Iowa Land Company is honored to represent the Campbell Family Trust in Union County, Iowa. The farm consists of 294.5 total acres, located 2.5 miles Southwest of Lorimor, Iowa. The farm will be offered at public auction on Oct 22th, 2019 at the Lorimor Community Center at 12pm (noon). The farm will be offered in three separate tracts (See details below). This is a great opportunity for local farmers to expand their current farming operation and give investors the ability to buy well taken care of farmland acres in an area where farmland does not come available to the public often! Tract 1 consists of 65.5 +/- acres, with 58.46 acres considered cropland acres. The CSR2 average is 64.5, with Nira-Sharpsburg, Macksburg, and Winterset silt loam soils making up the majority of the soil. Tract 2 consists of 112 +/- acres, with 85.5 +/- acres considered cropland acres. The CSR2 average is 58.9 on tract 2. Tract 3 consist of 117+/- acres with 43.22 considered cropland acres. The CSR2 average is 72.1. The farm is rented for the 2019 growing season and will be open for the 2020 growing season. Possession following a successful harvest of current bean acres.

Call Land Broker Luke Skinner at 515-468-3610 or Land Broker Matt Skinner at 515-443-5004 for more information on this Union County Land Auction.

Tract 1 65.6 +/- Acres

58.46 +/- Cropland Acres | 64.5 CSR2

Gently rolling farmland

Tile and terrace in place

Tract 2 112 +/- Acres

85.5 Cropland Acres | 59.6 CSR2

Gently rolling farmland

Tile and terrace in place

Tract 3 117 +/- Acres

43.22 +/- Cropland Acres | 72.1 CSR2

Gently rolling farmland

Tile and terrace in place

Quality recreational farm

Power in place

Well in place

Base Acres

Corn 87.95

Soybeans 87.95

PLC Yield

108 Corn

29 Soybeans

Auction Date: October 22nd, 2019

Auction Time: 12PM Noon

Auction Location: Lorimor Community Center

Auction Address: 503 Main St, Lorimor, IA 50149

Sale Method: The farm will be sold as 3 tracts at live public auction

Farm Lease: Farm tillable ground is leased for the 2019 season. Farm lease for 2020 is open.

Survey: Final bid multiplier will be based of surveyed acres

Purchase Agreement: Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the sellers attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.

Earnest Money: 10% earnest money payment is required on the day of the auction. All funds will be held in the sellers attorney trust account. Remaining balance will be due at closing.

Farm Possession: The farm is rented for the 2019 farming season. Buyer will receive full following tenants current crops being harvested.

Farm Closing: December 4th, 2019

FSA Information: Call Land Broker/Auctioneer Luke Skinner or Land Broker Matt Skinner for any FSA information questions prior to the auction. Note all FSA information is estimated to the best seller and Iowa Land Company. All information is subject to change. Farm will be subject to new FSA conservation plan.

Mineral Rights: All mineral rights will convey to the buyer.

Bidder Registration: All active bidders must be registered prior to bidding on the farm. All bidders must have a bid card to bid on the farm. Call Land Broker Luke Skinner or Land Broker Matt Skinner prior to the sale if you are unable to attend the sale but have an interest in the farm. We do have online bidding available.

Terms and Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied by the Seller or Iowa Land Company.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Iowa Land Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Iowa Land Company will take precedence over any previously printed materials or oral statements. Iowa Land Company and Seller reserve the right to preclude any person from bidding if there are any questions as to the persons credentials or fitness to bid.