ORMESHER RANCH Real Estate Auction 1 PM Central, Wednesday, June 20, 2012 Niobrara Lodge in Valentine, Nebraska Offered Exclusively By: NORTH PLATTE OFFICE P.O. Box 1166 I-80 & US Hwy 83 North Platte, NE 69103 www.agriaffiliates.com (308) 534-9240 Fax (308) 534-9244 Information contained herein was obtained for sources deemed reliable. We have no reason to doubt the accuracy, but we do not guarantee it. Prospective Buyers should verify all information, including items of income and expense.
Ormesher Ranch in Cherry County, Nebraska includes two parcels 11 miles south of Valentine via US#83 to Mile Marker 200, then 4 miles east on county gravel road to Parcel 1. Parcel 2 is 1/2 mile west of US#83. The Ranch is offered in separate parcels and as a Total Ranch, selling to the highest total bid. The Sellers reserve the right to reject any and all bids, but fully expect to sell the Ranch. The property is available for immediate possession upon Closing as cattle were sold last year; Sellers are prepared to Close the day following the auction; all hay on the property passes to the Purchaser. Please contact Agri Affiliates for inspection of the Ranch. Procedures The auction of Ormesher Ranch includes 5,993 Deeded Acres plus 640 Acres School Lands Lease. The Ranch is offered in 2 Parcels and as a Total Ranch. Title Insurance Commitment and Purchase Agreement are available from Agri Affiliates prior to the auction. This is a Cash Sale, not contingent on financing. Terms & Conditions Terms - This is a cash sale requiring a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. The balance of purchase price is payable in certified funds at Closing on or before July 12, 2012. Seller will convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of Title Insurance and Insured Closing shared 50/50 by Seller/Purchaser. Property sells subject to easements, rights-of-way, zoning, reservations, restrictions of record; and free and clear of all liens. Property and improvements sell in as-is condition. No warranty is expressed or implied as to the adequacy or condition of any portion of the property, for any use. Possession - Full possession of the property on Closing. Taxes - 2011 taxes paid by the Seller; all 2012 taxes by Purchaser. Minerals - All Owned Oil, Gas, and Mineral rights pass to Purchaser. Acreages - Reported acreages were obtained from the Cherry County Assessor, USDA-FSA maps, NRD and various map sources. Property sells without regard to acres. No warranty is expressed or implied as to the exact acres. Legal description is subject to existing fence boundaries, land use trades or fence claims by third parties. As with all farm & ranch property, noxious weeds may be present on this property. NRD - The Ranch is located in the Middle Niobrara NRD, and subject to any controls or regulations of the NRD. Information in our brochures has been obtained from sources deemed reliable. We have no reason to doubt the accuracy, but the information is not guaranteed. Prospective Purchasers should verify all information. Announcements day of sale take precedence over printed or oral statements. Agri Affiliates, Inc. and all agents of Broker are acting as Agent of the Seller. Seller : Bruce & Betty Ormesher Family Leland Johnston - 402/309-9216 Dallas Dodson - 402/376-1707 Cell 389-0319 John Childears, Broker Mike Polk, Loren Johnson, Jerry Weaver, Bruce Dodson Tony Eggleston, Appraiser North Platte, Nebraska 308 / 534-9240 Kearney Office 308/234-4969 www.agriaffiliates.com
Hwy 20 Hwy 83 School Lease Parcel 2 Parcel 1 All maps provided by Agri Affiliates, Inc. are approximations only, to be used as a general guideline, and not intended as survey accurate.
Parcel 1 Legal Description: E1/2 Sec 33; SW1/4, W1/2SE1/4, SE1/4SE1/4 Sec 34; E1/2, E1/2W1/2, SW1/4SW1/4 Sec 35-T32N-R27W; and S1/2N1/2, N1/2S1/2, SE1/4SE1/4 Sec 1; All Secs 2&3; NE1/4, NE1/4NW1/4 Sec 10; N1/2, SE1/4, N1/2SW1/4 Sec 11; NW1/4, N1/2SW1/4 Sec 12-T31N-R27W of the 6th PM Cherry County, Nebraska. School Lands Lease: School Lands Lease #108097-16, Sec 36-T32N-R27W - 640 acres, lease $9,463. Acres: 3,761 taxed acres Taxes: 2011 Real Estate Taxes Due in 2012 - $14,609. Improvements: Two building sites: Hired Help house (1,270 sqft), several outbuildings, barn & corrals; Manager house (1,440 sqft, 5 bedroom, 1 bath), with 2 steel buildings, very good corrals, calving sheds, outbuildings. Submersible well & pressure system at each site. Main site: slant-wall steel frame building, 1500 sqft with full concrete floor; Poleshed utility building, 2,160 sqft, dirt floor; arched quonset, 1,200 sqft, full concrete floor. Windmill at corrals supplies a cistern for gravity pressure to corral hydrants. Semicircle, squeeze chute, and loading alley sell with the ranch. Comments: Excellent access on county gravel road. 900 acres excellent sub-irrigated meadow along headwaters of Evergreen Creek, additional upland meadow acres; 2,861 acres gently rolling Sandhills rangeland in 11 main pastures, with many smaller traps. Mainly 4 barbed wire fence in mostly good condition; good windmill water sites throughout (18 mills, 1 flowing well). All baled hay passes to the Purchaser.
Bidding
All maps provided by Agri Affiliates, Inc. are approximations only, to be used as a general guideline, and not intended as survey accurate.
County Road Buildings School Section Main Buildings All maps provided by Agri Affiliates, Inc. are approximations only, to be used as a general guideline, and not intended as survey accurate. Symbol Key Windmill Interior Fence Flowing Well
Parcel 2 Legal Description: SW1/4 Sec 25; All Sec 26; SE1/4, NE1/4SW1/4 south of irrigation canal Sec 34; All except canal Sec 35-T32N-R28W; and W1/2, W1/2E1/2, E1/2NE1/4 Sec 2; E1/2NE1/4 Sec 3-T31N-R28W of the 6th PM, Cherry County, Nebraska. Acres: 2,232 taxed acres Taxes: 2011 Real Estate Taxes Due in 2012 - $6,941. Comments: Access 1/2 mile west of US#83 across the neighbor, with alternate vehicle access along the Ainsworth Canal which bisects the rangeland, flowing west to east. Rolling to rough Sandhills rangeland in 5 pastures. Mainly 4 wire fence with good livestock water (7 windmills - southwest mill is out of service). Small pockets of surface water provide sub-irrigated rangeland and many water sites. Bidding
Hwy 83 Ainsworth Canal Symbol Key Windmill Interior Fence
Parcel 1 Parcel 2
Total Ranch Acres: 5,993 tax assessed, deeded acres; 640 acres School Lands Lease Bidding
Thank you for your interest in the ORMESHER RANCH We appreciate your business. P.O. Box 1166 North Platte, NE 69103-1166 (308) 534-9240 www.agriaffiliates.com