SEALED BID SALE. 1, /- Acres Jackson County, Michigan
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1 Block FF L SEALED BID SALE 1, /- Acres Jackson County, Michigan SEALED BID DEADLINE: Friday, June 15 by 1:00 PM EDT Contact Agents for Additional Details! Property Location: 2.2 miles northwest of Parma Michigan, and north on Callahan Road. The farm is located on both sides of Callahan Road. Property Description: Highly productive soils, large contiguous tracts, easily irrigated pipe and wire already in place, mostly tillable acres. Block FF on FNC Website Neal Herr, AFM, Agent Camden, Indiana Office: (574) Cell: (765) Steve Herr, AFM, Agent Lapeer, Michigan Office: (810) Cell: (810) Serving America s Landowners Since Troy Parsell, CGA, Agent Lapeer, Michigan Office: (810) Cell: (989) TParsell@FarmersNational.com Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Lake Management Forest Resource Management National Hunting Leases FNC Ag Stock
2 28 Mi le Rd S Superior St 28 Mi le Rd Summary Page 1, /- Total Acres Parma Township Jackson County, Michigan ± total acres ± tillable acres Tract ± total acres 83.80± tillable acres Property Location Map Devereaux H-Drive N Eaton Rapids Rd ST W Mic h iga n A ve Austin Ave ST 199 N Ea ton St Albion Albion Rd ST 99 bor Rd Note: Parcel lines may not line up with aerial imagery.the parcel lines are not survey grade and their accuracy varies across the county. Their purpose is solely for visual representation.
3 958.96± Total Acres ± Tillable Acres Parma Township Jackson County, Michigan Parcel ID Numbers Farm Data Cropland Non-crop Total acres acres acres FSA Information (F8059 T11678): Base Yield Corn acres 128 bushels Soybeans acres 39 bushels Wheat acres 80 bushels Taxes: $15, or $16.12 per acre c A c. 21 Sec. 22 Sec. 23 Sec. 2 55B 55B 55B 49D 55B 55B 46 44B A 37 13B 2S 3W 44B 43A 35C 44C 15A 49E 13B 49D 49D 46 ec. 28 Sec. 27 Sec. 26 Sec D 49D 48 49E 15A MAP NON IRR SYMBOL NAME LCC ACRES 37 Palms muck, 0 to 1 percent slopes Vw Henrietta muck IIw Sebewa loam, 0 to 2 percent slopes IIw Gilford-Colwood complex IIw Hillsdale-Riddles sandy loams, 6 to 12 percent slopes IIIe 76.9 Barry loam, 0 to 2 percent slopes IIw 59.7 Brady sandy loam, 0 to 3 percent slopes IIw Houghton muck, 0 to 1 percent slopes Vw D Hillsdale-Riddles sandy loams, 12 to percent slopes IVe 23.0 Hillsdale-Riddles sandy loams, 1 to 6 percent slopes IIe.7 55B Eleva sandy loam, 1 to 6 percent slopes IIIs.4 13B Ormas-Spinks complex, 0 to 6 percent slopes IIIs A Teasdale fine sandy loam, 0 to 3 percent slopes IIw A Dixboro very fine sandy loam, 0 to 3 percent slopes IIw C Arkport-Okee loamy fine sands, 6 to 12 percent slopes IIIe Napoleon muck VIw E Hillsdale-Riddles sandy loams, to 30 percent slopes VIe B Leoni gravelly sandy loam, 2 to 6 percent slopes IIIs C Leoni gravelly sandy loam, 6 to 12 percent slopes IIIe D Riddles-Leoni complex, 10 to 20 percent slopes IVe A Kibbie fine sandy loam, 0 to 3 percent slopes IIw 0.2 TOTAL Note: Parcel lines may not line up with aerial imagery.the parcel lines are not survey grade and their accuracy varies across the county. Their purpose is solely for visual representation.
4 Tract ± Total Acres 83.80± Tillable Acres Parma Township Jackson County, Michigan Parcel ID Numbers Farm Data Cropland Non-crop Total acres acres acres FSA Information (F8059 T11678): Base Yield Corn acres 128 bushels Soybeans acres 39 bushels Wheat acres 80 bushels Taxes: $1, or $.59 per acre Sec. 21 Sec. 22 Tract 2 2S 3W Tract Sec. 28 Sec C 35B 13C 13D MAP NON IRR SYMBOL NAME LCC ACRES Hillsdale-Riddles sandy loams, 1 to 6 percent slopes IIe 31.3 Hillsdale-Riddles sandy loams, 6 to 12 percent slopes IIIe Sebewa loam, 0 to 2 percent slopes IIw 19.9 Brady sandy loam, 0 to 3 percent slopes IIw Palms muck, 0 to 1 percent slopes Vw B Arkport-Okee loamy fine sands, 2 to 6 percent slopes IIIs D Ormas-Spinks complex, 12 to 25 percent slopes IVe C Ormas-Spinks complex, 6 to 12 percent slopes IIIe C Arkport-Okee loamy fine sands, 6 to 12 percent slopes IIIe 0.5 Gilford-Colwood complex IIw 0.2 TOTAL 99.7 Note: Parcel lines may not line up with aerial imagery.the parcel lines are not survey grade and their accuracy varies across the county. Their purpose is solely for visual representation.
5 Property for Sale by Bids L , 1, /- Acres, Jackson County, Michigan Bid Procedure Written bids will be received at the office of Farmers National Company, 411 Nepessing, Lapeer, MI 48446, until 1:00 PM (EDT), on Friday, June 15, 20. Bids should be for the total dollar amount and not per acre. Please submit your highest and best offer. There will be no oral bidding. We will acknowledge receipt of all bids. Seller reserves the right to reject any and all bids, and modify bidding requirements at their discretion. Bid Method: Bidding will be either by a single whole farm bid OR by the individual tract desired. Contact Agent for additional tract questions. Terms of Sale and Closing Terms of the sale are cash. The successful bidder will be required to sign a purchase agreement and provide a 10% earnest money check with the balance due at closing in approximately 30 days. At the execution of the purchase agreement, the successful bidder will provide a lender s financial commitment letter for the amount of the purchase price. The seller will provide an owner s policy of title insurance in the amount of the contract price. The cost of title insurance and escrow closing services will be shared equally between buyer and seller. Seller will convey title by a special warranty deed. Property Taxes Real estate taxes for 20 payable in 20 will be paid by the seller. The 20 real estate taxes paid in 2019 will be prorated based on the same calculation as the crop lease revenue and settled at the closing. Minerals All mineral interest owned by the seller, will be conveyed to the buyer(s). Irrigation Equipment Seller does not guarantee unencumbered title to irrigation equipment. Irrigation systems, if any exist on the property, are NOT guaranteed to be free and clear of any and all title encumbrances per the seller. Buyer agrees property is being sold with this understanding. Crop Lease 20 Crop Lease Revenue will be pro-rated via June 1 through October 31, 20 time frame. Conditions This offering/sale is subject to all easements, covenants, restrictions of records, and leases. Bidder is responsible for conducting their own inspections (with approval from FNC agent), inquiries, and due diligence concerning the subject property. All property is offered for sale on an As IS-WHERE IS basis with no warranties or guarantees, either expressed or implied, by the seller or Farmers National Company. Personal property of prior or current tenants on site is not offered as part of the sale. Surveys are at the discretion of the seller when legal descriptions do not clearly define the tract(s). The buyer takes subject to any existing tenancy on the property, whether by written or oral lease. Agency Farmers National Company and its representatives are acting as Agents of the Seller. For more information, contact: Neal Herr Farmers National Company 411 W Nepessing St Lapeer, MI NHerr@Farmersnational.com Telephone: (765)
6 Bid Form Block FF L , 1, /- Acres, Jackson County, Michigan I/we hereby offer the following amount(s) for the tracts listed below: Whole Farm: 1, acres Bid amount $ : acres Bid amount $ Tract 2: acres Bid amount $ Bid is total price NOT per acre. I acknowledge there will not be an oral bidding and agree to sign a purchase agreement and deposit 10% earnest money on the date of sale if I am the successful bidder. Signature Date Print name Address City State ZIP code Telephone number Cell phone number Return no later than 1:00 PM (EDT), Friday, June 15th, 20, to: Neal Herr Farmers National Company 411 W Nepessing St Lapeer, MI NHerr@Farmersnational.com Telephone: (765)
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