Ron L. Peterson Real
Estate Auction
Wednesday, Dec. 12, 2007
7:00 p.m.
Williamsville Community
Center, Williamsville, IL
80 acres & Farmstead sold
in two tracts
Section 36, Twp. 8 N. Range 4 W., Sangamon Co.,
Illinois
REAL ESTATE: 80 acres located in the north half of the
southeast quarter of Section 36, Williams Township, Sangamon County, Ill.
TRACT ONE: 3.86 acres, dwelling and improvements
located at 11435 Dana Lane, Williamsville, Ill. This two-story wood
frame dwelling has one bath, 4 bedrooms, full basement, and attached two-car garage. Additional farmstead improvements consists of water well,
septic system and a modern machine shed w/concrete floor.
TRACT TWO: 76 acres +/- of farmland
REAL ESTATE TERMS:
Buyer(s) to enter into a written contract requiring 10% down
on the day of the auction with the balance due upon delivery of deed at
closing. Closing to occur on or before January 14, 2008. Tract One
(Farmstead) will be sold on a lump sum basis and will be sold "As Is
Where Is." Tract Two (Farmland) will be sold on a per acre basis where
the sale price will be calculated by multiplying the high bid times 75
acres. These are stated settlement acres but are not guaranteed. The
Seller will furnish title insurance commitment in the exact amount of
the purchase price and pay the 2007 real estate taxes due in 2008. The Buyer(s) will pay the 2008 taxes payable in 2009 and subsequent years
taxes. Possession, at closing, will be subject to the rights of the
current farm tenant, Roger Bock, under the rights of the current crop
share lease which expires the last day of February, 2008. The current
lease has been terminated. Announcements on the day of the Auction
will take precedence over any matters previously announced, published or
advertised. The Seller reserves the right to reject any and all
bids. There are no express or implied warranties pertaining to this
property. A copy of the title commitment and sales contract will be
available for inspection prior to the auction by contacting the office
of Charles Burton, Rushville, Ill. (217) 322-4303.
Ronald
L. Peterson, Trust, Seller
Attorney
for the Seller: Charles Burton, Attorney At Law
114 W. Lafayette St., Rushville, IL 62681
(217) 322- 4303
Mike Maske Auction Service
119 S. Lafayette St., Mount Pulaski, IL 62548
(217) 519-3959 Ill. Auction Lic. # 440.000157
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