Property Listing Detail Page, Iowa - Hancock Co 156A. Ell Twp, Klemme, Iowa

Description of Property

153 tillable acres, located 3 miles east of Klemme on southside of 170th and west side of Welch Ave..

Description of Arrangement

10% of lease payment due at lease signing as well as 3% US Farm Lease fee due at that time. Remainder of the cash rent due March 1. Tenant to fertilize up to crop removal and supply fertilizer and chemical records by 8/15 of each year as well as harvest records by 12/1 of each year. Owner has rights to access the land after harvest of the lease cancellation year. No stalks or stuble removal without permission. . For lease years 2 and beyond the tenant will pay the US Farm Lease fee of 2% on March 1 of each year in addition to the rental. Owner reserves the right to cancel all or part of the lease after 2010 crop year if CRP, WRP or any other conservation program is avialable that the owner decides to enroll the farm on. Hunting rights not included. Tenant will be obligated to pay US Farm Lease 2% of the annual rent on March 1 of each subsequent lease period starting 3/1/12.

Legal Description

The NE 1/4 of 34-95-23 Hancock Co. IA.