LEGAL DESCRIPTION: Southwest Quarter of the Northwest Quarter (SW1/4NW 1/4) and the West Half of the Southwest Quarter (W1/2SW 1/4) of Section Twenty-one (21), Township Twelve (12) North, Range Four (4) West of the 6th P.M., York County, Nebraska.

LOCATION: 2105 Road C, Bradshaw, NE. 5 1⁄4 miles south of Polk, NE, on the east side of the road.

REAL ESTATE TAXES: The 2005 real estate taxes were $ 2,986.02. The 2006 real estate taxes will be paid by the sellers.

GENERAL INFORMATION: Property consists of 120 acres more or less, with 79 acres irrigated, 8 acres dryland, 25 acres grass, and 8 acres in roads & site according to Assessor records. The FSA records indicate there are 84.4 cropland acres. The corn base is 52.3 acres and the soybean base is 32.1 acres. The estimated government payment is $ 767.00. The owners entered 27 1⁄2 acres into a Rainwater Basin Joint Venture agreement in 2002 for a ten year term ending December 18, 2012. The yearly payment is $687.50. For complete terms contact auction company. The NRCS shows 33 acres wetlands.

HOME INFORMATION: The 3 bedroom home with 1,883 square feet was built in 1920. Propane heated and a wood-burning stove. A detached 24 x 24 double garage built in 1998 has 9 foot doors with openers. The property includes a 100 x 42 x 15 quonset and other outbuildings. Property sells as is with no expressed warranties or guarantees.

WELL INFORMATION: Registration number is #012118. The well was drilled in July 1954. The records show a depth of 180 feet, static level of 78 feet, with a 6" pump and a Randolph gear head.

SOILS: Predominately Holder silt loam.

POSSESSION: Full possession upon closing.

IRRIGATION EQUIPMENT selling separate after the sale of the farmland: A CAT 3054T diesel irrigation unit with fan & radiator on a Heibner cart will sell after the farm. Total package bought new in 2004. Also selling a newer 500 gal. diesel tank.

TERMS & CONDITIONS: Buyers will be required to enter into legally binding purchase agreement with a 15% earnest deposit payable to Norm Green Realty & Auction Trust Account day of auction. Balance in full with certified funds on or before December 4, 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. Any other terms, conditions or factors governing this sale will be announced day of auction. All announcements day of sale take precedence over any printed material. Norm Green Realty & Auction and their associates are representing the sellers only as their agent.

AUCTIONEER’S COMMENT: We have been commissioned by the owners for the E. Recknor Farm to sell this farm to the highest bidder. Plan on attending this auction and buy the auction way. Direct inquiries to Dick Mundt 402-765-7123 or 402-366-9445 or Ross Ronne 402-362-5595.

E. RECKNOR FARM, OWNERS
John F. Recknor, Norman E. Recknor,
Lorraine R. Bauer, Lanson C. Recknor

DICK MUNDT, AUCTIONEER