Selling at absolute auction will be 282.14 acres of grass & improvements, 27.53 acres CRP, and 86.73 acres dryland. Improvements include a charming 3-bedroom, 2-bath home, barn, quonset and nice grain bin. The ranch is located on Rd. 7 in northern Sherman County, just south of the Cheyenne Co. line. Would make a great start-up ranch or an opportunity to add to you current acreage!
Tract #1
W/2NW/4 Section 6, 6-41
80± Total Acres
(76.73± Acres Dryland; 2.82± Acres CRP)
Bases: Wheat 51.1 ac. - 35 bu. yield
Sunflowers 12.3 ac. - 826 lbs. yield
No planted acres
2009 Taxes: $113.91
Tract #2
S/2 Section 6, 6-41
320± Total Acres
(273.53± Acres Grass; 24.53± Acres CRP)
(10± Acres Dryland; 8.61± Acres Improvements)
Bases: Wheat 6.7 ac. - 35 bu. yield
Sunflowers 1.6 ac. - 826 lbs. yield
No planted acres
2009 Taxes: $556.27
Land will sell in 2 individual tracts or in a combination of tracts...
Land will sell in 2 individual tracts or in a combination of tracts!
TERMS AND CONDITIONS:
MANNER OF SALE
Real estate will be offered in two individual tracts and in combinations of tracts. It will be sold in the manner which produceds the highest aggregate bid. The auction company will determine the procedure and increments of bidding.
TERMS
15% down day of sale with the balance due at closing, on or before May 7, 2010. Personal and corporate checks are acceptable for the down payment with the final payment in certified funds. Purchase is not contingent upon financing, appraisal or inspections. Financing, if necessary, must be approved prior to the auction. Each successful bidder will be required to enter into a Purchase Contract with no contingencies immediately following the auction.
EVIDENCE OF TITLE
Title insurance, in the amount of the purchase price, will be paid 1/2 by Seller and 1/2 by Buyer. Title insurance policy commitments will be provided on sale day.
INSPECTIONS
There is no inspection period in the contract, therefore, each potential bidder is responsible for conducting his own independent inspections and due diligence concerning pertinent facts about the property prior to sale. All information is deemed to be from reliable sources. Neither the Seller nor Shay Realty, Inc. are making any warranties about the property, either expressed or implied. To schedule inspections of land or home, contact Shay Realty, Inc.
TAXES
All taxes are considered approximate. Seller will pay the 2009 and prior years’ taxes with the taxes for 2010 and subsequent years to be the responsibility of the Buyer.
FSA PAYMENTS & CRP PAYMENTS
All of the 2010 and future FSA payments shall go to Buyer. The buyer shall receive 1/3 of the 2010 and future years CRP payments.
MINERAL RIGHTS
Seller is reserving one-half of the mineral rights, owned by Seller, for a period of 5 years.
EASEMENTS
Sale is subject to all rights-of-way and easements, whether recorded or not, and subject to any oil and gas leases of record.
ACREAGES & SURVEY
All acreages are considered to be approximate and tracts will be sold by acres advertised. The acreage figures are from reliable sources. All FSA information is subject to change. The FSA acres may not be the same as deeded acres. Bidders should satisfy themselves as to individual tract boundaries. Neither the Seller nor Shay Realty, Inc. is making any warranties as to the exact location of tract boundaries. Any surveys, if desired, shall be the responsibility of the Buyer(s).
POSSESSION & CROPS
There are no growing crops. Buyer to receive possession of dryland at closing.
AGENCY
The Listing Broker with Shay Realty, Inc. is the Seller’s Agent. No compensation for other agents available for this transaction. Announcements made at the auction take precedence over any printed material or prior representations.
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