Farmland Auction

January 31, 2008  7:00 p.m.

American Legion Home, Mt. Pulaski, IL

123 acres +/- located in Section 23 & 26 , Laenna Twp., Logan Co., IL

YIELD DATA:  9 year average

                Corn:     156.8

                Beans:     51.9

06 REAL ESTATE TAXES:

02-023-007-00  $1,460.16

02-026-006-00     $217.14

FSA DATA:

                         Base Acres       Direct Yields        CC Yields   

Corn:                   62.3                      132                  147

Soybeans:            52.3                     38                    46

   Total                 114.6

TERMS:  Buyer(s) to enter into a written contract requiring 10% down on the day of the auction, with the balance due upon delivery of deed, at closing, which shall occur within 30 days after the date of the contract.  Seller will furnish a title commitment in the exact amount of the purchase price. The 2006 real estate taxes due in 2007 have been paid. The 2007 taxes due in 2008 will be paid by the seller by allowing the Buyer(s) a credit at closing, which credit shall be based on the most recent information available from the Logan County Supervisor of Assessments. The Owner's interest in coal and mineral rights will be conveyed with the land, if any.  The farm lease with Gary Byard has been terminated and will expire on February 29, 2008.  The purchase price will be determined by multiplying the final per acre bid times 123.  A survey will not be provided by Seller and no warranty is made as to the exact number of acres in the parcel.  Published advertising is considered accurate; however, this information is subject to verification, and no liability for errors and omissions are assumed.  Announcements made on the date of the sale take precedence over printed matters and any oral statements made.  The Seller reserves the right to reject any and all bids.  A copy of the proposed contract and Title Commitment will be available for inspection at the office of Woods and Bates, Attorneys at Law, 306 Clinton Street, Lincoln, IL 62656, (217) 735-1234.

Victor E. & Helen Stoll Heirs

William B. Bates

Woods & Bates Attorneys at Law

306 Clinton Street

Lincoln, IL 62656

(217) 735-1234  bilbates@ccaonline.com

Mike Maske Auction Service

119 S. Lafayette, Mt. Pulaski, IL 62548

(217) 519-3959  IL Lic. # 040000157

www.maskeauction.com