December 6, 2011 - 80 Acres of Lyon County, IA Farmland - Sold for $9,100.00

Land Auction

Of Inside 80 Acres of Lyon County, IA. Farmland

Located from Hiller Lumberyard in Doon, IA. ½ mile North and 1 mile West on 250^th St.

Tuesday -December 6, 2011—Sale Time: 10:30 AM

Auction signs will be posted!!

Auctioneers note: We are honored to conduct this auction for the Children of Elvin and Inez Mulder. If you are looking for a piece of farmland to add to your current operation or as an investment –Make plans today to attend!!

Legal Description: E ½ of the NE ¼ in Section 27, Doon Twp, 98N, Range 46W of the 5^th P.M. Lyon County, IA. –subject to public road and easements of record.

General Description: Inside 80 acres of Farmland. Lyon County FSA shows 74.82 acres of cropland with the remaining balance of the land in tree ridge, mud creek and road. 61.9 acres corn base with direct yield and cc yield of 94 bushels. 4.0 acres soybeans base with direct yield and cc yield of 37 bushels. Land is classified as hel with a conservation plan in place. 34.9 acres is in crop rotation, conservation tillage, cross slope farming. There is a 1500 ft push up terrace and a 1350 ft workable terrace. Soil Types are 410B, 410B3, 410C2 and 410D2-Moody silty clay loam, 486-Davis loam, 27C-Terril loam, 910, 910B2-Trent Silty clay loam, 133-Colo silty clay loam, 658-Mayer loam, 541D-Esterville salida complex, 315-Alluvial land. Weight average CSR 46.3. Sellers will pay for a certified survey for boundary line if required of by buyer. It will be the buyer’s responsibility to widen the existing field driveway.

Real Estate Taxes: The current Real Estate taxes are $982.00 per year. Sellers will pay 2011 taxes payable in the Spring and Fall installments of 2012.

Possession: Possession will be March 1, 2012.

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 of February 1, 2012 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 data provided. No warranties are expressed or implied. All FSA information is according to the Lyon County FSA. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. The land is sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Auctioneers are agents for the sellers.Ronald Oostra—attorney for the sellers

www.vanzomrealtyauction.com

Children of Elvin and Inez Mulder—owners

Auctioneers and RE Brokers

Darrell Vande Vegte-712-726-3428

Mark Zomer-712-470-2526

Gary Van Den Berg-sales-712-476-5843