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Friday, October 24, 2008 · 1 p.m.
AUCTION LOCATION: Genoa
Lions Club, Downtown Genoa,
Nebraska
LAND LOCATION:
From the junction of Hwy.
22 and the Lindsay Hwy: approximately 5 miles
north to the corner of 445th Ave. and 310th St.
From Lindsay, NE:
11 miles south on the Lindsay Hwy. to 310th St.,
land on the west. 80 ACRES
GENERAL INFORMATION: This is a good producing farm consisting of 73 dryland acres, the remainder is trees and grass. Gently sloping in the north, nearly level in the south with a small bend of the looking glass creek touching the west. Make plans now to make this 80 part of your operation on Oct. 24th. LEGAL DESCRIPTION: The East 1/2 of the SE1/4 of Section 7 Township 18 North, Range 3 West of the 6th PM Platte County, Nebraska. SOILS: Alcester Silt Loam, Hobbs Silt Loam, Shell Silt Loam. Nora-Crofton FSA INFORMATION: 73 cropland acres, 40.9 corn base acres, 32.1 soybean base acres. TAX INFORMATION: Taxed as 80 acres. The 2007 taxes were $1771.84. TERMS AND CONDITIONS OF SALE: Cash with a 15% earnest deposit the day of the auction and the balance on or before December 20, 2008 the date of final closing. At closing the buyer will receive landlord possession with full possession to the buyer March 1, 2009 following expiration of the current lease. Seller will retain all of the 2008 lease income. Cost of title insurance and closing escrow agent will be divided equally between buyer and seller. Any base acres to which the property is entitled will pass to the buyer. Fowlkes Realty & Auction are acting as sellers’ agents. Buyers are reminded this is a cash sale. Any needed financing must be arranged by purchaser prior to bidding, no bids will be accepted that are subject to financing. The seller will be paying all of the 2008 taxes and the buyer will be paying all the 2009 taxes. |
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The family of the late HELGA NELSON, SELLERS |
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