312 ACRE BOONE COUNTY FARMLAND/PASTURE AUCTION

FRIDAY MARCH 2 2012; 2:00pm
SPALDING SENIOR CENTER, SPALDING, NE.

LEGAL DESCRIPTION & LAND LOCATION: E ½ Sec.19-T20N-R8W of 6th P.M. in Boone County, Ne. 14 ½ MILES WEST OF ALBION or 5 MILES EAST OF SPALDING to SE corner of property, Intersection of Hwy 91 & 110th Ave. marked by a SWEENEY AUCTION & REALTY sign.

IMPROVEMENTS: SE ¼, 152 acres M-L of IRRIGATED/DRYLAND FARMLAND & GRASS, has a ’05 Zimmatic 10 Tower Electric Center Pivot, currently showing 2,573 hrs, with overhead impact sprinklers. The pivot is powered by a Phase Converter Elec. Motor. Well is powered by a Diesel Motor w/ 100 HP Amarillo Right Angle Gear Drive with 11-10 ratio, Ser.#S100A 209455. There is also a Submersible well for livestock watering. There is currently 132 Certified Irrigated Acres on this Quarter. JD Diesel Motor & 500gal Diesel Tank sell with the property. There is an underground Natural Gas Line that runs along the South side of this quarter. There is a major electric power line along the West side of the Half Section but does not seem to obstruct the pivot.

NE ¼, 160 acres M-L of PASTURE, has a submersible well for livestock watering, tank with Automatic Switch, New 4 wire fence on East property line, Large earthen dam for livestock watering. This Quarter is in the Plumb Creek and Cedar River Watershed and has a stream depletion factor of 68%.

TAXES: 2011 RE taxes: NE ¼ $1,615.68; SE ¼ $4,941.89

FSA INFO: DCP Cropland 139acres; Corn Base Acres 60.4 w/121bu Yield. Soybean Base Acres 5.7 w/43bu Yield. Total Base Acres are 66.1 Cropland acres are HEL.

LLNRD Irrigation Well Info: Well Reg.#G-090909; Well ID# 106354; Drilled 2/17/1997; 800GPM, Static Level 181ft, Pumping Level 190ft; Pump Col. Dia. 8inches, Pump Depth 220ft, Well Depth 356ft.

PLEASE NOTE: These quarter sections will be sold as individual quarter sections and will not be offered as a whole unit.

TERMS OF AUCTION: 20% of High Bid Price to be paid on day of Auction and Sellers and Buyers will enter into a written contract with the balance due within 30 days when full possession and merchantable deed will be delivered to Buyer. ANNOUNCEMENTS DAY OF AUCTION TAKE PRECEDENCE OVER PRIOR ADS OR STATEMENTS.All information is gathered from sources deemed reliable but are NOT GUARANTEED. Prospective Bidders are urged to make their own inspections prior to Date of Auction. Final Bid Price is Subject to Approval of Sellers.

NANCY A. DIESSNER, REV. TRUST SELLER
Auction Conducted By:
SWEENEY AUCTION & REALTY
Greeley,NE. 308-428-5971

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