Access is through an ingress & egress easement off of E 1520th St.

Tract 2 - 80 acres (subject to survey)

FSA figures indicate approximately 78 NHEL cropland acres currently row crop production (Farm is combined in FSA Information)

Productivity Index (PI): 117.2

Soil types include Titus, Ambraw, La Hogue

Access is through an ingress & egress easement off of E 1520th St.

Tract 3 - 80 acres (subject to survey)

FSA figures indicate approximately 76 NHEL cropland acres currently row crop production (Farm is combined in FSA Information)

Productivity Index (PI): 119.5

Soil types include Titus, Ambraw, Medway

Access is through an ingress & egress easement off of E 1520th St.

METHOD & TERMS

The Kirk R. Wainwright Trust farms will be sold on a price per acre basis, based on surveyed acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer 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 March 31, 2026.

The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes, due and payable in 2026. Possession at closing. Open lease for 2026 crop year and beyond.

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.

REAL ESTATE TAX INFORMATION

Tract 1 & 2 Combined

0310200001 - $2,857.00

Tract 3

0311100001 - $2,232.00

Representing Attorney:

Mark Churchill | Churchill & Churchill, P.C.

1610 Fifth Avenue, Moline, IL 61265 | (309) 762-3643

Auction Managers:

Isaac Taber (309) 335-8081

Dan Sullivan