Loup City, NESherman County

LOCATION: 6 miles east and 3 miles north of Hazard, or 9 miles south of Loup City on State Highway 10. (located on the corner of State Highway 10 and 781 Road)

LEGAL

DESCRIPTION: NE1/4 Section 36-T14N-R15W of the 6th P.M., Sherman County, Nebraska.

PROPERTY

DESCRIPTION: Sherman County Assessor indicates a total of 158.0 acres. Farm consists of good quality dry cropland with pasture.

FSA

INFORMATION: Total Cropland 59.73 acres

Government Base acres: Corn 60.5 acres with direct yield of 53 bu/acre and counter

cyclical yield of 77 bu/acre. (approximately 6 acres, which was once cropland is now

utilized as pasture)

LIVESTOCK

WATER: Provided by a well equipped with an electric submersible.

SOILS: Cropland soils consist of Class II Holdrege and Hall silt loams, with slope of 0-3%.

Pasture soils consist primarily of Coly and Uly silt loams, with slopes of 6-30%.

RE TAXES: 2008 Real Estate Tax - $1,495.50

LIST PRICE: $170,000.00 Cash

COMMENTS: This is a well maintained very productive farm with excellent location and access.

(Property sells subject to a farm lease which terminates February 1, 2010)