Lamar, NE 69023 - Chase County

Soils, terrain, irrigation water, irrigation equipment are all positive for Western Chase County Pivot Irrigated Cropland. Here is an excellent opportunity to purchase quality pivot irrigated farmland. All parcels are located in Chase County, Nebraska - just east of the Colorado border.

Parcel 1: NW1/4 Section 14-T8N-R41W, including 160 taxed acres : 130 pivot irrigated, 28 acres dryland cropland. 2010 Taxes $2,523. County minimum maintenance road on west boundary. Well G-072703 - drilled in 1990; 278 ft depth; test pump 650 gpm at 123 ft at drilling. 7 tower Zimmatic, 75 HP US Electric motor. 153.2 NRD Certified Irrigated acres (130 under pivot), with outstanding carryover inches. 85% Class I Mace/Alliance/Kuma loams; 15% Class II.

Parcel 2: SW1/4 Section 28-T8N-R40W, including 160 taxed acres : 121.7 pivot irrigated, 39.6 in dryland corners. 2010 Taxes $2,556. County gravel south. Well G-037833; well depth 275 ft; test pump 1,400 gpm at 216 ft at drilling - rebowled in 2008 by Sargent. 7 tower Zimmatic pivot, 125 HP GE electric motor. 130.8 acres Certified Irrigated acres Upper Republican NRD. Will have excellent carryover inches. 64% Class I Rosebud loam; 35% Class III Rosebud-Canyon loams.

Parcel 3: SW1/4 Section 27-T8N-R40W, taxed as 160 acres, 175.1 FSA crop acres (believed to be 179.7 actual acres) : 127.9 pivot irrigated, 47 in dryland corners. 2010 Taxes $2,709. County gravel on west & south. Well G-037834; well depth 260 ft; test pump 1,600 gpm at 180 ft at drilling. 7 tower Zimmatic, 100 HP U.S. Electric motor. 154.3 NRD Certified Irrigated acres - an oversize quarter with additional cropland on the north (127.9 pivot irrigated vs 154.3 Certified Irrigated). Will have excellent NRD carryover inches remaining. 54% Class I Kuma & Rosebud; 36% Class III Rosebud loam soils.

Combination: Parcels 2&3 - 249.6 irrigated acres, 285.1 Certified

Possession subject to farm leases ending February 29, 2012 for irrigated portions. Buyer assumes Landlords 40% share in growing wheat corners on Parcel 1; and Buyer shall accept assignment of Sellers Crop Insurance on these corners.