Auction Information
73.22 Acres in Douglas, NE
LEGAL DESCRIPTION: The S 1/2 NE1/4 (Less Highway ROW 7 Less 5 acre tract) of
Section 27, Township 8 North, Range 9 East of the 6th PM, Otoe County, Nebraska containing 73.22 deeded acres
LOCATION & GENERAL DESCRIPTION: From Palmyra, Nebraska, proceed 4.5miles
south on Highway 66A, or from Douglas, Nebraska proceed 2.5 miles north on Highway
66A. Property is on the west side of Highway 66A. FSA is showing 73.54 acres in row
crop. Farm is terraced with waterways. Bordered on the east by Highway 66A.
2022 TAXES: $4,386.28 Otoe County Parcel ID #1004120500
DCP CROPLAND = 74.32 acres; Corn Base 35.31 acres, PLC Yield 112 bushel; Soybean
Base 35.31 acres, PLC Yield 37 bushel
METHOD OF SALE: Tract will sell in its entirety by Public Auction with Reserve. Tracts
will not be subdivided.
TAXES: Seller shall pay all 2023 taxes. Taxes for 2024 and beyond shall be the responsibility of the Buyer...
TAXES: Seller shall pay all 2023 taxes. Taxes for 2024 and beyond shall be the responsibility of the Buyer.
TERMS AND CONDITIONS: 10% of total purchase price down the day of the
sale. Buyer shall be required to sign a cash, non-contingent offer to purchase immediately following the sale. The remaining balance due shall be paid with a cashiers
check at closing. The closing shall be on December 28, 2023.
POSSESSION: Full possession shall transfer to Buyer upon closing, December 28,
2023.
SURVEYS AND BOUNDARIES: Seller will not survey the parcel selling. Acres
provided are as of record at the Otoe County Assessors office.
TITLE, EASEMENTS AND MINERAL RIGHTS: Seller shall furnish a Warranty Deed with title insurance policy. The cost of the
Owners title insurance policy and escrow closing fees shall be equally divided between buyer and seller. Any policy endorsements
and/or survey requirements shall be at the Buyers expense. All easements filed of record shall be shown on the Title Commitment.
A copy of the Title Commitment will be available upon request. All mineral rights owned by the Seller shall be conveyed with the
property upon closing.
PROPERTY WILL SELL TO THE HIGHEST BIDDER WITH SELLERS CONFIRMATION
Announcements from the auction block will take precedence over printed material.
Information on printed material, though deemed to be accurate, is not guaranteed.
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