April 12, 2016--2---80 acre parcels-- of Rock County MN, Martin Twp Farmland--sold in 2 separate tracts--Heirs of Paul and Betty Leuthold -owners--These farms have been in this family for 55 years!---

Upcoming Public Auction

Of 160+/- Acres of Martin Twp, Rock County, MN Farmland

Sold in 2 separate 80+/–acre tracts

Located adjoining the Iowa and Minnesota State Line

Tuesday April 12, 2016 @ 10:30 A.M.

Location: from Lester, IA go  5 miles North on Blktop K-30/Dove Ave. to State Line or from Hills, MN go 1 mile South on County Rd 6 to 21^st St. then go 1 mile East on 21^st St to 70^th Ave. then go 1 mile South.

“Your Farmland Specialists”

zomerauctions.com

Auctioneers Note: We are honored to have been asked to conduct this auction for the Leuthold family. This tract of farmland has been in the Paul and Betty Leuthold family since 1961. These are Excellent High Producing farms and would make an excellent investment or add on to your current farming operation!! Land in this area does not come for sale often!      Make Plans Today to Attend!!

Legal Description of Tract 1: The S ½ of the SW ¼ in Section 35, 101N, Range 46W of the 5^th P.M., Martin TWP. Rock County, MN—subject to public roads and easements of record.

General Description of Tract 1: This outstanding 80 acre tract of farmland contains approx. 77 tillable acres according to Rock County FSA, with the balance in road and ditch. This farm has a corn base of 148.86 acres with a PLC yield of 182bu. This is combined with Tract 2.  The predominant soil types include: P46-Trent, P34B-Splitrock, P24B-Moody, P42A-Whitewood and P21A-Marcus. This farm has an average soil rating according to Agri Surety data of 92.7. According to Rock County Assessor, the entire 160 acres has a CER of 86.35. This farm is classified as NONHEL. The topography of this farm is gently rolling. The entire farm has had cattle manure applied for the last 10+ years including 2016. This farm has tile and is well drained.  This is a very desirable farm and has been well managed and is in a good state of productivity. Make plans today to attend this auction! Here is your opportunity to own some Rock County farmland with excellent soils in the Garden area of Rock County, MN. This farm is available to farm for the 2016 crop year.

Legal Description of Tract 2: The N ½ of the SW ¼ in Section 35, 101N, Range 46W of the 5^th P.M., Martin TWP. Rock County, MN—subject to public roads and easements of record.

General Description of Tract 2: This outstanding 80 acre tract of farmland contains approx. 78 tillable acres according to Rock County FSA, with the balance in road and drainage ditch. This farm has a corn base of 148.86 acres with a PLC yield of 182bu. This is combined with Tract 1. The predominant soil types include: P5A-Calco, P42A-Whitewood, P34B, P34C2-Splitrock, P46-Trent, P24B, P24C2-Moody and P16B, P16A-Graceville. This farm has an average soil rating according to Agri Surety Data of 88. According to the Rock County Assessor, the entire 160 acres has a CER of 86.35. This farm is classified as NONHEL. The topography of this farm is gently rolling.  The entire farm has had cattle manure applied for the last 10+ years including 2016. This farm has tile and is well drained. This is a very desirable farm and has been well managed and is in a good state of productivity. Make plans today to attend this auction! Here is your opportunity to own a Rock County tract of farmland with excellent soils. This farm is available to farm for the 2016 crop year. (Note: Corn base and PLC yield will be split according to Rock County FSA future determination).

These farms have been soil tested by Extended Ag and have excellent fertility and are very desirable to farm with half mile rows. Current longtime tenants Bacon Maker Farms would have a desire to build a strong relationship with future potential buyers in regards to purchasing crop and a manure management plan if potential buyers would desire.

Method of Sale: Offered first will be Tract 1-the South 80 acre tract and remain sold. Then Tract 2 the North 80 acre tract will be sold. Tracts will not be combined.

Real Estate Taxes: According to the Rock County Treasurer, the current net Real Estate taxes on the entire 160 acre tract are $6918.00 approximately per year. Seller will pay all real estate taxes which would become delinquent if not paid by Nov 15, 2016, as well as all prior taxes.

Possession of Farmland: Possession will be given on day of auction.

Terms: Purchaser(s) will be required to pay a non-refundable 15% 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 June 1, 2016 when the buyer shall receive a clear and marketable abstract of 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. 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.

Heirs of Paul & Betty Leuthold—owners

Sellers Attorney–Lachlan Bonander will be closing Attorney

Auctioneers

Mark Zomer 712-470-2526

Keith Elbers 507-920-6131