Jeannine B. Bibler Hansen Revocable Living Trust

Vander Werff & Associates

From Petersen, IA go approx. 4 1/4 miles west on Hwy 10 OR From Sutherland, IA go approx. 5 miles SE on Hwy 10.

Sutherland, IA 51058

Date(s) 10/23/2018

Tuesday, October 23, 2018 At 10:30 AM

Past Auction

Catalog

View Catalog (3 Lots)

Bidding Notice:

This property is being sold "as-is" "where-is". Information contained within this advertising was received from sources deemed to be reliable, however no warranties are provided by the auction company regarding these. All prospective bidders are encouraged to take whatever steps necessary to satisfy themselves regarding the sizes, condition, real estate taxes and all other information provided ... Show More

Auction Information

Name	Jeannine B. Bibler Hansen Revocable Living Trust
Auctioneer	Vander Werff & Associates
Type	Live Webcast Auction
Date(s)	10/23/2018
Auction Date/Time Info	Tuesday, October 23, 2018 At 10:30 AM
Location	From Petersen, IA go approx. 4 1/4 miles west on Hwy 10 OR From Sutherland, IA go approx. 5 miles SE on Hwy 10. Sutherland, IA 51058
Buyer Premium	no buyers premium
Description	Upcoming O'Brien County Farmland Auction! Tuesday, October 23, 2018 273.03 surveyed acres in Waterman Twp, O'Brien Co Tract 1: 79.93 acres Tract 2: 115.47 acres Tract 3: 77.63 acres Tillable Land and Hunting Ground!!! Sale Time: 10:30 AM Farm Location: From Petersen, IA go approx. 4 1/4 miles west on Hwy 10 OR From Sutherland, IA go approx. 5 miles SE on Hwy 10. To be sold from the R.L. Johannsen Center, Sutherland, IA Jeannine B. Bibler Hansen Revocable Living Trust George W Wittgraf - Attorney Tract A General Description: Selling will be 79.93 surveyed acres of Waterman Township, O'Brien County farmland. The farm is level to gently sloped. There are approx. 76.94 tillable acres with the balance consisting of road and ditch. The primary soil types on the tillable acres consist of the Terril, Ocheyedan, Galva, Sac, Primghar, and Marcus series. Tract A has an average CSR-1 of 65.7 & CSR-2 of 90.5. According to the FSA office Tracts A, B & C have a total of 213.69 tillable acres. Tract A Brief Legal Description: The W 1/2 of the SE 1/4 in Section 26-94-39, O'Brien Co, Iowa. Property contains 79.93 acres. Tract B General Description: Selling will be an inside 115.47 surveyed acres of Waterman Township, O'Brien County farmland. The farm is level to gently sloped. There are approx. 113.42 tillable acres with the balance consisting of road and ditch. The primary soil types on the tillable acres consist of the Galva, Marcus, Primghar, Sac, and Ocheyedan series. Tract B has an average CSR-1 of 70.5 & CSR-2 of 94.7 on the tillable acres. According to the FSA office Tracts A, B & C have a total of 213.69 tillable acres. Tract B Brief Legal Description: The E 1/2 of the SE 1/4 in Section 26-94-39 AND A tract in the W 1/2 of the SW 1/4 in Section 25-94-39 AND A tract in the W 1/2 of the NW 1/4 in Section 36-94-39, O'Brien Co, Iowa. Property contains 115.47 acres. Tract C General Description: Selling will be 77.63 surveyed acres of Waterman Township, O'Brien County farmland. This farm has excellent hunting land and is level to gently sloped. There are approx. 23.33 tillable acres with the balance consisting of an acreage, timberland, grassland, road and ditch. The primary soil types on the tillable acres consist of the Galva series. Tract C has an average CSR-1 of 70 & CSR-2 of 95 on the tillable acres. According to the FSA office Tracts A, B & C have a total of 213.69 tillable acres. The rural address is 7028 Hwy 10, Peterson, IA, 51047. On the acreage is an older 1 1/2 story block home with 1586 sq ft. The main floor consist of a kitchen, bathroom, dining room, large living room, with a wall air conditioner, a bedroom, entry porch with a utility area. There are 3 bedrooms upstairs. There is a partial basement with a large wood burning stove and a propane furnace. The exterior has concrete block walls and a metal roof. Outbuildings consist of a Morton garage (24'x30') with an overhead door and concrete floor. There are 2 older hog buildings (35'x104') and (26'x100') as well as other older out buildings all of salvage value. There is a 500 gal propane tank and 2 wells on the acreage. This acreage is very well located adjacent to Hwy 10 between Peterson and Sutherland, and has excellent timberland with 3 tillable fields. Tract C Brief Legal Description: A tract in E 1/2 of the SW 1/4 in Section 26-94-39 AND A tract in the N 1/2 of the NW 1/4 in Section 36-94-39, O'Brien Co, Iowa. Property contains 77.63 acres. Entire Farm Corn Base/Corn Yield: According to the FSA office the corn PLC yield is 147 bushels and the soybean PLC yield is 43 bushels. The corn base is 120.8 acres and the soybean base is 89.6 acres. Entire Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2019, as well as all prior taxes. The estimated net real estate taxes on the entire farm are $3455. Method of Sale: Tracts A and B will be sold as choice. The high bidder will have the option to take tract A, tract B or both tracts. In the event the high bidder takes both tracts, they will remain sold. If the high bidder takes one tract, the remaining tract will then be auctioned. Tract C will be sold immediately following Tracts A & B. Terms: 10% down on the day of the auction. The balance will be due on December 7, 2018. 2018 crop year lease payments will remain the sellers. A late charge will apply for buyers delaying the closing. The abstracts will be continued to date. The buyers will have 10 days from receipt of abstract to have the abstract examined. The sellers guarantee a clear and marketable title on the property. The owners reserve the right to reject any and all bids. Successful online bidder will be notified at the conclusion of both tracts. Online bidders must agree to these terms and conditions as well as online conditions prior to registering and must be verified 24 hours prior to start of auction. Possession: December 7, 2018, subject to current lease which will expire on March 1, 2019. Auctioneer's Note: We are pleased to be selling this farm on behalf of the Jeannine B. Bibler Hansen Family. These farms have it all! Excellent tillable, timberland, and right in the heart of Waterman Township. For additional information give us a call or check out this auction on our website: www.vw72.com. We will be selling these farms on October 23rd via live and online bidding at the R.L. Johannsen Center, 110 Ash St, Sutherland, IA. Thank you for your interest and we will see you at the auction. Rich, Todd, Levi & Brent Note: These farms are being sold "as is." While every effort has been made to ensure the accuracy of the information herein provided, no warranty is given and no responsibility is assumed by the auction company, the auctioneers, the seller or their agents concerning condition of the property, the corn bases, corn yields or other supplied information. Property is being sold subject to any easements, including road, drainage, utility or other easements of record. All prospective purchasers are encouraged to inspect and verify information provided herein. Vander Werff & Associates Inc., represent the sellers for this transaction. Any announcements made the day of the auction will supersede this advertisement.

Terms and Conditions

Terms and Conditions Auction Terms & Conditions All registered bidders must provide a letter of credit from a banking institution 24 hours prior to the start of the auction. Vander Werff & Associates and its Employees act merely as agents for sellers. All final bids are subject to the seller's approval. While the information we offer on item(s) is deemed accurate, no warranties are expressed or implied. Information on items is attained by us from the sellers and you agree to hold Vander Werff & Associates and their Employees harmless for any errors or oversights regarding the item(s) being sold. This information comprises but is not limited to year, model, hours, condition, options, structures, unintentional errors in cataloging, authenticity or imperfections not precisely noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own examination or by a third party, during Open Houses/Inspection periods. The winning bidder will be notified via email from the Auction Company. Printed or verbal statements made by the auction company are matters of belief and are made in good faith. ALL ITEMS ARE SOLD AS-IS WHERE-IS. Online auctions have a scheduled open and close date and time. Upon your accepted bid of an article, that article shall instantly become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Vander Werff & Associates, its employees, and their sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any theft or damages. Buyers are accountable for any costs incurred to prepare their item(s) for transport. This includes but is not necessarily limited to the cost of any load out, disassembly, or transport and any/all other costs related to physical transfer of their item(s). Buyers are required to pick up sold items on scheduled pickup dates selected by the Auction Company. If payment is not made by scheduled pickup day, all purchases due will be charged to your credit card and subject up to a 3.45% fee. You further understand and agree that failure to remove items in the stated time could result in storage, removal fees and/or forfeited to the Auction Company. By using our online auction service you are entering into a legally binding contract to purchase said item(s). Bids may not be cancelled or withdrawn for any reason. You acknowledge that the internet may be an undependable and an error prone network. Vander Werff & Associates will not guarantee that bids placed online will be conveyed to or received by the auctioneer in an appropriate time frame. You agree to hold Vander Werff & Associates and their employees harmless for any disruptions in bidding and/or auction software. The auction company shall not be held responsible for any missed bids. Further, the auctioneer has the right to accept or refuse any bid(s) at their discretion. Vander Werff & Associates retains the right to add, delete or change some or all of our online services as well as the terms and conditions without notice. Please check back and review auction terms frequently. Bidder responsibilities are but not limited to the following: All bidders must provide their name, email address, phone number, address at which they can be contacted for communication between Vander Werff & Associates throughout any transaction or auction. Bidders will be accountable and must obey any and all local, state and federal laws any/all violations will result in conclusion of bidding and website use privileges with this auction company. All bidders must be liable to provide appropriate forms of payment for items bought. Bidders recognize that this auction has live and online bidding simulataneously. The final bidding will close and remain closed as the auctioneer sells the item. A bidder can place a maximum bid on one or more lots. The current bid price does not automatically go to the max bid. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified until reaching your max bid. When paying within the stated time our acceptable payment methods are cash, check, bank wire or credit card. If a credit card is used, your account will be charged up to a 3.45% convenience fee. If paying by bank wire there will be a $10 incoming wire fee. No items will be released until paid in full. All sales are final.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 10,000.00	250.00 USD
10,000.01 - 9,999,999.99	100.00 USD

Payment Information

Currency	USD
Buyer Premium	no buyers premium
Payment Terms	Cash Check Bank Wire Credit Card In the event you are the high bidder, you will be contacted by Vander Werff & Associates, inc via email. Payment is due upon completion of auction.

Shipping / Pick Up

Terms: 10% down on the day of the auction. The balance will be due on December 7, 2018.

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.