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FARMLAND AUCTION
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LEGAL DESCRIPTION: The Northeast Quarter (NE1/4) of Section Nine (9), Township Seven (7) North, Range Two (2) West of the 6th P.M., Fillmore County, Nebraska LOCATION: 5 miles North of Geneva, Nebraska on Highway 81 and 2 1/ 2 miles East or 3 miles South of Fairmont, Nebraska and 2 1/ 2 miles East. REAL ESTATE TAXES: 2007 taxes are $3.878.70, under parcel #300034629. All 2008 and prior year taxes will be paid by seller. Buyer will assume 2009 taxes. GENERAL INFORMATION: Farmland consists of 160 acres more or less with FSA records showing 156.6 acres cropland, with a corn base of 131.7 acres, a soybean base of 23.7 acres and a 1.1 grain sorghum base. The estimated FSA payment for 2009 will be $4,083.00 The predominate soils are Crete & Fillmore silt loam, with some Crete & Butler silt loam. WELL INFORMATION: Registration # G-024440, 1,100 gpm, 9” col. diameter, depth of well 265’, static level 117’, pump level 129’, well completed on 8/12/1965. NOTE: The pivot system, irrigation engine and iron bridges are owned by the tenant and DO NOT SELL with the farm. POSSESSION: Landlord’s possession upon closing – October 16, 2008. Full possession March 1, 2009. TERMS & CONDITIONS: Buyers will be required to enter into a legally binding purchase agreement with 15% earnest deposit the day of purchase with a balance due in full with certified funds on or before October 16, 2008, made payable to Norm Green Realty & Auction Trust Account. Title Insurance and Escrow Closing Fee shall be shared 1/ 2 to seller 1/ 2 to buyer. Personal Representative’s deed will be given transferring free & clear title. Buyer obtains 2009 rights to farm. Norm Green Realty & Auction and their associates are representing the seller’s only as their agent. Any other terms, factors or conditions announced the day of sale shall take precedence over any printed material. AUCTIONEER’S COMMENT: We have been commissioned by the estate of Georgia I. Loukota, by Steven B. Fillman, PR to sell this Fillmore County farm. This farm is located in a good strong farming community with good soils and water. Plan on attending and buy the auction way. Contact ROSS RONNE 366-7818 or JOHN ROMOHR 402-366-0288 for further information or details. Gerogia I. Loukota Estate |
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