Hollowell Farmland

150.73 Surveyed Acres of O'Brien County Farmland at AuctionThursday, February 13, 2020 @ 10:30 AMHollowell FamilyAttorney: Bruce Green, Schultz & Green Law OfficeTract 1: 71.09 surveyed acres (N 1/2 NE 1/4 excluding the 4.31 acreage site, parcels B and C in Section 36-96-40)Tract 2: 79.64 surveyed acres (S 1/2 NE 1/4 in Section 36-96-40)Auction to be held at the Hartley Community CenterLocation: From Primghar, IA go 6 miles east on 390th St and 1/2 mile north on Van Buren Ave. Signs Posted!Tract 1 General Description: Selling will be 71.09 surveyed acres of Center Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Primghar, Marcus, Ransom, Sac, Afton and Galva series. Tract 1 has an average CSR-1 of 75.7 and CSR-2 of 96.6. There are an estimated 69 +/- tillable acres. Farm is well tilled with a lot of recent pattern tile. There is a 10,000 bu grain storage bin on the property. Tract 1 Brief Legal Description: N 1/2 of NE 1/4 excluding the acreage site, parcels B and C in Section 36-96-40, Center Twp, O'Brien Co, Iowa. Property contains 71.09 surveyed acres. Tract 1 Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2020, as well as all prior taxes. The estimated net real estate taxes are $2,122 annually. Tract 2 General Description: Selling will be 79.64 surveyed acres of Center Township, O'Brien County farmland. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Sac, Primghar, Marcus, Afton, Galva, and Ransom series. Tract 2 has an average CSR-1 of 73 & CSR-2 of 94.3. There are an estimated 78.43 +/- tillable acres. The farm is well tiled.Tract 2 Brief Legal Description: S 1/2 NE 1/4 Section 36-96-40, Center Twp, O'Brien Co, Iowa. Property contains 79.64 surveyed acres. Tract 2 Farm Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2020, as well as all prior taxes. The estimated net real estate taxes are $2,388 annually. Entire Farm Corn Base/Corn Yield: According to the FSA office the corn PLC yield is 125 bushels and the soybean PLC yield is 39 bushels. The corn base is 92.8 acres and the soybean base is 54.46 acres. Method of Sale: Tracts 1 and 2 will be offered as choice via live and online bidding. The high bidder will have the option to take tract 1, tract 2 or both tracts. In the event the high bidder takes both tracts, they will remain sold and the farmland auction will be concluded. If the high bidder takes one tract, the remaining tract will then be auctioned. Terms: 10% down on the day of the auction. The balance will be due on March 13, 2020. A late charge will apply for buyers delaying the closing. The abstract will be continued to date. The buyers will have 10 days from receipt of abstract to have the abstract examined. The sellers guarantee a clear and marketable title on the property. The owners reserve the right to reject any and all bids. Successful online bidder will be notified at the conclusion of the auction. Online bidders must agree to these terms and conditions as well as online conditions prior to registering and must be verified 24 hours prior to start of auction. Possession: March 13, 2020 (Subject to current lease which will expire on February 28, 2020)Auctioneer's Note: We are pleased to offer these excellent O'Brien County farms on behalf of the Hollowell Family! The farms are well located with several nearby grain marketing opportunities. Check out our website at www.vw72.com for additional information. The farm sells from the Hartley Community Center via live and online auction. We thank you for your interest. If you have any questions please give us a call. Rich, Todd, Levi, and BrentNote: These farms are being sold "as is." While every effort has been made to ensure the accuracy of the information herein provided, no warranty is given and no responsibility is assumed by the auction company, the auctioneers, the seller or their agents concerning condition of the property, the corn bases, corn yields or other supplied information. Property is being sold subject to any easements, including road, drainage, utility or other easements of record. All prospective purchasers are encouraged to inspect and verify information provided herein. Vander Werff & Associates Inc., represent the sellers for this transaction. Any announcements made the day of the auction will supersede this advertisement. View our website for more info or to register to bidwww.vw72.comVander Werff & AssociatesSanborn, IA 51248712-729-3264Auctioneers:Rich Vander Werff 712-261-0298Todd Hattermann 712-348-0111Levi Mouw 712-441-6898Brent Vander Werff 712-540-7591