Norfolk, NE 68701 - Madison County

TRACT #1

ZONING: Rural Residential

LEGAL: West 30 +/- acres in the South Half of the Southwest Quarter (S2SW4) Section 13, Township 24 North,

Range 2 West.

SIZE: 30+/- acres

COMMENT: Tract 1 lies along 61st Street, a blacktop road. If tract is sold separately, a survey will be provided by the Seller. According to the City of Norfolk the land can be divided into three acre tracts. Please consult Norfolk zoning administrator for confirmation. This is a unique opportunity to purchase RR land close to Norfolk on a hard surfaced road one mile from Hwy 275.

TRACT #2

LEGAL: Part of the South Half of the Southwest Quarter (S2SW4) 33.57 acres in Section 13 and Part of the

South Half of the Northwest Quarter (S2NW4) 35.99 acres and Part of North Half of the Northwest Quarter

(N2NW4) 75.32 acres in Section 24 all in Township 24 North, Range 2 West in Madison County, Nebraska.

SIZE: 154.88 Acres

PIVOT: Seven tower Zimmatic- Growsmart. SN# AO875

DEEP WELL: Registration # G-047011 Drilled in 1982

Depth 220 ft. Pumping from 170 ft and producing 800 GPM when drilled.

High Thrust Gearhead Model 404 TP SN# U02T354RP45R

Western Land Roller Pump SN #G-75571

100 HP US Motors electric motor

CERTIFIED IRRIGATED ACRES: There are 125.34 certified irrigated acres according to the Upper Elkhorn Natural

Resources District. UENRD will adjust certified acres if tracts 1 and 2 have separate buyers.

BASE ACRES: Corn 95 acres with a PLC yield 178 bushels. Base acres will be adjusted by the Madison County

FSA if tracts sold to separate buyers.

SOIL DESCRIPTION: The cropland soils are mostly Thurman, Boelus loamy fine sand and Nora-Crofton complex.

TOTAL REAL ESTATE TAX FOR 2022: $9,750.02 -- The taxes to be divided by Madison County Treasurer if tracts

sold to different buyers.

POSSESSION: Full possession for 2023 at closing or other such date approved by both parties.