NOVEMBER 7—529.23+ ACRES OF JEFFERSON, EMERY AND CANISTOTA TWP’S -MCCOOK COUNTY LAND AT AUCTION –WEINBERG FAMILY-OWNERS

McCOOK COUNTY, SD LAND AUCTION

529.23+/- Acres Jefferson, Emery and Canistota Townships

Thursday, November 7th, 2013 11:00 AM

We will sell the following land at public auction at the Tract 3 land site located from Bridgewater SD 3 ½ miles north on 435th Ave and 1 mile east on 261st St.

Auctioneers note:  Here is your chance to own several tracts of prime southeastern South Dakota farm land. Not often does the opportunity come along to own multiple tracts of land of this size, quality and location.  Two of the tracts are located on a county oil road and one tract is just 1 mile from US Hwy 81.  The land is available to the new owner for the 2014 crop year.  If you are looking for land as investment or are looking to expand your current operation don’t miss this sale!  The land will be offered in 4 tracts and the tracts will not be combined.

Tract 1: Located in Canistota Township.  Legal Description: NW ¼ 7-102-54 McCook County SD, 174.47 +/- acres.   Located from the Salem exit #364 on I-90, ½ mile south on Hwy 81 and 1 east on 257th St.  According to FSA there is approximately 168.5 acres of cropland with a 69.7 acre corn base / 62 bushel direct yield / 135 bushel CC yield and a 71.2 acre soybean base / 33 bushel direct yield / 39 bushel CC yield. Predominate soil is Crossplain-Clarno Complex.  County soil rating .778.  According to Surety/AgriData the tract has an overall productivity index of 77.1. Taxes: $3,311.86.

Tract 2: Located in Jefferson Township.  Legal Description: SE¼ 25-102-56 McCook County SD, 160.0 +/- acres.   Located from Bridgewater SD, 3 ½ miles north on 435th Ave and ½ east on 261st St.  According to FSA there is approximately 151.38 acres of cropland with a 69.3 acre corn base / 65 bushel direct yield / 136 bushel CC yield and a 73.5 acre soybean base / 33 bushel direct yield / 39 bushel CC yield. Predominate soil is Crossplain-Clarno Complex.  County soil rating .798.  According to Surety/AgriData the tract has an overall productivity index of 77.3. Taxes: $3,175.76.

Tract 3: Located in Emery Township.  Legal Description: NW¼ 31-102-55 McCook County SD, 154.76 +/- acres.   Located from Bridgewater SD, 3 ½ miles north on 435th Ave and 1 east on 261st St.  According to FSA there is approximately 144.43 acres of cropland with a 45.2 acre corn base / 74 bushel direct yield / 143 bushel CC yield and a 84.3 acre soybean base / 33 bushel direct yield / 39 bushel CC yield. This tract includes an older building site, trees and pasture.  Predominate soil is Crossplain-Clarno Complex.  County soil rating .781. According to Surety/AgriData the tract has an overall productivity index of 75.8. Taxes: $2,877.34.

Tract 4: Located in Jefferson Township.  Legal Description: SE¼ NE¼ 36-102-56 McCook County SD, 40.0 +/- acres.   Located from Bridgewater SD, 3 ½ miles north on 435th Ave, 1 east on 261st St and ¼ south on 436thAve..  According to FSA the property contains no cropland.  Predominate soils include Crossplain-Clarno Complex and Clarno Davison Loams.  This tract is currently in grass however has the potential for a significant portion to be developed as farm land.  County soil rating .749.  According to Surety/AgriData the tract has an overall productivity index of 68.1. Taxes: $745.22.

TERMS:  10% nonrefundable down payment day of sale with the balance due at closing on or before December 19, 2013.  All tracts are subject to leases which terminate March 1, 2014.  Title insurance costs split 50/50 between buyer and seller.  2013 taxes due in 2014 to be paid by the seller.  The acres in this property are based on acres stated in the county tax records with acres to be understood to be “more or less”.  The sellers do not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes.  The property is sold in as is condition and as a cash sale with no financing contingency.  Sold subject to existing easements, restrictions, reservations, or highway of record, if any.  Information is deemed to be correct but it is not guaranteed.  All prospective buyers are encouraged to inspect the property and verify all data provided.  Statements made the day of sale take precedence over all written advertising.  Real Estate licensees are agents for the seller.  Sold subject to confirmation of owners.

Rita Michaelson, Donna Deebach,

Roger Weinberg and Janet Gonda Owners

Mike Fink, Closing Attorney

Pete Atkins, Broker Associate, Tea, SD 605-351-9847

Joel R Westra, Broker, Beresford, SD 605-310-6941

Joel A Westra, Broker Associate, Chancellor, SD 605-957-5222

Phil Eggers, Broker Associate, Renner, SD 605-351-5438

Mark Zomer, Vande Vegte Zomer Auctions, Rock Valley, IA 712-470-2526

TRACT 1 PICTURES

TRACT 2 PICTURES

TRACT 3 PICTURES

TRACT 4 PICTURES

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