Auction Information
548 Acres in Trenton, NE
The Farm is located in T1N-R33W, Hitchcock County, Nebraska
Parcel 1: SE1/4 and part S1/2NE1/4 Sec 20, plus NE1/4 Sec 29 except a tract of building improvements; reserving an access easement across that tract; subject to an access easement in favor of that tract on the existing road from the highway. Adjoins NE#25, with North Fork of Driftwood Creek on the north boundary. 305 tax assessed acres; 2012 estimated real estate taxes $2,650. FSA 196 cropland acres, mostly Class II & III Keith silt loam soils; 109 acres rangeland, mostly Sulco silt loam. Electric fence on rangeland reserved to the Tenant. Livestock water provided by well on reserved building site. Old, unused livestock well in far northeast corner.
Parcel 2: SE1/4 Sec 30, plus N1/2NE1/4 Sec 31. From the Kansas state line on NE#25, 1 mile west and 1 north on oilfield road. 243 tax assessed acres; 2012 real estate taxes $2,38...
Parcel 2: SE1/4 Sec 30, plus N1/2NE1/4 Sec 31. From the Kansas state line on NE#25, 1 mile west and 1 north on oilfield road. 243 tax assessed acres; 2012 real estate taxes $2,387. FSA 193.5 cropland acres, nearly 100% excellent Class II Keith silt loam; 49.5 acres unfenced rangeland, without livestock water.
Unit A: Parcels 1 & 2 combined as above.
Procedures
Trenton Farm includes 2 parcels of primarily cropland, some rangeland. Located 2 miles west, 7 south of Trenton, Parcel 1 adjoins NE#25 two miles north of the Kansas border. The Purchase Agreement, and the Title Insurance Commitment are available for your review from either Broker.
Terms & Conditions
Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. Balance of the purchase price is payable in certified funds at Closing on August 8, 2013. No contingency for financing. Seller will convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of the Title Insurance and an Insured Closing by the Title Company shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; Free and clear of all liens. The property sells in as-is condition; No warranty is expressed or implied as to adequacy of any portion of the property for any use.
Possession - At Closing, subject to existing Cash Lease through 2014.
Taxes - 2012 real estate taxes paid by Seller; 2013 by Buyer.
Minerals - One-half Owned Oil, Gas, and Minerals pass to Buyer.
Acreages - Reported acreages were obtained from the County USDA-FSA office, and County Assessor. The Parcels sell without regard to acres. No warranty is expressed or implied as to exact acres. The legal descriptions are subject to existing fence/field boundaries.
USDA-FSA - Historic Base Acres pass to Buyer by cropland ratio, subject to County FSA Committee final approval.
MRNRD - The property is located in and subject to rules and regulations of the Middle Republican NRD.
Sellers : Leona M Hedke Estate, Delores Nowak Estate
Listing Agents :
Mike Polk 308/539-4446 Agri Affiliates
Johnny Walker 308/340-7173 Gateway Realty
308/345-5520 Gateway Realty
308/534-9240 Agri Affiliates
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