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National Exposure, Local Expertise! Jason L. Wallingford, CAI-Owner 520 N. 30th, Suite 19 I Quincy, IL 62301 (217) 214-2752 AUCTION 1,400+ Acres Thursday, November 20th I 10am Held at Quality Inn 2500 N. Lafayette Rd. Crawfordsville, IN 47933 Auctioneer: Mark T. Mommsen, CAI Lic.# AU11400076 Representative will be located at the grain bins on Tract 6. See website for complete details! Informational Open House Saturday, November 8th 10am-Noon Montgomery & Tippecanoe County, Indiana ET Sellers: Sarah E. Durham Trust and James C. Carter Trust

Indiana Land Auction

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Montgomery & Tippecanoe County, Indiana 1400+ acres (16 Tracts) to sell Thursday, November 20 at 10AM ET. Sellers: Sarah E. Durham Trust & James C. Carter Trust Auctioneer:Mark T. Mommsen Lic # AU11400076

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Page 1: Indiana Land Auction

National Exposure, Local Expertise!

Jason L. Wallingford, CAI-Owner520 N. 30th, Suite 19 I Quincy, IL 62301

(217) 214-2752

AUCTION1,400+ Acres

Thursday, November 20th I 10am

Held at Quality Inn2500 N. Lafayette Rd.

Crawfordsville, IN 47933 Auctioneer: Mark T. Mommsen, CAI Lic.# AU11400076

Representative will be located at the grain bins on Tract 6. See website for complete details!

Informational Open HouseSaturday, November 8th 10am-Noon

Montgomery & Tippecanoe County, Indiana

ET

Sellers:Sarah E. Durham Trust and James C. Carter Trust

Page 2: Indiana Land Auction

27-21N-6WTippecanoe County

Montgomery & Tippecanoe County

INDIANASee website for complete detailswww.iAuctionandRealty.com Seller: James C. Carter Trust

Seller: Sarah E. Durham Trust

16

Page 3: Indiana Land Auction

Tract 1160± acres with 155± highly productive tillable acres and approximately 2.1 acres of CRP.

Tract 251± acres with 51± highly productive tillable acres.

Tract 3 158± acres with 156± highly productive tillable acres.

Tract 456± acres with 56± highly productive tillable acres.

Tract 5125± acres with 125± highly productive tillable acres.

Tract 6 136± acres with 118± highly productive tillable acres. Older grain bins, barn and fenced pasture also included on this tract.

Tract 780± acres with 80± highly productive tillable acres.

Tract 870± acres with 70± highly productive tillable acres.

Tract 940± acres with 40± highly productive tillable acres.

Tract 1040±acres with 37± highly productive tillable acres. Approximately 3± acres of CRP.

Tract 1170±acres with 66± highly productive tillable acres. Approximately 4± acres of CRP. Some field tile 4” on 40’.

Tract 12186± acres with 176± highly productive tillable acres. Approximately 8± acres of CRP.

Tract 1361± acres with 56± highly productive tillable acres. Approximately 5± acres of CRP. Some field tile 4” on 40’.

Tract 1439± acres with 34± highly productive tillable acres. Approximately 3.5± acres of CRP. Field tiled 4” on 40’.

Tract 1580± acres with 80± highly productive tillable acres.

Tract 1643± acres with 43± highly productive tillable acres. This tract is located in Tippecanoe County. Seller: James C. Carter Trust.

TRACT DETAILSAuctioneer: Mark T. Mommsen, CAI - Lic.#AU11400076

Seller: James C. Carter Trust

Seller: Sarah E. Durham Trust

Page 4: Indiana Land Auction

PROCEDURE: Tracts 1 through 16 will be offered “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of Tracts 1 through 16 for their high bid (price per acre basis). “Buyer’s Choice” auctioning will continue until all of Tracts 1 through 16 have been purchased.

BUYERS PREMIUM: A 2% buyer premium will be added to the high bid to equal the final contract price for a tract(s).

DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier’s check. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant, if any.

ACCEPTANCE OF BID PRICES: All successful bidders will sign an Agreement to Purchase at the auction site immediately following the close of bidding. All final bid prices are subject to approval or rejection by Seller.

CLOSING: Closing shall occur within 30 days or as soon thereafter as applicable closing documents are completed.

TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

REAL ESTATE TAXES: Seller shall pay 2014 and all prior year real estate and drainage taxes.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on aerial maps.

SURVEY: Where there is no existing legal description to determine acreage amounts and sufficiently convey title, seller shall provide a boundary survey by a licensed land surveyor. Final purchase price will be based upon legally described acres or gross surveyed acres.

MINERAL RIGHTS: The buyer will receive and seller will convey all mineral rights that the seller owns relating to the property.

AGENCY: United Country iAuctionandRealty.com and its representatives are exclusive agents of the Seller.

Sellers: Sarah E. Durham Trust and James C. Carter Trust.

(217) 214-2752

TERMS & CONDITIONS Auctioneer: Mark T. Mommsen, CAI - Lic.#AU11400076

All announcements made sale day take precedence over prior advertising either written or oral. The information 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. Real estate is being sold “As Is, Where Is”.