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For additional information, please contact:Kyle RuleLafayette, IndianaOffice: (765) 742-5900, Ext. 2Cell: (765) 586-3428KRule@FarmersNational.com

Auctioneer: Jay AllenLicense Number: #AU01040045

160+/- Acres, Boone County, IndianaFriday, November 22, 2013 • 10:00 AM

Sheridan Community Center • 300 East 6th Street • Sheridan, IndianaTWO INDIVIDUAL TRACTS OR A TOTAL UNIT

HIGHLIGHT FEATURES• Productive and well drained soils• Excellent location along SR38 in Boone County within two miles of Clinton, Tipton, and Hamilton Counties• Located in a strong farming community

Property Showing: November 8, 2013 from 1:00 PM to 2:00 PM • at the Farm

2% BUYER PREMIUM

www.FarmersNational.com

Property Location: Farm is located in the northeast corner of Boone County within two miles of Clinton, Tipton, and Hamilton Counties. It is located on SR 38 approximately four miles northwest of Sheridan.

Legal Description: • Whole Farm: 160 +/- acres - NW1/4 Sec. 23, T20N,R2E in Marion Twp. of Boone County, Indiana• Tract 1: 80+/- acres - E1/2 NW1/4 Sec. 23, T20N,R2E• Tract 2: 80+/- acres - W1/2 NW1/4 Sec. 23, T20N, R2E

Property Description: This farm has been well maintained with regular soil testing and fertility program over the years. It has productive and well drained soils in an excellent location with complete road access on three of the four sides of the entire property.

Improvements: 50’ x 40’ machine shed built ap-proximately around 1970’s

Farm Data:• Tract 1 (approximate acres)Cropland 79.5 tillable acresNon-crop .5 acres of road right-of-wayTotal 80.0 acres• Tract 2 (approximate acres)Cropland 77.1 tillable acresNon-crop 1.3 acres of road right-of-wayBuildings .4 acre access lane and building siteCounty Ditch 1.2 acresTotal 80.0 acres

FSA Information (whole farm): Base YieldCorn 91.3 acres 133/133 bushelsSoybeans 63.6 acres 41/41 bushels

Taxes:• Whole Farm (160 acres): $4,814.12• Ditch assessment: $384.60• Total: $5,198.72 or $32.50 per acre

PROPERTY INFORMATION

Property Location Map

Tract 1Tract 2

Latitude: 40.1690°NLongitude: -86.2756°WImagery Source: USDA NAIP Soil Data Source: USDA NRCSBoundaries Are Approximate

Heimlich PropertyBoone Co., IN

Tract 1Tract 2

Latitude: 40.1690°NLongitude: -86.2756°WImagery Source: USDA NAIP Soil Data Source: USDA NRCSBoundaries Are Approximate

Heimlich PropertyBoone Co., IN

Tract 2 Tract 1ThrA

CudA

CudA

CudA CudA

CudA

CudA

CudA

CudA

CudA

CudA

Latitude: 40.1690°NLongitude: -86.2756°WImagery Source: USDA NAIP Soil Data Source: USDA NRCSBoundaries Are Approximate

Heimlich PropertyBoone Co., IN

Map NON IRR CORN BEANSSymbol Name LCC YIELD YIELD ACRES

ThrA Treaty silty clay loam, 0 to 1 percent slopes IIw 183 53 47.1CudA Crosby silt loam, 0 to 2 percent slopes IIw 141 46 32.9Total 165.7 50.1 80.0

Tract 2 Tract 1ThrA

CudA

CudA

CudA CudA

CudA

CudA

CudA

CudA

CudA

CudA

Latitude: 40.1690°NLongitude: -86.2756°WImagery Source: USDA NAIP Soil Data Source: USDA NRCSBoundaries Are Approximate

Heimlich PropertyBoone Co., IN

Map NON IRR CORN BEANSSymbol Name LCC YIELD YIELD ACRES

ThrA Treaty silty clay loam, 0 to 1 percent slopes IIw 183 53 47.1CudA Crosby silt loam, 0 to 2 percent slopes IIw 141 46 32.9Total 165.7 50.1 80.0

CudA

ThrA

ThrA

CudA

CudA

Tract 1Tract 2

Latitude: 40.1690°NLongitude: -86.2756°WImagery Source: USDA NAIP Soil Data Source: USDA NRCSBoundaries Are Approximate

Heimlich PropertyBoone Co., IN

Map NON IRR CORN BEANSSymbol Name LCC YIELD YIELD ACRESCudA Crosby silt loam, 0 to 2 percent slopes IIw 141 46 47.4ThrA Treaty silty clay loam, 0 to 1 percent slopes IIw 183 53 32.6Total 158.1 48.9 80.0

CudA

ThrA

ThrA

CudA

CudA

Tract 1Tract 2

Latitude: 40.1690°NLongitude: -86.2756°WImagery Source: USDA NAIP Soil Data Source: USDA NRCSBoundaries Are Approximate

Heimlich PropertyBoone Co., IN

Map NON IRR CORN BEANSSymbol Name LCC YIELD YIELD ACRESCudA Crosby silt loam, 0 to 2 percent slopes IIw 141 46 47.4ThrA Treaty silty clay loam, 0 to 1 percent slopes IIw 183 53 32.6Total 158.1 48.9 80.0

Tract 1 Aerial Photo

Tract 2 Aerial Photo

Tract 1 Soil Map

Tract 2 Soil Map

Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes for 2013 payable in 2014 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s).

Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing on or before December 20, 2013.

Leasing: Subject to current lease dated February 1, 2013 expires December 31, 2014. Buyer(s) will be assigned the current lease.

Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held by Farmers National Company in their trust account.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The Seller will provide an owner’s policy of title insurance in the amount of the contract price. The cost of such title insurance will be the Seller’s expense. Any escrow closing services will be shared by the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing. Owners Mortgage policy will be at the expense of the Buyer(s).

Closing: The sale closing is on or before December 20, 2013. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company.

Survey: At the Seller’s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The Seller will pay the survey cost. Final contract price will be adjusted to reflect any difference

between the advertised and actual surveyed acres.

Sale Method: The real estate will be offered as two individual tracts or a total unit. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Sellers: Douglas Heimlich, Kenda Shaw, Julie Baldwin

AUCTION TERMS