The balance of the farm represents a timbered draw that would allow for hunting

Excellent potential building site

Access is along the north side from the Bentley Blacktop and access along west side from NCR 2500

Tract 2 - 67.38 surveyed acres

FSA figures indicate approx. 65.19 acres of cropland

Of the cropland, currently 32.86 Acres are in row crop production

Approximately 31.63 acres of cropland are enrolled into CRP (CP4D paying $140 per acre thru 9-30-2030)

Productivity Index (PI): 121.6 (on the tillable field)

Soil types include Clarksdale, Fishhook & Ipava

The balance of the farm represents a timbered draw which offers hunting/recreational opportunities

There is a 20 ingress/egress easement for the adjoining land owner to the east (see map)

Access is along the west side from NCR 2500

METHOD & TERMS

The Lantz farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect both tracts, the remaining tract will then be sold. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Monday, December 8th, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all of the 2025 real estate taxes. Buyer(s) will receive all of the CRP payments for 2026 and beyond. Open lease for 2026 crop year. No hunting leases. Possession at closing subject to the existing farm lease for the 2025 crop year only.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS.

Anna Arlene Lantz Trust

Representing Attorney:

Tom Hartzell | Tucker, Hartzell & Bryant, Attorneys at Law

608 Wabash Ave, Carthage, IL 62321 | (217) 357-3121

Auction Manager:

Michael Sullivan (309) 333-0916

Louie Zinn (319) 795-2134