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Cameron Gravity – Dawson County

$300,000
  • Irrigated Cropland

Auction Date: November 02, 2017 at 1:00 pm CST
Auction Location: Holiday Inn Express, Lexington, NE
Notice: SOLD - $300,000
Description: 70.47 acres gravity irrigated cropland located 4 miles east from Lexington on Hwy 30 and then 3/4 mile south on Road 438. Offered at auction on November 2, 2017 at 1 PM CT; Holiday Inn Express, Lexington, Nebraska
Terms:

Procedure - Seller Minimum Reserve of $216,000. Farm will be offered at public
auction subject to a minimum bid of $216,000. When minimum bid is met, property
will then sell to the highest bidder.
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, which will be December 12, 2017. There can
be no contingency for not financing. This will be a cash sale. Sellers will convey
title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of
the Title Insurance and an Insured Closing by the Title Company will be shared
50/50 by Buyer/Seller. 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, irrigation wells or irrigation equipment.
Possession - Full possession at Closing, subject to a 2017 farm lease which
terminates February 28, 2018. Seller to retain all of the 2017 landlord income.
Taxes - 2017 real estate taxes paid by Seller; Buyer will pay 2018 and subsequent
taxes.
Minerals - All Owned Oil, Gas, and Minerals pass to Buyer.
Acreages - 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.
USDA-FSA - 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 Central
Platte NRD.
Internet Bidding - To qualify as a bidder, first complete the required phone
interview with Agri Affiliates, then set up an account, user name, and your
password at www.proxibid.com/agri. Final approval must be completed 48 hours
prior to the auction. Viewing of the auction is also available at www.proxibid.com.
To view, click “Real Estate” and then “Agri Affiliates”; then select the auction you
wish to view.

Legal Description:

W1/2 NW1/4 except a 7.13 acre tract, Section 24-T9N-R21W of the 6th P.M., Dawson County, Nebraska

Possession: At Closing
Acreages:

70.47

Seller: Susan Cameron