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LAND AUCTION - 879+/- ACRES IN 26 TRACTS IN CASS COUNTY, MISSOURI
Tue, Mar 30, 5:00 PM
Cass County, Missouri - Kansas City Area

Owner: Seba Bros Farms, Inc.
5PM (CST) - 6PM (EST)

SOLD FOR $7,140,000

• 879+/- Acres in 26 Tracts in Combinations or as a whole • Tracts Ranging from 5+/- to 167+/- Acres • 30 Miles South of Kansas City, Missouri • High Percentage Tillable Acres • Irrigated Cropland • 160,000 Bushel Grain Bin Set-Up Being Offered Separately • Several Improvements Including 16,800 Sq. Ft. Shop • 5 House Tracts • Wooded Recreational Land • Online Bidding Available • FARM EQUIPMENT TO SELL MARCH 31ST!

OPEN HOUSE/INSPECTION DATES
Thursday, March 4 from 3-5pm
Friday, March 5 from 8-10am
Thursday, March 18 from 3-5pm
Friday, March 19 from 8-10am
Tuesday, March 30 from 9-11am
Meet a Schrader Representative on Tract 20.

PROPERTY LOCATION
Missouri Line: If heading south on I-49 take exit 175 onto SR-Y. Continue on SR-Y for 12 miles, and the property will begin on your left. If heading north on I-49 take exit 159 near Harrisonville for RT-2 West. Continue on for 16 miles then head north on SR-D. Continue north for a mile and the property will be on your right.
Kansas Line: Take SR-69 until you come to the intersection of W 247th St. Continue on for 4 miles and it will turn into SR-Y. Continue on for a mile through the town of Cleveland and the farm will be on both sides.

AUCTION LOCATION
The Beck Event Space, 210 S Independence St, Harrisonville, MO 64701
Directions to Local Auction Location: From I-49 take exit 159 onto RT-7 North. Continue for 1 mile then turn left onto S Independence St. In 250 ft the property will be on your left, with parking available on the right.

TRACT DESCRIPTIONS
Tract 1: 60± ac 55+/- Tillable Acres - 2.5+/- Wooded Acres
Tract 2: 59± ac 52.5+/- Tillable Acres
Tract 3: 165± ac 154+/- Tillable Acres - 3+/- Wooded Acres - Improvements: Zimmatic 7-Tower Irrigation. City owns irrigation equipment, new buyer must reapply for use.
Tract 4: 5± ac acres with 3 bed, 2 bath, ranch-style home that contains 1,456 sq. ft. The home has a full basement and 2-car basement garage. There is a shingle roof and vinyl siding. Renovated in 2014 with new floors and appliances.
Tract 5: 20± ac 14.5+/- TIllable Acres - 2+/- Wooded Acres
Tract 6: 25± ac 20+/- Tillable Acres - 1.5+/- Wooded Acres
Tract 7: 9± ac with 3 bed, 2 bath, 1,440 sq. ft. ranch style home. There is a full basement that is half finished, steel siding, and composition shingle roof. Home was renovated in 2009. Sits beside a beautiful 1.5-acre pond and has 10 ft.x12 ft. utility shed and 65 ft.x78 ft. gravel floor barn.
Tract 8: 40± ac 14+/- TIllable Acres - 15.5+/- Wooded Acres
Tract 9: 53± ac 30.5+/- TIllable Acres - 9.5+/- Wooded Acres
Tract 10: 6± ac 2.5+/- Tillable Acres - with 2 bed, 2 bath, 1.5-story home. 1,377 sq. ft. on partial basement, steel siding, and composition shingle roof. Built in 1930 and renovated in 1995 with electric and plumbing, new windows, central air and heat.
Tract 11: 23± ac 23+/- Tillable Acres
Tract 12: 73.5± ac 67+/- Tillable Acres - 0.5+/- Wooded Acres
Tract 13: 6± ac with 2 bed, 1 bath, 1,612 sq. ft. one story ranch-style home. Full basement and wood siding. Built in 1975 and remodeled in 2009. Also contains 20 ft.x60 ft. shed, 30 ft.x60 ft. barn, and 24 ft.x36 ft. barn.
Tract 14: 71± ac 26.5+/- Tillable Acres - 39+/- Wooded Acres - Improvements: with access to Massey Creek, proving for great recreational opportunities.
Tract 15: 6± ac 2+/- Tillable Acres - Improvements: a bungalow style home containing 1,064 sq. ft. Home has a full basement with a shingle roof and steel siding. Home was renovated in 2014 with new wiring, plumbing, and central HVAC.
Tract 16: 38± ac 9+/- Tillable Acres - 23+/- Wooded Acres - Improvements: with access to Massey Creek, proving for great recreational opportunities.
Tract 17: 5± ac with 2 bed, 1 bath, one story home containing 1,705 sq. ft. Crawl space foundation, vinyl siding, and composition shingle roof. Also has 60 ft.x48 ft. shed.
Tract 18: 35± ac 24+/- Tillable Acres - Improvements: contains 60 ft.x40 ft. shed and 36 ft.x60 ft. shed.
Tract 19: 47± ac 46+/- Tillable Acres
Tract 20: 50± ac 27.5+/- Tillable Acres - .5 Wooded Acres - Improvements containing a 16,800 sq. ft. machine shed with concrete and gravel floors. Approximately 4,800 sq. ft. is insulated and heated with concrete floors. Has a restroom and pull-over maintenance pit.
Tract 21: 0.0± ac 60 ft.x30 ft. 80,000 bushel grain bin being offered separately. Built in 2012
Tract 22: 0.0± ac 60 ft.x30 ft. 80,000 bushel grain bin being offered separately. Built in 2012.
Tract 23: 0.0± ac 80 ft. grain elevator leg being offered separately. 8,000 bushels/hour with single phase electric. All four drop pipes sell with the leg along with the two 6,000-bushel load-out hopper bins and super structure. Two hopper bins are 18 ft. in diameter and 9-ring.
Tract 24: 0.0± ac Fairbanks weight scale being offered separately. 12 ft.x75 ft. with 8 ft.x10 ft. office.
Tract 25: 60± ac 52+/- Tillable Acres - Improvements: with Zimmatic 5-Tower Irrigation. City owns irrigation equipment, new buyer must reapply for use.
Tract 26: 20± ac 17.5+/- Tillable Acres

PROCEDURE: The property will be offered in 26 individual tracts, any combination of tracts & as a total 879+/- acre unit. There will be open bidding on all tracts & combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations & the total property may compete.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashiers check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, & are capable of paying cash at closing. ACCEPTANCE 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 receivers acceptance or rejection.

EVIDENCE OF TITLE: Receiver shall provide an owners title insurance policy in the amount of the purchase price.

DEED: Receiver shall provide a Receivers Deed(s).

CLOSING: The targeted closing date will be approximately 45 days after the auction.

POSSESSION OF BARE LAND: Possession is at closing. Immediate access for farming activities prior to closing is available with an additional 10% down payment.

POSSESSION OF RESIDENCES: Possession is at closing, subject to the rights of any tenants.

REMOVAL OF EQUIPMENT TRACTS 21,22,23, & 24: If not purchased in a combination with tract 25, shall be removed no later than May 10, 2021.

REAL ESTATE TAXES: Receiver will pay general real estate taxes and special assessments, if any, for the calendar year 2020. Buyer will pay all subsequent taxes and assessments.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries & due diligence concerning the property. Inspection dates have been scheduled & will be staffed with auction personnel. Further, Receiver disclaims any & all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

ACREAGE: The depiction of tract boundaries and acreages are approximate & have been estimated based on available tax parcel data and aerial mapping.

SURVEY: A new survey will be obtained only if necessary to record the conveyance or otherwise deemed appropriate in the Receivers sole discretion. If a new survey is obtained, the survey will be sufficient to record the conveyance (but the type of survey will be determined by the Receiver) and the survey costs will be shared equally (50:50) by the Receiver and Buyer. Any survey of adjacent tracts purchased in combination will show the perimeter boundary but need not show interior tract lines.

AGENCY: Schrader Real Estate & Auction Company, Inc. & its representatives are exclusive agents of the receiver.

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure & all related materials are subject to the terms & conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, & no warranty or representation, either expressed or implied, concerning the property is made by the receiver or the Auction Company. All sketches & dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, & 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 receiver or the Auction Company. Conduct of the auction & increments of bidding are at the direction & discretion of the Auctioneer. The receiver & Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. SCHRADER REAL ESTATE & AUCTION CO., INC.#AC63001504 #AU01005815 #AU09200182260-244-7606

1-800-451-2709

www.schraderauction.come-mail: [email protected]