110.87 ACRES PIVOT IRRIGATED LAND
ABSOLUTE AUCTION
Thursday – November 20 – 10:00 A.M.
Axtell, Nebraska
Auction to be held in the Axtell Community Hall located at 419 Main in Axtell
LIVE ONLINE BIDDING –advance registration  required.

Abrahamson Family
Owners
Plan to attend this auction – excellent quality pivot irrigated cropland with good soils

LAND LOCTION: From Funk, 2 ½ miles east on Highway 6 & 34 and 2 ½ miles north on W Rd. From Axtell, 3 ½ miles west on Highway 6 & 34 and 2 ½ miles north on W Rd.

LEGAL DESCRIPTION: A tract being part of the Northeast Quarter of Section 11, Township 6 North, Range 17 West of the 6th P.M., Phelps County, Nebraska

ABOUT THE PROPERTY: 110.87 Acres, more or less, according to the Phelps County Assessor’s records. Includes a Zimmatic 7 tower pivot system (new approx. 10 years ago) and an 8” well powered by 50 HP electric motor. The southeast corner is gravity irrigated and has underground pipe from the well
The southwest and northeast corners are irrigated by the pivot dump valve.

WELL DATA: (according to registration) Registration number G-027040, completed March, 1967, 150 ft. deep, 53 ft. static water level, 75 ft. pumping level, 1,200 gpm, (note: the pump was pulled in 2007)

FARM SERVICE AGENCY DATA: 104.7 acre corn base with 133 bu. Direct and cc yield, 2.6 acre soybeans base with 50 bu. Direct and cc yield.

SOIL TYPES: Mostly Holdrege silt loam, smaller area of Hord silt loam.

NATURAL RESOURCES DISTRICT INFO: The land is located in the Tri Basin NRD. The certified irrigated acres are 109.08

2007 TAXES: $2,616.16

TERMS: 20% Earnest money payment day of auction. The remainder due on or before December 19, 2008. Possession given upon closing, subject to the tenants rights through February 28, 2009. 2008 and prior years taxes paid by sellers. The cost of the title insurance and escrow fee shall be divided equally between the buyer and seller. The property and irrigation equipment is selling in “as is” condition – no warranties. Marshall Land Brokers & Auctioneers are agents representing the sellers.