Thursday – April 2, 2009 – 10:00 am
Webb Community Center, Webb, IA

Location: From Webb – 1 mile north and 1/2 mile west on 470th street.

Legal: A tract located in the East Half (E1/2) of Section Eighteen (18), Township Ninety-four (94) North, Range Thirty-five (35) West of the 5th PM, Clay Co., Iowa containing 105 acres more or less.

Land Description: An inside irregular shaped tract of clay loam soils. This nearly level to gently undulating, all tillable unimproved farm is bordered on the east by an old railroad right of way and on the south by a drainage ditch providing excellent access for drainage. The majority of the farm is located in county drainage district #112 with minor areas in # 82 & # 5. The farm is bordered on the north on gravel road (470th St.). Farm will be surveyed by sale day.

Soils: Majority of soils are Clarion, Webster, Waldorf, Nicollet, Coland-Terril, Canisteo and Clarion-Storden.

Average: CSR 70.1

RE Taxes: $1720.00 annual (estimate). Real Estate taxes will be prorated to January 1, 2009.

Possession: Sale day with 10 percent down. The farm is available for the 2009 crop season.

Terms: 10 percent down sale day with balance due on or before May 12, 2009.

Brokers Note: Jon Hjelm/The Acre Company is pleased to be selling the Brown Feedlot farm at public auction. Land buyers - this attractive inside all tillable Clay County farm with excellent soils and drainage offers a great farm investment opportunity or add on unit to your farming operation. This sale is subject only to the approval of the Seller the day of the auction. See you sale day!

Brown Feedlot, Inc., Owner

Attorney: Chris Bjornstad, Cornwall, Avery, Bjornstad and Scott, Spencer, Iowa.

Broker / Auctioneer: Jon Hjelm / The Acre Co. 712-240-3529

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