McAfee Auction Service, LLC

CLARK COUNTY MISSOURI
LAND AUCTION

414 Acres / 7 Tracts
(Subject to Final Survey)

Tuesday November 23rd
6:00 p.m.

Sale conducted at the CARE Building located at
451 N. Vine Street, Kahoka, MO

GENERAL INFORMATION
The Hodges farms are lying South of Kahoka, MO on Hwy. 81, then West on Hwy. D, 1 mile to tracts 5,6, and 7 and 2 miles to tracts 1,2,3, and 4. These tracts offer productive tillable cropland, hunting, building sites, etc. Lying in sections 13, 14, 15, 22 and 23 Twp. 64N R8W Clark County MO.

TRACT 1    73 +/- Acres
(Subject to Final Survey)

Tract 1 Photos

- Offers 59.28+/- acres of productive cropland, balance in woods.

- Access: By State Hwy. M on the West side and Co. Rd. 391-NS on the East side.

- Predominant Soil Types: Zook, Moniteau and Linley.

TRACT 2    103 +/- Acres
(Subject to Final Survey)

Tract 2 Photos

- Offers 80.13 +/- acres of productive cropland, balance in wooded draw, hunting, etc.

- Access: By Co. Road 391-NS running along the West side.

- Predominant soil types: Zook and Vesser.

- Note: Tract sells subject to two easements, one in Southwest corner for ingress egress to tract 3, and one in Northeast corner existing established farm access road to neighboring farm and tract 4.

TRACT 3   71 +/- Acres
(Subject to Final Survey)

Tract 3 Photos

- Offers 61.52 +/- acres of productibe cropland, balance in woods.

- Access: Off Co. Rd. 391-NS from the West and recorded ingress egress easement on established field access road on the Northwest corner.

- Predominant soil types: Gilford and Vesser

TRACT 4   76 +/- Acres
(Subject to Final Survey)

Tract 4 Photos

- Offers: 36.2 +/- acres of productive cropland, Dirt Berm structure, balance in woodlands, excellent hunting.

- Access: From established field access road from the North off of Rte. D.

- Predominant Cropland Soil: Wakeland, Zook and Moniteau.

Correction: Tract sells subject to easement to neighboring farm (Trump) for ingress/egress on the East (not the South). Maps will be avaliable day of sale.

TRACT 5   17 +/- Acres
(Subject to Final Survey)

Tract 5 Photos

- Offers: 16.88 +/- acres of productive tillable cropland, highway frontage, building site, access to utilities.

- Access: By Hwy. D running along the North side.

- Predominant soil types: Moniteau, weller.

TRACT 6   32 +/- Acres
(Subject to Final Survey)

Tract 6 Photos

- Offers: 28.83 +/- acres of productive cropland.

- Access: By Co. Road 393-NS running along the East side.

- Predominate soil types: Zook, Weller and Neeper.

TRACT 7   42 +/- Acres
(Subject to Final Survey)

Tract 7 Photos

- Offers: 42.74 +/- acres of productive cropland.

- Access by Co. Rd. 393-NS running along the West side.

- Predominate soil types: Zook.

TERMS & CONDITIONS
- Tracts will be sold on a price per acre basis, based on the final survey acreage.

- Tracts will be offered through the method of "Buyer's Choice" giving the successful bidder the opportunity to take any single tract, any combination or all tracts in their entirety. This method will be used until all tracts have been sold.

- Tracts Do Not sell contingent to financing.

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

- Immediately following the bidding, the successful buyer(s) will be required to pay 10% down evening of sale payable to Oak Hill Title Company Escrow and sign into a written contract with the estate. The balance of the purchase price will be due on or before December 28, 2021.

- Tracts sell free and clear of farm tenant for 2022 crop season.

- The 2021 real estate taxes will be paid by the seller. All subsequent years will be the responsibility of the successful buyers.

- Title insurance in the full amount of the purchase price will be provided by the estate.

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

- Closing conducted by Oak Hill Title Company located at 309 Lewis Street, Canton, MO.

- Contact closing agent at 573-288-4461 for any 1031 Exchange or closing questions.

- All lines on maps are for identification purposes only, these lines may or may not be accurate.

- Sale contracts, title work and survey will be available day of sale for review.

AUCTIONEER'S NOTE: Potential buyers are welcome to view the land at their own leisure. Terms cash or check with proper ID. Not responsible in case of accident. 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.

William Wayne Hodges Estate

Brett B. Bozarth, Rep. Attorney

Oak Hill Title Company, Closing Agent

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