Big Springs, NE 69122 - Deuel County

Riss Farm is outstanding cropland offered at Absolute Auction as two parcels, and as a combination. Excellent access is seven miles north of the Big Springs I-80 exit on oiled highway, then 3 miles west to the northeast corner. The farm is entirely non-irrigated cropland; county gravel roads on north, west, east boundaries. Title Insurance Commitment, Purchase Agreement, additional information is available from Agri Affiliates.

Parcel 1 : W1/2 Section 33-T14N-R42W, assessed as 319 acres, 2013 taxes $2,652. Soils are 95% Class II Johnson-Satanta series; 5% Class III Satanta - nearly level. 315 acres FSA cropland : Wheat Base 156 acres at 38 bu.; Oats Base 21.6 acres at 50 bu.; Corn Base 12.3 acres at 44 bu.

Parcel 2 : E1/2 Section 33-T14N-R42W, assessed as 318 acres, 2013 taxes $2,652. Soils are 100% Class II Johnson-Satanta series, nearly level. 316 acres FSA cropland : Wheat Base 156.8 acres at 38 bu.; Oats Base 21.7 acres at 50 bu.; Corn Base 12.4 acres at 44 bu.

Combination : Parcels 1 & 2 - 637 Assessed Acres

Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. Balance of the purchase price is payable in certified funds at Closing on or before June 3, 2014. There is no contingency for financing. Sellers will convey title by Trustee Deed; with Title Insurance evidencing merchantable title. Cost of the Title Insurance and an Insured Closing by the Title Company will be shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; Free and clear of all liens. The property sells in as-is condition; No warranty is expressed or implied as to the adequacy of any portion of the property.

Possession - Possession at Closing, subject to crop share Farm Lease. Buyer receives 40% share in 2014 growing winter wheat (full possession after harvest), and 40% share of 2015 wheat planted fall 2014. Buyer shall assume Sellers Federal Crop Insurance & pay associated premium.

Legal Description - If sold in parcels, Seller shall pay costs for Surveyor to establish the 1/2 mile (not a survey).

Taxes - 2013 real estate taxes paid by Seller; 2014 by Buyer.

Minerals - All Owned Oil, Gas, and Minerals pass to Buyer.

Acreages - Reported acreages were obtained from the County USDA-FSA office, and County Assessor. The farm sells without regard to acres. No warranty is expressed or implied as to exact acres. The legal descrip-tions are subject to existing fence/field boundaries.

USDA-FSA - Historic Base Acres pass to the Buyer, subject to County FSA Committee approval.

NRD - The property is located in and subject to rules and regulations of the South Platte NRD.

Seller :Lois E. Riss Trust

Beneficiary : Riss Scholarship Fund

(Big Springs, Chappell, Brule, Ogallala, Lewellen, Oshkosh, Julesburg, Ovid)

Listing Agent : Mike Polk 308/539-4446

Don Walker - Jerry Weaver - Tony Eggleston

Bruce Dodson - Chase Dodson

Broker John Childears

North Platte 308 / 534 - 9240

Agri Affiliates, Inc.