79.14 Acre Clay County Nebraska
Irrigated Land Auction
Monday, December 14, 2020 at 10:00 a.m.
Sutton Community Senior Center
200 S. Saunders Ave | Sutton, Nebraska
Online bidding offered *Audio Only Live Stream*
**Current Covid 19 guidelines will be followed Auction day**
Farm Location: From the intersection of Hwy 6 & Hwy 14 (8 miles west of Sutton) go 3.5 miles north. OR from the Interstate 80 Aurora Interchange go 12.5 miles south on Hwy 14 to Rd 321.
Legal Description: East Half, Northeast Quarter (E ½, NE ¼) in Section Twenty-eight (28), Township Eight North (T8N), Range Six West (R6W) of the 6th P.M. Clay County, Nebraska 79.14 acres more or less.
Description: This in an exceptional gravity irrigated farm that is a prime candidate for center pivot or underground drip irrigation development. The terrain is nearly level with excellent soils. With highway access and incredibly competitive markets in the area this is a tremendous opportunity to acquire HIGH QUALITY IRRIGATED FARMLAND!
FSA Information: 75.35 acres Farmland/ 74.8 acres Corn Base/ 191-bushel PLC yield
Equipment & NRD: U.S. Motors 40 hp electric well/ well drilled 1968 estimated at 1300 gpm at time of drilling/ 65 lengths 8” aluminum irrigation pipe
Taxes: $5,866.40 (2019)
Possession: Full possession January 1, 2020
Terms: A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due on or before January 15, 2021 by cash, certified funds, or a direct wire transfer to the closing agent. The 2020 and all prior taxes will be paid by the sellers. The buyer will be responsible for all subsequent taxes. Title insurance will be split equally between the buyer and the seller. All equipment and improvements sell in “as is” condition.
Auction Method: Bidding increments are at the discretion of the auctioneer. Any absentee bids or bidding on behalf of another person or entity must be approved by Ruhter Auction & Realty, Inc, and the seller. Online bidding is offered with approval at least 48 hours prior to auction.
Announcements: All inspections required by the purchaser will need to be made prior to the auction date. This sale is not contingent upon financing and while the information presented in marketing materials and on auction day were obtained from sources deemed reliable neither Ruhter Auction & Realty, Inc. or the seller makes any guarantees or warranties as to the accuracy. This property sells “AS IS WHERE IS” with no warranties either expressed or implied. Any announcements made Auction Day by Ruhter Auction & Realty, Inc. will take precedence over any previous oral statement, printed materials, or any other communication. Final bids are subject to seller confirmation.
Acres & Mapping: The maps used in promotional materials and at the auction may not be to scale and are meant for illustrative purposes only. The acres represented on these properties are simply used as a multiplier for total sales price. A survey has not been completed; however, we have used the best sources available to us in determining the correct acreage, but they are not guaranteed.
Disclaimer: Although great care was used in gathering the information provided in this listing and the promotional materials, contents are not guaranteed. Interested parties should conduct their own due diligence.
Ruhter Auction & Realty, Inc. is acting as an agent for the seller.
Sellers: University of Nebraska Foundation & University of Nebraska Foundation Trustee of the Jon & Lori Ochsner Charitable Remainder Trust dated December 26, 2018