Auction Information
1,156 Acres in Broadwater, NE
*****LOREN H. BOMAN REVOCABLE TRUST LAND*****
*Range Land & Farm Land in Morrill County, Ne*
*INCOME OR DRY LAND FARM GROUND POTENTIAL*
**THE UNIT: 1,156 Acres +/-**
~LEGAL DESCRIPTION: S1/2N1/2, S1/2 Section 8, All of Section 17 and Pt. of NE1/4 (North of County Road) Section 20, all in Township 19 North, Range 47 West of the 6th P.M., Morrill County, Nebraska.
~2011 REAL ESTATE TAXES for the Entire Unit: $3,947.47
~FARM SERVICE AGENCY:
CRP Contract #531 in effect until 9/30/2020 paying $37.50 per acre on 454.7 acres , or, $17,051.00 per year. An additional CRP Contract is #318A on 31 acres renewed until 9/30/2013, or $1,137.00 per year. BUYER CAN ELECT TO REMOVE THE CRP CONTRACT!
The pasture land is also enrolled in the Conservation Stewardship Program (CSP) until 2014. This program pays to the landowner approximately $5.87 per acre, or $3,774.00 per year on 642 acres. This pro...
The pasture land is also enrolled in the Conservation Stewardship Program (CSP) until 2014. This program pays to the landowner approximately $5.87 per acre, or $3,774.00 per year on 642 acres. This program has some requirements for grazing management. From current information, this program must be assumed by the Buyer.
-1,113 Acres, 492.3 Cropland
-6.6 Acres Active Wheat Base
-243.3 acres Wheat Base (CRP Reduction like wheat base on hold) Direct yield 40 bu.
-60 acres Corn base (CRP Reduction like corn base on hold)
~POSSESSION: The Buyer will have full possession on closing.
~SALE DAY DEPOSIT on the Unit: $50,000.00
**TRACT ONE: 676 Acres +/-**
Beautiful hill pastureland and non-irrigated farmland in CRP. The pasture is watered by a windmill. The grass is good hard grass with Black Root, Grama and other varieties of native grasses. The farmland in CRP is relatively flat with a good stand of grass. This Tract will be offered with or without the Home Tract. The tract as a whole will include Tract 1(A).
~LEGAL DESCRIPTION: All of Section 17 and Pt. of NE1/4 (North of County Road) Section 20, all in Township 19 North, Range 47 West of the 6th P.M., Morrill County, Nebraska.
~2011 REAL ESTATE TAXES: approximately $2,623.41.
~SALE DAY DEPOSIT: $35,000.00
**TRACT TWO: 480 Acres +/-**
This Tract will contain 480 Acres +/- with 140.1 acres CRP to 9/30/2020 and 25.7 acres to 9/30/2013. There is 290 acres of good pastureland with a well at the corral on the south side. Lots of shelter for Livestock and Wildlife! Evergreen and Deciduous Tree Belts. The tree belts are fenced separate from the pasture and farm ground for the most part. More variety of grass showing little grazing use last year! Dont overlook this one!
~LOCATED: 5 miles east & north of Broadwater, Nebr. on Rd 84 to Rd 135 then 1 mi. north to the southeast corner.
~LEGAL DESCRIPTION: S1/2N1/2, S1/2 Section 8, all in Township 19 North, Range 47 West of the 6th P.M., Morrill County, Nebraska
~2011 REAL ESTATE TAXES: $1,229.98
~SALE DAY DEPOSIT: $15,000.00.
~MINERALS: The Sellers are reserving a one half non-participating interest in oils, gases and minerals for 20 years from date of Deed.
~ADDITIONAL FARM SERVICE AGENCY INFORMATION: The Buyer must assume, and comply with the current farm program and CRP Contract (Unless they desire to farm the land). Should the Buyer desire to farm or graze the land and remove it from the CRP, The Buyer will compensate the Sellers an additional $10,000.00 above the Auction price (or $20.62 per acre). The base acreage will be divided on a cropland per acre basis if the Tracts sell separately. Note: Buyers must be eligible to receive the Farm Program DCP Payments.
~TITLE: The Sellers will convey property by Trustees Deed Deed supported by Title Insurance, showing good and merchantable title, subject to easements and restrictions of record, at a cost of one-half to Seller and one-half to Buyer.
~TAXES: Seller agrees to pay customary closing costs and taxes up to December 31, 2011. The Buyer will be responsible for all of the 2012 Real Estate Tax.
**NOTE: This Information Was Obtained From Sources Deemed To Be Reliable, But Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis. All acreages represented are more or less. Buyers and Agents should note, we will not accept Sub-agency without prior written consent. All Agents representing Kraupies Real Estate & Auctioneers are working as Sellers Agents. Announcements at sale supersede all prior advertising printed or oral. For additional information please contact Kraupies in Bridgeport at 308-262-1150.
