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SULLIVANAUCTIONEERS, LLC

Dan Sullivan Joe Sullivan Jim Sullivan Bill Sullivan Matt Sullivan Luke Sullivan Michael Sullivan James Sullivan Jim Huff

Jeff Hoyer John Probasco Bill Fretwell Kevin Haas Craig Hoyer John Borrowman Zach Hiner Cody Holst Kyle Ferguson

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Representing Attorney: Laura M. Krehbiel, PLC 712 Orchard St., PO Box 150, Donnellson, IA 52625

Phone: (319) 835-9126

THE JUHL ADMINISTRATIVE TRUST • ROBERT GALLE - TRUSTEEAuction Managers: Pat Steffensmeier (319) 470-5284 • Jim Huff (319) 931-9292

Jeff Hoyer (319) 759-4320

Lee County, IowaLarge

FRIDAY, SEPTEMBER 4, 2020 AT 11:00 A.M.

615.77 Surveyed Acres

Selling in 7 TRACTS

Please note: This 10,000 bu. drying bin which in-cludes a stirator, drying floor and fan will be sold im-mediately after the farms. This bin will be reserved

until January 31, 2021 and will need to be removed by March 31, 2021 and is located on Tract 7.

LOCATION The Juhl Trust Farms are located Sections 2, 14, 15, 23 & 24, Des Moines Township and Sections 16 & 17, Montrose Town-ship, Lee County, IA. Tracts 1 & 2 are located 4 miles north-west of Montrose, IA, 1 mile off of US Hwy. 218. Tracts 3-6 are located 5 1/2 miles west of Montrose, IA off of Co. Rd. J72. Tract 7 is located 1 mile southeast of Montrose, IA right on US Hwy. 218 (Be watching for presale directional signs posted on St. Hwy 218 west of Montrose, IA or northwest of Keokuk, IA)

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FIRST CLASS U.S. POSTAGE

PAID QUINCY, IL PERMIT 23

62301

AUCTIONEERS, LLC

TRACT INFORMATION Tract 1 • 57.35 Surveyed Acres • FSA information indicates 7.06 acres tillable including 1.51 acres in CRP (CP33)

at $189.74 per acre, expiring in 2026. • Soils include Weller, Lindley-Keswick & Clinton • CSR2 is 41 • The balance of this tract features attractive hardwood timber allowing hunting

and recreational opportunities. This parcel is improved with 28’ x 36’ pole building. • Access is on the southeast off of 286th St. • Estimated Real Estate Taxes: $343.00 (48.08 acres in forest reserve) Tract 2 • 92.39 Surveyed Acres • FSA information should indicate 41.94 acres tillable including 16.36 acres in CRP

(CP33) at $189.74 per acre, expiring in 2026. • Weller, Lindley-Kewick & Beckwith soils. • CSR2 is 42.7 (54.8 on the tillable acres) • The remainder of this tract offers hardwood timber in the northern portion of the

parcel featuring great cover for all species of wildlife. • Access is on the south off of 286th St. via a drive that will need to be installed. • Said driveway installation cost will be the expense of the buyer and subject to

Lee County Secondary Road Department specifications. • Estimated Real Estate Taxes: $896.00 (34.82 acres in forest reserve) Tract 3 • 97.65 Surveyed Acres • FSA information indicates 50.24 acres tillable including 7.96 acres in CRP(CP1)

at $157.13 per acre, expiring in 2023. • Soils include Weller, Beckwith & Lindley • CSR2 is 38.8 (50 on the tillable acres) • The balance of this tract is wooded timber areas & draws featuring desirable hunt-

ing & recreational acreage. • Access is from the west off of 195th Ave. via an ingress/egress easement • Estimated Real Estate Taxes: $1,018.00 (38.80 acres in forest reserve) Tract 4 • 126.31 Surveyed Acres • FSA information indicates 49.63 acres tillable including 9.5 acres in CRP (CP25)

at $193.00 per acre, expiring in 2033 and .82 acres in CRP at $152.89 per acre, expiring in 2025.

• Clinton, Landes & Lindley soils • CSR2 is 50.4 • The remainder of this parcel features highly desirable recreational acreage. The

hardwood timber areas offer great cover for all species of wildlife. • Access is on the north off of 330th St. • Estimated Real Estate Taxes: $1,407.00 (54.32 acres in forest reserve) Tract 5 • 76.71 Surveyed Acres • FSA information indicates 57.12 acres tillable including 5.90 acres in CRP (CP9)

at $214.25 per acre, expiring in 2024, 5.71 acres in CRP (CP21) at $193.00 per acre, expiring in 2033, 1.93 acres in CRP (CP22) at $193.00 per acre, expiring in 2033 and 8.06 acres in CRP (CP23) at $174.00 per acre, expiring 2035.

• Soils include Coppock, Okaw & Landes • CSR2 is 62.1 • The balance of this tract includes wooded draws and timber areas offering hunting

and recreational acreage. • Access in the northeast off of 212th Ave. • Estimated Real Estate Taxes: $1,010.00 (4.46 acres in forest reserve) Tract 6 • 70.09 Surveyed Acres • FSA information indicates 54.28 acres tillable including 10 acres in CRP (CP9)

at $205.93 per acres, expiring in 2024, 9.24 acres in CRP (CP42) at $232.62 per acre, expiring in 2025, 7.82 acres in CRP (CP21) at $205.93 per acre, expiring in 2033 and 14.9 acres in CRP (CP23) at $184.04 per acre, expiring in 2033.

• Cantril, Coppock & Landes soils • CSR2 is 63 • The remainder of this parcel includes timber draws offering excellent opportunities

for all types of recreational and hunting activities including water fowl, whitetail deer & wild turkey hunting.

• Access is on the east by 212th Ave. • Estimated Real Estate Taxes: $1,164.00 Tract 7 • 95.27 Surveyed Acres • FSA information indicates 81.50 acres tillable including 24.88 acres in CRP

(CP33) AT $161.66 per acre, expiring in 2025 and 1.51 acres in CRP (CP33) at $197.01 per acre, expiring in 2025.

• Soils include Pershing, Weller and Haig • CSR2 is 46.3 • The balance of this tract offers timber draws featuring great cover for all species

of wildlife. This parcel is improved with a 32’ x 50’ and 30’ x 50’ storage buildings • Access is on the northeast by St. Hwy. 218 • Estimated Real Estate Taxes: $1,730.00

Lee County, IowaLarge

METHOD & TERMS The Juhl Trust Farm will be sold in seven (7) individual tracts based on a survey that has recently been com-

pleted, with the said surveyed acres used to constitute the final settlement price. Tracts will be sold through the marketing method of “buyers choice” whereas the high bidder can take any or all tracts for their high bid. Buyers choice auctioning will continue until all tracts are sold. The farm will NOT be offered in its entirety or in any combi-nations. Bidding is not contingent upon financing.

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 60 days, on or before Wednesday, November 4, 2020 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Possession on all tracts will be given at the time of closing subject to a farm lease for the 2020 crop year. Buyer(s) on all tracts will receive 100% of the CRP payments payable October 1, 2021. Fall tillage rights will be granted subject to the removal of the 2020 crop and proof of liability insurance. Hunting rights will be granted upon the proof of liability insurance. For complete details contact the auction company.

All announcements sale day shall take precedence over any prior advertising either written or oral. The informa-tion in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

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FRIDAY, SEPTEMBER 4, 2020 AT 11:00 A.M.

615.77 Surveyed Acres

Selling in 7 TRACTS

ATTRACTIVE RECREATIONAL &

HUNTING ACREAGE!

PRODUCTIVE, TILLABLE FARMLAND!

The Juhl TrustThe Juhl Trust