Monday, November 23, 2009

SALE STARTS AT 9:00 A.M.

AUCTION HELD AT THE TOWN & COUNTRY BUILDING IN LITTLE ROCK, IOWA

LOCATION: The farm is located 5 miles north of Little Rock, Iowa; or 7 miles east of Ellsworth, Minnesota. Auction sign will be posted at the farm.

LEGAL DESCRIPTION: “East Half of Southeast Quarter of Section 28, Little Rock Township, Nobles County, Minnesota.”

FARM INFORMATION: Selling will be 80 acres (more or less). FSA records show 74.1 tillable acres with balance in road easement and waterway. FSA corn base is 39.5 acres with a 104 DY and CC yield. FSA soybean base is 32.5 acres with 32 DY and CC yield. Nobles County Assessor shows CER rating at 71.65. Current taxes for the farm are $1,762 per year.

TERMS: Ten percent earnest money on day of auction. Buyers will enter written agreement for purchase immediately following the close of bidding. All final bids are subject to final acceptance or rejection by owners. Balance will be due on or before January 29, 2010, when deed and abstract showing merchantable title will be delivered and possession will be given subject to remaining rights of current tenant. Sellers will pay the installment of real estate taxes that would become delinquent if not paid by November 15, 2009, and all prior real estate taxes. Contact auctioneers for inspection of property.

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” basis, and no warranty or representation, either expressed or implied concerning the property is made by the Sellers or the Auction Company. 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. No liability for its accuracy, errors or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the discretion of the auctioneers. All decisions of the auctioneers are final subject to owners approval. Any announcements made the day of the sale take precedence over printed material or any other oral statements made. Please contact auctioneers for additional information on the farm.

Krull Family

Auctioneers: Clark Ahders; 712-475-3993 and Kevin T. Klaassen; 712-754-3500 or 800-672-3500

Klaassen Realty is an agent for and is representing the Sellers for this auction. Klaassen Realty - Broker

See full bill also at www.klaassenrealty.com