3 TRACT S – 321 ACRES – BUFFA LO COUNTY, NE
FREDERICK LAND AUCTION
FRIDAY – SEPTEMBER 5, 2008 – 10:00 A.M.
KEARNEY, NEBRASKA
Auction to be held in the Buffalo County Extension Service Building at 1400 East 34th St. (South side of Fairgrounds).

LIVE ONLINE BIDDING FOR ABSENTEE BIDDERS. Advance registration and deposit required.

 DONALD & HELEN FREDERICK FAMILY FARM

The Frederick Family has owned this land since the 1940’s. It has been a good investment for their family and can be a good investment for your family too. Take advantage of this opportunity. The land is selling at ABSOLUTE AUCTION to the highest bidders regardless of the price – PLAN TO ATTEND!

TRACT 1 • 161.27 ACRES • NEAR NEW PIVOT SYSTEM

LAND LOCATION: From north Kearney, 5 miles north on Highway 10 and 5 miles east on 130 th Rd. (corner of 130 th Rd. and Imperial Rd.)
LEGAL DESCRIPTION: Southeast Quarter of Section 27, Township 10 North, Range 15 West of the 6 th P.M., Buffalo County, Nebraska.
ABOUT THE PROPERTY: 161.27 Acres, more or less, according to Buffalo County Assessor’s records. Includes a Zimmatic 8 Tower Pivot System, 8” irrigation well, John Deere diesel powerunit and 1,000 gallon fuel tank – all new in 2006.
WELL DATA: (according to registration) Registration number G-137922,completed October 6, 2005, 305 ft. deep, 240 ft. of 8” pump col., 215 ft. pumping level, 123 ft. static water level.
FARM SERVICE AGENCY DATA: (estimate) 58.8 acre corn base with 106 bu. CC yield and 76 bu. direct yield; 37.5 acre soybeans base with 32 bu. CC yield and 27 bu. direct yield; 21.2 acre wheat base with 46 bu. CC yield and 43 bu.direct yield; 2.5 acre grain sorghum base with 82 bu. CC yield and 71 bu.direct yield.
NATURAL RESOURCES DISTRICT INFO: The land is in the Central Platte NRD. The certified irrigated acres are 131.2
SOIL TYPES: Mostly Holdrege-Hall silt loam and Coly silt loam.
2007 TAXES: $2,686.58

TRACT 2 • 72 ACRES • BUILDING SITE & PASTURELAND

LAND LOCATION: Across the road east of Tract 1.
LEGAL DESCRIPTION: That part west of the electrical powerline in the Southwest Quarter of Section 26, Township 10 North, Range 15 West of the 6 th P.M., Buffalo County, Nebraska.
ABOUT THE PROPERTY: Estimated to be 72 acres, more or less. Consisting of pastureland and an established building site with home and outbuildings –very well protected by a mature windbreak. The home includes 3 bedrooms, living room, dining room, kitchen, full bathroom, enclosed porch, unfinished basement and forced air furnace.The interior of the home is in excellent condition–must see to appreciate. Also included is an Agra Sun Systems 40 x 74 ft. steel frame metal building with two large doors and concrete floor, a 32 x 40 ft. woodframe barn w/ loft, concrete silo, (2) smaller steel grain bins, other woodframe sheds and a submersible well.
SOIL TYPES: Mostly Coly silt loam, Hobbs silt loam, Uly and Holdrege silt loams.
2007 TAXES: (estimate) $905

TRACT 3 • 88 ACRES • CROPLAND AND PASTURE

Tracts 2 and 3 will be offered separately and together.

PAYMENT: The purchaser of each tract shall make a 20% deposit with signing of the purchase agreement immediately following the auction. The remainder shall be due on or before December 1, 2008.
POSSESSION: Given upon closing subject to the tenant’s rights through December 31, 2008.
TAXES: 2008 and prior years taxes paid by sellers. 2009 taxes will be the responsibility of the purchaser.
TITLE: A title insurance commitment showing good title will be provided. The cost of the title insurance and escrow fee shall be divided equally among the buyer and seller. Title will be conveyed by Warranty Deed.
IMPROVEMENTS: The improvements sell in “as is” condition with no warranties.
MINERALS: The sellers will convey all the mineral rights they own, if any.
FSA: The farms have been in combination for Farm Service Agency purposes. The County FSA office has provided estimates of the acreage bases and yields.
AGENCY: Marshall Land Brokers & Auctioneers are agents representing the sellers.
Information in this brochure has 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.