Moss Auction Team

Land Auction

50.15 +/- acres of Productive Tillable Farmland in Grandview Twp. of Edgar County, IL

Friday, March 2, 2012 – 10 AM Central

Auction location: Edgar County 4-H Building in Paris, IL.

Directions to Auction Site: From the Courthouse Square in downtown Paris, travel north on Main St./IL Hwy. 1 for 12 blocks to Elliot St., turn east on Elliot St., 4-H Building is on the north side of Elliot St. Follow auction signs.

Directions to Property: From Paris travel 7.5 miles west on IL Rt. 16 to CR 625E/Grandview Rd., travel north 1.5 miles on CR 625E/Grandview Rd. to property on east side of road. Watch for signs.

Property Description: 50.15 +/- acres with 48.2 tillable acres and excellent road frontage along CR 625E/Grandview Rd.

Legal Description: part of the northwest ¼ of the southeast ¼ and part of the northeast ¼ of the southwest ¼ and the south part of the northwest ¼ of the southeast ¼ all in Section 15,T.13N., R.13W. of Edgar County, Illinois containing 50.15 acres more or less.

F.S.A. Information: 48.2 acres tillable with 7.97 acres classified NHEL & 40.23 acres classified HEL, 24.1 acres corn base, 24.1 acres soybean base; direct yields-119 bushels for corn, 34 bushels for soybeans; counter cyclical yields-150 bushels for corn, 40 bushels for soybeans.

Real Estate Taxes: The 2010 real estate taxes paid in 2011 were $776.40 or $15.48/acre. Property ID #s 06-17-15-400-004, 06-17-15-300-003 & 06-17-15-400-001.

FSA Map	Plat Map
Soils Map	Auction Brochure

Click the slideshow below to see individual photos.

Auction Terms and Conditions

Auction Procedure: This property will be offered in one whole unit. Bidders will be able to bid at several different times during the auction resulting in highest total sale price, subject to the seller’s acceptance. The auction procedure, conduct and bid increments are at the direction and discretion of only the Auctioneer.

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 on or before April 2, 2012 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. The final bid price is subject to the Seller’s acceptance or rejection.

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

Closing: The closing will take place on or before April 2, 2012 at attorney Karen Burkybile’s office in Paris, IL.

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

Tenant Rights & Possession: Tenant rights are open for the 2012 crop year. Full possession will be given to the buyer(s) at time of closing.

Real Estate Taxes: The real estate taxes will be deducted from the selling price based on the taxes paid in 2011. Buyer(s) will assume real estate taxes payable in 2012 and thereafter.

Legal Questions: Legal questions may be directed to attorney Karen Burkybile in Paris, IL. 217-465-465-5525

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

Auction Company Note: Announcements made on sale day by the Auctioneer 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, with all faults” 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. Information in this brochure is subject to verification by all parties relying on it. All dimensions and diagrams are approximate. All acreages are estimates. 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.

Seller: W. L. Loewenstein Trust-Edgar County Bank-Trustee

MOSS AUCTION TEAM, LLCC

Paris, IL 217-465-45455

Matt Moss IL lic.#440.000148 Larry Moss IL lic.#440.000147

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.