REAL ESTATE AUCTION

80 acres +/- in Edgar County, IL

Friday, January 6, 2006 – 10 AM CST

Auction location: The Community Center/Village Hall in Hume, IL

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Property location: South of Metcalf, IL, at intersection of US Hwy. 36 & CR 850E, travel south .7 mile on CR 850E, property on the east side of the road.

Legal Description: The southwest ¼ of the southeast ¼ of Sec.1, and the northwest ¼ of the northeast ¼ of Sec.12, TWN 15N, R 13W of the 2nd P.M. Shiloh Township, Edgar County, IL containing 80 acres more or less.

FSA Information: 78.54 acres tillable classified NHEL, 39.2 acres corn base, 33.2 acres soybean base, direct yields-126 bushels for corn and 38 bushels for soybeans, counter cyclical yields-147 bushels for corn and 46 bushels for soybeans.

Soil Associations: 100% Drummer Silty Clay Loam, considered class A soil with a 0-2% slope.

Real Estate Taxes: The real estate taxes due in 2006 will be deducted from the selling price based on the taxes paid in 2005. Real estate taxes paid in 2005 were $1,583.74. Buyer will assume real estate taxes payable thereafter.

Tenant Rights: The tenant’s rights are open for the 2006 crop year.

Title: Seller will offer title insurance on the property being offered in the auction.

Mineral Rights: Buyer will receive mineral rights owned by seller.

Legal Questions: Legal questions may be directed to attorney Peter Dole of Dole Law Offices in Paris, IL (217)-465-7666 or attorney Jack Asher of Asher Smith & Isaf in Paris, IL (217)-465-6444.

Terms: 10% down payment on the day of the auction with balance due in 30 days at the closing with delivery of deed. Property is being sold subject to any easements or right of ways of public record. Buyer will receive full possession at the time of closing. Buyer should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it.

Agency: Moss Auction Team and their staff are exclusive agents for the Seller.

Auction Company Note: Announcements on Sale day take precedence over printed material.

Disclaimer: The property is being sold on an “as is, where is” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential buyer is responsible for conducting his or her own independent inspections, investigations and inquiries concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction procedure, conduct, and bid increments are at the direction and discretion of the Auctioneer. The Seller and the Auctioneer reserve the right to preclude any persons from bidding if there is any question as to the person’s credentials, fitness, etc. Auctioneer has final decision on all matters pertaining to this auction.

Seller: Robert L. Dodd Heirs

Moss Auction Team, LLC

PARIS, IL 217-465-4500

Larry Moss IL lic.#040000147 Matt Moss IL lic.#040000148

The Moss Auction Team is a full service professional Auction Company  owned and operated by Larry and Matthew Moss  in Paris, Illinois. 

Together we conduct auctions of various types in an ethical and honest manner with the use of both traditional and new innovative ideas for auctions. 

We are determined to use the auction method of marketing to bring both sellers and buyers together to reach fair market value of the property or goods being sold.