Logan County Farmland Auction 66 +/- Acres

DISCLAIMER: Property is selling as-is, where-is with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to cancel the sale. Property will be conveyed by a Warranty Deed. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to the seller's reserve at their sole discretion. The property will sell as-is, where-is with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate. Neither the seller, Kelso Rhoades Real Estate Auction Group, nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchasers representative will acknowledge by signature of the real estate sales contract they have inspected the property. The terms of the real estate sales contract are controlling in the event of any perceived inconsistency between its terms and any statements or other advertisement. BUYER'S PREMIUM: There will be no internet buyer's premium charged on this sale. CONTINGENCIES: This sale is not contingent on Purchasers ability to obtain financing, or subject to any home, radon, lead-based paint, mold, or other inspections. POSSESSION: Purchaser will receive possession at closing. The purchase price will be determined by multiplying the price per acre times the surveyed acreage amount. Equal Opportunity Clause: All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchasers race, color, religion, sex, material status, national origin, or physical handicap. Debt Collection and Interest Charge: The bidder agrees to pay all reasonable attorney fees and other costs incurred by Kelso Rhoades Real Estate Auction Group in its efforts to collect unpaid funds from the bidder. Any debt collection or dispute proceedings will be heard in Fulton County, Illinois. Guaranty Agreement: By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorneys fee. Terms for Online Bidding: The online registration will need to be completed. The successful bidder will be notified immediately following the closing of the auction and a time will be set to either sign the real estate sales contract in person or electronically, neither which will take place later than December 15, 2020. The terms of the real estate sales contract will take precedence of any claims made in this notice. At the time of executing the sales contract, earnest money in the amount of 10% of the sales price will be collected in the form of certified funds or bank wire, made payable to Rhoades Real Estate & Land Auction Services, Inc. The balance of the contract price will be paid in full at closing, which will be scheduled for no later than January 19, 2021. If you have any questions, please call our office at 309-647-8811. AGENCY: Rhoades Real Estate & Land Auction Services, Inc. DOB Kelso Rhoades Real Estate Auction Group, auctioneer/broker, is acting exclusively as agent for the seller.