21482 Hwy. 811, Reed, KY 42451 - Henderson County

ABSOLUTE AUCTION

HENDERSON COUNTY, KENTUCKY

758 ACRES

SELLING IN FOUR TRACTS

WEDNESDAY, DECEMBER 12, 10:00 A.M.

PRIME CROPLAND

MOSTLY LEVEL, TILLABLE LAND

MANY SOILS OF HIGH NATURAL FERTILITY

OVER 600 ACRES ARE CONTIGUOUS

TWO CENTER-PIVOT SYSTEMS

SHOP BUILDING INCLUDED ON TRACT 2

AUCTION SITE

TRACT 2

21482 HWY. 811

REED, KY 42451

TRACT 1 - 153 +/- ACRES OF MOSTLY TILLABLE RIVER-BOTTOM LAND. THERE IS CURRENTLY OIL PRODUCTION ON THIS TRACT THAT PAYS ABOUT $1200 ANNUALLY TO THE LANDOWNER. THIS TRACT HAS FRONTAGE ON OHIO RIVER NO. 2 ROAD. PREDOMINANT SOIL TYPES ARE HUNTINGTON AND EGAM.

TRACT 2 - 294 +/- ACRES OF MOSTLY TILLABLE CROPLAND.

TRACT 3 - 250 +/- ACRES OF MOSTLY LEVEL CROPLAND WITH ONLY A SMALL PORTION OF WOODS.

TRACT 4 58 +/- ACRES OF MOSTLY LEVEL LAND, 52 ACRES OF WHICH ARE TILLABLE.

TERMS: 10% DOWN DAY OF AUCTION, BALANCE DUE IN 30 DAYS.

POSSESSION

WITH DEED, PLOWING RIGHTS GRANTED DAY OF AUCTION. POSSESSION OF HOME ON TRACT 3 IS SUBJECT TO THE TENANTS' RIGHTS. TENANTS ARE TO VACATE PROPERTY ON OR BEFORE JUNE 30, 2013.

PROPERTY TAXES

THE 2012 PROPERTY TAXES ARE PAID BY THE SELLER. THE 2013 PROPERTY TAXES WILL BE PAID BY THE BUYER.

FLOOD PLAIN

ACCORDING TO THE 1991 FEMA MAPS, ALL TRACTS ARE IN FLOOD ZONE AE.