544.023 ACRES, M/L SELLING FIVE
SEPARATE TRACTS
 |
| TRACT #1 - 161.643 ACRES, M/L
CORN AND SOYBEAN LAND |
~ FSA indicates 148.31 tillable acres. ~
~ Corn suitability rating is 81 ~
~ Majority soil types are Colo, Shaffton, Ackmore,
Lawson and Nodaway. ~
~ Section 16, Morning Sun Twp., Louisa County,
Iowa. ~ |
| TRACT #2 - 90.88 ACRES, M/L
CORN AND SOYBEAN LAND |
|
~ FSA indicates 80.34 tillable acres. ~
~ Corn suitability rating is 73 ~
~ Majority soil types are Zook, Colo and Nodaway.
~
~ Sections 15 and 22, Wapello South Twp., Louisa
County, Iowa. ~ |
| TRACT #3 - 140.5 ACRES,
M/L CORN AND SOYBEAN LAND |
|
~ FSA indicates 133.91 tillable acres. ~
~ Corn suitability rating is 64 ~
~ Majority soil types are Dickinson, Tuskeego,
Zook and Rowley. ~
~ Section 9, Wapello South Twp. & Section
16, Morning Sun Twp., Louisa County, IA. ~ |
| TRACT #4 - 81 ACRES, M/L
CORN AND SOYBEAN LAND |
|
~ FSA indicates 72.72 tillable acres. ~
~ Corn suitability rating is 65.3 ~
~ Majority soil types are Coland, Zook, Hoopeston
and Dickinson. ~
~ Six grain bins and open front inactive hog
finishing building. ~
~ Sections 3 and 10, Wapello South Township,
Louisa County, Iowa ~ |
| TRACT #5 - 70 ACRES, M/L
CORN AND SOYBEAN LAND |
|
~ FSA indicates 66.41 tillable acres. ~
~ Corn suitability rating is 66.1 ~
~ Majority soil types are Dickinson, Ambraw
and Coland. ~
~ Section 4, Wapello South Twp., Louisa County,
Iowa ~ |
GENERAL INFORMATION ON ENTIRE FARM:
130 bushel corn yield. 29 bushel bean yield. |
TERMS: 20% down payment on September 24, 2008. Balance to be paid
on or October 20, 2008 upon delivery of merchantable abstract and deed.
POSSESSION: October 20, 2008 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 also pay any unpaid real
estate taxes payable in prior years.
Reservations: LP tank on Tract #4. All crops are reserved for
the tenant.
The following real estate taxes are approximate and will be used
to prorate at closing.
Tract #1: Gross: $3155.78
Ag Cr.: $207.84
FF Cr.: $175.72
Net: $2772.00 |
Tract #2: Gross: $1492.86
Ag Cr.: $98.72
FF Cr.: $83.47
Net: $1310.00 (rounded) |
Tract #3: Gross: $2872.15
Ag Cr. :$189.93
FF Cr.: $160.59
Net: $2520.00 (rounded) |
Tract #4: Gross: $1822.55
Ag Cr.: $103.73
FF Cr.: $87.70
Net: $1630.00 (rounded) |
Tract #5: Gross: $1240.42
Ag Cr.:$82.03
FF Cr.: $69.36
Net: $1090.00 (rounded) |
|
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.
-The sellers shall not be obligated to furnish any surveys.
-It shall be the obligation of the buyers to report to
the Louisa County FSA office and show filed deeds in order to participate
in any future government programs.
-It shall be the obligation of the buyers to report to
the Louisa County FSA office and show filed deeds in order to have their
allotted base acres.
-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. |
OWNERS: C&S FARMS LTD Rodney
J. Fisher
Roger A. Huddle of Weaver & Huddle
Law Firm - 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 |
