320 AcresDryland & Pasture 

Sheridan County

Owner:  Carol Scheenen

Number of Acres: 320 Acres more or less.

Land located Two miles West of Hay Springs, Nebraska on Hwy. 20 and one mile north to southeast corner.

Legal Description: East 1/2 Section 29, Township 32N, Range 46 West of the 6th P.M., Sheridan County, Nebraska

Description: There are 261 acres of dryland farm ground with 116.7 acres of planted wheat and 19.4 acres of CCRP. The balance is farmstead, grass and road. There is approximately 10,000 bushel of grain storage, large old barn and several out buildings.

Farm Service Agency Information: The wheat base is 122.7 acres - 33 bushel yield -2004 payment of $1,790.00, and 19.4 acres of CCRP - payment of $683.00 which continues until October 2017.  Total Government payments in 2004 was $2,473.00. The Buyer must assume and comply with the existing Farm Program and CCRP contracts. Please contact your local Farm Service Agency office for details of obligation.

Taxes: The 2004 Real Estate taxes are approximately $1,174.26 (paid by Seller).

Minerals: The Seller is reserving no minerals. (Possibly subject to a prior reservation.)

Possession: The Buyer will have full possession of the stubble on closing.   The planted wheat will be subject to the tenant’s lease.  The buyer will receive the landlords 1/3 share of the growing wheat. The buyer will also receive the CCRP payment and the landlord’s share of the Government payment.

Terms: This farm will be offered at Auction on March 3^rd, 2005 at the Lister-Sage Community Center, Hay Springs Nebraska at 1:30 p. m.  Contact your local lender now to make arrangements to buy!  The sale of this property is not contingent upon loan approval.  All financial arrangements must be made prior to sale.    Earnest deposit will be $10,000 and will apply to the purchase price and the balance will be due at closing on or before April 4, 2005.  The sale is subject to Seller confirmation; however it is the intention of the Seller to sell to the highest and best bidder.  The Seller will co-operate with the buyer in using a 10-31 Tax-Deferred Exchange.

The information contained herein has been obtained from sources believed to be reliable. We have no reason to doubt it's accuracy, but we do not guarantee it. Buyers should make their own investigations and inspections.  Please contact Kraupie's for the additional information