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LAND & EQUIPMENT AUCTION - 241+/- ACRES OFFERED IN 7 TRACTS IN JACKSON COUNTY, OHIO

Oak Hill, Ohio - Jackson County, Ohio - Madison Twp.

Owner: Lewis Turkey Farm, Inc. Real Estate Wed, Mar 15, 2017 EASTERN
Equipment & Personal Property at 12:00 PM EASTERN

AUCTION IS OVER

TOTAL SOLD: $775,000

Tract(s): 1-4	@ $295,000	($3,524/acre)
Tract(s): 5	@ $53,000	($3,375/acre)
Tract(s): 6	@ $210,000	($8,713/acre)
Tract(s): 7	@ $217,000	($1,883/acre)

• 241+/- Acres offered in 7 Tracts • Turkey growing & processing facility • 96+/- FSA Tillable Acres • 2017 Crop Rights to Buyer • Mix of flat tillable land & rolling pastures • Abundant frontage on Thurman Rd. and OH SR 279 • (3) Turkey Barns with USDA Approved Processing plant • Fenced pasture with improved pond & watering system • Brick Ranch house, Morton Style machinery shed • Livestock barns, Feedlot, grain bins & More! • MUST SEE! • Online Bidding Available • 5 Miles northwest of Rio Grande, Ohio • Lewis Turkey Farms - Thurman, Ohio • The Lewis Farm presents an outstanding opportunity for the crop farmer, cattleman, rural home buyer, or specialty farm enthusiast. Come examine all of the possibilities!

OPEN HOUSE/INSPECTION DATES

Wednesday Feb. 22nd: 10 AM-12 Noon
Friday March 3rd: 10 AM-12 Noon
Friday March 10th: 10 AM-12 Noon
Meet a Schrader Representative at Tract 6 Or Call for a Private Showing!

PROPERTY LOCATION

From US 35, travel south of Jackson, Ohio 14 miles to OH SR 279. Then right. Continue on SR 279 3/4 mile to Thurman Rd. Turn right & travel 1/2 mile to the farm on both sides of the road. (Also frontage on SR 279). From the south, travel on US 35 - 5 miles north of RIO GRANDE, OH to OH SR 279.

AUCTION LOCATION

LEWIS TURKEY FARM, 961 Thurman Rd., Oak Hill, OH 45656

TRACT DESCRIPTIONS

Tract 1: 32.5± ac nearly all tillable. 1,450 ft.+/- ft. of frontage on SR 279. Productive tillable land with Omulga & Stockly soils. Nearly level field for ease of farming operation. This is a nice size tract that presents a good investment opportunity.

Tract 2: 16± ac nearly all tillable. 700 ft.+/- ft. of frontage on Thurman Rd. Great potential building site or continue to farm this level highly productive tract.

Tract 3: 19.5± ac with 19+/- FSA tillable acres. Quality Doles and Piopolis soils. Bordered on the south by an open ditch.

Tract 4: 18± ac Quality Doles and Piopolis soils. Bordered on east by an open ditch. This tract features a 2-story livestock barn with concrete floor and center u-trough feed bunk (feedlot), silo w/unloader, 5k bushel grain bin and a 9 ton and 14 ton Bulk bin. Municipal water available at the road.

Tract 5: 16± ac nearly all tillable. Features Omulga and Stokly soils bordered on the east by an open ditch. 450 ft.+/- ft. of frontage on Thurman Road.

Tract 6: 23± ac with TURKEY OPERATION including house, buildings and barns. This is an unprecedented opportunity with the following improvements: 3,000+/- sf brick ranch house with full basement, electric forced air furnace, 3 BR, 1 bath and 2-1/2 car attached garage. 200 amp service. Ready for your remodel.
(3) Turkey Barns each w/14T Bulk Bins, Barn #1: 288 ft.x64 ft., updated electric and insulated roof and sides, Barn #2: 224 ft.x64 ft. w/concrete side walls, insulated roofs and sides and 5 lg. entry doors, Barn #3: 224 ft.x64 w/concrete sides and 5 large entry doors. All barns have water electric and concrete access pads
SHOP/ Machinery Shed built in 1996, 224 ft.x64 ft.
USDA Approved Poultry Processing plant (Major renovation in 1992). (2) walk-in coolers, 24 ft. Avisertion Line, (Contact Agent for included equipment).
These buildings could easily be converted for multiple uses, or investigate the opportunity of continuing in the specialty poultry business.

Tract 7: 116± ac of improved fenced pasture. 700+/- ft. of frontage on Thurman Rd. This tract has a pond and (2) springs. Nice barn w/stalls and plenty of room for livestock, hay, and equipment storage. Electric and municipal water at the barn. Ready for your livestock OR examine the possibility of making this a potential building site w/room to grow.

The Lewis Farm presents an outstanding opportunity for the crop farmer, cattleman, rural home buyer, or specialty farm enthusiast. Come examine all of the possibilities!

EQUIPMENT & PERSONAL PROPERTY

TRACTORS - SPRAYER - COMBINE

1982 JD 4440 Tractor, CAH, Quad Range Trans, 18.4-38 rears, snap-on duals, 2 remotes, S#-067352, ONLY 3,524 hrs

1980 JD 4240, Quad Range, 430/80R/38 rears, 2 remotes, S#018923, ONLY 2,360 hrs

1986 MF 375 Tractor MFWD, sold w/ MF 836 front-end loader, 2 remotes, 16.9-28 rears, Syncro-12 Transmission S# U30032w/ ONLY 2,162 hrs

1956 Ferguson # 35, restored, gas, 4,506 hrs, one owner

IH Farmall Cub with cultivators, restored

JD 600-A Hi-Cycle Sprayer, diesel

1984 JD 6620 Combine, Turbo dsl., ONLY 3320 hrs, S#-X600637, clean unit

JD 216 Grain Platform

DOZER - BACKHOE - GRAIN TRUCK - TRAILER

JD 350C Dozer, 6-way blade

IH 3082 Backhoe Attachment, 3pt.

1978 GMC CE 2-Ton Truck with Dump Bed, grain sides

1994 Corn Pro 24 ft Flatbed Trailer, new brakes and wiring March 2016, fold-down ramps, dovetail

2001 Honda Forman Four-wheeler

Bobcat hydraulic Post Hole Auger attachment, 6 in. & 12 in. augers

HAY EQUIPMENT - JD ROTORY MOWER

JOHN DEERE CX 15 Batwing Mower, 15 ft., heavy duty, nice

John Deere MoCo 920 mower conditioner, needs turtles/blades replaced, 9 ft. cut

John Deere 338 Square Baler, string-tie, nice

New Holland 258 Rolla-bar Rake w/front dolly wheel

KUHN GF 5202 THA, 4 basket tedder, nice

KUHN SR110 Speed Rake, nice

New Holland Stackliner 1033, square bale stacker

Bale Handler Hay Grapple

2 flat-rack Hay Wagons, heavy gears

25 ft. Hay Elevator w/electric motor

JD DRILL - TILLAGE

JOHN DEERE 750 No-till drill, 15 ft., Grass seeder attachment, Yetter markers, front dolly, nice, S#001478

Brillion 15 ft. Culti-Mulcher

Dunham Lehr #35, 10-shank Chisel Plow

JD 2600 Plow, 4 bottom

International Disk 14 ft.

LIVESTOCK EQUIPMENT - GRAIN-O-VATOR

Schular 175B Silage Wagon

Grain-O-Vator with hydraulic auger

Priefert Cattle squeeze chute w/head gate and palpation cage

(4) Round Bale Rings

(20) Concrete Feed Bunks 8ft x 3 ft

(3) Wood Mineral Feeders

TOBACCO EQUIPMENT - MISCELLANEOUS

Granville Bacca-Baler, Large BaleTobacco Baler with scales

2 Row Tobacco Setter

(200)+ Tobacco Sticks

(6) Tobacco Rail Wagons

Various small tools, air tools, generators, hay forks, attachments and much more!

USDA APPROVED PROCESSING EQUIPMENT

Hollymatic 50lb. Proportioner Stuffer

Butcher Boy 200lb. Meat mixer

Multi-Vac single chamber vacuum packer

F. Dick Clipper (manual)

Tipper Tie Clipper (air)

More!

RECENTLY ADDED TO AUCTION

2013 FORD F350 truck w/alum. Hillsboro flatbed, gas, standard cab, 48K miles

2013 F150 truck, gas, 109K miles, extended cab

1998 Barrett 20ft Livestock Trailer, aluminum

1971 JD 4020 Tractor, dsl., narrow front,

Deutz Allis 5230 tractor w/loader 1129 hrs

Bush Hog Zero Turn Mower 779 hours

BOBCAT S175 Skid loader, 4130 hours, hi-flow hydraulics

Bobcat fork and buckets

NEW HOLLAND 185 Manure Spreader, double beater

(2) Grain-O-Vator Feed wagons 3 Ton

Bright Live Turkey Loader

14 ft. Live Turkey Transport wagon w/hydraulic lift

MB 10 ft. Floor Sweeper, 3pt. mount/ 540 pto

Windpower generator, PTO

(3) Wood Mineral Feeders

Plastic feed bunks

AREA MAP

AREA MAP(S)

PROCEDURES: The property will be offered in 7 individual tracts, any combination of tracts, or as a total 241+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer.

DOWN PAYMENT: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

EVIDENCE OF TITLE: The Seller will provide a Preliminary Title Opinion for the review of the prospective buyer(s). At closing, the Seller will provide a Title insurance policy in the amount of the purchase price. All tract(s) sold As-Is.

DEED: Seller(s) shall provide a Corporate Warranty Deed at the time of closing.

CLOSING: The balance of the real estate purchase price is due at closing, which will take place on or before April 18th, 2017.

POSSESSION: Possession will be delivered at closing. Buyer to receive 2017 CROP RIGHTS!

REAL ESTATE TAXES / ASSESSMENTS: Taxes will be pro-rated to the day of closing. The property is currently enrolled in the CAUV program.

ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.

SURVEY: Per requirements of the Jackson County Engineer, a new survey will be required for transfer of any newly created auction tracts or for the property to transfer as a whole. The cost of the survey(s) will be shared equally (50:50) between the Buyer(s) and Seller.

EASEMENTS & LEASES: Sale of the property is subject to any and all easements of record.

MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.

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

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

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.

PERSONAL PROPERTY TERMS: Cash, check with proper I.D. All announcements made day of sale take precedence over any and all printed material and oral statements made.