TRACT 5 - 81.55 surveyed acres

METHOD & TERMS OF SALE - All tracts will be sold on a price per acre basis. Tracts 1 - 4 will be sold first and will be sold Buyer's Choice. Tract 5 will then be sold, followed by Tracts 6 - 11 which will be sold Buyer's Choice. Ten percent of the bid price to be paid at the completion of the auction with the balance due on or before October 28, 2024. Title Insurance in the full amount of the purchase price will be provided by the Sellers. The 2024 real estate taxes which will be due and payable in 2025 will be paid by the Sellers with the 2025 and all subsequent taxes being the responsibility of the Buyer. Possession will be given at time of closing subject only to the rights of the current tenant for the remainder of the of 2024 crop year. The farm sells free and clear of 2025 farming rights. Tracts 7 & 8 sell with a stipulation restricting the building of a hog facility. Immediately following the auction, the Buyers shall enter into a written purchase agreement with the Sellers. A copy of said contract may be inspected prior to the auction by contacting the attorney for Sellers, Gene Anderson at 319-754-7585. ALL ANNOUNCEMENTS MADE AT THE AUCTION SHALL SUPERSEDE ANY PRIOR ADVERTISING.