Elm Creek, NE 68836(Buffalo County)

About: This property is situated approximately 8 miles north and 2 miles west of Elm Creek. This land is a combination of productive pivot irrigated and dry crop land. According to the assessor, the property comprises of 256.13 irrigated acres, 46.57 acres of dry crop land and 2.55 acre of grass. This tract is watered by two center pivots. The farm is best accessible from HWY 183 using Road 190th heading west to a T intersection, then mile to the south on Road 449. Other access to the farm is through minimum maintenance roads.

The property exhibits a range of soil types, including Coly silt loam, Holdrege silt loam and some Hobbs silt loam. Overall a productive mix for row crop production. The land has rolling terrain with center pivot irrigation.

Irrigation: The wells are located near the pivot points with underground pipe feeding the center pivots. The north pivot is 9 towers and the south pivot is 8 towers. Both pivots are owned by the tenant. The land is located in the Central Platte NRD and has 256.13 acres of certified irrigation rights.

Irrigation Equipment Included:

North Pivot includes Case IH 6591 Diesel Power Unit, (1) 2,000 Gallon Fuel Tank, Sargent Pump.

Generator is owned by the tenant and not included.

South Pivot -Cummins Diesel 6 Cylinder Power Unit, (1) 1,000 Gallon Fuel Tank, Sargent Pump.

Generator is owned by the tenant and not included.

North Well Information: G-070047, 8 Column, 800GPM, Pump Depth 200FT, Total Depth 304FT, Static Level 130FT, Drilled 12/7/1984

South Well Information: G-081744, 8 Column, 750GPM, Pump Depth 240FT, Total Depth 360FT, Static 162FT, Pump Level 205FT, Drilled 1/1/1994

FSA Information: Crop Land 294.59 Acres, Enrolled PLC, Corn Base 273.10 Acres with 192 bushel yield

2022 Taxes: $14,097.18

Tract 2: Presenting an exceptional 160 Acre +/- pivot irrigated farm located 2 miles northwest of Miller, Nebraska.

Legal Description: Southwest of Section 5, Township 11 North, Range 18 West of the 6th PM, Buffalo County, Nebraska

About: This land is a productive pivot irrigated farm with dry land corners. According to the assessor, the property comprises 127.4 irrigated acres, 30 acres of dry crop land, and .6 acre of grass. This land is best accessible traveling 1 mile west of Miller on HWY 40, then turning north on Arrow Road and traveling 1 mile north.

The property exhibits a range of soil types, including Coly silt loam, Holdrege silt loam and some Hobbs silt loam. Overall a productive mix for row crop production. The land has gently rolling terrain with center pivot irrigation. The well is located near the pivot point with underground pipe feeding the center pivot. The pivot is an 8 tower pivot and is owned by the tenant.

Irrigation: The pivot is an 8 tower pivot and is owned by the tenant. The land is located in the Central Platte NRD and has 127.41 acres of certified irrigation rights. The farm has an electric 6 well with 60HP Motor.

Well Information: G-004185, 6 Column, 900GPM, Pump Water Level 70FT, Total Depth 132FT, Static Level 45FT, Drilled 11/20/1954

FSA Information: Crop Land 147.23, Enrolled in PLC, Corn Base Acres 136.50 Acres with 192 bushel yield,

2022 Taxes: $8,826.26

Terms

Method of Sale: The property sells at Absolute Live Auction. Online bidding will be offered to bidders who meet the qualifications. The property will be offered as individual tracts.

Payment: The winning bidder(s) will be required to make $200,000 non-refundable deposit on Tract 1 and $100,000 non-refundable deposit on Tract 2 the day of auction with the signing of an Adam Marshall Land & Auction, LLC purchase agreement. Wire transfer, certified or personal check accepted. The balance will be due at closing.

Closing: Closing to be on January 23rd, 2024 or sooner.

Possession: Full possession of the property will be given upon closing, subject to the current tenants lease. The buyer will receive full possession of the farmland March 1st, 2024.

Financing: This sale is NOT contingent upon buyers financing. Prospective buyers should make their financial arrangements prior to the auction.

Condition: This property is selling in AS-IS condition. There are no warranties expressed or implied to the condition of the property

Taxes: The 2023 and previous years real estate paid by the Seller. The 2024 and subsequent years will be the responsibility of the buyer.

Rents: All rents for 2023 will retained by the seller.

Title: Seller to convey title by warranty deed. Merchantable title will be made available. The cost of title insurance and escrow closing fees to be divided equally between the buyer and seller.

Agency: All representatives of Adam Marshall Land & Auction are acting as agents of the seller.

Online Registration: Bidders must sign a bidder terms agreement and submit to the auction company before being approved to bid.

All information is deemed reliable, but is not guaranteed. We urge the buyer to inspect and rely upon their own conclusions. Announcements the day of the auction will take precedence over information provided herein.