231 Acre, m/l, parcel of farmland located just east of Newell, IA. in Section 28 of Newell Township, Buena Vista, County, Iowa to be sold at: PUBLIC AUCTION Thursday, June 28, 2018 at: 10:00 A.M. Sale to be conducted in the Allee Building, Main Street, Newell, IA. Farm is located from Intersection of M54 & Hwy. 7 just Southeast of Newell, 1/2 mile east on Hwy. #7. LEGAL DESCRIPTION E1/2 NW1/4; W1/2 SE1/4 & W1/2 NE1/4, all in Section 28, Township 90 North, Range 35 West of the 5th P.M., Buena Vista County, Iowa, EXCEPT Lot C of said Section Twenty-eight (28). GENERAL DESCRIPTION & METHOD OF SALE This is a highly productive farm which enjoys an excellent location, being along Highway 7 and close to area grain markets. Farm will be offered as 3 parcels: PARCEL # 1: A bare 73 acre, m/l, parcel; PARCEL # 2: A bare 79 acre, m/l, parcel; & PARCEL # 3: A bare 79 acre, m/l, parcel. Will be offered with the successful bidder to have choice of the parcels or may select the entire 231 acre, m/l, unit. In the event the successful bidder selects all of the parcels, the sale is over. In the event the successful bidder selects one or two parcels, the remaining parcel(s) will then be offered. FSA rates the entire farm as: Cropland Acres: 228.2; Corn Base of 128.1 and Soybean Base of 96.4. Surety Digital Soil Rating Service indicates: CSR(2) of 84.8 & CSR of 75.6 for the entire farm. Estimated CSR ratings of PARCEL # 1: CSR(2) of 86.2 & CSR of 77.6; PARCEL # 2: CSR(2) of 83.4 & CSR of 73.2; PARCEL # 3: CSR(2) of 84.9 & CSR of 76.3. There is a Cash Rent for the current 2018 crop year. The lease and the 2018 cash rent will be assigned to the Buyer(s). For more details, contact the Auctioneers. TERMS OF SALE Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or August 10, 2018. Possession will be given upon closing, subject to existing 2018 cash rent leases. The Sellers will assign all of their right, title and interest in and to the existing 2018 cash rent leases to the Purchaser(s), along with the 2018 cash rent. There are no Buyer contingencies of any kind. All potential bidders are expected to have financial arrangements made prior to bidding. All information presented is deemed from reliable sources, however the Auctioneers nor the Owners can guarantee any of the information – Potential Buyers should conduct their own investigation of the property. Auctioneers represent the Sellers in this real estate auction. Any announcements made day of sale will supersede any advertising. AUCTIONEER’S NOTE: This sale affords an excellent opportunity to acquire highly productive farmland that would make a solid addition to an existing operation or an ideal Investor / Income type property. Kenneth Kinney Family Candace Chesney & Sandra Renegar, Owners Bruce Becker & Kodi Brotherson; Becker & Brotherson Law Office, Sac City, IA, Attorney for Owners Sale Arranged & Conducted By: Green Real Estate & Auction Co. Mike Green & Jim Green, Auctioneers Sac City, IA., ph. 712-662-4442