TERMS and Conditions: Bidding Begins Online: October 24 2025 Bidding Ends Live: (with Online bidding available) Wednesday, November 5th at 6:30 PM Location of Live Auction: Monroe County Fairgrounds (Address: 4177 State Route 156, Waterloo, IL 62298) Seller reserves the right to accept or reject the high bid. NO MAX BIDDING: THERE WILL NO MAX BIDDING FOR THIS AUCTION, this is NOT ebay style bidding. Whatever number you type in is your bid. COMBINATION BIDS: This property can sell as an individual tract or in combination of the tracts 1-6. Combination bidding will be opened up 10 am on 11/3/2025 if all individual tracts have bids Registration: Proper and complete registration is required to bid. All bidders must provide name, address, phone number and email address to register - To complete the bidding process Property Peddler will require a copy of a current state ID – a Property Peddler Team member will call to request it before approving to bid online. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Buyer should register as early as possible to obtain information about the property and increase the likelihood of being notified of any pertinent changes that take place before the auction. Live auction participants will be able to provide proper identification before the live auction starts on the day of sale. Contract: Successful high bidders will sign in person or electronically the auction sales contract immediately after the sale. Earnest Money: The day of sale, the approved high bidder will deposit a non-refundable payment of 10% down - deposited with Monroe County Title Company. Any stop payment order of a check or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud. Closing: On or before December 13, 2025 Closing Cost: Buyer shall pay the purchase price, plus any customary closing costs. The closing costs may include but are not limited to the following: escrow/closing fees, recording fees, normal pro-rations, and/or document fees such as later date charges or wiring fees brought on by the title company. Any and all fees related to buyer’s financing. Title Company: Monroe County Title Company Mineral Rights: Any mineral rights owned will sell with the property. No mineral search performed. Possession: Subject to current farm lease, possession of tillable ground at fall harvest of 2025, or Jan 1st 2026 whichever comes first. Tax Proration and Responsibility: The Buyer will receive a credit for the 2025 taxes based on the 2024 tax assessment. The 2024 taxes will be paid at or before closing. The Buyer will be responsible for all taxes due after closing. It is understood that the tax credit is calculated using information provided by the Assessor's Office, and it is to the best of the Seller's and Auction Company's knowledge. Neither the Seller nor the Auction Company is responsible for any discrepancies in the tax credit after closing, and any shortage or overage will be the responsibility of the new owner, even if the tax bills do not match the split in the sale. A proration agreement will be signed by all parties purchasing tract one or more tracts. Financing: Your bidding is not conditional on financing, make your arrangements before bidding. Not contingent on appraisal. Survey: is provided and paid for prior to closing. DISCLAIMER AND ABSENCE OF WARRANTIES: Subject to all easements, covenants, and restrictions on record. All information contained herein, and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her independent inspections, investigations, inquiries, and due diligence concerning the property. The figures, estimates, and drawings of acreages and boundary lines in the printed material or on the website are approximate and are not guaranteed. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors, or omissions. It is the responsibility of each bidder to make sure that the Auctioneer is aware of his or her intent to place a bid. Auctioneer disclaims any liability for damages, whether direct, indirect, consequential, or incidental, resulting from bids not spotted, executed, or accepted. Bidders should also be careful to bid on the correct item and ensure that his/her bid is for the amount intended. Auctioneer is not responsible for errors in bidding, and Buyer hereby releases the Auctioneer and waives any claims for bidding errors. The sale is complete when the Auctioneer announces in a customary manner. The auctioneer is not responsible for errors in the internet connection or the functioning of the computer system at that time. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The seller and auction company reserve the right to disqualify or refuse any bid from the person if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer are final, and all announcements made the day of the sale by the Auctioneer will take precedence over printed or spoken information made prior. The Auction Company, Auctioneer, and/or staff of Property Peddler Inc. reserves the right to bid. The auctioneer has the right to cancel the auction. Property Peddler Inc., staff and agents work for and are agents of the Seller Only in an auction situation. IF the buyer has signed an exclusive agency agreement with a Real Estate Broker then the buyer will be responsible for the cost of their buyer’s agency commission. Heirs of the trust have the right to bid. Auctioneer Brad Chandler / IL Lic. # 441.002105 / Broker License # 475.16227