Real Estate Auction

37.5 +/- acres in Prairie Township

in Edgar County, IL

Thursday, March 8, 2007 – 10 AM CST

Auction location: Old Country Restaurant at intersection of IL Rt. 1 & US 36 in Chrisman, IL.  Map of auction location.

Directions to Property: From the intersection of US 36 and IL Rt. 1 travel east on US 36 3.5 miles to the Scottland Rd./CR 1950E, travel north 2miles on the Scottland Rd./CR 1950E to property on the west side of road.

Brochure		Photos
Download a brochure for this auction (Adobe PDF)		Click here for photos for this auction

Property Description: Approximately 25 productive tillable acres and 12 acres of pastureland with the Salt Fork Creek running through the pasturelands. Property has good frontage roads on the Scottland Rd./CR 1950E and CR 2400^th Street.

Legal Description: part of the southeast ¼ of the southwest ¼ of Section 14, T.16N., R.11.W. of the 2^nd P.M., Edgar Co., IL, 37.5 containing acres more or less.

F.S.A. Information: 25.7 tillable acres, farm is classified highly erodible, 6.5 acres corn base, 17 acres soybean base, direct yields-113 bushels for corn and 3` bushels for soybeans and counter cyclical yields-129 bushels for corn and 37 bushels for soybeans.

Tenant Rights: The tenant rights are open for the 2007 crop year.                      

Real Estate Taxes: The Seller will pay the taxes due in 2007 by deducting from the sale price in the amount of $137.20.

Seller: Terry & Brenda Hollingsworth

Moss Auction Team, LLC

Pairs, IL 217-465-4500

Larry Moss IL lic.#040000147

Matt Moss IL lic.#040000148

Auction Terms and Conditions

Down Payment: Ten percent (10%) down payment on the day of the auction upon signing a purchase agreement immediately following the close of the auction. The remaining balance will be due in 30 days at the closing with delivery of deed. Property is being sold subject to any easements or right of ways of public record. Buyer(s) will receive full possession at the time of closing. Buyer(s) should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it.

Acceptance of bid prices: The successful bidder(s) will be required to sign purchase agreements at the auction site immediately following the close of the auction.

Title: Seller will offer title insurance on the property being offered in the auction.

Mineral Rights: Buyer(s) will receive mineral rights owned by seller.

Legal Questions: Legal questions may be directed to attorney Richard Kash of Fruin & Kash Law Offices in Paris, IL. 217-465-4196

Agency: Moss Auction Team and their staff are exclusive agents for the Seller.

Auction Company Note: Announcements on Sale day take precedence over printed material or any other oral statement made.

Disclaimer and Absence of Warranties: The property is being sold on an “as is, where is” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential buyer is responsible for conducting his or her own independent inspections, investigations and inquiries concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction procedure, conduct, and bid increments are at the direction and discretion of the Auctioneer. The Seller and the Auctioneer reserve the right to preclude any persons from bidding if there is any question as to the person’s credentials, fitness, etc. Auctioneer has final decision on all matters pertaining to this auction.

The Moss Auction Team is a full service professional Auction Company  owned and operated by Larry and Matthew Moss  in Paris, Illinois. 

Together we conduct auctions of various types in an ethical and honest manner with the use of both traditional and new innovative ideas for auctions. 

We are determined to use the auction method of marketing to bring both sellers and buyers together to reach fair market value of the property or goods being sold.