Co Rd 31, Tekamah, NEBurt County

Legal Description:

N 1/2 NE 1/4 22-23-10

2009 Taxes: $1,750.50

Corn Base: 33.9 Soybean Base: 28.4

Total Base Acres: 62.3

There are 76.3 Acres of Cropland and 77.7 Acres of

Farmland.

CC Yield Corn: 84

Beans: 26

The 2010 Government Payment was 963.00

Terms of Auction: The successful bidder will be required to enter into a written purchase agreement with a 10% down payment the day of the auction. The balance will be due at closing on or before December 31, 2010. Landlord possession on date of closing subject to tenants rights until February 28, 2011. Full possession available March 1, 2011. Seller will provide marketable title to the Buyer, evidenced by a policy of title insurance. Cost of title insurance will be divided equally between Seller and Buyer. The 2010 real estate taxes will be paid by Seller. Property will not be sold subject to financing. Please have all financial arrangements made prior to the auction. All announcements the day of the auction will take precedence over anything written or implied.

Conditions: This sale is subject to all easements, covenants, leases and restrictions of record. All property is sold “as is-where is” with no warranties or guarantees, expressed or implied, by Sellers or Auctioneers.

Announcements: Property information provided herein was obtained from sources deemed reliable, but the Auctioneer or Seller make no guarantees as to its accuracy. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures in this information are approximate or “more or less.” Any announcements made auction day by the Auctioneer will take precedence over previous material or oral statements. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final. The intent is to sell, but Sellers reserve the right to reject all offers. Olson Pearson Auctions and Realty and their representatives are agents of the Seller.