LEGAL DESCRIPTION:  Part N½ of Section 5 and part N½NE¼ of Section 6, all in Township 4 North, Range 33 West of the 6^th P.M., Hitchcock Co., NE.

LAND USE:  198.73 acres of gravity irrigated cropland, 59.95 acres of dryland cropland and 60.85 acres of Frenchman Creek recreational land ~ good hunting area.  Included with sale: all plastic irrigation pipe at site, surge valve, 2 John Deere diesel power units, 1 30-hp electric power unit and 16,00 bushel grain bin.  Farmstead building site excluded.

SOILS:

CERTIFIED IRRIGATED ACRES:  192.0 acres with Middle Republican NRD.

WATER ALLOCATION:  60” for 5 years or 12” per year.  The N½ of 5-4-33 has a 79.0 acre water right from the Culbertson Canal.  No water delivered from the canal since 2001.

FSA RECORDS:

IRRIGATION WELL DATA*:

2007 REAL ESTATE TAXES:  $3,091.60

2007 OCCUPATION TAXES:  $1,351.68

2007 FRENCHMAN VALLEY WATER ASSESSMENT:  $956.55 (from Culbertson Canal)

POSSESSION:  Upon Closing – sale is subject to 2008 cropland lease.

PRICE:  SOLD