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Auction Information
Auctioneer Burke Auction Service 507-259-5070
Auction Date Dec 08 Auction
Location
Lime Springs Community Center
201 Center St.
Lime Springs, IA
Time 10:00AM
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Auction Listing
AuctionZip Auctioneer ID# 42551
Land Auction -- Thursday, December 8, 2015-- 10:00 AM Philip and Vicky Montag 140 Acres m/l Howard County, IA SALE SITE: Lime Springs Community Center, 201 Center St., Lime Springs, IA Parcel #1: 70 Acres more or less TILLABLE ACRES: 69 Acres more or less AVERAGE CSR/CSR2 RATING: CSR= 64.7 / CSR2=81.2 BID DOLLAR PER SURVEYED ACRE Parcel #2: 70 Acres more or less TILLABLE ACRES: 68.2 Acres more or less AVERAGE CSR/CSR2 RATING: CSR= 72.2 / CSR2=83.4 BID DOLLAR PER SURVEYED ACRE Parcel #3: 140 Acres m/l more or less THIS IS A COMBINATION OF PARCELS #1 & #2. TILLABLE ACRES: 137.2 Acres AVERAGE CSR/CSR2 RATING: CSR= 68.5 / CSR2=82.5 BID DOLLAR PER SURVEYED ACRE DIRECTION TO PROPERTY: Property is located approximately 3 1/2 miles SE of LeRoy, MN or 7 miles W of Chester, IA or 12 miles NE of Riceville, IA. WATCH FOR SIGNS. LEGAL DESCRIPTION: The SE1/4 Except approximately the 716.31 feet of the North 1500 feet of the east 1215.41 feet in the East Half of the SE1/4 of Section 15, Township 100 North, Range 14 West of the 5th P.M., Howard County, Iowa. (Oak Dale Township). SURVEY: Property will be surveyed to determine exact acres. Survey will be at Seller's expense. Sale price will be adjusted according to survey. Existing fences may or may not be in correct locations. REAL ESTATE TAXES: $3,266 Taxes will be prorated to date of closing. WIND LEASE OPTION: There is a wind lease option on the property which pays $211 quarterly. Soil information and average CSR information is based on Surety Maps. WETLAND DETERMINATION: See attached wetland determination. LEASE: No lease to be in effect for the 2017 crop year and beyond. Tile: See attached maps. Owner says farm is mostly tiled. However, limited maps are available. See attached Howard CO. Assessor map which shows some tile. Contact Information: Burke Real Estate 124 N. Elm. St Cresco, IA 52136 Mark Burke (563)-380-2868 Office (563)547-2554 www.burkerealestatecresco.com

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CATALOG TEXT BELOW:
1 - 70 Acres more or less Parcel #1: 70 Acres m/l more or less TILLABLE ACRES: 69 Acres more or less AVERAGE CSR/CSR2 RATING: CSR= 64.7 / Note: Tillable acres have been estimated on splits. Exact tillable acres will be determined by the FSA after split is made. Bid dollar per surveyed acre

2 - 70 Acres more or less Parcel #2: 70 Acres m/l more or less TILLABLE ACRES: 68.2 Acres more or less AVERAGE CSR/CSR2 RATING: CSR= 72.2 / CSR2=83.4 Note: Tillable acres have been estimated on splits. Exact tillable acres will be determined by the FSA after split is made. BID DOLLAR PER SURVEYED ACRE

3 - 140 Acres more or less Parcel #3: 140 Acres m/l more or less THIS IS A COMBINATION OF PARCELS #1 & #2. TILLABLE ACRES: 137.2 Acres AVERAGE CSR/CSR2 RATING: CSR= 68.5 / CSR2=82.5 BID DOLLAR PER SURVEYED ACRE




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