George, IA 51237(Lyon County)

Auctioneers Note: Our company is honored to have been selected by the Feekes Family to offer these tracts of farmland for sale at live public auction!! This is a unique opportunity to make a great investment! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!!

Legal Description of Tract 1: Parcel A in the Southeast Quarter (SE1/4) of Section Twenty-Five (25), Township Ninety-Nine (99) North, Range Forty-Five (45) West of the 5th P.M., Lyon County, Iowa.

General Description of Tract 1: According to survey, this property contains 117.26 gross acres. According to the recent survey, this farm contains approx. 109.44+/- tillable acres with the remainder in road/ditch and grass waterway. This farm has a corn base combined with the adjoining land with a PLC yield of 161bu. And a soybean base combined with the adjoining land with a PLC yield of 46Bu. This farm will undergo a reconstitution by FSA on the base acres after the farm is sold. This farm is classified predominately as HEL & UHEL. The predominant soil types include: 310B, B2, C2-Galva, P733-Calco, 430-Ackmore, 91, B-Primghar, 77C2-Sac. The average CSR1 is 64.5 and the average CSR2 is 88.9. This farm appears to have a good state of productivity and is well managed. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!! Make plans today to attend this auction!!! This farm is leased for the 2021 crop year. Buyer will receive the current rent and the current owner will subsidize the rent as well! Contact an agent for details!!

Legal Description of Tract 2: Parcel B in the Southeast Quarter (SE1/4) of Section Twenty-Five (25), Township Ninety-Nine (99) North, Range Forty-Five (45) West of the 5th P.M., Lyon County, Iowa.

General Description of Tract 2: According to survey, this property contains 42.36 gross acres. According to the recent survey, this farm contains approx. 14.85+/- tillable acres and 14.32 acres of CRP with a annual payment of $3,351.00 with a contract ending 9/30/2035, with the remainder in road/ditch and grass waterway. This farm has a corn base combined with the adjoining land with a PLC yield of 161bu. and a soybean base combined with the adjoining land with a PLC yield of 46Bu. This farm will undergo a reconstitution by FSA on the base acres after the farm is sold. This farm is classified predominately as HEL & UHEL. The predominant soil types include: 310B, B2, C2-Galva, P733-Calco, 430-Ackmore, 91, B-Primghar, 77C2-Sac. The average CSR1 is 64.5 and the average CSR2 is 88.9. This farm appears to have a good state of productivity and is well managed. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!! Make plans today to attend this auction!!! This farm is leased for the 2021 crop year. The buyer will receive the current rent at closing.

Method of sale: The farm will be sold with the final bid price x the gross surveyed acres. Tracts will be sold in the order listed and will not be combined in any way. Auction will be held at the site of the Land.

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer are approx. $3,517.80 per year on Tract 1 and approx. $1,270.80 per year on Tract 2. Seller will pay the 2020 taxes which are due and payable in March and Sept of 2021.

Possession: Landlord possession will be on closing day. Full possession will be on March 1, 2022. Property is currently leased for the 2021 crop year. Buyer will receive the current rent for the farm at closing. The rent on tract 1 will also be subsidized by the current owner.

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 22, 2021 when the buyer shall receive a clear and merchantable title to the property. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. 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. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Paul Kippley Attorney for Seller.

Henry Feekes Revocable Trust- Owner