2 miles north of Gurley, Nebraska on Hwy. 385 and 3 miles east on Cty. Rd. 50
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 20th, 2022. There is no contingency for financing and purchase agreement is immediately binding. 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 $265,000 Seller Reserve Auction.
Procedures - Online bidding will begin December 14, 2021, at 8:00 AM, MST Participants will be able to view the action closing December 16, 2021 from 11:00 AM to 1:00 PM at the Hampton Inn, Sidney NE. The auction will start the closing process on December 16, 2021, at 1:00 PM, MST. The auction will have a “soft closing”. Soft Closing Definition: Starting 5 minutes prior to 1:00 PM, when a bid is placed the auction will be extended for an additional 5 minutes. This will continue until 5 minutes has passed with no new bids, at this time the auction will be closed. This is a Seller Reserve Auction (with $265,000.00 Seller Reserve). Bidding increments are solely at the discretion of the Auction Company. The Purchase Agreement and Title Insurance Commitment are available prior to the auction by contacting Agri Affiliates.
N1/2 Section 23-T16N-R49W of the 6th P.M., Cheyenne County, Nebraska
No warranty is expressed or implied as to exact acres included in the parcels. Legal description are subject to existing fence and field boundaries.
277.84 Dryland; 112.4 ac. wheat base with 41 bu./ac. PLC yield; 40.28 ac. grass
Dryland is 77.4% Class II Duroc, Alliance, Keith & Kuma Loams; 16.6% Class III Altvan and Alliance Loams and Jayem Fine Sandy loam
This is a great tract of farm ground with excellent Class II & III soils and good county road access on both the north and west sides of the property. It was farmed 1/2 to wheat and 1/2 to corn this year. The wheat stubble has been sprayed and will be available for planting a spring crop. The property includes a 93 bu./ac. APH on corn.