George C. Schultes Testamentary Trust Land Auction

Saturday, September 13 at 10:00A.M. At the location: 1013 Oriole Ave. Audubon, IA 50025 (3 miles South of Dedham, Iowa on N-36) 174 Acres M/L Audubon County Land Viola Township Sections 4 & 5 Will be sold in 2 parcels George C. Schultes Testamentary Trust Attorney for Estate: Jay W. Halbur, Halbur Law PLC, 29997 255th St., Glidden, IA Trustees for Estate: Rick Schultes and Robert Schultes Auctioneers: Steve Seidl 712-210-0209 & Chris Ludwig 712-830-9879 For more information and soil maps please go to one of our websites: www.seidlauction.com or www.cludwigauction.com or www.auctionzip.com Auctioneer’s Note: The facts and figures provided here have been researched by the Auction Company but are not guaranteed of their accuracy. All property sold as-is, where-is and with all faults. Please note the starting time of 10:00am. All announcements made day of sale will supersede any previous advertisements. Parcel #1: 143.1 Acres M/L Located in the NW1/4 of Section 4 Viola Twp. CSR II: 74.89 Taxes: $5,154.00 PLC: Corn: 159 Soybean: 48 Oats: 62 This parcel includes 20.01 acres of CRP with an annual payment of $3,268.00 and expires in 2030. Parcel #2: 30.9 Acres M/L Located in the NE1/4 of Section 5 Viola Twp. CSR II: 62.45 Taxes: $984.00 PLC: Corn: 159 Soybean: 48 Oats: 62 This parcel includes a 40’ x 60’ steel machine shed and 18’ x 27’ steel bin TERMS & CONDITIONS: Each Parcel will be sold separately and remain sold to the highest bidder. Bid will be X times the amount of dollars per acre. Successful bidder(s) will be required to pay a 10% down payment on day of sale and sign a standard real estate contract with the balance due in approximately 30 days. Taxes will be prorated. All property sold subject to farm tenant rights. Successful bidder(s) required to assume all CRP contract obligations as successor. FSA Figures: Farmland: 167.29 acres DCP Cropland: 157.62 acres with CRP of 20.01 acres Base Acres: Corn 65.6 Soybeans 65.72 Oats .20 (NOTE: This is a combination of both parcels and will be reconstituted on change of ownership) All Parcels located: T-81-N R-34-W Viola Twp. Audubon County, Iowa