PRE AUCTION OFFERS: Seller will consider all pre-auction offers and this auction could be cancelled if a pre-auction offer is accepted. 

SELLERS: Jeffrey and Pamela Perry

BIDDING METHOD: This property will be sold by the acre and the winning bid will be multiplied by the number of acres indicated in the tract you are bidding on. 

• Tract number 1 is 80.5 acres m/l (bid amount multiplied by 80.5 acres)
• Tract number 2 is 65 acres m/l (bid amount multiplied by 65 acres)
• Tract number 3 is 35 acres m/l (bid amount multiplied by 35acres)
• Tract number 4 will be the entire farm and is 180.5 acres m/l (bid amount multiplied by 180.5 acres)

All bids are subject to seller confirmation.  This auction has a low reserve to protect the sellers interest.  The seller wants to sell this farm on sale day.

INCOME AND PAYMENTS:  Seller will retain rental income for the 2009 crop lease, all CRP income will be divided according to FSA rules and current CRP contract.

EARNEST DEPOSIT: 10% will be due and non-refundable from the buyer upon becoming the successful bidder at this auction event.  The remainder will be due upon closing August 11, 2009 or before.

LEGAL DESCRIPTION:  W ½ SE ¼ and E ½ SW ¼ and 10 acres off the south side SE ¼ NW ¼ and 10 acres off the south side SW ¼ NE 1/4 , all in Section 35, T3S, R9E of 3^rd P.M., White County, Illinois, containing 180.5 acres, more or less.

PURCHASE AGREEMENT: The successful buyer(s) will enter into a purchase agreement with the sellers the day of the auction event. 

AGENCY: Whitetail Trophy Properties is a real estate brokerage licensed in Illinois and represents the seller.  Mark Doerner is the agent of the seller and a licensed real estate salesperson in Illinois.  Jason Smith will conduct the sale as the Auctioneer and is a licensed real estate salesperson in Illinois.

FINANCING: Your bidding is not contingent upon financing, all bids must be cash bids.  All financing must be arranged prior to the auction event.

TAXES: All taxes will be prorated to the date of closing.

SURVEY: The farm will be divided using description of the parcels.  All acreage numbers stated are more or less.  The seller does not intend to have a survey completed.  All lines drawn on graphics are approximate.

MINERAL RIGHTS: All mineral rights owned by the seller will transfer to the buyer.

POSSESSION: Possession is subject to tenants rights.  Buyers will have landlords possession until March 1 2010.  All buyers will have full hunting rights on any tract purchased.

EASEMENTS: Subject to all easements, covenants, and restrictions in place.

DISCLAIMER AND ABSENCE OF ANY WARRANTIES WHAT SO EVER.  All information contained herein and all related materials are subject to the terms and conditions outlined in the agreement to purchase.  The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company or their agents. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the auctioneer are final, all announcements made the day of the auction, by the Auctioneer, will take precedence over previously printed or spoken information.

Carmi is located south of Interstate 64 on Illinois State Road dual named 14 and 1.  Main street is also the highway that goes through Carmi.  The sale location will be marked with signs, parking is easily accessible.

You will also be able to bid at the live auction online from your own home.  Contact the auctioneer to be pre-approved for online bidding.