A-15051 and A-76856 LAND AUCTION 197+/- Acres, Knox County, Illinois Monday, March 27, 2017 • 1:00 PM Knox Agri-Center • 180 South Soangetaha Road • Galesburg, Illinois Highlight Features: • Bidders Choice • Open lease for 2017 • All tracts fertilized for 2017 • Productive Class A and Class B soils • All tracts surveyed prior to auction Property Location: • Tract 1: is located adjacent to the Village of Wataga, Illinois, at the intersection of US 34 and Knox Road 2200N. • Tracts 2 and 3: are located six miles east of Wataga, Illinois. Specifically, five miles east of Wataga on Route 167, then north one and a half miles on Knox Road 1400E to Coal Road. For additional information, please contact: John Kennedy, AFM, Agent Serving America’s Landowners Since 1929 www.FarmersNational.com Monmouth, Illinois Phone: (309) 337-9335 [email protected] www.FarmersNational.com/JohnKennedy Real Estate Sales • Auctions • Farm and Ranch Management • Appraisals • Insurance • Consultations Oil and Gas Management • Lake Management • Forest Resource Management • National Hunting Leases • FNC Ag Stock Legal Description: • Tract 1: Part NW1/4, Section 16, T12N-R2E (Sparta), Knox County, Illinois • Tract 2: Part S1/2 SW1/4, Section 4, T12N-R3E (Copley), Knox County, Illinois • Tract 3: Part S1/2 SW1/4 and W1/2 SE1/4, Section 4, T12N-R3E (Copley), Knox County, Illinois Taxes: • Tract 1: $1,347 or $36.80 per acre • Tract 2: $1,661 or $31.89 per acre (proration) • Tract 3: $2,570 or $31.89 per acre (proration) Farm Data: • Tract 1 Cropland Non-crop Total • Tract 2 Cropland Non-crop Total • Tract 3 Cropland Non-crop Total 36.80 acres Property Description: .39 acres • Tract 1: Highly productive Class A soils which lies 37.19 acres surveyed level to gently rolling, with a well-established waterway. The tract’s overall 138 PI consists of Ipava and 52.10 acres Osco loam soils. The tract has frontage on US 34 and 10.90 acres 2200N. This is a surveyed tract. 63.00 acres subject to pending survey • Tract 2: Productive Class A and Class B soils on a tract which varies from level to rolling, with well-estab80.59 acres lished waterways. The tract’s overall 130 PI consists Sec. 9 16.41 acres primarily of Osco, Ipava, and Lawson silt loam soils. 2200 N Knox Road 97.00 acres subject to pending survey The tract has frontage on both 1400E and 2300N. The tract is bounded on the east by a creek. 86B on FSA Information: • Tract 3: Productive Class A and Class B soils 1267 Base Yield a tract which varies from level to sloping. Features Corn 18.3 acres 185 bushels include recently installed drainage tile improvements Soybeans 18.3 acres 54 bushels and creek crossing for access to the north 21.55 crop 1126 Base Yield field. The tract’s overall 124 PI includes variable soils, 86C2 Corn 104.6 acres 155 bushels with predominately Osco, Ipava, and Lawson silt loam Soybeans 9.8 acres 47 bushels classifications. The tract has frontage on 2300N. The 86B2 Wheat 21.7 acres 47 bushels tract is bounded on the west by a creek. 86B Tract ** Tract 1 has been surveyed. Surveys are pending on1 Tract 2 and Tract 3, with final acres presented at auc12N 2E tion. Sec. 9 Tract 1 Soil Map Tract 1 Aerial Photo Sec. 9 Knox Road 2200 N Sec. 16 Knox Road 2200 N 43A 86B 86C2 £ ¤ 34 86B2 Tract 1 12N 2E 12N 2E W Nation St E Nation St W Prairie St Prairie St N De pot Rd MAP LCC SYMBOL Ipava silt loam, 0 to 2 percent slopes 43A 86B Osco silt loam, 2 to 5 percent slopes 86B2 A-15051 / A-76856 86B2 Osco silt loam, 2 to 5 percent slopes, eroded Marilyn B. Johnson Declaration of Living Trust Knox County, Illinois 86C2 Osco silt loam, 5 to 10 percent slopes, eroded TOTAL Iw 86B po INDEX NAME t R d Nation St po De NON IRR PRODUCTIVITY CORN BEANS YIELD LCCYIELDINDEXACRES YIELD Ipava silt loam, 0 to 2 percent slopes 142 191 Osco silt loam, 2 to 5 percent slopes IIe Osco silt loam, 5 to140 189 10 percent slopes, eroded 86C2 TOTAL IIe IIIe 167 S T E Nation St NON IRR PRODUCTIVITY CORN BEANS 43A Latitude: 41.0319°N Longitude: -90.2802°W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS Boundaries Are Approximate De W Nation St N ot N D ep NAME 34 Arnold St Rd Nation St Arnold St N Franklin St MAP 167 S T N Simmons St W Nation St E Nation St £ ¤ N 34 167 T S N Sparta St N Sparta St £ ¤ Nation St Arnold St Sec. 16 43A t R d Sec. 16 SYMBOL 86B N Sparta St Tract 1 Osco silt loam, 2 to 5 percent slopes, eroded 134 181 Iw IIe IIe IIIe 62 142 59 134 57 140 131 138.4 A-15051 / A-76856 Marilyn B. Johnson Declaration of Living Trust Knox County, Illinois 131 138.4 A-15051 / A-76856 Marilyn B. Johnson Declaration of Living Trust 178 186.8 56 59.4 YIELD ACRES 191 15.3 189 62 15.3 59 10.7 10.7 178 57 7.0 56 59.4 5.3 38.3 181 186.8 7.0 Latitude: 41.0319°N Longitude: -90.2802°W Imagery Source: USDA NAIP 5.3 Soil Data Source: USDA NRCS Boundaries Are Approximate 38.3 Latitude: 41.0319°N Longitude: -90.2802°W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS 86C2 Tract 2 43A Tract 2 Aerial Photo 43A 86B 12N 3E Tract 3 8D2 86C2 Knox Road 1400 E Knox Road 1400 E 12N 3E Sec. 4 Tract 2 Soil Map 3074A Tract 3 3451A Sec. 4 Sec. 5 Coal Rd Tract 2 86C2 12N 3E Tract 2 43A Sec. 9 Sec. 8 43A 3074A 86B Coal Rd Coal Rd Sec. 9 Sec. 8 MAP NON IRR PRODUCTIVITY CORN BEANS SYMBOL LCC INDEX 86B Osco silt loam, 2 to 5 percent slopes IIe 140 189 59 43A Ipava silt loam, 0 to 2 percent slopes Iw 142 191 62 NAME Sec. 9 IIIe NAME131 178 56 108 36 IIIw 136slopes, eroded 186 Osco silt loam, 5 to 10 percent 58 86C2 MAP Osco silt loam, 5 to 10 percent slopes, eroded SYMBOL 8D2 86B Hickory silt loam, 10 to 18 percent slopes, eroded 3074A Radford silt loam, 0 to 2 percent slopes, frequently86C2 flooded 3451A TOTAL Tract 3 8D2 86C2 Osco silt loam, 2 to 5 percent slopes IIIe 43A 8D2 82 Ipava silt loam, 0 to 2 percent slopes IIIw Radford silt loam, 0 to 2 percent slopes, frequently flooded 3451A TOTAL A-15051 / A-76856 Marilyn B. Johnson Declaration of Living Trust A-15051 / A-76856 Knox County, Illinois Marilyn B. Johnson86B Declaration 19.4 NON IRR PRODUCTIVITY CORN BEANS 140 190 61 Latitude: 129.8slopes, frequently 174.9 flooded 55.8 Lawson silt loam, cool mesic,41.0521°N 0 to 2 percent 3074A ACRES 19.6 Hickory silt loam, 10 to 18 percent slopes, eroded Lawson silt loam, cool mesic, 0 to 2 percent slopes, frequently flooded County, Illinois Tract 3 AerialKnox Photo YIELD YIELD LCC 10.3 INDEX IIe Iw 10.0 2.0 59 19.6 142 191 62 19.4 131 178 56 10.3 IIIe 82 108 36 10.0 IIIw 136 186 58 2.0 140 129.8 190 174.9 61 55.8 1.5 62.7 IIIe 1.5 IIIw62.7 Knox County, Illinois Soil Data Source: USDA NRCS Boundaries Tract 3 Soil Map Are Approximate 86B 3451A 279C2 ACRES 189 Longitude: -90.1673°W Latitude: Imagery Source: USDA NAIP 41.0504°N Soil A-15051 Data Source: USDA NRCS -90.1708°W Longitude: / A-76856 Marilyn B. Johnson Declaration of Living Boundaries Are Approximate Imagery Source: USDATrust NAIP of279B Living Trust 279C2 YIELD YIELD 140 Latitude: 41.0504°N Longitude: -90.1708°W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS Boundaries Are Approximate 279B 3451A Sec. 4 7D3 Tract 3 12N 3E Sec. 4 12N 3E Tract 2 8D2 7D3 Tract 3 12N 3E 3451A Tract 2 3074A Tract 2 Sec. 4 86C2 Tract 33451A 86C2 86B 8D2 86B 43A 86B 3074A Coal Rd 43A 86B Rd 9 Coal Sec. Coal Rd Sec. 9 MAP SYMBOL 86B 3451A Sec. 9 NON IRR PRODUCTIVITY CORN BEANS NAME MAP Osco silt loam, 2 to 5 percent slopes SYMBOL LCC INDEX IIe 140 NAME Lawson silt loam, cool mesic, 0 to 2 percent slopes, frequently flooded IIIw2 to 5 percent 140slopes 86B Osco silt loam, YIELD YIELD 189 59 190 61 86C2 Osco silt loam, 5 to 10 percent slopes,Lawson erodedsilt loam, cool mesic,IIIe 178 flooded 56 3451A 0 to 2 percent131 slopes, frequently Latitude: 41.0521°N A-15051 /279C2 A-76856 -90.1637°W Rozetta silt loam, 5 to 10Longitude: percent slopes, eroded Osco silt loam, 5 IIIe 153 47 to 10 percent 112 slopes, eroded Imagery86C2 Source: USDA NAIP Marilyn B. Johnson Declaration of Living Trust Data Source: USDA NRCS Rozetta silt loam, 5 279C2 to 10 percent82 slopes, eroded 8D2 Illinois Hickory silt loam, 10 to 18Soil percent slopes, eroded IIIe 108 36 Knox County, Boundaries Are Approximate 8D2 slopes Hickory silt loam, 10Iwto 18 percent slopes, eroded 43A Ipava silt loam, 0 to 2 percent 142 191 62 7D3 Ipava silt loam, Atlas silty clay loam, 10 to 18 percent43A slopes, severely eroded VIe0 to 2 percent 62 slopes ACRES NON IRR PRODUCTIVITY CORN BEANS 23.5 LCC 18.2 IIe 17.8 IIIw Radford silt loam, 0 to 2 percent slopes, frequently flooded 279B TOTAL Rozetta silt loam, 2 to 5 percent slopes 23.5 140 190 61 18.2 131 178 56 17.8 153 47 10.6 82 108 36 10.5 142 191 62 9.5 VIe 62 81 28 6.0 IIIw 136 186 58 1.2 119 124.3 162 167.9 50 53.4 0.9 98.2 IIIe 9.5 3074A Radford silt loam, 0 to 2 percent slopes, frequently flooded IIIw 136 186 58 1.2 279B TOTAL Rozetta silt loam, 2 to 5 percent slopes IIe 119 124.3 162 167.9 50 53.4 0.9 IIe 98.2 Latitude: 41.0521°N 59 112 Iw 6.0 3074A ACRES 189 10.6 IIIe 28 Atlas silty clay loam, 10 to 18 percent slopes, severely eroded YIELD YIELD 140 IIIe 10.5 81 7D3 INDEX A-15051 / A-76856 A-15051 / A-76856 Longitude: -90.1637°W Source:of USDA NAIP Johnson Imagery Declaration Living Trust Marilyn B. Johnson Declaration ofMarilyn LivingB. Trust Soil Data Source: USDA NRCS Knox County, Illinois Knox County, Illinois Latitude: 41.0521°N Longitude: -90.1637°W Imagery Source: USDA NAIP Soil Data Source: USDA NRCS Boundaries Are Approximate AUCTION TERMS Minerals: All of the seller’s mineral rights, if any, will be conveyed to the Buyer(s). Approval of Bids: Final sale is subject to the Seller’s approval or rejection. Taxes: Real Estate taxes for 2016 payable in 2017 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s). Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All tracts will be surveyed with final acres presented prior to and at auction. Actual crop and non-crop acreages are presented “more or less”. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company. Possession: Possession will be granted at closing on April 27, 2017 or such other date agreed to by the parties. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cashier’s check, personal check, or company check. All funds will be deposited and held by Stoerzbach Law Office Trust Account. Seller(s): Marilyn B. Johnson Declaration of Trust Seller Attorney: Daniel B. Stoerzbach Stoerzbach Law Office PC 2101 Windish Drive, Galesburg IL 61401 (309) 343-5010 Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Stoerzbach Law Office Trust Account the required earnest payment. The Seller will provide an owner’s policy of title insurance in the amount of the contract price. The cost of title insurance will be paid by the Seller. The cost of the escrow closing services will be shared by Buyer(s) and Seller. Sale is not contingent upon Buyer(s) financing. Auctioneer: Norm Willoughby License #440000001 G d 12 Knox Highway 12 1450 E R Knox Road 1350 E Knox Road 1240 E y Knox Road 2500 N e w Ln Knox Road 1240 E Knox Road 1400 E Knox Road 1450 E Foxtow n Pl Knox Road 2400 N T2 T3 St at e Rou te 1 67 Knox Road 1350 E Foxtown Rd Knox Road 1200 E Knox Road 1150 E Knox Road 1150 E N Wataga St Foxtown Rd Knox Road 1000 E er i 34 le E D a y t on St vi Holmes Rd T im b Knox Road 1050 E d R ot ep D S Rd H ay at Rova Dr 167 T S 2150 N S w gh R Oneida 34 E Willard St ew 35 £ ¤ Knox Highwa y 36 Victoria St Wataga G E On ta ri o St S Joy St Knox Road 1125 E 36 Sale Method: The tracts will be offered by the G Bidder’s Choice method. The highest bidder will have the opportunity to select any individual tract, any combination of tracts, or all 3 tracts. Knox Road 2350 N Any tracts not selected by the successful bidder will be offered by the same method until all tracts are sold. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and the Seller. All decisions of the Auctioneer are final. T1 U Property Location Map S Center St Kno x Hwy 35 Sl Kno x Hwy 3 Knox Road 2600 N Knox Road 1000 E Knox Road 800 E Survey: Tract 1 has been surveyed. Tract 2 and Tract 3 have surveys pending, with final sales acreages available prior to date of auction. Knox Road 900 E Knox Hwy 2 Closing: The sale closing is on April 27, 2017 or such other date agreed to by the parties. The balance of the purchase price will be payable at closing by wire transfer at the discretion of Farmers National Company. K k n ox Road 2100 N Coal Rd
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