Thor, IA 50591 - Humboldt County

AUCTION #3 TUESDAY, JULY 2, 2019 AT 2 P.M.

151.7 Acres M/L Sells in Two Tracts Humboldt County, Iowa

Auction to be held at the Renwick Community Center, 511 Main Street, Renwick, IA

Selling Choice with the Privilege

Tracts #1 & 2 will be sold price per acre and will be selling Choice with the Privilege. High bidder may take Tract #1, Tract #2 or both tracts for their high bid. This will continue until all tracts are sold. Tracts will not be recombined.

Humboldt County, Iowa - Tract #1

100% Interest In 75 Deeded Acres M/L

Tract #1 is located 2 miles south of Thor on P66/Utah Avenue, then 1 mile east on C54/270th Street.

Legal Description: The North Half of the Northwest Quarter (N 1/2 NW 1/4) of Section 34, Township 91North, Range 27 West of the 5th P.M., Humboldt County, Iowa, EXCEPT for a parcel of land commencing at the North Quarter corner of said Section 34; thence West 990.51 feet along the North line of said Northwest Quarter to the point of beginning; thence South 442.31 feet; thence West 492.41 feet; thence North 442.31feet to the North line of said Northwest Quarter; thence East 492.41 feet along said Section line to the point of beginning, containing 5.00 acres, subject to easements of record. NOTE: The North line of the NW 1/4 of Section 34 is assumed to bear due East and West. Containing 75 acres more or less.

FSA indicates: 71 acres tillable.

Corn Suitability Rating 2 of 69.3 on the entire tract.

Located in Section 34, Norway Township, Humboldt County, Iowa.

Real Estate Taxes on Tract #1

Gross $1,883.73

Ag. Credit ($69.84)

Net $1,814.00 (Rounded)

Humboldt County, Iowa - Tract #2

100% Interest In 76.7 Acres M/L

Tract #2 is located 3 1/2 miles west of Renwick on C26/150th Street, then mile north on P66/Utah Avenue.

Legal Description: The South Half (S 1/2) of the Northwest Quarter (NW 1/4) of Section Twenty-eight (28), Township Ninety-three (93) North, Range Twenty-seven (27) West of the 5thP.M., Humboldt County, Iowa, EXCEPT a tract of land commencing at the Southwest corner of the said Northwest Quarter; thence North 89 51 55 East 888.11 feet along the South line of the said Northwest Quarter to the point of beginning; thence continuing North 89 51 55 East 470.00 feet along said South line; thence North 00 14 46 West 350.00 feet; thence South 89 51 55 West 470.00 feet; thence South 00 14 46 East 350.00 to the point of beginning, and EXCEPT a parcel of land described as beginning at the Southwest corner of the said Northwest Quarter; thence North 89 51 55 East 888.11feet along the South line of the said Northwest Quarter; thence North 00 14 46 West 378.00 feet; thence South89 51 55 West 220.00 feet; thence South 00 14 46 East 318.00 feet; thence South 89 51 55 West 667.85 feet to a point on the West line of the said Northwest Quarter; thence South 00 00 00 West 60.00 feet along the said West line to the point of beginning.

FSA indicates: 73.93 acres tillable.

Corn Suitability Rating 2 of 80.5 on the tillable acres.

Located in Section 28, Vernon Township, Humboldt County, Iowa.

Real Estate Taxes on Tract #2

Gross $2,162.93

Ag. Credit ($105.36)

Net $2,058.00 (Rounded)

Terms for Humboldt County Tracts

Terms: 10% down payment on July 2, 2019. Balance due at closing with a projected date of August 5, 2019, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Upon closing. (Subject to tenants rights)

Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.