6/9/2017 10 AM

Auction Info June 9th 2017 @ 10 A.M. Memorial Park Shelter House, 300 N 2nd Street, Breda, IA 51436 Dianna Miller Revocable Trust Farmland Sale 156Ac m/l PROPERTY DESCRIPTION- The property is composed of two tract of land totaling 156.00 acres, more or less, in Sections 9 and 18 of Sheridan Township, Carroll County, Iowa. LOCATION OF LAND- 2 miles east of hwy 71 on 120th street. LOCATION OF AUCTION- Memorial Park Shelter House, 300 block of N 2nd Street, Breda, IA 51436 LEGAL DESCRIPTION- S1/2 SW1/4 and the NW1/4 SW1/4 of section 9, Township 85 N, Range 34 W - S1/2 NE1/4 and the NE1/4 NE1/4 of section 18, Township 85 N, Range 34 W - Lot 3 of the SW1/4 SW1/4 and all of the SE1/4 SW1/4 of section 9, Township 85 N, Range 35 W LAND DESCRIPITION- Flat ZONING- Property is classified as Agricultural. HEL & WETLANDS- NHEL, Enrolled in ARC County. Farms are enrolled in the Conservation Stewardship Program. TERMS AND CONDITIONS The farm will be offered as two tracts of land. " The land will be offered at auction on June 9th, 2017, 10:00 a.m. at the Memorial Park Shelter House; 300 block of N 2nd Street, Breda, IA 51436. The successful bidder(s) shall sign a purchase agreement, prepared by the seller, immediately after the close of the sale. The contract price will be the bidding acres as indicated on the individual tract purchased times the price bid per acre. " Earnest money in the amount of ten (10%) percent of the contract price shall be due the day of the sale. Earnest money paid the day of the sale will be deposited in the Real Estate Trust Account of Whitaker Marketing Group the following business day. Certified funds will be required at the time of closing for the remaining balance of the purchase. " The real estate taxes will be pro-rated to the day of closing. . " The balance shall be paid in the form of certified funds upon closing, on or before July 6th, 2017. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. " "The seller reserves the right to reject any and all bids." POSSESSION- Possession will execute on the July 6th, 2017 CREDIT AT CLOSING- ½ of the 2017 Cash rent payment of $24,457.50 will be credited to the buyer at closing. TILE- Some drain tile has been put in, we will have tile maps at the auction. INDIVIDUAL TRACT INFORMATION Tract 1 - Bid as 112 ac., more or less. The - S1/2 NE1/4 and the NE1/4 NE1/4 of section 18, Township 85 N, Range34 W Tract 2 - Bid as 44 ac., more or less. The -- S1/2 SW1/4 and the NW1/4 SW1/4 of section 9, Township 85 N, Range 34 W and - Lot 3 of the SW1/4 SW1/4 and all of the SE1/4 SW1/4 of section 9, Township 85 N, Range 35 W All information contained in this brochure has been gained from sources considered to be reliable. However, bidders are invited to inspect the property and make their own investigations with respect thereto. All sales are presumed to be made by the individual judgment of the purchaser. The property is being sold "as is". Whitaker Marketing Group stipulates that they are representing the seller exclusively in this transaction, and acts as the Auctioneer and Auction Company Any announcements the day of sale will take precedence over any preprinted materials. Seller reserves the right to reject any and all bids. Parcel ID 2015 Taxes Tract 1 - 03-18-200-003 $598.24 Tact 1 - 03-18-200-004 $717.27 Tract 1 - 03-18-200-005 $620.79 Tact 2 - 03-09-300-004 $721.26 Tract 2 - 03-09-300-009 $76.53 Total Estimated Tax (Based on 2015) Tact 1 = $1936.3 Tract 2 = $797.79 FSA Farm # #7907 FSA Tract #s #7412, #7413 FSA Farmland Acres Total +/-158.98 FSA Cropland Acres Total +/-157.01 FSA DCP Cropland Total +/-157.01 Tillable CSR2 Weighted Average 82.6 (Source) Agridata Tact 1 CSR2 81.7(Source) Agridata Tact 2 CSR2 85.1(Source) Agridata Tract 1 Cropland Acres +/-110.42 Tract 2 Cropland Acres +/- 43.94