Farmland Auction

160 Acres M/L

Thursday, Aug. 25th, 2011

10:00 AM

Auction Site: Ledyard Community Building

Ledyard, Iowa

Legal Description: The Northwest Quarter (NW1/4) Section 17 T-100N R27W of the 5thP.M.

General Description: 155.76 taxable acres, 157.8 FSA Cropland Acres, FSA Cornbase 78.3 Acres, Direct Yield 127 Bu. FSA Soybean Base 78.3 Acres, Direst Yield 34 Bu. CC Yield 41 Bu. CSR 73.1 No FSA designated HEL. Tract contains a prior converted wetland.

Terms of Auction

Real Estate Taxes: Annual Taxes: Annual Taxes $2878.00. Seller will pay all taxes due & dilinquent October 1, 2011, April 1, 2012 & October1, 2012. Any special assessments constituting a lien will be paid by seller at closing.

Closing and Possession: Closing will be on or before November 1, 2011 at Central States Agency LLC, Bancroft. Possession will be subject to current lease.

Terms: 10% Down payment day of Auction. Buyer will sign a purchase contract on auction date. Final sale is subject to approval of seller adn seller shall have the right to reject any and all bids.

Note: While every effort was made to ensure the accuracy of the information herein provided, no warranty is given and no responibility is assumed by Central States Agency LLC, Clark Auction Service or the owners concerning condition of the property, corn base, corn yields or other supplied information. All prospective purchasers are encouraged to inspect and verify all the information provided herein. Any announcements made day of the auction will supersede this advertisement.

L.J. Skeie (Owner)

Auctioneers

Jerry Clark - 515-320-2213

Dave Guerdet - 712-363-4799

Contact Central States Agency LLC at 515-885-2649 or www.centralstatesrealestate.com for more information