| Agent: | Rod Johnson & Jeff Frack | Phone: | 402-371-0065 or 402-434-4497 |
June 22, 2011 Land Auction
Wilderness Ridge Club House @ 7:00p.m.
149.37 Acres - Dry Crop Land
Lancaster County, Nebraska
Location: From the intersection of Hwy 2 and Hwy 43, two miles north on 148th Street to Midway Road to the southwest corner. Or from “O” Street east of Lincoln, go five miles south on 148th Street to Pine Lake Rd, the northwest corner. 148th street is a blacktop road. Midway road is the south boundary.
Legal Description: Lots 5 & 14 in the Northwest quarter of Section 22, Township 9 North, Range 8 East of the 6th PM, Lancaster County.
Property Description: The land is gently sloping to undulating dry cropland. It is terraced, some reshaped in the fall of 2010. There are 138.66 crop acres with the remainder in waterways, roads and waste.
Lease: The land is leased until October 31, 2011. The lease payment is retained by the seller.
Marketing Package: Please contact Rod Johnson at 402-750-5294 or Jeff Frack at 402-480-4945 to receive a marketing package with FSA data, maps, survey, easement, etc. Note: A buyer's meeting will be held June 14th at 7:00p.m. at Wilderness Ridge Club House to answer your questions on the land and the auction procedure.
Primay Soils are:
| Wymore silty clay loam, 1-3% slopes | Class lle |
| Wymore silty clay loam, 3-6% slopes | Class llle |
| Wymore silty clay, 3-6% slopes | Class lVe |
FSA Information:
| F.S.A Data | Base Acres | Direct Yield (bushels) | CC Yield (bushels) |
| Wheat base | 34.3 | 37 | 37 |
| Sorghum base | 82.3 | 77 | 77 |
| Corn base | 10.0 | 79 | 79 |
| Soybeans base | 12.5 | 31 | 31 |
Real Estate Tax For 2010: $3,654.92
2010 and prior taxes will be paid by the seller. The 2011 real estate taxes will be prorated to day of closing.
Price, Terms and Possession:The successful buyer(s) will be required to sign the purchase agreement immediately following the sale and deposit 10% as earnest money in the form of a personal, business or cashier check. The closing is projected to be November 1, 2011. The seller is flexible on the closing date. If any grain remains to be harvested after October 31, 2011, the tenant shall have the right to complete the harvest even though the lease has expired. The cost of title insurance and escrow closing to be prepared by Nebraska Title Company will be divided equally between buyer and seller. Full possession of the land will be given at closing, subject to tenant's rights discussed above.
Buyer(s) acknowledge that he/she (they) have made a personal inspection of the property and understand the land and improvements are being sold in “as is” condition. No warranty is expressed or implied by the owner or agents of United Farm & Ranch Management. It is the seller’s intent to sell but reserves the right to reject any and all bids. United Farm & Ranch Management and its agents are representing the seller. All announcements made the day of the sale take precedence over previous announcements. The sale is not contingent upon buyer financing. All preliminary financial arrangements must be made prior to the sale.
Information has been compiled from sources deemed reliable, but neither United Farm & Ranch Management, its agents nor the owner make any guarantee as to the accuracy. All prospective bidders are urged to fully inspect the property, its condition, and rely on their own conclusions. The land is sold subject to the existing pipeline easement (see addenda).
It is the desire of TCS Family Farm LLP to sell to the highest bidder, but the sale is subject to seller confirmation. All announcements made the day of the auction take precedence over earlier announcements, verbal or written. United Farm and Ranch Management and its agents are representing the seller as a sellers’ agent.
The owner is not aware of any noxious weeds but cannot guarantee that the land is free from noxious weeds. The buyers should make their own inspection of the property. Any construction of boundary fences will be at the expense of the buyer.
Comment: This property is good productive land with a highly desirable location along a blacktop road. Don't miss this opportunity to purchase quality land!
For further information please contact:
Rod Johnson
United Farm & Ranch Management
400 Braasch Ave, Suite 1
Norfolk, NE 68701
(402) 371-0065 - Office
(402) 750-5294 - Cell
email »
or
Jeff Frack
United Farm & Ranch Management
1248 O Street, Suite 1000
Lincoln, NE 68508
(402) 434-4497 - Office
(402) 480-4945 - Cell
email »
The information contained herein is deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it. The prospective buyer should verify all information.
