Farmland for Cash Rent Bid
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1 Farmland for Cash Rent Bid 106 Acres (84.1% Tillable) Woodstock Township Schuyler County, Illinois For Information Contact: Christopher M. Flynn Edwards Group LLC 3223 South Meadowbrook Road, Suite A Springfield, IL Ph: chris@edwardsgroupllc.com
2 Page 2 Parcel ID: & Common Address: W. SD Sugar Grove Road 1780 E & S SD ST Rt N. Legal Description: Lots 1, 2, 4, 5 and 6 of the Northeast Quarter of Section 36, Township 1 North, Range 2 West of the Fourth Principal Meridian, as Platted for John Howell heirs, which said Plat is Recorded in Book V, on Page 243 of Records of Schuyler County, Illinois, except the Family Burying Ground of 0.08 acres in said Lot 1 and except about 3 acres in the Northwest Corner of Lot 2 heretofore conveyed to Samuel A. Steven, except that part conveyed to the People of the State of Illinois for Right of Way purposes by Instrument Recorded in Book J, Page 73, Records of Schuyler County, Illinois. Situated in Schuyler County, Illinois. Plat Map: Farm Service Agency (FSA) Data: The property is enrolled in ARC County. The Schuyler County FSA Office has provided the following information. Farm No Tillable Acres Corn Base Acres 43.7 Est. Corn PLC Yield 167 Bean Base Acres 38.8 Est. Bean PLC Yield 50
3 Page 3 Soils: An inventory of soils follow and is supported by the map below. The soils information was taken from Circular 811 published by the University of Illinois.
4 Page 4 Aerial Photo:
5 Page 5 General Terms and Conditions of 2017 Cash Rent Lease: Cash Rent Bid Due November 15, 2016, 12:00 p.m. (CST) and must be in writing. Verbal offers will not be considered. Acreage The acreage for this lease is based on the tillable acreage. Cash Rent Payment The cash rent shall be due in full on or before March 15, Limestone Landlord shall pay for lime and application. Ag Program Payment Tenant to receive 100% of the USDA direct program payment for the corresponding lease year. Maintenance Tenant shall keep the farmland, including soils and otherwise, in good condition. Landlord will ensure access to all tillable acreage. Tenant must repair any damage to tillable and non-tillable acreage caused by tenant. Roadsides Roadside appearance is important to the landowner and tenant will be expected to mow the roadsides at least 3 times per year, or if the tenant maintains the roadsides in a weed free state, then tenant will be expected to mow only one time after August 1st. Tenant is not responsible for mowing cemetery areas within the property, but must allow one narrow strip (approximately feet long by approximately 6-8 feet wide) for mowers to access and mow the cemetery. Renewal Landlord may entertain renewal or extension possibilities with tenant. Possession Upon signing the lease, tenant will have access to the land. During the term of the lease, tenant will have access to bins on the property for storage and use, at tenant's own risk. Please note that one bin has a drying floor, but tenant may need to provide its own fan for grain storage. Tenant will pay utility or similar costs as required for use of the bins. Financial Information Prior to lease signing, a prospective tenant agrees to provide a current financial statement. Tenant will be required to add Nancy L. Rice and David O. Edwards, Trustees of the Wilma A. Davis Trust, dated May 13, 2016, as additional insured to their policies with a minimum liability coverage of $1,000,000. Disclaimer: The information contained in this brochure is considered accurate, however, this information is subject to verification and no liability for errors or omission is assumed. Owner reserves the right to reject any and all bids for any reason, including failure to execute a lease agreement acceptable to the landowner.
6 Page 6 Woodstock Township Schuyler County, Illinois Property Legal: Lots 1, 2, 4, 5 and 6 of the Northeast Quarter of Section 36, Township 1 North, Range 2 West of the Fourth Principal Meridian, as Platted for John Howell heirs, which said Plat is Recorded in Book V, on Page 243 of Records of Schuyler County, Illinois, except the Family Burying Ground of 0.08 acres in said Lot 1 and except about 3 acres in the Northwest Corner of Lot 2 heretofore conveyed to Samuel A. Steven, except that part conveyed to the People of the State of Illinois for Right of Way purposes by Instrument Recorded in Book J, Page 73, Records of Schuyler County, Illinois. Situated in Schuyler County, Illinois. Applicant Information 2017 Crop Year Cash Rent Offer (based on tillable acres) Due November 15, :00 p.m. CST Name: Address: Phone: I offer $ per acre x acres = $, as cash rent for the farmland with general terms and conditions listed on the Farmland for Cash Rent brochure. If offer is accepted by owner, a written lease will be made available for potential tenants to review prior to signature. Signature Date Cash rent offers may be made to Christopher M. Flynn by fax at , by to chris@edwardsgroupllc.com, hand delivered or by mail to the address below, provided the offer is received at Edwards Group LLC by the due date and time South Meadowbrook Road, Suite A Springfield, Illinois (217)
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