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FARMLAND AUCTION
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TRACT #1 LEGAL DESCRIPTION: The Northeast Quarter (NE1/4) of Section Three (3), Township Ten (10) North, Range Two (2) West of the 6th P.M., York County, Nebraska. Selling as 160 irrigated acres more or less. LOCATION: From Hwy 34 and Road O, go 2 miles south and 1/ 2 mile east, south side of road. REAL ESTATE TAXES: 2009 taxes are $6,965.56 and are being paid by the seller. Buyer will be responsible for 2010 taxes. Parcel ID# 930031059. GENERAL INFORMATION: The FSA records indicate there are 150.8 cropland acres. The feed grain base is wheat, 4.6 acres; corn, 72.6 acres; grain sorghum, 6.2 acres; and soybeans, 67.4 acres. The estimated FSA payment for 2009 will be approximately $3,155.00. WELL INFORMATION: NRD well logs show that the well was drilled 2004, 800 gpm, well depth 270 feet, pumping depth 200 feet and static level 100 feet. Well log #G-051615. Farms sells with a Zimmatic 10 tower pivot, Case IH 6590 power unit and Ammarillo 100 hp gear head 11-10. SOILS: Predominately Hastings Silt Loam with a small amount of Hastings Silty Clay Loam.
TRACT #2 LEGAL DESCRIPTION: The Southwest Quarter of the Southwest Quarter (SW1/4SW1/4) of Section Eleven (11), Township Ten (10) North, Range Two (2) West of the 6th P.M., York County, Nebraska. Selling as 40 dryland acres more or less. LOCATION: From Hwy 34 and Road P, go 3 3/ 4 miles south on east side of road. REAL ESTATE TAXES: 2009 taxes are $855.24 and are being paid by the seller. Buyer will be responsible for 2010 taxes. Parcel ID# 930028309. GENERAL INFORMATION: The FSA records indicate there are 19.2 cropland acres. The feed grain base soybeans, 8.6 acres; grain sorghum, .8 acres; corn, 9.2 acres and wheat, .6 acres. The estimated FSA payment for 2009 will be approximately $401.00. FSA records do indicate this tract contains a wetland or farmed wetland. WELL INFORMATION: NRD well logs show a submersible pump at 140 gpm. Well log #G-068335. SOILS: Predominately Hobbs Silt Loam, Hastings Silt Loam and Hord Silt Loam. POSSESSION ON BOTH TRACTS: Immediate possession will be given with closing set for March 26, 2010. Owner will obtain life-use of the acreage site located on tract #1. TERMS FOR BOTH TRACTS: We will sell tract #1 followed by tract #2 with no combinations offered. The successful bidder will be required to enter into a legally binding purchase agreement and make an earnest deposit of 20% of the gross selling price the day of the auction payable to Norm Green Realty & Auction trust account. Balance due in full with certified funds on or before March 26, 2010. Title insurance will be furnished guaranteeing free & clear title with the costs of the insurance and escrow closing fees to be split equally between buyer & seller. Warranty deed or equivalent will be given on both tracts. Farms sell subject to seller confirmation. All information deemed reliable but not guaranteed. Any other terms, conditions or factors governing this sale will be announced day of auction and till take precedence over any printed material. Norm Green Realty & Auction and their associates are representing the sellers only as their agent. GLENN A. RATHJE, OWNER GREEN REALTY & AUCTION
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