There is a 3% Buyer Premium

Earnest Money
5% Due the day of the auction

Possession
You will get landlord possession at closing. Full possession on March 1, 2019.

CONTRACT AND TITLE
Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC the proper non refundable earnest deposit. The Seller(s) will provide a current abstract at their own expense. Sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. Seller reserves the right to accept or reject any and all bids. DreamDirt Farm and Ranch Real Estate LLC and its representatives are agents of the Seller. Winning bidder(s) acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. The Auctioneer may accept absentee or phone bids from bidders who can not attend the auction or bid on half of the seller. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller.©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty or guarantee any information. It is possible that information has been omitted or reported in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.

Auction Details This is a live auction with online bidding available. Agent Comments What a super pair of farms in northwestern Palo Alto County with good quality soils and high CSR2 ratings. If you are looking for farmland in the area both of these farms or both would fit right into any operation or portfolio. Inventory 2 tracts of farmland Sale Method The farm will be sold at live auction. Online bidding is available if you can not attend the auction. Home Description There are no homes on the farms Building Description There are no buildings on the farms Legal Description Located in Sections 4 and 9 of Lost Island Township Palo Alto County Iowa. Possession You will get landlord possession at closing. Full possession on March 1, 2019. Closing March 15, 2018 Mineral Rights All mineral rights owned by the seller will transfer to the buyer. Soil Productivity Tract 1 87.1 Tract 2 82.7 Earnest Money 5% Due the day of the auction Farm Lease The farm is leased for 2018