All land is located in Beaver Township of Humboldt County, Iowa. Land located 3 miles West and 1 South of Thor, Iowa.

TRACT #1: 40 Acres M/L in NE 1/4 of SW 1/4 of Section 27-91-28. This parcel is land locked with 40 foot easement on NW 1/4 of SW 1/4 of 27-91-28 40 is tract No. 1308 at FSA offi ce. This 40 has a CSR of 83.32. Corn base of 20.6 acres, direct yield 128 and cc yield 145. Bean base 18.7 acres, direct yield 36 and cc yield 43. Real estate taxes are $770.00.

TRACT #2: 27 ACRES M/L in section 23. This tract is located in SE 1/4 of SE 1/4 of 23-91-28. Tract No. 1309 at FSA offi ce. CSR is 76.21. Real estate taxes are $432.00.

TRACT #3: 40 Acres M/L in section 24. This tract is located in S 1/2 of S 1/2 of SW 1/4 24-91- 28. Tract is No. 1309 at FSA offi ce. Average CSR is 81.61. Real estate taxes are $1,118.00. That amount will be corrected due to buildings being removed. There are 3 grain bins on this parcel. Seller reserves the use of grain bins until 7-1-07, 6000 and (2) 3000 bushel bins.

TRACT #4: 40 Acres M/L in section 25. N 1/2 of N 1/2 of NW 1/4 of 25-91-28. Tract No. 1309 at FSA offi ce. Avg. CSR is 82.51. Real estate taxes are $714.00.

CONDITIONS: The farm is rented for 2007 crop with a 50-50 lease. The buyer will pay for landlord share of fertilizer applied in fall of 2006 at time of settlement, if applicable to your parcels. Crop will be delivered to Gold Eagle Coop at Thor or New Coop at Humboldt by tenant at no charge. If parcels are sold separate, FSA will prorate corn and soybean acres for each of 3 parcels on tract 1309. Tract 1308 stands alone. Tract 1309 has corn base of 51.2 acres with direct yield of 128 and cc yield of 145. Bean base is 46.7 acres with direct yield of 36 and cc yield of 43. Exact legals will be provided day of auction. There are no tile maps available. All information is believed to be correct by Hundertmark as of 12-1-06. There is no HEL on the properties. There has never been a certifi ed wetland determination on this property.

TERMS AND AUCTION PROCEDURE: Farm will be sold acres times bid. First buyer has right to take as many acres as they would like. If buyer takes all, auction over, if not the procedure for choice will start again until all are sold. 10% down day of sale with balance due 3-1-07 in offi ce of Baker, Johnsen and Sandblom with Steve Sandblom. Estate reserves the right to refuse any and all bids. All announcements sale day take precedence over printed material.