TERMS ON REAL ESTATE: 20% down payment on December 20, 2008. Balance to be paid on or before January 20, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: January 20, 2009.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Sellers shall pay any unpaid real estate taxes payable in prior years. Real estate taxes are approximate and will be used to prorate at closing.

SPECIAL PROVISIONS:
* This real estate is selling subject to public road easement and all other easements of record.

* If one buyer purchases both tracts the sellers shall only be obligated to furnish one abstract and deed. Husband and wife constitute one buyer.

* It shall be the obligation of the buyer of Tract #2 to install his/her own culvert for the purpose of ingress & ingress.

* The buyers shall be responsible for any desired fencing in accordance with Iowa state law.

* On the day of closing the buyers shall pay to the sellers the pro rata share of the 2009 CRP payment. Buyers must take signed purchase agreements along with recorded deeds to the Henry County FSA Office in order to receive 100% of the 2009 CRP payment.

* It shall be the obligation of the buyers to report to the Henry County FSA office and show filed deeds to receive the following: Allotted base acres, CRP payments and any future government payments.

* If in the future a site clean up is required it shall be at the expense of the buyers.

* The buyers acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyers are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.