A BUSINESS BUILT ON A SOLID FOUNDATION
SELLER: Nancy Lyons,
Sonja Mosiman, Patricia Rogman
TO BE SOLD AT PUBLIC AUCTION;
NOVEMBER 18, 2021
FALLS CITY ELKS CLUB 1417 STONE ST
TRACT 1: 40 Acres more or less
SE\4 SE\4 Section 14 T-1-N, R-17-E
34.73 Certified crop acres
Soil types: Monona 22.90 Ac; Geary 14.28 Ac; Judson .32 Ac
Based on county assessor records
2020 Real Estate Taxes $1,639.58
FSA Information: Corn Base Acres: 15.69 PLC Yld 171
Soybean Base Acres: 14.08 PLC Yld 49
TRACT 2: 305.02 Acres more or less
W\2 Section 24 T-1-N, R-17-E less 14.98 acres
284.79 Certified crop acres
Soil types: Ke 184.93 Ac; Zook 33.03 Ac; Judson 8.31
Wabash 45.32; Geary 5.10 Ac based on county assessor records
2020 Real Estate Taxes $18,103.56
FSA Information: Corn Base Acres: 117.51 PLC Yld 171
Soybean Base Acres: 105.52 PLC Yld 49
Terms of the Auction:
A 15% non-refundable earnest deposit is required the day of the sale. The property will be closed in two installments. The first 1\2 of the balance due will be closed on December 20, 2021. The remaining 1\2 of the balance will be due on January 4, 2022. A cashier’s check, money order, or wired funds will be required at closing. All mineral right owned by the seller will be conveyed to the buyer. The sale is subject to all easements, covenants, and restrictions of record.
Sale Order: The farms will be offered as two separate tracts with no combinations. The farms will be sold to the highest bidder, subject to approval by the sellers.
Possession: The buyer will receive full possession for the 2022 crop year. Possession is subject to the rights of the current lessee until February 28, 2022. The 2021 real estate taxes will be paid by the sellers. The 2022 and subsequent years will be paid by the buyer. The sellers will provide an owner’s title insurance policy on the properties. The cost of the title insurance will be split equally between the sellers and the buyer. The buyer is responsible for all loan policies.
The information provided was obtained from reliable sources but the accuracy of the information is not guaranteed. All interested parties are encouraged to inspect the condition of the property and rely on their own information. Announcements the day of sale take precedence over printed information. Poppe Realty & Mgmt is the agent for the sellers.
From Falls City: 7 Miles East on Hwy 159; Turn right on 659 Ave; Go 3\4 miles south for Tract 1 and 1 mile south for Tract 2. From Rulo: 2 Miles West on Hwy 159 to 659 Ave; then south 3\4 miles to tract 1 and 1 mile south to tract 2.