Auctioneers: Rich Vander Werff Todd Hattermann Levi Mouw Brent Vander Werff

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Auctioneers: Rich Vander Werff 712-261-0298 Todd Hattermann 712-348-0111 Levi Mouw 712-441-6898 Brent Vander Werff 712-540-7591

215 Main Street, Sanborn, Iowa 51248 Specializing in Iowa Farmland Auctions! 712-729-3264 (office) * 712-729-5676 (fax) auctions@tcaexpress.com www.vw72.com Auctioneers Rich Vander Werff 712-261-0298 Todd Hattermann 712-348-0111 Levi Mouw 712-441-6898 Brent Vander Werff 712-540-7591

FARMLAND AUCTION FORMATION General Description: Selling will be an excellent inside 78.09 surveyed acre farm located in Center Twp, O Brien County, Iowa. This farm is level to gently sloped and the soil types on the farm consist of the Primghar, Marcus, Galva & Ransom series. The average CSR-1 on the tillable acres is 78.2 and the average CSR-2 is 98.9. The farm is all tillable excluding road and ditch. There is a highline tower and easement on the property towards the east side of the farm. Brief Legal Description: N 1/2 SW 1/4 of Section 6-96-40, O Brien County, Iowa. Property contains 78.0 surveyed acres. Farm Corn Base/Corn Yield: The corn PLC yield is 158 bushels, the soybean PLC yield is 57 bushels. The corn base is 58.72 acres, the soybean base is 19.58 acres. Real Estate Taxes: Sellers will pay all real estate taxes which would become delinquent if not paid by October 1, 2019, as well as all prior taxes. The estimated net real estate taxes are $2528 per year. Method of Sale: Bid price per acre times the surveyed acres via live and online auction simultaneously. Terms: 10% down on the day of the auction. The balance will be due on January 3, 2019. 2018 crop year lease payments will remain the sellers. 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: January 3, 2019 (Subject to current lease which will expire February 28, 2019). Auctioneer s Note: We welcome the opportunity to sell this excellent farm for the Grace Dean Family! Here s an excellent inside tract near several grain marketing facilities and located adjacent to Hwy 59. The State of Iowa owns the right of way here adjacent to Hwy 59, thus the farm is 100% tillable. This farm has very good soils and high CSR ratings. Remember the farm sells from the Sanborn Community Building. An aerial video of this farm along with other information is posted on our website at www.vw72.com. Thanks for your interest and if we can help you, please give us a call. Rich, Todd, Levi, and Brent Note: This farm is 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.

Location: From the east side of Sanborn, IA go 1 mile east on Hwy 18, then 1 1/2 miles south on Hwy 59 OR from Primghar, IA go 5 1/2 miles north on Hwy 59. Auction signs will be posted.

Thank you for our interest in Vander Werff and Associates, Inc services. I hope you will find our company to be helpful whether you are in need of an appraisal, auction, or real estate services. We stand ready to serve you, as well as answer any questions you might have. Our auction staff has a wealth of knowledge of the field. We've been conducting auctions of all types for over 40 years. Whether you are considering a sale of farm land, farm equipment, antiques, business, residential real estate, commercial real estate or household items, we can meet your needs in a professional manner while obtaining the top price for your property. We also hold bi-annual farm equipment consignment auctions at our lot located east of Sanborn. Our appraisal staff includes three certified general real property appraisers, two certified residential appraisers, one certified associate general appraiser, and two non-certified appraisers. Our appraisers and support staff have well over 75 years of combined experience in the preparation of commercial, industrial, business, agricultural, residential and chattel appraisals. We are licensed in Iowa, Nebraska, South Dakota, and Minnesota. We have also completed other appraisals through reciprocity licensing in Wisconsin, North Dakota, Kansas, Wyoming, West Virginia, Missouri, Georgia, Indiana, Vermont, and Illinois. No matter what the nature of your appraisal, I am confident we can provide professional, reasonably priced appraisal services for you! Our realtors specialize in the sale of farm real estate; however have also sold many residential and commercial properties. My staff will work hard to obtain the best possible price for your property, while handling themselves in a professional manner. We are firmly dedicated to our mission statement: Vander Werff & Associates, Inc is committed to a standard of excellence in all areas of client service. We are dedicated to providing superior service to all clients including lenders, attorneys, corporations, individuals, and fellow workers. All will be served with the courtesy, respect, and compassion which communicates a desire to meet another's needs with a personal, efficient, and caring approach. Kindest Regards, Rich Vander Werff, President MSA CAI

SPECIALIZING IN IOWA FARMLAND AUCTIONS! Celebrating 46 years in business!!! 215 Main Street, Sanborn, Iowa 51248 712-729-3264 (office) 712-729-5676 (fax) auctions@tcaexpress.net www.vw72.com (web site) Professional Service Since 1972