28494 1500 East St, Walnut, IL 61376 - Bureau County

151.18 +/- ACRES

PRIME FARMLAND

BUREAU COUNTY, ILLINOIS

SATURDAY- AUGUST 20, 2016

10:00 A.M.

THE UNDERSIGNED WILL OFFER THE FOLLOWING TRACT AT PUBLIC AUCTION AT AT THE GREEN RIVER COUNTRY CLUB MILE EAST OF WALNUT - 15212 IL HWY 92 WALNUT, IL 61376 .

The farm is well located just mile Northeast of Walnut, Illinois bordering 1500 E St on the West Side and just mile North of State Route 92.

151.18 +/- Acres located in part of North Half of Section 10, Township 18 North Range 8 East Bureau County, Illinois. PPN: 03-10-100-004 & 03-10-200-001. 2015 Taxes payable 2016 were $3,508 but this included building site. Approximate tax per acre on farmland is $20 per acre. The PI is estimated at 120.7 using Optimum Crop Productivity Rating For Illinois Soils. Predominant Soils on the farm consist of La Rose Silt Loam, 145B2 Saybrook Sitl Loam, 622B2 Wyanet Silt Loam and 68A+ Sable Silt Loam. Tillable acres are estimated at 150.36 per FSA records. No buildings are included with the tract. The farm will be offered as a single tract.

SELLER:LORNA C. DURHAM ESTATE

BRUCE BIRKEY ATTORNEY FOR THE ESTATE

JOHN DURHAM - EXECUTOR

TERMS OF THE SALE

The farm will be sold on a dollar per acre basis based on surveyed acres. The successful bidder will be required to pay ten percent (10%) down the day of the auction and the balance will be due on or before December 1, 2016. Taxes for 2016 will be provided as a credit to the purchaser based on 2015 taxes. The farm is leased for the 2016 crop year and the Seller shall retain the income for 2016. Open tenancy for 2017. A title policy in the amount of the purchase price, subject to standard and usual exceptions, will be furnished to the buyer at closing. All announcements made day of sale take precedence over previous advertised or announced terms and/or conditions. Seller has the right to accept or reject any and all bids. Current survey will be provided. Fall tillage with be allowed following harvest with proper insurance coverage.