CHICKASAW COUNTY, IOWA LAND AUCTION | OFFERED IN TWO TRACTS

Mark your calendar for Friday November 6th, 2026 12 p.m Noon (CST).  CHICKASAW COUNTY, IOWA LAND AUCTION |110.36 ACRES M/L – OFFERED IN TWO TRACTS KILOTERRA is proud to present 110.36 net taxable acres M/L of highly productive Chickasaw County farmland located approximately 4 miles north of Sumner, Iowa, at the intersection of Windsor Avenue and 300th Street. The property consists of two adjoining tracts, offering quality cropland with strong productivity and excellent access. Together, the two tracts carry a weighted average CSR2 of 87.0 and provide an outstanding opportunity to acquire productive northern Iowa farmland. With both tracts featuring primarily cropland, strong CSR2 ratings, and efficient field layouts, this offering is well suited for area producers looking to expand their operations or investors seeking quality Iowa farmland. The property will be offered at Live Public & Online Auction on Friday, November 6, 2026, at 12:00 Noon. Bidding will be available live at the Fredericksburg Community Center in Fredericksburg, Iowa, as well as online. The property will be offered in two individual tracts. TRACT 1 – 72.36 ACRES M/L Tract 1 consists of 72.36 net acres M/L and is located on the southeast corner of Windsor Avenue and 300th Street, approximately 4 miles north of Sumner. According to Chickasaw County FSA/USDA information, the tract contains approximately 72.40 DCP cropland acres and 71.89 base acres. The cropland carries an excellent average CSR2 of 86.09. This tract consists entirely of cropland and offers highly productive soils with an efficient field layout. With virtually every acre in production, Tract 1 provides an excellent opportunity for an area producer looking to expand their operation or an investor seeking quality Iowa farmland. PROPERTY FEATURES – TRACT 1: * 72.36 NET Acres M/L * Average CSR2: 86.09 * 72.40 DCP Cropland Acres * 71.89 Base Acres * Productive soils and efficient field layout * Excellent opportunity for expansion or investment * Convenient access from Windsor Avenue and 300th Street TRACT 2 – 38 ACRES M/L Tract 2 consists of 38 NET acres M/L and is located on the southwest corner of Windsor Avenue and 300th Street, approximately 4 miles north of Sumner. According to Chickasaw County FSA/USDA information, tract 2 has 37.05 FSA acres carrying an average CSR2 of 88.9. The property contains 34.25 effective DCP cropland acres along with 2.80 acres enrolled in CRP. The CRP currently provides $580 in annual income. Tract 2 offers an attractive combination of productive cropland and established CRP income. The tract’s strong CSR2, efficient layout, and convenient location make it an excellent opportunity for an area farmer or farmland investor. PROPERTY FEATURES – TRACT 2: * 38 NET Acres M/L * Average CSR2: 88.9 * 37.05 FSA Acres * 34.25 DCP Cropland Acres * 2.80 Acres Enrolled in CRP * $580 in Annual CRP Income * Productive and well-configured cropland * Convenient access from Windsor Avenue and 300th Street * Excellent addition to an existing farming operation or investment portfolio LIVE PUBLIC & ONLINE AUCTION Friday, November 6, 2026 | 12:00 Noon (CST) Fredericksburg Community Center 151 W Main St. Fredericksburg, Iowa 50630 The property will be offered in two individual tracts, with bidding available live in person and online. Tracts will be offered individually via the buyer’s choice method and will not be combined. TOTAL ACREAGE: 110.36 Net Taxable Acres M/L TRACT 1: 72.36 Net Taxable Acres M/L | CSR2 86.09 TRACT 2: 38 Net Taxable Acres M/L | CSR2 88.9 COMBINED AVERAGE CSR2: 87.0 Absentee bidding will be available via online bidding.  Online Bidders must register 24 hours prior to the day of auction. For assistance registering for online bidding, or for questions regarding this property, contact Listing Agent, Shane Spyksma at (515) 468-6838 General Summary: * Sign on Property: YES * General Farm Location: 4 miles north of Sumner, Iowa, at the intersection of Windsor Avenue and 300th Street * Brief Legal Description: Tract 1: 72.36 acres in the N1/2 of the NW1/4 of Sec. 36 TWP 94N, R11W, Exact Legal to come from abstract. Tract 2:38.0. acres in the NE1/4 of the NE1/4 of Sec. 35, TWP 94N, R11W, Exact Legal to come from abstract  * Parcel Numbers: Tract 1: 191636200001 Tract 2: 191635100001 * Net Acres: Tract 1: 72.37+/- acres  Tract 2: 38+/- acres * Online Bidding: YES (24 hrs prior registration required) * Closing: December 9 ,2026; as agreed by buyer and seller. * Possession: Immediately upon Closing, Subject to Tenants Rights. * Terms: Cash/Conventional, not subject to buyer financing. 10% Earnest Deposit Due day of Auction. * Abstract: Seller will provide an abstract continued to the date of purchase, at Seller’s Expense. AUCTION DETAILS Chickasaw County, Iowa Land Auction 110.36 Gross Acres Friday, November 6th, 2026 at 12:00 PM, NOON (CST) Auction Location: Fredericksburg Community Center 151 W Main St. Terms and Conditions: Seller’s Attorney:  Pat Dillon at Dillon Law P.C.. Agency Disclosure: KILOTERRA and its agents are exclusive representatives of the seller. Successful bidder(s) acknowledge they are representing themselves in the transaction and are responsible to complete the transaction if identified as the winning bidder. Auction Method: The property will be offered in two tracts and sold using the “Buyer’s Choice” auction method on a price-per-acre basis. Tracts will not be combined or offered in their entirety at the conclusion of the auction. Participants may view the auction in our Virtual platform, where Online bidding will be available. Bidder Registration: All bidders must register with KILOTERRA and obtain a bidder number prior to the start of the auction to place a bid at the Auction. Online bidders must register with KILOTERRA and receive prior authorization 24 hours prior to the auction in order to participate. Online Bidding: Visit KILOTERRA's website for further details. Earnest Money Deposit: A deposit in the amount of 10% of the gross sale price is required on the day of auction. Earnest money must be made in form of cash or check, payable to KILOTERRA Trust and will be held by KILOTERRA’s Trust Account until the day of closing. Farm Lease and Possession: The farm is leased for 2026, with 105 acres leased at $300 per acre, totaling $31,500 in rent for 2026. The sellers (Keith and Jennifer Hauser) effectively terminated the lease as of August 3rd, 2026. The cash rent will be prorated between the buyer and seller to the date of closing. The winning bidders will have immediate possession upon closing of the property, subject to tenants' rights. Closing and Possession: Closing will occur on or before December 9th, 2026; or as agreed by buyer and seller. The balance of the purchase price is due at closing in the form of cash, check, or electronic wire transfer. Possession will be immediate upon closing. Subject to tenant's rights. .  Agency Acknowledgement & Purchase Agreement: Immediately upon conclusion of the Auction, Winning Bidder(s) will sign an Agency Disclosure and Acknowledgement which indicates KILOTERRA is representing the Seller’s and Winning Bidder is representing themselves. Contract and Title: Winning Bidder(s) will enter a Real Estate Sales Contract with the seller, which detail the terms of the sale as outlined herein. Winning Bidder(s) will also deposit with KILOTERRA the Earnest Money deposit. This sale is not contingent upon Buyer Financing Approval and will be considered a Cash Transaction. The seller will provide a current abstract at their expense. Full legal descriptions will come from the abstract, and gross sales prices will be calculated based on Price Per Acre X Net Taxable Acres [Tract 1 - 72.36 & Tract 2 - 38] Improvements: Improvements, such as but not limited to fences, buildings, terraces, tiling, etc. are in “as-is condition” and will not be further improved, updated, or replaced by the sellers prior to closing. Note that fence lines may not be directly on the legal boundary and any desire to relocate, replace, or improve fencing or buildings shall be the responsibility of the Buyer. Disclosures: This sale is subject to all easements and servient estates appurtenant thereto and subject to any zoning restrictions, restrictive covenants, easements, leases, mineral reservations, and restrictions of record, if any exist. All property is sold on an “As is – Where is” basis with no warranties expressed or implied by the Auctioneer, KILOTERRA, KILOTERRA’s agents, or the Seller. Any announcements made day of Auction by the Auctioneer or Listing Agent(s) will take precedence over any previously published public marketing information. Bidding increments are at the discretion of the Auctioneer and all decisions of the Auctioneer are final. Disclaimers: Farm Program Information is provided by the United States Department of Agriculture (USDA) offices. All field boundaries are taken from these and other sources believed by the seller and KILOTERRA to be accurate. Values included in statements and or published marketing including but not limited to the conservation plan, gross acres, total crop acres, FSA acres, base acres, and CSR2 ratings, are believed to be reliable and are estimates by the seller and KILOTERRA. However, it is expressed that this information are subject to change if/when the farm is reconstituted by the Dallas County FSA and NRCS offices and prospective bidders acknowledge that these values may vary from figures stated within marketing material or day of auction. Prospective Bidders shall perform their own inspection of the property prior to bidding at the auction.