TERMS & CONDITIONS
Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. Balance of the purchase price payable in certified funds at Closing on or before March 27, 2020. There is no contingency for financing. Seller to convey title by trustees deed; with title insurance evidencing merchantable title. Cost of the title insurance and an insured closing by the Title Company will be shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; free and clear of all liens. The property sells in as-is condition; no warranty is expressed or implied as to the adequacy of any portion of the property. This is an Absolute Auction.
Possession - At Closing.
Taxes - 2019 real estate taxes est. $9,365.22, paid by Seller; all 2020 by Buyer.
Minerals - All owned oil, gas, ...
Minerals - All owned oil, gas, and mineral rights pass to Buyer.
Acreages - No warranty is expressed or implied as to exact acres included in the parcel. Legal description is subject to existing fence and field boundaries.
NRD - Property is located in and subject to the rules and regulations of the Middle Republican Natural Resources District
PROCEDURES & INFORMATION
Real estate Absolute Auction for the M. Lemon Estate. The Purchase Agreement and Title Insurance Commitment are available through Agri Affiliates prior to the auction.
Location - Property is located 9 miles SW of Hayes Center, Nebraska.
Legal Description - E1/2 Section 22 (except a surveyed tract); All Section 23 (except a surveyed tract); all in T6N-R34W of the 6th P.M., in Hayes County, Nebraska (There are 118 excluded surveyed acres)
Equipment - Pivots consist of 1-10 Tower Gifford Hill and 1-8 tower Gifford Hill. 250HP GE electric motor, and one well with Western Land Roller Pump.
Irrigation Info - Well Reg: G-102193; Well Depth: 431 ft.; 1000 gal/min
NRD Info - 275.7 Certified Acres, Middle Republican NRD through 2022 growing season. Start of 2019 irrigating season - 60.34/acre through 2022.
Grass - Approximately 240 total acres of grassland with approx. 217 acres fenced. No current water source available for livestock watering.
CRP - Approximately 280.7 acres of CRP. CRP contract #494A, expires in 2020 with a rental rate of $43.87 per acre.
Comments - Both pivots run at the same time, sprinkler package on both pivots are I-wobs on top of the pivot. There is separate mainline pipe going to each pivot. Excellent hunting potential with good county road access.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information6 miles west of Hayes Center on CR 737 then south on CR358 for 3 miles to the NE boundary of the property
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