Auction Date:
November 29, 2022 at 10:00 amAuction Location:
OnlineDescription:
Location:
Cheyenne County. Southeast of Sidney and Southwest of Sunol, Nebraska.
Legal Description:
All Section 21-T13N-R48W of the 6th P.M.
Terms:
TERMS: This cash sale requires a 15% earnest deposit to be wire transferred or hand delivered to Agri Affiliates within 24 hours of signing the digital Purchase Agreement immediately following the Auction. The balance of the purchase price is payable in certified funds at Closing, on or before December 14, 2022 There is no contingency for financing. Sellers to convey title by Personal Representative’s 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: 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 South Platte 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.
Acres:
634Possession:
Full possession at Closing, subject to existing Farm Lease ending March 1, 2023, with right to harvest the 2023 wheat crop. Buyer to receive the landlord’s 1/3 share in the 2023 wheat crop.Taxes:
2021 Taxes due in 2022: $4,381.74 | Seller to pay 2022 real estate taxes. Buyer to pay 2023 real estate taxes and all subsequent years taxes.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.
Seller:
Wallace Namuth EstateFSA ACRES:
617.07 DCP Cropland; Wheat base: 342.1 acres at 34 bushels/acre
SOILS:
75% Class II and 24.4% Class III & IV soils.
Comments:
Excellent soils on this dryland farm near Sidney, NE., with County road access on the West and South boundaries. Old improvement site on the North boundary.