PUBLIC AUCTION
Farmland in Jennings Twp., Van Wert County, OH
THURSDAY, SEPTEMBER 18, at 6 P.M.

Sale Location: Sale to be held at Jehmms Banquet Center, 1109 S. Shannon Street, Van Wert, Ohio.

140 ACRES OF FARMLAND – MULTI-PARCEL SALE

Sale of 140 acres of farmland along State Route 117 in Section 7 South, Jennings Township, Van Wert County.

Tract #1: 80 Acres +/- Approx. 69.35 tillable, 9.75 wooded acres, Section 7 South, Jennings Township, Van Wert County, Ohio.

34.8 Acres Blount Silt Loam BOA
30.777 Acres Pewamo Silty Clay PW
3.77 Acres Morley Silt Loam MRB
9.75 Acres Pewamo Woods
0.91 Acre Roads and Waste
$30,000 deposit required day of sale

Tract #2: 60 Acres +/- Approx 53.81 tillable, 5.09 wooded acres, Section 7 South, Jennings Township, Van Wert County, Ohio.

25.70 Acres Pewamo Silty Clay PW
20.55 Acres Blount Silt Loam BOA
6.23 Acres Blount Loam 2-6% BNB
1.33 Acres Blount Loam 0-2% BNA
5.09 Acres Pewamo Woods
1.1 Acres Roads and Waste
$20,000 deposit required day of sale

* Soil composition from the 2008 Van Wert County Auditor's Records

Farms will be sold by multi-parcel sales method: first offered separately as 2 parcels and then as entire package or separately, selling for whichever brings most money. Bidder registration day of sale required. Financing arrangements to be made prior to sale date.

Click on this link for maps & more information (pdf documents).

80 ACRES IN TRACT #1 – 60 ACRES IN TRACT #2

CONDITIONS:

1. Public Auction Sale subject to Seller confirmation
2. Multi-Parcel Sale Auction: Buyer may bid on each tract individually and/or together
3. Any new bid or combination of bill must raise the total bid by $1,000
4. Registration and bidder number required to bid
5. No bids will be subject to financing
6. Parcels are sold without survey based on County Auditor's Records

TERMS:

1. $30,000 down day of sale for Tract 1 (80 acres)
     $20,000 down day of sale for Tract 2 (60 acres)
     $50,000 down day of sale for Both Tracts 1 and 2 (140 acres)
2. Closing to be on or before October 24, 2008
3. Possession to be upon removal of the 2008 crop or January 1, 2009, whichever occurs first
4. Seller to pay all of the 2008 Taxes. Buyer responsible for 2009 taxes and beyond
5. Seller to furnish a warranty deed and pay prevailing transfer tax

Any changes or deviations announced prior to the sale take precedence over the above terms and conditions.

SELLERS: DARIEN TULLY, HOLLY CICI & JENNIFER ALSPACH

AUCTIONEERS:  Joe Bagley, Managing Auctioneer; Dick Bagley, William C. Straley, CAI , William B. Priest & Richard Miller, Auctioneers; and Chet Straley, Apprentice Auctioneers. All Auctioneers are licensed/bonded in/by the State of Ohio and are acting as agents for the Sellers only.

STRALEY REALTY & AUCTIONEERS, INC.
419 W. ERVIN ROAD
VAN WERT, OH 45891

Everything We Touch ... Turns to SOLD!

Phone:	(419) 238-9733 (800) 727-2021
Fax:	(419) 238-5891
E-mail:	Auctions@StraleyRealty.com