HOOVER REAL ESTATE CO.
9:30 A.M. Tuesday, April 15th, 2003
80 Acres more or less
LOCATED:
At the farm site, from Emmetsburg, IA 5 miles east on Highway 18 and
1-1/2 miles north on 520th Avenue.
LEGAL: The South Half of the
Northeast Quarter (S1/2NE1/4)
of
Section 13, Township 96 North, Range 32 West of the 5th
P.M.,
TAXES:
Net annual
taxes payable 2002 & 2003 - $1,498.
FSA DATA:
77.2 Tillable acres Corn Base - 58.9 acres Corn Yield - 125 Bu.
Bean Base - 18.3 acres Bean Yield - 31 Bu.
SOILS: Nicollet, Webster, Clarion, Linder
and Canisteo Average CSR -
72.5
COMMENTS:
This is an excellent opportunity to add very productive
farmland to your existing operation or a great investment opportunity to
increase your net return on your capital.
POSSESSION:
Option #1: Owners to credit Buyer(s) for 2003 rent @
$135/tillable acre.
Option #2: Buyer(s) to have the right to enter property to farm after
paying 10% earnest money and signing the real estate contract.
TERMS: 10% down the day
of the auction. Buyer(s) shall sign a real estate contract requiring the balance
to be paid on closing as soon as Owners can provide marketable title. Owners shall pay real estate taxes due Spring
and Fall of 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: DONALD J. & ALICE M.
McEWAN,
VIKKI K. SCHMIDT &
MATTHEW E. & CARLA R. SCHMIDT
ATTORNEY: Roger A. Berkland

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.