Helmig LLC Land Auction - November 12, 2010
HELMIG LLC LAND AUCTION
1221 Ash Avenue
Wayland, Iowa
FRIDAY, NOVEMBER 12, 2010 • 11:00 A.M. Unreserved Land Auction
94.78 Acres - Selling in Two Tracts
Located 1/2 miles West of Wayland on State Highway 78,
Then South 1 Mile on Benton to 120th Street,
Then West 1.8 Miles to Ash Avenue
Public Showing November 1st - 3:00 - 5:00
TRACT 1 (Click for Description)
(Lot 1 of Hilltop Subdivision, Henry County, Iowa) • 75.26 SURVEYED TAXABLE ACRES
GOOD CORN AND SOYBEAN LAND, CURRENTLY IN CRP
FSA INFORMATION: 50.19 ACRES TILLABLE
CRP ACRES 44.89 AT 105.73 EXPIRES SEPT. 30, 2018
5.3 ACRES AT 119.81 EXPIRES SEPT. 30, 2018
TOTAL ANNUAL CRP PAYMENT FOR TRACT 1 IS $5,381.20
CORN SUITABILITY RATING ON TRACT 1 IS 45.7
MAJORITY SOIL TYPES ARE FAYETTE AND CHELSEA- LAMONT-FAYETTE
LOCATED IN SECTION 18 JEFFERSON TOWNSHIP, HENRY COUNTY, IOWA
LEGAL DESCRIPTION: HILLTOP SUBDIVISION LOT 1
ADDITIONAL INFORMATION ON TRACT 1:
THE BUYER WILL RECEIVE A 60 FOOTWIDE PERMANENT EASEMENT FOR INGRESS AND EGRESS OVER AND
ACROSS LOT 2. THIS EASEMENT WILL REMAIN OPEN, UNENCUMBERED AND UNFENCED AT THE ROADS OPENING.
TRACT 2 (Click for Description)
(Lot 3 of Hilltop Subdivision, Henry County, Iowa) • 19.52 SURVEYED TAXABLE ACRES
GOOD CORN AND SOYBEAN LAND CURRENTLY IN CRP
FSA INFORMATION: 19.19 ACRES TILLABLE
CRP ACRES 19.19 AT $105.73 EXPIRES SEPT. 30, 2018
TOTAL ANNUAL CRP PAYMENT FOR TRACT 2 IS $2,028.95
CORN SUITABILITY RATING FOR TRACT 2 IS 64.6
MAJORITY SOIL TYPE IS CLINTON
LOCATED IN SECTION 18 JEFFERSON TOWNSHIP, HENRY COUNTY, IOWA
LEGAL DESCRIPTION: HILLTOP SUBDIVISION LOT 3
EXTENSIVE TERRACE AND DRAINAGE TILE WORK DONE ON TRACK 2
TRACTS 1 & 2
ALL FENCING RESPONSIBILITIES AND LEGALITIES FOR FENCES BETWEEN LOT 1 OF HILLTOP SUBDIVISION AND
LOT 2 OF HILLTOP SUBDIVISION OR LOT 2 OF HILLTOP SUBDIVISION AND LOT 3 OF HILLTOP SUBDIVISION WILL
BE THE SOLE RESPONSIBILITY OF THE OWNER OF HILLTOP SUBDIVISION LOT 2 INCLUDING, BUT NOT LIMITED
TO, BUILDING THEREOF AND MAINTENANCE. LOT 1 AND LOT 3 DO NOT REQUIRE FENCING OF LOT 2. ANY FENCE
BETWEEN LOT 1 AND LOT 2 OR LOT 2 AND LOT 3 WILL BE AT THE DISCRETION AND EXPENSE OF LOT 2. ALL
OTHER FENCE LINES WILL BE GOVERNED BY THE STATE OF IOWA FENCE LINE RULES AND REGULATIONS.
ADDITIONAL INFORMATION:
THERE ARE SCATTERED HARVESTABLE HARDWOODS ON BOTH TRACTS 1 AND 2.
BOTH TRACTS OFFER OUTSTANDING RECREATIONAL QUALITIES, ABUNDANT WHITE TAIL DEER,
PHEASANT, WILD TURKEY, AND MANY SPECIES OF SMALL GAME.
SPECIAL PROVISIONS: THIS REAL ESTATE IS SELLING SUBJECT TO PUBLIC ROAD EASEMENTS AND ALL OTHER
EASEMENTS OF RECORD.
IT SHALL BE THE OBLIGATION OF THE BUYERS TO REPORT TO THE HENRY COUNTY FSA OFFICE AND SHOW FILED DEED
IN ORDER TO RECEIVE THE FOLLOWING IF APPLICABLE: 2011 CRP PAYMENT, ALLOTTED BASE ACRES, OR ANY FUTURE
GOVERNMENT PROGRAMS.
THE BUYERS OF TRACTS 1 AND 2 WILL RECEIVE IMMEDIATE 2010 HUNTING PRIVILEGES.
TRACTS 1 AND 2 WILL BE SOLD ON A PRICE PER SURVEYED ACRE BASIS ON THE ABOVE INDICATED ACRES.
TRACTS 1 AND 2 WILL BE SOLD AS INDIVIDUAL TRACTS.
IF ONE BUYER PURCHASES MORE THAN ONE TRACT THE SELLER SHALL ONLY BE OBLIGATED TO FURNISH ONE
ABSTRACT AND DEED.
HUSBAND AND WIFE CONSTITUTE ONE BUYER.
THE SELLER SHALL NOT BE OBLIGATED TO FURNISH A SURVEY.
IN THE FUTURE IF A SITE CLEANUP IS REQUIRED IT SHALL BE AT THE BUYERS EXPENSE.
THIS REAL ESTATE IS BEING SOLD AS IS WHERE IS WITH ANY AND ALL FAULTS.
DELZELL AUCTION COMPANY, AGENT FOR THE SELLER, HAS MADE EVERY ATTEMPT TO PUBLISH CORRECT DATA PERTAINING TO THE SALE OF THIS REAL ESTATE, BUT IS NOT GUARANTEED.
PROSPECTIVE BUYERS ARE ENCOURAGED TO VERIFY ALL INFORMATION TO THEIR SATISFACTION.
TERMS AND CONDITIONS
DOWN PAYMENT: 20% DOWN PAYMENT FRIDAY, NOVEMBER 12, 2010,
BALANCE TO BE PAID AT CLOSING ON OR BEFORE DECEMBER 12, 2010.
POSSESSION: FULL POSSESSION AT CLOSING ON OR BEFORE DECEMBER 12, 2010.
HUNTING PRIVILEGES IMMEDIATELY.
REAL ESTATE TAXES: TO BE PRORATED TO THE DATE OF POSSESSION BASED ON THE MOST CURRENT TAX
STATEMENT.
CURRENT REAL ESTATE TAXES FOR 12 MONTHS ARE:
TRACT 1 GROSS REAL ESTATE TAX 742.75
AG LAND CREDIT (43.39)
NET REAL ESTATE TAX 700.00 ROUNDED
TRACT2 GROSS REAL ESTATE TAX 379.18
AG LAND CREDIT (22.15)
NET REAL ESTATE TAX 358.00 ROUNDED
THE SELLER WILL PAY ALL IF ANY UNPAID REAL ESTATE TAX DUE IN PRIOR YEARS.
HELMIG LAND LLC • OWNER
STEVE SENTS OF NEWELL AND SENTS LAW OFFICE
COLUMBUS JUNCTION, IOWA
ATTORNEY FOR SELLER AND CLOSING AGENT
DELZELL AUCTION CO.
THE SOUNDS THAT SELLS
HWY 61 SOUTH
319-394-3510
Web: delzellauctions.com
E-mail: dcaa2@mepotelco.net
Monte P. Delzell 319-759-9431
Danielle Delzell 319-750-0913
Mark G. Delzell 563-370-6692
IL Lic # 441.00353
MN Lic # 7305037
WI Registered Auctioneer 1872-055