Dawson, NE 68337 - Richardson County

Procedures

This Farm sells at Public Auction, December 10, 2015. Sellers reserve the right to reject all bids. The property is offered as two parcels, and one combination - selling to the highest total bid. Multiple rounds of bidding may be required. The property includes CRP, native rangeland, non-irrigated cropland, with excellent hunting and recreation amenities. Good gravel roads provide access 2 miles east of Dawson on Road 711. The Title Insurance Commitment, Purchase Agreement, and further information is available from Agri Affiliates.

All east of the 6th PM, Richardson County, Nebraska

Parcel 1 - NW1/4SE1/4 Section 24-T2N-R14E.

40 tax assessed acres, 2014 taxes $910.

20.3 acres CRP Contract #11139 through 9/30/2025 at $221.36 per acre, $4,502 annual payment, 100% to Owner. Balance in trees / recreation.

Parcel 2 - E1/2NW1/4 and W1/2W1/2NE1/4 Section 24-T2N-R14E.

120 tax assessed acres, 2014 taxes $2,884.

12.8 acres CRP Contract #1631 through 9/30/2016 at $82.45 per acre, $1,055 annual payment, 90% to Owner. Plus 67.3 acres effective FSA cropland. Includes trees with excellent recreation.

Combination :

Parcels 1 & 2 are offered in combination with 160 taxed acres.

Includes 67.3 acres effective FSA cropland,

with full Base Acres of 50% corn and 50% soybeans.

Terms & Conditions

Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. Balance of the purchase price payable in certified funds at Closing on or before January 20, 2016. There is no contingency for financing. Seller will convey title by Warranty Deed; Title Insurance evidencing merchantable title. Cost of the Title Insurance and an Insured Closing by the Title Company will be shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; free and clear of all liens. The property sells in as-is condition; no warranty is expressed or implied as to the adequacy of any portion of the property.

Possession - Full possession at Closing subject to CRP contract.

Legal Description - If Parcels 1 & 2 sell separately, the physical legal description will be on existing fence & field boundary.

Taxes - 2015 real estate taxes paid by Seller; 2016 by Buyer.

Minerals - All owned Oil, Gas, and Mineral rights pass to Buyer.

Acreages - Reported acreages were obtained from the County USDA-FSA office, and County Assessor. No warranty is expressed or implied as to exact acres. Legal descriptions are subject to existing fence/field boundaries.

USDA-FSA - Historic Base Acres pass to the Buyer, subject to County FSA Committee approval, and allocation between the parcels.

NRD - The property is located in and subject to rules and regulations of the Nemaha NRD.

Internet Bidding - To qualify as a bidder, first complete the required phone interview with Agri Affiliates, then set up an account, user name, and your password on Proxibid website. Final approval must be completed 48 hours prior to the auction. Viewing of the auction is also available at Proxibid. To view, click Real Estate and then Agri Affiliates; then select the auction you wish to view.

Sellers : Jack C. Mitchell Trust

and Eisenthal Family

Listing Agent :

Adam D. Pavelka (402)984-7744

Hastings (402)519-2777

North Platte Office (308)534-9240 John Childears

Kearney Office (308)234-4969 Bart Woodward

Information in the brochures has been obtained from sources deemed reliable. We have no reason to doubt the accuracy, but the information is not guaranteed. Prospective Purchasers should verify all information. Announcements day of sale take precedence over printed or oral statements. Agri Affiliates, Inc. and all agents are acting as Agent of the Seller. Any maps provided by Agri Affiliates are approximations and general guidelines, not survey accurate. As with any agricultural land, this property may include noxious weeds.