ONLINE LAND AUCTION: Henry County MO 120+- Acres / 1 Tract (MO74A)

ONLINE LAND AUCTION: Henry County MO 120+- Acres / 1 Tract

Bidding Closes Thursday, December 10, 2020 at 8:00 p.m. CST

Property Inspection: Sunday, November 29, 10 a.m. until 2 p.m. at the NE Corner of Property on NE 1300 Rd

Property Located along MO Rt 13 and NE 1300 Rd between Clinton and Warrensburg MO

Property Description

120+- acres located along MO Route 13 and NE 1300 Road between Clinton and Warrensburg MO.  FSA Cropland Acres is 87.01 acres.   Good soil types - predominately Deepwater, Coweta, Roseland and Hartwell Silt Loam soils. Some of the tillable ground has been terraced and tiled.  The remaining is timber with a couple of area’s that would make a wonderful home site(s).  No Buyer’s premium.  Possession upon completion of sale.  The 2019 real estate taxes were $1.69 per acre. Farm lease is available for the 2021 season.  Property will not be surveyed.

Addendum “A” Terms and Conditions

No Buyer's Premium

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

Sale is subject to the confirmation of the Sellers.

REAL ESTATE TAXES: $1.69 per acre and will be prorated to closing date

SHORT LEGAL: Part of Section 2, Township 43 North Range 26 West, Henry County Missouri.

SURVEY: Property will not be surveyed.

PROCEDURE: Property will sell as a whole with no divisions. Bidding is on a per acre basis.  The sale price will be determined by multiplying the winning bid by 120 acres.

MINERAL: Any mineral interests owned by the seller, if any, will transfer.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

SELLER’S EXPENSES: Seller agrees to pay: All costs and expenses for releasing any existing loans and/or recording releases thereof; one-half of the closing fee charged by closing agent; the cost of the title search and owner’s title insurance policy premium; the cost for the preparation of deed and if applicable, any IRS Certification Exemption Form by credit against the purchase price the Sellers obligation for real estate taxes as pro-rated to day of closing, any transfer taxes; the cost of recording any mortgage, deed of trust or lien releases as to the Property.

BUYER’S EXPENSES: Buyer agrees to pay: all expenses incident to any Buyer loan (including but not limited to, points, loan commitment fees, loan closing fees, preparation of note, mortgage, and other loan documents, recording fees, pre-payable interest, credit reports);  one-half of the closing fee charged by closing agent;  the cost of any copies of documents pertaining to restriction, easements, or conditions affecting the Property;  the cost of recording the deed from Seller to Buyer.

POSSESSION: Possession will be given at closing.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Marketing Information is from public and private sources.  All information is considered accurate, but not guaranteed and subject to buyer verification.  Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 10 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.  Sale is subject to the confirmation of the Sellers. Any announcements made prior to the close of bidding will take precedence over written material.

SELLER: Parker Family LLC

AUCTIONEER: Wayne Keller