Prospectus for 11-18-2013 Bell Real Estate & Personal Property Auction, Odessa, MO

AUCTIONLAND &

PERSONAL PROPERTY

385.63 DeeDeD AcresTrAcT 1146 Acres

T49N-r27W-section 28

TrAcT 2239.63 Acres

T48N – r27W – section 3 & 10

MON., NOv. 18, 2013Personal ProPerty 10:30 a.m. • land noon

For Sale Information Contact

Mike Williams816-797-5450

www.wheelerauctions.com • [email protected]

5231 WeAver school rD. ODESSA, MO

one mile south of the I-70 and M/o interchange (41 mile marker), east on Begeman road one mile and ¾ mile south on Weaver school road to the farm

SELLER: BETTY J. BELL

Lafayette County

[email protected] 3

TABLE OF CONTENTS

Auction Notes ............................................................................................................4

Auction Terms and Conditions .................................................................................5

Tract Maps .................................................................................................................6

Tract Information ......................................................................................................7

Soil Information .................................................................................................. 8-10

Plat Map ...................................................................................................................11

Assessor’s Map .........................................................................................................12

FSA Maps ........................................................................................................... 13-14

Personal Property Listing .......................................................................................15

Photo Gallery ..................................................................................................... 16-21

Auction Sales Contract ...................................................................................... 23-26

AUCTION INFORMATION & NOTES

For Sale Information Contact: Wheeler Auction Representative,

Mike Williams • [email protected] • Website: www.wheelerauctions.com

SALE DAY CELL PHONESChas Wheeler 573-473-2508 • Mike Williams 816-797-5450 • Charlie Nordwald 636-795-4552

• Clint Youse 660-651-4779 • Sonny Ketchum 523-721-2021

Property Location: •Tract1islocated¾milenorthofthe41-milemarkerofI-70andRte.O,thenwest¼mileonBlueBookRoadtothe

property.T49N-R27W-Section28 •Tract2islocatedsouthofthe41-milemarker,interchangeofI-70andRte.MonemiletoBegemanRoadthen¼

mileeasttothebeginningoftheproperty.ThehomeandfarmsteadiseastonBegemanRoadtoWeaverSchoolRoadthensouth¾mile.T48N-R27W-Sections3and10•PhysicalAddressis5231WeaverSchoolRd,Odessa,MO64076

•Salewillbeheldatthefarm,Tract2 •NoBuyersPremiumattheauctionAuction Procedure and Time:WewillsellthePersonalPropertyat10:30a.m.andfollowwiththeLandAuctionatnoon.

Tract1willbeastand-alonetractandsellfirst.Tract2willbeastand-alonetractandsellnext.Wewillnottiethetwoparcelstogether.Ifabuyerwishestobuybothtracts,theywillneedtobethetopbiddertwotimes.

Contracts: Wewillwritelandcontractsontheparcelsimmediatelyfollowingtheconclusionoftheauction.Down Payment:10%downpaymentisdueatthesigningofthecontract.YOUR BIDDING IS NOT CONTINGENT

UPON FINANCING andtheescrowmoneywillbepayabletoandheldbyMid-WestTitleCompany.Closing: AnticipatedclosingonorbeforeTuesday,December17,2013attheofficeofMid-WestTitleCompany, Lexington,MO.Possession:Possessionwillbegivenatclosingsubjecttotenantrights.Tenant right:Thefarmlandpossessionwillbegrantedwhenallthe2013rowcropsareharvested.Thetenanthasuntil

December31,2013tomovethecattleandhislivestockhandlingandfeedingequipment.Thecurrenttenantisinter-estedinsubmittingaproposaltocontinuearentalagreementforboththecropgroundandpastureifthenewbuyerdeemsfeasible.

Taxes: The2012taxestotaling$563.02onTract1and$2,310.92onTract2arepaidandthesellerwillpaythe2013Taxes.Thenewbuyerisresponsibleforthe2014taxesandbeyond.

Survey: Ascurrentlegaldescriptionsareinplace,thereisnoneedforasurvey.Other Information: •OdessaSchoolDistrict •WestCentralCo-opUtilities •RuralWaterDistrict#2ofLafayetteCo. •SepticSystemwithlateralsarecontainedonTract2 •Tract1hasutilitiesaccessbutnoneontheproperty. •Ahand-dugwellwithdepthunknown,isdisclosedandlocatedinthenorthwestcornerofTract1. Thiswellhasbeendozedin,coveredandfarmedover.Itslocationisnearatileoutletandterrace. •4coveredcisternsarelocatedintheoldfarmsteadareasouthwestofthehomeandgrainbin.

Auctioneers Note: Mrs. Bell, at a young 85, has chosen to give up the farming lifestyle and move to Higginsville. With that, we are honored to be a part of her decision to sell most of her personal property and two great farms that have served her well. These farms are highly productive, located conveniently, very well kept and offer a history of outstanding farming practices and conserva-tion. We invite you to be with us on Monday, November 18, 2013, visit with Mrs. Bell, and exercise your option to purchase some of this outstanding Lafayette County Land. Chas & Mike

[email protected] 5

AUCTION TERMS & CONDITIONSProcedure:Sellpersonnelproperty,Tract1@146acresm/[email protected]/l.Eachtractisastand-alonetractandtheauctionprocesswillnottiethetractstogether.Landwillsellbytheacrevalue.Sellswithconfirmationofbidpricebuytheseller.Down Payment:Tenpercent(10%)downpaymentthedayofauction,uponsigningapurchaseagreementimme-diatelyfollowingthecloseofbidding.Thedownpaymentmaybepaidintheformofpersonalcheck,businesscheck,orcashierscheck.Theremainderofthepurchasepriceispayableatclosingwithin30days.YOURBIDDINGISNOTCONDITIONALUPONFINANCING,Besureyouhavearrangedfinancing,ifneeded,andarecapableofpayingthebalanceatclosing.Title: Sellersshallprovideandexecuteaproperdeedconveyingtherealestatetothebuyer(s).Sellertopayfortitleinsurance.Possession: Possessionwillbegivenatclosing.Subjecttostatedtenantrights.Real Estate Taxes: Therealestatetaxesfortheyear2013shallbepaidbythesellerandbuyersshallberesponsiblefor2014forallperiodsthereafter.Mineral Rights: Thesaleshallinclude100%ofthemineralrightsownedbythesellers.Easements:Saleofthepropertyissubjecttoanyandalleasementsofrecord.Acreage:Allacreageisdeterminedfromtaxdocuments,currentlegaldescriptions,andassessors’maps.Survey: Anyneedforasurveyshallbedeterminedsolelybythesellers.Atsellers’option,sellersshallprovideasurveyforanyparcelwherethereisnoexistinglegaldescriptionorwherethetractdivisionscreatenewboundaries.Closingpricesshallbeadjustedtoreflectanydifferencebetweenadvertisedandsurveyedacres.Closing:AnticipatedclosingdateshallbeonorbeforeTuesday,December17,2013oronadatemutuallyagreeduponbythebuyer(s)andthesellers,conductedattheofficeofMid-WestTitleCompany,525S13,Lexington,MO64067Phone660-259-4631Agency: WheelerAuctions&RealEstateanditsrepresentativesareExclusiveAgentsforthesellers.Disclaimer:Thepropertyisbeingsoldonan“asis,whereis”basis,andnowarrantyorrepresentation,eitherexpressorimplied,concerningthepropertyismadebyeitherthesellersortheauctioncompany.Eachbidderisresponsibleforconductingitsownindependentinspections,investigations,andallduediligenceconcerningthepropertyandtheauction.Informationcontainedinthisbrochureissubjecttoverificationbyallpartiesrelyingonit.Diagrams/di-mensionsinthisbrochureareapproximate.Acreageisestimated.Allinformationcontainedinthisbrochureandanyrelatedmaterialsaresubjecttothetermsandconditionsofsaleoutlinedinthepurchasecontract.Auctionconductandbiddingincrementsareatthesoledirectionanddiscretionoftheauctioneer.Alldecisionsoftheauctioneerarefinal.ThesellersandtheAuctionCompanyreservetherighttoprecludeanyonefrombiddingifthereisaquestionastotheperson’scredentials,fitness,intent,etc.

New Data, Corrections and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.

6 wheelerauctions.com

TRACT MAPSBell Farm ~ Lafayette County

TRACT INFORMATIONTRACT 1 This146-acrefarmlaysnorthofI-70inLafayetteCountyandisap-proximately112acrescurrentlyinsoybeans.Thisfarmisveryfertileandcontinuouslymaintainstopyieldsinthearea.TheKCSrailroadtractsdividethepropertyandhaveanewcrossingtoeasilyaccessthenorthernhalfofthefarm.14.6acresofthistractisintheTaboWatershedDrain-ageSystem. Longcroprowsandlevelterrainmakethisadesirablepieceoflandtofarm.ThisfarmwillbeinthetoptieroflandswewillhaveachancetoauctioninLafayetteCountythisfall. 2012Taxeswereintheamountof$563.02

A total of $16, 283.47 has been spent in the last year and a half on tile work for both farms. As expected, it has given a major boost to crop production and all of the cur-rent row cropland has benefited from this improvement. Tract 1 had 3920 foot of tile placed on it and Tract 2 had 3647 ft. laid on it.

TRACT 2 This239.63 acre farm thatBetty calls home is a great row-crop andcattleplace.Thereisapproximately184acresdeemedtillable,although76acresofthatarecurrentlyinpastureandhayground.LookingattheFSAmapandthefarmitself,onecouldeasilyaddanother50acrestothecurrentrowcroplandof105acreswhichcarriedanoutstandingcorncropin2013.Thebalanceofthefarmacreageisinwaterways,timber,pondsandfencerows. A,like-newbut,10-year-oldgrainbinandfanwitha5400+/-bushelcapacityiseasilyassessablesettingjustwestofthehome. Betty’sresidenceisaverynicebrick3-bedroomhomewithafullunfin-

ishedbasementandattachedgarage. This 1300 sq.ft.home,builtin1995,hascen-tral air and all electric heat.With a convenient ranch-style layout, it is very clean,well-builtandwillsatisfythemostdiscriminatingbuyer.2012taxesonthehomeplacetotaled$2310.92


SOIL INFORMATIONTract #1

[email protected] 9

SOIL INFORMATIONTract #2 - Northern Portion of the farm


SOIL INFORMATIONTract #2 - Southern Portion of the farm

[email protected] 11

SOIL INFORMATIONTract #2 - Southern Portion of the farm

PLAT MAP


ASSESSOR’S MAP FSA MAPTract #1

Tract #1

Tract #2


FSA MAPTract #1


FSA MAPTract #2

BETTY BELLPERSONAL PROPERTY


BETTY BELLPERSONAL PROPERTY

SELLINg AT 10:30 A.M.MONDAY, NOvEMBER 18, 2013

FARM EQUIPMENT & MISC.Hay RingsCreep FeedersCattle TroughsSteel PostsHog Wire6’ Woods 3 Pt. Hitch Brush CutterNew Elec. Gallagher FencerNew Role Of 4 Barbed WireNew Craftsman 15 Gallon Air CompressorSmall Tool Chest

FURNITURE & HOUSEHOLD2 SofasCoffee TableBlue Recliner5 Bar Stools4 Wooden Chairs Dining Room HutchSmall TableSet Folding Tv Trays

Day BedHoover Shampoo-PolisherTrash ContainersMisc. TowelsBeddingPicturesClocksWhat-Notes And More

APPLIANCESWhirlpool Refrigerator FreezerMaytag Washer And DryerMisc. Pots And PansMisc. DishesKenmore 13 Cu Ft. Freezer

OUTDOOR MISC.Misc. Garden ToolsPush MowerLike-New Massey Ferguson 2412 Riding Lawn Mower

Picnic Table And BenchesLawn SeederLawn ChairsYard Bench

ANTIQUES & COLLECTIBLESOld TrunkMisc. Kerr And Mason JarsWash TubAntique Child Chair

MISCELLANEOUSPing Pong Table4 Rolls Of Plastic Snow FenceBarrier FencingSteel Clothes RackGarage Sale Signs


PHOTO GALLERYPersonal Property & Home

PHOTO GALLERYLand


PHOTO GALLERYLand

Soybeans ~ Tract #1

Crossing for north/south access of Tract #1Soybeans ~ Tract #1

Bean CropTract #1


West entrance to Tract #1 Northwest corner of Tract #2 along Begeman Road

Corn CropTract #2

Waterway Tract #2

Lake on Home Farm Tract #2

Hay ground on Tract #2


A freeze-proof stock waterer sits behind the dam on one lakeof the pasture along Weaver School Road

Pasture entrance on Tract #2

Comfortable pasture land on the Bell Property Corn crop Tract #2

Tract #2 Home Farm Pasture along Weaver School Road


5400+ bu. capacity

Quonset shed on Tract #2An abandoned well lies to the west of this shed, pasture and near the fence line, which separates the cornfield and pasture. The con-dition and depth of the well is unknown. Many years ago, this well served the stock needs on the original farmstead.


Tract #2 along Weaver School Road

Tract #2 along Begeman Road


AGREEMENT TO PURCHASE REAL ESTATE ATPUBLIC AUCTION

THISAGREEMENTTOPURCHASEREALESTATEATPUBLICAUCTION(latercalledthe“Agreement”),madeandenteredintoasofthis18thdayofNovember,2013byandbetweenBettyJBell,ownerandJennieL.Himes,AdministratoroftheBettyJ.BellRevocableTrust(collectivelylatercalledthe“Seller”),and_______________________________________________________________________________________________________________________ (later called the“Purchaser”),asthehighestbidderontheproperty(asdefinedinParagraph1)atthepublicauctiononthisdate(the“Auc-tion”),ismadesubjecttothefollowingterms,covenantsandconditions:

1.PROPERTY:SelleragreestosellandPurchaseragreestopurchasetract(s)___________soldasatotalamountand/ortract(s)____________soldonaperacrebasiswithapproximately_____________totalacresofrealestatesituatedinLafayetteCounty,Missouri.PurchaserherebyacknowledgesandunderstandsthatthePropertyisbeingsoldonan“asiswhereis”basis.PurchaserfurtheracknowledgethatthisagreementisnotcontingentuponfinancingandthatfailuretoclosethistransactiononorbeforeTuesday,December17,2013duetoanydelaycausedbyPurchasershallconstituteaforfeitureoftheEarnestMoney.

2.PURCHASEPRICE:PurchaseragreestopaytotheSellerthetotalsumof___________________________________________________________(the“purchaseprice”)subjecttoacreagedeterminationbysurvey.Purchasepriceisfiguredfrom____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________.

Uponexecutionofthisagreement,thePurchaserwillpaybycheckandnotincash_________________________________________________________(whichamountisequaltotenpercent(10%)ofthePurchasePriceasEarnestMoneymadepayabletoandtobeheldintheescrowaccountofMid-WestTitleCompanyasescrowagent,thereunderfordeliverytotheSelleratthetimeofclosingorasotherwiseprovidedforherein.

ThebalanceofthePurchasePriceshallbepaidbyPurchasertotheSelleratclosingincashorformofpaymentacceptabletotheSeller.

3.TITLE:SellershallfurnishPurchaserwithanOwnersTitleInsuranceCommitment(TitleCommitment),issuedbyMid-WestTitleCompany.TheTitleCommitmentshallcommitthesubjecttitlecompanytoissuePurchaseritsstandardowner’spolicyintheamountofthepurchaseprice,showingtitletothePropertyinthenameoftheSeller.IntheeventthattheSellerisunabletoconveythePropertyinaccordancewiththetermsofthisagreement,Purchasershallelecttoeither(a)takethePropertyencumberedwiththeobjectionableexceptionstothetitleandwaiveanyandallobjectionstheretowithoutabatementofthePurchasePrice,or(b)receivearefundoftheEarnestMoney,anduponsuchrefundbeingmade,thisAgreementshallterminateandbeofnofurtherforceandeffect.

4.SURVEY:Ifsurveyisnecessary,surveyshallbeprovidedatsellersexpenseanewsurveyreflectingthelegaldescription,acreageandboundarylinesforanyTractofthePropertywherethereisnoexistinglegaldescriptionorwherenewbound-ariesarecreatedbythedivisionsofTractsattheAuction.AnyneedforasurveyshallbedeterminedatthesolediscretionoftheSeller.IfanewsurveyisdeterminedtobenecessarybytheSeller,thePurchasePriceshallbeadjustedtoreflectanydifferencebetweenthebidacreageandthesurveyedacreage.PurchaserwillthenhavearevisedPurchasePricecalculatedbyMultiplyingthesurveyedacreagebytheactualPurchasePriceperAcreindicatedinParagraph2.

5.CLOSINGANDPOSSESSION:The“Closing”shalltakeplaceonorbeforeTuesday,December17,2013,attheofficeofMid-WestTitleCompany,545SouthHWY13,Lexington,MO64067andatatimedesignatedbytheSellerandagreeduponbyPurchaser.ConcurrentlywiththeClosing,PurchasershallpaytotheSellerthePurchasePrice,lesstheEarnestMoneyasprovidedforherein.UponfullreceiptoftheentirePurchasePricebySeller,SellershalldelivertoPurchaserspecialwarrantydeedsfromeachsellingentityconveyingtitleinthepropertytothePurchaser.Purchasershallpaythe


chargeforrecordingtheDeed.SellerandPurchaseragreetoexecuteanyrealestatetransferdeclarationsrequiredbythestate,countyormunicipalityinwhichthePropertyislocated.TheSellerandPurchaseragreetoprovideandtoexecutesuchfurtherdocumentsasmaybenecessaryorcustomarytoclosethisAgreement(e.g.,SellerAffidavit;FITPTAAffidavit;Organizationaldocumentsandclosingstatement)andequallyforclosingcosts.PurchasershallbeentitledtopossessionofthepropertyontheClosingdate.

6.CASUALTY:SellerwillkeepthePropertyandImprovementsinsureduntilclosing.Iftheimprovementsontheprop-ertyaresubstantiallydamagedordestroyedbyfireorothercasualtypriortoclosing,thenBuyerwillhavetheoptionofacceptingalloftheinsuranceproceedsandproceedingtoclosethisAgreement,orterminatingthisAgreement.IfthisAgreementisterminatedduetothisparagraphthentheearnestmoneywillbereturnedtotheBuyer.

7.WARRANTIES: Purchaseracknowledges thatPurchaserhasbeengivenanopportunity fora full inspectionof thepropertyandrelatedinformationandfurtheracknowledgeswithrespecttothisagreementthatPurchaserissatisfiedinallrespectswiththeconditionofthePropertyandallmatterspertainingthereto.PurchaseracceptstheProperty“asis”andinitspresentconditionwithPurchaserassumingriskthereof.PurchaserunderstandsthatSellermakesnowarrantyorrepresentationofanykind,eitherimpliedorexpressedorarisingbyparticularpurposeofthePropertyoranyportionthereof,andinnoeventshallSellerbeliableforconsequentialdamages.PurchaseracknowledgesthatSellerhasnotagreedtoperformanyworkonoraboutthePropertyasaconditionofPurchaser’spurchaseofit.

8.MINERALRIGHTS:Onehundredpercent(100%)ofthemineralrightsownedbySellerwithrespecttotheProperty,ifany,shallbeconveyedtoPurchaseratClosing.

9.REALESTATETAXESANDASSESSMENTS:RealEstatetaxesforthecalendaryear2013shallbepaidbytheseller_.PurchasershallassumeandpayrealestatetaxesforthePropertyforallperiodsthereafter.

10.DEFAULT:IfPurchaserfailstoperformanyobligationimposedbythisAgreement,SellermayservewrittennoticeofdefaultuponPurchaserandifsuchdefaultisnotcorrectedwithinten(10)daysthereafter,then,attheoptionoftheSeller,thisAgreementshallterminateandtheSellershallbeentitledtoretaintheEarnestMoneypaidhereunderasliquidateddamages.TheforegoingremedyintheeventofdefaultisnotintendedtobetheexclusiveremedyofSeller,andSellershallhavetherighttoseekanyotherremediesavailableat laworequity, includingbutnot limitedtospecificperformance.DefaultbyPurchasershallentitleSellertocourtcostsandreasonableattorney’sfeesincurredinenforcingtheprovisionofthisAgreement.

IntheeventoffailureofSellertoperformtheobligationsimposedbythisAgreement,Purchaser’ssoleremedyhereunderistoterminatethisAgreementandreceivearefundoftheEarnestMoneyuponsimilarnoticeserveduponSellerandsimilarexpirationtimeperiod.

TheEscrowAgent,uponreceivinganaffidavitfromthenon-defaultingpartystatingthatthisAgreementhasbeentermi-natedasprovidedherein,shallbeentitledtorelyuponsuchaffidavitandshalldelivertheearnestmoneytothenon-de-faultingparty.

11.ENVIRONMENTAL: ThePurchaseracknowledges that theSellerhasnotmadeandherebydisclaimsanyandallrepresentationsandwarranties,eitherexpressor implied,regardingtheenvironmentalconditionoftheProperty. ThePurchasershallrelyuponitsownindependentinvestigation,inspection,inquiry,analysis,andduediligencetoevacuateandascertaintheenvironmentalconditionoftheProperty.ThePurchaserhasbeenadvisedthatthePropertyisbeingsold“asis,whereis”andthatSellerisnotrepresentingorwarrantingthattheconditionofthePropertyisinaccordanceorcom-pliancewithanypast,present,orfuturefederal,stateorlocalenvironmentallaws,regulations,requirements,orstandards.

Asamatterofcorporatepolicy,SellermakesitapracticetoexpresslyadviseanypurchaserthattheimprovementsonthePropertyincludematerials,whichmaycontainasbestos,andencouragesPurchasertoinvestigatespecificallywhetheras-bestoscontainingmaterialsexistontheProperty.


12.PROVISIONSRELATINGSPECIALLYTOSELLER/TRUST/TRUSTEES/EXECUTORANDTHEIRRESPECTIVESPECIALCIRCUMSTANCES:Trustee/ExecutorDisclaimer.EachfiduciarycomprisingSellerexecutesthisinstrumentonlyinitsrepresentativecapacityandshallnotbeboundorobligatedhereunderexceptinsuchcapacity.Purchaserac-knowledgesandagreesthatthisAgreementismadebysuchfiduciariessolelyintheirfiduciarycapacityasdescribedinthesignaturesaffixedhereto,andthatsuchfiduciariesshallnotbeliableforanybreachoranyfailuretoperformanyobligationunderthisAgreementexceptfromassetsheldinthefiduciarycapacitydescribed.

13.PROVISIONSRELATINGTOTHEAUCTIONCOMPANY/AUCTIONEER/BROKERS/FINDERS/AGENTS:(a)ThisAgreementissolelybetweenSellerandPurchaser.WheelerAuctions&RealEstate,L.L.C.(the“AuctionCompa-ny”)anditslicensedauctioneersareemployedbytheSeller.TheAuctionCompanyanditsauctioneersshallnotbeliablefor anypatentor latentdefectsordeficiencies existing in theProperty, improvementsorother appurtenant structuresthereon,norforanyinformationprovidedtothePurchaser.ThePurchaseracknowledgesthatithasconducteditsownindependentinvestigations,inspections,inquiriesandduediligenceconcerningtheProperty.

(b)Commission.NotwithstandinganyotherprovisionsofthisAgreement,therighttocommission,ifany,payabletoanyagentrepresentingeitherpartytothisAgreementshallnotvestuntilthetransactionisclosed,andshallbepayableonlyoutofproceedsofclosingandsaidagentshallhaveequalrighttoanyportionofEarnestMoneyforfeitures.

14.IRS1031TAXEXCHANGEDECLARATION(Optional):Itisagreedbetweenthepurchaser(s)andseller(s)thatamaterialpartoftheconsiderationtothePurchasersforpurchasingisthatthePurchaserhastheoptiontoqualifythistransactionaspartofatax-deferredexchangeunderSection1031oftheInternalRevenueCodeof1986asamended.SellersagreethatPurchasermayassignthisAgreementtoanexchangeintermediaryofPurchaserschoice.Purchaseragreesthatanyandalladditionalexpense,ifany,shallbebornebyPurchaserandSellersagreetofullycooperatetocompletetheexchange.

Sellerhereunderdesirestoexchange,forotherpropertyoflikekindandqualifyingusewithinthemeaningofSection1031oftheInternalRevenueCodeof1986,asamendedandtheRegulationspromulgatedthereunder,feetitleinthepropertywhichisthesubjectofthisContract.Sellerexpresslyreservestherighttoassignitsrights,butnotitsobligations,hereundertoaQualifiedIntermediaryasprovidedinIRCReg.1.1031(k)-1(g)(4)onorbeforetheclosingdate.

15.MISCELLANEOUS:(a)Jurisdiction.ThisagreementshallbeconstruedinaccordancewiththelawsoftheStateofMissouri.AnyprovisionofthisAgreementwhichisunenforceableorinvalid,ortheinclusionofwhichwouldaffectthevalidity,legality,orenforce-mentofthisAgreementshallbeofnoeffect,butalltheremainingprovisionsoftheAgreementshallremaininfullforceandeffect.

(b)EntireAgreement.ThisAgreementcontainstheentireagreementofthepartiesandnorepresentations,warrantiesoragreementshavebeenmadebyeitherofthepartiesexceptassetforthinthisAgreement.

(c)Heirs,SuccessorsandAssigns.ThisAgreementshallensuretothebenefitofandshallbebindingupontheSellerandPurchaserandtheirrespectiveheirs,successors,andpermittedassigns,provided,however,thatPurchasermaynotassignitsrightsorobligationshereunderwithoutthepriorwrittenconsentoftheSeller.

(d)TimeisOftheEssence.ThetimeforperformanceoftheobligationsofthisAgreementisoftheessence.

(e)Notice.AllnoticesshallbeinwritingandshallbedeemedtohavebeenproperlydeliveredasofthetimeofdeliveryifpersonallydeliveredorasofthetimedepositedinthemailsystemsifsentbyUnitedStatescertifiedmail,returnreceiptrequested,andpostageprepaid.

16.FSA/NRCS:Sellerisobligatedtomaintain(ifany)thecurrentFSAProgramandBasisontheabovelistedrealestate.BuyeragreestothedivisionofFSAProgramdataasapercentofcroplandacrespertract.BuyerassumestheresponsibilityofanyandallFSAorNRCSProgramscurrentlyinplace.BuyerwillberequiredtomaintainandcomplywithFSAregu-lationsoftheCRPcontract.


17.TenantRights:Presenttenant’srightsprevailifany.

18.SPECIALAGREEMENTS(ifany): TenanthasuntilDecember31,2013tomovethecattleandhislivestockequipment.Possessionofthehomeis atclosingorwhenBettyBellhasmoved,onorbeforeDecember31,2013.Possessionofthefarmgroundis atclosing,orwhenall2013cropsareharvested.

______________________________________________________________________________________

______________________________________________________________________________________

IN WITNESS WHEREOF, the parties have executed this Agreement in three counterparts, each of which shall be deemed an original instrument, as of the day, month and year first above written.

SELLER: PURCHASER:

BettyJ.Bell____________________________________ ________________________________________

JennieL.Himes ________________________________ ________________________________________AdministratoroftheBettyJ.BellRevocableTrust ________________________________________

Address_________________________________

________________________________________

City,State,Zip____________________________

________________________________________

Phone__________________________________

Title Company Contact: E-Mail__________________________________ Mid-WestTitleCompany-Mr.CraigWilliams545SHWY13 LenderContactLexington,MO64067Phone660-259-4631 _______________________________________E-Mail:[email protected] _______________________________________

Prospectus for 11-18-2013 Bell Real Estate & Personal Property Auction, Odessa, MO

Documents

Transcript of Prospectus for 11-18-2013 Bell Real Estate & Personal Property Auction, Odessa, MO