Rust Family Farm
Live Webcast Auction
Rust Family Farm

Stalcup Ag Service

Ocheyedan City Hall 869 Main St
Ocheyedan, IA 51354
 

Date(s) 10/20/2020

October 20th, 2020 10:00A.M.

Rust's Farm Resume
Rust's Farm Video
Past Auction
Catalog
View Catalog (3 Lots)
Auction Information
Name Rust Family Farm
Auctioneer
Stalcup Ag Service
Type Live Webcast Auction
Date(s) 10/20/2020
Auction Date/Time Info
October 20th, 2020 10:00A.M.
Preview Date/Time 9-22-20 to 10-20-20
Location
Ocheyedan City Hall 869 Main St
Ocheyedan, IA 51354
Description
The Rust Family presents an opportunity to expand your farmland acreage. These farms contain high-quality soils as evidenced by the CSR-2 of 85 on Parcel 1 and 82 on Parcel 2. Clarion & Nicollet as the lead soil types.
• Parcel 1 will be offered as choice of east half, west half, south half, north half, or entire parcel. If the bidder chooses all, the auction for Parcel 1 is over. If he chooses a half, that half is sold and the auction resumes with the remaining half of Parcel 1. • Parcel 2 will be offered as the entire parcel only. • The buyer(s) will be expected to pay 10% cash down payment day of auction and the balance at closing when clear and merchantable title will be given. • Closing is scheduled for December 18, 2020. Real estate taxes prorated to date of closing. • Possession is given at closing, subject to current tenant’s lease expiring February 28, 2021. • Announcements the day of the sale will supersede all other announcements. • The sellers will retain the right to refuse any or all bids. • Stalcup Agricultural Service, Inc. and its representatives are agents for the sellers.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
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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.