NOTE: This property is also available for sale with 3 additional parcels as Kearney County Pivots and Range. Acres Pivot irrigated cropland 123.80 Dry cropland 24.20 Roads & waste 4.20 Total 151.20 Certified Irrigated Acres Certified irrigated acres from the Tri-Basin Natural Resource District: 123.82 certified irrigated acres Irrigation Information Irrigation well, water, and equipment information is as follows: Well Registration G037481 Completion Date 07/05/1972 @ 1,000 gpm Well Depth 130 Static Water Level 21 Pumping Level 31 Column 8 Pump-Layne Bowler, average condition Gearhead-Randolph, 60hp, average condition Pivot-8 Tower T&L hydraulic. Has 868 hours, good condition Power provided by a tenant owned natural gas engine. Pivot is required to reverse due to location of the improvement site. Estimated Income The following is an estimated income and expense summary Income: 123.8 acres pivot irrigated @ $260/A = $32,188 24.2 acres dry cropland @ $110/A = $2,662 Total Income $34,850 Expenses: Real Estate Taxes $6,618 Insurance $2,200 8% Management $2,788 Maintenance $2,000 Total Expense $13,606 Net Income: $21,244 Property Summary Parcel 4consists of pivot irrigated and dry cropland.Access is provided by gravel roads bordering the west and south.The 8 Tower T&L pivot is two years old and has 868 hours on it.The G.P.S. system on the pivot point belongs to the tenant.It is not included in the listing. The improvement site is located along the south and consists of approximately 5.24 surveyed acres. It is not included in the listing. The balance of the parcel consists of undulating to gently rolling cropland of which approximately 123.80 acres is pivot irrigated. Water for irrigation is provided by a well powered by a tenant owned natural gas engine located at the pivot point with water distributed by a reversing pivot irrigation system. (Pivot must reverse due to location of an improvement site not included in the sale.) Parcel 4 is of fair to average quality, and all areas appear well managed. Legal Description: SW1/4 Section 18-T7N-R15W of the 6th P.M., Kearney County, Nebraska Less 5.24 surveyed acres of improvements located in the South 1/2 of said quarter Estimated Taxes $6,316.00