110 North Broadway

Land
AUCTION
PROFESSIONAL VALUES, REAL ESTATE SOLUTIONS
PROFESSIONAL VALUES, REAL ESTATE SOLUTIONS
233.53 +/- Acres, Cedar County
Saturday, Dec. 8, 2012, at 10:00 AM
VFW Club, Hartington, Nebraska
PROPERTY INFORMATION:
Location: 2 miles West of Obert, NE, adjacent to Hwy #12 or 9 miles East and 5 miles North of Hartington, NE,
or 6 miles Southeast of Wynot, NE.
Legal Description:
Tract 1: (Building site) approximately 6.53 +/- acres, Part of S½S½SW¼ of Section 3, Twp 31N, Rge 3E.
Tract 2: 147 +/- acres, SW¼ of Section 3, Twp 31N, Rge 3E, except approximately 6.53 +/- acres
(building site) and Highway R.O.W.
Tract 3: 80.0 acres, N½NW¼ Section 10, Twp 31N, Rge 3 E.
Property Description:
Tract 1: 6.53 +/- acres. A well improved acreage with a modern 4 bedroom house, 2 car garage and large
barn, all in good condition. Great access, within 1 mile of State Hwys 12 and 15.
Tract 2: 147.0 +/- acres. This is an improved tract of good producing center-pivot irrigated cropland and
dryland grass. The improvements consist of a 2007, 8 tower T & L pivot, Goulds submersible
pump (2008), 25 h.p. Franklin Motor, new in 2010. Well Info: Drilled Oct. 2007, 220’ depth, 225
G.P.M. There is also a new stock well situated on this property.
Tract 3: This is an improved 80 acre tract of very productive center-pivot irrigated cropland. The
improvements consists of 2007, 8 tower T & L pivot, Goulds submersible pump (2008), 7½ h.p.
Franklin motor. Well Info: Drilled Nov. 2007, 220’ depth, 75 G.P.M
FSA Information:
Tract 2 & Tract 3 combined, Cropland 170 ac., 67.5 ac. corn base, 69 bu. yield, 71.1 ac. oats base, 52 bu.
yield.
Taxes:
Tract 1 & 2 combined, 2011 Real Estate Taxes, $4,242.88.
Tract 3, 2011 Real Estate Taxes, $2,389.36.
Land Auction!
Saturday, December 8, 2012 – 10:00 AM
VFW Club, Hartington, Nebraska
233.53 +/- Acres
Cedar County, Nebraska
AUCTION TERMS & CONDITIONS:
Agency: Farm & Ranch Co. and its representatives are acting as
Agents of the Seller. All Buyers are treated as customers of Farm
& Ranch Co.
Sale Method: The real estate will be offered in three tracts or as a
combination for bidding. Except for Tract 1 bidding will be on a
per acre basis, multiplied by the advertised acres. All successful
bidders will enter into a purchase agreement immediately following
the auction. The Seller reserves the right to accept or reject any or
all bids. The sale is not contingent on Buyer(s) financing. The
property will be sold in the method resulting in the highest total
sale price. Bidding increments are solely at the discretion of the
Auctioneer. No absentee or telephone bids will be accepted
without prior approval of the auction company or the Seller.
Property Location
Earnest Money Escrow: The successful bidder as determined by the auctioneer is required to make a non-refundable 10% down
payment of the final bid on the day of the auction with the balance due at closing.
Closing & Possession: The closing shall be on or before January 8, 2013. The balance of the purchase price shall be payable at closing
in guaranteed funds or by wire transfer at the discretion of the auction company. Possession is on the day of closing, subject to the 2012
lease, which expires February 28, 2013. Seller or Seller’s Agent shall order an owner’s policy of title insurance in the amount of the sale
price from a title company of their choice. The cost of title insurance and escrow closing services will be shared equally by the Seller and
Buyer(s).
Survey: Should Tract 1 and Tract 2 sell to two (2) separate Buyers, a registered survey will be provided at the Seller’s cost.
Taxes: The 2012 real estate and personal property taxes shall be paid by the Seller. The 2013 taxes and all subsequent taxes will be the
responsibility of the Buyer(s).
To View the Property: We invite you to view the property on line at www.farmandranchcompany,com or call Tim Kuchta, Broker
(402)841-4478 or 800-866-LAND(5263).
Announcements: This sale is subject to all easements, covenants, restrictions of record and leases. Announcements made the day of the
auction supersede any previously made statements or material provided, whether printed or oral. Information contained in this brochure is
subject to the terms and conditions of the purchase agreement between the Seller and Buyer(s). All maps, data, acreages, and images in this
brochure are approximate and no liability for its accuracy is assumed by the Seller or Seller’s Agent. The Buyer(s) shall be responsible for
conducting their own independent inspection and due diligence concerning the property. The property is being sold “as is” and “where is”
with no warranty or representation, either expressed or implied, is made by the Seller or Seller’s Agent. The auctioneer reserves the right to
make final decisions on bidding increments.
Iva A. Catherman Estate, Owner
For additional information go to www.farmandranchcompany.com or contact Tim Kuchta
Tim Kuchta, Broker
Certified General Appraiser
Hartington, Nebraska
PROFESSIONAL VALUES, REAL ESTATE SOLUTIONS
(402) 841-4478 or 800-866-LAND (5263)
[email protected]
Tom Kuchta, Salesman & Auctioneer
www.farmandranchcompany.com
Land Auction!
233.53 +/- Acres
Cedar County, Nebraska
Saturday, December 8, 2012 – 10:00 AM
VFW Club, Hartington, Nebraska