Hastings, NE 68901(Adams County)

Farm Location: From the intersection of Hwy 6 & Showboat Blvd (on the southeast side of Hastings) go 2 miles south to Idlewilde Rd then miles west.

Equipment: Amarillo 100 hp gearhead 6:5 ratio, Eco Drip subsurface system installed in 2016 w/ 12 zones set at 786 gpm and 40 tape spacing. 4 zones can be watered concurrently. (The power unit, fuel tank, and fertilizer pump are owned by the tenant and not included in the transaction)

*The value of the equipment on the purchase agreement NOT in addition to price bid at Auction will be $30,000*

Description: This farm consists of 155.1 cropland acres all certified irrigated with nearly level Hastings and Crete silt loam soils.

Taxes: $8,863.26 (2021)

Tract #2

Legal Description: West Half, Southwest Quarter (W , SW ) except 41.25 strip over south part and except Gangwish Subdivision No. 3 AND S200 West Half NW (W , NW ) Tax Lot 3 in Section Five (5), Township Seven North (T7N), Range Ten West (R10W) of the 6th P.M. Adams County, Nebraska 82.48 acres +/-

Farm Location: From the intersection of Marian Rd & 12th Street in Hastings (Airport) go 3 miles west to Osage Ave.

Equipment: 2004 T-L 7 tower center pivot nozzled at 700 gpm at 45 psi at the time of installation, Amarillo 80 hp gearhead 11:10 ratio and natural gas service

*The value of the equipment on the purchase agreement NOT in addition to price bid at Auction will be $40,000*

Description: This farm consists of 81.09 acres of cropland including 68.19 certified irrigated acres. The terrain is nearly level with Hastings, Butler and Holder silt loam soils.

Taxes: $4,456.56 (2021)

Tract #3

Legal Description: Southwest Quarter, Southwest Quarter (SW , SW ) in Section One (1), Township Seven North (T7N), Range Twelve West (R12W) of the 6th P.M. Adams County, Nebraska 41 acres +/-

Farm Location: From the intersection of Hwy 6 & Kenesaw 1A Spur (Smith Ave) go 2 miles north to 12th Street (or 1 mile south of Kenesaw) then 1 miles east to Wanda Ave.

Equipment: T-L 5 tower center pivot, US motors 40 hp electric well, 7.5 hp electric wheel service. The well was set at 425 gpm at 50 psi at the time of installation in 2004.

*The value of the equipment on the purchase agreement NOT in addition to price bid at Auction will be $20,000*

Description: This farm consists of 37.97 acres of cropland all certified irrigated with gently rolling Holder and Hord silt loam soils.

Taxes: $2,612.54 (2021)

Tract #4

Legal Description: West Half, Southwest Quarter (W , SW ) in Section Twenty-one (21), Township Eight North (T8N), Range Twelve West (R12W) of the 6th P.M. Adams County, Nebraska 76.87 acres +/-

Farm Location: 1 mile north of Kenesaw to Lochland Rd then 1 miles west to Winchester Ave.

Equipment: Amarillo 60 hp gearhead 1:1 ratio w/ natural gas service. Eco Drip subsurface irrigation system installed in 2015 w/ 8 zones set a 550 gpm and 40 tape spacing. 4 zones can be watered concurrently. (The power unit, drive shaft, fertilizer tank, and fertilizer pump are owned by the tenant and not included in the transaction)

*The value of the equipment on the purchase agreement NOT in addition to price bid at Auction will be $15,000*

Description: This farm consists of 78.6 acres of cropland all certified irrigated. The terrain is nearly level with Kenesaw silt loam soils.

Taxes: $5,029.72 (2021)

Tract #5

Legal Description: Southwest Quarter (SW ) in Section Thirty-one (31), Township Nine North (T9N), Range Eleven West (R11W) of the 6th P.M. Hall County, Nebraska 160.84 acres +/- (The multiplier for price will be 146.88. There are acres on the west side of the property across an existing fence line not being used by the owner)

Farm Location: From Prosser 1 mile north on Prosser Ave to Barrows Rd then 1 miles west. (Prosser is located about 7 miles south of the I80- Wood River Exit #300)

Equipment: 2016 T-L 9 tower center pivot nozzled at 850 gpm at 52 psi at the time of installation, Amarillo 100 hp gearhead 1:1 ratio. (The power unit and propane tanks are owned by the tenant and not included in the transaction)

*The value of the equipment on the purchase agreement NOT in addition to price bid at Auction will be $65,000*

Description: This farm has 146.88 acres of cropland including 126.5 certified irrigated acres. The terrain is rolling with Valentine, Gates and Simeon soils.

Taxes: $7,643.30 (2021)

Auction Terms

Terms: A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due on or before March 1, 2022, by cash, certified funds, or a direct wire transfer to the closing agent. The 2021 and all prior taxes will be paid by the sellers. The buyer will be responsible for all subsequent taxes. Title insurance will be split equally between the buyer and the seller. The sellers will convey fee simple title subject to any existing highways, easements, reservations, or encumbrances of record on file with the Adams or Hall County Register of Deeds. All equipment and improvements sell in as is condition.

Possession: Full possession for the 2022 crop year will be granted. Landlords possession will be granted at closing subject to the lease expiring February 28, 2022.

Auction Method: These properties will be offered separately and NOT in combination. Bidding increments are at the discretion of the auctioneer. Any absentee bids or bidding on behalf of another person or entity must be approved by Ruhter Auction & Realty, Inc and the seller.

Announcements: All inspections required by the purchaser will need to be made prior to the auction date. This sale is not contingent upon financing and while the information presented in marketing materials and on auction day were obtained from sources deemed reliable neither Ruhter Auction & Realty, Inc. or the seller makes any guarantees or warranties as to the accuracy. This property sells AS IS WHERE IS with no warranties either expressed or implied. Interested parties should conduct their own due diligence. Any announcements made Auction Day by Ruhter Auction & Realty, Inc. will take precedence over any previous oral statement, printed materials, or any other communication. Final bids are subject to seller confirmation/ acceptance.

Acres & Mapping: The maps used in promotional materials and at the auction may not be to scale and are meant for illustrative purposes only. The acres represented on these properties are simply used as a multiplier for total sales price. A survey has not been completed; however, we have used the best sources available to us in determining the correct acreage, but they are not guaranteed.

Sellers: Schnase Farms LLC

Ruhter Auction & Realty, Inc. is acting as an agent for the seller.