AUCTION LOCATION & DIRECTIONS: Buckeye Community Center, 79 Noble Road West, Shiloh, Ohio 44878. From Baseline Road, travel south on SR-13 for 1.2 miles to Noble Road and turn west. The facility is a short distance on the south side.
PROPERTY LOCATIONS & DIRECTIONS: The farms are located on the Huron/Richland county line along Baseline Road between Planktown Road/Old State Road and US-250. From the intersection of US-224 and SR-13 near Greenwich, travel on SR-13 South 2½ miles to Baseline Road. From the intersection of US-30 and SR-13 in Mansfield, travel on SR-13 North for 16 miles to Baseline Road.
FARM A – 458.3± ACRES IN HURON & RICHLAND COUNTIES (TRACTS 1-10): Farm A includes 17.62 acres of CRP. Directions: From the intersection of Baseline Road and SR-13, travel west on Baseline Road for 3½ miles to Tracts 9-10 on the corner of Edwards and Baseline Roads. Travel west another mile to Tracts 1-8 located on the northeast and southeast corners of Planktown Road/Old State Road and Baseline Road.
FARM B – 121.5± ACRES IN HURON COUNTY (TRACT 11): Farm B includes 9.25 acres of CRP. Directions: From the intersection of Baseline Road and SR-13, travel west on Baseline Road for 1½ miles.
FARM C – 258.5± ACRES IN HURON & RICHLAND COUNTIES (TRACTS 12-17): Directions: From the intersection of Baseline Road and SR-13, travel east on Baseline Road for 1½ miles to Tracts 12-15 located on the corners of Ninevah, Strimple, and Baseline Roads. Travel east another mile to Tracts 16-17.
PROCEDURE: The property will be offered in 17 individual tracts, any combination of tracts, and as a total 838± acre unit. There will be open bidding on the tracts and the entire property during the auction as determined by the auctioneer. Bids on the tracts, tract combinations, and the total property may compete.
DOWN PAYMENT: A 10% down payment is required on the day of the auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
ACCEPTANCE OF BID PRICES: The successful bidder(s) will sign a Purchase Agreement at the conclusion of the auction. All final bid prices are subject to Seller’s acceptance or rejection.
EVIDENCE OF TITLE: The Seller will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding. If any Buyer elects to purchase title insurance, the cost thereof will be at such Buyer’s sole expense. Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record. All tracts sold “AS IS”.
DEED: Appropriate deed will be delivered at closing.
CLOSING: Closing will take place 45-60 days after auction date, or as soon thereafter as Seller’s applicable closing documents are completed.
POSSESSION: Possession at closing with Seller’s exclusive rights of the 2017 crop. Seller will retain income for the 2017 crop year. Seller will retain buildings and grain bins on Tracts 6 & 14 until Monday, April 30, 2018.
REAL ESTATE TAXES: The Buyer(s) will assume the real estate taxes for the calendar year 2018 due and payable in 2019 and thereafter. If usage is changed, the Buyer is responsible for CAUV Recoupment.
TRACT MAPS; ACRES: Tract maps, depicted boundaries, and stated acres are approximates based on county parcel data, current legal descriptions, and/or aerial mapping software and are not provided survey products.
SURVEY: Vector Surveying Services, LLC will prepare new surveys and legal descriptions according to the post-auction results. Combination purchases will only receive a perimeter survey. The type of survey provided will be at the Seller’s option. Survey costs will be shared equally between Buyer and Seller.
EASEMENTS: Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The sale will include 100% of the mineral rights (if any) owned by the Seller.
AGENCY: The Wendt Group and its representatives are exclusively the agents of the Seller.
AUCTION CONDUCT: Conduct of the auction and increments of bidding are at the sole discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer are final.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company.
ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.