JOHN E AND KATHLEEN E WALDREP AUCTION

Monday, August 27, 2018

Schultis & Son, Inc.
    56805 Hwy 4, Daykin, NE US

    74.15+/- ACRE JEFFERSON COUNTY IMPROVED

    FARM AUCTION

     

    MONDAY, AUGUST 27TH, 2018

     

    6:00 PM

     

     

     

    LOCATION:  56805 HWY 4, Daykin, Nebraska.  The intersection of Highways 4 & 15 north of Fairbury, NE.

     

    LEGAL DESCRIPTION:  The South Half of the Southwest Quarter (S ½ SW ¼), Except Fraction, Section Fourteen (14), Township Four (4) North, Range Two (2) of the 6th PM, Jefferson County, NE

     

    GENERAL DESCRIPTION:  This property has approximately 26.8 acres of cropland and the balance is site, recreational land, and road.  The main floor of the home offers 1,824 square feet and consists of 2 bedrooms, 1.5 updated bathrooms, updated kitchen with granite counter tops & appliances, large dining room with oak floors, huge living room with sliding glass doors to the pergola and patio.  The basement is fully finished with 1,344 square feet of living area and has a family room with wood burner, exercise area, 2 bedrooms (1 non-conforming) and a ¾ bath.  It also has an oversized 2 stall finished attached garage.   The exterior features huge asphalt driveway, a detached oversized finished garage, 30’ X 54’ machine shed with full concrete floor, and large stocked pond with alum. dock.  The home is very clean and in excellent condition and ready to move in to.

     

    INSPECTION:  Please contact Aaron at 402-729-2435 or 402-300-0316 for a private showing.

     

    TAXES:  The 2017 taxes are $5,145.26 with the exemption and are paid by the Seller.  The 2018 taxes shall be prorated to the date of final settlement on the basis of the 2017 tax.

     

    RENTS & POSSESSION:  The crop ground is currently rented and the Buyer will receive the landlords share of rent for the 2018 crop year (60%-40% lease).  Full possession of the cropland shall be given at the conclusion of fall harvest.  Possession of the improvements and recreational land shall be granted at closing.

     

    FSA INFORMATION:  The farm is not currently enrolled in any governmental programs.

     

    TERMS:  20% of the purchase price shall be paid down the day of the auction upon signing purchase agreements and the balance shall be due on or before September 27, 2018.  The property is not being offered subject to loan approval and is treated as a cash sale, so please make financial arrangements prior to the auction and bring a bank letter of credit.  The property shall be transferred with a warranty deed and title insurance.  The cost of title insurance and the escrow closing fee shall be shared equally between the Buyer & Seller, with the Buyer paying the cost of any lender required endorsements.  Abstract & Title, Inc. shall provide the title insurance and Schultis & Son, Inc. will handle the escrow closing.  The property is sold in “AS IS” condition with no survey, warranties, inspections, treatments, or repairs provided or paid for by the Seller or Real Estate Company.  Schultis & Son, Inc. are agents of and represent the Seller in this transaction.  The property sells subject to 24 hour seller confirmation.  Any announcements made the day of the auction shall take precedence over printed or oral information provided.

     

     

    JOHN E. & KATHLEEN E. WALDREP, OWNERS

    Disclaimer:

    Announcement: Information contained herein is presented on behalf of the seller. Schultis & Son, Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.