SELLER: Jay Vogt For More Information call Wheeler Auctions at 660-327-5890 or visit our website at www.wheelerauctions.com. MONDAY, JULY 11, 2016 AT 10 A.M. & 11 A. M. Farm #1 consists of 95 acres located in Howard County, MO, Township 51N, Range 15W, Section 19 offered in 2 tracts. This farm will be sold at 10 A.M. Farm #2 consists of 31.64 acres located in Howard County, MO, Township 51N, Range 15W, Section 11. This farm will be sold at 11 A.M. Direction and Auction Location for Farm #1: From the east edge of Fayette, MO on Hwy 240 go east to Hwy 124. Turn left and go approximately ½ mile to State Route H. Turn left and go north on State Route H approximately 5 miles to Farm #1 on the west side of the road. Direction and Auction Location for Farm #2: From the east edge of Fayette, MO on Hwy 240 go east to Hwy 124. Turn left and go approximately ½ mile to State Route H. Stay on State Route H then turn right and go east on State Route O. From State Route O go approximately 4 miles to State Route BB. Turn left on State Route BB and go north almost 4 miles to Farm #2 on the west side of the road.
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Prospectus for 7-11-2016 Vogt Real Estate Auction, Fayette, MO
Real Estate Auction - 2 Farms in Howard County, MO. Farm 1 is 95 Acres offered in 2 Tracts. Tract 1 is 12 Acres with Nice 2BR Home & Tract 2 is 83 Acres in Row Crops with Shed & Bins. Farm 2 is 31.64 Acres of Open Pasture.
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SELLER: Jay Vogt
For More Information call
Wheeler Auctions at
660-327-5890
or visit our website at
www.wheelerauctions.com.
MONDAY, JULY 11, 2016 AT 10 A.M. & 11 A.M.
Farm #1 consists of 95 acres located in Howard County, MO, Township 51N,
Range 15W, Section 19 offered in 2 tracts. This farm will be sold at 10 A.M.
Farm #2 consists of 31.64 acres located in Howard County, MO,
Township 51N, Range 15W, Section 11. This farm will be sold at 11 A.M.
Direction and Auction Location for Farm #1: From the east edge of Fayette, MO on Hwy 240 go east to Hwy 124. Turn left and go approximately ½ mile to State Route H. Turn left and go north on State
Route H approximately 5 miles to Farm #1 on the west side of the road.
Direction and Auction Location for Farm #2: From the east edge of Fayette, MO on Hwy 240 go east to Hwy 124. Turn left and go approximately ½ mile to State Route H. Stay on State Route H then turn right and go east on State Route O. From State Route O go approximately 4 miles to State Route BB. Turn left on State
Route BB and go north almost 4 miles to Farm #2 on the west side of the road.
Tract 1: 12 acres containing a very attractive, approx. 1600 sq ft home. The home is
an open floor plan with exposed beams. Two bedroom and one bath, rural water, with
new heating and air 2 years ago. The home is very comfortable and ready to occupy.
The balance of the 12 acres are currently in row crop production and a nice pond.
This tract has access off of Hwy H.
Tract 2: 83 acres m/l with 50+ acres in row crop production, currently planted in soy-
beans. Good soil types with conservation practices being implemented with cover
crops in the fall. This tract also has a nice wooded area in the northwest corner that
has offered great hunting opportunities for all game. The tract has perimeter fencing
and 3 ponds. There is also a 40’x50’ machine shed and 2 grain bins. This tract has
access off of Hwy H.
2 HOWARD COUNTY
REAL ESTATE AUCTIONS IN 1 DAY
FARM #1 CONSISTS OF 95 ACRES LOCATED IN HOWARD COUNTY, MO, TOWNSHIP 51N,
RANGE 15W, SECTION 19 OFFERED IN 2 TRACTS. THIS FARM WILL BE SOLD AT 10 AM.
Direction and Auction Location for Farm #1: From the east edge of Fayette, MO on Hwy 240 go
east to Hwy 124. Turn left and go approximately ½ mile to State Route H. Turn left and go north on State Route H approximately 5 miles to Farm #1 on the west side of the road.
MONDAY, JULY 11, 2016 AT 10 A.M. & 11 A.M. PROPERTY VIEWING ON FRIDAY, JULY 1 FROM 2-4 PM
This farm consists of 31.64 acres of open pasture with one pond.
This farm is completely fenced with BB frontage all along the east side
and access off of County Rd 134. Ready for your livestock or a wonderful
building site. Rural water available. A beautiful piece of land.
2 HOWARD COUNTY
REAL ESTATE AUCTIONS IN 1 DAY
FARM #2 CONSISTS OF 31.64 ACRES LOCATED IN HOWARD COUNTY, MO, TOWNSHIP 51N, RANGE 15W, SECTION 11.
THIS FARM WILL BE SOLD AT 11:00 AM.
Direction and Auction Location for Farm #2: From the east edge of Fayette, MO on Hwy 240 go east to Hwy 124. Turn left and go approximately ½ mile to State Route H. Stay on State Route H then turn right
and go east on State Route O. From State Route O go approximately 4 miles to State Route BB. Turn left on State Route BB and go north almost 4 miles to Farm #2 on the west side of the road.
MONDAY, JULY 11, 2016 AT 10 A.M. & 11 A.M. PROPERTY VIEWING ON FRIDAY, JULY 1 FROM 2-4 PM
AUCTION TERMS AND CONDITIONS
Procedure: Property shall be sold Subject to Confirmation of Bid by Seller.
Down Payment: Ten percent (10%) down payment the day of auction, upon signing a pur-chase agreement immediately following the close of bidding. The down payment may be paid in the form of personal check, business check, or cashiers check. The remain-der of the purchase price is payable at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, be sure you have arranged financing, if needed, and are capable of paying the balance at closing.
Title: The title insurance will be split between buyer and seller.
Possession: Possession will be given at closing in 30 days or less.
Mineral Rights: The sale shall include100% of the mineral rights owned by the sellers. Easements: Sale of the property is subject to any and all easements on record.
Acreage: All acreage is approximate and has been estimated based on current legal de-scriptions and/or aerial photos.
Taxes: The 2016 property taxes will be pro-rated to the date of closing.
Survey: Any need for a survey shall be determined solely by the sellers. At sellers’ expense, sellers shall provide a survey for any parcel where there is no existing legal description or where the tract divisions create new boundaries. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres.
Closing: Anticipated closing date shall be on or before August 11, 2016 or on a date mutu-ally agreed upon between the buyer(s) and the sellers conducted at the office of George G. Smith & Son, Inc., 108 E. Morrison St., Fayette, MO 65248, (660) 248-2467.
Agency: Wheeler Auctions & Real Estate and its representatives are Exclusive Agents for the sellers.
Disclaimer: The property is being sold on an “as is, where is” basis, and no warranty or rep-resentation, either express or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting its own inde-pendent inspections, investigations, and all due diligence concerning the property and the auction. Information contained in this brochure is subject to verification by all par-ties relying on it. Diagrams/dimensions in this brochure are approximate. Acreage is estimated. All information contained in this brochure and any related materials are subject to the terms and conditions of sale outlined in the purchase contract. Auction conduct and bidding increments are at the sole direction and discretion of the auc-tioneer. All decisions of the auctioneer are final. The sellers and the Auction Company reserve the right to preclude anyone from bidding if there is a question as to the per-son’s credentials, fitness, intent, etc.
New Data, Corrections and Changes: Please arrive prior to scheduled auction time to in-spect any changes, corrections or additions to the property information. ALL AN-NOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.
PLAT MAP
TRACT MAP FARM 1
FSA MAP—FARM 1
SOIL MAP—FARM 1
AGREEMENT TO PURCHASE REAL ESTATE AT PUBLIC AUCTION
THIS AGREEMENT TO PURCHASE REAL ESTATE AT PUBLIC AUCTION (later called the “Agreement”), made and entered into as of this 11th day of July, 2016 by and between _____________________________________________________________________________________ (collectively later called the “Seller”), and _______________________________________ ________________________________________________________________________(later called the “Purchaser”), as the highest bidder on the property (as defined in Paragraph 1) at the public auction on this date (the “Auction”), is made subject to the following terms, covenants and conditions: 1. PROPERTY: Seller agrees to sell and Purchaser agrees to purchase tract(s) ___________ sold as a total amount and/or tract(s) ____________ sold on a per acre basis with approxi-mately _____________ total acres of real estate situated in Howard County, Missouri. Pur-chaser hereby acknowledges and understands that the Property is being sold on an “as is where is” basis. Purchaser further acknowledge that this Agreement is not contingent upon financing and that failure to close this transaction on or before Thursday, August 11, 2016 due to any delay caused by Purchaser shall constitute a forfeiture of the Ear-nest Money. 2. PURCHASE PRICE: Purchaser agrees to pay to the Seller the total sum of ____________________________________________________________________________________ (the “purchase price”) subject to acreage determination by survey. Purchase price is figured from: _____________________________________________________________________________________ _____________________________________________________________________________________ _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Upon execution of this agreement, the Purchaser will pay by check and not in cash ___________________________________________________________________________________ (which amount is equal to ten percent (10%) of the Purchase Price as Earnest Money made payable to and to be held in the escrow account of George G Smith & Son Inc. as escrow agent, there under for delivery to the Seller at the time of closing or as other-wise provided for herein. The balance of the Purchase Price shall be paid by Purchaser to the Seller at closing in cash or form of payment acceptable to the Seller. 3. TITLE: Seller shall furnish Purchaser with an Owners Title Insurance Commitment (Title Commitment), issued by George G Smith & Son Inc. Title insurance policy is to be split 50/50 between purchaser and seller. The Title Commitment shall commit the subject title company to issue Purchaser its standard owner’s policy in the amount of the purchase price, showing title to the Property in the name of the Seller. In the event that the Seller is unable to convey the Property in accordance with the terms of this agreement, Purchaser shall elect to either (a) take the Property encum-bered with the objectionable exceptions to the title and waive any and all objections thereto without abatement of the Purchase Price, or (b) receive a refund of the Earnest Money, and upon such refund being made, this Agreement shall terminate and be of no further force and effect.
4. SURVEY: If survey is necessary, survey shall be provided at Seller’s expense a new survey reflect-
ing the legal description, acreage and boundary lines for any Tract of the Property where there is
no existing legal description or where new boundaries are created by the divisions of Tracts at the
Auction. Any need for a survey shall be determined at the sole discretion of the Seller. If a new
survey is determined to be necessary by the Seller, the Purchase Price shall be adjusted to reflect
any difference between the bid acreage and the surveyed acreage. Purchaser will then have a
revised Purchase Price calculated by Multiplying the surveyed acreage by the actual Purchase
Price per Acre indicated in Paragraph 2.
5. CLOSING AND POSSESSION: The “Closing” shall take place on or before Thursday, August 11,
2016 at the office of George G Smith & Son Inc. and at a time designated by the Seller and
agreed upon by Purchaser. Concurrently with the Closing, Purchaser shall pay to the Seller the
Purchase Price, less the Earnest Money as provided for herein. Upon full receipt of the entire Pur-
chase Price by Seller, Seller shall deliver to Purchaser special warranty deeds from each selling en-
tity conveying title in the property to the Purchaser. Purchaser shall pay the charge for recording
the Deed. Seller and Purchaser agree to execute any real estate transfer declarations required by
the state, county or municipality in which the Property is located. The Seller and Purchaser agree
to provide and to execute such further documents as may be necessary or customary to close this