| HUMBOLDT COUNTY LAND AUCTION Located: Hundertmark Auction Building, Hwy 169 North, Humboldt, Iowa Thursday, March 20, 2008 - 10:30 A.M. |
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 |