Wednesday, March 18, 2015 - 2:00 pm

SOLD! $2,700/ACRE

Located at the Elm Creek Village Center, 535 West Boyd Street (Near Water-Tower), Elm Creek, Nebraska.

LEGAL DESCRIPTION: The West 100 acres of the Northeast Quarter (NE ¼), and the West 100 acres of the Southeast Quarter (SE ¼), and part of the Southwest Quarter (SW ¼), excluding approximately 24 acres including the abandoned building site on south side of the property to be determined by survey in Section One (1), Township Nine North (T9N), Range Eighteen West (R18W) of the 6^th P.M., Buffalo county NE, 185 acres more or less.

FARM LOCATION: From Elm Creek, Nebraska go 2 ½ miles east on Hwy 30 to Custer Rd, then 4 miles north to 100^th Rd. Farm is on the north side of this T-intersection. Or from Kearney go about 10 miles west on Hwy 30 then 4 miles north.

FEATURES: There are currently about 97 acres of nearly level cropland that is currently in wheat stubble, over 60 acres of pasture and 25.3 acres of CRP. The fences are good to excellent with 1 mile of nearly new barbed wire fence on the east line. According to the Central Platte NRD the depletion percentage in the section is 18. The surrounding wells appear to have good irrigation water available.

COMMENTS: This farm is located at a “High Point” in elevation with some excellent views and rural home development potential. This property is 1 mile long north and south with NO roads on the back side of this property, and the north 57 acres of pasture/hay land is a real “Hidden Paradise” for livestock, hunting, family activities or anything you can imagine!

POSSESSION: Full possession will be granted at closing.

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 April 17, 2015 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.

PROPERTY INFORMATION PACKET: A (PIP) will be available by contacting Ruhter Auction & Realty, Inc. The PIP includes possession, terms, taxes, aerial mapping, soils and topography maps, FSA information, 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.

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

SELLER: Roger Richards