TERMS: At the conclusion of the auction the buyer(s) will be asked to sign a Real Estate Contract putting 20 percent of the sale price in escrow with Salvo, Deren, Schenck, Gross, Swain, & Argotsinger, PC Law Firm Trust Account, Marcus Gross, Attorney. Balance of the funds will be due and payable on or before closing on November 15th, 2022.  Sellers will furnish buyer(s) with abstract showing marketable title and deed. Taxes will be prorated to closing date and paid by sellers. Buyer(s) to receive full farming rights for the 2023 crop year.
CLOSING DATE: On or before November 15th, 2022
POSSESSION:  Landlords possession at closing. Full possession and full farming rights on March 1st, 2023.  Sellers retain all 2022 rental income.

ADDITIONAL CONDITIONS:  Property is being sold “as is” subject to any current right-of-ways or easements. All information has been gathered from sources deemed reliable, however neither Mary H. Finken Estate nor Schaben Real Estate, LLC make any guarantees, either expressed or implied, as to their accuracy. It is the responsibility of the buyer(s) to exercise due diligence to verify any and all figures. Any announcements made day of sale take precedence over printed material. All bidding increments are at the discretion of Schaben Real Estate, LLC. Successful bidder(s) will enter into a purchase agreement contract at the conclusion of the auction. Sale is not contingent on Buyer(s) financing. 
AGENCY DISCLOSURE: Schaben Real Estate, LLC  represents the seller in this transaction. Marcus Gross, Attorney for Mary H. Finken Estate.
For more info contact Jim Schaben at 712-263-9449.

Tract 1

SECTION 19, UNION TOWNSHIP,
SHELBY COUNTY, IOWA

Directions to Farm:
The farm is located 1/2 mile West of the intersection of M-16 & 210th St. OR 1 1/2 miles North of Earling, farm is on the North side of 210th St.

Tract 2

SECTION 5, UNION TOWNSHIP,
SHELBY COUNTY, IOWA

Directions to Farms:
The farm is located  4 3/4 mile North of Earling on M-16. Farm is located on the East side of M-16