Moss Auction Team

Real Estate Auction

1,824 sq. ft. 2-Story Country House on .767 +/- acre & 67.09 +/- acres of Farmland, Pasture & Woodlands in Symmes Twp. of Edgar County, IL Offered in 2 Tracts

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.

Property Directions: From Paris, travel 2 miles south on IL Rt. 1 to property on east side of highway. Watch for signs.

Tract Descriptions:

Tract 1: Approximately 1,824 sq. ft. 2-story country house on .767 +/- surveyed acres. The house has 8 rooms consisting of: 5 bedrooms, 2 bathrooms, a large living room, a dining room, a kitchen and an enclosed back porch. There is a full-sized basement of approximately 912 sq. ft. The house as 100 AMP service, a newer forced-air furnace, central air-conditioning, a new 50 gallon gas water heater and painted wood siding. The house has a newer aeration septic tank system and rural metered water from the Clark-Edgar water line. The property offers a small wooden outbuilding and several large shade trees. This property is great for any size family wanting to be located just out of city limits.

Tract 2: 67.09 +/- acres with 29.45 acres tillable and the balance of acreage in pasture and woodlands. Property offers existing fenced pasture land with a pond and a creek, along with woodlands for exceptional deer and turkey hunting. This tract offers a little of everything for the buyer looking for good return on an investment.

Tract 1 Open House: Saturday, February 25 @ 1-2:30 PM.

Tract 1 Note: This home was built before 1978 and all prospective buyers have 10 days prior to auction for inspection of lead based paint. Buyer must sign a disclosure waiver the day of the auction. The disclosure waiver and pamphlet will be available for viewing before the auction.

Tract 2 Property Viewing: Foot traffic only for viewing this property. Please, no motor vehicles.

Tract 2 F.S.A. Information: 29.45 acres tillable classified HEL, 15.2 acres corn base, 14.3 acres soybean base; direct yields-93 bushels for corn, 29 bushels for soybeans; counter cyclical yields-115 bushels for corn, 35 bushels for soybeans.

Real Estate Taxes: The 2010 real estate taxes paid in 2011 were $1,090.80. Property ID #s 14-19-30-100-001 & 14-18-25-200-003.

FSA Map	Plat Map
Soils Map	Auction Brochure

Click the slideshow below to see individual photos of Tract 1.

Click the slideshow below to see individual photos of Tract 2.

Auction Terms and Conditions

Auction Procedure: This property will be offered in 2 individual tracts or as a whole. Bidders will be able to bid on either tract or as a whole at several different times during the auction. The property will be sold in the manner resulting in the 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 Larry Jones’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 Larry Jones in Paris, IL. 217-465-7525

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: Bernie Tompkins Trust-Edgar County Bank-Trustee

MOSS AUCTION TEAM, LLC

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.