VERLE D. JOHNSON TRUST
Webster County, Nebraska
LAND AUCTION

TRACTS 1 & 2 SOLD TOGETHER:  $4,100/ACRE
TRACT 3:  $2,400/ACRE

Wednesday March 20, 2013 - 2:00 pm

The Auction will be held in the Community Center, Red Cloud, Nebraska.

FARM LOCATION: From the west side of Inavale, Nebraska, 3 miles north to the southeast corner of Tract #2. Tract #1 lies adjacent to the west of tract #2. Tract #3 lies 1/2 mile south of tract #1.

 TRACT #1
The Southwest Quarter of Section Fifteen (15), Township Two (2) North, Range Twelve (12), West of the 6th P.M., Webster County, Nebraska. (160 Acres +/-)

This is a level to rolling quarter section of predominantly in crop ground with the exception of a few smaller areas of tree stands and shelterbelt. There is a 7 tower T-L pivot serving a portion of the tract with water from a well located on the tract. Exact irrigated acres well be in the PIP. This is a very productive farm.

TRACT #2
The Southeast Quarter of Section Fifteen (15), Township Two (2) North, Range Twelve (12), West of the 6th P.M., Webster County, Nebraska. (160 Acres +/-)

This tract is predominantly native pasture land with approximately 20 acres of excellent non-irrigated crop land, approximately 7 acres in yard site, corrals and pens. There is an older 1 story farm home, a metal canopy style equipment building/shop and other miscellaneous farm structures. The balance of Tract #2 is in rolling native pastureland.

TRACT #3
The Southwest Quarter of Section Twenty-tow (22), Township Two (2) North, Range Twelve (12), West of the 6th P.M., Webster County, Nebraska. (160 Acres +/-)

This is a very nice 160 acre grassland tract. There are several ponds for watering of stock, an older windmill and cross fencing. The perimeter fencing is good with additional electric fencing along neighboring pastureland.

METHOD OF SALE
Tracts #1 & #2 will be offered in separate tracts and as a combination and sold in the manner best suited to the seller. Tract #3 will be sold as a single tract.

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 20, 2013 by cash, certified funds or a direct wire transfer to the trust account of the closing agent. At closing the closing the seller will present a title insurance binder indicating marketable title vested in the name of the seller. The cost of the title insurance will be split equally by the buyer and seller.

POSSESSION
Full possession will pass to the purchaser upon a successful closing. Right of entry to prepare for the 2013 season usage will be granted to purchasers upon the receipt of the earnest deposit.

DISCLAIMERS & DISCLOSURES
Although great care was used in gathering the information herein, the content is not guaranteed. Interested parties should conduct their own Due Diligence. All equipment or personal property included in this sale is selling in as-is condition and without warranty of any kind.

Ruhter Auction & Realty Inc. is acting as the agent for the seller in this transaction.

SELLER: Verle D. Johnson Trust
Ronald G Bartels, Trustee