Block W L-1800153-35 SEALED BID SALE 457.1+/- Acres Van Buren County, Michigan SEALED BID DEADLINE: Wedneday, March 13 by 1:00 PM EDT Contact Agents for Additional Details! Property Location: Travel two miles south of Lawrence on 50th Street to then two miles east on 64th Avenue to Territorial Road the farm is located on both sides of Territorial Road and on the east side of 48th Street spanning from I-94 to Prospect Street. Property Description: There are three pivots fully irrigating 170.67 acres. Block W on FNC Website www.farmersnational.com/chs. For additional information, please contact: Neal Herr, AFM, Agent Camden, Indiana Office: (574) 859-2234 Cell: (765) 437-9468 NHerr@FarmersNational.com www.farmersnational.com/nealherr Serving America s Landowners Since 1929 www.farmersnational.com Troy Parsell, CGA, Agent Lapeer, Michigan Office: (810) 664-4182 Cell: (989) 673-0644 TParsell@FarmersNational.com www.farmersnational.com/troyparsell Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Forest Resource Management National Hunting Leases FNC Ag Stock
54th St 51st St 46th St 42nd St 48th St 52nd St 46 1/2 St 48th St 48th 45th St 44 1/2 St 46th St h St 44th St 40th St 39th St 38th St M 4 0 33rd St Summary Page 457.1+/- Total Acres Lawrence Township Van Buren County, Michigan Acres to be bid as irrigated acres include 17.2 acres with a 637.9 pivot, 16.3 acres with 618.4 pivot and 137.17 acres with 1,434.6 pivot. 85.15 acres has existing well with power located at the home site. There are 104 acres with existing pivots to be bid as dryland consisting of the following pivots: 1268.3 irrigating 65.2 acres, 627.4 irrigating 18.1 acres, 618.4 irrigating 20.16 acres power and well is not on CHS owned land. Tract 1 457.10± total acres 409.69± tillable acres Property Location Map 49th Ave 51st Ave 49th St 44th St 42nd St 39th St 52nd Ave Park Ave 51st Ave 35 1/2 St M 4 0 Bangor Rd S Paw Pa w St Blackman St Lawrence Red Arrow Hwy 56th Ave W Re d Arrow Hw y Teapot Dome 41st St W Re d Arrow Hw y 40th St 58th Ave E M ich igan A ve 64th Ave 38th St Hazen St 36 1/2 St Pine St Paw Paw E Berrien St 63rd A ve Territorial Rd Wood man Dr 94 N Park St 62nd Ave 64th Ave Paw Paw Rd 66th Ave 68th Ave 68th Ave Howard Dr Hill 70th Ave Dr Reeder Rd Lakeview Dr Ca rla Dr Eagle Lake Dr 41 1/2 St 70th Ave 67th Ave 53rd St Fritzburg Territorial Rd 78th Ave Delta Dr Stapleton Rd 75th Ave ST 51 82nd Ave 74th Ave 80th Ave Burgess Rd 78th Ave 82nd Ave 79th Ave 81st Ave 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.
Tract 1 457.10± Total Acres 409.69± Tillable Acres Lawrence Township Van Buren County, Michigan Parcel ID Numbers 80-13-026-008-10 80-13-026-011-10 80-13-026-001-10 80-13-025-002-15 80-13-024-017-00 80-13-024-030-01 80-13-024-008-00 Farm Data Cropland Timber Buildings Non-crop Total 409.69 acres 31.29 acres 2.59 acres 13.53 acres 457.10 acres FSA Information: (Part of F8982 and 8984 T1007, 10869, 10870 and 11480): Base Yield Corn 290.29 acres 141 bushels Soybeans 5.57 acres 34 bushels Taxes: $11,124.99 or $26.13 per acre Note: Three pivots fully irrigating 170.67 acres 1,712 sq ft three bedroom home with one car garage 1,200 sq ft shop, 1,950 sq ft barn, and 6,000 and 9,000 bushel bins. 22 Sec. 23 Sec. 24 W 10 12B 22C 10 52D 12C 3S 15W 22A 6B 20B. 27 Sec. 26 Sec. 25 6D 6D MAP NON IRR SYMBOL NAME LCC ACRES 6B Oshtemo sandy loam, 0 to 6 percent slopes IIIs 295.4 12B Spinks-Oshtemo complex, 0 to 6 percent slopes IIIs 119.6 Oshtemo sandy loam, 6 to 12 percent slopes IIIe 19.6 22C Kalamazoo loam, 6 to 12 percent slopes IIe 7.8 20B Spinks loamy sand, 0 to 6 percent slopes IIIs 4.8 6D Oshtemo-Coloma loamy sands, 12 to 18 percent slopes IVe 2.8 10 Aquents and Histosols, ponded VIw 2.3 22A Kalamazoo loam, 0 to 2 percent slopes IIs 1.8 W Water 1.6 52D Riddles sandy loam, 12 to 18 percent slopes IVe 1.3 12C Spinks-Oshtemo complex, 6 to 12 percent slopes IIIe 1.3 TOTAL 458.4 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.
Property for Sale by Bid L-1800153-35, Block W, Van Buren, Michigan Bid Procedure Written bids will be received at the office of, 411 W. Nepessing St, Lapeer, MI 48446, until 1:00 PM, on Wednesday, March 13, 2019. 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 for all bids. Seller will accept the bid if determines in its sole discretion to be in its best interest. Seller may reject any and all bids for any reason. 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 45 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 special warranty deed. Property Taxes Real estate taxes for 2018 payable in 2019 will be paid by the Seller. The 2019 real estate taxes will be prorated based on the same calculation as the crop lease revenue and settled at the closing. All future taxes will be the responsibility of the buyer(s). Crop Lease Revenue 2019 Crop Lease Revenue will be pro-rated via May 1 through October 31, 2019 time frame. Conditions This offering/sale is subject to all easements, covenants, and restrictions of record, leases, and any other agreements, if any. Bidder is responsible for conducting their own inspections (with approval from FNC agents), 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, but 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 buyer at buyer s expense. The buyer takes the property subject to any existing tenancy on the property, whether by written or oral lease. Buyer shall pay any recapture tax resulting from any action of the Buyer to rescind a Qualified Agricultural Property Exemption covering the Premises, or any portion thereof, if any, notwithstanding any provision of applicable law to the contrary. All mineral interest owned by the seller, if any, will be conveyed to the buyer(s). Buyer is expected to perform full due diligence in understanding and identifying any and all mineral rights and interests associated with this sale. Agency and its representatives are acting as Agents of the Seller. For more information, contact: Neal Herr, Broker/Agent Camden, IN nherr@farmersnational.com Troy Parsell, Broker/Agent Lapeer, MI tparsell@famersnational.com Office: (574) 859-2234 Office: (810) 664-4182 Mobile: (765) 437-9468 Mobile: (989) 673-0644 Fax: (810)664-4805
Bid Form Block W L-1800153-35, Van Buren County, Michigan I/we hereby offer the following amount(s) for the parcels listed below: Whole Farm: 457.1+/- Acres Bid amount $ Bid is total price bid, NOT a per acre bid. I acknowledge there will not be an oral bidding with this process. I agree to sign a purchase agreement and deposit 10% earnest money on the date of sale if I am the successful bidder. I acknowledge and agree that I understand the bidding process and procedures. Signature Date Print name Address City State ZIP code Telephone number Cell phone number Email Return no later than 1:00 PM (EDT), Wednesday, March 13, 2019, to: 411 W Nepessing Street Lapeer, MI 48446 Email: Lapeeroffice@farmersnational.com Telephone: (810) 569-5638 Fax: (810) 664-4805 Block W on FNC Website www.farmersnational.com/chs.