Procedures: This property will be oered in two tracts. All bidding will be on a dollars per acre basis and subject to Seller’s acceptance. Down Payment: 10% down payment per tract due on the day of the auction, upon signing a contract to purchase. The down payment can be paid in cash or by personal check, corporate check, or cashier’s check. Financing: Keep in mind that YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be certain that you have arranged nancing if you need it and are capable of paying cash on the day of the auction and at closing. Closing: Closing will take place at Madison County Title, 120 N Main St, Edwardsville, IL, on or before May 31st, 2021, or as soon thereafter as acceptable closing documents are completed. Possession: Possession of the land will be given upon closing. Note - This land is being sold subject to tenants rights. Taxes: The Seller shall credit the Buyer(s) at closing for the 2020 taxes payable in 2021, based on the most recent ascertainable tax gures. All subsequent years shall be the responsibility of the Buyer(s) Income/Expenses: The Buyer(s) will receive the Seller’s share of income attributable to the 2021 crop year and will pay all expenses for the same. Acceptance of Bid Prices: The successful bidder(s) will sign a contract to purchase immediately following the close of bidding at the auction. The nal bid is subject to approval by the Seller, and Seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Title: Seller will furnish the successful bidder(s) an Owner’s Policy of Title Insurance in the amount of purchase price and will execute a recordable Trustee’s Deed or Warranty Deed providing merchantable title conveying the real estate to the Buyer(s). Mineral Rights: All mineral rights (if any) owned by the Seller will be transferred to the Buyer(s) at closing. Easements and Leases: Sale of said property is subject to any and all easements and leases of record. Disclaimer and Absence of Warranties: The property is being sold on an “AS IS, WHERE IS, WITH ALL FAULTS” basis, and no warranty or representation, either the Seller or the Auction company. The information contained in this brochure is believed to be accurate but is subject to verication by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the Auction Company. Each bidder is responsible for conducting its own independent inspections, investigations, and all due diligence concerning the property and the auction and do so at their own risk. Neither the Seller nor the Auction Company are warranting and specic zoning classication, location of utilities, assurance of building permits, driveway permits or water or septic permits; nor warranting or representing as to tness for a particularuse access, water quantity or quality, or physical or environmental condition. Diagrams and dimensions in this brochure are approximate. All acres are estimates. All information contained in this brochure and any related materials are subject to the terms and conditions of sale outlined in the purchase contract. Auction conduct and bidding increments are at the sole direction and discretion of the auctioneer. All decisions of the auctioneer are nal. The seller and the Auction Company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, tness, intent, etc.