Sheldon, IA 51201(Obrien County)

Auctioneers Note: Zomer Company is honored to represent the KKA Trust in offering for sale this land at auction! This is a nice property in a great area where land is not always available! Do not miss out on this opportunity to purchase a quality tract of OBrien County, IA farmland! This auction will be held at the site of the farmland!!

Legal Description: The East 1/2 of the SE1/4 EXCEPTING Parcel D therein, all located in Section 21, TWP 97N, Range 42W, OBrien County, IASubject to all public roads and easements of record.

General description: According to the county assessor, this property contains 75.12+/- gross acres. According to FSA, this farm contains approx. 67.67+/- tillable acres, approx. 4.51 acres of CRP with an annual payment of $1,597.00 with a contract expiring on 9-30-2025 with the remainder in road and ditch and an approx. 1.09 acre grass waterway. This farm has a corn base of 36.40 acres with a PLC yield of 168bu and soybean base of 31.26 acres with a PLC yield of 52bu. This farm is classified as NHEL. The predominant soil types include: 310, B-Galva, 91-Primghar, 733-Calco, 92-Marcus, 77B, C2-SacSac. The average CSR2 is 93.5 and the average CSR1 is 72.3. This is an excellent tract of land in Floyd TWP, OBrien County, IA! If you are looking for a great tract to add to your operation or investment portfolio do not miss out on this farm today! Farmers & Investors do not miss this auction!

Method of sale: Farm will be sold based on the final bid price x the gross acres. Auction will be held at the site of the Land.

Taxes: The current Real Estate Taxes according to the OBrien County Treasurer are approx. $2,260.00 per year. Seller will pay the 2022 taxes which are due and payable in March and Sept of 2023.

Possession: Possession will be on March 1, 2023. Land is available to farm for the 2023 crop year.

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 February 17, 2023 when the buyer shall receive a clear and merchantable title to the property. This farm is 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 and pictures 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. All buyers are encouraged to do buyers due diligence. If buyer delays closing penalties will apply. Aerial maps, soil maps and auction booklets are available upon request. Buyer agrees to assume the CRP contract and will be responsible for any midterm maintenance due on the property. 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. Micah SchreursAttorney for Seller.

KKA Trust Dated December 8, 1989 Owner