The Accelerated Marketing Experts

320 ⁺ Acres in 4 Tracts plus Shares in Turkey Island
in Henderson County, IL - Near Lomax
APRIL 9th, 2005 at 10:00 A.M.

Map/Directions  Tract 1  Tract 2  Tract 3  Tract 4  Turkey Island  Terms & Conditions  Contact Agent  Printable PDF (539 kb)

Waterfowl Hunters --
A brief history of this property ...
The property was acquired over a several year period by avid duck hunter, Gary Jakoby. Gary was an engineer by trade and his maps and plans for this property are quite extensive. Gary was unable to see his entire plan implemented; these plans included a holding pond, several drop boxes and levee work. River side, this property needs nothing to make it a great duck spot. Gary had bigger plans, he was focusing his efforts on inland habitat! Plans to create a pond in the timber, enhancing an existing beaver pond, and building levees around the farm fields were all in this property's future. Gary named his plan "Greenhead Meadows" and laid it out in detail. This plan will be available to the new owner(s) to hopefully keep this dream alive. The passion Gary had for duck hunting is apparent. He wanted to do more for waterfowl on his property with all types of habitat improvements.

== All Minerals Owned to Transfer ==

BROKER PARTICIPATION AVAILABLE!

Contact an agent listed below for details

 Offered by Farmers National Company

 AUCTIONEER & AGENTS:

DALE L JONES, AUCTIONEER/AGENT
(309) 582-7734 or (309) 371-7506

Todd Hewing (217) 924-4585

Wayne Keller (618) 443-1998

TRACT # 1: 44 Acres with 32.6 tillable. This parcel makes a nice addition to any farm operation. In addition, the possibilities of government programs can benefit the investor or hunter alike. For hunters, this would make a nice shallow water area! A creek and small woods create the perfect balance. Accessed from Highway 96 at 200N, go West 1/4 mile to the easement. A 50' strip of land goes north to the parcel (this easement not shown on map).

TRACT # 2 (location of showing March 26th, 9am-1pm): 60 Acres with 31.3 tillable. This parcel lends itself well for CRP programs, deer hunting, and farming. It has a nice little duck hole as well. Hunters can utilize food plots to enhance this parcel and improve the parcel's habitat for both deer and ducks. Access is the first road south of Lomax going west. This road -- a public road -- then becomes a 50' easement. As soon as you cross the railroad tracks, you are on this parcel.

TRACT # 3: 77 Acres with 26.9 tillable. This parcel is a good deer hunting parcel with an excellent timber hold for duck hunting! The tillable acreage can be used for income or for food plotting to enhance the hunting opportunities this property already enjoys. This parcel is accessed from the 300N road (boat ramp road) and via the same easement into and through Tract #2.

TRACT # 4: 140 Acres which includes two small islands in Turkey Chute. This parcel is a waterfowl hunter's dream with a normal pool with 65 acres of water. The islands #9 and #10 make for excellent blind locations! This parcel is located just east of River Mile Marker #395. Least not forget the convenient public boat ramp located on the north side of this parcel and the excellent fishing that this area offers. Numerous blind locations, varying water depth, and a multitude of vegetation all add up to a great duck spot with easy access!!

TURKEY ISLAND (Island # 11): A portion of this island, 22.2 acres, will be offered as shares to individual(s) on a per share basis. The high bidder has the right to take one or all the shares. In the event the high bidder does not take all the shares we will continue to offer the shares in this method until they are all sold.

The island itself is primarily wooded and has electric service out to it. Turkey Island is accessed by boat and is located 7 miles down river from Burlington, Iowa, and just west of Lomax, Illinois, on River Mile Marker #395. The south tip of Burlington Island is straight west of Turkey Island. (Map #68 2001 Edition, US Army Corps of Engineers, Upper Mississippi River Navigational Charts). If you enjoy the river, boating, fishing, camping, hunting, or just enjoy some seclusion occasionally, this may interest you!! This is likely one of the easiest and most cost practical recreational land opportunities you will come across. This island offers great recreational opportunities as well as possible commercial uses.

TERMS & CONDITIONS:

SALE METHOD: Auction offering the property in individual tracts, any combination of tracts, or in its entirety.

SURVEY: If a legal description cannot be created for the purpose of preparing a deed, the Seller will provide a survey. The type of survey provided will be at the discretion of the seller, but adequate to convey title. The cost of the survey will be split equally between buyer and seller.

FINANCING: Your bidding is not conditional on financing, make arrangements for financing prior to the auction.

EARNEST MONEY: Earnest money equal to 10% of the accepted bid price is required immediately following the close of bidding.

CONTRACT BETWEEN BUYER AND SELLER: Immediately following the conclusion of the auction the high bidder(s) will enter into a real estate sales contract and deposit with the Auctioneer the required 10% earnest money payment. The earnest money may be in the form of cash, personal check, business check, or certified check. The sellers will provide an Owners Title Insurance Policy.

POSSESSION/CLOSING: Possession will be at closing, subject to the tenant rights of Byron Sparrow, which will be on or before May 15th, 2005. The Buyer(s) will receive the 2005 Farm Income as well as pay any associated expenses.

MINERAL RIGHTS: All minerals owned by the seller will transfer.

PROPERTY TAXES: The 2004 property taxes will be paid by the seller. 2005 property taxes and beyond will be the responsibility of the new owner(s).

TAXES: $7.55 per acre average.

AGENCY: Farmers National Company, its agents and representatives are agents of the seller.

TRACT ACREAGES: All tract acreages, tillable acreage estimates, map borders advertised or displayed, are approximate and have been estimated based on outside information.

 THIS PROPERTY SOLD! LET US WORK FOR YOU!
All figures, estimates, and maps displayed in this auction presentation are in no way guaranteed.

CONDITIONS AND EASEMENTS: This sale is subject to all easements, covenants, and restrictions of record. This will include any and all easements and covenants including those created for this sale.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this presented auction listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed, electronic, or internet based materials, or any other oral statements made. The property is being sold on an "As is, Where is" basis, and no warranty or representation, either expressed or implied concerning the property is being made by the seller or the auction company. Furthermore, each potential bidder agrees to hold harmless and indemnify the seller and Auction Company from any and all liability associated with such inspections, investigations, and inquiries including but not limited to, personal injury while on the property. The information contained in this presented auction listing is believed to be accurate but is subject to verification by all parties relying on it. The seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. All sketches and dimensions in this presented auction listing are approximate. All acreage is approximate and has been estimated based on arial photographs. Procedures of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person(s) credentials or fitness. All decisions of the auctioneer are final.

Seller: Jakoby Family  L-19214

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