Thursday - May 1, 2008 – 10:00am
Moose Lodge, Hwy 18 East, Spencer, Iowa

Location: From Spencer - 3 miles South on blacktop M50 then West 1/4 mile on 390th St.

Legal: Part of the North Half (N1/2) of Section Five (5), Township Ninety-five (95) North, Range Thirty-six (36) West of the 5th PM, Clay Co. IA containing 185 acres more or less. Sale tract does not include an 8.1 acre improved acreage. Exact legal to be taken from abstract.

Land Description: An all tillable, rectangular unimproved inside tract of nearly level to very gently rolling productive farmland. The tract contains 182.2 acres of cropland all in one field divided only by a shaped crossable waterway. The farm is bordered by a gravel road on the north (390th St.) Sale tract does not include an 8.1 acre improved acreage.

Soils: Majority of soils are Wilmonton, Letri, Everly and Ransom.
The average CSR 73.5

RE Taxes: $ 4144.00 annually. Real Estate taxes prorated to January 1, 2008.

Possession: At close subject to lease for 2008. Cash rent to go to buyer.

Terms: 10 percent down day of sale. Balance due at close on or before June 5, 2008.

Brokers Note: The Acre Company is pleased to be selling the Freeburg farm at public auction. Land buyers, here is your opportunity to purchase a great looking inside 185 acre Clay County farm. The farm is leased for 2008 with all rents to go to the buyer. Outstanding addition to any farming operation. This sale is subject to the approval of the Sellers at the auction. See you sale day!

For more information contact Chuck Sikora 712-260-2788

Dale Freeburg Trust & Evelyn Freeburg Trust, Owners

Attorney: Chris Bjornstad, Cornwall-Avery-Bjornstad & Scott, Spencer, Iowa

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

Agents:
Brent Brown - 712-260-7351
Chuck Sikora - 712-260-2788
Ben Hollesen - 712-253-5779
Brian Goodell - 712-320-3093

For more information on this or any of our listings please contact us.