UNKNOWN , Arapahoe, NE 68922(Furnas County)

TRACT 1: 200 A consists of 125.5 FSA A(+/-) Dry Cropland & 75.44 A(+/-) Pasture with serviceable fences & an elec. well w/an auto waterer. The Cropland has approx. 51 A(+/-) of Wheat Stubble & 48 A(+/-) of Summer Fallow. There is an old bldg site w/a steel bin, sm barn & trees included. This property has desirable productive soils with Co Rd 719 access on the N & Co Rd 425 on the W sides. Located approx. 3 1/2 mi S & 1 1/2 mi E of Arapahoe. TRACT 2: 156 A(+/-) consists of 95.7 FSA A(+/-) Dry Cropland & approx. 57 A(+/-) of Pasture w/serviceable fences & a pond. The Cropland is currently planted to Corn. The house & bldgs are not included. This property has desirable productive soils with Co Rd 718 access on the N & Co Rd 420 on the W sides. Located approx. 8 1/2 mi SW of Arapahoe METHOD OF AUCTION: These Tracts will Sell as Two Individual Tracts. SUBJECT TO: Existing fences, boundaries, covenants, easements, leases, oil and gas leases, if any, and roads as the same may appear of record. All acre amounts are Estimates Only. TERMS: The purchaser shall make a 20% earnest deposit the day of the auction. The balance due at Closing on Sept. 13, 2012. Upon Closing on Tract 1, Buyer shall reimburse Tenant for chemical & application expense for Stubble & Fallow acres & receive Possession of those acres. Buyer shall receive Landlord's Possession with Full Possession Jan. 1, 2013 on currently planted Crop & Pasture acres on Tract 1. Upon Closing on Tract 2, Buyer shall receive Landlord's Possession with Full Possession Jan. 1, 2013. 2012 and prior years real estate taxes paid by Seller. The cost of Title Insurance / Escrow Fee shall be divided equally among the Buyer and Seller. All of the property sells in "as is" condition, no warranties. Announcements made at the Auction take precedence over any advertising. Prospective buyers should inspect the property and draw their own conclusions. Heartland Partners Realty & Auctioneers are agents representing the sellers.