Chappell, NE 69129 - Deuel County

GRAYSON FAMILY TRUST DRYLAND 321.28+/- Total Acres; 320.46+/- ac dryland; Legal: E1/2 of 1, T14N, R45W, Deuel County, Nebraska; Location: From Chappell, Nebraska, 8 mi N on Road 167 to Road 30, 2 mi E on Road 30 to SW corner of the property; Soils primarily consist of Class II with smaller areas of Class III; R/E Taxes: $4,391.98; Asking Price: $352,000.

LEGAL DESCRIPTION: E1/2 of Section 1, Township 14 North, Range 45 West of the 6th PM, Deuel County, Nebraska.

LAND USE: Dryland farming practices consist of raising wheat, millet, corn & sunflowers.

TENURE: Soils consist of Class II (57.2%) and Class III (42.8%). Terrain is level to rolling with 0 to 6% slopes.

FSA INFORMATION: 185.60 wheat base acres with a 39 bushel PLC yield.

GROWING CROPS: 168.86 acres growing millet on 3 strips to be harvested in the fall of 2017. 151.6 acres of wheat on 3 strips was sprayed out & destroyed in spring of 2017. Seller to convey landlords share of growing millet crop to the Buyer. Buyer to assume crop insurance and pay premium at closing.

POSSESSION: Possession of land in growing millet upon harvest in fall of 2017. Possession of land in sprayed out wheat will be planted to wheat in fall of 2017 and possession to be upon wheat harvest in summer 2018.