UNRESERVED LAND AUCTION
88.46 ACRES M/L SELLS IN ONE TRACT
DES MOINES COUNTY, IOWA
SPERRY, IOWA
Take Hwy 61 north from Sperry to Pleasant Grove Road, proceed 3 miles west then 1 miles southwest on Olympic Road.
TUESDAY, NOVEMBER 15, 2011 AT 10:02 AM
THIS LAND SELLS POSITIVELY TO THE HIGHEST BIDDER!!
Preview on Tuesday, November 1st from 10-11 am
88.46 ACRES M/L
FSA information:
62.74 acres tillable
120 bushel corn yield and 48 acre corn base
37 bushel bean yield and 14.7 acre bean base
Corn suitability rating is 70.2
Located in Sections 7 & 18 Franklin Township, Des Moines County, Iowa.
TERMS: 20% down payment on November 15, 2011. Balance to be on or before December 15, 2011 upon delivery of merchantable abstract and deed.
POSSESSION: December 15, 2011
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pa...
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
The following taxes are approximate and will be used at closing.
Gross $2013.10
Ag. Credit $59.90
Net $1953.00 (rounded)
Reservations: All crops are reserved for the tenant.
SPECIAL PROVISIONS:
~ Termination has been served to the tenant. The buyer will have fall tillage privileges upon completion of the harvest of the 2011 crops.
~ The buyer shall be responsible for fencing in accordance with Iowa state law.
~ It shall be the obligation of the buyer to report to the Des Moines County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Future government programs.
~ If in the future a site clean up is required it shall be at the expense of the buyer.
~ The seller shall not be obligated to furnish a survey.
~ This real estate is selling subject to any and all covenants, restrictions and easements of record, as well as all applicable zoning laws.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
Owners: HUDSON FARM PARTNERSHIP
Steven Swanson - Attorney
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