M27, Peterson, IA 51047 - Clay County

Auction Date and Time: Thursday, May 21, 2015 at 10:00 AM

Auction Location: American Legion Hall, 101 East 2nd Street, Peterson, Iowa

Method of Sale: Tract 1 will be sold first with sale of Tract 2 immediately following.

Tract 1 - 93 Acres More or Less, Peterson Township, Clay County, Iowa

Tract 1 Legal Description: The Fractional Northeast Quarter (Fr. NE 1/4) of Section Twenty-Eight (28), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th P.M., Clay County, Iowa. (All land lying north of surveyed parcels A, B, C, D, and E).

Surety/AgriData Avg. CSR2: 95.8

Surety/AgriData Avg. CSR1: 80.1

Soils: McCreath, Sac, Everly-Moneta, Moneta and Afton

Taxable Acres: 90.76 ac.

Real Estate Taxes: $2404

Combined FSA Information for Tract 1 & 2:

Tillable Acres 123.60 ac.

Corn Base: 85 ac. DD/CC Yield: 123/123 bu.

Soybean Base: 38.60 ac. DD/CC Yield: 34/34 bu.

Tract 1 is currently enrolled in ARC-CO.

PLC Corn Yield: 165 bu.

PLC Soybean Yield: 47 bu.

Terms: 10% earnest money down day of sale. Balance due at closing on or before June 25, 2015. Real Estate taxes to be prorated to January 1, 2015. Buyer to receive 100% of the 2015 cash rent due January 1, 2016. All final bids are subject to approval of seller.