Lowderman Auction Company of Macomb, Illinois

Auction to be conducted at the Lowderman Auction Company located 2.5 miles west, Macomb, Illinois.

TRACT 1: 124 acres more or less of highly productive farmland with 123.46 acres tillable (FSA). Soil Types: mostly all 43A Ipava Silt Loam.

TERMS ON TRACT 1: 10% of high bid price down on the day of sale, which at that time the high bidder(s) will sign a purchase agreement(s). The following will be an option of the buyer(s). Balance due withing 30 days or 20% more due on or before July 1, 2008 and the remaining balance (70%) due on or before December 31, 2008. The new buyer(s) will receive the cash rent for the 2008 season. Possession will be given after the 2008 crop is removed and upon final payment. The 2007 taxes due and payable in 2008 will be paid by the seller, all subsequent taxes will be the responsibility of the new buyer(s). Title insurance will be provided by the sellers. Down payment is non refundable and purchase contracts are not contingent upon financing and buyer and/or lender inspections. For further information contact the Lowderman Auction Company. All announcements made on the day of sale take precedence over any prior written or oral matter. Not responsible for accidents, errors, or omissions.

TRACT 2: 21 acres more or less being a potential building site. 4.4 acres are considered tillable with the balance being pasture and hay ground. Complimenting this tract is an approximately 72'x54' Morton machine shed and a 16'x20' open front shed.

METHOD OF SALE: Tract 1 followed by Tract 2 with each tract constituting an individual sale. The tracts will not be combined.

TERMS ON TRACT 2: 10% of high bid price down on the day of sale, which at that time the high bidder(s) will sign a purchase agreement(s). Balance shall be due in 30 days, at which time possession will be given. Title Insurance will be provided by the sellers. The 2007 taxes due and payable in 2008 will be paid by the sellers, all subsequent taxes will be the responsibility of the new buyer(s). Down payment is non refundable and purchase contracts are not contingent upon financing and buyer and/or lender inspections. For further information contact the Lowderman Auction Company. All announcements made on the day of sale take precedence over any prior written or oral matter. Not responsible for accidents, errors, or omissions.

Gladys L. Deuel Estate
Co-Executors: Donald Deuel and Sherry Wike

Representing and Closing Attorney:
Richard Rasmussen
106 East Main Street • LaHarpe, IL • 217-659-3312

For further information contact the Lowderman Auction Company.