PUBLIC LAND AUCTION393.48 ACRES SELLING IN 3 TRACTS

FREMONT COUNTY | PRAIRIE TWP | SECTION 8, 9, 10 - 69N - 41WTHURSDAY, NOVEMBER 12TH @ 10:30 AM

SELLER: RICHARD MILLERAUCTIONEER: AL HUGHES

402-672-3621BROKER: JIM HUGHES

712-520-7300W W W. A L H U G H E S A U C T I O N . C O M

DISCLAIMER: Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other statements made. All information contained in the brochure and all related materials are subject to terms & conditions outlined in the agreement to purchase. The property is being sold on an AS IS, WHERE IS basis, an no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conduction his or her own independent investigationss, inspections, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy or omissions is assumed by the seller or the auction company. All sketches & dimensions in this brochure are approximate & have been estimated based on aerial photographs. Conduct of the auction increments of bidding are the direction & discretion of the auctioneer.

METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres.

TERMS: 10% down day of auction with balance due at closing on or before Dec. 18, 2020 Abstracts will be provided for each tract.

ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to owner’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.

POSSESSION: At closing. Subject to tenants rights until March 1, 2021

AGENCY: Auctioneers Al Hughes & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients.

Location of Auction: Farm will be sold on-site at the farm on Tract 2Directions to the farms: 1 mile East of Anderson, IA on 170th St or 5 miles South of Randolph, IA on 330th Ave. Signs will be posted.

FARMLAND: 86.21 CROPLAND: 79.43CORNBASE: 39.60 PIC CORN: 161BEANBASE: 39.70 PIC BEAN: 47

CSRII: 82.6 | PART OF: 10-69N-41W

FARMLAND: EST. 229.74 CROPLAND: EST. 220.16CORNBASE: TBS PIC CORN: TBSBEANBASE: TBS PIC BEAN: TBSCSRII: 88.6 | PART OF: 9-69N-41W

TRACT 1: 83.94 ACRES

TRACT 2: 229.74 ACRES

FARMLAND: EST. 79.80 CROPLAND: 74.20CORNBASE: TBS PIC CORN: TBSBEANBASE: TBS PIC BEAN: TBSCSRII: 84.4 | PART OF: 8-69N-41W

3206 170TH ST, RANDOLPH, IA

FARM #729 TRACT #989

TRACT 1 TRACT 2 TRACT 3

TRACT 3: 79.80 ACRES

T1T1T2T2

T3T3

AUCTIONEERS NOTE: A rare opportunity to own very high quality land, highly tillable with excellent CSR2 ratings on the Nishnabotna River bottom in Fremont County Iowa. Good local grain markets in a very productive agriculture area. Farm will sell in 3 tracts. Please call with any questions or if you would like us to show you the farms.TAXES: $2,672, $33.48/ACRE

TAXES: $8,322, $36.22/ACRE

FARM #729 TRACT #965 & 989

FARM #3634 TRACT #990

TAXES: $2,752, $32.78/ACRE