Auction Information
620 Acres in Kimball, NE
TRACT Three : 620 ACRES FarmLand & Grass
Combination Wheat Land and Pasture. Strip farmed by conventional methods and well cared for. This pasture also has a domestic well and the native hard grass. Mostly 3/4 mile and 1/2 mile fields.
619.3 Taxed Acres
444 Acres Farmland.
221 Acres Seeded for 2013 Harvest
223 Acres Stubble Land
173 Acres Grass.
LEGAL DESCRIPTION: All of Section 10, Twp. 15 N, Range 55, West of the 6th P.M., Kimball County, Nebraska.
2011 REAL ESTATE TAXES: $2,092.18 (2011) on 619.392 taxed acres.
Farm Service Agency: The farm is signed up in the current farm program with approximately 444 Acres Crop Land with 214.4 acres Wheat Base and 39.2 acres Barley Base.
Possession: The Buyer will have immediate possession on Closing of the land in stubble as well as the grass. The Buyer will assume a Landlords 1/3 share of the 2013 crop.
CROP INSURANCE: The Landlord has c...
CROP INSURANCE: The Landlord has crop insurance on the growing wheat through Security First Insurance. (It must be assumed by the Buyer)
SALE DAY DEPOSIT: $30,000.00
TERMS: The land is to be sold for Cash. All financial arrangements must be made prior to the Auction. The sale is subject to Seller confirmation; however, it is the Sellers desire to sell to the highest and best bidder. The Sale Day Deposit will be made day of sale upon being the successful bidder which will require signing the Purchase Agreement.
The deposit will be applied to the purchase price with the balance due at closing on or before December 18, 2012.
TITLE: The Sellers will convey property by Trustees Deed supported by Title Insurance, showing good and merchantable title at a cost of one-half to Seller and one-half to Buyer.
TAXES: Seller agrees to pay customary closing costs and taxes to December 31, 2012.
MINERALS: The Sellers are reserving a One-Half Non-Participating Royalty Interest in Oils, Gases and Minerals for 20 years from date of Deed.
POSSESSION: Buyer will have full possession on closing only subject to the Tenants rights on the land seeded to wheat and building possession on or before March 1, 2013.
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LOCATED: 4miles North of Kimball, Nebraska on Hwy. 71. to Rd 42 then 2 miles east (the northwest corner)