Block Z L-1800153-38 SEALED BID SALE 284.1+/- Acres Van Buren County, Michigan SEALED BID DEADLINE: Wednesday, March 13 by 1:00 PM EDT Contact Agents for Additional Details! Property Location: Travel one mile west on M51 out of Decatur and the farm is located on the south side of the road. Property Description: There is irrigation on the farm however will be bid as dry land. The irrigation consists of the following: 1459.6 Valley covering 86.3 acres, 636.4 Valley covering 34.0 acres that are not owned by CHS. There is buried pipe and wire on the 120.3 acres. Block Z 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
th St 52nd St 51st St 50th St Ball Rd 52nd St 50th St 48th St 47 1/2 St 47th St 46th St 46th St ond Rd 44 1/2 St 42 1/2 St 44th St 42nd St 40th St 39th St 3850th 38th St 36th St Walker St 32nd St 31st St M 4 0 Summary Page 284.1+/- Total Acres Hamilton Township Van Buren County, Michigan Tract 1 284.10± total acres 193.57± tillable acres Property Location Map 63rd Ave T 64th Ave 94 62nd Ave 38th St 64th Ave M 4 0 Lakeview Dr Paw Paw Rd 66th Ave 66th Ave Howard Dr Carla Dr 8th Ave 68th Ave Hill 70th Ave Dr Eagle Lake Dr 70th Ave Ewing Rd N Mai n St Lawton 53rd St Fritzburg T erritorial Rd Stapleton Rd 75th Ave 74th Ave 80th Ave 79th Ave 81st Ave 33rd St 82nd Ave Burgess Rd82nd Ave 32nd St ST 40 84th Ave 86th Ave Clark St N Phel ps St S East St Decatur85th Ave 54 ST 51 45th St 41st St 88th Ave Atwood 92nd Ave 92nd Ave D ec atur Old Swamp Rd 31st St 93rd Ave 94th Ave Roth Rd Valley Rd 42nd St Brewer St 40th St Wickett Van Buren St 96th Ave Red Run 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 1 284.1± Total Acres 193.57± Tillable Acres Hamilton Township Van Buren County, Michigan Parcel ID Numbers 80-10-0-001-20 80-10-0-008-21 Farm Data Cropland Timber Non-crop Total 193.57 acres 89.71 acres.82 acres 284.10 acres FSA Information: (F6956 and 7612 T11477 and 9914): Base Yield Corn 89.0 acres 146 bushels Corn 9.2 acres 98 bushels Soybeans 5.8 acres 20 bushels Soybeans.1 acres 41 bushels Taxes: $6,804. or $32.02 per acre Note: This farm is to be bid as dry land but consideration should be given to the buried pipe and wire on 120.3 acres. The 1,459.6 Valley pivot covering 86.3 acres and the 636.4 Valley pivot covering 34 acres are not owned by CHS. 39A 24A 4S 15W Sec. 37A 24A. Sec. 6B 6B MAP NON IRR SYMBOL NAME LCC ACRES 24A Bronson sandy loam, 0 to 3 percent slopes IIs 90.3 Gilford sandy loam, 0 to 1 percent slopes IIw 63.1 Adrian muck, 0 to 1 percent slopes Vw 55.4 37A Thetford loamy sand, 0 to 2 percent slopes IIIw 39.7 6B Oshtemo sandy loam, 0 to 6 percent slopes IIIs.5 Oshtemo sandy loam, 6 to 12 percent slopes IIIe 6.1 39A Matherton loam, 0 to 2 percent slopes IIw 1.8 TOTAL 283.9 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-1800153-38, Block Z, 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, Marc 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
Bid Form Block Z L-1800153-38, Van Buren County, Michigan I/we hereby offer the following amount(s) for the parcels listed below: Whole Farm: 284. +/- 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 Z on FNC Website www.farmersnational.com/chs.