Absolute Land Auction | Lehmkuhler Pivot | Well attended and successful auction!

TERMS: 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 January 2, 2023. 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 an Absolute Auction.

MINERALS: Any owned oil, gas, and mineral rights pass to Buyer. Amount of minerals owned is unknown.

USDA-FSA: 112.6 acres of Corn base with 183 PLC Yield. Historic Base Acres pass to the Buyer, subject to County FSA Committee approval.

NRD: The property is located in and subject to rules and regulations of the Lower Loup NRD.

INTERNET BIDDING: Buyer can follow the links on Agri Affiliates website. Buyers will set up bidder account, user name and password to participate in the online auction.
For final approval as an online bidder you must complete a required phone interview with Agri Affiliates and provide bank reference information if requested. Your final approval as a bidder must be completed 48 hours prior to the Auction.

Reported acreages were obtained from the County USDA‑FSA office, and County Assessor. The farm sells without regard to acres. No warranty is expressed or implied as to exact acres. The legal descriptions are subject to existing fence/field boundaries.

139.75 Cropland Acres

140.75 CIA’s Lower Loup NRD

Good soils including: 25% Class I, 41% Class II, 18% Class III, 16% Class IV soils.

2003 7 Tower Reinke Pivot with low pressure drop nozzles, 75 HP US Electric Motor, Western Land Roller pump

Outstanding opportunity to purchase pivot irrigated cropland with excellent terrain and easement access off of blacktop road. Reinke pivot system and electric irrigation well. The property sells with 140.75 Certified Irrigated Acres in the Lower Loup NRD. The buyer will be assigned the School Land Lease of the NE quarter 16-17-25 which includes and additional 40.16 Certified Irrigated Acres. There is existing underground pipe to gravity irrigated field south of pivot and on school lands.