226.75 ACRES OF BIGELOW TOWNSHIP, NOBLES COUNTY, MINNESOTA FARM LAND AUCTION

Monday, December 20, 2010

SALE STARTS AT 10:00 A.M.

AUCTION HELD AT THE BIGELOW COMMUNITY BUILDING ON MAIN STREET IN BIGELOW, MINNESOTA

LOCATION:  The farm is located from Bigelow, Minnesota;  2 miles north on Highway 60, 1 mile west on County Road 4; and ½ mile north.  Auction sign will be posted at the farm.

ABBREVIATED LEGAL:  “Part of the Northwest Quarter and other tracts in Section 19, Bigelow Township, Nobles County, Minnesota.”

FARM INFORMATION:  Selling will be 226.75 surveyed acres.  FSA records show 207.6 tillable acres and an additional 3.0 acres in CRP.  FSA corn base is 123.7 acres with a 112 DY and CC yield.  FSA soybean base is 83.8 acres with 38 DY and CC yield.  Nobles County Assessor shows CER rating at 74.  Current taxes for the farm are $6,838 per year.

TERMS:  Fifteen percent (15%) 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 approval by owner.  Balance will be due on or before January 28, 2011, when deed and abstract showing merchantable title will be delivered and possession will be given.  Sellers have paid all 2010 real estate taxes.  Buyers will pay all 2011 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 Purhase 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.

Auctioneers:  Doug Houlton – 712-251-5188; Del Beyer – 712-348-2738; Kevin T. Klaassen – 712-754-3500

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

See full bill also at www.beyeronline.com or www.klaassenrealty.com