Lewis County, Missouri
Land Auction

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SATURDAY, SEPTEMBER 21, 2013 - 10:00 A.M.

Location: SALE TO BE HELD AT THE CENTERSTONE INN
(FORMERLY THE COMFORT INN),
1701 OAK STREET, CANTON, MO

Productive Tillable
Farmland!

Fabius River Frontage!

Premier Hunting/Recreational Acreage!

160 Acres± - 1 Tract
(Subject to Final Survey)

LOCATION & GENERAL INFORMATION

Land is located in Section 5, T60N-R7W, Highland Township approximately 1 1/2 miles northeast of Ewing, MO. (Approximately 20 miles NW of Quincy, IL). Land represents productive tillable farmland, hardwood timber and offers "Premier Hunting/Recreational Acreage" with Fabius River frontage. Improvements include a well maintained older barn, large open front machine shed and other older buildings.

TRACT INFORMATION

FSA figures should indicate approximately 76.33 acres of tillable cropland of which approximately 10.7 acres are enrolled in CRP at a payment rate of $72.94 per acre to 9-30-2017 and 6.6 acres are enrolled in CRP at a payment rate of $121.23 per acre to 9-30-2027.
Soil types include Keswick, Vanmeter, Gorin, Vigar & Winfield.
Tract represents tillable cropland, hardwood timber, exceptional whitetail deer and wild turkey hunting acreage along with excellent building sites.
Improvements include a well maintained older barn, a nice open front machine shed and other older outbuildings. Access by way of a 30' owned lane extending south from Hwy. CC to the northwest portion of this tract.

METHOD & TERMS

Bidding will be on a price per acre basis based on a recently completed survey. Ten (10%) percent of the bid price to be paid on the day of sale with the balance to be due on or before October 21, 2013. Full possession will be given at the time of closing. Title Insurance in the full amount of the purchase price will be provided. The 2013 real estate taxes will be prorated to the date of closing.

SPECIAL PROVISIONS (PLEASE READ CAREFULLY)
This is a sale of a Subchapter C Corporation and not the sale of real estate. The corporation owns the 160 acre± farm, but only the stock will be sold and transferred. Any interested purchaser should have his attorney or tax accountant contact the seller's attorney for more information.
If you have any questions in regards to the above listed information, feel free to give Oak Hills Title Company, Dennis W. Smith, Attorney a call at 573-288-4461.

All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "AS IS".



Wallace Brothers Inc.

Closing & Title Work By:
Oak Hills Title Company
Dennis W. Smith
307 Lewis St. - Canton, MO - Ph: 573-288-4461

1066 E. US Highway 136, P.O. Box 111
Hamilton, IL 62341-0111
Phone: 217-847-2160
Fax: 217-847-6246


sold@sullivanauctioneers.com

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