December 14, 2011 - 250.49 Acres of Plymouth County, IA Farmland - Sold for Tract 1-$7,550.00-Tract 2-$7,000.00

Farmers, Hunters and Investors!!!

Plymouth County, IA. Farmland at Auction by Akron, IA.

Approx. 250.49 Acres of Portland Twp Farmland and River timber hunting habitat to be sold in 2 tracts

Wednesday December 14, 2011–Sale time: 10:30 A.M.

Location: from the North edge of Akron, IA at the intersection of Blktop C-16 and Hwy 12 go approx. ½ mile North on Hwy 12 to beginning of land. Land is located on East and West sides of Hwy 12. –Auction signs will be posted!!

Auctioneers Note: We are honored to conduct this auction for the Darlene Ross Trust. This tract of land has been in the Ross Family for many years. This is an excellent opportunity to add to your current operation or as an investment. This land will be sold in 2 tracts. The land on the West side of the road will be sold based on tillable acres only as there are approximately 84 additional acres of river and timberland included which is enrolled in the EWRP Government program. Storm Date—Dec. 16, 2011—10:30 A.M.

Legal Description for Tract 1 (bidding will based on 75.88 tillable FSA acres –this land is located West of Hwy 12): Abbreviated Legal due to length of legal—Approx. 171.28+/– gross acres located West of Hwy 12 and West of Railroad right of way in Section 30, 29 and 20 in Twp 93N, 48W, Plymouth County, IA. also including the Trusts interest in Tracts 1, 2 and Tract 3- More particularly described on a Plat of Survey dated July 1, 1998 filed Aug 14, 1998 in File 1998, Card #4133-Plymouth County Recorders office and Government Lot 5 West of highway—except Parcels A and B located in Section 29 and Section 20, 93N, 48W, Plymouth County, IA. –sold subject to public highways and easements of record.

General Description for Tract 1(bidding will based on 75.88 tillable FSA acres): This tract will contain 171.28+/– gross acres. According to the Plymouth County FSA this tract contains 75.88 tillable acres. The balance of the farm is timberland providing wildlife habitat along the Big Sioux River. This farm has an average CSR rating of approx. 78.7. This farm is classified as non-hel. The predominant soil types are: 212-Kennebec silt loam, 19B-Kennebec McPaul, 36-Salix, 133-Colo and 1D3-Ida silt loam. The corn base and soybean base of this farm is currently combined with adjoining farmland. This farm has been very well managed and is a very productive farm. 84 acres of this land is enrolled in the Emergency Wetlands Program as a permanent easement. This tract of land would offer excellent hunting and recreation along the Scenic Big Sioux River with the opportunity to have some very productive farmland with its high producing Kennebec and Salix soils. Please call the auction company today for more information on this property. Make plans today to attend—This is a once in a lifetime opportunity.

Legal Description of Tract 2: Parcel A of the Fractional NW ¼ of Section 29, Twp 93N, Range 48W containing 69.31 acres and Parcel B of Government Lot 5 of the SW ¼ of Section 20, Twp 93N, 48W, containing 9.90 acres. Plymouth County, IA. Portland Twp. Subject to public Highways and easements of record.

General Description for Tract 2(bidding will based on 79.21 gross acres): This tract will contain 79.21 gross acres according to the survey. According to the Plymouth County FSA this tract contains 72.31 tillable acres with the balance of this farm consists of road and ditch and an abandoned acreage site (acreage site has an abandoned well). This farm has an average CSR rating of approx. 56. Part of this farm is classified as hel. The predominant soil types are: 310C2, 310D2-Galva, 212-Kennebec silt loam, 1D3-Ida and 19B –Kennebec McPaul. The corn base and soybean base of this farm is currently combined with adjoining farmland. This farm has been very well managed and is a very productive farm. This farm is located along Hwy 12 and would make an excellent farm or homestead for a new building site with great access. Make plans today to attend—This is a once in a lifetime opportunity.

Method of Sale: Offered will be Tract 1 (75.88 tillable FSA acres x bid price which includes the 84 acres of EWRP easement land (171.28 total acres). Then Tract 2 (79.21 acres). Tracts will not be combined.

RE taxes: According to the Plymouth County Treasurer, the current RE taxes are approx. $3618.00 per year for Tracts 1 and 2 combined. However, this property has been surveyed and taxes will need to be adjusted according to the survey. Seller will pay the 2011 taxes which would become delinquent if not paid by October 1, 2012.

Possession of farmland: Possession will be on March 1, 2012, due to the current farm lease.

Terms: Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day February 1, 2012 when the buyer shall receive a clear and merchantable title to the property. This farm is being sold as is as a cash sale with no finance contingencies. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. All FSA information is according to the Plymouth County FSA. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This land is sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Lachlan Bonander—attorney for seller.

Darlene Ross Trust –owner

Auctioneers:

Mark Zomer-712-470-2526 Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068 Joel Westra-605-310-6941

Pete Atkins-605-351-9847