Tract One:   SOLD  $378,000.00

Tract One: Sections in 22 & 23–13–47  will be 606 acres +/- with  247 Acres Sprinkler Irrigated, 196 acres grass (includes CRP), and 158 acres Dryland Farm Ground, & 5 acres in Farm Site.

2 - Zimmatic Sprinklers 2001 & 2002 Models! 153.7 acres under east pivot (full circle) and 93 acres under west pivot (wiper).

Excellent Irrigation Wells with 1,000 and 1200 gallons per minute and 60 and 100 Hp. Electric motors! These wells were registered in a series in order that the west quarter, now in CRP, would have irrigation potential.

The Home is a modest 2 Bedrooms with extra space and has been used as a headquarters for the Barnes operation. The Quonset Building is used as a shop and machine storage and has a full cement floor and a hanger style overhead door. Three New GSI 6,000 Bu. Granaries  with drying floors (self unloading) new in 2002!,Other buildings include a wooden Granary and a 51 ft. Semi Van Trailer with shelving. The Seller will retain use of the Grain Bins until March 1, 2005.

 Location: from Lodgepole, Nebraska 2 1/2 miles west on Hwy. 30 to CR 143 then 4 1/2 miles south to CR 14 (the driveway) and the northeast corner.

This Tract has 3 CRP Contracts 13.6 acres in trees (corners) 2001to 2016 @$599.00 per year; the west quarter has 135 acres in CRP grass from 1997 to 2007 @ $4,851.00 per year.

Tract Two:  SOLD $78,000.00

Tract Two: in Section 1-12-48 will be 206 acres all in Non Irrigated Farmland! This Tract has 148.6 acres planted to Certified Organic Wheat! The Farm has been terraced to enhance production.

Location: from Lodgepole, Nebraska 2 1/2 miles west on Hwy. 30 then 7 1/2 miles south on CR 143  then 2 /12 miles west on CR 8 to the northeast corner.

Tract Three:  SOLD $60,000.00

Tract Three: in Section 5-12-47 is 160 acres with 155 tillable acres.  This beautiful Dryland Quarter has 78.8 Acres planted to certified organic wheat! This is a nice laying Quarter.

Location: from Lodgepole, Nebraska 2 1/2 miles west on Hwy. 30 then 7 1/2 miles south on CR 143, 1 1/2 miles west on CR 8, and 1/2 mile south on CR 141  to the northwest corner.

Tract Four:  SOLD $101,00.00

Tract Four: in Section 10-12-47 is 320 acres +/- with 315.4 producing acres. This Tract will have 235.9 Acres planted to certified organic wheat!

Location: from Lodgepole, Nebraska 2 1/2 miles west on Hwy. 30 to Cr 143 then 7 1/2 miles south to CR 8, 1/2 mile west to CR 143, 1 mile south to CR 6, 2 miles east to CR 147 and 1/2 south to the northeast corner.

Note: The Direct FSA Payments will be divided by cropland /acre basis. Please inquire for additional payment information.  All payments are subject to change from FSA due to updated measurements.

   There will be considerable depreciable value attributed to the improvements on Tract One due to the newness of the equipment.

   This is an opportunity to take advantage of an Organic farm in the making! The land affords all the opportunities of farming Organic or Customary.

   If you are in a position to buy property of this kind please don’t miss this opportunity.

Taxes: The 2003 Real Estate taxes are approximately $7,021.00 (paid by Seller). Tract One: $4,109.00, Tract Two: $1,173.32, Tract Three: $927.58, Tract Four $ 1,738.88.,

PRICE TO BE DETERMINED AT AUCTION Thursday November 11th, 2004 at the Community Hall in Lodgepole, Nebraska at 1:30 pm MST.

Terms of Sale: The Farm is to be sold on a cash basis with the following deposit made sale day upon being the successful bidder and signing the purchase agreement.

DEPOSITS REQUIRED SALE DAY  Tract One: $40,000.00, Tract Two: $7,500.00, Tract Three: $5,000.00, Tract Four: $10,000.00   The Unit: $60,000.00.  The balance shall be due at closing on or before December 15th, 2004.

This will be a non-refundable deposit as the Seller will be contractually obligated to sell and the Buyer will be contractually obligated to Buy. The sale is not subject to the Buyer obtaining a loan. Please make all financial arrangements prior to sale. The Buyer and Seller will co-operate with either party in using a 10-31 Tax-Deferred Exchange, not to exceed intended closing. The Sale Is subject To Seller Confirmation, however their desire is to Sell! Please call Kraupie’s Real Estate at 308-262-1150 for detailed information.  Broker participation welcome.

The information contained herein has been obtained from sources believed to be reliable.  We have no reason to doubt its accuracy, but we do not guarantee it.  Buyers should make their own investigations and inspections. Announcements at sale take precedence over all prior advertising. All Lands are west of the 6th PM in Cheyenne County, Nebraska.

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Barnes Farms, Inc.