Farm Description: Highly productive pivot irrigated farm, with level topography and good soils, comprising of 78.54 FSA cropland acres.

Well Data: Farm is located within the Little Blue NRD. The well was drilled in 1967 with a pump rate of 1000 gallon per minute at that time. Well Registration Number: G-027322.

Irrigation Equipment: No personal property will transfer with the sale of the real estate. The sellers own the following fixtures, which will transfer with the sale: the well, casing, and sleeve. Excluded from the sale is the following: pivot, pump, motor, fuel tank, gearhead, column, bowls, underground pipe connected from the well to the pivot, underground oil lines, and underground electrical control wires. All excluded equipment can be removed by the current tenant at the term of the lease if desired.

Farm Service Agency

FSA Farmland Acres: 79.21

FSA Cropland Acres: 78.54 (65.05 irrigated acres & 13.50 dryland acres)

Corn Base Acres: 77.90 163 PLC Yield

GENERAL INFORMATION

Online Bidding: Live Simulcast Internet Bidding will also be available in addition to the live auction. Register to bid at least 48 hours prior to the live auction. Competitive online bidding starts Thursday, February 20 at 8:00 AM and ends Friday, February 21 at the conclusion of the live auction.

Taxes: The 2024 real estate taxes and all prior years taxes shall be the responsibility of the seller. All future years taxes shall be the responsibility of the Buyer.

Possession: Possession to the farmland shall be given upon closing subject to the current tenants rights through the 2026 growing season.

Lease Details: Annual rent of $23,600, divided into two equal installments of $11,800, due in April and October. Buyer will assume all rights and responsibilities of the current lease. Contact Brad Elting & Co. for full lease.

Terms: A 20% nonrefundable earnest deposit will be required from the successful bidder the day of the auction. The balance shall be due on or before March 21, 2025. Title insurance shall be used, and the cost shall be shared equally between the buyer and the seller, as well as closing of the transaction. The property will not be sold subject to financing. Bidders must have all financial arrangements made prior to the auction. Absolute auction after reserve has been met.

Additional Information: A property information packet showing FSA information, aerial photos, tax data, soil types and other pertinent information are available upon request by contacting Brad Elting & Co.

Agency: Brad Elting & Company, Inc. are the agents representing the seller. Acreage calculations and data in this brochure have been obtained from sources believed to be reliable although its accuracy cannot be guaranteed by the seller or the sellers agents. We urge prospective buyers to inspect the land and rely on their own conclusions. Announcements made at the auction shall take precedence over advertising.

Auctioneer`s Note: If you are looking for a high-quality irrigated farm, you will not want to miss this auction. Make plans to attend this Clay County, Nebraska Land Auction.

Sellers Agents:

Brad Elting

Auctioneer

Nebraska & Kansas Real Estate Broker

General Certified Appraiser

Nathan Elting

Auctioneer

Nebraska Real Estate Broker

Seller: Todd Carnes, POA Harry Vacek & Ron Vacek, POA for Edward Vacek