February 23, 2012 - 146.85 Acres of Sioux County, IA Farmland -

PRIME 146.85/– GROSS ACRES OF

SIOUX COUNTY IA.

HIGHLY PRODUCTIVE FARMLAND

 THURSDAY FEBRUARY 23, 2012—Sale time: 10:30 A.M.

LOCATION: From Pump n Pak in Rock Valley, IA. go 6 miles west on Hwy 18 to Cleveland Ave. then go 2 miles south on Cleveland Ave. to beginning of land. Land is located on west side of road.

Auction to be held at site of land—Auction signs will be posted!

Auctioneers note: We are honored to have been asked and appreciate the opportunity to offer at public auction this tract of farmland for Renee Vandemore. This attractive tract of farmland has been in this family for 3 generations and presents a once in a lifetime opportunity. This Prime piece of farmland with a 64.4 CSR rating would make an excellent addition to anyone’s current farming operation or would make a great investment! This is a rare opportunity to purchase some PRIME farmland in this location.

LEGAL DESCRIPTION: The NE ¼ of Section 5, Twp 96N, Range 47W of the 5^th P.M., Garfield Twp, Sioux County, IA. –subject to public roads and easements of record.

GENERAL DESCRIPTION: This highly productive 146.85 +/-acre tract of farmland has according to the Sioux County FSA 143.15 tillable acres. This farm has a corn base of 111.6 acres with a direct yield of 101 bu and a cc yield of 101 bu. Also, this tract of land has a soybean base of 31.6 acres with a direct yield of 32 bu and cc yield of 32 bu. The predominant soil types include: 410B, 410B2, 410C2, 91—Primghar silty clay loam, and small portions of 31-Afton silty clay loam and 8B-Judson silty clay loam. This farm is classified as non-HEL. This farm has an average corn suitability rating of approx 64.4. This farm is well maintained and managed and provides an excellent opportunity to anyone.

TAXES: According to the Sioux County Treasurer, the current net Real Estate taxes are approximately $2956.00 per year. Seller will pay all the 2011 taxes payable in March and September 2012.

METHOD OF SALE: This tract of farmland will be offered as a 146.85+/–acre tract of farmland.

POSSESSION: Possession of the farmland 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 enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 23, 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 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.

See our website—www.vanzomrealtyauction.com

            Renee Vandemore—OWNER

McGill and McGill—SELLERS ATTORNEY

AUCTIONEERS AND RE BROKERS

Mark Zomer—712-470-2526

Darrell Vande Vegte-712-726-3428

Gary Vanden Berg-sales-712-476-5843

Joel Westra -605-310-6941

Pete Atkins-605-351-9847