PUBLIC LAND AUCTION

Located at the Odell Knights of Columbus Hall

108 Tremont Street, Odell, Illinois

Friday, February 17, 2017
AT 10:00 A.M.

 


154.2 ACRES

The Southwest Quarter Of Section 27 In Township 30 North, Range 5 East of The Third Principal Meridian, EXCEPT That Part Conveyed To The State Of Illinois, by Deed Recorded March 20, 1969 in Book 317 At Page 761 and Also EXCEPT That Part Conveyed By Warranty Deed Recorded April 29, 1985 as Document Number 412569, In Livingston County, Illinois, containing 154.20 Acres More Or Less.  Permanent Real Estate Tax Index Number 03-27-300-002

Includes 24.23 Acres of CRP Land

Soil Types: Rowe 230, Clarence 147A, Clarence 147B, Clarence 147C2

Tenancy is Open for 2017

Real Estate Taxes $604.28

Farm Has A Wind Energy Lease Agreement To Be Assigned To New Buyer

Farm Is Located From Odell Illinois 6 Miles West on Rd 2600 N to Rt 170 (Rd 1500E) And 2 Miles North At the Corner Of Rds 2800 N and 1500 E

 


 

 

TERMS:  Sale Subject To Owners’ Confirmation.  Announcements On Auction Day Take Precedence Over Printed Material.  Buyer Will Enter Into A Contract And CRP Assignment Agreement With 10% Down Payment And The Balance Due In 30 Days.  Possession Granted At closing.  Seller Will Retain 2016 Crop Proceeds and Government Payments (which may be payable in 2017).Buyer Will Reimburse Seller for Any 2017 Seed, Planting, Fertilizer and Fall Tillage Expenses.  Title Policy In The Amount Of The Sale Price, Subject to Standard And Usual Exceptions, Will Be Furnished By Seller. 2016 Real Estate Taxes Payable in 2017 to Be Paid By Seller via Credit at Closing.  All Subsequent Real Estate Taxes to Be Paid By Buyer.

Information Provided Believed To Be Accurate But Is Subject To Verification By Buyer.  Property is Being Sold “as is, where is” Condition with No Financing,

Inspection or Other Contingencies.  There Are No Warranties, Expressed or Implied, As To The Information Provided Herein.  Seller and any Agent Expressly Disclaim Any Liability for Errors, Omissions or Changes Regarding Any Representations or Information Provided Herein or Announced Prior To The Auction



 

Ruth C. Rinn Trust
Linda Verdun Trustee, Seller
 

Attorney for Trust:

Thomas E Herr

Dunn Law Firm LLP

1040 W Howard St.

Pontiac, Illinois

Ph: 815-844-7128

 

Immke and Bradle y Auction Service

Auctioneers:

Freddie Immke
IL Lic #440 000070
Saunemin, IL   
Ph-815-832-4957   
   
Brian Bradley
IL License #040000505
Streator, IL
Ph-815-674-2543
Brent Bradley
IL License #440.000571
Streator, IL
Ph. 815-992-2699

Conducting Professional Auctions since 1964
Member National and Illinois Auctioneers Association (Hall of Fame)