28.86 Acres M/L – SELLS IN ONE TRACT

Farm sold for $5,700 per acre

28.86 Acres M/L
FSA indicates: 28.03 HEL acres tillable 
Corn Suitability Rating 2 of 67.2 (CSR1 of 57.4) on the entire tract.
There is a 3’ to 4’ dug well located on the property, located north & east of the home.
Located in Section 7, Montrose Township, Lee County, Iowa.

> Located On A Hard Surface Road!!

Terms: 20% down payment on September 23, 2014. Balance at closing with projected date of October 23, 2014 upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of October 23, 2014 (Subject to tenant’s 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.


The following taxes are approximate and will be used to prorate at closing.

Gross $580.06
Ag. Credit  ($31.11)
Net $550.00 (Rounded) 



Special Provisions: 
• Current tenant has been given notice and farm is being sold free and clear for the 2015 farming season.  Farm is being sold subject to current tenants’ rights.  Fall tillage rights have been granted by the tenant.
• It shall be the obligation of the buyer(s) to report to the Lee County FSA office and show filed deed(s) in order to receive the following if applicable:   A. Allotted base acres.  B. Any future government programs. 
• The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
• The buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
• The seller shall not be obligated to furnish a survey.
• If in the future a site clean-up is required it shall be at the expense of the buyer(s).
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
• Any announcements made on the day of the auction will take precedence over prior advertising and printed matter.