John & Julia Nickerson Estate FARMLAND AUCTION 350 ACRES M/L offer in 5 Parcels Auction Date THURSDAY June 20th 2PM Auction Location Beaman Community Center Farm Locations Sec. 28 Clay Township, Grundy Co. Iowa Sec. 15 & 22 Vienna Township, Marshall Co Iowa PROPERTY INFORMATION PACKET (PIP) Auction Coordinator: Marty Rogers CAI AARE mrogers@sageauctionsolutions.com O 800-544-5186 Executor - Larry McKibben Executrix - LaVonne Parks Closing Agent: Jan Sipe Moore, McKibben, Goodman and Lorenz 641-754- 5556
Parcels 1 & 2 Sec. 28 Clay Township, Grundy, County Iowa
Parcels 3, 4 & 5 Sec. 15 & 22 Vienna Township, Marshall County
DIRECTIONS: Parcels 1 & 2; From Conrad, Iowa go 1.5 miles east on Co. Rd D67 farm is on the north side of highway. Watch for signs. Parcels 3,4 & 5; From Beaman, Iowa go 3.5 miles south on Co Rd. T29 farm is on the west side of highway. Watch for signs. AUCTION LOCATION: Beaman Community Center, Beaman, IA LAND RECORDS: See Attached METHOD OF SALE: Farm will be offer in five parcels (1-5), high bidders choice. If you are the high bidder you may choice to take as many parcel as you wish in any combination. Any parcels that are left shall be offered in the same manner until all the parcels have been taken. OWNER: Nickerson Estate, ethal. CLOSING: On or before August 30th. 2012. DEPOSIT: $50,000 per parcel day of auction, balance due at closing TERMS & CONDITIONS: Registration: To register, bidders must provide name, address, phone number, and valid driver s license. Agency Disclosure: The Sage Auction Solutions is acting as agent on behalf of the seller(s) only. The Auctioneer is not responsible for the acts of his agents or principals. During bidding, the Auctioneer has the right to reject any bid that, in his opinion, is not commensurate with the Property value, to accept bids in any increment he feels is in the best interest of his client, the seller; to reject the bidding of anyone whose conduct, actions, or adverse comments are not in the best interest of the seller. Possession: Possession is given at closing, subject to tenants lease expires March 1st. 2014. Easements: The sale of this property is subject to any and all easements of record. Real Estate Taxes: Grundy County parcels are estimated at $26.68 per acre or $4,136 for Parcel 1 & 2. Marshall County parcels are estimated at $32.00 per acre or $2,564 for Parcel 3, $2,417 for Parcel 4 (Acreage to be excluded) and $1,520 for Parcel 5. All real estate taxes are current and shall be prorated to date of possession at closing.
Farm Lease: The 2013 farm is lease has been terminated. Second half of the cash rent sale transfer to the new buyer with the lease agreement. Second payment is $137.50 per US FSA cropland acre due November 1st. Purchase Agreement: The successful bidder shall execute a purchase agreement immediately after being declared the winning bidder by the auctioneer. Please note: The purchase agreement will offer NO contingencies for financing, or any other alterations to the agreement. PLEASE NOTE: A land surveys will be ordered, at the expense of seller, if parcel sell to different parties. The acreage on parcel has been surveyed and will sell at a later date. Please see attached survey. Terms: The property is being sold AS IS, WHERE IS without warranty or guarantee of any kind. Each potential buyer is encouraged to perform his/her own independent inspections, investigations, inquiries and due diligence concerning the described property. The sale is NOT contingent upon buyer financing. Deposits will only be refunded if the seller defaults, or as required by Iowa law. Total number of acres is estimated and may or may not represent the actual number of acres Gross taxes are estimated All information is from sources deemed reliable by Sage Auction Solutions, LLC, however, no guarantee or warranty to it s accuracy is given All statements made the day of the auction take precedence over all printed material DISCLAIMER ALL INFORMATION CONTAINED IN THIS AND OTHER ADVERTISEMENTS WAS OBTAINED FROM SOURCES BELIEVED TO BE ACCURATE. HOWEVER, NO WARRANTY OR GUARANTEE, EITHER EXPRESSED OR IMPLIED, IS INTENDED OR MADE. ALL PURCHASERS MUST INDEPENDENTLY INVESTIGATE AND CONFIRM ANY INFORMATION OR ASSUMPTIONS ON WHICH ANY BID IS BASED. NEITHER AUCTION COMPANY NOR SELLERS SHALL BE LIABLE FOR ANY ERRORS OR THE CORRECTNESS OF INFORMATION. THIS PROPERTY IS OFFERED FOR SALE TO QUALIFIED PURCHASERS WITHOUT REGARD TO PERSPECTIVE PURCHASER S RACE, COLOR, RELIGION, SEX, MARITAL STATUS OR NATIONAL ORIGIN. ALL ANNOUNCEMENTS MADE AT THE AUCTION OR IN THE BID OFFERING, TAKE PRECEDENCE OVER ANY OTHER INFORMATION OR PRINTED MATTER. PROPERTY MAY BE ADDED OR DELETED WITHOUT NOTICE OR PENALTY. PROPERTY IS SOLD AS-IS WHERE-IS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND, INCLUDING ANY REPRESENTATIONS REGARDING ENVIRONMENTAL CONDITIONS AND FITNESS FOR PARTICULAR USE, MERCHANTABILITY OR OWNERSHIP. THE AUCTION COMPANY, BROKER AND THE SELLER, THEIR SUCCESSORS AND ASSIGNS, DO NOT MAKE OR HAVE MADE ANY REPRESENTATION OR WARRANTY WITH RESPECT TO THE ACCURACY, CORRECTNESS, OR COMPLETENESS OF THE INFORMATION, THE CONTENTS OR MEANING OF THE INFORMATION CONTAINED HEREIN, OR THE VALUATION OF THE PROPERTY. ANY DECISION TO PURCHASE OR NOT TO PURCHASE THE PROPERTY DESCRIBED IS THE SOLE AND INDEPENDENT BUSINESS DECISION OF THE POTENTIAL PURCHASER. NO RECOURSE OR CAUSE OF ACTION WILL LIE AGAINST ANY OF THE HERE-IN PARTIES SHOULD PURCHASER BECOME DISSATISFIED WITH ITS DECISION, WHATEVER IT MAY BE, AT A LATER TIME.
Property Information: Parcels 1 & 2
Date Created: 2/17/2013 9:10:33 PM Section 28, T86N R17W, GRUNDY COUNTY Average CSR: 91.0 Acreage: 79.80 SMS Soil Name Acres CSR Corn Slope 118 GARWIN 28.96 95.0 167.0 0-2% 120B TAMA 31.30 95.0 167.0 2-5% 120C TAMA 6.88 80.0 162.0 5-9% 120C2 TAMA 12.62 78.0 158.0 5-9% 933B SAWMILL-GARWIN 0.04 75.0 137.0 0-3% Summary 79.80 91.0 165.1 Soil boundary spatial data and table information courtesy of the Iowa Cooperative Soil Survey. Aerial photography courtesy of the Iowa Geographic Map Server. Data was provided at no charge and its accuracy is subject to their limitations. Base Map data is courtesy of the Environmental Systems Research Institute, Inc. Data was provided at no charge and its accuracy is subject to their limitations. Quarter-quarter section point information derived by The Schneider Corporation according to the principles of the original United States Public Land Survey and is intended only to be a guide in locating field boundaries. Its accuracy outside this use is not warranted in any way.
Date Created: 2/17/2013 9:06:51 PM Section 28, T86N R17W, GRUNDY COUNTY Sage Auctions Nickerson Estate E 80 Sec. 28 Average CSR: 92.4 Acreage: 76.13 SMS Soil Name Acres CSR Corn Soy Slope 118 GARWIN 16.08 95.0 167.0 56.0 0-2% 120B TAMA 48.23 95.0 167.0 56.0 2-5% 120C TAMA 2.32 80.0 162.0 54.0 5-9% 120C2 TAMA 9.50 78.0 158.0 53.0 5-9% Summary 76.13 92.4 165.7 55.6 Soil boundary spatial data and table information courtesy of the Iowa Cooperative Soil Survey. Aerial photography courtesy of the Iowa Geographic Map Server. Data was provided at no charge and its accuracy is subject to their limitations. Base Map data is courtesy of the Environmental Systems Research Institute, Inc. Data was provided at no charge and its accuracy is subject to their limitations. Quarter-quarter section point information derived by The Schneider Corporation according to the principles of the original United States Public Land Survey and is intended only to be a guide in locating field boundaries. Its accuracy outside this use is not warranted in any way.
Property Information: Parcels 3, 4 & 5
Date Created: 2/17/2013 8:49:04 PM Section 15, T85N R17W, MARSHALL COUNTY Sage Auctions Nickerson Estate N 80 Sect 15 Average CSR: 94.1 Acreage: 77.01 SMS Soil Name Acres CSR Corn Soy Slope 118 GARWIN 11.16 95.0 167.0 56.0 0-2% 119 MUSCATINE 34.46 100.0 170.0 57.0 1-3% 11B COLO-ELY 2.15 68.0 144.0 48.0 2-5% 120B TAMA 20.13 95.0 167.0 56.0 2-5% 120C TAMA 0.14 80.0 162.0 54.0 5-9% 120C2 TAMA 0.06 78.0 158.0 53.0 5-9% 133B COLO 5.96 75.0 133.0 45.0 2-5% 377C2 DINSDALE 2.95 73.0 151.0 51.0 5-9% Summary 77.01 94.1 164.4 55.2 Soil boundary spatial data and table information courtesy of the Iowa Cooperative Soil Survey. Aerial photography courtesy of the Iowa Geographic Map Server. Data was provided at no charge and its accuracy is subject to their limitations. Base Map data is courtesy of the Environmental Systems Research Institute, Inc. Data was provided at no charge and its accuracy is subject to their limitations. Quarter-quarter section point information derived by The Schneider Corporation according to the principles of the original United States Public Land Survey and is intended only to be a guide in locating field boundaries. Its accuracy outside this use is not warranted in any way.
Date Created: 2/17/2013 8:55:10 PM Section 15, T85N R17W, MARSHALL COUNTY Sage Auctions Nickerson Estate S 80 Sect 15 Average CSR: 95.6 Acreage: 73.91 SMS Soil Name Acres CSR Corn Soy Slope 118 GARWIN 27.27 95.0 167.0 56.0 0-2% 119 MUSCATINE 22.11 100.0 170.0 57.0 1-3% 120B TAMA 21.21 95.0 167.0 56.0 2-5% 120C2 TAMA 1.14 78.0 158.0 53.0 5-9% 133B COLO 1.70 75.0 133.0 45.0 2-5% 377C2 DINSDALE 0.48 73.0 151.0 51.0 5-9% Summary 73.91 95.6 166.9 56.0 Soil boundary spatial data and table information courtesy of the Iowa Cooperative Soil Survey. Aerial photography courtesy of the Iowa Geographic Map Server. Data was provided at no charge and its accuracy is subject to their limitations. Base Map data is courtesy of the Environmental Systems Research Institute, Inc. Data was provided at no charge and its accuracy is subject to their limitations. Quarter-quarter section point information derived by The Schneider Corporation according to the principles of the original United States Public Land Survey and is intended only to be a guide in locating field boundaries. Its accuracy outside this use is not warranted in any way.
Date Created: 2/17/2013 8:58:36 PM Section 22, T85N R17W, MARSHALL COUNTY Sage Auctions Nickerson Estate 40 Acres Sect.22 Average CSR: 97.1 Acreage: 37.68 SMS Soil Name Acres CSR Corn Soy Slope 118 GARWIN 11.24 95.0 167.0 56.0 0-2% 119 MUSCATINE 12.54 100.0 170.0 57.0 1-3% 120 TAMA 3.19 100.0 170.0 57.0 0-2% 120B TAMA 10.71 95.0 167.0 56.0 2-5% Summary 37.68 97.1 168.3 56.4 Soil boundary spatial data and table information courtesy of the Iowa Cooperative Soil Survey. Aerial photography courtesy of the Iowa Geographic Map Server. Data was provided at no charge and its accuracy is subject to their limitations. Base Map data is courtesy of the Environmental Systems Research Institute, Inc. Data was provided at no charge and its accuracy is subject to their limitations. Quarter-quarter section point information derived by The Schneider Corporation according to the principles of the original United States Public Land Survey and is intended only to be a guide in locating field boundaries. Its accuracy outside this use is not warranted in any way.