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Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale15 Photos
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
Terms of Sale
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Terms of Sale
Terms of Sale

Terms of Sale

Lot Closed

Auction by Van Adkisson Auction Service(107)
This item is in Monmouth, IL

Similar Items

Overview of Terms of Sale

Item Details

* This Lot is for informational purposes only *


SALE PROCEDURE: Tracts 1 and 2 are contiguous and will be offered by bidder's choice whereby the high bidder has the privilege of selecting either one or both tracts. In the event one tract is selected the remaining tract will then be sold. The tracts will not be offered in combination. Bidding will be by the acre with the total sale price calculated by multiplying the per acre bid price times the surveyed acreage.


TERMS OF SALE: Immediately following the auction, buyer(s) will be required to execute a purchase agreement and pay ten percent (10%) of the purchase price as a non-refundable down payment. The down payment will be held in escrow until the closing. The balance of the purchase price will be due at closing on or before March 24, 2022. Buyers will receive full possession for the 2022 crop year at the closing. Title insurance in the amount of the purchase price(s) will be provided by the seller. The 2021 real estate taxes payable in 2022 will be paid by the seller.


TAX INFORMATION: Parcel ID: 04-008-004-00. 2020 Real Estate Taxes Paid in 2021 - $5,107.92


Click here for the Purchase Agreement

Click here for the Title Insurance Commitment


The property is selling under standard auction terms - As Is - without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction.


The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously.


Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.


SELLER: Hannah Jane Grand Trust - J. Lee Lucas, Trustee


ATTORNEY: George Hennenfent - McMillan, Hennenfent & DeJoode Law Firm
120 North Main St. - Roseville, IL 61473 - Ph. 309-426-2176


AUCTIONEERS: Van Adkisson (309)337-1761
                            Jeff Gregory (309)337-5255


INTERNET BIDDING: Heather Gregory (309)337-2217


Click here to view the full listing on our website.

 

Payment

Immediately following the auction, buyer(s) will be required to execute a purchase agreement and pay ten percent (10%) of the purchase price as a non-refundable down payment. The down payment will be held in escrow until the closing. The balance of the purchase price will be due at closing on or before March 24, 2022
CheckWire Transfer

Auction Details

Warren County, IL Land Auction-Hannah Grand Trust1110 North 11th Street, Monmouth, IL, 61462Thursday, Feb 24, 2022 | 10:00 AM CST

Auction House

Van Adkisson Auction Service
Van Adkisson Auction ServiceRoseville, IL(107)
Contact Auction House

Terms Of Sale

The property is selling under standard auction terms – As Is -without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction. The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.
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