| 198.5 ACRES, M/L SELLING IN
THREE SEPARATE TRACTS |
|
|
| TRACT #1 - 80 ACRES, M/L CORN
AND SOYBEAN LAND |
* FSA indicates approximately 74.08 acres
tillable. *
* Corn suitability rating 88.8. Majority soils are Mahaska, Taintor
and Ladoga. *
* Open front cattle shed. *
Taxes: Gross: $2793.52 Ag. Cr. $ 126.22 Net: $2668.00 |
| TRACT #2 - 80 ACRES, M/L CORN
AND SOYBEAN LAND |
* FSA indicates approximately 72.14 acres
tillable. *
* Corn suitability rating 78. Majority soils are Mahaska, Hedrick,
Taintor and Otley. *
Taxes: Gross: $2531.96 Ag. Cr. $ 125.06 Net: $2406.00 |
| TRACT #3 - 38.5 ACRES, M/L CORN
AND SOYBEAN LAND |
* FSA indicates 28.65 tillable acres. *
* Corn suitability rating 61.9. Majority soils are Ladoga, Gara
and Colo. *
Taxes: Gross: $603.77 Ag. Cr. $ 27.37 Net: $576.00 |
General information on entire farm.
123 bushel corn yield with a 61.8 acre corn base.
41 bushel bean yield with a 112.2 acre bean base.
Located in Sections 7 and 8, Danville Township, Des Moines County, Iowa. |
TERMS: 20%
down payment on January 22, 2009. Balance to be paid on or before February
23, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: February 23, 2009 subject to the lease with the tenant.
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.
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.
* It shall be the obligation of the buyers to terminate their lease with
the tenant, Russ Reed prior to September 1, 2009 for the following year
if they so desire.
* The cash rent is paid as follows:
Tract #1: $6234.50 due on March 1, 2009 and a like payment on November 1,
2009 based on 74 acres.
Tract #2: $6066.00 due on March 1, 2009 and a like payment on November 1,
2009 based on 72 acres.
Tract #3: $2359.00 due on March 1, 2009 and a like payment on November 1,
2009 based on 28 acres.
* The buyers shall be responsible for all
desired fencing in accordance with Iowa state law.
* The sellers shall not be obligated to furnish any surveys.
* It shall be the obligation of the buyers to report to the Des Moines County
FSA office and show filed deeds in order to participate/receive any of the
following: A. Any or all future government programs. B. Allotted share of
base acres.
* If in the future a site clean up is required it shall be at the expense
of the buyers.
* It shall be the obligation of the buyer of Tract #2 to install their own
culvert for the purpose of ingress and egress.
* 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. |
OWNERS: DOCKENDORFF FAMILY FARM
John D. Cray of Cray, Goddard, Miller,
Taylor & Chelf, L.L.P. - Attorney for Sellers |
Richard Realty & Auction, Inc.
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Jim Huff ~ Jason Denning ~ Lee Pennebaker
CLICK HERE FOR MORE AUCTIONS BY RICHARD
REALTY & AUCTION |
