103.91 Acres of Lyon County, IA. Garfield Twp. Farmland

Wednesday Dec. 5, 2012---Sale time: 10:30 A.M. Location: From Doon, IA. from intersection of A52/K42 go 2 miles East on

Blktop A-52 to Grant Ave. then go 1/4 mile south on Grant Ave. Land is on west

side of road. Land will be sold at site of land. Auction signs will be posted!

Stella Van Veldhuizen Estate and Heirs –owners William Van Veldhuizen and Leroy Van Veldhuizen-Executors

Auctioneers and RE Brokers

Mark Zomer-712-470-2526

Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068

Joel Westra-605-310-6941

Pete Atkins-605-351-9847

Joel Westra-605-957-2222

Auctioneers: We are honored to have been asked and appreciate the opportunity to offer at public auction this tract of

farmland for the Stella Van Veldhuizen Estate and heirs. This attractive piece of farmland has been in this family for many years and represents a once in a lifetime opportunity. This piece of farmland would make an excellent addition to anyone’s current farming operation or would make a great investment! Make plans today to attend.

Legal Description: Parcels B and C of the NE ¼ of Section 31, Twp 98N, Range 45W of the 5th P.M.., Lyon County,

IA.- subject to public roads and easements of record.

General Description: This productive 103.91 surveyed acre tract of farmland has according to the Lyon County FSA

approx. 100.75 acres of tillable land with the balance in road and ditch and waterway. The land has a corn base of 71.6 acres with a direct yield and cc yield of 92 bu. There is a soybean base of 16.1 acres with a direct yield and cc yield of 30bu. The predominant soil types include: 174B, 174C2-Bolan, 28C2, 28D2-Dickman, 899-Davis, 787B-878C2-Ocheydan, 430 Ackmore and 541D-Estherville Salida. Iowa has recently changed all CSR ratings. Previous CSR rating was 38. Call for CSR info. The farm has been maintained in a corn/soybean and alfalfa rotation. The land is classified as hel and is enrolled in the acre program. If buyers desire a field driveway on the east side of the property, it will be installed at buyer’s expense. Dry and liquid manure can be applied to entire farm. However, the new owner will not be allowed to stockpile manure within 1000 ft of the acreage site. Also, new owner will not be allowed to build any type of Livestock facility on Parcels B & C properties for a period of 15 years and must maintain a 500 ft permanent setback from Parcel D. This farm has an excellent yield history and has been well maintained with manure and fertility.

Taxes: The current real estate taxes according to the Lyon County Treasurer are approx. $1270.00 per year. Sellers will

pay the real estate taxes through Dec. 31, 2012 payable in March, 2013 and in September, 2013.

Method of sale: This tract of farmland will be offered as a 103.91acre tract of farmland.

Possession: Possession will be March 15, 2013.

Terms: Purchaser(s) will be required to pay a non-refundable 10% of the purchase price immediately following the

auction and also enter into a purchase agreement with the remaining balance due and payable on closing day on or before Dec. 27, 2012 when the buyer shall receive a clear and merchantable title to the property. The farm is being sold as is as a cash sale with no finance contingencies. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all the data provided. Any announcements made the day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. The land is being sold subject to the confirmation of the sellers and court approval. If any additional information is requested, please contact the agents listed below. Auctioneers and Real Estate agents are representing the sellers. Maureen

McGill Hoogeveen –sellers attorney.