McAfee Auction Service, LLC

LAND AUCTION
337.5 ACRES / 5 TRACTS
CLARK COUNTY, MO

Tuesday October 19th
6:00 p.m.

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

GENERAL INFORMATION
The Gares farms are lying South and Southeast of Kahoka, MO ranging from 2 miles to 4 3/4 miles from town. These tracts offer attractive combination farms with productive rowcrop acreage, pasture land with fencing, lake, ponds, several building sites and a homestead with several desirable outbuildings.

TRACT 1   72.7 Surveyed Acers

Tract 1 Photos

-Located: Prime location 2 miles South of Kahoka, MO on Hwy. 81 lying in Sect. 1, Twp 64N, R8W, Clark County MO

-Offers: Attractive combination farm, 40.95 +/- acres productive tillable cropland. Balance in fenced pasture, timber draw and pond.

-Access: By Hwy. 81 running along the East side and County Road running along the North.

-Predominant cropland soil types: Armstrong and Adco.

-Note: This tract sells subject to current row crop tenant. Possession on row crop acreage after fall harvest. Possession on pasture land acreage at closing.

TRACT 2   61.5 Surveyed Acres

Tract 2 Photos

-Located: Prime Location! 2 miles South of Kahoka, MO on hwy 81 lying in Section 6, Twp. 64N, R7W Clark County, MO

-Offers: Attractive combination farm, 34.91 +/- acres of productive tillable cropland. Balance in fenced pasture, timber draw, 2 ponds, excellent hwy. frontage building site.

-Access: By Hwy. 81 running along the West side.

-Predominant cropland soil types: Keswick and Adco.

-Note: This tract sells subject to current row crop tenant. Possession on row crop acres after fall harvest. Possession on pasture land acreage at closing.

TRACT 3   42.3 Surveyed Acres

Tract 3 Photos

-Located: 2 1/2 miles South of Kahoka, MO on Hwy. 81, then East on County Road 280 1/2 mile. Lying in Section 6, Twp. 64N, R7W Clark County, MO

-Offers: Attractive combination farm, 20.61 +/- acres of productive tillable cropland. Balance in fenced pasture, timber draw, 2 ponds and barn structure.

-Access by County Road 280 running along the South side.

-Predominant cropland soil types: Keswick, Adco and Leonard.

-Note: This tract sells subject to current row crop tenant. Possession on row crop acres after fall harvest. Possession on pasture land acreage at closing.

TRACT 4   81 +/- Acres

Tract 4 Photos

-Located: 1 1/2 mile South of Kahoka, MO on Hwy. 81, then East on Hwy. H 2 3/4 mile, then East on County Road 281 1/2 mile. Lying in Section 4, Twp. 64N, R7W Clark County, MO

-Offers: 59.5 +/- Acres of productive tillable cropland. 4 +/- acre lake and smaller water structure, barn structure, attractive building site.

-Access by County Road 281 running along the North side.

-Predominate soil types: Adco, Leonard, and Keswick.

-Note: This tract sells subject to current row crop tenant. Full possession given after fall harvest.

TRACT 5   80 +/- Acres

Tract 5 Photos

-Located: 1 1/2 mile South of Kahoka, MO on Hwy. 81, then East on Hwy. H 1 1/2 mile, then East on County Road 182 3/4 mile or access to Hwy. 136 from the East approx. 1 1/4 mile. Lying in Section 33, Twp. 65N, R7W Clark County, MO.

Address: 24252 County Road 182 Kahoka, MO.

-Offers: Attractive combination farm with homestead. 39.87 +/- acres of productive tillable cropland, several acres of fenced pasture land, timber draws, 4 ponds.

-Improvements include: 3 bedroom, 1 bath, 1668 Sq' Ranch style home built in 1965. Home has a 1 car garage, unfinished walkout basement with additional plumbed bathroom, laundry room and fruit storage room. Home has rural water, forced air LP heat and wood burning furnace in basement.

-54x95 Steel Hoop Building

-30x48 Pole Building, open on one side with 15x48 lean to on back, attached 30x36 enclosed shop with cement floor and electric.

-18x48 open sided pole building.

-46x48 Barn structure.

-4500 bu. Silo, 2000 bu grain bin, 2700 bu grain bin.

-Access by County Road 182 running along the North side.

-Predominate cropland soil types: Adco and Armstrong.

-Taxes - 2020 $1473.80.

Note: Home sells with (family Member) occupancy until April 1, 2022. Tract sells subject to current row crop tenant, possession on row crop acreage after fall harvest, possession on pasture land at closing.

OPEN HOUSE
Saturday October 2nd
10:00 a.m.- Noon.

TERMS AND CONDITIONS
-Tracts 1-4 will be sold on a price per acre basis and offered through the method of "buyer(s) choice" giving the successful bidder the opportunity to take any tract or combination. This method will be used until all 4 tracts have been sold.

-Tract 5 will be sold separately on a price per acre basis.

-Tracts 1-3 will be sold based on final surveyed acres. Tract 4 and 5 will be sold based on taxable acres.

-Tracts do not sell contingent to financing.

-All improvement sell "As Is".

-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 day of sale payable to Oak Hill Title Company Escrow and sign into a written contract with the seller(s). The balance of the purchase price on or before November 23, 2021.

-Tracts sell subject to current row crop tenant and occupancy of the home on Tract 5 mentioned above on each individual tract. Cropland sells free and clear of tenent for 2022 crop season.

-The 2021 real estate taxes will be prorated at closing.

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

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

-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 and survey will be available day of sale for review.

AUCTIONEER'S NOTE:

Potential buyers are welcome to view the open land at their own leisure. A public open house will be conducted on the home and buildings on tract 5. Attractive combination farms just a few minutes from town. 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.

The Family of Clifford and Lola Gares, Seller

Dennis W. Smith, Rep. Attorney

Oak Hill Title Company, Closing Agent

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