COMMERCIAL / RESIDENTIAL PROPERTY

37 Acres!                  Alliance Nebraska                7 Lots!

AUCTION

Wednesday November 1st, 2006 1:30 P.M.

Sale to be held at the American Legion Hall at 1504 W. 3rd St. Alliance, Nebraska.

The Yeager Family is offering their land at Auction. The Acreage Tracts will be offered separately or as a Unit. The Lots will also be offered individually or as a Unit.

Land located adjacent to and within the City of Alliance, Nebraska.

Seldom does land with such a great location come on the market.

There are many potential uses for this land.

Tract One:SOLD! $30,000.00 10+/- acres with frontage on Highway 385 & 2, and Ramblin Road

This would be a great business location with access from both the east and west.

Tract Two:SOLD! $26,500.0019+/- acres with access from Ramblin Road, and just North of the Holiday Inn.

This would also make a great business site or development for homes.

Tract Three: SOLD! $9,500.00 7 acres +/- just west of the ball fields and has access to Cody Street.

This tract is a great location for residential lots.

7 Residential Lots On Cody Street: These Lots are in a great location.

 SOLD!

Lots 4, 5, & 6 - $6,400.00

Lot 7:  $2,100.00

Lots 10 & 11:  $4,000.00

Lot 12: $1,900.00

This is a great opportunity for you to purchase a lot to construct your new home or to invest in lots for future development. We will offer individual lots or as two separate groups (Lots 4-7 ) and  ( Lots 10-11-12)

FSA information: 37.5 acres of crop land. Yield: 41 bu.

 Wheat Base: 17 acres. Farm Service Agency payments for 2006, $309.00, 2007 payments to buyer.

Taxes: for Tracts 1, 2, & 3 in 2005 were $751.38 on an assessed value of $37,758.00.

Lots 4-10 are assessed at $5,382.00 each and the 2005 taxes were $107.10 per lot. Lot 11 is assessed at $5,259.00 and the 2005 taxes were $104.66. Lot 12 is a lot on the corner of Cody and 4th Street, assessed at $5,878.00 and the 2005 taxes were $116.98

If sold separately applicable payments and Taxes will be divided by the Assessor and the FSA office.

Legal Description: TRACTS: Part of the NW1/4 of Section 35, Township 25N, Range 48 West of the 6th P.M., Box Butte County, Nebraska. LOTS: Lots 4-5-6-7-10-11-12, Block 1, Margaret Addition to Alliance, Box Butte County, Nebraska. Exact Legal to be determined by Title Insurance.

Terms:  This land to be sold for cash and is not contingent upon loan approval.  All financial arrangements must be made prior to the auction.  The Deposits shall be: $2,500.00 for Tract One; $3,000.00 for Tract Two; $2,000.00 Tract Three; $500.00 per Lot, will be required day of sale upon being the successful Bidder and signing the Purchase Agreement.  The balance will be due on or before December 1st, 2006 when possession will be given. The closings will be handled by Kunzman Title Company.  The Seller will cooperate with the Buyer if using a 1031 Tax-Deferred Exchange (not to exceed the closing date). The sale is subject to seller confirmation; however it is the intention of the sellers to sell to the highest and best bidder.  Announcements at sale supersede all prior advertising, printed or oral.

This information is deemed to be correct but not guaranteed. Potential Buyers should make the decision to buy based on your personal inspection and investigation. 

The Heirs of Anthony I. Yeager