78.04 Productive Acres in 1 Parcel, Rochelle, Il.
SAT. AUGUST 9TH, 10 AM
Land located 1 Mile East of Int. I-88 & I-39
On NE Corner of I-88 & Mulford Rd.
Auction conducted at HickoryGroveConvention Center
1127 No. 7th Street (Rte. 251), Rochelle across from McDonalds.
SELLING ABSOLUTE-NO MINIMUM, NO RESERVE, NO BUYERS PREMIUM
Well located, near Grain Markets and Ethanol Plant, and in the Path of Progress
5 YEAR YIELDS
2013- 59 bu. per acr. Beans
2012- 155 bu. per acr. Corn,
2011- 61 bu. per acr. Beans
2010- 201 bu. per acr. Corn
2009- 48 bu. per acr. Beans
CRP Payment $346.31 PA
Potassium K 318.7
Phosphorus P1 64.7
Organic Matter 3.5
Property to be offered for sale in 1 Parcel. Bidding on the land shall be based on a dollar amount per surveyed acre.
Successful bidders will pay $40,000. as Earnest Money on the Day of Auction, upon signing a contract to Purchase. The Earnest Money can be paid in Cash, or by Personal, Corporate or Cashiers Check. The balance of the Purchase will be due upon closing on or before Sept. 20, 2014.
POSSESSION Possession of Property shall be at closing, subject to harvest of 2014 Crop.
FINANCING Your Bidding is not conditional upon Financing. Lenders Representatives will be in attendance at the Auction, or call Gordon to be referred to them prior to the Auction.
REAL ESTATE TAXES The Seller shall credit buyer at closing for 2014 Taxes payable in 2015 based on the most recent ascertainable information
SURVEY Seller shall provide a boundary survey prepared by a Licensed surveyor.
TITLE Seller will furnish successful Bidders an Owner’s Policy of Title Insurance in the amount of purchase price and a deed conveying the Real Estate to the Buyers.
AGENCY Auctioneer Gordon Stade and his respective representatives are exclusive agents of the Sellers.
ANNOUNCEMENTS Given on the day of the Sale shall have precedence over any and all or previous advertising and descriptions. Bidding increments shall be at the sole discretion of the Auctioneer.
DISCLAMER The Property is being sold in an “AS IS-WHERE AS” condition and no warranty or representation, either expressed or implied concerning the property is made by either the Seller or Auctioneer. Each Bidder is responsible for conducting their own independent investigation and all due diligence concerning the property and the auction.
For Inspection of this Property or more Information please contact:
Auctioneer: Gordon Stade
847-514-2853. Il Lic. 441.000397
TENANCY OPEN FOR 2015
Legal Description: The So. ½ of the SW ¼ of Section 27, Dement Twsp., OgleCounty
RE Taxes: 25.04 Per Acre
Watch for Signs on Property
HEIRS OF RUTH G. EDWARDS, SELLERS
Burke Geissler, Rockford, Il. Atty. For Sellers
Auctioneer: Gordon Stade, Huntley, Il. 847-514-2853