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EXHIBIT A
<br /> (Upon completion and execution by the parties,this document shall become a binding lease)
<br /> CASH RENT FARM LEASE
<br /> THIS LEASE is entered into by and between LANDOWNER, CITY OF DECATUR FARM by and through the
<br /> LANDOWNER'S AGENT,FIRST ILLINOIS AG GROUP,and TENANT,CRAIG HILL,5867 E.WASHINGTON ST.ROAD,
<br /> MAROA,IL 61756.
<br /> THE LANDOWNER leases to the Tenant,for agricultural purposes only,the following described real estate(hereinafter"premises"),
<br /> including the fixed improvements thereon:
<br /> Farm#1-The Northwest Quarter(NW 1/4)of the Northwest Quarter(NW 1/4)of Section Thirty-Six(36);and
<br /> the North One-Half(N 1/2) of the Northeast Quarter (NE 1/4) of Section Thirty-Six (36); all in Township
<br /> Nineteen North (T19N),Range Three East(R3E) of the 3rd P. M.,Creek Township,DeWitt County, Illinois,
<br /> containing 120.0 acres,more or less,except the real estate where the City of Decatur wells,pump houses,and
<br /> water holding ponds are located on the above described property.
<br /> Farm #4- The West Half(W 1/2) of the Southeast Quarter (SE 1/4) of Section Nine (9), Township Nineteen
<br /> North (T19N),Range Three East(113E) of the Third Principal Meridian,(3" P.M.),situated in the County of
<br /> DeWitt in the State of Illinois,containing 82.91 acres,more or less.
<br /> A)LENGTH OF TENURE: The term of this Lease shall begin on the latter of March 1,2025,or the date of signing of this Lease and
<br /> shall end the last day of February 2026,or after all the crops on the premises have been harvested,whichever occurs first. Landowner
<br /> may terminate this Lease without cause any time prior to March 1,2025,by giving Tenant five(5)days advance written notice. In the
<br /> event this Lease is terminated without cause by Landowner,the Tenant will be reimbursed for all farming operations completed at going
<br /> custom rates and crop inputs purchased providing Tenant furnishes Landowner an invoice and receipts or other supporting material for
<br /> such operations or purchases upon Landowner's request. This shall be Tenant's sole remedy in the event this Lease is terminated without
<br /> cause.
<br /> B) RENT AND TIME OF PAYMENT: The tenant agrees to pay the landowner a base rent of$340.00 per acre on 189.76 tillable
<br /> acres,for a total of$64,518.46 on or before March 15,2025 (the"due date"). If the Landowner has not received the base rent,in full,
<br /> by the due date, Landlord may terminate this Farm Lease and collect the unpaid rent, and Tenant shall immediately remit any farm
<br /> program payments received for the lease year to the Agent. In the event Landowner has not received the rent,in full, by the due
<br /> date and Landowner terminates lease,Landowner is not obligated to reimburse Tenant for farming operations or crop inputs
<br /> purchased.
<br /> In addition to the base rent,the tenant shall pay the landowner a bonus rent on or before November 15,2025,based on production and
<br /> average market price,to be calculated using the following formula:
<br /> Bonus rent due= .4 [{((bc x pc)+(bc2 x pc2))—970; ac+ {((bs x ps)+(bs2 x ps2))-710 as]
<br /> be=the greater of(a)bushels of corn per acre of corn produced on the premises,up to 200.0 bushels per acre,or(b)80%of the Federal
<br /> Crop Insurance Corporation approved yield on the premises.If approved yield cannot be established,then 200.0 bushels per acre
<br /> shall be substituted for option b.
<br /> bc2=bushels of corn per acre over 200.0 produced on the premises.
<br /> pc= the greater of(a)the average Wednesday closing local bid for fall 2025 com at ADM Grain Niantic for the period of January 2025
<br /> through October 2025 or(b)the premises county Farm Service Agency loan rate for corn.
<br /> pct=fall cash bid of 2025 corn at ADM Grain Niantic at the close on the last Wednesday October 2025.
<br /> ac= acres of corn planted on the premises according to the FSA-578.
<br /> bs= the greater of(a)bushels of soybeans per acre of soybeans produced on the premises,up to 70.0 bushels per acre, or(b)80%of
<br /> the Federal Crop Insurance Corporation approved yield on the premises.If approved yield cannot be established,then 65.0 bushels
<br /> per acre shall be substituted for option b.
<br /> bs2=bushels of soybeans per acre over 70.0 produced on the premises.
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