AUCTION #: 14362
All three tracts of the Taylor/ Clark property have a farm tenant in place for the 2026 crop year and the property will be sold subject to this contract. The cash rent contract is based on a guaranty of $160.00 per tillable acre, due in two payments March 15 and December 1 with a 25% flex bonus based on gross receipts over $450 per acre for soybeans. The cash rent contract is based on 93.6 acres of the Taylor property and on 35.54 acres of the Clark property. The current owners are going to keep the first 1/2 of the annual guaranteed cash rent and the second 1/2 of the guaranteed payment plus any flex bonus payment will go to the new buyer(s). A copy of the actual agreement is available upon request or if you would like you can call the current tenant for a crop history and previous farming practices.
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