Thursday – October 30, 2008 – 10:00am
Milford Community Center, Milford, Iowa

Location: From Milford 1-1/2 miles east on A34 then 1 mile south on 240th Ave.

Legal: A tract of land in the East 1/2 (E1/2) of the Northeast Quarter (NE1/4), in Section Seventeen (17), Township Ninety-eight (98) North, Range Thirty-six (36), West of the 5th PM, Dickinson Co., IA, containing 67.69 surveyed acres.

Land Description: An unimproved all tillable tract of nearly level to very gently rolling farmland. The farm is bordered by gravels roads, 240th Ave. on the east and 235th St. on the south. The pasture north of the tract is not included in the sale. Farm has been surveyed.

Soils: Majority of soils Wadena, Clarion, Estherville with minor areas of Kingston, Madelia, Estherville, Cylinder and Ocheyedan.

Average CSR: 54.2

RE Taxes: $530.00 estimated annually. Real Estate taxes will be prorated to January 1, 2009.

Possession: At closing on December 29, 2008. Subject to tenants current lease.

Terms: 10 percent down day of sale. Balance due at close on or before December 29, 2008.

Brokers Note: Cotton-Grave Farm Management and Jon Hjelm/The Acre Company are pleased to be selling the Rahn Trust Dickinson County farm at public auction. Land buyers – don’t miss this chance to purchase this attractive affordable land investment or nearby add-on unit to your farming operation. Convenient location, close to Milford and the new ethanol plant in Superior. This sale is subject to the approval of the Sellers at the auction. See you sale day!

Rahn Trust, Owner

Attorney: Dick Montgomery – Montgomery, Barry and Bovee, Spencer, IA

For More Information Contact:

Broker: John Cotton, Cotton-Grave Farm Management, Spencer, IA 712-262-6425

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

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