Overton, NEDawson County

LOCATION: 5 miles north and 3 1/2 miles west of Overton, or 2 miles north and 6 1/2 miles east of Lexington. (Farm located on Road 758.)

LEGAL

DESCRIPTION: E1/2 SW1/4 and W1/2 SE1/4 except a 12.4 acre tract all in Section 21-T10N-R20W of the 6th P.M., Dawson County, Nebraska.

PROPERTY

DESCRIPTION: Dawson County Assessor indicates a total of 143.92 acres. Farm consists of good quality pivot and gravity irrigated cropland with a small amount of dry crop.

FSA

INFORMATION: Dawson County Farm #6703

Total Cropland - Farm Service Agency indicates 145.66 acres.

Government Base Acres

Corn 122.5 acres at 140 bu/acre

Soybeans 1.0 acre at 39 bu/acre

(Yields are for both direct and counter cyclical payments)

IRRIGATION

INFORMATION: Water for irrigation is provided by two electric wells.

West Well East Well

Well Registration G008484 G008483

Completion Date 10/22/1980 8/14/1973

At 1,100 gpm At 1,000 gpm

Well Depth 220’ 140’

Static Water Level 43’ 45’

Pumping Level 80’ 100’

Column 8” 8”

Pump Fairbanks Morse Layne

Power Unit 50 hp electric motor 40 hp electric motor

The two electric motors & panels are tenant owned and do not sell with property

Pivot 2006 Reinke Model 2065 - - - - - -

NRD

INFORMATION: The farm is located in the Central Platte NRD and has a total of 146.7 certified irrigated acres.

SOILS: Soils consist primarily of very productive Class I Hord and Cozad silt loams, with a small amount of Class II Cozad silt loam.

RE TAXES: 2008 Real Estate Tax - $3,757.34

LIST PRICE: $540,000 Cash

COMMENTS: This is a very productive farm located in a strong farming community. (Property sells subject to a cash farm lease which terminates February 1, 2011.)