LAND AUCTION

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LAND AUCTION SUBJECT

113.74 Acres,

Auction Site E23

 170th St.

R50

Boone County, IA

R38

E26 E26

Map reproduced with permission of Farm & Home Publishers, Ltd.

Date: Tues. Nov. 12, 2013 Time: 10:00 a.m. Auction Site: Gilbert Community Center Address: 207 Main St. Gilbert, IA 50105

Property Information

Location 4 miles west of Gilbert on E23 (170th St.) on north side of road. There is a 25’ easement entrance located at 2217 170th St.

Legal Description N½ SW¼, SE¼ SW¼ with Exception (Beg. SW corner E 1321’, N1314’, S68*13.5’ E to W Line, S to POB) and SW¼ SW¼ with Exception (Beg. SW Corner N368’, E 843.1’, S 129’, W 97’ N 399.2’ N68*13.5’ E to E Line, S to S Line, W1321’ to POB) and easement, all in Section 2, Township 84 North, Range 25 West of the 5th p.m. (Jackson Twp.)

Soil Types / Productivity Primary soils are Webster, Clarion and Nicollet. See soil map for detail.  CSR: 78.83 per County Assessor, based on net taxable acres.  CSR: 84.5 per AgriData, Inc., 2012, based on crop acres.

Real Estate Tax Taxes Payable 2013-2014: $3,414 Net Taxable Acres: 113.74 Tax per Net Tax. Ac.: $30.02

Buildings/Improvements 30’ dryer bin

FSA Data Farm Number1706, Tract 3412 Crop Acres: 100.3, Classified NHEL Corn Base: 51.1 Ac. Corn Direct/CC Yields: 112/148 Bu. Bean Base: 49.2 Ac. Bean Direct/CC Yields: 37/45

Marv Huntrods, ALC Licensed Real Estate Salesperson in IA, MN, NE & SD 415 S. 11th St., PO Box 500 Nevada, IA 50201-0500

515-382-1500 or 800-593-5263 [email protected]

Land Description Level to moderately steep

Drainage Natural Water & Well Information None known

www.Hertz.ag REID: 000-3303

Aerial Photo and Map

Auction Information

Method of Sale  Property will be sold as a single tract of land.  Bids will be by $/Acre.  Seller reserves the right to refuse any and all bids. Seller Green Energy Advisors III, LLC Agency Hertz Real Estate Services, Inc. and their representatives are Agents of the Seller.

Announcements Information provided herein was obtained from sources deemed reliable, but the Auctioneer makes no guarantees as to its accuracy. Prospective bidders are urged to fully inspect the property and to rely on their own conclusions. Announcements made the day of the auction will take precedence over previously printed material and/or oral statements. Bidding increments are at the discretion of the Auctioneer. Acreage figures are based on information currently available, but are not guaranteed.

Terms of Possession 10% down payment required the day of sale. Successful bidders are purchasing with no financing contingencies and must be prepared for cash settlement of their purchase on December 13, 2013. Final settlement will require certified check or wire transfer. Closing and possession will occur December 13, 2013, subject to the existing lease which expires February 28, 2014. Taxes will be prorated to January 1, 2014.

Marv Huntrods, ALC Licensed Real Estate Salesperson in IA, MN, NE & SD 415 S. 11th St., PO Box 500 Nevada, IA 50201-0500

The information gathered for this brochure is from sources deemed reliable, but cannot be guaranteed by Hertz Real Estate Services, Inc. or its staff. All acres are considered more or less, unless otherwise stated.

515-382-1500 or 800-593-5263 [email protected]

www.Hertz.ag