Lemon Estate Auction | Agri Affiliates

Auction Date: January 24, 2019 at 1:00 pm CST

Auction Location: American Legion Hall - 1000 School Street, Wilber Nebraska

Notice: AUCTION

Description: SOLD - $810,000.00 Check out our Video!! Productive cropland soils with some pasture areas that could be developed to cropland. Nearly new terraces with red standpipe terrace drains. Pasture is bisected by Prairie Creek. It includes a pond in the southwest corner and a submersible well in the northeast area. Lemon Farm includes excellent wildlife habitat and hunting opportunities.

Location:

1/4 mile north of NE#41 on SW 128 Road, 2 miles west of Clatonia or 3 miles east of Wilber.

Terms:

This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. Balance of the purchase price payable in certified funds at Closing on March 22, 2019. There is no contingency for financing. Seller to 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 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.

Legal Description:

NW1/4, N1/2SW1/4 Section 20-T6N-R5E of the 6th PM, Gage County, Nebraska

Acres: 240

Possession: Full possession at closing; no growing crops.

Taxes: $11,035

Acreages:

Reported acreages were obtained from the County USDA-FSA office and the County Assessor. 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: Margie Lemon Estate

Auction Snow Date:

January 29, 2019

Land Use Acres:

151 Acres - Non-Irrigated Cropland
89 Acres - Pasture

FSA Base Acres:

Corn 75.7 acres @ 108 bu. PLC
Soybeans 75.7 acres @33 bu. PLC

NRD:

The property is located in and subject to rules and regulations of the Lower Big Blue Natural Resources District

Minerals:

All owned oil, gas, and mineral rights pass to Buyer

Comments:

Real estate Auction with Seller Reserve for the Margie Lemon Estate. The Purchase Agreement and Title Insurance Commitment are available from Agri Affiliates prior to the auction. Lemon Farm is located 1/4 mile north of NE#41 on SW 128 Road, 2 miles west of Clatonia or 3 miles east of Wilber.