PIKE COUNTY, IL LAND AUCTION - 10 POINT FARMS, LLC

LOCATION Pike County, Illinois The real estate is generally located approximately 3 miles east of Hull, IL, or 16 miles east of Hannibal, MO, or 25 miles southeast of Quincy, IL, and is further described as being located in Section 21, T4S-R7W, Kinderhook Township, Pike County, Illinois. Tract 1 represents tillable, productive farmland. SELLER 10 Point Farms, LLC MANAGED BY John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667 GENERAL INFORMATION 115.43 taxable acres 1 tract The farm represents high quality farmland in Pike County, IL. A great opportunity to add on to an existing farm operation or investment portfolio. TRACT INFORMATION 115.43 taxable acres FSA records indicate 117.69 acres of NHEL cropland Productivity Index (PI): 129 Soil types include Wakeland, Orion, and Coffeen Access is along the east side by 200th St. METHOD & TERMS The real estate will be sold on a price per acre basis, based on taxable acres. Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before November 25, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due in 2026 through a credit at closing based on the best available information. Buyer will pay all subsequent year real estate taxes. Possession at closing subject to an existing lease for the 2025 crop year. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS. Representing Attorney: Mary Devereux | AEGIS Law 601 S. Lindbergh Blvd., Frontenac, MO 63131 | (314) 454-9100 Auction Managers: John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667