| 368 ACRES, M/L SELLING IN THREE
SEPARATE TRACTS |
|
|
| FARM #1: 88 ACRES, M/L CORN
AND SOYBEAN LAND |
* FSA indicates: 81.9 acres tillable. 128
bushel corn yield with a 57.5 acre corn base.
26 bushel bean yield with a 24.2 acre bean base. *
* Corn suitability rating 81.7
*
* Majority soil types are Mahaska
and Ladoga. *
* Sections 14 & 23, Marion
Township, Henry County, Iowa. * |
| FARM #2: 280 ACRES, M/L
CORN AND SOYBEAN LAND |
| TRACT #1: 120 ACRES, M/L CORN
AND SOYBEAN LAND |
* FSA indicates 108.64 acres tillable of
which 33.68 acres is in the CRP program.
CRP acres as follows:
8.10 acres @ $105.43 per acre. Expires 2013.
19.27 acres @ $149.32 per acre. Expires 2013.
6.31 acres @ $145.81 per acre. Expires 2017.
* Corn suitability rating 68.7
*
* Majority soil types are Otley, Colo and Clarinda. *
* Section 11, Marion Township, Henry County, Iowa. * |
| TRACT #2: 160 ACRES, M/L
CORN AND SOYBEAN LAND |
* FSA indicates 140.06 acres tillable of
which 37.1 acres is in the CRP program.
CRP acres as follows:
1.93 acres @ $105.43 per acre. Expires 2013.
18.78 acres @ $149.32 per acre. Expires 2013.
16.39 acres @ $145.81 per acre. Expires 2017.
* Corn suitability rating 62.2
*
* Majority type soils are Otley, Adair, Colo and Clarinda. *
* Section 10, Marion Township, Henry County, Iowa * |
General information on both tracts FARM #2:
FSA indicates 128 bushel corn yield with 137 acre corn base.
26 bushel bean yield with 29.4 acre bean base. |
TERMS: 20%
down payment on January 17, 2009. Balance to be paid on or before February
17, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: February 17, 2009.
REAL ESTATE TAXES: To be prorated to date of possession upon the basis
of the last available tax statement. Seller shall pay any unpaid real estate
taxes payable in prior years.
| The following real estate taxes
are approximate and will be used to prorate at closing. |
Farm #1
Gross taxes: $2281.39
Ag. credit: $83.81
Net taxes: $2196.00 |
Farm #2 Tract #1
Gross taxes: $1967.94
Ag. credit: $71.49
Net taxes: $1896.00 |
Farm #2 Tract #2
Gross taxes: $3468.40
Ag. credit: $127.28
Net taxes: $3342.00 |
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. Husband and wife constitute one buyer.
* The sellers shall not be obligated to furnish any surveys.
* 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.
* The buyers shall be obligated to report to the Henry County FSA office
and show filed deeds in order to receive any of the following: A. CRP pro
rata. B. Base acres. C. 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. |
MARIE M. HURLEY ESTATE
John M. Staub and Twilla Leaming -
Co-Executors
Gary L. Putnam of Hirsch, Adams, Putnam, Cahill, Rashid & Wiley Law
Firm - Attorney for Estate |
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 |
