LAND LOCATION: 1/2 mile east of Minden on Highway 6 & 34 to 22 Rd. (Landmark Implement), then south across RR tracks and 1 mile east on M Rd.
LEGAL DESCRIPTION: Northwest Quarter of Section 9, Township 6 North, Range 14 West of the 6th P.M., Kearney County, Nebraska
ABOUT THE LAND: 160.49 Acres, more or less, according to Kearney County Assessor's records. Highly productive pivot sprinkler irrigated farm with irrigation well and Chevrolet 454 powerunit on natural gas. ( Note: Pivot sprinkler system is owned by the tenant- not included)
FARM SERVICE AGENCY: Total cropland- 156.2 acres. 137.4 Acre corn base, 8 acre soybeans base, 8.4 acre wheat base. 2013 Direct payment - $3,690
WELL DATA: (per registration) G-060369, July 1978, 230 ft. deep, 94 ft. static water level, 115 ft. pumping level, 8" pump col., 900 GPM
SOIL TYPES: Holdrege silt loam, 93.4% rated as Class 1 irrigated and 6.6% rated as Class 2. SRPG rating of 73.9.
NATURAL RESOURCES DISTRICT: The land is located in the Tri-Basin NRD. The certified irrigation rights for 156.5 acres.
2012 TAXES: $7,392.10
PAYMENT: 20% Deposit day
of auction with signing purchase agreement.. The remainder due on
or before November 1, 2013.
POSSESSION: Possession given date of closing subject to the tenant's rights through February 28, 2014. The sellers shall receive all 2013 rents.
TAXES: 2013 and prior years taxes paid by sellers. The 2014 taxes shall be the responsibility of the purchaser.
TITLE: Title insurance will be used as evidence of marketable title. The cost of the owner’s title policy and the escrow fee shall be divided equally between the seller and buyer.
MINERAL RIGHTS: The sellers will convey all the mineral rights they own, if any.
FINANCING: This sale is NOT contingent upon the buyer’s financing. Prospective buyers should make financial arrangements prior to the auction date.
ABSENTEE BIDS: Bidding via cell phone, internet, and/or on someone’s behalf must be approved by Marshall Land Brokers & Auctioneers 24 hours prior to the auction.
PROPERTY CONDITION: The property is selling in “as is” condition – no warranties expressed or implied.
METHOD OF SALE: The selling price shall be determined by multiplying the bid by 160.49
AGENCY: Marshall Land Brokers & Auctioneers are agents representing the sellers.
Maps shown are for illustration purposes only and are not intended to represent actual property lines.
Acreage figures and data have been obtained from sources believed to be reliable although its accuracy cannot be guaranteed by the sellers and their agents. We urge prospective buyers to inspect and rely on their own conclusions. Announcements made at the auction take precedence over prior advertising.