luke@uciowa.com<\/a>. Representing Attorney: David
\nMorain \u2013 Hoyt, Morain, & Homer, P.C.<\/p>\nTract
\n# 1<\/span><\/p>\n<\/p>\n
\n- 120
\n +\/- Deeded Acres<\/span><\/li>\n- 102.85
\n +\/- Effective DCP Cropland Acres<\/span><\/li>\n- \u00a068.5 CSR2 Average<\/span><\/li>\n
- \u00a0Full Possession Upon Closing<\/span><\/li>\n
- Primary
\n Soil Types: Sharpsburg-Nira, Sharpsburg, & Lamoni Shelby<\/span><\/li>\n- Taxes
\n 3 Parcels | $2,786 Annual<\/span><\/li>\n<\/ul>\n<\/span><\/p>\nTract
\n# 2<\/span><\/p>\n\n- 146.79 +\/- Deeded Acres (Final Survey Results)<\/span><\/li>\n
- 104.86
\n +\/- Effective DCP Cropland Acres<\/span><\/li>\n- 65.5
\n CSR2 Average<\/span><\/li>\n- 23.96
\n +\/- CRP Acres<\/span><\/li>\n- $2,516
\n Annual CRP Income<\/span><\/li>\n- Full
\n Possession Upon Closing<\/span><\/li>\n- Primary
\n Soil Types: Sharpsburg-Nira, Shelby, & Sharpsburg<\/span><\/li>\n- Taxes
\n 4 Parcels | $3,274<\/span><\/li>\n<\/ul>\nKey Features<\/span><\/u><\/b><\/p>\n
<\/span><\/strong><\/p>\nProductive Tillable Acres & Income Potential<\/span><\/strong>
\nThese Adams County, Iowa farms total 274.77 \u00b1 acres and offer productive
\ntillable land complemented by established CRP income. Tract #1 is currently
\ndisplaying 85.7% income producing acres from row crop production alone. Tract
\n#2 is generating revenue on 83% of its composition through row crop production
\nand CRP acres.<\/p>\nWell-Maintained Farms with Strong CSR2 Ratings<\/span><\/strong>
\nThese Carl & Colony Township tracts just north of Prescott, IA have been
\nwell cared for by a quality tenant and feature desirable CSR2 ratings in the
\nmid to upper 60s. These characteristics reflect consistent productivity and
\nmake the farms attractive to both owner-operators and investors.<\/p>\n<\/p>\n<\/p>\n
<\/span><\/p>\n
Flexible Buying Options & Immediate Possession<\/span><\/strong>
\nThe farms will be offered in two separate tracts at a live public auction on
\nFebruary 26, 2026, with live online bidding available for remote participants.
\nFull possession will be granted immediately upon closing, allowing buyers to
\ntake control without delay.<\/p>\nDirections<\/span><\/b><\/p>\n<\/span><\/b><\/p>\n
<\/span><\/b><\/p>\nTract #1<\/span><\/b> – From Prescott,
\nIA Head North on Quince Avenue. Continue Heading North on Quince Avenue for 6
\nmiles. Turn Right heading East on 130th<\/sup> Street. Continue heading
\nEast on 130th<\/sup> Street for two miles. Property is located NE of the
\nintersection of 130th<\/sup> Street & Sycamore Avenue.<\/span><\/p>\n\n
<\/p>\n
<\/p>\n
Tract #2 – <\/span><\/b>From Prescott,
\nIA head North on Quince Avenue. Continue heading North on Quince Avenue for 8
\nmiles. Property is located NE of the intersection of 110th<\/sup> Street
\n& Quince Avenue.<\/span><\/p>\n
<\/span><\/p>\n
<\/span><\/p>\nTerms & Conditions<\/b><\/span><\/p>\n
<\/span><\/p>\nSeller:<\/span><\/u> Anita
\nR. Bauer Trust<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nRepresenting
\nAttorney:<\/span><\/u> David Morain \u2013 Hoyt, Morain, & Homer, P.C.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nSale
\nDate:<\/span><\/u>
\nAuction will be held Thursday, February 26, 2026 at 11:00 AM at the Corning
\nCommunity Center 601 6th Street, Corning, IA 50841<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nApproval
\nof Bids:<\/span><\/u>\u00a0 Seller is serious about selling this property
\nat auction but does reserve the right to accept or reject the final bid. Each
\nbid shall constitute an offer to purchase, and the final bid, if accepted by
\nthe Seller, shall constitute a binding contract between the Buyer and Seller.
\nConduction of the auction and increments of bidding are at the direction and
\ndiscretion of United Country Hawkeye Farm Mgmt & Real Estate and\/or the
\nauctioneers.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nTracts:<\/span><\/u>
\nFarms will be sold in two tracts.<\/span><\/p>\nTract
\n1 \u2013 120 +\/- Deeded Acres.<\/span><\/p>\nTract
\n2 \u2013 146.79 +\/- Deeded Acres (Final Survey Results)<\/span><\/p>\n<\/span><\/p>\n
<\/span><\/u><\/p>\nSurvey:<\/span><\/u>\u00a0Tract #2 will be offered as 146.79 +\/- Deeded Acres due to final survey. Survey will be recorded prior to auction.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nAuction
\nMethod:<\/span><\/u>\u00a0The property will be sold on a price per acre
\nbasis based on deeded acres obtained from the Adams County Treasurer or Survey.
\nThe farms will be sold using a standard auction format and sold in order
\naccording to their tract number. The auction can also be viewed through a
\nVirtual Online Auction option and online bidding will be available.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nOnline
\nBidding Process:<\/span><\/u> To participate in the bidding process,
\nplease register at http:\/\/uciowa.bidwrangler.com\/. Interested bidders can
\naccess the real time auction through our brokerage\u2019s auction platform via the
\nInternet. By using this online auction platform, bidders recognize that
\ninternet performance can be unpredictable and may occasionally affect access,
\nresult in downtime, or lead to slow connections to the platform. Bidders agree
\nthat United Country Hawkeye Farm Mgmt & Real Estate, along with its affiliates,
\nmembers, officers, shareholders, agents, or contractors, cannot be held
\nresponsible for any connectivity issues or disruptions that bidders may
\nencounter while using the online auction platform. <\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nBidder
\nRegistration:<\/span><\/u> Prospective bidders must register with
\nUnited Country Hawkeye Farm Management & Real Estate and receive a bidder
\nnumber to bid at the auction. All online bidders must be approved prior to the
\nauction starting. Be sure to allow ample time for registration approval. United
\nCountry Hawkeye Farm Mgmt & Real Estate and its representatives act as
\nagents for the Seller. Winning bidder(s) acknowledge that they are representing
\nthemselves in completing the auction sale transaction.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nFSA:<\/span><\/u>\u00a0
\nAll FSA information, maps, field boundaries and acres are presumed accurate
\nbased on the best available information and knowledge of the seller and United
\nCountry Hawkeye Farm Mgmt & Real Estate.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nMineral
\nRights:<\/span><\/u>\u00a0 All mineral rights, if any, owned by the Seller
\nwill be conveyed to the Buyer.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nAs
\nis-where is:<\/span><\/u>\u00a0 Property is sold \u201cAS IS-WHERE IS\u201d and the Buyer
\nshould take time to examine this property thoroughly and rely on their own
\njudgement. The only guarantee from the Seller is a valid, good, and marketable
\ntitle to the property. Neither the Seller, United County Hawkeye Farm Mgmt
\n& Real Estate, or the Auctioneers are giving any warranties other than a
\nclear title. Buyer must conduct their own inspections at their own expense
\nprior to bidding at the auction. The winning bidder may obtain financing or use
\n1031 exchange funds to complete the purchase; however, the final purchase is
\nNOT contingent upon the buyer\u2019s ability to secure financing, obtain an
\nappraisal, or complete a 1031 exchange. Auctioneers, United Country Hawkeye
\nFarm Mgmt & Real Estate, or its agents are not responsible for any
\nrepresentation made by Seller or their employees and are not responsible for
\naccidents on the sale property should any occur. <\/span><\/p>\nContact
\nUnited Country Hawkeye Farm Mgmt & Real Estate at 641-932-7796 or Luke
\nNissen, ALC at 712-304-4827 for a private showing prior to day of sale.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nTaxes
\n& CRP:<\/span><\/u>\u00a0Taxes will be pro-rated to the date of closing
\nand based on tax estimates as provided per Adams County Treasurer. All CRP
\npayments will be pro-rated to the date of deed recording. Buyer agrees to
\npromptly provide required transfer information to FSA office upon closing and
\ncould be liable for delays or failure to transfer contracts.<\/span><\/p>\n<\/span><\/p>\n
<\/span><\/u><\/p>\nPossession:<\/span><\/u>\u00a0Possession
\nwill be given upon closing. <\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nSubject
\nto:<\/span><\/u>\u00a0The
\nsale of this property is subject to any and all easements of record, covenants,
\nrestrictions of record and leases.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nContract
\nand Earnest Payment:<\/span><\/u> Buyer and Seller will enter a standard
\nformat Contract for the Sale of Real Estate on the day of auction. Contract
\nwill call for 10% earnest money on the day of sale to be held in Hawkeye Farm
\nMgmt & Real Estate Trust in the form of a personal, corporate or cashier\u2019s
\ncheck with the balance of the purchase price due, in certified funds, at
\nclosing on or before March 27, 2026. Contracts will contain no financing or
\ninspection contingencies and Buyer must have their own financing and make their
\nown inspections prior to bidding at this auction. Seller will provide abstract
\ncontinued through date of sale to Buyer\u2019s attorney for title opinion and
\ndeliver title by General Warranty Deed. Buyer will be responsible for their own
\nmortgage policies of title insurance (if applicable). The 2025-2026\u00a0Property
\ntaxes will be prorated. Exact legal to come from deed and abstract.\u00a0Buyer
\nis responsible for their own investigation of property and\/or zoning for their
\nintended use.<\/span><\/p>\n<\/span><\/u><\/p>\n
<\/span><\/u><\/p>\nDay
\nof Auction:<\/span><\/u> Announcements made by the United Country Hawkeye Farm
\nMgmt & Real Estate and Auctioneers ahead of or during the time of sale take
\nprecedence over any previously printed materials or any oral statements made.
\nThe sale will be controlled by the auctioneer. United Country Hawkeye Farm Mgmt
\n& Real Estate and Auctioneers represent the Seller only. If a tie or
\ndispute occurs between two or more bidders, the Auctioneer may re-open the
\nbidding at the Auctioneer\u2019s sole discretion and shall serve as the sole arbiter
\nas to who is or is not allowed to bid. Auctioneer reserves the right to reject
\nany bid that is only a fraction advance over the preceding bid, to regulate
\nbidding and to accept or reject any or all bids. Auctioneer reserves the right
\nto enter bids on behalf of absentee\/phone bidders as well as the Seller. Any
\nand all decisions of Auctioneer regarding the conduct of the auction shall be
\nfinal without liability to any party.<\/span><\/p>\n