MILDRED KERWOOD TRUST LAND AUCTION

Friday, January 26, 2024

Schultis & Son, Inc.
An earnest deposit equal to 20% of the purchase price shall be paid the day of the auction upon signing the purchase agreement. The balance shall be paid on closing which will be on or about February 28th, 2024 in the form of certified funds. Title insurance and escrow closing fees shall be shared equally between Buyer & Seller. Any lender's policy or required endorsements shall be the expense of the Buyer. Nebraska Title Company shall be the title insurance company and will conduct the escrow closing. The farm is not being sold contingent on loan approval. Make all financial arrangements prior to the auction. The properties are sold in "AS IS" condition with no survey, warranties, inspections, repairs, or treatments provided or paid for by the Seller or Real Estate Firm. Schultis & Son, Inc. are agents of and represent the Seller in this transaction. Any announcements made the day of the auction take precedence over any other information provided in print or otherwise. A 1% Buyers Premium will be added to online purchase ONLY. The sale is subject to confirmation by the Seller.Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Schultis & Son, Inc. Real Estate & Auction Service reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR SCHULTIS & SON, INC. REAL ESTATE AND AUCTION SERVICE SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON
508 E Street, Fairbury, NE US
470 +/- Acres in 2 Tracts!
Lot #: 1

TRACT I

TRACT I - 310 +/- ACRESLOCATION: From Alexandria, Nebraska, 4 Miles North on Hwy 53 to the Southeast corner of the tract. OR from Daykin, NE 4 ½ miles West to Hwy 53 to the Northeast corner of the tract.LEGAL DESCRIPTION: The East Half (E1/2) of Section Fourteen (14), Township 4 North (T4N), Range One West (R1W) of the 6th P.M., Thayer County, Nebraska.GENERAL DESCRIPTION: This is a level to gently rolling tract with mainly Crete Soils. There is a 80'x54' machine shed located on the South quarter.IRRIGATION INFORMATION: There are two wells located on this tract. Well information is as follow:Registration #Year DrilledDepthDiameterPumping CapacityG-178458 (N ¼)2015200'8"800 GPMG-166689 (S ¼)2013200'8"800 GPMThe center pivots belong to the tenant and do not convey with the property. The tenant will have the pivots removed by March 1, 2024.FSA DATA: FSA data shows 307.8 acres of cropland with the balance being building site and waterways. DCP Crop Data is as follows:CROPBASE ACRESPLC YIELDWheat32.5840Corn121.90127Soybeans108.5141TOTAL262.99TAXES: The 2023 real estate tax for this tract is $13,677.66.
Lot #: 2

TRACT II

LOCATION: From Alexandria, NE, 3 miles North to Road W, then 2.5 miles West to the Southwest Corner of the tract. LEGAL DESCRIPTION: The Southwest Quarter (SW ¼) of Section Twenty-One (21), Township 4 North (T4N), Range 1 West (R1W) of the 6th P.M., Thayer County, Nebraska.GENERAL DESCRIPTION: This tract contains 51.65 acres of non-irrigated cropland with the balance being pasture, pond, timber, and the Dry Sandy Creek. The pasture is fenced. FSA DATA: FSA data shows there is 51.65 acres of cropland. DCP Crop Data is as follows:CROPBASE ACRESPLC YIELDWheat5.5840Corn20.86127Soybeans18.5741TOTAL45.01TAXES: The 2023 real estate tax for this tract is $2,456.56.

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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.