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LEGAL DESCRIPTION:  Part of the Northeast Quarter (NE1/4) of Section Twenty-four (24), Township Twenty-eight (28) North, Range Eleven (11) West of the 6th p.m., Holt County, NE

LOCATION:  Located on Highway 20 by Inman, Nebraska, approx. ½  mile Northwest on the East side of the road.

REAL ESTATE TAXES:  2005 real estate taxes were $236.60 and will be paid by the seller.  2006 taxes will be prorated to the date of closing.  Parcel ID #450763800

GENERAL INFORMATION:  This is a 28.58 acre tract of ground located on Highway 20 just Northwest of Inman, Nebraska.  Existing outbuildings will be sold AS IS WHERE IS – no warrantees or guarantees expressed or implied by sellers.  This property is zoned Agricultural.  The FSA office records indicate there is 29.0 acres of farmland with no base acres and no government payment at this time.

POSSESSION:  Full possession upon closing. 

TERMS:  The successful bidder will be required to enter into a legally binding purchase agreement day of auction and will be required to make a 20% earnest deposit down payable to Norm Green Realty & Auction Trust Account. Balance in full with certified funds on or before May 19, 2006.  Title insurance will be provided guaranteeing free and clear title with costs being shared equally ½ to seller ½ to buyer.  Escrow closing fee to the title company shall also be split ½ to seller ½ to buyer.  Any other terms, conditions or factors governing this sale will be announced day of auction.  All announcements day of sale take precedence over printed material.  Norm Green Realty & Auction and their associates will be representing the sellers only as their agent.

AUCTIONEER’S COMMENT:  We have been commissioned by Mr. John A. Wolf, Bankruptcy Trustee to sell this property at public auction to the highest bidder.  Plan on attending and buy the auction way!  Contact Ross Ronne or Michelle Ronne at 402-362-5595 for more information.

JOHN A. WOLF, TRUSTEE, Owner