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Dallas County, IA
903.93 Acres M/L

Multiple Addresses
Perry & Adel, IA 50220 & 50003

Price	Click to Bid Online
Listing	#15791

LAND AGENT

Matt Adams

Office: 515.222.1347
Mobile: 515.423.9235
Matt@PeoplesCompany.com

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Property Info

Description

Major Dallas County, Iowa Land Auction – Mark your calendar for Saturday, November 13th, 2021 at 10:00 AM! Peoples Company is honored to represent Dubridge Family Farms, LLC in the sale of 903.93 total acres m/l of prime Dallas County, Iowa farmland carrying a CSR2 rating of mid-to-high 80's!

Of the total 903.93 acres m/l in this complete portfolio, the Dubridge Family Farms, LLC farmland includes 796.47 FSA cropland acres with an estimated 782.72 acres currently in row crop production carrying a CSR2 rating in the mid-80's. There are 12.90 acres currently enrolled into one Conservation Reserve Program (CRP) contract that expires in 2036. Located in a strong farming community near several competing grain markets including both grain elevators and ethanol plants, these two highly-tillable, contiguous tracts of farmland would make for a great add-on unit to an existing farm operation or investment-grade quality land purchase. The highly tillable farmland has been proudly owned by the Dubridge Family Farms, LLC with a long-term tenant.

Tract 1: 80 acres m/l with an estimated 79 FSA cropland acres carrying a CSR2 soil rating of 87.9.
Tract 2: 75 acres m/l with an estimated 75.2 FSA cropland acres. Currently, there are 74.06 acres being farmed with a CSR2 value of 86.8.
Tract 3: 77.62 acres m/l with 74.43 FSA cropland acres and a CSR2 value of 84.3.
Tract 4: 80 acres m/l with 63.45 FSA cropland acres. Currently, there are 59.75 acres being farmed with a CSR2 rating of 82.4. There are an additional 3.70 acres enrolled into the Conservation Reserve Program (CRP) until 2036 with an annual payment of $1,110 ($300/acre).
Tract 5: 80 acres m/l with 65.64 FSA cropland acres. The planted acres for 2021 (per FSA-578 form) are 56.44 acres with a CSR2 rating of 85.8. There are an additional 9.20 acres enrolled into the Conservation Reserve Program (CRP) until 2036 with an annual payment of $2,760 ($300/acre).
Tract 6: 116.51 acres m/l with an estimated 115.52 FSA cropland acres and a CSR2 rating of 88.2.
Tract 7: 77.45 acres m/l with an estimated 77.34 FSA cropland acres and a CSR2 rating of 88.2.
Tract 8: 63.77 acres m/l with an estimated 63.62 FSA cropland acres and a CSR2 rating of 88.4.
Tract 9: 75 acres m/l with an estimated 73.51 FSA cropland acres. Currently, there are 72.74 acres being farmed with a CSR2 rating of 88.5.
Tract 10: 69 acres m/l with 69.6 FSA cropland acres. Currently, there are 69.89 acres being farmed with a CSR2 value of 87.4.
Tract 11: 69.58 acres m/l with 66.90 farmland acres and a CSR2 rating of 87.9.
Tract 12: 40 acres m/l (to be surveyed) with 39.16 FSA cropland acres with a CSR2 value of 88.4.

The twelve tracts will be offered via Public Auction and will take place at 10:00 AM at the Elks Lodge, 2823 Willis Avenue, Perry, Iowa 50220. The farmland tracts will be sold as twelve individual tracts using the "Buyers Choice" auction method on a price per acre basis, and the high bidder can take, in any order, one or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all twelve tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available.

Sign On Property: Yes
MLS Number: 640831
Parcel Number: 0231200001; 0231200003; 0231200002; 0231200005; 0231400002; 0231400004; 0232100001; 0232100002; 0232100003; 0232100004; 0635200002; 0635200003; 0635200005; 0635300002; 0635300005; 0635400001; 0635400007; 0635400002; 0635400005; 1002200001; 1002200003; 1002200002; 1002200004
General Area: Southwest of Perry, Iowa & West of Dallas Center, Iowa
Gross Taxes: $27,668.00
Zoning: Agricultural

Additional Info

Est. FSA Cropland Acres: 796.47
Est. Effective Cropland Acres: 782.72
Base Acres: 781.50
Corn: 496.4 base acres with a PLC Yield of 145
Soybeans: 285.1 base acres with a PLC Yield of 40
Farm is enrolled in ARC-CO for Corn & Soybeans
*Farm program Information is for all twelve tracts. Base Acres will be adjusted per the default method when the Farm is reconstituted by the Dallas County FSA offices.

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Tracts

Tract 1 - 170th Street, Perry, IA 50220

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Description

Tract 1 consists of 80 acres m/l with an estimated 79 FSA cropland acres and a CSR2 rating of 87.9 including high producing soil types of Canisteo clay loam, Clarion loam, and Nicollet loam. The farm has been improved with 6 to 14" drainage tile allowing unparalleled drainage from all corners of the farm (See attached Tile Map for known tile locations). This nearly 100% tillable farmland tract is located within the Northeast Quarter of Section 31 in Spring Valley Township, Dallas County, Iowa.

Est. FSA Cropland Acres: 79
Base Acres: 75.79
Corn: 57.71 base acres with a PLC Yield of 135
Soybeans: 18.08 base acres with a PLC Yield of 40

Legal Description

The West One-half of the Northeast One-quarter (W 1/2 NE 1/4) of Section 31, Township 81 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 80.00 Acres M/L
Parcel Number: 0231200001; 0231200003
CSR2: 87.90

Directions

From Perry, Iowa (Tract 1): Travel south out of town on County Highway P58 for approximately 3.75 miles, turn right (west) onto 180th Avenue. Continue for 2 miles to the intersection of 180th Street / H Avenue, and then turn right (north) onto H Avenue. Continue north for approximately 1 mile and turn left (west) onto 170th Street and continue for 0.25 miles. Tract 1 will be located on the south side of the road. Look for the Peoples Company sign.

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Tract 2 - 170th Street / H Avenue, Perry, IA 50220

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Description

Tract 2 consists of 75 acres m/l with an estimated 75.2 FSA cropland acres. Currently, there are 74.06 acres being farmed with a CSR2 value of 86.8 including high producing soil types of Canisteo clay loam, Clarion loam, and Nicollet loam. The farm has been improved with 6 to 14" drainage tile allowing unparalleled drainage from the farm (See Attached Tile Map for known tile locations). This highly tillable farmland tract is located within the Northeast Quarter of Section 31 in Spring Valley Township, Dallas County, Iowa.

Est. FSA Cropland Acres: 75.2
Base Acres: 72.15
Corn: 54.94 base acres with a PLC Yield of 135
Soybeans: 17.21 base acres with a PLC Yield of 40

Legal Description

The East One-half of the Northeast One-quarter (E 1/2 NE 1/4) EXCEPT Parcel A of Section 31, Township 81 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 75.00 Acres M/L
Parcel Number: 0231200002; 0231200005
CSR2: 86.80

Directions

From Perry, Iowa (Tract 2): Travel south out of town on County Highway P58 for approximately 3.75 miles, turn right (west) onto 180th Avenue. Continue for 2 miles to the intersection of 180th Street / H Avenue, and then turn right (north) onto H Avenue. Continue north for approximately 1 mile. Tract 2 will be located southwest of the intersection of H Avenue and 170th Street. Look for the Peoples Company signs.

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Tract 3 - 180th Street / H Avenue, Perry, IA 50220

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Description

Tract 3 consists of 77.62 acres m/l with 74.43 FSA cropland acres and a CSR2 value of 84.3 including high producing soil types of Canisteo clay loam, Clarion loam, and Nicollet loam. The farm has been improved with a 10" drainage tile line located through the middle of the farm (See Attached Tile Map for known tile locations). This hilghly tillable farmland tract is located within the Southeast Quarter of Section 31 in Spring Valley Township, Dallas County, Iowa.

FSA Cropland Acres: 74.43
Base Acres: 71.41
Corn: 54.37 base acres with a PLC Yield of 135
Soybeans: 17.04 base acres with a PLC Yield of 40

Legal Description

The East One-half of the Southeast One-quarter (E 1/2 SE 1/4) EXCEPT Parcel A of Section 31, Township 81 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 77.62 Acres M/L
Parcel Number: 0231400002; 0231400004
CSR2: 84.30

Directions

From Perry, Iowa (Tract 3): Travel south out of town on County Highway P58 for approximately 3.75 miles, turn right (west) onto 180th Avenue. Continue for 2 miles to the intersection of 180th Street / H Avenue and Tract 3 will be located immediately northwest of this intersection. Look for the Peoples Company signs.

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Tract 4 - H Avenue / 170th Street, Perry, IA 50220

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Description

Tract 4 consists of 80 acres m/l with 63.45 FSA cropland acres. Currently, there are 59.75 acres being farmed with a CSR2 rating of 82.4 including primary soil types of Canisteo clay loam, Zenor sandy loam, Nicollet loam, and Clarion loam. There are an additional 3.70 acres enrolled into the Conservation Reserve Program (CRP) until 2036. The CRP practice is CP-21 (Filter Strips) and has an annual payment of $1,110 ($300/acre).

There is a 20" drainage tile and outlet (Outlet #57) located on the southwest corner of the farm (See attached Tile Map for known tile locations). The farm is located within the Northwest Quarter of Section 32 in Spring Valley Township, Dallas County, Iowa.

FSA Cropland Acres: 63.45
Base Acres: 60.87
Corn: 46.35 base acres with a PLC Yield of 135
Soybeans: 14.52 base acres with a PLC Yield of 40

Legal Description

The North One-half of the Northwest One-quarter (N 1/2 NW 1/4) of Section 32, Township 81 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 80.00 Acres M/L
Parcel Number: 0232100001; 0232100002
CSR2: 82.40

Directions

From Perry, Iowa (Tract 4): Travel south out of town on County Highway P58 for approximately 3.75 miles, turn right (west) onto 180th Avenue. Continue for 2 miles to the intersection of 180th Street / H Avenue, and then turn right (north) onto H Avenue. Continue north for approximately 1 mile. Tract 4 will be located southeast of the intersection of H Avenue and 170th Street. Look for the Peoples Company signs.

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Tract 5 - H Avenue, Perry, IA 50220

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Description

Tract 5 consists of 80 acres m/l with 65.64 FSA cropland acres. The planted acres for 2021 (per FSA-578 form) are 56.44 acres with a CSR2 rating of 85.8 including primary soil types of Webster clay loam and Clarion loam. There are an additional 9.20 acres enrolled into the Conservation Reserve Program (CRP) until 2036. The CRP practice is CP-21 (Filter Strips) and has an annual payment of $2,760 ($300/acre).

In addition, there is an older 8" drainage tile line located in the northwest corner of the property along with a tile outlet (Outlet #49) located on the southeast corner of the farm (See attached Tile Map for known tile locations). The farm is located within the Northwest Quarter of Section 32 in Spring Valley Township, Dallas County, Iowa.

FSA Cropland Acres: 65.64
Base Acres: 62.98
Corn: 47.95 base acres with a PLC Yield of 135
Soybeans: 15.03 base acres with a PLC Yield of 40

Legal Description

The South One-half of the Northwest One-quarter (S 1/2 NW 1/4) of Section 32, Township 81 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 80.00 Acres M/L
Parcel Number: 0232100003; 0232100004
CSR2: 85.80

Directions

From Perry, Iowa (Tract 5): Travel south out of town on County Highway P58 for approximately 3.75 miles, turn right (west) onto 180th Avenue. Continue for 2 miles to the intersection of 180th Street / H Avenue, and then turn right (north) onto H Avenue. Continue north for approximately 0.50 mile. Tract 5 will be located east of H Avenue. Look for the Peoples Company signs.

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Tract 6 - 230th Street / L Avenue, Adel, IA 50003

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Description

Tract 6 consists of 116.51 acres m/l with an estimated 115.52 FSA cropland acres and a CSR2 rating of 88.2 including high producing soil types of Canisteo clay loam, Clarion loam, and Nicollet loam. The farm has been improved with a 24" drainage tile located on the eastern half of the tract with tile intakes identified on north and eastern tract boundary (See attached Tile Map for known tile locations). This highly tillable farmland tract is located within the Northeast Quarter of Section 35 in Washington Township, Dallas County, Iowa.

Est. FSA Cropland Acres: 115.52
Base Acres: 115.34
Corn: 58.70 base acres with a PLC Yield of 134
Soybeans: 56.64 base acres with a PLC Yield of 40

Legal Description

The West One-half of the Northeast One-quarter (W 1/2 NE 1/4) EXCEPT Lot A, AND the Northwest One-Quarter of the Northeast One-quarter (NW 1/4 NE 1/4) of Section 35, Township 80 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 116.51 Acres M/L
Parcel Number: 0635200002; 0635200003; 0635200005
CSR2: 88.20

Directions

From Dallas Center, Iowa (Tract 6): Travel west out of town on Iowa Highway 44 for approximately 5 miles, turn right (north) onto L Avenue. Continue for 1 mile to the intersection of 230th Street / L Avenue. Tract 6 will be located immediately southwest of this intersection. Look for the Peoples Company sign.

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Tract 9 - Iowa Hwy 44 / L Avenue, Adel, IA 50003

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Description

Tract 9 consists of 75 acres m/l with an estimated 73.51 FSA cropland acres. Currently, there are 72.74 acres being farmed with a CSR2 rating of 88.5 including high producing soil types of Clarion loam, Canisteo clay loam, and Nicollet loam. The farm has been improved with a 24" drainage tile located on the northern half of the tract with a tile outlet (Outlet #18) outletting into a small tributary of the Raccoon River (See attached Tile Map for known tile locations). This highly tillable farmland tract is located within the Southeast Quarter of Section 35 in Washington Township, Dallas County, Iowa.

Est. FSA Cropland Acres: 73.51
Base Acres: 73.42
Corn: 37.36 base acres with a PLC Yield of 134
Soybeans: 36.06 base acres with a PLC Yield of 40

Legal Description

The East One-half of the Southeast One-quarter (E 1/2 SE 1/4) EXCEPT Lot A of Section 35, Township 80 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 75.00 Acres M/L
Parcel Number: 0635400002; 0635400005
CSR2: 88.50

Directions

From Dallas Center, Iowa (Tract 9): Travel west out of town on Iowa Highway 44 for approximately 5 miles, turn right (north) onto L Avenue. Tract 9 will be located immediately northwest of the intersection of Iowa Highway 44 and L Avenue. Look for the Peoples Company sign.

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Tract 12 - L Avenue, Adel , IA 50003

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Description

Tract 12 consists of 40 acres m/l with 39.16 FSA cropland acres with a CSR2 value of 88.4 including high producing soil types of Clarion loam, Webster clay loam, and Nicollet loam. This affordable tract would be a great add-on to an existing farm operation and / or a smart investment for the Buyer looking to diversify their portfolio. There is drainage tile in the area (See attached Tile Map for known tile locations). This nearly 100% tillable farmland tract is located within the Northeast Quarter of Section 2 in Colfax Township, Dallas County, Iowa.

FSA Cropland Acres: 39.16
Base Acres: 36.16
Corn: 24.27 base acres with a PLC Yield of 134
Soybeans: 14.89 base acres with a PLC Yield of 40

Legal Description

South One-half of the Southwest One-quarter of the Northeast Fractional Quarter (N 1/2 SW 1/4 NE FRL 1/4) AND the South One-half of the Southeast One-quarter of the Northeast Fractional Quarter (N 1/2 SE 1/4 NE FRL 1/4) of Section 2, Township 79 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 40.00 Acres M/L
Parcel Number: 1002200003; 1002200004
CSR2: 88.40

Directions

From Dallas Center, Iowa (Tract 12): Travel west out of town on Iowa Highway 44 for approximately 5 miles, turn left (south) onto L Avenue. Continue south for approximately 0.5 miles and Tract 12 will be located on the west side of L Avenue. Look for the Peoples Company sign.

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Tract 7 - Iowa Hwy 44, Adel, IA 50003

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Description

Tract 7 consists of 77.45 acres m/l with an estimated 77.34 FSA cropland acres and a CSR2 rating of 88.2 including high producing soil types of Clarion loam, Canisteo clay loam, and Nicollet loam. There is drainage tile in the area (See attached Tile Map for known tile locations). This nearly 100% tillable farmland tract is located within the Southwest Quarter of Section 35 in Washington Township, Dallas County, Iowa.

Est. FSA Cropland Acres: 77.34
Base Acres: 77.24
Corn: 39.31 base acres with a PLC Yield of 134
Soybeans: 37.93 base acres with a PLC Yield of 40

Legal Description

The East One-half of the Southwest One-quarter (E 1/2 SW 1/4) EXCEPT Part of Parcel A of Section 35, Township 80 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 77.45 Acres M/L
Parcel Number: 0635300002; 0635300005
CSR2: 88.20

Directions

From Dallas Center, Iowa (Tract 7): Travel west out of town on Iowa Highway 44 for approximately 5.5 miles. Tract 7 will be located on the north side of Iowa Highway 44. Look for the Peoples Company sign.

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Tract 8 - Iowa Hwy 44, Adel, IA 50003

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Description

Tract 8 consists of 63.77 acres m/l with an estimated 63.62 FSA cropland acres and a CSR2 rating of 88.4 including high producing soil types of Clarion loam, Nicollet loam, and Canisteo clay loam. There is drainage tile in the area (See attached Tile Map for known tile locations). This nearly 100% tillable farmland tract is located within the Southeast Quarter of Section 35 in Washington Township, Dallas County, Iowa.

Est. FSA Cropland Acres: 63.62
Base Acres: 63.54
Corn: 32.34 base acres with a PLC Yield of 134
Soybeans: 31.20 base acres with a PLC Yield of 40

Legal Description

The West One-half of the Southeast One-quarter (W 1/2 SE 1/4) EXCEPT Part of Parcel A of Section 35, Township 80 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 63.77 Acres M/L
Parcel Number: 0635400001; 0635400007
CSR2: 88.40

Directions

From Dallas Center, Iowa (Tract 8): Travel west out of town on Iowa Highway 44 for approximately 5.25 miles. Tract 8 will be located on the north side of Iowa Highway 44. Look for the Peoples Company sign.

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Tract 10 - Iowa Hwy 44, Adel, IA 50003

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Description

Tract 10 consists of 69 acres m/l with 69.6 FSA cropland acres. Currently, there are 69.89 acres being farmed with a CSR2 value of 87.4 including high producing soil types of Clarion loam and Webster clay loam. There is drainage tile in the area (See attached Tile Map for known tile locations). This highly tillable farmland tract is located within the Northeast Quarter of Section 2 in Colfax Township, Dallas County, Iowa.

FSA Cropland Acres: 69.6
Base Acres: 69.6
Corn: 43.13 base acres with a PLC Yield of 134
Soybeans: 26.47 base acres with a PLC Yield of 40

Legal Description

The West One-half of the Northeast Fractional Quarter AND the North One-half of the Southwest One-quarter of the Northeast Fractional Quarter (N 1/2 SW 1/4 NE FRL 1/4) of Section 2, Township 79 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 69.00 Acres M/L
Parcel Number: 1002200001; 1002200003
CSR2: 87.40

Directions

From Dallas Center, Iowa (Tract 10): Travel west out of town on Iowa Highway 44 for approximately 5.25 miles. Tract 10 will be located on the south side of Iowa Highway 44. Look for the Peoples Company sign.

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Tract 11 - Iowa Hwy 44 / L Avenue, Adel, IA 50003

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Description

Tract 11 consists of 69.58 acres m/l with 66.90 farmland acres. Currently, this tract has been utilized as pasture with well-maintained fences, but the soils underneath are very comparable to the surrounding tracts with the high producing soil types of Canisteo clay loam, Clarion loam, and Nicollet loam carrying a CSR2 rating of 85.1. There is drainage tile around the area (See attached Tile Map for known tile locations). Property has good access from both the north and east side of the property, which holds many opportunities for a possible building site location. The farm is located within the Northeast Quarter of Section 2 in Colfax Township, Dallas County, Iowa.

Legal Description

The East One-half of the Northeast Fractional Quarter AND the North One-half of the Southeast One-quarter of the Northeast Fractional Quarter (N 1/2 SE 1/4 NE FRL 1/4) of Section 2, Township 79 North, Range 28 West of the 5th P.M., Dallas County, Iowa. Exact legal description to be taken from Abstract.

Details

Acres: 69.58 Acres M/L
Parcel Number: 1002200002; 1002200004
CSR2: 85.10

Directions

From Dallas Center, Iowa (Tract 11): Travel west out of town on Iowa Highway 44 for approximately 5 miles, turn left (south) onto L Avenue. Tract 11 will be located immediately southwest of the intersection of Iowa Highway 44 and L Avenue. Look for the Peoples Company sign.

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Auction Details & Terms

Auction Location Map

Major Dallas County, Iowa Land Auction
903.93 Acres M/L
Offered in Twelve Tracts
Saturday, November 13th, 2021
10:00 AM

Auction Location:
Elks Lodge
2823 Willis Avenue
Perry, Iowa 50220

Seller: Dubridge Family Farms, LLC

Representing Attorney: DuWayne J. Dalen at Finneseth, Dalen & Powell, P.L.C

Auction Method: All tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, any or all tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all twelve tracts have been purchased. Tracts will not be offered in their entirety or combined at the conclusion of the auction.

Tract 1: 80 Acres M/L
Tract 2: 75 Acres M/L
Tract 3: 77.62 Acres M/L
Tract 4: 80 Acres M/L
Tract 5: 80 Acres M/L
Tract 6: 116.51 Acres M/L
Tract 7: 77.45 Acres M/L
Tract 8: 63.77 Acres M/L
Tract 9: 75 Acres M/L
Tract 10: 69 Acres M/L
Tract 11: 69.58 Acres M/L
Tract 12: 40 Acres M/L (to be surveyed)

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Farm Program Information: Farm Program Information is provided by the Dallas County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Dallas County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in Peoples Company’s Trust Account.

Closing: Closing will occur on or before Wednesday, December 22nd, 2021. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer.

Possession: Possession of the land will be given At Closing, Subject to Tenant's Rights.

Farm Lease: Farming rights will be available for the 2022 cropping year.

CRP Contracts: CRP contracts will be conveyed to the Buyer/s At Closing. Seller will retain all CRP payments payable in 2021 and Buyer will receive the 2022 and beyond payments.

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

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from abstract.