LAND AUCTION. Open House: Saturday, August 6th and Saturday, August 20th From 9:00 AM to 11:00 AM at 1220 C Avenue, Scranton, Iowa

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1 L-1005 LAND AUCTION 1,235+/- Acres, Carroll and Greene Counties, Iowa Friday, August 2, :00 AM at the Saint Joseph s Parish Center 501 North Locust Street Jefferson, Iowa Highlight Features: Over 1,235+/- acres of high quality Carroll and Greene County farmland! Owners have had properties custom farmed and are extremely well cared for! Each farm is on or within one mile of a paved road! 1,89 sq ft house with many upgrades! Open House: Saturday, August th and Saturday, August 20th From 9:00 AM to 11:00 AM at 1220 C Avenue, Scranton, Iowa Property Description: This amount of high quality Carroll and Greene County farmland rarely comes on the market! The sellers have a custom farming arrangement on each tract due to strong production/ income potential, to keep control of all input decisions and to maintain them in their current pristine condition. Each tract is on or within a mile of a paved road. There is a very obtainable public reserve placed on each tract. Do not miss this opportunity of a lifetime! For additional information, please contact: Serving America s Landowners Since Adam Pick, Agent Jefferson, Iowa Office: (515) Cell: (712) APick@FarmersNational.com Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Lake Management Forest Resource Management National Hunting Leases FNC Ag Stock

2 Property Information Tract 1 - Public Reserve $8,000 per acre Property Location: Southwest of the corner of Apple Avenue and reet on the northeast edge of Ralston, Iowa. Legal Description: NE 1/ of Section 3, T8N-R33W of the 5th PM, Carroll County, Iowa; except for a 1. acre lot in the NW 1/ of the NE 1/ and lot 1 & 3 in the SE 1/ of the NE 1/. Waterway acres.5 acres.5 acres acres Corn 9.80 acres 152 bushels Soybeans acres 5 bushels Taxes: $2,755 Tract 2 - Public Reserve $8,000 per acre Property Location: Along the west side of Apple Avenue just south of the railroad tracks in Ralston, Iowa. Legal Description: That part of the SE 1/ lying South of the Railroad right of way in Section 3, T8N-R33W of the 5th PM, Carroll County, Iowa; except lots 10 & 12 in the N1/2 of the SE 1/. Tract 3 continued Subject to FSA Split with Tract Corn acres 13 bushels Soybeans 5.7 acres 8 bushels Taxes: $7,05 Irrigation: North Tower - 7 tower Lindsay high pressure irrigation system. Serviced with a 3 phase 100 hp electric motor new in 2012, 175 foot well (permit #155) rated at 900 gallon per minute. South Tower - 7 tower Lindsay high pressure irrigation system serviced by underground pipe from well on north tower. Annual amount of water granted is 150 acre-feet. Tract - Public Reserve $7,000 per acre Property Location: Along the east side of Apple Avenue just south of the railroad tracks in Ralston, Iowa. Legal Description: That part of the Fr l SW 1/ lying South of the Railroad right of way in Section 31, T8N-R32W of the 5th PM, Greene County, Iowa; except lot 3 in the SW 1/ of the SW 1/. Waterway 8.2 acres 1.5 acres 2.3 acres 52.0 acres 10.1 acres.9 acres acres Subject to FSA split with Tract 3 Corn acres 13 bushels Soybeans 5.7 acres 8 bushels Corn 90.5 acres 13 bushels Soybeans 22. acres 8 bushels Taxes: $2,320 Tract 3 - Public Reserve $7,000 per acre Property Location: Southeast of the corner of Apple Avenue and reet on the northeast edge of Ralston, Iowa. That part north of the railroad tracks. Legal Description: That part of the Fr l NW 1/ and the Fr l SW 1/ lying North of the Railroad right of way in Section 31, T8N-R32W of the 5th PM, Greene County, Iowa; expect lot 1 in the NE 1/ of the Fr l NW 1/. Pasture Waterway acres 11.0 acres.5 acres 9.8 acres 23.3 acres Taxes: $1,585 Tract 5 - Public Reserve $8,000 per acre Property Location: Southeast of the corner of Apple Avenue and 20th Street, three miles south of Ralston, Iowa. Legal Description: The Fr l NW 1/ and the W 1/2 of the NE 1/ except parts of Lots 1 and 2 therein in Section 18, T83N-R32W of the 5th PM, Greene County, Iowa acres 7.2 acres acres Subject to FSA combining Tracts SE 190 Acres Corn acres 13 bushels Soybeans.0 acres 8 bushels NW 0 Acres Corn acres 152 bushels Soybeans 7.88 acres 5 bushels

3 Property Information Tract 5 continued Taxes: $,75 Irrigation: West tower: 7 tower Linsday low pressure irrigation system. Serviced with a 80 hp Iveco power unit and 10 kw generator, 150 foot well (permit #5030) rated at 700 gallon per minute. East tower: 10 tower Lindsay low pressure irrigation system. Serviced with a Cummins 90 hp unit and 10 kw generator, 150 foot well (permit #5030) rated at 00 gallon per minute. Annual amount of water granted is 15 million gallons. Tract - Public Reserve $8,000 per acre Property Location: Southwest of the corner of E39/210th Street and C Avenue, two and a half miles northeast of Ralston, Iowa. Legal Description: The NE 1/ of Section 32, T8N-R32W of the 5th PM, Greene County, Iowa; except the.5 acreage in the NE 1/ of the NE 1/ acres.0 acres acres Corn acres 13 bushels Soybeans 3.1 acres 8 bushels Taxes: $,30 Tract 7 - Public Reserve $125,000 Property Location: House address of 1220 C Avenue, Scranton, Iowa. Legal Description:.5 acre parcel in the NE 1/ of the NE 1/ of Section 32, T8N-R32W of the 5th PM, Greene County, Iowa. Survey will be conducted if there are separate buyers of Tracts and 7..5 acres Taxes: $1,195 (approximate) Tract 8 - Public Reserve $,750 per acre Property Location: Three miles north of Scranton, Iowa, on Eaton Avenue/E33 to 190th Street, one mile east to G Avenue, then south a half a mile. Property will be to the west. Legal Description: The SE 1/ of Section 2, T8N-R32W of the 5th PM, Greene County, Iowa. Pasture acres 32.3 acres.2 acres 10.0 acres Corn acres 13 bushels Soybeans 23.0 acres 8 bushels Taxes: $,020 Other: Pasture acres on property are serviced by a private well that was updated in Tract 9 - Public Reserve $8,000 per acre Property Location: Three miles south of Scranton, Iowa, on Highway 25, one mile west on 270th Street, then a quarter mile north on D Avenue. The property will be to the west. Legal Description: The S 1/2 of the of the NE 1/ (Except lots 1 & 2 in the SE 1/ NE 1/) and the N 1/2 of the SE 1/ in Section 28, T83N-R32W of the 5th PM, Greene County Iowa. Waterway 12.3 acres 5.0 acres 2.7 acres acres Corn acres 152 bushels Soybeans 27.9 acres 5 bushels Taxes: $,75 Other: One 27 foot drying bin, new foundation in 201, new stirator in 201, new eight inch unload auger in 201. LP tank is rented and is not part of the sale. One 18 foot grain bin, new foundation in 201 and extra ring added for additional storage. Sellers to maintain use of the bins until July 1, 2017

4 Tract 1 Aerial Photo Tract 1 Soil Map Sec. 25 S o. T8N R33W Tract 1 G N5 N R33W oll co. c. 3 Tract 1 Gre T8 S Tr Sec. 3 3rd St 3rd St n St St Nicollet loam, 1 to 3 percent slopes Ie Canisteo clay loam, Bemis moraine, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, 2 to percent slopes IIe Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw Storden loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe SUMMARY Tract 2 Aerial Photo 215th St Carro Main St 2nd St Green St 1st St Ralston Tract 2 Soil Map h St Ca Main St St Green St 1st St Rals Tra Sec. 3 T8N R33W Carroll co. Tract 2 G Sec. 3 Tract 2 T8N R33W Carroll co. L95 T8N Se Gree T Tra 85 Sec. 1 T83N R33W T83N Se Nicollet loam, 1 to 3 percent slopes Ie Clarion loam, Bemis moraine, 2 to percent slopes IIe Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw Calco silty clay loam, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Spillville loam, 0 to 2 percent slopes IIw Storden loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe L95 Harps clay loam, Bemis moraine, 0 to 2 percent slopes IIw Canisteo clay loam, Bemis moraine, 0 to 2 percent slopes IIw SUMMARY

5 25 1 3W co. 3rd St Tract 3 Aerial Photo Ralston Tract 3 Sec. 30 Sec th St 30 Sec B Tract B 108C2 308B 108B 585B 108C2 2 3B Sec ton C2 308 St Tract 3 Soil Map 2 Tract Tract C2 108B 85 Nicollet loam, 1 to 3 percent slopes Ie Calco silty clay loam, 0 to 2 percent slopes IIw Coland silty clay loam, 0 to 2 percent slopes IIw Canisteo clay loam, Bemis moraine, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, 2 to percent slopes IIe Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Wadena loam, 32 to 0 inches to sand and gravel, 0 to 2 percent slopes IIs C2 Wadena loam, 2 to 32 inches to sand and gravel, 5 to 9 percent slopes, moderately eroded IIIe Okoboji silty clay loam, 0 to 1 percent slopes IIIw B Wadena loam, 2 to 32 inches to sand and gravel, 2 to 5 percent slopes IIe Spillville loam, 0 to 2 percent slopes IIw C2 Estherville sandy loam, 5 to 9 percent slopes, moderately eroded IVe Clarion loam, Bemis moraine, 2 to percent slopes, moderately eroded IIe C2 Dickman fine sandy loam, 5 to 9 percent slopes, moderately eroded IVe B Estherville sandy loam, 2 to percent slopes IIIs Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw Storden loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Cylinder loam, 2 to 32 inches to sand and gravel, 0 to 2 percent slopes IIs Biscay clay loam, 0 to 2 percent slopes IIw Knoke silty clay loam, 0 to 1 percent slopes IIIw B Coland-Spillville complex, 1 to 5 percent slopes IIw B Wadena loam, 32 to 0 inches to sand and gravel, 2 to 5 percent slopes IIe SUMMARY Tract Aerial Photo Tract Soil Map W Sec. 31 3W Sec Tract 2 co. 58 Tract L38C2 Calco silty clay loam, 0 to 2 percent slopes IIw Mayer loam, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe 83.7 Nicollet loam, 1 to 3 percent slopes Ie Storden loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe L38C2 Clarion-Storden complex, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Knoke silty clay loam, 0 to 1 percent slopes IIIw SUMMARY

6 C Ave C Ave Tract 5 Aerial Photo Sec. 12 Tract 5 Soil Map Sec. 7 20th St 20th St 138D2 Sec B 878B 2 W o. T83N R32W Tract 5 Sec. 18 T83N R33W T83N R32W Tract 5 Sec D2 39C2 85B Nicollet loam, 1 to 3 percent slopes Ie Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, 2 to percent slopes, moderately eroded IIe Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Canisteo clay loam, Bemis moraine, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, 2 to percent slopes IIe B Ocheyedan loam, 2 to 5 percent slopes IIe B Spillville loam, 2 to 5 percent slopes IIe Knoke silty clay loam, 0 to 1 percent slopes IIIw D2 Clarion-Storden loams, 9 to 1 percent slopes, moderately erode IIIe 50.0 Calco silty clay loam, 0 to 2 percent slopes IIw C2 Salida-Storden complex, 5 to 9 percent slopes, moderately erode IIIe D2 Clarion loam, 9 to 1 percent slopes, moderately eroded IIIe SUMMARY Tract Aerial Photo Tract Soil Map L138C Sec D2 38D2 585B o. Tract Tract 7 o. W Tract Sec. 32 Tract 7 Sec. 32 L138C 585B Clarion loam, Bemis moraine, 2 to percent slopes IIe Nicollet loam, 1 to 3 percent slopes Ie Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Canisteo clay loam, Bemis moraine, 0 to 2 percent slopes IIw Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw L138C Clarion loam, Bemis moraine, to 10 percent slopes IIIe Okoboji silty clay loam, 0 to 1 percent slopes IIIw Knoke silty clay loam, 0 to 1 percent slopes IIIw Clarion loam, Bemis moraine, 2 to percent slopes, moderately eroded IIe B Coland-Spillville complex, 1 to 5 percent slopes IIw D2 Clarion-Storden loams, 9 to 1 percent slopes, moderately erode IIIe SUMMARY

7 Tract 8 Aerial Photo Tract 8 Soil Map L2F 25F 38D2 L23B ne co. Sec. 2 Tract 8 G Ave Sec. T8N R ec. 2 R32W ne co. 25F L38C2 38D2 Tract T8 L2F L23B 38D2 L38C2 200th St 38E2 L2G 200th St G Ave Sec. 25 Clarion loam, Bemis moraine, 2 to percent slopes IIe Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw Nicollet loam, 1 to 3 percent slopes Ie L38C2 Clarion-Storden complex, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe D2 Clarion-Storden loams, 9 to 1 percent slopes, moderately erode IIIe Clarion loam, Bemis moraine, 2 to percent slopes, moderately eroded IIe L2G Storden loam, Bemis moraine, 30 to 0 percent slopes VIIe L2F Storden loam, Bemis moraine, 1 to 30 percent slopes VIe Okoboji silty clay loam, 0 to 1 percent slopes IIIw L23B Lester loam, Bemis moraine, 2 to percent slopes IIe F Lester-Storden loams, 18 to 25 percent slopes VIe E2 Clarion-Storden loams, 1 to 18 percent slopes, moderately eroded IVe SUMMARY Tract 9 Aerial Photo Tract 9 Soil Map 2 8 T83N R32W Tract 9 D Ave W 203 Tract D Ave Nicollet loam, 1 to 3 percent slopes Ie Clarion loam, Bemis moraine, 2 to percent slopes, moderately eroded IIe Webster clay loam, Bemis moraine, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Canisteo clay loam, Bemis moraine, 0 to 2 percent slopes IIw Clarion loam, Bemis moraine, 2 to percent slopes IIe Cylinder loam, 32 to 0 inches to sand and gravel, 0 to 2 percent slopes IIs Okoboji silty clay loam, 0 to 1 percent slopes IIIw Calco silty clay loam, 0 to 2 percent slopes IIw Storden loam, Bemis moraine, to 10 percent slopes, moderately eroded IIIe Wadena loam, 32 to 0 inches to sand and gravel, 0 to 2 percent slopes IIs Knoke silty clay loam, 0 to 1 percent slopes IIIw SUMMARY

8 E Ave Kendrick St Auction Terms Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes will be prorated to closing. Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company. Possession: Possession will be granted at closing on December 2, 201 on Tracts 1- and house and January, 2017 on Tracts 5-9 or such other date agreed to by the parties. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier s check, personal check, or company check. All funds will be deposited and held by Farmers National Company in their trust account. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be equally paid by both. Sale is not contingent upon Buyer(s) financing. Approval of Bids: Once minimum published reserve bids are reached each tract will turn into an absolute auction and tract(s) will then sell to the highest bidder. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person s credentials or fitness to bid. Seller: Ray Collins Trust, Collins-Taylor-Thompson Partnership, and Elizabeth Collins Auctioneer: Eric Mueller Closing: The sale closing is on December 2, 201 on Tracts 1- and house and January, 2017 on Tracts 5-9 or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company. Survey: At the Seller s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The seller will pay the survey cost. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres. Sale Method: The real estate will be offered in nine individual tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final. T1 Ralston 5th St roll co. h S t 250th St T2 Apple Ave Apple Ave 200th St 1st St T3 T T5 G E53 B Ave B Ave 20th St T T7 220th St C Ave 20th St 270th St 195th St 225th St 230th St T9 20th St Locust St 250th St E Av e G E39 Eaton Ave 220th St State St Main St 195th Ln 11th St High St Eato G E33 F Ave F Ave 200th St ST 25 G E33 Scranton G G E53 E53 Falcon Ave T8 Forest Ave 230th St G Ave G A G Ave 20th St th S