February 19, 2014-156.19 Acres of Cleveland Twp, Lyon County, IA. Farmland-Paula Kay--owner!

Live Auction

Auction Date: February 19, 2014 - 10:00 am

Alvord

Sioux County

Lot Size:

156.19

Upcoming Public Auction of 156.19 Acres of Cleveland Twp.,

Lyon County Iowa Farmland

Wednesday February 19, 2014 @ 10:30 A.M.

(Land will be sold in 2 Separate Tracts)

Both Tracts will be sold at the location of Tract 1.

Location of tract 1: From the East edge of Alvord, IA on Blktop A-34/210^th St. go 1 mile North on Elmwood Ave to 200^th St. and then go approx ¾ mile East to beginning of land. Tract one is located at the intersection of 200^th St. and Fig Ave.

Location of Tract 2: From the East edge of Alvord, IA on Blktop A-34/210^th St. go 1 mile North on Elmwood Ave to 200^th St. the land is located at the intersection of 200^th St. and Elmwood Ave.

Auction Signs will be Posted!

“Your Farmland Specialists”

Auctioneers Note: We are honored to offer at Public Auction these quality tracts of Lyon County, IA Farmland. This farmland has been in this family for many years. These Excellent farms are now being offered at Public Auction and represent a great opportunity to add to your current operation or to add to your investment portfolio!

Legal Description of tract 1: -Parcel D in the NE ¼ of Section 33, Twp 99N, Range 46W of the 5th P.M. Lyon County, IA –except one acre in the NE. corner thereof subject to public roads and any/all easements of record. Land has been surveyed.

General Description of tract 1: This productive 80.28 acre surveyed tract of farmland, according to the Lyon County FSA has approx. 75.92 tillable acres with the balance in road and ditch. The predominant soil types include: 410B, 410C2-Moody, and 910B-Trent. This farm has an average CSR rating of 55.2. This farm has a corn base of 38.2 acres with a direct yield of 104 bu. and cc yield of 132 bu. This farm has a soybean base of 37.70 acres with a direct yield of 36 bu. And a cc yield of 43 bu. This farm is classified HEL. This farm has been well managed and the topography is gently rolling. This farm is a very nice farm. If you are looking for a productive farm make plans today to attend and add to your current operation.

Legal Description of tract 2: -Parcel C in the NW 1/4 of Section 33, Twp 99N, Range 46W of the 5th P.M. Lyon County, IA –except Lot 1 in the N1/2 of the NW 1/4 subject to public roads and any/all easements of record. Land has been surveyed.

General Description of tract 2: This productive 75.91 acre surveyed tract of farmland, according to the Lyon County FSA has approx. 71.43 tillable acres with the balance in road and ditch and small grass area. The predominant soil types include: 410B, 410C2-Moody, 430 Ackmore, and a small portion of 33D Steinauer. This farm has an average CSR rating of 55.6. This farm has a corn base of 26.80 acres with a direct yield of 104 bu. and cc yield of 132 bu. This farm has a soybean base of 30.70 acres with a direct yield of 36 bu. and cc yield of 43 bu. This farm is classified HEL. The buyer of this tract will be required to install a field driveway for access on east end at buyer’s expense. This farm has been well managed and is an excellent farm. If you are looking for a productive farm make plans today to attend and add to your current operation.

Taxes: Current Real Estate Taxes according to the Lyon County Treasurer on tracts 1and 2 are $2426.00 total per year. Seller will pay the 2013 taxes which are payable in the spring and fall installments of 2014.

Possession: Possession will be March 1, 2014 due to current farm lease. This land is available to farm for the 2014 Crop year.

Method of sale: Tract 1 will be offered as an 80.28 acre surveyed tract of farmland and then tract 2 as a 75.91 acre surveyed tract of Farmland. Tracts will be sold separately and will not be combined.

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 on or before April 1, 2014 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 the day of the 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. Auctioneers and Real Estate agents are representing the sellers. Vande Vegte and Zomer Realty will be Closing Agents.

Paula J. Kay–owners

Mike Austin–Sellers Attorney