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1 LAND AUCTION Serving America s Landowners Since 1929 Tuesday, July 9, :00 PM at the Edgar Legion Hall, Edgar, Nebraska L /- Acres Clay County, Nebraska Selling in Four Tracts! For additional information, contact: Andy Hubert, AFM, Agent, Geneva, Nebraska Phone: (402) AHubert@FarmersNational.com Jim Eberle, Auctioneer Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultation Oil and Gas Management Lake Management National Hunting Leases
2 Tracts /- Acres Location: From Edgar, Nebraska, 1/2 mile east, 1/2 mile south on Road S Legal: SE1/4 NW1/4 and W1/2 NW1/4 & Pt NE1/4 NW1/4 South of the railroad Section 36, T5N, R6 FSA Information: Farm #3319: 94.8 acres cropland Corn Soybean Milo.4 73 Wheat.2 36 Well Information: Drilled in 1967 to depth of 192 Pumping level 104, static water level 82, pumped 1500 gpm when drilled Equipment: Pivot Reinke eight tower, set up for 900 gal at 45 psi Motor - US electric 50 HP electric motor Pump - Western land roller Pit pump - US electric 10 HP electric motor Allens Bradley Panel Aluminum pipe
3 Tracts /- Acres Location: From Edgar, Nebraska, 2 1/2 mile west on Road 3035 Legal: NW1/4 Section 29, T5N, R6 FSA Information: Farm #3319: acres cropland Corn Soybean Milo.6 73 Wheat.4 36 Well Information: Drilled in 1965 to depth of 183 Pumping level 98, static water level 80 Pumped 1500 gpm when drilled Equipment: 60 HP US electric motor Weston land Roller Pump 1978 eight tower Reinke center pivot Aluminum pipe Bins: 18,000 bushels Plains Perfection Bin 8,000 bushel Supok Bin Gravity Well: Driller in 1968 to depth of 183, pumping level 98 static water level 80, pumped 1500 gpm when drilled.
4 Tracts /- Acres Location: From Edgar, Nebraska, one mile west on Road 3035, 1/2 mile south on County Road Q Legal: NE1/4 Section 33, T5N, R6 FSA Information: Farm #3319: 94.8 acres cropland Corn Soybean Milo.5 73 Wheat.4 36 Well Information: Drilled in 1973 to depth of 188. Pumping level 110, static water level 83 Equipment: 60 HP US Electric motor Western Land Roller Pump Gravity Well - Drilled in 1975 to depth of 188, pumping level 126, static water HP US electric motor Aluminum pipe Center pivot not included in sale, belongs to farm operator.
5 Tracts /- Acres Location: From Edgar, Nebraska, two mile west on Road 3035, one mile south on County Road P Legal: SE1/4 Section 32, T5N, R6 FSA Information: Farm #3319: acres cropland Corn Soybean Milo Wheat.2 36 Well Information: Drilled in 1976 to depth of 182. Pumping level 121, static water level 84, pumped 1200 gpm when drilled Equipment: 75 HP US electric motor Weston land Roller Pump Center pivot not included in sale, belongs to farm operator.
6 Aerial Map of Tracts Tract 2 Tract 3 Tract 1 Tract 4
7 Auction Terms Minerals All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Real Estate Taxes Real estate taxes for 2012 payable in 2013 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s). Tract 1 - $4,447.62, Tract 2 - $7,742.66, Tract 3 - $7,985.52, Tract 4 - $7, Conditions This sale is subject to all easements, covenants, leases and restrictions of record. 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, expressed or implied, made by the Auctioneer or Seller. Possession Landlord possession will be granted at closing on or about August 15, 2013, Buyer(s) to assume lease terms for 2013 crop year, contact agent for lease details. Earnest Money A 10% earnest money payment is required on the day of the auction. The earnest payment may be paid in the form of cash or check. All funds will be held by Farmers National trust account. Approval of Bids Final sale is subject to the approval of the Seller. 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 auction company 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 the auction company will take precedence over any previous printed materials or oral statements. The auction 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. Sellers: Verda N and Edgar A Bussell Revocable Trust Land Auction: Tuesday, July 9, :00 PM at the Edgar Legion Hall, Edgar, Nebraska Sales Contract and Title Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate sale contract and deposit with the Auctioneer the required earnest payment. The Seller will provide an owner s policy of title insurance in the amount of the purchase price. The cost of such title insurance and any escrow closing services will be shared equally by the Seller and Buyer. Sale is not contingent upon Buyer financing. Closing The projected closing date is on or about August 15, The balance of the purchase price will be payable at closing in cash, a guaranteed check, or by wire transfer. Sale Method The real estate will be offered as four tracts. All bids are open for advancement until the Auctioneer announces that the property is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of the Auction Company and Seller. All decisions of the Auctioneer are final. Andy Hubert, AFM, Agent, Geneva, Nebraska Phone: (402) AHubert@FarmersNational.com Jim Eberle, Auctioneer Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultation Oil and Gas Management Lake Management National Hunting Leases
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