Tuesday, August 19,2008 04:00 PM  thru  06:00 PM
Tuesday, September 02,2008 04:00 PM  thru  06:00 PM
Thursday, September 11,2008 12:00 PM  thru  02:00 PM

10 miles East of Lafayette, 10 mile West of Kokomo. From the intersection of US 421 & SR 26 at Rossville -
Tracts 1-4: Go to east edge of Rossville on north side of SR 26 and on CR 330W.
Tracts 5-7: Go east on SR 26 to SR 75, then travel north on SR 75 and turn east onto CR 750S.
Tracts 8-9: Go east on SR 26 and turn north of SR 75, then turn east on CR 800S 2 & 1/4 mi. to property.
Tract 10: Travel east on SR 26, turn north on CR 250E.
Tracts 11-14: Go east on SR 26 to CR 250E, then travel north 1 mile to 800S then east.
Tracts 15-19: Go east on SR 26 to CR 250E, then north.
Tract 20: Travel east on SR 26 to SR 29, then go north to CR 600 S, then east. Review brochure maps or go to www.schraderauction.com for details. County road numbers change traveling from Carroll County to Clinton County.

Clinton County Fairgrounds, Frankfort, Indiana at the 4-H Community Building, 1701 S. Jackson Street.

Tract 1: 90 Acres all tillable, except road frontage on SR 26 and open ditch on northern boundary. Tract 1 is adjacent to Rossville in an excellent location. Fincastle-Crosby silt loams, Treaty, and Camden are the predominate soil types on this tract. Ross Twp., Clinton Co.
Tract 2: 15 Acres with 300 ft. of frontage on the north side of SR 26. Close to city limits for future development.
Tract 3: 33 Acres all tillable, except road frontage on CR 330W and open ditch on northern boundary line. Ross Twp., Clinton Co.
Tract 4: 132 Acres with 128 tillable acres and 4 acres wooded. Excellent yield potential. Also contains a 2 story country home featuring 3 bedrooms, kitchen, bath, living and utility room. Ross Twp., Clinton Co. Tracts 1-4 = 268 Acres.
Tract 5: 51 Acres of prime tillable farmland featuring Milford silty clay loam. Excellent yield potential. Democrat Twp., Carroll Co.
Tract 6: 6 Acres with 4+ acres of mixed hardwood trees. Excellent potential building site with road frontage on CR 700S. Rare opportunity to purchase a wooded potential building site in Carroll County. Democrat Twp., Carroll Co. This is a building lot per Carroll County Planning Office. Buyer is responsible for obtaining any subdivision approval and permitting.
Tract 7: 101 Acres with approximately 9 Acres of woodland. Road frontage on CR 100E and CR 750S. Predominately Milford silty clay loam soils - excellent yield potential. Democrat Twp., Carroll Co. Tracts 5-7 = 158 Acres.
Tract 8: 75 Acres mostly tillable with frontage on CR 700S. Sloan silt loam & Cyclone silty clay loam are two of the prime soils found on this tract. Democrat Twp., Carroll Co.
Tract 9: 85 Acres all tillable except road frontage on CR 800S and ditch on north end of this tract. Combine tracts 8 and 9 for 160 acres of productive farmland. Democrat Twp., Carroll Co.
Tract 10: 78 Acres of mostly tillable land with access from County Road 700S, 400E, and 350 E. Excellent yield potential. Burlington Twp., Carroll Co.
Tract 11: 8 Acres with three (3) 40' x 410' hog finishing buildings in excellent condition containing 2,000 pig spaces per building. Call for details on hog facilities. Burlington Twp., Carroll Co.
Tract 12: 10 Acres. Bidders cannot buy seperately, but can combine with Tracts 11, 13 or 14 to add tillable land. Burlington Twp., Carroll Co.
Tract 13: 43 Acres of farmland with frontage on CR 400E and 800S. Excellent yield potential and drainage. Burlington Twp., Carroll Co.
Tract 14: 69 Acres all tillable prime farmland with road frontage on CR 800S. Burlington Twp., Carroll Co. Tracts 11-14 = 130 Acres.
Tract 15: 95 Acres of productive farmland with access on CR 1000N and CR 250E. Warren Twp., Clinton Co.
Tract 16: 8 Acres partly wooded with frontage on CR 250E. Potential building site with a barn. Warren Twp., Clinton Co. This is a buildable lot per the scoring of the Clinton County area planning office. Buyer is responsible for obtaining subdivision approval and permitting.
Tract 17: 121 Acres of productive farmland. Frontage on CR 250E. Warren Twp., Clinton Co.
Tract 18: 104 Acres all tillable, prime farmland, with frontage on State Road 26. Combine tracts 15, 17 & 18 to a total of 320 acres of productive tillable farmland in one contiguous tract. Warren Twp., Clinton Co.
Tract 19: 70 ACRES WITH HOG FACILITIES. Almost 9000 pig spaces in use (approximately 1/2 in nursery spaces and 1/2 in finishing spaces). Total facilities were built for 900 sows farrow to finish. Owners discontinued use of gestation and farrowing facilities in May 2007. Current contract wll be finished in February 2009. Call for details on hog facilities and 300,000 BUSHEL GRAIN SYSTEM. (2) large implement buildings, office, and 60 ft. scales. Modern 5000 sq. ft. home with 5 car garage. Warren Twp., Clinton Co. Tracts 15-19 = 398 Acres.
Tract 20: 30 Acres of prime tillable farmland on CR 600 S. Featuring approximately 90% Cyclone silty clay loam soil. Burlington Twp., Carroll Co.
TOTAL CROPLAND PER FSA IS 1,093 ACRES.
FSA CORN BASE: 970.3, Carroll Co. Direct Yield 111 and 114, Clinton Co. Direct Yield 118
FSA SOYBEAN BASE: 37.5, Carroll Co. Direct Yield 44 and 51, none in Clinton Co. For details call 800-451-2709 or go to www.schraderauction.com
REAL ESTATE TAXES: Clinton Co. Taxes Paid in 2007 on 666 acres of land and improvements = $30,485 ($12 to $14 per acre on land) Carroll Co. Taxes Paid in 2008 on 558 acres of land and improvements = $16,198 ($14 to $20 per acre on land)
SOILS: Soil maps available at www.schraderauction.com.

BUYER'S PREMIUM: A 2% Buyer's Premium will be added to the high bid to arrive at the contract purchase price.
PROCEDURE: The property will be offered in 20 individual tracts, any combination of tracts, or as a whole property. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: 10% of the contract sales price as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cashier's 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.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place on or before October 10, 2008. More detailed schedule available auction day.
POSSESSION: At closing, subject to tenant's harvest of crops, certain manure rights, and a schedule of possession of buildings and grain bins. Call for details or go to website.
REAL ESTATE TAXES: The Seller shall pay the 2008 real estate taxes, due in 2009. The Buyer shall pay all taxes thereafter. The Seller shall pay 2008 ditch assessments.
SURVEY: The Seller shall determine any need for a new survey. Any new survey provided shall be for the perimeter only, when tracts are combined. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres, except on tracts with buildings or a combination including buildings. The survey costs shall be shared 50:50 between Buyer(s) and Seller.
EASEMENTS: The sale of the property is subject to any and all easements of record.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. 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 the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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 Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the auctioneer are final. Seller reserves the right to withdraw tracts from auction.