Prospectus for 7-11-2015 Cartens Real Estate Auction, Mason City / Clear Lake, IOWA, Area

Saturday, July 11, 2015 at 11 AM REAL ESTATE TO SELL AT 1 PM 160+/- acres of highly productive farmland with FSA showing 147.28 acres tillable with a CSR of 75.4 and a CSR2 of 82. This farm fronts State Rd S34 to the West and County 180th St to the South.

For more information please contact Kirby Fecht at 217-248-2906 or Wheeler Auctions at 660-327-5890 or visit our website at www.wheelerauctions.com

Saturday, July 11, 2015 at 11 AM Directions: From Mason City go South on Hwy 65 Approx 4 Miles, then right (West) onto Hwy B43 (210 Street) 4 miles to Highway S34, make a left (South) and travel 2.5 miles and the property lies on the left (East side of the highway). From Clear Lake go East on Hwy 122 Approx 3 miles to Hwy S34 (Lark Avenue) make a left and travel 8 miles South. Property will be on the left (East). Or from Interstate 35 take exit 188 travel East on Hwy B43 (210 Street) for 3 miles to Hwy S34 (Lark Avenue), make a right and travel 2.5 miles South and the property lies on the left (East Side of Road).

REAL ESTATE TO SELL AT 1 PM 160+/- acres of highly productive farmland with FSA showing 147.28 acres tillable with a CSR of 75.4 and a CSR2 of 82. This farm fronts State Rd S34 to the West and County 180th St to the South.

Farm Machinery and Other Related Items to begin at 11 AM Selling Tractors, Silage and Hay Equipment and Vehicle.

For more information please contact Kirby Fecht at 217-248-2906 or Wheeler Auctions at 660-327-5890 or visit our website at www.wheelerauctions.com

Auction Terms and Conditions Procedure: Property shall be sold Subject to Confirmation of Bid by Seller.

Down Payment: Ten percent (10%) down payment the day of auction, upon signing a purchase agreement immediately following the close of bidding. The down payment may be paid in the form of personal check, business check, or cashiers check. The remainder of the purchase price is payable at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, be sure you have arranged financing, if needed, and are capable of paying the balance at closing.

Title: Sellers shall provide and execute a proper deed conveying the real estate to the buye(s).

Possession: Possession given at closing subject to current farm tenant contract. Present tenant rights prevail for the 2015 crop year.

Mineral Rights: The sale shall include 100% of the mineral rights owned by the sellers.

Easements: Sale of the property is subject to any and all easements of record.

Acreage: All acreage is based on recent survey and legal descriptions and/or aerial photos.

Taxes: Taxes will be prorated to date of closing.

Survey: Any need for a survey shall be determined solely by the sellers. At sellers’ option, sellers shall provide a survey for any parcel where there is no existing legal description or where the tract divisions create new boundaries. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres.

Closing: Anticipated closing date shall be on or before August 11, 2015 or on date mutually agreed upon between the buyer(s) and the sellers conducted at the office of Heiny, McManigal, Duffy, Stambaugh & Anderson, P.L.C., 11 Fourth St. N.E., P.O. Box 1567, Mason City, IA 50402, (641) 423-5310.

Agency: Wheeler Auctions & Real Estate and its representatives are Exclusive Agents for the sellers.

Disclaimer: The property is being sold on an “as is, where is” basis, and no warranty or representation, either express or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting its own independent inspections, investigations, and all due diligence concerning the property and the auction.

Information contained in this brochure is subject to verification by all parties relying on it.

Diagrams/dimensions in this brochure are approximate. Acreage is estimated. All information contained in this brochure and any related materials are subject to the terms and conditions of sale outlined in the purchase contract. Auction conduct and bidding increments are at the sole direction and discretion of the auctioneer. All decisions of the auctioneer are final. The sellers and the Auction Company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, fitness, intent, etc.

New Data, Corrections and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.

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For more information please contact Kirby Fecht at 217-248-2906 or Wheeler Auctions at 660-327-5890 or visit our website at www.wheelerauctions.com