7513 State Hwy 15 , Mexico, MO 65265(Audrain County)

Tract 1: 34 acres consisting mostly of highly productive cropland and wooded draws with a small pond. Access is on County Road 367.

Tract 2: 61 acres consisting mostly of highly productive cropland, woods, and cedar thickets with Skull Lick Creek access. Access is on County Road 367.

Tract 3: 11 acres with an older 4bd-2ba house in need of repairs, storage sheds and access to Skull Lick Creek. Access from highway 15.

Tract 4: 17 acres consisting mostly of woods with some cropland and access to Skull Lick Creek. Excellent homesite! Access from highway 15.

Tract 5: 90 acres consisting mostly of woods with some cropland that would make great food plots and access to Skull Lick Creek. Great hunting and recreation tract. This tract has highway 15 frontage and has been approved by MODOT for an entrance. A 15 corrugated metal pipe 40-60 long would be required for approval. Before the entrance can be constructed, a no cost permit shall be applied for by the new owner. It will then be the responsibility of the new owner to provide material and labor the construction of the entrance.

Tract 6: 6 acres consisting of woods and cropland. Excellent homesite! This tract has highway 15 frontage and has been approved by MODOT for an entrance. A 15 corrugated metal pipe 40-60 long would be required for approval. Before the entrance can be constructed, a no cost permit shall be applied for by the new owner. It will then be the responsibility of the new owner to provide material and labor the construction of the entrance.

iAuction Terms & Conditions

1. PROCEDURE: Bidding ends Wednesday, February 15, 2023 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract. All bids placed are by the Acre.

2. BUYERS PREMIUM: 5% Buyers Premium will be added to the final bid price to arrive at the contract sales price.

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, February 16, 2023 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.

5. BIDDING: Once submitted, a bid cannot be retracted.

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, March 23, 2023.

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.

8. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.

10. REAL ESTATE TAXES: The 2023 Real Estate taxes to be paid by the Buyer(s).

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. This property is subject to prior sale.