HOOVER REAL ESTATE CO.
9:30 A.M. Tuesday, August 6th, 2002
80 Acres more or less
LOCATED:
At the
farm site, southwest of Royal at the intersection of County Road M-27 and B-53 2
miles west and 1/2 miles south on 110th Avenue.
LEGAL: East Half (E1/2) of the
Southeast Quarter (SE1/4) of
Section 31, Township 95 North, Range 38 West of the 5th
P.M.,
TAXES:
Net annual taxes payable 2001 & 2002 -
$1,338
FSA DATA:
70.1 Tillable acres Corn Base - 46.8 acres Corn Yield – 117 Bu.
SOILS: Primghar, Marcus, and Afton Average
CSR - 80
COMMENTS:
This sale offers the Buyer(s) the opportunity to own a
farm with some of the best soil types in Iowa. This 80 acres make an
excellent add-on for an operating farm or an excellent investment property.
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 September 6, 2002. The Buyer(s) to receive the September 1, 2002 cash rent on closing in the amount of $5,680. Possession shall be on settlement, subject to Tenant’s rights,
which shall terminate at the end of the 2002 crop year on February 28, 2003. Sellers shall pay real estate taxes due Fall
of 2002 and Spring 2003. 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: HEGEL FARMS, INC.

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.