Henry County LAND AUCTION
163.66 Acres M/L - To be Sold In 3 Tracts

WAYLAND, IOWA
Located 3 miles south of Wayland on Franklin Avenue then 2 miles west on 140th Street then south on Clayton Avenue.
Click Here For Map Location from Mapquest

MONDAY, JULY 23, 2012 at 10:02 A.M.


TRACT #1 - 43.58 Acres, M/L


TRACT #2 - 59.34 Acres, M/L


TRACT #3 - 60.74 Acres, M/L

This Auction Features The Virtual Tour of
The Land
 

Showing on Monday, July 9th from 10-11 am

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163.66 Acres M/L - Sells in Three Tracts
Tracts #1 & #2 will sell choice with the privilege


Plat


Aerial
{ Click Here } for Final Survey
{ Click Here } for Final Survey overlay

Tract #1 - 43.58 Acres, M/L


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FSA Information: 38.27 acres tillable
CSR 60.9 on tillable ground -CSR 58.7 on entire farm { Click Here } for soil map
Located in Section 29, Jefferson Township, Henry County, Iowa

Tract #2 - 59.34 Acres, M/L


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FSA Information: 50.18 acres tillable
CSR 60.7 on tillable ground - CSR 54.4 on entire farm { Click Here } for soil map
Located in Section 29, Jefferson Township, Henry County, Iowa

Tract #3 - 60.74 Acres, M/L


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FSA Information: 22.16 acres tillable, balance is timber.
CSR 66.8 on tillable ground - CSR 52.5 on entire farm { Click Here } for soil map
Located in Section 28, Jefferson Township, Henry County, Iowa.

 Tract #1 & #3 bases and yields are combined and include a small amount of land not being sold
105 bushel corn yield and 34.8 acre corn base
48 bushel oat yield and 4.1 acre oat base

Tract #2: 105 bushel corn yield and 35.4 acre corn base
48 bushel oat yield and 2.8 acre oat base

TERMS: 20% down payment on July 23, 2012 balance to be paid on or before August 23, 2012 upon delivery of merchantable abstract and deed.
POSSESSION:
August 23, 2012 subject to tenant's rights.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.

The following taxes are approximate and will be used to prorate at closing.

  Tract #1:

 Tract #2

 Tract #3
 Gross:  $477.19  Gross:  $774.67  Gross:  $763.52
Ag. Cr  $13.85  Ag Cr:  $34.84  Ag. Cr.  $34.33
 Net:  $464.00 (rounded)  Net:  $740.00 (rounded)  Net:  $730.00 (rounded)

Special Provisions:
~ It shall be the obligation of the buyer to serve termination to the tenant prior to September 1, 2012 if so desired.
~ 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.
~ All tracts will be surveyed by a registered land surveyor.
~ The buyer(s) shall be responsible for any fencing in accordance with Iowa state law.
~ The buyer(s) shall be responsible for installing his/her own entrances if needed or desired.
~ If in the future a site clean up is required it shall be at the expense of the buyer.
~ If one buyer purchases more than on tract the seller shall only be obligated to furnish one abstract and deed. (husband & wife constitute one buyer)
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements of record, as well as all applicable zoning laws.
~ The buyer(s) acknowledge that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer(s) are buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.

Ellen Clark Estate
Kevin Clark & Gary Clark, Co-Executors
Craig Davis - Attorney


Richard Realty & Auction
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Tim Meyer ~ Missy Allen ~ Jason Denning
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