LAND AUCTION 468.66+/- Acres Dekalb County, Illinois Tuesday, March 12 10:00 AM Hopkins Park Community Center Terrace Room 1403 Sycamore Road Dekalb, Illinois Highlights: Offered in five tracts, one through four as individuals or any combination, or as a total unit. five offered as an individual tract only. Lease free for 2019 Highly tillable, productive Class A and B soils Mile and a half of frontage on Barber Green Road, mile of frontage on Airport Road A-12979 Property Location: From the intersection of Peace Road and Barber Greene Road, travel east two miles and the farm is on the south side of the road. Or from the intersection of Illinois Route 64 and Airport Road travel south 2.4 miles to the intersection of Airport and Barber Greene Roads. The farm lays on three corners of that intersection. Legal Description: Contact agent for more information. For additional information, please contact: Serving America s Landowners Since 1929 www.farmersnational.com Roy Bracey, AFM, Agent Chenoa, Illinois Office: (815) 945-7722 Cell: (309) 212-0014 RBracey@FarmersNational.com www.farmersnational.com/roybracey Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Forest Resource Management National Hunting Leases FNC Ag Stock
Property Information Property Description: 468.66 +/- acres offered in five tracts located southeast of Sycamore, Illinois. The farm is comprised of 382.68 tillable acres, plus 6.6 acres of CRP. The farmland is lease free for the 2019 season. s 1-3 are highly tillable and comprised of Class A and B soils with PIs from 126-132. 4 is highly tillable with PI of 129. It has sand, gravel, and dolomite deposits as indicated by 1986 borings. Also 6.6 acres CRP. 5 Exceptional recreational tract, 35 plus acres wooded comprised primarily of oak timber, 15 +/- acres water, and 20 plus acres tillable. Potential for building site. FSA Information (combined): Base Yield Corn 277.97 acres 141 bushels Soybeans 106.93 acres 41 bushels CRP: 5 has 6.6 acres under contract, due to expire September 2028. Annual payment of $300 per acre. Taxes: and 2: $5,194.16 or $28.16 per acre : $1,593.34 or $33.50 per acre 4: $3,821.11 or $25.97 per acre 5: $872.52 or $9.89 per acre Farm Data: 4 CRP 5 Water Timber 79.24 acres 2.19 acres 81.43 acres 97.25 acres 5.75 acres 103.00 acres 45.60 acres 1.96 acres 47.56 acres 139.89 acres 6.60 acres 1.98 acres 148.47 acres 20.70 acres 15.00 acres 37.00 acres 15.50 acres 88.20 acres Aerial Photo Soil Map 219A Tra Fenstermaker Rd Virgil silt loam, 0 to 2 percent slopes IIw 132 182 56 23.9 Barony silt loam, 2 to 5 percent slopes IIe 124 170 52 19.9 Drummer silty clay loam, 0 to 2 percent slopes IIw 144 195 63 18.7 Kaneville silt loam, 0 to 2 percent slopes Iw 128 178 55 9.8 219A Millbrook silt loam, 0 to 2 percent slopes IIw 129 177 55 7.1 Barony silt loam, 5 to 10 percent slopes, eroded IIIe 116 160 49 1.1 131.9 180.8 56.3 80.6
Airport Rd Aerial Photo Trac Soil Map 348B Sec. 15 Airport Rd 656C2 325B 318D2 Barony silt loam, 5 to 10 percent slopes, eroded IIIe 116 160 49 23.7 Virgil silt loam, 0 to 2 percent slopes IIw 132 182 56 17.7 Kaneville silt loam, 2 to 5 percent slopes IIe 127 176 54 17.4 Drummer silty clay loam, 0 to 2 percent slopes IIw 144 195 63 14.4 Kaneville silt loam, 0 to 2 percent slopes Iw 128 178 55 13.8 Barony silt loam, 2 to 5 percent slopes IIe 124 170 52 6.5 348B Wingate silt loam, cool mesic, 2 to 5 percent slopes IIe 120 163 51 3.9 656C2 Octagon silt loam, 4 to 6 percent slopes, eroded IIe 112 151 49 1.8 318D2 Lorenzo loam, 6 to 12 percent slopes, eroded IVe 95 129 42 1.2 325B Dresden silt loam, 2 to 4 percent slopes IIe 115 156 50 1.0 126.6 174.2 54.1 101.5 Aerial Photo Soil Map Sec. 9 Sec. 10 325C2 348B Sec. 15 Drummer silty clay loam, 0 to 2 percent slopes IIw 144 195 63 16.7 Kaneville silt loam, 2 to 5 percent slopes IIe 127 176 54 13.6 325C2 Dresden silt loam, 4 to 6 percent slopes, eroded IIe 110 150 48 6.2 348B Wingate silt loam, cool mesic, 2 to 5 percent slopes IIe 120 163 51 4.2 Barony silt loam, 2 to 5 percent slopes IIe 124 170 52 4.0 Barony silt loam, 5 to 10 percent slopes, eroded IIIe 116 160 49 0.9 129.8 177.4 55.9 45.6
4 Aerial Photo 4 Soil Map 198A 219A Sec. 10 4 4 3076A 219A 348B 318D2 Barony silt loam, 2 to 5 percent slopes IIe 124 170 52 41.6 3076A Otter silt loam, 0 to 2 percent slopes, frequently flooded IIIw 139 186 61 36.0 219A Millbrook silt loam, 0 to 2 percent slopes IIw 129 177 55 19.0 Kaneville silt loam, 0 to 2 percent slopes Iw 128 178 55 14.9 Drummer silty clay loam, 0 to 2 percent slopes IIw 144 195 63 13.3 348B Wingate silt loam, cool mesic, 2 to 5 percent slopes IIe 120 163 51 10.7 Barony silt loam, 5 to 10 percent slopes, eroded IIIe 116 160 49 9.4 318D2 Lorenzo loam, 6 to 12 percent slopes, eroded IVe 95 129 42 2.1 198A Elburn silt loam, 0 to 2 percent slopes Iw 143 197 61 1.5 Kaneville silt loam, 2 to 5 percent slopes IIe 127 176 54 1.1 Virgil silt loam, 0 to 2 percent slopes IIw 132 182 56 0.8 129.4 176.4 55.5 150.5 5 Aerial Photo 5 Soil Map 3076A 802B Sec. 10 Sec. 11 OUT Out 668B 4 4 193B 5 5 W 802B 193B 3076A W 3076A Sec. 15 Sec. 14 668B Somonauk silt loam, 2 to 5 percent slopes IIe 116 161 49 25.5 Virgil silt loam, 0 to 2 percent slopes IIw 132 182 56 18.3 W Water VIIIw --- --- --- 16.9 Drummer silty clay loam, 0 to 2 percent slopes IIw 144 195 63 10.2 802B Orthents, loamy, undulating IIe --- --- --- 8.7 193B Mayville silt loam, 2 to 5 percent slopes IIe 109 148 49 5.6 3076A Otter silt loam, 0 to 2 percent slopes, frequently flooded IIIw 139 186 61 1.2 88.2 121.2 37.8 86.3
Peace R Dek alb Ave Aberdeen Ct e Rd Dek alb Ave Pleasa 23 Foxpointe Betha ny Rd Rd S Peace Dr Krpan Dr Fair S 23 S Prai r ie Dr S Cross St N Loves Rd Sycamore Maness Ct Park Ave Somona uk St Somona uk Rd monauk R d Wild St Brower Pl S Locust St Property Location Map ange St E Elm St Parkside Dr E Becker Pl 64 nstermaker Rd Jim Dr Ali Dr Bethany Rd Airport Quigley Rd Old State Rd E Sta te St Lovell Rd n R d Sec. 9 Sec. 10 Sec. 11 OUT Airport Rd 4 5 Fenstermaker Rd Sec. 15 Sec. 14
Auction Terms Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes for 2018 payable in 2019 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s). Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company. Possession: Possession will be granted at closing on April 12, 2019, or such other date agreed to by the parties. Lease free for 2019. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The earnest payment will be made in the form of wire transfer. All funds will be deposited and held by American Title Guaranty Inc., Sycamore, Illinois, in their trust account. Contract and Title: Immediately upon conclusion of the auction the high bidder enter into a real estate contract and will deposit with American Title Guaranty, Inc., Sycamore, Illinois, the request earnest payment. The Seller will provide an owner s policy of title insurance in the amount of the contract price. The cost of the title insurance will be paid by the Seller. The cost of any escrow closing services will be paid equally by both the Buyer and Seller. Sale is not contingent upon Buyer(s) financing. Survey: At the Seller s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller will pay the survey cost. Final contract prices will be adjusted to reflect any difference between the advertised and actual surveyed acres. only as an individual tract and will not be included in combination with the other four tracts. Bids on the tracts, combinations, and the total unit will compete. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final. Approval of Bids: Final sale is subject to the Seller s approval or rejection. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person s credentials or fitness to bid. Seller(s): Westlake Farms LLC Auctioneer: Tucker Wood Note: Seller will retain the 2018 crop income and the 2018 government payments. Closing: The sale closing is on April 12, 2019, or such other date agreed to by the parties. The balance of the purchase price will be paid by wire transfer. Sale Method: The real estate will be offered as five tracts, tract one through four as individual, any combination, or as a total unit. five will be offered