SHERIDAN COUNTY LAND  AUCTION

Dick Minor, Jr. 

Tuesday November 10, 2009    1:30 pm

The sale will be held at The Gordon Livestock Auction Market (on the south-east edge of Gordon, Nebr.) following the regular cattle sale at approx. 1:30 pm.

160 Acre Pivot Irrigated Farm

A Good Irrigated Quarter with an excellent location for operation and markets! The land is capable of raising all crops associated with the area. Presently in Alfalfa. Ready to go to work for you!

Located: from Gordon, Nebraska 1/2 mile east to 190th Ln., then 3.6 miles south to the northwest corner.

IMPROVEMENTS:

LEGAL DESCRIPTION: SW 1/4 Section 18, Twp 32N, R 41 West of the 6th PM in Sheridan County, Nebraska

COURT HOUSE records indicate a Total of 160 Acres with 118 acres of class 1, 2, 3 & 4 Irrigated Land and 42 acres in Dry Farm Ground.  Estimated CH Value: $96,300.00 (Taxed at 71% on Ag Land).

2008 Real Estate Taxes: $1,023.42  (Tax ID #: 810164812).

FARM SERVICE AGENCY: indicates 160 acres with 152.6 acres cropland. A Corn Base of 99 acres with a yield of 104 bu. plus, a Wheat base of 9.2 acres with a 37 bu yield. Approximate Total 2009 FSA Payment: $2,550.00.

PERSONAL PROPERTY: The personal property included in the sale of these lands shall be the T & L Center Pivot and it’s attached Pump & Motor.

NRD INFORMATION (Upper Niobrara): Irrigation Well # G-058511- 118 Certified Acres. Meter #08-8-4234 (Installed). Meter started in spring of ‘09 at 0.  There is no water allocation for this area at this time.

WELL INFORMATION: Well # G-058511- Date 5/27/1977, Drill depth: 278 ft.; Pumping level: 175 ft.; Static Level: 100 ft.; 700 Gallons per minute. The last 4 years the power cost has averaged $66.45 per acre.

TITLE: Seller will convey property by Warranty Deed supported by Title Insurance, showing good and merchantable title subject to easements and restrictions of record at a cost of one-half to Seller and one-half to Buyer.

TAXES: Seller will pay customary closing costs and Taxes to December 31, 2009 based on the most recent valuation and mill levy.

POSSESSION: The Buyer will have full possession of the land on closing.

MINERALS: The Seller’s are reserving No Minerals.

TERMS:  The Sale Day Deposit: $30,000.00. The land is to be sold for Cash. All financial arrangements must be made prior to the Auction. The sale is subject to Seller confirmation; however, it is the Seller’s desire to sell to the highest and best bidder. The Sale Day Deposit will be made day of sale upon being the successful bidder which will require signing the Purchase Agreement. The deposit will be applied to the purchase price with the balance due at closing on or before December 18, 2009.

NOTE: Information Obtained From Sources Deemed To Be Reliable, But Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis. All Agents representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents. Buyers and Agents should note, we will not accept Sub-agency without prior written consent.  Announcements at sale supersede all prior advertising, printed or oral.