HOOVER REAL ESTATE CO.
10:00 A.M. Tuesday, January 17th, 2006
145 Acres more or
less
FARM/SALE LOCATION:
From Spencer, IA - 6 miles south
on Hwy. 71 & 3 miles east on 420th St.
LEGAL:
Northwest Quarter (NW1/4)
less two tracts in the north half containing 9.66 acres and 4.69 acres of
Section 22, Township 95 North,
Range 36 West of the 5th P.M., Clay Co., Iowa
(exact legal description to be taken from Abstract of Title)
TAXES:
Net Annual Taxes payable 2005/2006 - $2,090 Net Taxable Acres - 142.55
FSA DATA:
109.4 Cropland Acres
Corn Base - 66.1 acres
Corn Yield - 109 Bu. Corn CC
- 127 Bu.
Soybean Base - 43.3 acres Soybean Yield - 33
Bu. Soybean CC - 39 Bu.
23.5 CRP Acres - .9 @ $174.99/acre Expires 9/30/2012
16.0 @ $154.81/acre Expires 9/30/2016
.5 @ $146.84/acre Expires 9/30/2017
6.1 @ $112.95/acre Expires 9/30/2018
SOILS (per NRCS): Sac(77B & 77C2), Colo(133), Ransom(282), Everly(577B, 577C2 & 637D2), Afton(31) & Rushmore(282) Average CSR - 70
COMMENTS: Excellent producing farm in a good area & the CRP offers some excellent pheasant hunting.
TERMS:
10% down payment will be
required on the day of the auction & Buyer(s) shall sign a real estate contract
requiring the balance to be paid by Certified Funds at closing on or before
March 3rd, 2006. Bids are not contingent upon financing & Buyer(s) is required
to arrange for any necessary financing prior to the auction. Owners shall pay
real estate taxes due Spring & Fall 2006. Possession shall be on settlement.
The 2005/2006 CRP payment due in October will be pro-rated between Sellers &
Buyer by the FSA based on the date the Warranty Deed is recorded. Owners
reserve the right to reject any or all bids on day of sale. Owners shall
furnish the successful Buyer(s) Abstract showing good title. Buyer(s) shall be
responsible for obtaining a title opinion. Announcements made the day of the
sale shall supercede any previous information. Hoover Real Estate Co., its
affiliated licensees & the Auctioneer represent the Owners exclusively in this
auction.
OWNERS:
Verneta A. & Russell H. Haaland and
Edward E. Guthrie Individually & Trustee of the Guthrie Family Trust
ATTORNEY: Michael R. Bovee
CLIFF
HOOVER, BROKER
CLINTON JONES, AUCTIONEER
for
more information/brochure
call.....712-262-9555
or e-mail.....
DISCLAIMER: All
information has been taken from sources deemed to be reliable; however, no
guaranty of its accuracy is made or implied by Owners, Broker or
Auctioneer. Buyer is advised to
make their own inspections and do independent research on the properties.