Louisa County LAND AUCTION
119.08 ACRES M/L SELLS IN ONE TRACT
LOUISA COUNTY, IOWA
MORNING SUN, IOWA
Located 2 miles west of Morning Sun on Hwy 78 then 1 1/2 miles north on O Avenue.
TUESDAY, DECEMBER 13, 2011 AT 10:02 AM
Preview on Tuesday, November 30th from 10-11 am
119.08 ACRES, M/L SELLS IN ONE TRACT!
FSA Information: 68.1 acres tillable balance is timber
120 bushel corn yield and 68.1 acre corn base
Corn suitability rating on entire farm is 60 [ Click Here ] for soil map
Majority soils are Clinton & Lindley.
Located in Sections 23 & 26, Morning Sun Township, Louisa County, Iowa.
TERMS: 20% down payment on December 13, 2011. Balance to be paid on or before January 13, 2012 upon delivery of merchantable abstract and deed.
POSSESSION: January 13, 2012.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Seller shall p...
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 Taxes: $1495.34
Ag. Credit $69.05
Net: $1424.00 (rounded)
SPECIAL PROVISIONS:
~ It shall be the obligation of the buyer to report to the Louisa County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Future government programs.
~ The tenant has been served termination. Buyer shall have fall tillage privileges.
~ 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.
~ There is a 33' wide agricultural easement for the purpose of ingress and egress to this farm across an existing driveway.
~ The buyer shall be responsible for any fencing in accordance with Iowa state law.
~ If in the future a site clean up is required it shall be at the expense of the buyer.
~ 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.
DOROTHY CARIS ESTATE
Robert Caris, Executor
Seleta A. Bainter - Attorney
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