Terms
Terms of the Auction:
The auction will be conducted on November 17, 2009 at the Knights of Columbus Hall located at 11198 IL Rt. 185 in Hillsboro, IL 62049 using the Multi-Parcel method of bidding. Simply explained this will allow you to bid on any tract or combination of tracts you wish to purchase at anytime in the auction. Each tract will be offered individually and then bidders will be allowed to create any combination of the tracts they desire.
Buyers will be required to enter into a Real Estate Purchase Contract and deposit the specified amount of Earnest Money, per tract, the day of the auction with balance due at closing. Contract price will include the final bid price plus a 4% buyer's premium.
All ground that is currently in the CRP program must be kept in the program until the current contract expires. Anyone who removes the ground from the CRP program prior to the expiration of the contract will pay the penalty amount for removal. Kilton Farms, Inc. will not be responsible for any penalties due for removing ground early from the CRP program.
All acreage listed online and in the catalog is from the preliminary survey. All tracts will be subject to a final survey that will be conducted after harvest is complete. All purchase prices will be based on the acreage amounts from the final survey.
All real estate taxes from 2009 due in 2010 will be paid by Kilton Farms, Inc.
All closings will be held within 30 days of November 17, 2009. The closings will be handled by Beavers & Graham Attorneys at Law located at 221 West Main Cross in Taylorville, IL 62568. All titles are guaranteed full and clear. James O. Beavers is the attorney handling the estate.
Property is sold as-is with all faults, imperfections, attributes and errors of description. All information is presented in good faith but the auctioneer nor the seller does not warrant or represent that the information provided is complete or accurate. All inspections, due diligence and determinations are the sole responsibility of the buyer. All announcements made sale day take precedence over prior advertising either written or oral. The information in the brochure and on the website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property.
If financing is required, please have it pre-approved. The sale of the real estate is not contingent upon financing. For an appointment to inspect the property or for assistance, please contact Aumann Auctions, Inc. at 888-282-8648.
Kilton Farms Land Auction 3000+/- Acres
Nov 17, 2009
10:00AM Central
K of C Hall
11198 IL Rt. 185
Hillsboro, IL 62049
Awesome opportunity to purchase some great Illinois farm land and some of the country's best managed recreational land. You won't want to miss this auction it will have land for every buyer!
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Conducted By:
Aumann Auctions, Inc.
1-888-282-8648
