SHERIDAN COUNTY GRASS

AUCTION

FRIDAY JANUARY 9, 2004 1:30 p.m.

Sale held at the Alliance American Legion Hall at 1504 West 3rd St. in Alliance, Nebraska.

SOLD! $150,000.00

640 +/- acres Sand Hills Pasture

This pasture offers the variety of upland hill grass as well as meadow grass you would want in a grazing parcel. The Meadow has been used for grazing for many years. Water is plentiful with three windmills on this one pasture. Owner Rated at 75 Cow/Calf Pair for the summer grazing season. Plan now to be prepared to Buy an affordably sized pasture in the Nebraska Sand Hills!

Land Located: From Alliance, Nebraska, 16 miles north on Hwy. 87, (to the 16 mile corner) From Hemingford, Nebraska 10 miles east on Hwy. 87(to the 16 mile corner) THEN: 12 1/2 mi. East on Spur 7 to The Hooper Ranch Sign then south 2 1/2 miles (which is a sandhills Trail Road) to The Woodworth Ranch Buildings then south approx. 1/3 mile to the first Auto Gate then continue East/Southeast for approx. 1/2 mile where a slight road would lead from the trail road to the pasture gate to the east (approx. 550 ft.). This is a gate in the south west corner of the Northeast Quarter of Section 33. PLEASE DRIVE WITH CARE AND RESPECT TO THIS AND TO OTHERS PROPERTY WHEN VIEWING THIS LAND.

Legal Description: S ½ Section 28, W 1/2SW1/4, Section 27, NE1/4 Section 33, N1/2NW1/4 Section 34, All in Township 27 North, Range 45, West of the 6th PM, Sheridan County, Nebraska.

Real Estate Taxes: The 2003 Taxes are $1,662.86. The Seller will pay all of the 2003 Taxes. The taxes are assessed on an appraised value for taxes of $122,884.00.

Terms: This land is to be sold for cash. All financial arrangements must be made prior to auction. The deposit to be made day of sale will be $15,000.00 upon being the successful bidder and signing the Purchase Agreement. The deposit will be applied to the purchase price with the balance due at closing, on or before February 10th, 2004. The sale is subject to seller confirmation; however, their desire is to sell. Announcements made at sale supersede all prior advertising, oral or printed. The Buyer and Seller will cooperate with either party to use a 1031 exchange not to exceed the closing date. Contact Kraupie’s Real Estate for complete information at 308-262-1150 or log on to our web site www.farmauction.net and look for this and other auctions.

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.

Gary Trenkle – Terry Trenkle – Allen H. Trenkle – Kent Trenkle – Nancy King