TERMS: 20%
down payment on February 14, 2009. Balance to be paid on or before March
13, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: March 13, 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
at closing:
| Tract #1 |
Tract #2 |
Tract #3 |
Gross taxes: $167.84 Ag. credit: $ 6.14
Fam.farm $ 5.17
Net taxes: $156.00 |
Gross taxes: $108.44
Ag. credit: $ 3.94
Fam farm $ 3.32
Net taxes $102.00 |
Gross taxes: $250.46
Ag. credit: $ 9.33
Fam farm $ 6.33
Net taxes: $234.00 |
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 Washington County FSA office and show filed deeds to receive
any bases or future government payments.
*If in the future a site clean up is required
it shall be at the expense of the buyers.
*There is are three existing easements
on Tract #3 for the purpose of ingress and egress for the adjoining landowner.(Copy
Available)
* The Buyer(s) of Tract #2 shall be obligated
to furnish their own entry for 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. |