TERMS OF SALE Purchaser(s) will be expected to pay 10% of the purchase price on day of sale and sign a standard real estate contract agreeing to pay the balance in full on or before March 20, 2018. Full possession will be given upon closing. There are no Buyer contingencies of any kind – all potential bidders are to have financial arrangements made prior to bidding. Information presented is deemed from reliable sources, however cannot be guaranteed by the Auctioneers. Potential buyers should do their own investigation of the properties. Sale is subject to District Court Approval. Any announcements made day of sale will supersede any advertising.

POCAHONTAS COUNTY, IOWA FARMLAND 438 +/- Acres of Farmland in Dover & Grant Townships to be sold at: PUBLIC AUCTION Tuesday, February 13, 2018 at: 10:00 A.M. Sale to be conducted at the St. Columbkilles Parish Hall in Varina, IA. Farm # 1 is located from Varina, IA. 3 miles east on C29, 1/2 mile south on 140th Ave.; Farms # 2, # 3 & # 4 are located from Varina, IA., 5 miles east on C29; Farm # 5 is located on the north edge of Varina. FARM # 1: LEGAL DESCRIPTION: The E½ SE¼ & the East 35 acres of the W½ SE¼ of Section 34, T91N, R34W of the 5th P.M., Pocahontas County, Iowa. GENERAL DESCRIPTION: A 115 acre, m/l, parcel with CSR(2) of 86.8 & CSR of 79.7 FSA indicates Cropland Acres of 111.09; Corn Base of 55.30 with a yield index of 168; Soybean Base of 54.50 with a yield index of 43. There is a small bin site with 2 metal grain bins. FARM # 2: LEGAL DESCRIPTION: The SE ¼ of Section 25, T91N, R34W of the 5th P.M., Pocahontas County, Iowa, except Lot 1 in the SW ¼ SE¼ of said Section 25-91-34. GENERAL DESCRIPTION: A bare 155 acre, m/l, parcel. CSR(2) of 82.8 & CSR of 74.7.FSA indicates Cropland Acres of 152.01 of which 5.15 acres are enrolled in a buffer strip CRP program. The active cropland acres of 146.86 with a Corn Base of 72.80 with a yield index of 168; Soybean Base of 71.80 with a yield index of 43. The 5.15 acres in the CRP program are computed on the basis of $ 300./Acre ($ 1,545./yr.) and this contract expires on September 30, 2032. FARM # 3: LEGAL DESCRIPTION: The N½ SW¼ of Section 30, T91N, R33W of the 5th P.M. & a parcel of land in the NW corner of the S½ SW¼, of said Section 30-91-33. GENERAL DESCRIPTION: A bare 83 acre, m/l, parcel. CSR(2) of 82.7 & CSR of 74. FSA: Cropland acres of 78.45 of which 10.02 acres are enrolled in a buffer strip CRP program. Active crop acres of 68.43 with Corn Base of 33.70 with a yield index of 168; Soybean base of 33.20 with a yield index of 43. The 10.02 acres in the CRP program are computed on the basis of $ 300./Acre ($ 3,006./year) and the contract expires on September 30, 2032. FARM # 4 LEGAL DESCRIPTION: The N½ SW¼ of Section 25, T91N, R34W of the 5th P.M., Pocahontas County, Iowa. GENERAL DESCRIPTION: A bare 80 acre, m/l, parcel. CSR(2) of 74.1 & CSR of 67.3. FSA: Cropland acres of 75.04 of which 5.54 acres are enrolled in a buffer strip CRP program. Remaining active crop acres of 69.50 with a Corn Base of 34.90 with a yield index of 168; Soybean base of 34.90 with a yield index of 43. The 5.54 acres in the CRP program are computed on the basis of $ 300./Acre ($ 1,662./year) and expires on September 30, 2032. FARM # 5 LEGAL DESCRIPTION: A tract of land lying SE of the former RR right-of-way, located in the SE1/4 SE1/4 of Section 30, T91N R34W of the 5th P.M., Pocahontas County, Iowa. GENERAL DESCRIPTION: A 4.89 acre, m/l. parcel of land, which is primarily all tillable, except for a small building site which includes a 24’x32' +/- storage garage. CSR(2) of approx. 74.5 & CSR of 68.8. FSA: No data available.