PARCEL 1: 160 Acres More Or Less
Farm will be sold 160 times bid. Corn base 76.1, direct yield 127, cc yield 140, bean base 39.4, direct yield, 39.4, cc yield 41, CRP contract of 36.4 acres for $176.49 which expires in 2018. This payment goes to owner approximately 10-1. This parcel has average CSR of 74.70. Real estate taxes are $3,324 for year. Taxes will be prorated to date of possession.

PARCEL 2: 80 Acres More Or Less
Farm will be sold 80 times the bid. Corn base of 39.2, direct yield 127, cc yield of 140, bean base of 38.7, direct yield 34, cc yield of 41, CSR of 76.0 to 78.9. Real estate taxes are $1,706 per year. Real estate taxes will be prorated to date of possession.

Both parcels will be sold with 10% down day of sale with signing of purchase agreement. Balance will be in office of Marc Arends of the Arends and Lee Law Office, Humboldt, Iowa. Settlement will be made on or before October 19, 2007.
At that time possession will be given. There has never been wetland determination on either parcel. There is no HEL land on either parcel. Both parcels have no lease for 2008.

AUCTIONEERS NOTE: These farms will be offered so much per acre times the bid. You can have the option of taking either parcel or both. If both are taken 1st round, auction over. The owners reserve the right to refuse any and all bids. All announcements sale day take precedence over printed material. All information gathered
by Hundertmark Auction Service is believed to be correct as of 7-12-07.