Fillable Form Fm 1874 / C2-16 - Iowa Cash Rent Farm Lease-Short Form (Page 2 of 3) in pdf

5. USDA Commodity Program Payments: Payments shall be paid to the Operator unless otherwise

agreed on with the Farm Service Agency.

6. Recreational Use: Use of the real estate is not allowed for hunting or other recreational purposes

without written consent of the Owner.

7. Division of Expense: All crop production expenses are the responsibility of the Operator. Cost of lime

and application will be treated as follows: ____________________________________________________

8. Expenses: No expense shall be incurred by the Operator for or on account of the Owner without first

obtaining written permission from the Owner. The Operator agrees to take no actions that might cause a

mechanic’s or other lien to be imposed upon the Real Estate and agrees to indemnify the Owner if

actions are taken by the Operator that result in such a lien being imposed.

9. Repair and Maintenance: Minor repairs for buildings and fences: Owner will furnish all materials and

Operator will provide the labor at no charge. New fence: Owner to furnish all materials and one-half of

the cost of labor. Operator to provide one-half of the labor and all of the equipment to construct fence.

Owner will pay 100% of the cost to clear fence row when necessary.

10. Operator’s Duties: Operator agrees to operate the farm in an efficient and steward-like manner, control

weeds and brush in the fields, fence rows, and road ditches, provide proper maintenance to control

erosion and maintain terraces, waterways, and tiles, and building lots and all other areas of the farm where

access is possible. The Operator agrees to furnish to the Owner by December 15 an annual report

including 1) a summary of fertilizer, lime, and pesticide application records and 2) production or yield

information about harvested crops each year, such as may be required for participation in Farm Service

Agency programs or for setting crop insurance actual production history yields, and to use measurement

methods acceptable for these purposes. Operator agrees, on termination of the lease, to yield prompt

possession of the farm to the Owner and to leave the premises in as good condition as before they took

possession or to compensate the Owner for damages.

11. Owner’s Duties: Owner agrees to warrant and defend the Operator’s possession against all persons as

long as this lease remains in effect. The Owner will promptly pay real property taxes and carry insurance

on his/her interest in the property.

12. Harvested Crop’s Aboveground Plants: Operator does not have the right to take any part of the

harvested crop’s aboveground plant without the express written permission of the Owner. This includes

burning or removing any crop residues from the property.

13. Transfer of Interest: The Operator agrees not to lease or sublet any part of the Real Estate nor assign

this lease to any other person or entity, nor sublease any or all of the property described herein without

prior written permission of the Owner. This lease shall be binding upon the heirs, assignees, or

successors in interest of both parties. If the Owner should sell or otherwise transfer title to the Real

Estate, the Owner will do so subject to the provisions of this lease.

14. Changes in Lease Terms: The conduct, representation, or statement of either party, by act or omission,

shall not be construed as a material alteration of this lease until such provision is reduced to writing and

executed by both parties as an addendum to this lease.

15. Right of Entry: The Owner reserves the right to enter the premises at any time for any reasonable

purpose. Upon notice of the lease termination, the Operator agrees to permit the Owner or the Owner’s

lessee or agent to enter the premise to do customary tillage and operations on any land from which the

current crops have been harvested.

___________date ______________owner (s) initials _____________operator (s) initials

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Form Fm 1874 / C2-16 - Iowa Cash Rent Farm Lease-Short Form Page 2