McAfee Auction Service, LLC
LAND AUCTION
163 +/- ACRES / 2 TRACTS

Thursday December 19th
10:00 a.m.
Sale conducted at the CARE Building located at 451 N. Vine Street, Kahoka, MO

Aerial, Plat and Soil Maps

Photos
GENERAL INFORMATION
The Smith land is generally located approximately 1 mile Northwest of Luray, MO. Land offers 117 +/- acres of productive tillable cropland, balance in recently harvested timber for hunting. Lying in Sections 4 & 9. Twp. 65N, R9W Clark County MO.
TRACT 1   71 +/- ACRES
(Subject to Final Survey)
- Offers 43.41 Acres of highly productive tillable bottom land, balance in woodlands.

- Access by surveyed easement on the Northeast corner of tract.

- Soil Types (cropland): Moniteau and Zook
TRACT 2   92 +/- ACRES
(Subject to Final Survey)
- Offers 73.59 Acres of highly productive tillable cropland, balance in grass waterways and few acres of woodland.

- Access by a surveyed easement on the North side.

- Soil types: Armstrong, Moniteau, Adio and Zook
TERMS OF CONDITIONS
- Tracts will be sold on a price per acre basis, based on final survey acreage and offered through the method of "Buyer's Choice".

- Tracts do not sell contingent to financing or any other buyer's contingencies.

- Real estate conveyed subject to any recorded easements of record in effect at the day of closing.

- Immediately following the bidding the successful buyer(s) will be required to pay 10% down the day of sale payable to Oak Hills Title Company Escrow and sign into a written contract with the sellers. The balance of the purchase price will be due at closing on or before January 21, 2025.

- The 2024 taxes will be paid by seller, all 2025 and subsequent years will be the responsibility of the successful buyer(s)

- Sellers will provide (owner policy) title insurance in the full amount of the purchase price.

- All additional closing cost will be divided in equal shares between the buyer(s) and sellers.

- Tillable acres sell subject to a 2025 farm tenant, the successful buyer will receive full cash rent payment of $150 per tillable acre paid 1/2 April 1, 2025 and balance November 1, 2025. Full possession will be given on tillable cropland after 2025 fall harvest.

- Closing conducted by Oak Hills Title Company located at 309 Lewis Street, Canton, MO Contact closing agent at 573-288-4462 for any 1031 Exchange or closing questions.

- All lines on maps are for identification purposes only. These lines may or may not be accurate. A boundary survey will be completed prior to sale.
AUCTIONEER'S NOTE: Prospective buyers are welcome to view the land at their own leisure. Not responsible in case of accident. Terms cash or check with proper ID. Announcements made sale day take precedence over any advertisement. The above information is believed to be accurate; however, no liability for its accuracy, errors or omissions are assumed by the seller or auction service.
Tony Smith and Tracy Smith, Sellers

Oak Hills Title Company, Closing Agent

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