Douglas, NE 68344 - Otoe County

LEGAL DESCRIPTION: The S 1/2 NE1/4 (Less Highway ROW 7 Less 5 acre tract) of

Section 27, Township 8 North, Range 9 East of the 6th PM, Otoe County, Nebraska containing 73.22 deeded acres

LOCATION & GENERAL DESCRIPTION: From Palmyra, Nebraska, proceed 4.5miles

south on Highway 66A, or from Douglas, Nebraska proceed 2.5 miles north on Highway

66A. Property is on the west side of Highway 66A. FSA is showing 73.54 acres in row

crop. Farm is terraced with waterways. Bordered on the east by Highway 66A.

2022 TAXES: $4,386.28 Otoe County Parcel ID #1004120500

DCP CROPLAND = 74.32 acres; Corn Base 35.31 acres, PLC Yield 112 bushel; Soybean

Base 35.31 acres, PLC Yield 37 bushel

METHOD OF SALE: Tract will sell in its entirety by Public Auction with Reserve. Tracts

will not be subdivided.

TAXES: Seller shall pay all 2023 taxes. Taxes for 2024 and beyond shall be the responsibility of the Buyer.

TERMS AND CONDITIONS: 10% of total purchase price down the day of the

sale. Buyer shall be required to sign a cash, non-contingent offer to purchase immediately following the sale. The remaining balance due shall be paid with a cashiers

check at closing. The closing shall be on December 28, 2023.

POSSESSION: Full possession shall transfer to Buyer upon closing, December 28,

2023.

SURVEYS AND BOUNDARIES: Seller will not survey the parcel selling. Acres

provided are as of record at the Otoe County Assessors office.

TITLE, EASEMENTS AND MINERAL RIGHTS: Seller shall furnish a Warranty Deed with title insurance policy. The cost of the

Owners title insurance policy and escrow closing fees shall be equally divided between buyer and seller. Any policy endorsements

and/or survey requirements shall be at the Buyers expense. All easements filed of record shall be shown on the Title Commitment.

A copy of the Title Commitment will be available upon request. All mineral rights owned by the Seller shall be conveyed with the

property upon closing.

PROPERTY WILL SELL TO THE HIGHEST BIDDER WITH SELLERS CONFIRMATION

Announcements from the auction block will take precedence over printed material.

Information on printed material, though deemed to be accurate, is not guaranteed.