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LAND AUCTION
Hunting Land—Pasture Land—CRP-Row Crop
CALDWELL & LIVINGSTON COUNTIES, MISSOURI
Friday, October 19, 2007 1:00 p.m.
893.5(+/-) Acres to be Sold in Eight Tracts
SELLING AT PUBLIC AUCTION
THE PROPERTY KNOWN FOR MANY YEARS
AS THE THOMAS GRAY FARMS
Virtual Tours of the Tracts are Linked From
Each Tract Description Below
--» Download the full Auction Flyer in pdf format by clicking here «--
TRACT 1 & 2
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--> Click for a Virtual Tour of Tract 2 <--
TRACT 1. 48 acre m/l hunting & CRP tract, good timber, permanent deer stand.
TRACT 2. 47 acre m/l tract with good timber, pond and CRP.
These tracts will be sold choice, with the successful bidder having the
option of taking one or both tracts. Both tracts have public road frontage.
TRACT 3
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73 acre m/l pasture land or hay production tract with substantial big timber.
This tract is truly a hunter’s paradise having good access but with remote
wooded areas (potentially valuable timber) has large cedars for deer cover,
beautiful gently rolling hills, grain storage and a metal shed.
TRACT 4
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A great investment tract 117 acres m/l of terraced CRP
land paying $7,616.56 through September 30, 2013.
This tract has excellent road frontage and location.
TRACT 5
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57 acre m/l ownership located just to the North of Breckenridge, Missouri.
This tract has substantial good timber and large quarry lakes as well
as 30.7 acres of CRP paying $2,015.00 through September 30, 2007.
This tract offers opportunities for the hunter, fisherman, investor or
someone seeking a home site. Water and electric are on
site and the front of the property is paved.
TRACT 6
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338.5 acres m/l ownership which is a great mix of big woods and open
pasture along with a small area of CRP. This substantially uniform
tract has road frontage (and access) on three sides of the parcel and is
in fact a “major hunter”. There is a huge lake site, pond and 3
permanent deer stands. This tract is nearly a half-section and measures
approximately one mile in width by 3/4 mile in height.
This is a rare opportunity to buy a hunting retreat where you can get
lost in your own woods and be insulated from surrounding ownerships.
TRACT 7
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Sizeable tract of 200 acres m/l with a really nice combination of thick
woods, open pasture and CRP. There are excellent food plot areas
within the wooded areas and this tract also runs one mile wide from
East to West. Both tracts 6 & 7 are large, excellent hunting tracts with
open land and CRP income. Together, they would make a serious
game preserve measuring some 530 acres m/l, creating a wilderness
area with excellent hunting attributes and potential.
TRACT 8. THE QUARTERS
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located between Tracts 6 & 7 is the “Gray Homestead”
which consists of a modern, 3 bedroom, 1 1/2 bath brick ranch home
on 12.5 surveyed acres. There is a new roof, full unfinished basement,
and hardwood floors. A large metal outbuilding is on the property to
store 4-wheelers and equipment. There is also a fenced pasture,
a pond and pleasant views. This parcel
would provide accommodations to the owners of either
Tract 6 or Tract 7, adjoining and having easy access to either tract.
This tract will also contain a small amount of CRP land to help with taxes
and insurance. The home on Tract 8 is located in the
Breckenridge School District.
Brief Legal Descriptions:
Tracts 1-4 lie in Sections 1 & 12, Township 57N,
Range 26W, Caldwell County, Missouri.
Tract 5 lies in Section 11, Township 57N, Range 26W,
Caldwell County, Missouri.
Tracts 6 & 8 lie in Section 7, Township 57N, Range 25W,
Livingston County, Missouri.
Tract 7 lies in Sections 7 & 18, Township 57N, Range 25W,
Livingston County, Missouri.
Directions to Auction Location:
TO GET TO THIS AUCTION, take US Highway 36 East from Cameron
(I-35) or West from Chillicothe (US 65) to County Road LIV 401 (Liton
Road) which runs along the County Line between Livingston and
Caldwell Counties. Go NORTH on LIV 401 (Liton Road) two miles to
auction site.
Distances:
*LIBERTY—60 minutes—62.5 miles *DES MOINES—2 1/2 hours—165 miles
*CAMERON—25 minutes—27 miles *ST. CHARLES—3 1/2 hours—235 miles
*CHILLICOTHE—15 minutes—14 miles
Auction Conducted by:
Auction Conducted by
United Country Missouri Land & Home
Columbia - Milan - Macon, Missouri
Suzanne Rhodes, Broker/Associate - 660-734-1600
Walter S. Iman, Auctioneer - 660-281-0559
Tamara Rufener, Auction Assistant - 660-676-6676
Toll Free 1-800-895-4430
www.molandauctions.com
info@missourilandandhome.com
TERMS & CONDITIONS OF AUCTION
1.Tracts will sell individually and remain sold to the highest bidder (subject to seller confirmation). All acreages are approximate and, if tracts are sold to separate Buyers, Seller will provide legal description by virtue of a survey of the line between the two tracts.
2. Buyers and Sellers will enter into a standard format Contract for the Sale of Real Estate for each parcel bought and sold on the day of auction. Contract will call for a 10% down payment in the form of a personal or company check with the balance of the purchase price due, in certified funds, on or before the 19th day of November, 2007. Contracts will contain no financing or inspection contingencies and Buyers must have their financing arranged prior to bidding at the auction. Earnest money payments will be made payable to Staton Abstract & Title in Chillicothe, Missouri. Sellers will furnish title insurance in the amount of the selling price and deliver title by Warranty Deed. Buyers will be responsible for their own mortgage policies of title insurance (if applicable). Customary closing fees will apply to both Seller’s and Buyer’s transactions. Possession will be given to all Buyers at closing. There are no leases in place for farming or hunting.
3. Surveys locating division lines between tracts will be made AS REQUIRED BY TITLE COMPANY in order create legal descrip-
tions and deliver merchantable title. Lines between adjoining tracts purchased by the same Buyer will not be surveyed. As ownership lines on all tracts are apparent, out-boundary surveys will not be performed.
4. The entire 2008 CRP payment will be paid to the Buyer (when paid by USDA) and there will be no pro-ration thereof. Seller
to pay real estate taxes for 2007 and prior years for all tracts. There are no long term tenancies.
5. All properties and improvements sold “AS IS - WHERE IS” and Buyers should take the time to examine the property thoroughly and rely on their own judgment.
Auctioneers, United Country Missouri Land and Home or its agents are not responsible for any representations made by Sellers and are not responsible for accidents on the sale property should any occur.
www.MoLandAuctions.com | info@molandauctions.com
www.MoLandAuctions.com - 1-800-895-4430
Licensed Auctioneers—Walter S. Iman, United Country Missouri Land & Home
Iman Auction Company, Salisbury, Missouri
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