November 4, 2011 - 160 Acres of Sioux County, IA Farmland - Sold for $13,200.00

Prime Sioux County Farmland at auction

Of 160 +/–acres — Center Twp Farmland

Friday, November 4, 2011

Sale time: 10:30 A.M.

Location: From Pizza Hut in Sioux Center, IA. go 3 miles south on Hwy 75 to 440^th St. then go west 2 miles to beginning of land or from the Million Dollar corner –go 1 mile North on Hwy 75 to 440^th St. then go 2 miles West on 440^th St.

**Land located at the intersection of Goldfinch Ave. and 440^th St.**

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

AUCTIONEERS NOTE: We are honored to have been asked to conduct this auction for

J & D Stoutjesdyk. This is a Prime piece of farmland with high fertility located south of Sioux Center, IA. Here is a great opportunity to add on to your current operation or would also make a great investment. If you are looking for a PRIME piece of farmland — Make plans today to attend!! This piece of farmland is centrally located approx. 7 miles from Orange City, IA. or 5 miles from Maurice, IA. or approx. 5 miles from Sioux Center, IA.

Legal Description: The NE ¼ Section 36, Twp 95N, Range 46W, Sioux County, IA. –subject to public roads and easements of record.

General Description: Selling will be 160+/– acres of Farmland- according to the Sioux County assessor. According to the Sioux County FSA, this farm contains 150.43 tillable acres and also has 4.7 acres of CRP along the waterway with an annual payment of $1008.00-(enrolled until 2019). This farm has high producing soils with an average CSR rating of 62.2. The predominant soil types are: 310B, 310B2, 310C2, 810B2-Galva silty clay loam, 133-Colo, 8B-Judson silty clay loam, 11B-Radford Judson complex, 31-Afton silty clay loam and 91B-Primghar silty clay loam. This farm has a corn base of 114.3 acres with a direct yield of 114 and cc yield of 114bu. This farm has a soybean base of 36.1 acres with a direct yield of 42 and cc yield of 42 bu. This farm is not currently enrolled in the acre program. The majority of this farm is non-hel; however there is a small percentage that is hel. This farm has a high level of fertility and has been well maintained. This farm has been checked for the 180 nutrient depreciation program. This is a great program for potential buyers–For more information contact the auctioneers. Don’t miss the opportunity to invest in this prime farmland or to add to your current operation.

Method of Sale: This farm will be offered as one tract of 160 +/– acres.

RE taxes: According to the Sioux County Treasurer, the current RE taxes are $3306.00 per year. Seller will pay the 2011 taxes due and payable by October 1, 2012.

Possession: Possession will be when the current crops are harvested.

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 December 9, 2011 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 Sioux County FSA. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. The land is sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Auctioneers are agents for the sellers. Brad De Jong–attorneys for sellers

J & D Stoutjesdyk LLC—owners

Auctioneers:

Mark Zomer-712-470-2526 Darrell Vande Vegte-712-726-3428

Ben Jans-712-441-2068 Gary Van Den Berg-sales-712-470-2068