FARMLAND AUCTION
We will offer for auction, the
following farmland,
located 4 miles East of North English, IA
on F67
Thursday – February
23, 2012
10:00am
114 ACRES M/L
|
66.7 CSR – 106.5
TILLABLE ACRES
114 acres m/l with
106.53 tillable acres which are all entered into the CRP Program.
The average
CSR is 66.7.
There
are 96 acres which have been enrolled
in
the CRP Program in 2010 & could be farmed
if the buyer chooses to
terminate the CRP Contracts.
It
will be the responsibility of the buyer to repay all payments & penalties.
For
more information, contact Auction Company. The 106.53 acres are in the
following CRP contracts: 72.3 acres in at $255.07 / acre thru 2025, 23.6 acres
in at $138.20 / acre thru 2025 & 10.7 acres in at $143.43 / acre thru 2014.
Some seeding will need to be completed in the Spring
of 2012 to fulfill the requirements of the CRP contracts. This farm has Hwy access & lies along the
Legal
description: Provided per survey.
This farm is entered into
the Counter Cyclical Program of
Note:
Duwa’s Auction Service LLC shall assume no liability
for any errors, omissions or inaccuracies in the information provided.
All
critical information shall be independently verified.
TERMS: 15%
down day of auction with balance due
on or before March 23, 2012,
at which time the deed & abstract will be
delivered.
The 2012 CRP
payment will be prorated to date of closing.
CLOSING & POSSESSION: On or before March 23, 2012.
TAXES: Prorated to date of closing.
All announcements made
day of auction
take precedence over all
previous advertising.
JERRY TOWNSEND: Owner
Attorney: Bill Shafer,