Putnam County, IL Land Auction - Blukel

Wind Engery Lease And Easement Agreement

MEMORANDUM OF WIND ENERGY LEASE AND EASEMENT AGREEMENT

Tract Information

FSA map indicates 39.4 NHEL cropland acres
Productivity Index (PI): 144.7 (Class A)
Soil types include Muscatune, Sable and Catlin
Enrolled in SkyYield Wind Farm project
Access along the west side from St Rt 89

Method & Terms

The farm will be sold on a price per acre basis, based on 40 taxable acres 39.24 surveyed acres.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Wednesday, February 22, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Possession will be given at the time of closing, subject to a 2022 crop tenancy only. The farm sells free and clear for the 2023 crop year.

Bidding is NOT subject to the following contingencies, including but not limited to financing, an appraisal or inspection of the property.

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