Saturday, November 10,2007 09:00 AM  thru  11:00 AM
Saturday, November 17,2007 09:00 AM  thru  11:00 AM
Wednesday, November 21,2007 01:00 PM  thru  03:00 PM
Tuesday, November 27,2007 01:00 PM  thru  03:00 PM

Farm #1 14 acres located 1/2 mile north of Cadiz at intersection of Co. Rd. 525W & Co. Rd. 200N. From Hwy. 38 north on 525 to property. Taxes 2007 $1,632.12/yr. Total cropland 13.48 acres per FSA.

Tract 1: 14 acres nice complete mini farm. Bedford stone home with new LP furnace. Central air and good windows. 1,107 sq. ft. home plus detached garage and 34' x 36' barn for your livestock. Productive 13 acres cropland. Don't miss this one!

Farm #2 77 acres located 1 mi. south of Cadiz or at intersection of Hwy. 234 and Co. Rd. 500W. From Hwy. 234 and Hwy. 38, 1 1/2 mi. west on Hwy. 234. All Tracts: Taxes 2007 est. $15/acre. Total cropland 65.7 acres per FSA.

Tract 2: 10 acres all cropland with 600 ft. of frontage on Co. Rd. 500W.

Tract 3: 27 acres all cropland with 600 ft. of frontage on Hwy. 234.

Tract 4: 40 acres (Swing Tract) with est. 30 acres cropland and 10 acres pasture and light works. This tract must be offered to adjoining property owner or in combination of Tract 3.

Farm #3 109 acres located 1/2 mi. south of Kennard on Kennard Rd. at Co. Rd. 250S. Taxes $20/acre/yr. Total cropland 103.9 acres per FSA.

Tract 5: 33 acres with 32.5 acres cropland with est. 1,350 ft. of frontage on Kennard Rd. Great soil types and good drainage access.

Tract 6: 32 acres all cropland with est. 925 ft. of frontage on Kennard Rd.

Tract 7: 4 acres woods and pasture. Est. 650 ft. of frontage on Co. Rd. 250S. Sold subject to Henry Co. Zoning Ordinance. Pretty property. Building site not warranted. See County Zoning Office.

Tract 8: 40 acres all cropland. Good soils and est. 1,290 ft. of frontage on Co. Rd. 250S.

Farm #4 71 acres located 1 1/2 mi. west of Greensboro on Co. Rd. 350S. On south side of the road. Taxes $1,165.54 or $16/acre. Total cropland 66.3 acres per FSA.

Tract 9: 8 acres all cropland with 550 ft. of frontage on Co. Rd. 350S.

Tract 10: 50 acres with 44 acres cropland and 6 acres stream and woods. Approx. 200 ft. of frontage on Co. Rd. 350S. Combined investment income and recreational tract.

Tract 11: 12.9 acres (Swing Tract) with 10 acres cropland. This tract must be bid in combination with Tract 10 or by an adjoining property owner. Note: FSA cropland is 14 acres.

Farm #5 106 acres located at north edge of Greensboro on Co. Rd. 400W on the east side of the road. Taxes $4,326.06/yr. Total cropland 66.9 acres per FSA.

Tract 12: 56 acres with 51 acres cropland and over 800 ft. of frontage on Co. Rd. 400W.

Tract 13: 4 acres with 2,592 sq. ft. farmhouse, garage and 2 barns. Farmhouse has been remodeled. Est. 300 ft. of frontage on Co. Rd. 400W. Here is your place in the country with nice trees.

Tract 14: 46 acres with 15 acres cropland, 28 acres pasture, 3 acres of woods and stream area. Pasture is fenced. Est. 450 ft. of frontage on Co. Rd. 400W. Buy with Tract 12 or 13 for a complete unit.

Farm #6 42.2 acres located 1 mi. south of Spiceland on Co. Rd. 750S. South of Spiceland on Hwy.3 to Co. Rd. 700S then west 1 mi. to Co. Rd. 325W then south 1/2 mi. to Co. Rd. 750S then west 1/4 mi. to farm on the north side. Taxes $580.47/yr. Total crop is 41.82 acres per FSA.

Tract 15: 42 acres all cropland with Approx. 937 ft. of frontage on Co. Rd. 750S. Good soils, nice clean investment tract in good location.

PROCEDURES: The property will be offered in 15 individual tracts, any combination of tracts, or as a total 419+ acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete. Tracts 4 and 11 must be bid in combination or by adjoining landowner.

DOWNPAYMENT: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash; cashiers check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Seller's acceptance or rejection.

EVIDENCE OF TITLE: Sellers shall provide an owner's title insurance policy in the amount of the purchase price.

DEED: Sellers shall provide Personal Representative.

CLOSING: The balance of the real estate purchase price is due at closing, which will take place within 15 days of presentation of title policy.

POSSESSION: At closing estimated on or before January 25th.

REAL ESTATE TAXES: See tract descriptions. Buyer to pay taxes beginning May 2009 and thereafter.

ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.

SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share survey expense 50:50. Combination purchases will receive a perimeter survey only. Closing prices will be adjusted to reflect any differences between advertised and surveyed acreage's.

FSA INFORMATION: Farm #6134, See Agent

EASEMENTS: Sale of the property is subject to any and all easements of record.

MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.

AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusive agents of the seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as the person's credentials, fitness, etc. All decisions of the Auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.