Funk, NEPhelps County

Location: 3 miles south of Funk, or 7 miles east of

Holdrege, Nebraska. (Farm located on

the corner of U Road and 731 Road)

Legal

Description: SW1/4 Section 3-T5N-R17W of the 6th

P.M., Phelps County, Nebraska.

Property

Description: Phelps County Assessor indicates a total

of 160.69 acres. Farm consists of a high

quality pivot irrigated quarter.

FSA

Information: Total Cropland - 157.4 acres

Government Base Acres -

Corn 147.5 acres at 129 bu/acre

Wheat 0.1 acres at 42 bu/acre

Soybeans 9.7 acres at 32 bu/acre

Yield is for both direct and counter cyclical payments. All cropland is considered non-highly

erodible by the NRCS.

Irrigation

Information: Water for irrigation is provided by a well located at the pivot point. Irrigation well information

is as follows:

Well Registration G055522

Completion Date 2/23/1977 at 900 gpm

Well Depth 169’

Static Water Level 68’

Pumping Level 81’

Column 8”

(The pump, gearhead, diesel engine, and pivot irrigation system are tenant owned and do not sell

with the property)

NRD

Information: Farm is located in the Tri-Basin Natural Resource District (NRD) and contains 133.14 certified irrigated

acres.

Soils: Soils consist primarily of Class I Holdrege silt loam, with lesser amounts of Class II Holdrege

and Butler silt loams. Slopes range from 0-3%.

RE Taxes: 2009 - $4,128.46

List Price: $740,000 Cash

Comments: This is an opportunity to own a top quality pivot irrigated farm located in a strong farming

community. (Farm sells subject to a 2010 cash farm lease.)