WASHINGTON, IOWA Land is located 2 miles west of Washington on G38/250th Street.
Auction to be held at the Washington County Fairgrounds, Dallmeyer Hall, 611 Highway 1 South, Washington, IA
TUESDAY, FEBRUARY 11, 2020 AT 10 A.M.
40 Acres M/L Sells In 1 Tract!
Selling Free and Clear for the 2020 Farming Season!
40 Acres M/L (Subject to final survey) Approx. 38 acres tillable of which approx.0.42 acres are in CRP as follows: Approx. 0.32 acres at $247.85 = $79.31 and expires on 9-30-2023. Approx. 0.10 acres at $259.88 = $25.98 and expires on 9-30-2025. Corn Suitability Rating 2 of 84.8 (CSR1 87.5) on the tillable. Located in Section 14, Franklin Township, Washington County, Iowa.
Terms: 10% down payment on February 11, 2020. Balance due at closing with a projected date of March 10, 2020, upon delivery of merchantable abstract and deed and all objections have been met. Possession: Projected date of March 10, 2020. Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
Special Provisions: The seller has served termination to the tenant on the tillable ground and is selling free and clear for the 2020 farming season. It shall be the obligation of the buyer to report to the Washington County FSA office and show filed deed in order to receive the following if applicable: A. Allotted base acres. B. Any future government programs. C. CRP prorate. D. Final tillable & CRP acres will be determined by the FSA office. Buyer agrees to follow all requirements of conservation plans and practices required by the FSA to maintain eligibility in the Conservation Reserve Program. Buyer agrees to accept responsibility and liability for any actions by the buyer which would endanger eligibility for the CRP or actions that would require repayment of the CRP payment or payments. Buyer further agree to indemnify and hold harmless the sellers for any recovery sought by the FSA due to actions of buyer, which would violate the requirements of the CRP. In the event the buyer elects to take the ground out of CRP, the buyer will be responsible to the seller for any prorate of the CRP payment that the seller would have received. The land will be surveyed by a licensed surveyor and surveyed acres will be the multiplier. If the recorded survey is different than the announced surveyed acres, adjustments to the final contract price will be made accordingly at closing. This auction sale is not contingent upon Buyers financing or any other Buyer contingencies. Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited. The buyer shall be responsible for any fencing in accordance with Iowa state law. The buyer shall be responsible for installing his/her own entrances if needed or desired. If in the future a site clean-up is required it shall be at the expense of the buyer. This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. The buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same. Steffes Group, Inc. is representing the Seller. Any announcements made the day of sale take precedence over advertising.
Owner: Mary E. Dawson Richard S. Bordwell Attorney for Seller
For information contact, Terry Hoenig at Steffes Group, 319.385.2000 or 319.470.7120