2680 P Road, Syracuse, NE 68446 - Otoe County

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RESCHEDULED DATE**

160 +/- Acres will sell by Public Auction with Reserve

Thursday, January 6th, 2022

3:00 P.M.

Otoe County Fairgrounds

180 Plum Street, Syracuse, NE 68466

This is a high percentage tillable farm that is nearly all Class II and Class III soils. Farm has Established waterways and terraces in place. Excellent location, just 6 miles to large grain terminal.

Method of Sale: Tract will sell in its entirety by Public Auction with Reserve. Tract will not be split.

Taxes: Seller shall pay all 2021 taxes. Taxes for 2022 and beyond shall be the responsibility of the Buyer.

Terms and Conditions: 10% of total purchase price down the day of the sale. Buyer shall be required to sign a cash, non-contingent offer to purchase immediately following the sale. The remaining balance due shall be paid with a cashiers check at closing. The closing shall be on February 8th, 2022.

Possession: Full possession shall transfer to Buyer upon closing. The 2022 crop and all FSA payments for 2022 are property of the Buyer.

Surveys and Boundaries: Seller will not survey the parcel selling. Acres provided are as of record at the Otoe County Assessors office.

Title, Easements and Mineral Rights: Seller shall furnish a Warranty Deed with title insurance policy. The cost of the Owners title insurance policy and escrow closing fees shall be equally divided between buyer and seller. Any policy endorsements and/or survey requirements shall be at the Buyers expense. All easements filed of record shall be shown on the Title Commitment. A copy of the Title Commitment will be available upon request. All mineral rights owned by the Seller shall be conveyed with the property upon closing.