Wednesday – November 5, 2008 – 10:00 am
Delaware County Fairgrounds Pavillion, Manchester, IA

Location: ¼ mile east of Manchester on Delaware County road D22.

Legal: The Northwest Quarter (NW1/4) of the Northeast Quarter (NE1/4) of Section Thirty-four (34), except the Railroad Right of Way, and all North of the railroad right-of-way of the Northeast Quarter (NE1/4) of the Northeast Quarter (NE1/4) of Section Thirty Four (34), and the East fifty (50) acres of that part of the North one-half (N1/2) of the Northwest Quarter (NW1/4) of Section Thirty four (34) lying North of the railroad now running through said North one-half (N1/2) of the Northwest Quarter (NW1/4) of said Section Thirty four (34), and all North of the railroad right-of-way of the Northwest Quarter (NW1/4) of the Northwest Quarter (NW1/4) of Section Thirty Five (35), all in Township Eighty Nine (89) North, Range Five (5), West of the Fifth P.M., Delaware County, Iowa. All Energy Manchester, L.L.C. farm contains 162.7 acres more or less.

Land Description: An improved nearly all tillable farm consisting of nearly level to very gently rolling farmland. Improvements include a house, barn and miscellaneous out buildings. The farm is bordered on the north by Delaware County road D22 and Chicago Central and Pacific Railroad on the south.

Soils: Majority of soils are Kenyon, Clyde-Floyd and Bassett.

Average: CSR 78.8

RE Taxes: $4224.00 annually. Real Estate taxes will be prorated to January 1, 2009.

Possession: At closing, subject to 2008 lease.

Method of Sale: Farm will be offered as one tract of 162.7 acres more or less.

Terms: 10 percent down day of sale. Balance due at close on or before December 3, 2008.

Brokers Note: The Acre Company is pleased to offer this outstanding attractive Delaware County farm at public auction. Great soils with an average CSR of 78.8 make this farm an excellent land investment. Prime location, with a mile of highway frontage on the east edge of Manchester, close to 4-lane Highway 20 plus rail access offers development potential. This sale is subject only to the approval of the Sellers at the auction. See you sale day!

For more information call Ben Hollesen 712-253-5779

All Energy Manchester, L.L.C., Owners

Attorney: Kim L. Smith, P.C., West Des Moines, IA

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

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