AUCTION WAYNE COUNTY 40 ACRES

Online Auction 40 +/- total acres of timber that had select timber harvested in 2023 on 31.91 acres. The remaining 8.09 acres is in CRP through 2029. This tract now has an abundance of thick vegetation providing an extra source of food and great cover for wildlife. Across the road on the north side is 250 acres of reserved property owned by the state of Illinois where wildlife is protected.  Add to your existing hunting ground or bid on your first 40 and start receiving free landowners permits.  Tract #2 is another 40 acres of all timber that adjoins tract #1 and has a new 20 x 26’ cabin down a long driveway.  From Wayne City take CH15 to Sims turning south through Sims to 650 N, turn East, property is located approximately 2.4 miles on the south side of the road. From Fairfield take CH15 west to County Road to 1225E and turn south. Continue on 1225E for 1.5 miles, turn west onto 650N for approximately 1/2 mile. Property is on the south side of the road.     Preview Starts August 20th 2024  Auction Only Starts September 19th 2024 at 9:00 AM Auction Begins to Close September 21st 2024 at 3:00 PM Must register to bid at midwestfarmco.com   Auction consists of 40 +/- acres County Road 650N, Sims, IL 6286 Coordinates: 38.3481, -88.483 Pin Number  01-13-013-011 Sec 13 TWP 25 Rng6E NE SW & NW SE Arrington Township   For more details or to view this property call John Hutchens 618-214-7019 John.hutchens@midwestfarmco.com   Sale Terms & Conditions  -NO BUYER’S PREMIUM.  -SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.  – Reserve Auction (Online Only)   NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. Have your financing verified before you bid.  PROCEDURE: Bidding in $50 Increments. **SURVEY ** No Survey will be provided ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances. REAL ESTATE TAXES: Will be prorated to the day of sale. MINERAL: Any mineral rights owned, if any, will convey to buyer. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier’s check and received within 3 business days. Earnest check to be made to Midwest Farm & Land Company LLC. The balance of the contract purchase price is due at closing. TITLE: Sellers shall furnish the Buyer(s) at Seller’s expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller. CLOSING: Closing shall occur within 30-45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Possession will be given upon closing. AGENCY: Midwest Farm and Land Company LLC is the Agent and Representative of the Seller. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed by the owners or Midwest Farm and Land Company LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Midwest Farm & Land Company LLC pertaining to this property. Real estate is being sold “As Is, Where Is”. Listing Broker: John Hutchens     Cell: 618-214-7019 Email: john.hutchens@midwestfarmco.com Designated Managing Broker- Brandon Swartzlander 618-322-1675  email: brandon.swartzlander@midwestfarmco.com  Midwest Farm & Land Company LLC 231 N Main St. Breese, IL 62230 Office Phone: 618-532-1961