Thursday – June 19, 2008 – 10:00am
Dickinson Co. Community Center, Spirit Lake, Iowa

Tract 1 - Legal: Southeast Quarter (SE1/4) of the Northwest Quarter (NW1/4) and the Northeast Quarter (NE1/4) of the Southwest Quarter (SW1/4) of Section Thirty (30), Township One Hundred (100) North, Range Thirty-six (36), West of the 5th PM, Dickinson County, Iowa. Tract contains 80.886 acres more or less.
Tract 1 - Land Description: Located 2 miles west of Spirit Lake, a rectangular unimproved tract of gently rolling farmland. Tract 1 contains approximately 79.4 net acres inside the fence plus road right of way. The farm is bordered by a gravel road on the north (130th St.).
Tract 1 - Soils: Clarion, Coland with minor areas of Webster, Okoboji and Collinwood.
Average CSR 61.3.
Tract 1 - RE Taxes: $908.00 annually. Real Estate taxes will be prorated to July 1, 2008.

Tract 2 - Legal: West Half (W1/2) of the Southwest Quarter (SW1/4) of Section Thirty (30) and in the Government Lot 1 lying North of 145th Street in Section Thirty-one (31), Township One Hundred (100) North, Range Thirty-six (36), West of the 5th PM, Dickinson County, Iowa. Tract contains 86.933 acres more or less.
Tract 2 - Land Description: Located 2 miles west of Spirit Lake, a rectangular tract of gently rolling farmland Tract 2 contains approximately 85.4 net acres inside the fence plus road right of way. The farm is bordered by a gravel road on the south (145th St.).
Tract 2 - Soils: Clarion, Coland-Spillville with minor areas of Nicollet and Collinwood.
Average CSR 63.4.
Tract 2 - RE Taxes: $ 998.00 annually. Real Estate taxes will be prorated to July 1, 2008.
| FSA Information (Combined ): |
| |
Cropland acres |
161.0 |
| |
Corn Base acres |
100.9 |
| |
Corn Direct / CC Yield |
108/108 |
| |
Soybean Base acres |
60.1 |
| |
Soybean Direct / CC Yield |
33/33 |
Method of Sale: The successful bidder will have choice of either Tract 1 or Tract 2 or both Tracts 1 and 2 combined.
Possession: At closing possession is subject to a crop share lease for 2008. Buyer to be responsible for 50% of the crop input costs and will receive 50% of the 2008 crop.
Terms: 10 percent down day of sale. Balance due at close on or before July 19, 2008.
Brokers Note: The Acre Company is pleased to be assisting Cotton-Grave Farm Management in selling the Blackert-Holt Dickinson County farm at public auction. Land buyers, don’t miss this opportunity to buy these two attractive gently rolling productive Dickinson County farms. The farm is leased for 2008 and the landlord’s share will go to the new buyer. This sale is subject to the approval of the Sellers at the auction. See you sale day!
For more information contact Cotton-Grave Farm Management, Spencer, IA - 712-262-6425
Mary Blackert and Marla Holt, Ltd, Owners
Attorney: Mike Chozen, Chozen & Saunders, Spirit Lake, IA
Broker: John Cotton and Gary Grave Cotton-Grave Farm Management, Spencer, IA - 712-262-6425
Auctioneer: Jon Hjelm / The Acre Co. 712-240-3529
Agents:
Chuck Sikora - 712-260-2788
Ben Hollesen - 712-253-5779
Brian Goodell - 712-320-3093
Brent Brown - 712-260-7351
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