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Tuesday, June 17, 2008
Auction will be held at the Forster Center, 404 1st Ave. Rock
Rapids, Iowa Starting Time: 9:30 A.M.
Farm
Located: 5 miles north of Rock Rapids on K-52 or 7 miles south & 3
miles east & 1 mile south of Luverne, Minn. or 2 miles north & 7
miles west & 1 mile south of Ellsworth, Minn. Sign will be posted.
Legal description:
The north ½ & the southeast ¼ of the
northwest ¼ of section 29-101-44, Kanaranzi Twp, Rock County,
Minnesota.
Real Estate taxes:
Current gross taxes are $2,478.00
per year. Sellers will pay all real estate taxes due and payable in
the calendar year 2008.
Farm Service
Information for entire farm:
120 gross acres with 108.2 acres of
cropland with 55.8 acre corn base, corn yield of 114 bushel,
counter-cyclical yield of 143, soybean base acres of 52.4 acres with
a 37 bushel yield, counter-cyclical yield of 45. The balance of
11.80 acres is in waterways and road right of way. Average Crop
equivalency rating of 96.41
METHOD OF SALE
Tract #1 – 120 acres more or less. The farm is in a high state of
cultivation & fertility, with good farming practices. This farm
would be a great add-on for any farming operation.
Terms & Possession: 10% or ten percent earnest money deposit day of
sale. Buyers will enter written agreements for purchase immediately
following close of bidding. Earnest monies will be put on interest
for the buyer. Balance will be due on or before March 1, 2009, when
deed and abstract will be delivered to buyer and full possession
given on March 1, 2009.
Additional Terms & Conditions on all Tracts: Sellers will provide
deed and abstract to buyers in the manner, which is most cost
effective for the Seller. Sellers reserve right to accept or reject
all offers. All acre counts in this advertisements description have
been estimated. Bidding will be based on the amount of acres shown
in this advertisement.
DISCLAIMER: All information contained in this advertisement and all
related materials are subject to the Terms and Conditions outlined
in the purchase agreement. The property is being sold on an “AS IS,
WHERE IS” the Sellers or the Auction Company makes either expressed
or implied concerning the property basis, and no warranty or
representation. Each potential bidder is responsible for conducting
their own independent inspections, investigations, inquiries and due
diligence concerning the property. The information contained in this
advertisement is subject to verification by all parties relying on
it. The Sellers or the Auction Company assumes no liability for its
accuracy, errors or omissions. Conduct of the auction and increments
of bidding are at the discretion of the auctioneer. All decisions of
the auctioneers are final. Any announcements made the day of the
sale take precedence over printed material or any other oral
statements made. Kruger Realty is representing the sellers in this
auction. Buyers will sign disclosure forms to that fact. For
inspection of property or to pick up information packet contact
Tyron J. Kruger or stop at Kruger Realty Office, George, Iowa .
Linda A. Sedlickas & Dennis C. McFarland , Owners
Auctioneer: Tyron J. Kruger, George, Iowa
Licensed &
Bonded - License # 53-21
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