SCHALL ABSOLUTE LAND AUCTION – January 20, 2022 1:00 PM MST – Very Successful AUCTION!

Approximately 3-1/2 miles east of Venango, NE on Hwy 23 to the access, Road 756 at the north boundary.

PROCEDURES
Real Estate Absolute Auction without Reserve for Gary Schall & Jamie Wallman. The Purchase Agreement and Title Insurance Commitment are available from Agri Affiliates prior to the auction.

TERMS & CONDITIONS
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 February 25, 2022. 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 a Absolute Auction.
Internet Online Bidding - Bidding online will be offered to buyers. To qualify as an online bidder you must first complete a required phone interview with Agri Affiliates and provide bank reference information if requested. Buyer will set up bidder account, user name and password in the online bidder platform. Your final approval as an online bidder must be completed 48 hours prior to the Auction.

NW1/4; surveyed tr. in NE1/4 all in Sec. 2-T9N-R41W of the 6th P.M., Perkins County, NE

No warranty is expressed or implied as to exact acres included in the parcel. Legal description is subject to existing fence and field boundaries.

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

Historic base acres pass to the Buyer, subject to County FSA committee approval.
257.50 FSA Cropland acres with 204.38 acres corn base @ 135 bu/ac PLC yield; 10.62 acres wheat base @ 43 bu/ac. PLC yield.

The property is located in and subject to the rules of the Upper Republican Natural Resources District.

NE Well Reg #G-052876 drilled to 300’. 259.2 certified irrigated acres in the Upper Republican NRD. Remaining allocation is 26.45”; Carry forward is 193.74”.

7-tower Valley & 7-tower Electrogator pivots; pivots each nozzled for 850 GPM, pivots run one at a time. 150HP GE motor (rebuilt in 2006), Sargent pump, column & bowls, and all other irrigation equipment attached to the real estate.

Cropland soils consist primarily of Class I Kuma silt loam, Class II Mace silt loam all at 0-3% slopes

Excellent pivot irrigated cropland with nearly level terrain located near local grain markets. Good county road access just off of Hwy 23.