Minden, NE 68959 - Kearney County

Location: 5 1/2 miles east of Minden on State Highway 74.

(Located on the corner of State Highway 74 & Road 38)

Legal

Description: Parcel #1 SE1/4 Section 12-T6N-R14W of the 6th P.M.,

Kearney County, Nebraska.

Parcel #2 N1/2 SW1/4 Section 7-T6N-R13W of the 6th

P.M., Kearney County, Nebraska.

Property

Description: Parcel#1 Kearney County Assessor indicates a total of 152.41 acres. Farm consists of a good quality pivot irrigated quarter with dry crop corners.

Parcel#2 Kearney County Assessor indicates a total of 78.74 acres. Farm consists of dry cropland.

Farm Service Agency

Information: Parcel #1 Total Cropland - 147.7 acres

Government Base Acres - Corn 112.7 acres at 130 bu/acre; Wheat 28.1 acres at 38 bu/acre; Soybeans 2 acres at 35 bu/acre (yields are for both direct and counter cyclical payments)

All cropland is considered non-highly erodible by the NRCS.

Parcel #2 Total Cropland - 77.9 acres

Government Base Acres - Corn 59.2 acres at 130 bu/acre; Wheat 14.9 acres at 38 bu/acre; Soybeans 1 acres at 35 bu/acre (yields are for both direct and counter cyclical payments)

All cropland is considered highly erodible by the NRCS.

Irrigation Parcel #1

Information: Registration :G049907

Completion Date :1/28/2003 at 900 gpm

Well Depth :200

Static Water Level : 62

Pumping Level : 95

Column : 8

Pump Layne Bowler

Power Unit U S Motors Electric 60 hp Pivot Valley 7 tower model 8000

(new in 2003)

Panel Cutler Hammer

Natural Resource

District Information:

Farm is located within the Tri-Basin Natural Resource District (NRD).

Parcel #1 has 150.37 certified irrigated acres.

Soils: Parcel #1 Soils consist primarily of Class I, II, & III Kenesaw and Coly silt loams, along with Libory loamy fine sand and Hersh fine sandy loams. Slopes range from 0-6%.

Parcel #2 Soils consist primarily of Class II, & III Coly and Kenesaw silt loams with slopes of 0-3%, with lesser amounts of Class IV & VI Coly silt loams along with Valentine loamy fine sand.

Taxes: Parcel #1 2011 Real Estate Tax - $4,619.94

Parcel #2 2011 Real Estate Tax - $1,083.36

List Price: Parcel #1 $1,400,000.00 Cash

Parcel #2 $300,000 Cash

Comments: This is a very productive farm located in a strong farming community.