IRRIGATION WELLS, EQUIPMENT AND SOILS

East pivot: (8) tower Electrogator pivot, 125 hp electric motor and Western irrigation pump, electric control panel, Registered NE Irrigation well G-024744 with 129.2 Upper Republican NRD certified irrigated acres was drilled 1965 to 270.

In 2003 an efficiency test pump was completed by Sargent Irrigation. At that time the well depth was measured to be 220 deep. The pump was set at 215 in 2003. The well pumped 700 gpm from 205 in 2003. The Owner indicates that the well pumps closer to 400 or 500 gpm today.

The irrigation well is located in the building site being retained by the Seller. A well use agreement will be provided for the Buyer for the life of the well. This well is on its power service meter.

Soils under the east pivot are 39% Class II Haxtun fine sandy loam and 61% Class IV and VI Dailey and Valent loamy sand.

West pivot: (10) tower Electrogator pivot, 125 hp electric irrigation motor, Sargent irrigation pump, electrical control panel, Registered NE Irrigation well G-061568 with 129.7 Upper Republican NRD certified irrigated acres was drilled in 1979 to 380, static water 146, pumping level 160 at drilling time.

The last efficiency test was completed on this well in 1993 and it was rated at 859 gpm. In 2012 the pump was lowered 40 but no pumping testes were made.

Soils under the west pivot 34% Class IV Dailey loamy sand and 66% Class VI Valent loamy sand.

Both irrigation wells are pooled together for NRD management. The usage in 23 was averaged out at 10.2. The west well pumped 16.88 and the east well pumped 3.5. The pool has 52.3 left for the current allocation period which is 2023-2027. They have 107.35 of carryforward.

Additionally the southern pivot corners of the farm are tillable non-irrigated cropland, the north center corners does include an old hag facility that would need some clean up. There is an electric stock well at this site for crop aftermath grazing.

The building site in the northeast corner will be surveyed off and retain by the Seller.

BROKERS COMMENTS: The availability of irrigated cropland for sale in this region remains very limited. This farm has great location for county road access and grain marketing opportunities.

ACRES: 300+/- accessed acres

LOCATION: Farm is located in southern Perkins county on County Road 330 just south or Road 755. This is 1 mile west of Highway 61.

LEGAL DESCRIPTION: Township 9 North Range 38 West of the 6th P.M., Perkins County, Nebraska

Section 7: N1/2 Less tract to be surveyed in NENE1/4

FSA BASE INFORMATION: Farm is enrolled in PLC with 265 acres corn base at 150 bushel, 15.3 acres Wheat Base with 39 bushel. Base will be transferred with approval of the FSA County Committee.

REAL ESTATE TAXES: 2023 taxes payable in 2024 are $10,579. However, this does include the builing site that will be retained by Seller.

Upper Republican NRD OCCUPATION TAXES: $2,589.00