HUMBOLDT COUNTY LAND AUCTION

Located: Hundertmark Auction Building, Hwy 169 North, Humboldt, Iowa

Thursday, March 20, 2008 - 10:30 A.M.

FARM INFORMATION: Farm will be sold 77.06 times the bid. Farm is located 3.5 miles south of Renwick, Iowa, on Highway 17. Farm is located in Section 24 of 92-27 Lake Township, Humboldt, County, Iowa.

Due to length of legal description, it will be provided day of auction.

Cropland of 72.6 acres, corn base of 42.4 acres, direct yield of 130, CC yield of 130, bean base of 27.4 acres, direct yield of 33 and CC yield of 33. 2.4 acres of CRP with payment of $163.60 per acre. Average CSR is 75. Farm does not contain wetland. There is no HEL land. The lease is open for 2008. Real estate taxes are $1,368 per year. Taxes will be prorated to date of possession. No private tile maps available.

BUYER INFORMATION: This farm has been zoned I-1 industrial August 21st, 2006. It is in urban renewal area as of March 12, 2007. The farm is bordered on south by the Union Pacifi c Railroad, except the 2.4 acre parcel in southwest corner, south side of RR. The border on east is Highway 17.

TERMS: 10% down day of sale with signing of purchase agreement. Settlement will be made in offi ce of Arends and Lee with Marc Arends as closing agent. Settlement will be made on or before April 21, 2008. Possession will be given upon settlement. All announcements sale day take precedence over any printed material. Future Energy reserves the right to reject any and all bids.

Future Energy LLC


HUNDERTMARK AUCTION SERVICE LLC
Auctioneers: David Hundertmark 515-332-2704 * Tom Hundertmark 515-332-2332
Clerk: Hundertmark Auction Service
HundertmarkAuction.com


Terms: Cash or good check day of sale. Not responsible for accidents
or theft. No property removed until settled for.