Kearney, NE 68847 - Kearney County

PHELPS TRUST PIVOT

KEARNEY COUNTY, NEBRASKA

LOCATION: 6 1/2 miles south and 5 miles west of Kearney, Nebraska. Access is provided

by county gravel Road 20 bordering on the west.

LEGAL

DESCRIPTION: SW1/4 Section 18-T7N-R16W of the 6th P.M., Kearney County, Nebraska.

PROPERTY

DESCRIPTION: Kearney County Assessor indicates a total of 151.15 acres. Farm consists of pivot irrigated cropland with dry crop corners.

FSA

INFORMATION: Total cropland acres - 141.7 acres

Government base acres:

Corn 67.9 acres with a direct yield of 69 bu/acre and counter cyclical yield of 166 bu/acre

Soybeans 67.9 acres with a direct yield of 38 bu/acre and counter cyclical yield of 46 bu/acre

IRRIGATION

INFORMATION: Well Registration # G-073798 Pump Western Land Roller

Completion 06/05/1991 Gearhead Amarillo, 60 hp

Gallonage 800 GPM Power Unit 8-cylinder Chevy

Well Depth 146 Pivot Valley 60008 Tower

Static water 37

Pumping 54

Column 8

NRD

INFORMATION: Farm is located in the Tri Basin Natural Resource District (NRD) and has a total of

122.39 certified irrigated acres.

SOILS: Soils consist primarily of Coly-Kenesaw silt loams and Coly silt loams. There are also lesser

amounts of Kenesaw and Coly-Uly silt loams.

TAXES: 2010 Real Estate Tax - $3,174.82

LIST PRICE: $995,000 CASH

COMMENTS: This is a well maintained, productive farm located in a strong farming community.