Road 387 approximately 2 miles north of McCook, Mccook, NE 69001 - Red Willow County

158.4 Acres (+/-) Red Willow County, NE

Irrigatable - Dry Cropland - Grass

ABSOLUTE LAND AUCTION

Thursday December 20, 2018 - 10 AM

Red Willow County Fairgrounds 4H Building

McCook, NE

Sandra Kay Gallatin - Owner

Take advantage of this opportunity to acquire 158.4 Assessed Acres of productive Red Willow County, Nebraska Irrigatable & Dry Cropland & Grass offered in 1 Tract. The tract consists of 98 Acres (+/-) Irrigatable Cropland & 16.92 Acres (+/-) Dryland with desirable, productive Soils plus 41.42 Acres (+/-) of Grass. This farm is located 2 miles (+/-) North of McCook along Road 387.

LEGAL DESCRIPTION: SE 1/4 Section 9-T3N-R29W Red Willow County, Nebraska

THE TRACT: 158.4 Acres (+/-) consists of 98 Acres (+/-) Irrigatable with a 700-gpm Well, M&M DHD504 Diesel Engine, Driveshaft, Hollowshaft Gearhead & 500-Gal. Fuel Tank. There are also 16.92 Acres (+/-) Dry Cropland. The Cropland on this tract is predominantly Holdrege & Keith Silt Loam soils with county road access along the East side. The 41.42 Acres (+/-) Grass runs the length of this quarter with a Windmill & a pond. The perimeter fence is barbed & woven wire.

NATURAL RESOURCES DISTRICT: Middle Republican NRD has 1 Irrigation Well registered: #G-044308 (6 700-gpm) with 98 Acres Certified.

FSA DATA: (estimate) Contract Acres: Corn 17.06 Wheat 72.84

Direct Yield Average: Corn 122 Wheat 39

2017 TAXES: $ 4,720.62

POSSESSION: Buyer shall receive Landlords Possession at Closing with Full Possession April 3, 2019.

MINERAL RIGHTS: Seller shall reserve the minerals for 20 years or until the end of production.

METHOD OF AUCTION: This Tract will Sell as one Tract undivided.

SUBJECT TO: Existing fences, boundaries, covenants, easements, leases, oil and gas leases, if any, and roads as the same may appear of record. All acre amounts are Estimates Only.

TERMS: The purchaser shall make a 20% earnest deposit the day of the auction. The balance due at Closing on or before January 8, 2019. Upon Closing, Buyer shall receive Landlords Possession with Full Possession April 3, 2019. Seller shall have the equipment not included with the real estate removed by or before June 1, 2019 or said equipment shall become the property of the Buyer. 2018 and prior years real estate taxes paid by Seller. The cost of Title Insurance / Escrow Fee shall be divided equally among the Buyer and Seller. All of the property sells in as is condition, no warranties. Announcements made at the Auction take precedence over any advertising. Prospective buyers should inspect the property and draw their own conclusions. Heartland Partners Realty & Auctioneers are agents representing the sellers.