Virtual Online Only Auction! Bid @ www.SullivanAuctioneers.com

Appanoose County, Iowa

TUESDAY, JUNE 23, 2020 AT 1:00 P.M.

155 ACRES±

SUBJECT TO SURVEY 3 TRACTS

Thomas R. Bear – Owner Morris R. Bear – P.O.A.

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SULLIVANAUCTIONEERS, LLC

Dan Sullivan Joe Sullivan Jim Sullivan Bill Sullivan Matt Sullivan Luke Sullivan Michael Sullivan James Sullivan Jim Huff

Jeff Hoyer John Probasco Bill Fretwell Kevin Haas Craig Hoyer John Borrowman Zach Hiner Cody Holst Kyle Ferguson

SULLIVAN AUCTIONEERS, LLC TOLL FREE (844) 847-2161

www.sullivanauctioneers.com • Lic. #444000107 • Email sold@sullivanauctioneers.com

AUCTION MANAGER: JOHN PROBASCO (641) 856-7355

Representing Attorney: Rick Lynch • Lynch Law Office 207 S Washington St., Bloomfield, IA 52537

Phone: (641) 664-3188

LOCATION The Bear Farm is located in Section 34, Walnut Township, Appanoose County, IA. At the west edge of Centerville, IA on St. Hwy. 2 go 1½ miles west to Co. Rd. T14. Turn right or north and proceed 5 miles continuing through the small town of Mystic, IA to Co. Rd. J5T. Turn right or east and go 1 mile to 190th Ave., turn left or north and proceed ¾ of a mile to the farm.

(Be watching for presale directional signs)

Near Centervie, IowaNear Centervie, IowaNear Centervie, Iowa

Virtual Online Only Auction! Bid @ www.SullivanAuctioneers.com

Appanoose County, Iowa

TUESDAY, JUNE 23, 2020 AT 1:00 P.M.

155 ACRES±

SUBJECT TO SURVEY 3 TRACTS

PO Box 111 • Hamilton, IL 62341-0111

www.SullivanAuctioneers.com

FIRST CLASS U.S. POSTAGE

PAID QUINCY, IL PERMIT 23

62301

AUCTIONEERS, LLC

TRACT INFORMATION TRACT 1 - 41 ACRES± (SUBJECT TO SURVEY) • FSA information should indicate 30 acres tillable, currently

in hay production. • Soils include Clarinda & Seymour • CSR2 is 46.6 • There is a wooded draw and a small pond on this parcel

featuring attractive recreational acreage. • Access is on the west by 190th Ave.

TRACT 2 - 39 ACRES± (SUBJECT TO SURVEY) • FSA information should indicate 36.71 acres tillable,

currently in hay production with the balance in wooded draws.

• Seymour & Clarinda soils. • CSR2 is 52 • Access is on the north by 450th St.

TRACT 3 - 75 ACRES± (SUBJECT TO SURVEY) • FSA information should indicate 62.82 acres tillable, with

33.47 acres in row crop production. The balance of this parcel is in hay production.

• Soils include Edina, Seymour & Kniffen • CSR2 is 51.9 • There is an over 1½ acre pond located on this tract

offering several outdoor activities including hunting and fishing.

• Access is on the west by 190th Ave.

METHOD & TERMS The Bear Farm will be sold in three (3) individual tracts based on a survey that is currently in progress, with the said surveyed acres used to constitute the final settlement price. Tracts will be sold through the marketing method of “buyers choice” whereas the high bidder can take any or all tracts for their high bid. Buyers choice auctioning will continue until all tracts are sold. The farm will NOT be offered in its entirety or in any combinations. Bidding is not contingent upon financing. Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Thursday, July 23, 2020 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession on all tracts will be given at the time of closing subject to a farm lease for the 2020 crop year. Buyer(s) will receive 50% of the cash rent as a credit at closing. For complete details contact the auction company. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure 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 the property. This real estate is being sold “as is”.

Soil Map • Tract 3

Soil Map • Tract 2

Soil Map • Tract 1

Additional information, photos, & aerial video available online at:

www.sullivanaucitoneers.com

PRODUCTIVE TILLABLE

FARMLAND!

RECREATIONAL ACREAGE NEAR RATHBUN LAKE!

Near Centervie, IowaNear Centervie, IowaNear Centervie, Iowa