LAND AUCTION. Property Showing Saturday, October 13, :00 Pm to 3:30 PM at the ranch house on Tract 3. Dave Hickey, Agent

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1 LAND AUCTION 1,835+/- Acre Ranch Rock County, Nebraska Offered in Five Tracts! Thursday, November 8, :30 PM at the American Legion Club #123, 201 E Buchanan Street, Bassett, Nebraska Property Showing Saturday, October 13, :00 Pm to 3:30 PM at the ranch house on Tract 3 A15292 For additional information, please contact: Dave Hickey, Agent O Neill, Nebraska Office: (402) Cell: (402) DHickey@FarmersNational.com rving America s Landowners Since Andy Fehringer, AFM,CCA, Manager/Agent O Neill, Nebraska Office: (402) Cell: (402) AFehringer@FarmersNational.com Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Lake Management Forest Resource Management National Hunting Leases FNC Ag Stock

2 Property Information Location: Tract 1-4 Three miles east of Bassett, Nebraska, along US Highway 20, then three miles north on 450th Avenue, and one mile east on 883rd Road to the northwest corner of Tract 1. Tract 2, 3, and 4 adjacent to Tract 1. Tract 5: 1 1/2 miles east of Bassett, Nebraska, along US Highway 20. Legal Description: Tract 1: West Half (W½) of ction 32, Township 31 North, Range 18 West of the 6th PM, Rock County, Nebraska. 320+/- acres Tract 2: South Half of the North Half (S½N½) of ction 30, Township 31 North, Range 18 West of the 6th PM, Rock County, Nebraska. 160+/- acres Tract 3: All of ction 29, Township 31 North, Range 18 West of the 6th PM, Rock County, Nebraska. 640+/- acres Tract 4: All of ction 20, Township 31 North, Range 18 West of the 6th PM, Rock County, Nebraska. 640+/- acres Tract 5: South Half of the Southeast Quarter (S½SE¼) of ction 11, Township 30 North, Range 19 West of the 6th PM, Rock County, Nebraska, except that part thereof conveyed to the State of Nebraska for highway purposes. 75+/- acres

3 Property Description: Good quality ranch offered in five tracts and one combination for bidding. This ranch historically runs 160+ pairs during the summer grazing season, plus puts up hay on nearly 300 acres of productive sub-irrigated and second bench meadows. Well over 375 acres are suitable for hay production. Watered by seven strategically placed windmills plus one solar well with bottomless tank. There is an electric submersible well at the building site. The ranch-style home has a new roof and several updates. Good winter protection on Tracts 2 and 3. If you need additional summer pasture, productive hay meadow, or a complete ranch that is nearly all contiguous and just minutes from Bassett, Nebraska. Call today for a showing! Tract 1: Here is a combination tract of 320 acres that can be good quality pasture with about 123 historical acres that have been either hayed or grazed. This half section is cross-fenced with each quarter having its own windmill. There is a mature windbreak for wind protection. Good public road access. Tract 2: 160 acres with excellent access along a main public road. This quarter has excellent mature windbreaks for the calving season along with a newer Daniels windmill. This tract provides a combination of upland grazing, 80 acres of sub-irrigated meadow, and is cross-fenced. This tract will be offered individually and in combination with Tract 3. Tract 3: 640 acres of lower bench pasture, hay meadow and a 1,369 square foot home. The house has three bedrooms, and two baths. This is an all-electric house with an attached garage. Roof, water heater, furnace and central air are all newer and were replaced in just the last few years. The pasture is cross-fenced with two windmills, a solar well, and water at the house. 100 acres of this has historically been hayed at times. Shelterbelts provide protection and a few small outbuildings included. This tract will be offered individually and in combination with Tract 2. Note: In the event that Tracts 3 and 4 sell separately, it shall be the Buyer s responsibility to build their respective share of the north boundary line fence. Tract 4: 640 acres of quality lower bench, and upland summer pasture with two windmills. All weather gravel road along the north boundary. Note: In the event Tract 3 and Tract 4 sell separately, it shall be the Buyer s responsibility to build their respective share of the south boundary line fence. Tract 5: 75 acres of sub-irrigated and second bench meadow located just east of Bassett, and adjacent to US Highway 20. Long unused windmill, tower, and well. Improvements: Tract 3: 1,369 sq ft ranch style home with two-car attached garage and miscellaneous outbuildings. Real Estate Taxes Tract 1: $2, Tract 2: $1, Tract 3: $4, Tract 4: $4, Tract 5: $553.28

4 Aerial and Soil Maps c 22 c 23 c 24 c 19 c 20 Tract 4 c 21 c 27 T31N R19W c 26 c 25 c 30 Tract 2 c 29 Tract 3 c 28 c 32 c 34 c 35 c 36 c 31 Tract 1 c 33 c 03 c 02 c 01 c 06 c 05 c 04 T30N R19W T30N R18W c 10 c 11 c 12 c 07 c 08 c 09 Tract 5 c 15 c 14 c 13 c 18 c 17 c 16 Tract 1 Aerial Map Tract 1 Soil Map c 30 c Tract 1 c 31 c 32 Tract 1 Els-Tryon complex, 0 to 3 percent slopes IVw IVw Els-Ipage complex, 0 to 3 percent slopes VIw IVw Tryon loamy fine sand, 0 to 3 percent slopes Vw Marlake loamy fine sand, frequently ponded VIIIw Loup fine sandy loam, 0 to 1 percent slopes Vw Tryon loamy fine sand, frequently ponded, 0 to 3 percent slopes Vw c 06 c 05 T30N R18W Els loamy sand, 0 to 3 percent slopes IVw TOTAL

5 Tract 2 Aerial Map Tract 2 Soil Map ec 24 c 19 Tract N R19W Tract 2 ec 25 c 30 Els-Tryon complex, 0 to 3 percent slopes IVw IVw Els loamy sand, 0 to 3 percent slopes IVw Els-Ipage complex, 0 to 3 percent slopes VIw IVw Loup fine sandy loam, 0 to 1 percent slopes Vw ec 36 c 31 Valentine-Els complex, moist, 0 to 9 percent slopes VIe IVe TOTAL Tract 3 Aerial Map Tract 3 Soil Map 19 c 20 c 2 Tract 3 30 c 29 Tract 3 c Els-Tryon complex, 0 to 3 percent slopes IVw IVw Els-Ipage complex, 0 to 3 percent slopes VIw IVw Tryon loamy fine sand, frequently ponded, 0 to 3 percent slopes Vw Loup fine sandy loam, 0 to 1 percent slopes Vw Els loamy sand, 0 to 3 percent slopes IVw Marlake loamy fine sand, frequently ponded VIIIw c 32 c 3 Valentine-Els complex, moist, 0 to 9 percent slopes VIe IVe TOTAL

6 Tract 4 Aerial Map Tract 4 Soil Map 18 c Tract c 20 Tract 4 Els-Ipage complex, 0 to 3 percent slopes VIw IVw Pivot loamy sand, 0 to 3 percent slopes IVe IIIe Els-Tryon complex, 0 to 3 percent slopes IVw IVw Tryon loamy fine sand, 0 to 3 percent slopes Vw Valentine fine sand, 3 to 9 percent slopes, moist VIe IVe Valentine-Els complex, moist, 0 to 9 percent slopes VIe IVe Valentine fine sand, 0 to 3 percent slopes, moist VIe IVe Valentine loamy fine sand, 3 to 9 percent slopes, moist VIe IVe c 29 Marlake loamy fine sand, frequently ponded VIIIw Els loamy sand, 0 to 3 percent slopes IVw TOTAL Tract 5 Aerial Map Tract 5 Soil Map 4662 c 11 c 1 Tract 5 T30N R19W Tract c 14 c 1 Els-Tryon complex, 0 to 3 percent slopes IVw IVw Tryon loamy fine sand, frequently ponded, 0 to 3 percent slopes Vw Loup fine sandy loam, 0 to 1 percent slopes Vw TOTAL

7 C St Dr Property Location Map Karnes Rd 4 ST st St Panzer St Clark St Park St Bassett Fort St Skyline

8 Mineral Rights All mineral interests owned by the seller, if any, will be conveyed to the buyer(s). Taxes Real estate taxes for 2018 payable in 2019 will be paid by the seller. All future taxes will be the responsibility of the buyer(s). Auction Terms the auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and the seller. All decisions of the auctioneer are final. Approval of Bids Final sale is subject to the seller s approval or rejection. Conditions This sale is subject to all easements, covenants, restrictions of record, and leases. Each bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied, by the seller or Farmers National Company. Possession Possession will be granted at closing on December 18, 2018, or such other date agreed to by the parties, subject to current lease. Full possession for the 2019 grazing and haying season. Earnest Payment A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier s check, personal check, or company check. All funds will be deposited and held by Avery L Gurnsey, Attorney at Law in their trust account. Contract and Title Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The seller will provide an owner s policy of title insurance in the amount of the contract price. The cost of title insurance and any escrow closing services will be paid equally by the seller and buyer. Sale is not contingent upon buyer(s) financing. Agency Farmers National Company and its representatives are acting as agents of the seller. Announcements Information provided herein was obtained from sources deemed reliable, but neither the agent nor the seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and seller reserve the right to preclude any person from bidding if there is any question as to the person s credentials or fitness to bid. ller Jacobitz Ranch Heirs Auctioneer Jim Eberle Closing The sale closing is on December 18, 2018, or such date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company. Sale Method The real estate will be offered in five individual tracts, and one combination (Tracts 2 and 3). All bids are open for advancement until the auctioneer announces that the real estate is sold or that the bidding is closed. The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of

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