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LAND AUCTION - 160 ACRES -- SOLD $3950/acre
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LEGAL DESCRIPTION: The North Half of the Southeast Quarter (N1/2SE1/4) and the South Half of the Northeast Quarter (S1/2NE1/4) of Section Fourteen (14), Township Eleven (11) North, Range Three (3) East of the 6th p.m., Seward County, NE LOCATION: 3 miles east on Hwy 34 to the corner of Road 238 then 1 ½ miles North. REAL ESTATE TAXES: The 2009 real estate taxes were $3,796.38 and will be paid by sellers. Parcel number 800038231. FSA INFORMATION: FSA records indicate there are 140.9 tillable acres with a wheat base of 8.5 acres, a corn base of 7.7 acres, a grain sorghum base of 79.7 acres and a soybean base of 44.5 acres. The estimated 2009 FSA payment is $2,650.00. POSSESSION: Landlord's posession on closing. Farm sells with one year tenant rights which new owner will receive 40% of a 60-40 split. SOILS: The soils on this farm consist mainly of Hastings Silt Loam with some Hastings Silty Loam, Fillmore Silt Loam, Butler Silt Loam and Longford Sitly clay loam. TERMS & CONDITIONS: The successful bidder will be required to enter into a legally binding purchase agreement with 15% earnest deposit down the day of auction made out to Norm Green Realty & Auction Trust Account with the balance in full with certified funds on or before February 26, 2010. Title insurance will be provided guaranteeing free and clear title transferring deed with the costs of the insurance and escrow closing fees being shared ½ to seller and ½ to buyer. Norm Green Realty & Auction and their agents are representing the sellers only in this transaction. Farms sells subject to seller confirmation. Any other terms, conditions or announcements made day of auction take precedence over any printed material. AUCTIONEER’S COMMENT: This is a good producing dryland quarter in Seward County with good production history.
Joe & Betty Dappan Trust, Owners Green Realty & Auction
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