LEGAL DESCRIPTION: The South Half of the Northeast Quarter (S 1/2 N E 1/4) and the Northwest Quarter of the Northeast Quarter (NW 1/4 NE 1/4) of Section Six (6), Township Twenty-one (21) North, Range Four (4), East of the 6th P.M., in Cuming County, Nebraska, except that part thereof conveyed to the State of Nebraska by Deed recorded in Book 55, Page 510.
FARM INFORMATION: 117.92 acres. 92.4 acres are currently cropland with a corn base of 47.7 acres and soybean base of 34.2 acres. Cropland is classified as HEL. Wetland determinations not complete.
REAL ESTATE TAXES (2013): $4,564.24.
SURVEY: No survey will be provided. Should buyer request survey, it will be at buyer’s expense.
TERMS OF SALE: The property will be auctioned on a per acre basis. Immediately upon conclusion of the auction, the successful bidder(s) will enter into a real estate contract, deposit 10% of the bid price as earnest money. All earnest money will be held in the broker’s trust account until sale closing. Balance due by cashier’s check upon delivery of merchantable title. Sale shall not be contingent upon Buyer financing. Property is sold “as is” with Seller having no obligation for further improvement. 2013 Real Estate taxes will be paid by the Seller. Seller will pay the 2014 Real Estate taxes in form of a credit in the amount of 2013 taxes at closing with buyer then paying taxes when due. Seller to receive rental income for 2014.
CONVEYANCE & TITLE: Seller will provide the Buyer a Warranty Deed, conveying title free and clear of all encumbrances. Seller shall provide an owner’s policy of title insurance. The cost of the owner’s title insurance will be shared equally between Seller and Buyer.
CLOSING DATE & POSSESSION: Sale closing shall be on or before Friday, November 14,2014. Landlord possession will be given at date of closing, full possession at expiration of leases.
BROKER’S COMMENTS: This is an excellent opportunity to purchase a productive Cuming County farm.
ANNOUNCEMENTS: Property information provided was obtained from sources deemed to be reliable; however, Great Plains makes no guarantees as to its accuracy. All bidders are urged to fully inspect the property, its condition and rely on their own conclusions. Any announcements made the day of the auction will have precedent over printed material and will be controlling. Sellers have the right to reject any and all bids.
BROKERS DISCLOSURE: It is understood that the Broker and all of his Licensees are Sellers Agents and representing the Sellers as Clients and Buyers and prospective Buyers as customers.
FOR MORE INFORMATION OR SHOWING, CONTACT: Daniel Wortman, Broker 402-372-6865 or Brian Reimers, Salesperson 402-372-6861.