Clarks, NE 68628 - Merrick County

RE/MAX TOTAL REALTY INC OF COLUMBUS IS CONDUCTING THIS AUCTION. 2317 13TH STREET, COLUMBUS, NE. THOMAS KUMPF BROKER

Merrick County

170 Acres Pivot Irrigated

Land Auction

Monday November 19 , 2012 2:00 p.m.

VFW Hall Clarks, NE

LOCATION OF PROPERTY:

1 mile east of Clarks on Highway 30

LEGAL DESCRIPTION:

Tract in West Lying South of UPRR Less Tax Lot 28-75 CLX CXFD Section 32, Township 15 North, Range 4 West of 6th Prime Meridian, Merrick Co NE (169.77 acres more or less)

Assessor Parcel Number: 0000736.00

General Information

This parcel is irrigated with 2 center pivots. A 2001 7-Tower Zimmatic and a used 5 Tower RainCat Pivot which was installed in 2011.

In 2004 10 underground PVC Pipe was installed from well to main pivot with two shut-offs. One shut off at the main pivot and another shut off midway which services the second pivot.

Assessor records indicate 161.84 acres as being irrigated with 6.36 acres of dryland farmground. The remainder of 1.57 acres are declared road.

The sand pit in Northeast corner is not included as part of this property

FSA INFORMATION

Crop Base Yield

Corn 162.9 118/144

Cropland Acres: 168.20

Irrigated Acres- 161.84

Dryland acres- 6.36

INFORMATION ON WELLS

Registration Number:G-054842

Completion Date- 12/1977

148 Acres

1250 GPM (set at 925 GPM)

Well Depth: 126 ft.

Pumping Level: 55 feet

8" Well Diameter

Registration Number: G-009374

Completion Date- 5/1957

40 Acres

900 GPM

Well Depth: 70 Feet

Pumping Level: 36 Feet

8 Well Diameter

2004 WEG 60 HP electric motor, with electric panel and 3 phase lines.

Currently one well provides water to both pivots.

POSSESSION- Immediate pending 2012 farm lease which expires February 28, 2012

2011 Taxes: $4171.30

Escrow- Landmark Title and Escrow Company will be conducting the closing for this transaction.

Agency: RE/MAX Total Realty Inc of Columbus is an agent for the seller

Terms: $100,000 due the day of the auction at which time the successful bidder will enter into a written purchase agreement with the seller. Balance of the sale price to be paid on or before December 14, 2012 at which time a title insurance commitment showing merchantable title and warranty deed will be delivered. The cost of title insurance and escrow fee will be equally split between the buyer and seller. 2012 taxes and all previous years taxes paid by the seller. 2013 taxes paid by buyer.. Buyers are reminded this is a cash sale, any needed financing should be arranged prior to the bidding. All announcements made day of auction take precedence over any and all printed material.

Owner: Zach family

REMAX TOTAL REALTY INC

2317 13th Street

Columbus, NE

LISTING AGENTS- DOUG ROMSHEK 402-367-7911

RICK GRUBAUGH 402-276-1210