Auction Date:
November 04, 2021 at 1:00 pm MSTAuction Location:
Lariat Auditorium | SW Corner of Hwy. 2 & Hwy. 97; Mullen, NebraskaDescription:
Location:
Southwest of Seneca, Nebraska in Hooker County.
Legal Description:
Parcel 1: All Section 1 & 2-T23N-R31W of the 6th P.M., Hooker County, NE
Parcel 2: All Section 10; SW1/4NW1/4, NW1/4SW1/4 Section 11; and NW1/4, N1/2SW1/4, NW1/4NE1/4 Section 15 all in T-23N-R31W of the 6th P.M., Hooker County, Nebraska
Terms:
PROCEDURES: Real Estate Auction with Reserve for ILW Vallentine Assoc.. The property will be offered in 2 parcels and in combination. The Purchase Agreement and Title Insurance Commitment are available from Agri Affiliates prior to the auction.
TERMS & CONDITIONS: This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the Auction. The balance of the purchase price is payable in certified funds at Closing, on or before December 2, 2021. There is no contingency for financing. Sellers to convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of Title Insurance and an Insured Closing by the Title Company will be 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 the adequacy of any portion of the property. Auction conducted as a Seller Reserve Auction.
Possession:
Full possession at Closing, subject to existing tenant lease ending no later than Jan. 15, 2022.Acreages:
No warranty is expressed or implied as to exact acres included in the parcel. Legal description is subject to existing fence and field boundaries.
Seller:
ILW Vallentine Assoc.Minerals:
All owned oil, gas, and mineral rights pass to Buyer.
Internet Online Bidding:
Bidding online will be offered to buyers. To qualify as an online bidder you must first complete a required phone interview with Agri Affiliates and provide bank reference information if requested. Buyer will set up bidder account, user name and password in the online bidder platform. Your final approval as an online bidder must be completed 48 hours prior to the Auction.
Parcel 1:
LEGAL DESCRIPTION: All Section 1 & 2-T23N-R31W of the 6th P.M., Hooker County, NE
TAXES & ACRES: 1,145.86 Tax Assessed Acres - 2020 Real Estate Taxes due in 2021: $4,252.62
WATER: Pipeline water coming from Parcel 2 supplying water to 4 tanks, 3 windmills
COMMENTS: Excellent sandhill range cross-fenced into 3 pastures. West pasture has 2 water sites. Middle pasture has 1 water site, serviced by both a windmill & pipeline water. East pasture has 2 water sites.
Parcel 2:
LEGAL DESCRIPTION: All Section 10; SW1/4NW1/4, NW1/4SW1/4 Section 11; and NW1/4, N1/2SW1/4, NW1/4NE1/4 Section 15 all in T-23N-R31W of the 6th P.M., Hooker County, Nebraska
TAXES & ACRES: 1,000 Tax Assessed Acres - 2020 Real Estate Taxes due in 2021: $3,830.72
WATER: Pipeline water supplying water to 5 tanks, 1 windmill
COMMENTS: Excellent range with a modest set of improvements and older house. 2 mature shelterbelts. Excellent access off county road. If sold as two parcels an access easement crossing Parcel #2 for the benefit of Parcel #1 will be reserved.
Combination:
LEGAL DESCRIPTION: All Section 1, 2, 10; SW1/4NW1/4, NW1/4SW1/4 Section 11; and NW1/4, N1/2SW1/4, NW1/4NE1/4 Section 15 all in T-23N-R31W of the 6th P.M., Hooker County, Nebraska
TAXES & ACRES: 2,145 Tax Assessed Acres - 2020 Real Estate Taxes due in 2021: $8,083.34
WATER: Pipeline water supplying water to 9 tanks, 4 windmills
Comments:
Excellent sandhills pasture with pipeline water sites in all pastures. Three mature tree windbreaks provides great winter storm protection.