Dan Sullivan (319) 795-1833

GENERAL INFORMATION

312.2 acres (subject to survey) 3 tracts

The real estate contains 312.2 acres (subject to survey) and will be sold in 3 tracts. The farm represents highly productive tillable cropland.

ALL TRACTS SELL WITH FULL POSSESSION FOR THE '24 CROP YEAR!

TRACT INFORMATION

Tract 1 - 101 taxable acres

FSA records indicate 96.73 cropland acres

NCCPI overall soil rating of 73.2

Soil types include Mexico, Menfro, and Winfield

Access along the east from Hwy H

Tract 2 - 56 acres (subject to survey)

FSA records indicate 54.58 cropland acres

NCCPI overall soil rating of 72.3

Soil types include Mexico and Putnam

Access along the east from Omaha Rd and along the south from Creek Lane

Tract 3 - 155.2 acres (subject to survey)

FSA records indicate 146.73 cropland acres

NCCPI overall soil rating of 70

Soil types include Mexico, Leonard, and Putnam

Access along the north from Creek Ln

METHOD & TERMS

The L.J. and Ruth C. Hagan Trust farm will be sold on a price per acre basis, based on taxable acres of Tract 1 and surveyed acres of Tracts 2 & 3. All 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, payable to Monroe County Abstract and Title, 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 Friday, April 26, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes due and payable in 2024. Buyer pays 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Full possession will be given at the time of closing.

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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

L.J. & Ruth C Hagan Trust

Representing Attorney:

James McConnell Law Office

127 E Walnut St, Shelbina, MO 63468 | (573) 588-2115

Closing & Title Work:

Lisa Minor | Monroe County Abstract & Title Co.

PO Box 248, 229 North Main, Paris, MO 65275 | (660) 327-4109

Auction Managers:

Steve Zeiger (573) 231-9802

Dan Sullivan (319) 795-1833