TERMS: 20%
down payment on December 3, 2008. Balance to be paid on or before January
5, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: January 5, 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.
The following real estate taxes are approximate
and will be used to prorate on day of closing.
Tract #1
Gross: $656.64
Ag Credit: $25.76
Fam Farm: $21.71
Net Taxes: $609.00 |
Tract #2
Gross: $278.65
Ag Credit: $14.96
Fam Farm: $10.88
Net Taxes: $253.00 |
Tract #3
Gross: $195.00
Ag Credit: $40.50
Net Taxes: 155.00 |
SPECIAL PROVISIONS:
* This real estate is selling subject to
public road easements and all other easements of record.
* If one buyer purchases more than one
tract the sellers shall only be obligated to furnish one abstract and deed.
Husband and wife constitute one buyer.
* The buyers shall be responsible for any
desired fencing in accordance with Iowa state law.
* It shall be the obligation of the buyers
to report to the Fayette County FSA office and show filed deeds to receive
the following: Allotted base acres and 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. | 
