FARMLAND AUCTION

We will offer for auction, the following farmland,

located 2˝ miles South of Kalona, IA on Hwy 1

Friday – March 9, 2012

 10:00am

97 ACRES M/L

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WASHINGTON COUNTY – ENGLISH RIVER TWP

SECTIONS 30 & 31

Auction to be conducted on site

There are 76.8 tillable acres with a CSR of 61.4. There are 67.5 acres in the CRP Program with the following contracts: 50.6 acres in at $142.61/ acre thru 2020, 3.2 acres in at $144.31/ acre thru 2014, 6.8 acres in at $188.50/ acre thru 2019, 3.9 acres in at $116.76/ acre thru 2015 & 2 acres in at $134.14/ acre thru 2013. The 50.6 acre contract was enrolled in 2010 & could be bought out with penalty & be farmed. There are 9.2 acres that are not in the CRP Program and with some improvements, could be farmed.  The corn base is 9.2 acres with a yield of 108 bu/ acre.

This farm features a creek area & 2 ponds which provide a good habitat for wildlife. Legal description: NW NW excluding Parcel K & M, NE NW, SW SW excluding Parcel P, in English River Twp, Sections 31 & 30, Washington County, IA

This farm is entered into the Counter Cyclical Program of Washington County

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 April 9, 2012, at which time the deed & abstract will be delivered.

CLOSING & POSSESSION: On or before April 9, 2012.

TAXES:  Prorated to date of closing.

All announcements made day of auction

take precedence over all previous advertising.

HWY 1 PROPERTIES LLC: Owner

Attorney:  Doug Tindal, 305 W Main St Ste A, Washington, IA  52353

AUCTIONEER:

Dwight Duwa - 319-646-6775

Web: duwaauction.com     
Not responsible in case of theft or accidents