HOOVER REAL ESTATE CO.
LAND AUCTION
O'Brien
County – Center Township

               9:30 A.M. Tuesday, October 29th, 2002         

 76.88 Acres more or less

LOCATED: At the farm site, from Hartley, IA 4 miles west on Highway 18 and 2-1/4 miles south on County Road L54.
LEGAL: The South Half of the Northwest Quarter (S1/2NW1/4) of Section 10, Township 96 North, Range 40 West of the 5th P.M., O'Brien County, Iowa (exact legal description to be taken from Abstract of Title)
TAXES:  Net annual taxes payable 2002 & 2003 - $1,400.
FSA DATA:  76 Tillable acres   Corn Base - 37.6 acres   Corn Yield – 121 Bu.
SOILS:  Galva, Primghar and Sac    Average CSR - 71.39
COMMENTS:  This is an excellent opportunity to purchase a top producing 76.88 acre parcel with a great location on a hard surface road and close to good grain markets.
TERMS: 10% down the day of the auction. Buyer(s) shall sign a real estate contract requiring the balance to be paid on or before March 1, 2003.  Seller shall pay real estate taxes due Spring and Fall of 2003.  Buyer(s) to receive all government payments for the 2003 crop year.   Announcements made the day of the sale shall supercede any previous information.  Hoover Real Estate Co., its affiliated licensees, and the Auctioneer represent the Owners exclusively in this real estate auction.

OWNER: BENIT FARMS, INC.
ATTORNEY: Michael R. Bovee


       CLIFF  HOOVER, BROKER – CLINTON JONES, AUCTIONEER
for information
call.....712-262-9555  or e-mail..... hooverre@ncn.net
 

DISCLAIMER:  All information has been taken from sources deemed to be reliable; however, no guaranty of its accuracy is made or implied by Owner(s), Broker or Auctioneer.  Buyer(s) are advised to make their own inspections and do independent research on the properties.