AUCTION INFORMATION, BROCHURE CLICK HERE
LEGAL DESCRIPTION: The West Half (W 1/2) of the Southwest Quarter (SW 1/4) of Section Thirteen (13) in Township Twenty-three (23) North, Range Nine (9) East of Third Principal Meridian, excepting therefrom, beginning on the West line of said Southwest Quarter (SW 1/4) a distance of 445.0 feet South of the Northwest Corner of said Southwest Quarter (SW 1/4); thence South 345.0 feet on said West line; thence Easterly 842.0 feet at right angles; thence North 345 feet parallel with said West line; and thence Westerly 842 feet to the point of beginning, situated in the County of Ford and State of Illinois. – Parcel 11-13-13-300-006
And
The West Half (W1/2) of the East Half (E1/2) of the Southwest Quarter (SW1/4) of Section Thirteen (13), Township Twenty Three (23) North, Range Nine (9) East of the Third Principal Meridan, Ford County, Illinois – 11-13-13-300-002
LAND LOCATION: Farm located just West of Paxton Airport, South of Route 9. Address is 342 N. 1700 E. Road, Paxton, IL 60957
IMPROVEMENTS: None
TAXES: 2020 Taxes Totaled $2510.02
Auction Date Monday, April 26th, 2021 at 10:00 a.m.
Auction Location Pueblo Lindo Event Center- 615 N. Railroad Ave, Paxton, IL 60957
Auction Inquires: Jim 217.202.9919 or Ed 217.621.7126
Auction Terms
10% down on Auction day, balance payable on or before May 26th, 2021. 2020 taxes payable in 2021 will be paid by the sellers, all taxes thereafter will be paid by the buyer. Possession will be given, free of tenants rights on day of formal closing. Sale held subject to the approval of sellers. Announcements Sale Day will take precedence over any printed material. POSSESSION: Seller shall deliver possession of the Premises to Buyer concurrently with the closing, subject to the 2021 cash rent farm lease of. Said lease provides for total rent payments for the year of $20,905. Seller shall assign said lease to Buyer without recourse at closing. The lease provides for the remaining 50% to be paid in November 2021. At closing Buyer shall complete a W-9 for purposes of facilitating the proper reporting of the cash rent to the IRS.
Smith Family Land Trust, Sellers
Bill Scott, Attorney
