77 acres in the Loess Hills with Home going at Public Auction

LAND AUCTION
80 Acres +/- Spring Valley Township - Monona County, IA.
Sunday, November 21, 2010 ~ 2:00 P.M.
Sale Site will be at the Property: 37997 310th ST., Moorhead, Iowa 51558. Watch for Signs.
• Tillable Farmland & Hunting • Home (Acreage) • In the Beautiful Loess Hills
PROPERTY LOCATION
Directions: From Moorhead go East on Co Hwy E54 for 2.3 miles; Turn right (South) on Redwood Avenue and go 1.4 miles to site.

LEGAL DESCRIPTION (Parcel Legal - Abstract to Govern)
SE NE & NE NE Section 23, in T82N, R43W of the 5th P.M. in Monona County, Iowa.

TRACT DESCRIPTION
75.34± ac Taxable. FSA Information (Farm No. 2510 Tract No. 2426 Sec 23 Spring Valley): Farmland - 80.0, Cropland - 61.7, Corn Base - 54.2, DP & CC Yield - 92/92 bushels/acre . CRP Contracts: 6.84 acres at $147.92 per acre till 9/30/2012, and 0.7 acre at $100 per acre till 9/30/2016. Soils: primarily Napier silt loam, and Rawles silt loam. CSR: Weighted Average - 56.1. Gross Taxes: $1,604.42
Home (Building Site): 5 bedroom 2 Story Home with 1504 SF of living area, 1 full bath, plus a 720 SF (24F W x 30F L) 2 car unattached garage built in 2002, plus 60 x 18 farrowing house built in 1975, plus a small open front machinery shed, beautiful location in the Loess Hills and other amenities.

For a Private Showing of the Home Contact Neal and LaQueta Gorham Ph: 712-884-2379.

AUCTION TERMS AND CONDITIONS: The sale price will be determined by taking 77 Acres times the final price bid. 10% down payment on auction day with a Closing occurring on or before December 31, 2010. Date to be determined by Sellers in accordance with the specific terms of the Agreement to Purchase. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed and are capable of paying cash at closing. Possession shall be given at closing, subject to the remaining rights of the current tenant(s) for crop year 2010. Buyer will have full possession of the crop land on March 1, 2011 for the 2011 crop year. Possession of the Home is at Closing. The closing will be handled by James Gaukel Attorney - 515 Main, Mapleton, Iowa 51034 Ph: 712-881-2321.
ACCEPTANCE OF BID PRICES: The successful bidders will sign a purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Seller’s acceptance or rejection.
EASEMENTS AND LEASES: Sale of said property is subject to any and all easements of record and any and all leases.
MINERAL RIGHTS: The sale of the property shall include all mineral rights owned by the Sellers, if any.
AGENCY: McCall Auctions & Real Estate and its representatives are exclusive agents of the seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and any related materials are subject to the terms and conditions outlined in the Agreement to Purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. STATEMENT, PROMISES, OR INDUCEMENTS MADE AT THE AUCTION THAT ARE NOT CONTAINED IN THE WRITTEN AGREEMENT TO PURCHASE SHALL NOT BE VALID AND BINDING. The properties are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the sellers or the Auctioneers. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this advertising is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneers. The sellers and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneers and Seller’s at the auction are final.
AUCTION COMPANY OR OWNERS NOT RESPONSIBLE FOR ACCIDENTS.

NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
NOTE: Videotaping, flash photography, and/or public announcements will be allowed on auction day ONLY with prior approval from McCall Auctions & Real Estate.

Contact Russ McCall for further information Ph: 712-423-1901

For Complete Details, Photos, and Maps Log Onto: www.McCallAuctions.com
LaQueta "Olson" Gorham - Seller
James Gaukel, Attorney Ph: 712-881-2321
Auction Conducted By:
McCall Auctions and Real Estate
Onawa, Iowa
712-423-1901
Russ and Brent McCall, Auctioneers
Loretta McCall and Andrea Meyer, Clerks