HOOVER REAL ESTATE CO.
9:30 A.M. Tuesday, January 21st, 2003
120 Acres more or less
LOCATED:
At the farm site, from the intersection of Highway 10 & 71 north of
Sioux Rapids, IA 2-1/2 miles north on Highway 71 and
1/2 mile west on 475th Street.
LEGAL: Northeast Quarter of the
Southeast Quarter (NE1/4 SE 1/4) and the South Half of the Southeast Quarter (S1/2 SE1/4) of
Section 14, Township 94 North, Range 37 West of the 5th
P.M.,
TAXES:
Net annual
taxes payable 2002 & 2003 - $2,856
FSA DATA:
117.3 Tillable acres Corn Base - 58.3 acres Corn Yield – 123 Bu.
SOILS: Nicollet(Nc), Marcus(Ma) and Primghar(Pr)
Average CSR - 81.29
COMMENTS:
This is a prime, level and top-producing farm. The
family has
owned the farm for 61 years and has always had top yields on the property.
A rare opportunity to own a top-notch farm of this quality.
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. Possession shall be on settlement,
subject to Tenant’s rights, Buyer(s) will assume a cash rent lease of $125/acre which shall terminate at the end of the 2003 crop
year on February 28, 2004. Owners shall pay real estate taxes payable
Spring and Fall
of 2003. Sale is subject to Court approval. Owners reserve the
right to reject any or all bids on day of sale. 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.
Owners: Virginia Connor
Estate & Jody L. Cutler
Mark T. Cornish
Stern, Diehl, Cornish & Jensen
Attorney for Sellers
CLIFF
HOOVER, BROKER – CLINTON JONES, AUCTIONEER
for
information
call.....712-262-9555
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.