Lucas, IA 50151 - Lucas County

AUCTION #2 MONDAY, JULY 1, 2019 AT 2 P.M.

178.29 Acres M/L Sells in Two Tracts Clarke County, Iowa

Auction to be held at The Meeting Place, 1013 N. Main St., Osceola, IA

Clarke County, Iowa - Tract #1

100% Interest In 113.36 Deeded Acres M/L

Tract #1 is located 5 miles west of Lucas, IA on Highway 34, then miles north on 100th Avenue/Clarke-Lucas Avenue.

Legal Description: The Southeast Quarter of the Southeast Quarter (SE 1/4 SE 1/4) of Section 12; the East Half of the Northeast Quarter (E 1/2 NE 1/4) of Section 13 EXCEPT Parcel "A" -- Part of the Southeast Quarter of the Northeast Quarter (SE 1/4 NE 1/4) of Section 13, Township 72 North, Range 24 West of the 5th P.M., Clarke County, Iowa, described as follows: Beginning at the East Quarter corner of said Section 13; thence North 89 2016West a distance of 591.07 feet; thence North 034842East a distance of 503.59 feet; thence South 8942 22 East a distance of 555.93 feet; thence South 001102East a distance of 506.46 feet; to the point of beginning, containing 6.64 acres of land including 0.88 acres of County Road Right of Way; all in Township 72 North, Range 24 West of the 5th P.M., Clarke County, Iowa.

FSA indicates: 102.76 acres tillable acres.

Corn Suitability Rating 2 of 51.8 on the tillable.

Located in Sections 12 & 13, Jackson Township, Clarke County, Iowa.

Real Estate Taxes on Tract #1

Gross $1,904.68

Ag. Credit ($50.52)

Net $1,856.00 (Rounded)

Clarke County, Iowa - Tract #2

50% Undivided Interest In 64.93 Surveyed Acres M/L

Tract #2 is located miles east of Liberty, IA on H16/Scott Street.

Please note this tract is being bought on contract, where Cool Acres LLC is the buyer, please contact Steffes Group for terms of contract. Buyer assumes responsibility for contract performance.

Legal Description: That part of the Southwest Quarter of the Northeast Quarter and the Northwest Quarter of the Southeast Quarter of Section Eight (8),Township Seventy-three (73)North, Range Twenty-four (24) West of the 5thP.M., Clarke County, Iowa, as shown in the Plat of Survey recorded June 13, 2012, in Book 44 at Page 418 in the Office of the Recorder of said County, described as follows: Beginning at the Northeast Corner of said Southwest Quarter of the Northeast Quarter; thence South 00 12 55 West 1321.26 feet to the Southeast Corner of said Southwest Quarter of the Northeast Quarter; thence South 00 37 00 West, 839.97 feet along the East line of said Northwest Quarter of the Southeast Quarter; thence North 89 36 07 West 1307.02 feet to the West line of said Northwest Quarter of the Southeast Quarter; thence North00 22 55 East, 824.00 feet to the Center of said Section 8; thence North00 10 10 West 1324.38 feet to the Northwest corner of the Southwest Quarter of the Northeast Quarter; thence North 89 50 15 East, 1319.41 feet to the point of beginning, having an area of 64.93 acres including 2.82 acres of Clarke County Road Easement.

FSA indicates: 56.80 acres tillable.

Corn Suitability Rating 2 of 59.1 on the tillable acres.

Located in Section 8, Liberty Township, Clarke County, Iowa.

Real Estate Taxes on Tract #2

Gross $1,202.79

Ag. Credit ($35.54)

Net $1,168.00 (Rounded)

Terms for Clarke County Tracts

Terms: 10% down payment on July 1, 2019. Balance due at closing with a projected date of August 2, 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.