November 12, 2009 - 308.82 Acres of Union County, SD Farmland

UNION COUNTY SD FARMLAND AND PASTURE AUCTION

OF 308.82+/– ACRES OF UNION CO. SD HIGHLY PRODUCTIVE FARMLAND AND SCENIC PRODUCTIVE PASTURE LAND

OFFERED IN 3 SEPARATE TRACTS

THURSDAY NOVEMBER 12, 2009 –SALE TIME: 10:30 AM

LOCATION: FROM CASEYS IN HAWARDEN, IA. GO WEST ON BLKTOP UNION COUNTY 13 -2 MILES TO 484^TH AVE. THEN GO NORTH APPROX. 2 ½  MILES TO DEAD END OR SITE OF LAND –OR 30012 484^TH AVE.

 AUCTION HELD AT SITE OF LAND

AUCTIONEERS NOTE: We are honored to be conducting the auction for the Virginia Robertson Bruget Revocable trust. This land has been in the Robertson family for many, many years and truly offers an opportunity to purchase some highly productive farmland and the rare opportunity to purchase highly productive and scenic pasture for the cow/calf operator or outdoor enthusiast—hunters etc. This land is truly a unique opportunity, so make sure to make plans today to attend this auction and add it to your operation or investment properties.

LEGAL DESCRIPTION OF TRACT 1: Abbreviated Legal-Part of the S ½ of the NW ¼ lying E of the Public Highway and Government Lots 3, 4, and 5, Section 21, less D. Robertson Tract 1, located in Government Lot 5 of the NW ¼ of Section 21 according to the plat recorded in Book 19 in the book of plats on page 51 containing 9.18 acres and less Tract 1 in Robertson Bruget Addition in the SW 1/4 of the SW 1/4 of Section 16 and part of Government Lot 5 in the NW 1/4 of the NW 1/4 of Section 21, Twp 95 North, Range 48 West of the 5th P.M., recorded in Book 26 of plats on page 54, Virginia North, Union County, South Dakota subject to easements and any restrictions of record –This tract contains 156.72 acres +/–.

GENERAL DESCRIPTION OF TRACT 1: This tract contains 156.72+/– acres . According to the Union County FSA, this tract contains 154.7 tillable acres. This farm has a corn base of 79.4 acres with a direct and cc yield of 87 bu. This farm has a soybean base of 85.1 acres with a direct and cc yield of 28 bu. Note: These yields and bases are combined with another tract. The predominant soil types of this farm include; 54 acres—Davis with a soil rating of .954, approx. 19 acres of BenClare with a soil rating of .845, approx 13 acres of Alcester with a soil rating of .879, approx 22 acres of Shindler with a soil rating of .391 , approx. 11 acres of Kennebec with a soil rating of 1.0, approx 13 acres of Enet-dempster with a soil rating of .622, approx. 19 acres of Dempster with a soil rating of .764 and also small portions of Calco and Crofton. The average soil rating on this farm is .740. This attractive piece of farmland is located along the scenic Sioux River. This tract of land also has a former gravel pit included.  The topography of this farm is level to gently rolling. Make plans today to attend to add to your current operation of any kind!! The purchaser of this tract will be required to install at buyers expense a new field driveway for access.

LEGAL DESCRIPTION OF TRACT 2: The W ½ of the SW ¼, Section 16, Virginia North, Twp 95 North, Range 48 West, less Tract 1 of Robertson Bruget addition in the SW ¼ of the SW ¼ of Section 16, Twp 95, Range 48 West, Union County, South Dakota, recorded in Book 26 of plats on page 54, subject to public easements road and restrictions of record. This tract contains 75.46 acres +/–

GENERAL DESCRIPTION OF TRACT 2: This tract consists of 75.46 gross acres +./– which currently is a highly productive fenced pasture. The predominant soil types include Alcester, Crofton, Crofton Nora and Shindler.  This very scenic pasture with its rolling hills and spring fed pond offers endless opportunities for the cow/calf producer or the nature enthusiast. The buyer of this tract will have the option to rent an additional approx. 25 acres of pasture for $55.00 per acre for the 2010 crop year. This is an unusual opportunity as this is not your average pasture land.  If you are looking for a pasture to add on to your current operation, be sure to attend. 

LEGAL DESCRIPTION OF TRACT 3: The NE ¼ of the NE ¼ of Section 20, Virginia North and Tract 1 of the Robertson –Bruget addition in the SW ¼ of the SW ¼ of Section 16 and part of Government Lot 5 in the NW ¼ of the NW ¼ of Section 21-95N-48W of the 5^th principal meridian, Union County South Dakota, recorded in Book 26 of plats on page 54, subject to public easements, road and restrictions of record. This tract contains 76.64 acres +/–.

GENERAL DESCRIPTION OF TRACT 3: This tract consists of 76.64 acres +/– which currently is a highly productive fenced pasture. The predominant soil types include Alcester, Crofton, Crofton Nora, Moody, Moody Nora and Shindler.  This very scenic pasture with its rolling hills and spring fed pond and offers endless opportunities for the cow/calf producer or the nature enthusiast with its abundant trees. This tract adjoins tract 2 and also offers a unique opportunity.

TAXES:  According to Union County Treasurer, the current Real Estate taxes on Tract 1 are approximately $1792.00 per year. Current Real Estate taxes on Tract 2 are approximately $470.94 per year. Current Real Estate taxes on Tract 3 are approximately $700.00 per year.  Seller will pay all 2009 taxes payable in 2010. These taxes are estimates as currently some of them are combined.

POSSESSION: Possession of the farmland will be March 1, 2010 due to current farm lease

METHOD OF SALE: Tract 1 will be offered first and remain sold. Tract 2 will be offered and remain sold. Then tract 3 will be offered and remain sold.

Terms:  Purchaser(s) will be required to pay a non-refundable 10% of the purchase price, payable to Charles B Haugland Attorney Trust account,  immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 22, 2009 when the buyer shall receive a clear and merchantable title to the property. Title insurance and closing fee will be split 50/50 between buyer and seller. 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 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. Charles B. Haugland—sellers attorney of Gubbrud, Haugland and Gillespie lawfirm will be closing agent for seller 

WWW.VANZOMREALTYAUCTION.COM OR WWW.WESTRAAUCTIONS.COM

CHARLES B. HAUGLAND–SELLERS ATTORNEY

VIRGINIA ROBERTSON BRUGET REVOCABLE TRUST-OWNERS

AUCTIONEERS AND RE BROKERS

MARK ZOMER-712-470-2526

JOEL WESTRA-605-310-6941

DARRELL VANDE VEGTE- 712-726-3428

PETE ATKINS-605-351 9847

JOEL A. WESTRA-605-957-5222