Thursday, November 13, 2014, 2:00 p.m.

Located at the Nelson City Auditorium, 301 S. Main, Nelson Nebraska.

Auctioneer Comments: This is a very rare opportunity to purchase mostly contiguous high quality pasture and farmland. The property will be sold in 5 tracts. A portion of the pasture was farmed decades ago and has potential for more development. There is also excellent habitat on these properties with well established oak tree groves. The property is leased for hunting this season.

SOLD!
TRACT 1 - $3,600/ACRE
TRACT 2 - $2,100/ACRE
TRACT 3 - $2,500/ACRE
TRACT 4 - $2,550/ACRE
TRACT 5 - $2,400/ACRE

Farm Locations: All directions are from Hwy 14 & V Road. (From Nelson go 5 miles north) Tract 1 is 2 miles east on V Road.
Tract 2 is 2 miles east on V Road then ¼ mile south on 3800 Road
Tracts 3 & 4 are 3 miles east on V Road, then ¼ miles south on 3900 Road
Tract 5 is 3 miles east on V Road then 1 ¼ miles south on 3900 Road

Tract #1
Legal Description: Northeast Quarter (NE ¼) of Section Thirty-one (31), Township Four North (T4N), Range Six West (R6W) of the 6^th P.M., Nuckolls County, Nebraska, 160 acres more or less.

Description: This tract has about 90.19 acres of level to gently rolling farmland with the balance in rolling pastureland and native grass.

Tract #2
Legal Description: Southwest Quarter (SW ¼) and Southwest Quarter, Northwest Quarter (SW ¼, NW ¼) of Section Thirty-two (32), Township Four North (T4N), Range Six West (R6W) of the 6^th P.M., Nuckolls County, Nebraska, 200 acres more or less.

Description: This tract has about 39.45 acres of level to gently rolling farmland with the balance in rolling pastureland and native grass.

Tract #3
Legal Description: North Half, Southeast Quarter (N ½, SE ¼) and South Half, Northeast Quarter (S ½, NE ¼) of Section Thirty-two (32), Township Four North (T4N), Range Six West (R6W) of the 6^th P.M., Nuckolls County, Nebraska, 160 acres more or less.

Description: This tract has about 52.47 acres of level to rolling farmland with the balance in rolling pastureland and native grass. There is an older building site on this property, established oak trees and a spring fed creek that generally runs late fall to early summer.

Tract #4
Legal Description: South Half, Northwest Quarter (S ½, NW ¼) and North Half, Southwest Quarter (N ½, SW ¼) of Section Thirty-three (33), Township Four North (T4N), Range Six West (R6W) of the 6^th P.M., Nuckolls County, Nebraska, 160 acres more or less.

Description: This tract has about 18.16 acres of level to gently rolling farmland with the balance in rolling pastureland and native grass. There is also a well established oak tree grove on this property.

Tract #5
Legal Description: Southwest Quarter (SW ¼) and South Half, Northwest Quarter (S ½, NW ¼) of Section Four (4), Township Three North (T3N), Range Six West (R6W) of the 6^th P.M., Nuckolls County, Nebraska, 231 acres more or less.

Description: This property has about 123.99 acres of level to gently rolling farmland with the balance in rolling pastureland and native grass.

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 December 15, 2014 by cash, certified funds or a direct wire transfer to the closing agent. The 2014 and all prior taxes will be paid by the sellers. Title insurance will be split equally between the buyer and the seller. All equipment and improvements sell in “as is” condition.

A PIP (Property Information Packet) will be available by contacting Ruhter Auction & Realty, Inc. The PIP includes possession, terms, taxes, aerial mapping, soils and topography maps, FSA information, well data, etc.

Disclaimer: All inspections required by the purchaser will need to be made prior to the auction date. This sale is not contingent upon financing.

Possession: Full possession for the 2015 crop year will be granted. Landlord’s possession will be granted at closing subject to the 2014 crop year lease. The land is leased for hunting this season.

Ruhter Auction & Realty, Inc. is acting as the agent for the sellers.

 

Seller: Estate of Lyla V. Brown