LEGAL DESCRIPTION: Southwest Quarter (SW1/4) of Section Ten (10), Township Twelve (12) North,
Range Three (3) West of the 6th P.M., York County, Nebraska.

LOCATION: Approximately two miles West and one mile North of Benedict, Nebraska.

REAL ESTATE TAXES: The 2005 real estate taxes were $ 5,109.40. Sellers will pay 2006 and all prior year taxes.

GENERAL INFORMATION: The FSA records indicate there are 154.5 cropland acres. The feed grain bases are Corn -115.7 acres and Soybeans - 38.8 acres. The estimated government payment is $ 3,532.00.

WELL INFORMATION: The irrigation well registration number is G-027743. According to the Department of Natural Resources the well pumps 480 gpm. The completion date was July 1967. The pump column is 7", the well depth is 142', a static level of 79', and a pumping level of 137'. This farm has a Valley seven tower pivot with drops on it.

ACREAGE INFORMATION: This home was built in 1953 and has 1,072 square feet on the main floor
with a full unfinished basement. This home has two bedrooms on the main floor with a recently remodeled bathroom, a nice size kitchen with a large living room. The utility room on the main floor also has washer and dryer hookups. The foundation walls have been professionally shored up due to leaning with anchor plates. There is a double detached garage, with a very usable barn for livestock. The acreage site contains approximatly 5.5 acres.

SOILS: This farm is predominately Hastings Silt Loam and some Fillmore and Hastings Silty Clay Loam.

POSSESSION: Full possession March 1, 2007. Landlord’s possession upon closing.

TERMS & CONDITIONS: Buyers will be required to enter into legally binding purchase agreement with 15% earnest deposit day of auction with balance due in full with certified funds on or before December 31, 2006. Title Insurance and Escrow closing fee shared equally 1⁄2 to seller 1⁄2 to buyer. A warranty deed will be given transferring free and clear title. Farm sells subject to confirmation of sellers. Norm Green Realty & Auction and their associates are representing the sellers only as their agent. Any other terms, factors or conditions announced day of auction shall take precedence over any printed material.

AUCTIONEER’S COMMENT: We have been commissioned by Carolyn Gaswick to offer this farm at public auction to the highest bidder. This is a highly productive farm with good soils and newer pivot. Plan on attending and buy the auction way. Direct all inquiries to Ross Ronne – 366-7818, John Romohr 366-0288, or Michelle Ronne 362-5595, for more information or further details.

CAROLYN GASWICK, OWNER