E/2 of SW/4 & SE/4 of Section 35, T 98N, R 30W The property is located northwest of Algona, IA approximately 18 miles. From Lone Rock, IA travel 2 miles north on 70th Ave. to 340th St. Travel west 1 mile on 340th St. to southeast corner of the property. Watch for Signs!

Lone Rock Presbyterian Church
407 Main Street
Lone Rock, IA 50559

Real Estate Taxes are $5,154 or $21.47 per acre

The primary soils are Canisteo, Nicollet, Clarion, and Webster

CSR Rating of 76.8

PROCEDURE: The property will be offered in 2 individual tracts or as a whole property. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashiers check. The balance of the contract purchase price is due in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
ACCEPTANCE OF BID PRICES: All successful bidders will sign a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to the owners acceptance or rejection
CLOSING: Closing shall occur on November 1, 2008. Possession will be given at closing subject to any remaining rights of the current tenant(s). Owner will retain the 2008 cash lease income.
2008 CROP INCOME: Cash lease income will be retained by the Seller.
TITLE: Seller shall provide an Abstract of Title brought up to date or a Title Insurance Policy in the amount of the purchase price, and shall execute a Court Officers deed conveying the real estate to the buyer(s).
REAL ESTATE TAXES AND ASSESSMENTS: The 2007 calendar year taxes payable in 2008 will be paid in the form of a credit to the buyer at closing. Buyer will be responsible for the 2008 taxes and all taxes and assessments thereafter.
EASEMENTS AND LEASES: Sale of said property is subject to any and all easements of record and any and all government leases.
MINERAL RIGHTS: The sale of the property shall include all mineral rights owned by the Seller, if any.
AGENCY: Westchester Auctions, LLC and its representatives are Exclusive Agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. 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 the Seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
NOTE: Videotaping, flash photography, and/or public announcements will be allowed on auction day ONLY with prior approval from Westchester Auctions, LLC.
SELLER: Robert Lynch Estate (Anne Vaske, heir to the Robert Lynch Estate has an active license to sell real estate in the State of Iowa.