TERMS: 20%
down payment on September 28, 2010. Balance to be paid on or before October
28, 2010 upon delivery of merchantable abstract and deed.
POSSESSION: October 28, 2010.(Subject to lease with tenants)
REAL ESTATE TAXES: To be prorated to date of possession on the basis
of the last available tax statement. Seller will pay any unpaid real estate
taxes payable in prior years.
Taxes:
Gross: $1,808.52
Ag Credit: ($78.29)
Net: $1730.00 rounded
RESERVATIONS: All growing crops, waterers &
feeders
SPECIAL PROVISIONS:
~ This real estate is selling
subject to public road easements and all other easements of record.
~ Termination has been served to the tenant on the tillable land, Mark Fitzpatrick.
The buyer will have fall tillage privileges upon completion of the harvest
of the 2010 crops.
~ Termination has been served to the tenant on the pasture land, Darrell
Kolkman effective August 2010. All livestock will be removed from the premises
on or before September 19, 2010.
~ It shall be the obligation of the buyer to report to the Henry County
FSA office and show filed deed in order to receive the following if applicable:
A. Allotted base acres. B. Any future government programs. C. Prorata share
of the CRP.
~ The annual CRP payment: 2.2 acres x $147.36 = $324.00 expires 9-30-12.
~ The sellers shall not be obligated to furnish a survey.
~ The buyer shall be responsible for any fencing in accordance with Iowa
state law.
~ If in the future a site clean up is required it shall be at the expense
of the buyer.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected
the real estate and are familiar with the premises. The buyer is buying
this real estate in its ¡§as is¡¨ condition and there
are no expressed or implied warranties pertaining to the same.
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