186± ACRES - 3 TRACTS

ALL 3 TRACTS ARE LOCATED IN SECTIONS 26 AND 35,
VERNON TOWNSHIP, VAN BUREN COUNTY, IOWA

Located 2 miles south of Bonaparte, Iowa on Hwy. W-40 then west 2 miles on Hwy. #2, then south 1-1/2 miles on Robin Avenue, then west .7 mile on 270th Street, then north ¼ mile on Quill Road.

THIS REAL ESTATE POSITIVELY SELLS TO THE HIGHEST BIDDER! (Subject only to court approval)

TRACT INFORMATION
TRACT #1 - 80 ACRES, M/L, INCLUDING A BARN, FEED BUNK, & HARVESTORE
- FSA indicates 45.7 tillable acres with remainder in cattle set-up, nice pond and improved pastureland.
- Soil types include Seymour silt loam, Edina silt loam, and Kniffen silty clay loam.
- This is a very nice tract suitable for corn and soybean row crops or a great cow/calf farm with barn and feed set-up.
- FSA indicates a 91 bushel corn yield with 17.2 base acres (includes Tract #2).
- FSA indicates a 23 bushel bean yield with 17.2 base acres (includes Tract #2).
- Access off Quill Road.

TRACT #2 - 20 ACRES, M/L, WITH TILLABLE GROUND AND TIMBER
- FSA indicates 14.68 tillable acres with the balance in timber.
- FSA indicates a 91 bushel corn yield with 17.2 base acres (includes Tract #1).
- FSA indicates a 23 bushel bean yield with 17.2 base acres (includes Tract #1).
- Soil types include Seymour silt loam, Gara clay loam, Kniffen silty clay loam, and Armstrong clay loam.
- There are no buildings on this tract.
- This tract would be conducive as a building site.
- Access off Quill Road.

TRACT #3 - 86 ACRES, M/L, OF EXCELLENT PASTURE WITH A POND
- This tract offers excellent pasture ground with some tillable potential.
- Soil types include Nodaway-Coppock-Cantril complex, Olmitz-Vesser-Zook complex, and Kniffen silt loam among other soil types.
- This tract provides good perimeter fences for cattle.
- Small pond for livestock water.
- Remainder of pasture is in timber.
- There are no buildings on this tract.

METHOD AND TERMS OF SALE
These tracts will be sold on a price per acre basis, based on the indicated acres and offered through the marketing method of "Buyer's Choice" whereas the successful buyer can elect them in any order. Once all tracts have been elected (whether it takes one go around of auctioning or three), the auction will then be over. They will not be offered at the end in their entirety. Twenty percent (20%) of the final bid price to be paid on the day of the auction with the balance due at closing which will be on or before January 17, 2012 upon delivery of merchantable abstract and deed. Immediately following the auction the successful buyer(s) shall enter into a written agreement with the sellers. Possession on all tracts will be given at closing. The real estate taxes will be prorated to date of closing on the basis of the last available tax statement and all prior taxes.
All announcements made sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".