Tuesday, January 10, 2012, 10:00 a.m.

The auction will be held at the Quality Inn/ Garden Café Banquet Room, 2205 Osborne Drive East, Hastings, Nebraska.

This auction will consist of 3 eastern Adams County pivot irrigated farms and a Webster County gravity irrigated farm. All of these farms have excellent soil types and will be some of the best farms sold this marketing season.

Tract #1:  SOLD - $10,800/ACRE

Legal Description: Southwest Quarter (SW ¼) Except 1.313 acres south of Railroad & Northwest Quarter (NW ¼) south of RR except 20’ strip for railroad, of Section Thirty-six (36), Township Seven North (T7N), Range Nine West (R9W) of 6^th P.M., Adams County, Nebraska, 190.41 acres more or less.

Location: From the intersection of Showboat Blvd and US Highway 6 on the southeast side of Hastings, Nebraska go 4 miles south to Oak Ridge Rd, then 3 miles east.

Comments: This is a very productive pivot and gravity irrigated farm with excellent soils and good supplies of underground water.

Equipment: 2006 T-L 7 tower center pivot, Amarillo 100 hp gear head well and pump, and a Randolph 100 hp gear head well and pump.

Tract #2: SOLD - $11,600/ACRE

Legal Description: Northeast Quarter (NE ¼) of Section Twenty-three (23), Township Six North (T6N), Range Nine West (R9W) of the 6^th P.M., Adams County, Nebraska, 160 acres more or less.

Location: From the intersection of Showboat Blvd and US Highway 6 on the southeast side of Hastings, Nebraska go 7 miles south to Saddlehorn Rd, then 2 ½ miles east.

Comments: This is a very productive pivot irrigated farm with excellent soils and good supplies of underground water. There is also a house, outbuildings and a livestock pen included in this property.

Equipment: 1983 Zimmatic 8 tower center pivot, Amarillo 80 hp gear head, well and pump.

Tract #3:  SOLD - $11,700/ACRE

Legal Description: Southeast Quarter (SE ¼) of Section Twenty-four (24), Township Six North (T6N), Range Nine West (R9W) of the 6^th P.M., Adams County, Nebraska, 160 acres more or less.

Location: From the intersection of Showboat Blvd and US Highway 6 on the southeast side of Hastings, Nebraska go 8 miles south to Sundown Rd, then 3 ½ miles east.

Comments: This is a very productive pivot irrigated farm with excellent soil types and good supplies of underground water.

Equipment: 1983 Zimmatic 8 tower center pivot, Amarillo 80 hp gear head well and pump.

Tract #4:  SOLD - $6,700/ACRE

Legal Description: Southeast Quarter (SE ¼), Northwest Quarter (NW ¼) & Lots 8-9 in Northwest Quarter (NW ¼) of Section Seventeen (17), Township Four North (T4N), Range Eleven West (R11W) of the 6^th P.M., Webster County, Nebraska, 104.1 acres more or less.

Location: From the south edge of Bladen, Nebraska go ½ mile east.

Comments: This is a very productive gravity irrigated farm with an underground pipe and surge valve setup that is located in an area with excellent soils.

Equipment: Amarillo 80 hp gear head, well and pump.

Possession: Landlord’s possession will be granted at closing subject to a share lease for the 2012 crop year. Any inputs paid by the seller towards the 2012 crop will be reimbursed by the buyer upon 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 February 10, 2012 by cash, certified funds or a direct wire transfer to the closing agent. The 2011 and all prior taxes will be paid by the sellers. Title insurance will be split equally between the buyer and the seller. All equipment sells in as is condition.

A PIP (Property Information Packet) will be available by contacting Ruhter Auction & Realty, Inc. The PIP includes aerial mapping, soils and topography maps, FSA, and well 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: Merle Hinrichs