September 16, 2009 - 200 Acres of Union County, SD Farmland -

Union County SD Farmland at Auction

OF 200+/– ACRES OF PRODUCTIVE BIG SPRINGS TWP FARMLAND

WEDNESDAY SEPTEMBER 16, 2009

SALE TIME: 10:30 A.M.

LOCATION: The farmland is located from the Alcester Steakhouse go 2 miles East on Union County 13 to Union County 27/481^st Ave. Take 481^st Ave/Union Co. 27 South 3 miles to 305^th St then go ¾ mile east. Land is located on South side of road.

**Auction to held at site of land– Auction Signs will be posted**

Auctioneers note: We are honored to have been asked and appreciate the opportunity to offer at Public Auction this 200 +/– acre tract of farmland for the Vande Kamp family Trust. This attractive tract of farmland would make an excellent addition to anyone’s current farming operation and would also make a great investment! Don’t miss this opportunity!!

LEGAL DESCRIPTION: The NE ¼ and the NE ¼ of the SE ¼ of Section 13, Big Springs, Township 94 North, Range 49 West of the 5^th P.M., Union County South Dakota, subject to all public easements and roads of record.

GENERAL DESCRIPTION: This highly productive 200+/– acre tract of farmland has 177.5 tillable acres with a corn base of 127.3 acres and a direct yield and a cc yield of 86 bu. Also, this tract of land has a soybean base of 40.1 acres with a direct and cc yield of 28 bu. This tract of land consists of a 15.3 acre FWP area. The predominant soil types include: AE-Alcester silty clay loam, MCB-Moody silty clay loam, CA-Calco silty clay loam, MDC-Moody Nora silty clay loams and CND2-Crofton Nora silty clay loams. This farm is classified as hel and currently has a conservation plan in effect consisting of crop rotation and contoured farming. This farm has an average soil rating of .735. In March of 2009 this farm had 3766 feet of 5”  tile installed and also 1256 ft of 4” tile installed. This farm is well maintained and managed and provides an excellent opportunity for anyone.

TAXES: According to the Union County Treasurer, the current Real Estate Taxes are approximately $3418.92 per year. Seller will pay all 2008 taxes payable in 2009 and 2009 taxes payable in 2010.

METHOD OF SALE: This tract of farmland will be offered as one 200+/– acre tract.

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

TERMS: Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day December 18, 2009 when the buyer shall receive a clear and merchantable title to the property. Title insurance and closing fees 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. Union County Title closing agent.

VANDE KAMP FAMILY TRUST-OWNERS

Auctioneers and RE Brokers

Joel Westra-605-310-6941

Mark Zomer-712-470-2526