Funk, NEPhelps County

Location: 2.0 miles west of Funk, Nebraska on US 6/34 and 1/2 mile north on W Road or 8.0 miles east of Holdrege, Nebraska on US 6/34 and 1/2 mile north on W Road.

Legal

Description: NE1/4 and E1/2NW1/4 Section 23-T6N-R17W ) of the 6th P.M., Phelps County, Nebraska (less a 5.0 acre improvement site.

Soils: Soils consist mainly of class I Holdrege silt loam with lesser amounts of Crete, Fillmore & Scott silt loam.

Taxes: 2008 Real Estate Taxes - $7,982.40 on 234.96 assessed acres.

FSA Info: Phelps County Farm #107, Tract #172. Total FSA cropland - 225.6 acres. Base acres:

Corn 180.7 ac w/ a Direct & Counter Cyclical payment yield of 135 bu/acre.

Soybeans 38.3 ac w/ a Direct & Counter Cyclical payment yield of 44 bu/acre.

Well Info: Well Registration # G-036220 Well Registration # G-068317

Completion Date 11/08/1971 Completion Date 07/15/1982

Gallons / Minute 1,100 Gallons / Minute 1,200

Well Depth 160 ft Well Depth 157 ft

Static Water Level 26 ft Static Water Level 25 ft

Pumping Level 45 ft Pumping Level 34 ft

Column Diameter 8” Column Diameter 8”

Pump Layne & Bowler Pump Sargent

Gearhead 50 HP US Motors Gearhead 40 HP Randolph

The property has 227.35 acres certified as irrigated with the Tri Basin Natural Resources District.

Comments: A very good quality irrigated farm with excellent potential for development to pivot irrigation.

List Price: $950,000.00