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AUCTION SITE: Memories Cafe, 101 Central Avenue, Pattonsburg, MO 64670

LIVE ON-SITE AUCTION
Began: 03/11/09 at 10:00 AM MDT
INSPECTION
Began: 03/01/09 at 2:00 PM MST
Ended: 03/01/09 at 4:00 PM MST

INSPECTION
Began: 03/08/09 at 2:00 PM MDT
Ended: 03/08/09 at 4:00 PM MDT


Highly Productive & Improved Tillable

  Tract 1: 106 Acres m/l (98 Ac. Tillable)

  Tract 2:   46 Acres m/l (44 Ac. Tillable)

 Terraced and tubed

  Tracts ¼ mile apart

  Good road front

  Previously in Beans

LOW RESERVE!

Financing Available:

Contact Nathan White of FCS Financial (Farm Credit Services) at 866-584-7181 ext. 3201

 

Auctioneer’s Note:

Don’t miss this opportunity to participate in the income potential of crop production.  Whether you’re adding to an existing portfolio or buying your first farm, now is the time to buy.  Come and bid your price!  Jeff Cates

 

  

AUCTION TERMS AND CONDITIONS:

 

AUCTION METHOD

The property will be offered in individual tracts, any combinations of tracts, or as a whole.  The property will be sold in the manner resulting in the highest total sales price.

 

REGISTRATION:

Registration will begin one hour before the auction. All bidders must provide name, address, phone number, social security number, and a valid driver’s license. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

 

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 10% down payment of the total purchase price at the auction site immediately following the close of bidding.  The down payment is non-refundable and may be paid in the form of personal check, business check or cashier’s check.

 

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

 

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement at the auction site immediately following the close of bidding.  All final bid prices are subject to Seller approval. 

 

CLOSING:

Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s).

 

EVIDENCE OF TITLE

Seller shall furnish buyer(s) at buyer’s expense Commitment for Title Insurance in the amount of the total purchase price and shall execute a deed conveying the real estate to the buyer(s).

 

REAL ESTATE TAXES & ASSESSMENTS:

Any unpaid 2008 calendar year taxes shall be paid by the Seller at closing.  The 2009 taxes are to be prorated as of the closing date.

 

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

 

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

  

BUYER’S PREMIUM:

A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

 

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the Broker Participation Agreement.  This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

 

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in this brochure was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All acreages are approximate and have been estimated based on legal descriptions, aerials, tax records or farm service agencies.  All sketches and dimensions in this brochure are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company.  All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property.  The property is being on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company.  All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. 

 

STOCK PHOTOGRAPY

This brochure may contain pictures of wildlife and other items that are for illustrative purposes only.

 

To Tract 1: I-35 to Exit 72 (State Hwy DD), east to immediate left (State Hwy VV), north 1.3 miles to 170th St., left ¼

mile to farm. 

To Tract 2 from Tract 1: go south on 170th St. ¼ mile to State Hwy VV, east ½ mile to 175th St., south ½ mile to 

Jordan St., east 1/4 mile to farm.

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AuctionServices
We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!