January 8 -2014- IA Farmland Auction Of 75.90 acres of Doon Twp Lyon County, IA -Roxanne Loget--owner-

Live Auction

Auction Date: January 8, 2014 - 10:00 am

Alvord, IA 51230, USA

Alvord

Lyon County

Lot Size:

75.90 acres

Upcoming Lyon County IA Farmland Auction

Of 75.90 Acres of Doon Twp. Farmland

Wednesday -January 8, 2014–Sale time: 10:30 A.M.

Location: from Lil Chubs in Inwood IA go 5 ½ miles east on Blktop A-42/240^th St. or from Rock Valley, IA go 7 miles North on Elmwood Ave./Blktop K-30/ to Blktop A-42/240^th St. Land is located Northwest of this intersection.

Sale held at site of land—Auction signs will be posted

“Your Farmland Specialists”

Auctioneers note: Make plans today to attend the auction of this productive Lyon County, IA Farmland located in Doon Twp. This farm is well managed and has excellent productivity and has good fertility. This land has been owned by the same family for many, many decades and will make an excellent addition to your current operation.

Legal Description: Parcel D located in the S ½ of the SE ¼ of Section 17, Twp 98N, Range 46W as according to the survey filed in July 2012 Book 16 page 98 at the Lyon County Recorder –Lyon County, IA-75.90 acres-subject to public roads and highways of record.

General Description: According to the Lyon County assessor this tract contains 75.90 acres. According to the Lyon County FSA, this farm contains 69.82 tillable acres with the balance in waterways and road and ditch. This farm according to Agri Data Surety has an average CSR rating of 56.6. This farm is classified as HEL. The predominant soil types are: 410C2, 410B2, 410D2, 410B—Moody, 910B-Trent and 430 Ackmore. This farm has a corn base of 34.5 acres with a direct yield of 92 and cc yield of 126bu. This farm has a soybean base of 34.5 acres with a direct yield of 35 and cc yield of 42bu. This property has been surveyed and surveyor has marked the North boundary of the property. There is an abandoned well on this property which is no longer in use. Don’t miss the opportunity to invest in this prime farmland or to add to your current operation.

Method of Sale: Offered will be the 75.90 acres of farmland which will remain sold.

Real Estate Taxes: According to the Lyon County Treasurer, the current RE taxes are $1263.00 per year. Seller will pay the 2013 taxes which are due and payable in the spring and fall installments of 2014.

Possession of Farmland: Possession will be March 1, 2014 due to current 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 13, 2014 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 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. This land is sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact the agents listed below.

Mike Austin—attorney for sellers.

Roxanne Loget-Owner