Richard Olson & Associates

REAL ESTATE AUCTION | 87 Acres - Grundy County
SATURDAY, NOVEMBER 12, 2011 @ 1pm

Tillable and Wooded Tracts

Auction Location:
American Legion Hall, 508 Depot Street, Mazon, IL

This farm will be offered as follows:
Parcel 1: South 23 Acres, tillable land
Parcel 2: Middle 23 Acres, tillable and wooded
Parcel 3: North 40 Acres, tillable and wooded with Mazon River frontage.
The parcels will be offered separately and as a whole.

Farm Location:
2 1/2 miles North of Dwight, IL on Route 47, then West 2 miles on Goodfarm Road, then 1/2 mile North on Holm Road. (E 1/2 of NE 1/4 of Section 18, Goodfarm Twp)

Property Description:
The property has approximately 68 acres of tillable ground with good soil types and wooded area's with Mazon River frontage. Excellent building sites!

FSA Report

Owner:
Neville Trust

Attorney:
Gary Neville 815-584-3006

Tax Information:
ID# 11-18-200-002
Taxes $522.

Part of ID#: 11-07-400-003
Taxes: $170

TERMS:
The Seller shall provide clear title to the Real Estate subject to any and all easements recorded at time of sale. The successful bidder will be required to enter into a sales contract on day of sale and deposit $15,000 earnest money per parcel to be held by Richard A. Olson & Associates in an escrow account and will be applied to the purchase price. Seller will pay 2011 Real Estate Taxes due in 2012. The Seller will provide a farm survey at closing. The title policy and sales contract is available from the Seller's attorney.

DISCLOSURE:
All information contained on this web site and all related materials are subject to the terms and conditions outlined in the Agreement To Purchase. Announcements made by the auctioneer at the time of sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an as-is basis and no warranty or representation, either expressed or implied, concerning the property made by the Seller or auction agency. The information contained on this web site ia believed accurate, but is subject to verification by all parties relying on it. No liability for it's accuracy, errors or omissions is assumed by the Seller it the auction agency.

POSSESSION & CLOSING:
Possession will be at closing. Closing will be on or before December 30, 2011. The buyer will have the option of extending the closing until January 31, 2012 at a cost of 6% of the sale price per year prorated to the closing date on any days beyond December 30, 2011. The cost will be due at closing in addition to the purchase price.