Prospectus for 4-17-2018 Butler Real Estate Auction, Shelbina / Paris Area, MO

MONROE COUNTY TUESDAY – APRIL 17, 2018 AT 10 AM

AUCTION LOCATION:

Shelbina American Legion Hall in Shelbina, MO 63468

From Shelbina, MO take Hwy. 15 south 6 miles to Highway CC, turn left and go east 3 1/4 miles to the property on the right OR from Paris, MO take Highway 15 north 11 miles to Highway CC, turn right and go 3 1/4 miles to property on the right.

160 +/- ACRES SELLING IN TWO TRACTS THE BUTLER FARM HAS BEEN IN THE FAMILY FOR DECADES AND HAS NOT BEEN OFFERED FOR SALE IN RECENT HISTORY. THERE IS A HIGH PERCENTAGE OF TILLABLE GROUND FOR FARMING AND SOME WONDERFUL HUNTING OPPORTUNITIES WITH LOTS OF EDGE AREA FOR HABITAT AND GOOD FOOD SOURCES.

SELLER: LEE ELLEN BUTLER ESTATE Charles L. Grubb, Personal Representative Steven E. Raymond , Attorney for the Estate, 573-633-2434

For more information call Charlie Nordwald at 636-795-4552 or visit wheelerauctions.com

TUESDAY, APRIL 17, 2018 AT 10 AM PRE-AUCTION PROPERTY VIEWING TUESDAY, APRIL 3 FROM 4-6 PM

AUCTION LOCATION:

Shelbina American Legion Hall in Shelbina, MO 63468 PROPERTY LOCATION: From Shelbina, MO take Hwy. 15 south 6 miles to Highway CC, turn left and go east 3 1/4 miles to the property on the right OR from Paris, MO take Highway 15 north 11 miles to Highway CC, turn right and go 3 1/4 miles to property on the right.

160 +/- ACRES SELLING IN TWO TRACTS THE BUTLER FARM HAS BEEN IN THE FAMILY FOR DECADES AND HAS NOT BEEN OFFERED FOR SALE IN RECENT HISTORY. THERE IS A HIGH PERCENTAGE OF TILLABLE GROUND FOR FARMING AND SOME WONDERFUL HUNTING OPPORTUNITIES WITH LOTS OF EDGE AREA FOR HABITAT AND GOOD FOOD SOURCES. A SURVEY HAS BEEN COMMISSIONED FOR THE FARM AND WILL BE COMPLETED BY SALE DAY. TRACT 1 consists of 70 +/- acres with 49.12 tillable acres per the Monroe County FSA office. This tract is accessed off Highway CC across the north side and County Road 319 along the east side. The tract has been tile terraced with waterways and a wooded area in the southwest corner with several wooded draws, ideal for wildlife habitat. For anyone wanting to build a structure for a permanent house or weekend cabin, there is already a rural water meter and electricity available on this tract.

TRACT 2 consists of 90 +/- acres with 55.56 tillable per the Monroe County FSA office. This tract will be accessed off County Road 319 all along the east side. The tract has been tile terraced with waterways and has several wooden draws, making it idea for wildlife habitat.

AUCTION TERMS AND CONDITIONS Procedure: Property shall be sold Subject to Confirmation of Bid by Seller.

Down Payment: 10% Down day of auction with the balance due at closing in 30 days or less. 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: Closing cost should be paid as set out in attached contract.

Possession: Possession given a 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 descriptions and/or aerial photos.

Taxes: Buyer will pay all 2018 property taxes and thereafter.

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. If a survey is required it will be paid for by the seller.

Closing: Anticipated closing date shall be on or before Thursday, May 17, 2018 or on a date mutually agreed upon between the buyer(s) and the sellers conducted at the office of Monroe County Abstract & Title, 229 N Main St, Paris, MO 65275, (660) 327-4109.

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 representation, 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 independent inspections, investigations, and all due diligence concerning the property and the auction. Information contained in this brochure is subject to verification by all parties 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 auctioneer. 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 person’s credentials, fitness, intent, etc.

New Data, Corrections and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.

PLAT MAP

TRACT MAP

TRACT 1 70 ACRES +/-

TRACT 2 90 ACRES +/-