210th Street and 290th Avenue, Terril, IA 51364 - Dickinson County

Auction Date and Time: Friday, April 11, 2014 at 10:00 A.M.

Auction Location: Milford Community Center, 806 N Avenue, Milford, Iowa

Property Location: Two miles north of Terril, Iowa on N14 and two miles west on 210th Street. Farm is bordered by 290th Avenue on the east.

Legal Description: The South Half of the Southeast Quarter (S 1/2 SE 1/4) of Section Thirty-one (31), Township Ninety-nine (99) North, Range Thirty-five (35) West of the 5th P.M. Dickinson County, Iowa.

Surety/AgriData Avg. CSR1: 71.2

Surety/AgriData Avg. CSR2: 88.9

Total Acres: 80 ac. m/l

Primary Soils: Nicollet, Clarion, Crippin and Webster

Taxable Acres: 76.67 ac.

Annual Real Estate Taxes: $1,276

Lease: Subject to cash rent lease for 2014.

Buyer to receive all of 2014 rent.

FSA Information:

Cropland Acres 78.94 ac.

Corn Base 39.10 ac. DD/CC Yield 124/142 bu.

Soybean Base 39.10 ac. DD/CC Yield 39/47 bu.

Note: This is an excellent opportunity to purchase an excellent all-tillable, highly-productive farm located near several major grain markets including an ethanol plant and local cooperatives.

Terms: 10% earnest money down day of sale. Balance due at closing on or before May 15, 2014. Real estate taxes to be prorated to Dec. 31, 2013. Possession will be given upon closing. Subject to current cash lease. All final binds are subject to approval of seller.