Method & Terms

The farm will be sold by the acre based on 125.06 surveyed acres.

Immediately following the auction, the successful high bidder will be required to pay a ten percent (10%), non-refundable down payment, with the balance due at closing in 30 days, on or before March 23, 2021, unless otherwise agreed by UMB Bank, N.A. The successful bidder, upon payment of the 10%, shall receive a Receipt of Sale, and, upon payment in full, shall receive a Certificate of Sale.

The seller will pay the 2020 real estate taxes, which are due and payable in 2021.  Possession will be given at the time of closing. The seller will pay the 2020 real estate taxes, which are due and payable in 2021. The sale shall be subject to approval confirmation by the Circuit Court of Cass County, Illinois.

Possession will be given at the time of closing.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in all advertisements is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on any maps, photographs, etc. are approximate. Bidders should verify all information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is" and "where is" with all its faults.

Potential Bidder Qualifications

Sullivan Auctioneers, LLC and UMB Bank, N. A., Secured Lender, reserves the right to accept or reject any potential bidder(s) and, further, reserves the right to require from any potential bidder a letter of credit or other similar evidence of immediately available funding of the bidder's purchase.


CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW CERTIFICATE OF SALE

CLICK HERE TO VIEW RECEIPT OF SALE


Cass County, Illinois Circuit Court of the Eighth Judicial Circuit
Case No. 2018-CH-5

UMB Bank, N. A., Secured Lender

Representing Attorney:
Thomas W. Hayde, Jr. #6288227
Eric Peterson #6330989
Spencer Fane LLP
1 North Brentwood Boulevard, Suite 1000
St. Louis, MO 63105
Phone: 314-863-7733

• FSA information should indicate 53.6+/- acres tillable.
• Crop Productivity Index (PI) is 105.1.
• Soil types on tillable acres include Sylvan, Fayette & Rozetta.
• Balance of the acres are pastureland, wooded areas and a pond which offers outstanding wildlife habitat and recreational opportunities.
• Public road access by County Highway 2 along the entire southwest border.
• Note: The home and outbuildings are NOT included with this tract and the driveway leading to the home is not access to this tract.