December 15, 2008 - 158.49 Acres of Sioux County, IA Farmland

LAND AUCTION

OF 158.49 ACRES OF SIOUX COUNTY, IA FARMLAND

LOCATED 4 ½ MILES WEST OF CARMEL, IA ON BLACKTOP B30 OR 5 MILES SOUTH, 1 ½ MILES WEST OF ROCK VALLEY, IA OR DOVE AVENUE  AND 360^TH STREET

MONDAY, DECEMBER 15, 2008

SALE TIME: 10:30 A.M.

AUCTION SIGNS WILL BE POSTED—AUCTION HELD AT SITE OF LAND

GENERAL DESCRIPTION: Selling will be 158.49 surveyed acres of farmland. Sioux County FSA estimated 154.1 acres of cropland. Corn base of 104.4 acres with a direct yield and CC yield of 103 bushels. Soybean base of 49.3 acres with a direct yield and a CC yield of 40 bushels per acre. Land is classified as Non-Hel however in 1967 and 1982 workable terraces were put in. Main soil type is Galva Silty Clay loam associated with Ely Silty Clay loam and Primghar Silty Clay loam. The weighted average CSR is 63.

LEGAL DESCRIPTION: Parcel B in Fractional W ½ of Section 18, Plato Township 96 North, Range 46 West of the 5^th P.M. Sioux County, Iowa. Subject to Public roads and easements of record.

REAL ESTATE TAXES: According to the Sioux County Treasurer, the current real estate taxes are $2710.00 per year. Seller will pay the 2008 taxes due and payable in the Spring and Fall installments of 2009.

POSSESSION: March 1, 2009

METHOD OF SALE: 158.49 acres will be sold as one unit.

TERMS: Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day December 31, 2008 when the buyer shall receive a clear and merchantable title to the property. The 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 the data provided. Any announcements made day of auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. The land is being sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Vande Vegte and Zomer Realty and Auction Inc. are agents of the sellers. Klein and Klein is the attorney for the sellers.

VISIT OUR WEBSITE: www.vanzomrealtyauction.com

MYRA HEUER TRUST-OWNER

MYRA HEUER TRUSTEE

Auctioneer and Real Estate Brokers

DARRELL VANDE VEGTE-DOON, IA-712-726-3428

MARK ZOMER-ROCK VALLEY, IA- 712-470-2526

SALES-GARY VANDEN BERG—712-476-5843