START: 9/9/2019 6:00 PM END: 10/9/2019 6:00 PM
AUCTION TYPE: Personal Property Auction AUCTIONEER: Shawn Terrel
ONLINE ONLY AUCTION
28+/- Acres * Development Land * I-44 Frontage
ONLINE BIDDING OPENS: Monday, September 9th @ 6:00pm (CST).
ONLINE BIDDING CLOSES: Wednesday, October 9th @ 6:00pm (CST).
REGISTER & BID ONLINE: Go to www.route66auction.hibid.com and register online to bid. All bidding is conducted online only and registration can take up to 24 hours, so please register before the last day.
PROPERTY LOCATION: Lawrence 1137 & Daniel Dr., Mount Vernon, Missouri 65712.
(Watch for auction signs).
LEGAL DESCRIPTION: A 28.96+/- acre tract of land located in the Southeast Quarter of the Southeast Quarter (SE/4 SE/4) of Section, Thirty-one (31), Township Twenty-eight (28) North, Range Twenty-six (26) West, Lawrence County, Missouri.
See “Exhibit A”, (Title Insurance Commitment for complete legal description).
ACREAGE: 28.96+/- acres according to Lawrence County, Missouri.
GENERAL DESCRIPTION: This tract of land development land tract is located on the south side of Mount Vernon, Missouri adjacent to Interstate (I-44). The land is currently in timber with an open field on the west side of the property. The property is suited for development with excellent access from both Daniel Drive on the north side and Lawrence 1137 road on the west. The terrain is mostly level with a drainage stream along the northwest corner. City water and sewage is available, and Mount Vernon is a fast growing community within 30 minutes of Springfield and Joplin. The property sets close to retail giants which include Walmart and McDonalds.
ZONING: Current zoning is agricultural.
TAXES: The 2018 taxes are $26.46 and will be paid by the Sellers.
SOIL TYPES: The principal soil types are Secesh-Cedargap complex, class 2, with (1%-3%) slopes; Hoberg silt loam, class 2e, with (2% to 5%) slopes; Creldon silt loam, class 2e, with (1% to 3%) slopes.
MINERALS: Sellers share of mineral rights (if any) will sell with the surface.
PROPERTY PREVIEW: The property is vacant land and can be previewed at your convenience.
AUCTIONEERS NOTE: The seller has elected to sell this prime development land at auction. This property offers high visibility from the Interstate (I-44) and could be utilized for a variety of future development plans. For questions about the property or the auction, contact Jimmy Parnell with United Country – Lowe Realty (417) 316-1138.
SELLER: Roy O. and Ruth E. Thieman, Joint Living Trust
Susan Cantrall, Trustee
Online Auction Bidders Agreement
THIS IS A LEGALLY BINDING DOCUMENT. IF YOU DO NOT UNDERSTAND THE TERMS AND CONDITIONS AS SET FORTH HEREIN, PLEASE CONSULT AN ATTORNEY PRIOR TO SIGNING.
I ________________________________ (Buyer) agree to immediately enter into a Purchase Contract if I am declared the high bidder (winning bidder) by the auctioneer during the following auction:
A 28.96 +/- acre tract, located in the Southeast Quarter of the Southeast Quarter (SE/4 SE/$) of Section 31, Township 28 North, Range 26 West, Lawrence County, Missouri.
All that part of the Southeast Quarter (SE1/4) of the Southeast Quarter (SE1/4) lying South of I-44 right of way as located, of Section 31, Township 28, Range 26, Lawrence County, Missouri, EXCEPT the North 418 feet of the East 418 feet thereof, AND EXCEPT the South 325 feet of the West 295 feet thereof, AND ALSO EXCEPT All that part of the Southeast Quarter (SE1/4) of the Southeast Quarter (SE1/4) of Section 31, Township 28 North, Range 26 West, Lawrence County, Missouri, described as follows: Commencing at a found iron pin at the Southwest corner of said Southeast Quarter of the Southeast Quarter, thence North 00°26'56″ East along the West line of said Southeast Quarter of the Southeast Quarter, 820.23 feet to a point on the South right-of-way of U.S. Interstate Route I-44; thence North 56°35'06″ East along said South right-of-way line, 254.81 feet; thence continuing along said South right-of-way line North 62°12'56″ East, 21.83 feet to a set iron pin and the point of beginning; thence continuing along said South right-of-way line North 62°12'56″ East, 78.66 feet to a right-of-way marker; thence continuing along said South right-of-way line North 56°35'06″ East, 153.47 feet to a set iron pin; thence departing said South right-of-way line South 12°24'12″ East, 80.00 feet to a set iron pin; thence South 70°50'21″ West, 220.00 feet to a set iron pin; thence North 13°38'02″ West, 30.00 feet to the point of beginning.
By signing below, I agree that I have read and fully understand the Online Auction Bidders Agreement and the Terms and Conditions of this auction.
I fully understand and agree that an Online Auction Bidders Agreement MUST be signed and returned to United Country – Lowe Realty, prior to being allowed to bid in the Online Auction. As a bidder, it is solely my responsibility to contact the auction company at (417) 637-2040 with any questions regarding the auction, purchase agreement or terms & conditions, prior to placing any bids in said auction.
Online Auction Terms & Conditions
19. Pre-Auction Sales: As an exclusive agent for the Seller, the Auctioneer shall present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions, and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion.