Sweeney Auction & Realty

LaVERN SAUTTER ESTATE 120 ACRE IRRIGATED LAND AUCTION

SATURDAY JANUARY 19, 2007 - 1:30pm
Scotia, Nebraska
Community Building

LEGAL DESCRIPTION: SE1/4SW1/4 & S1/2SE1/4 SEC. 23,T17N,R12W, Scotia Pct, Greeley County, NE. 120acres more or less.

REAL ESTATE TAXES: 2006 taxes $2087.64

LAND LOCATION: This land is located approximately 1 ¼ miles East of Scotia then 3miles South, then 1mile East to the SouthEast corner of the property and marked by a Sweeney Auction Sign.

TWIN LOUP IRRIG. DIST: '07 Land Assessment on 115acres paid at Courthouse $16/acre. '07 Water Assessment paid at Twin Loups Dist.$17/acre

USDA  FARM SERVICE AGENCY: Base Acreage & DCP Cropland: 111.7   Direct & CC Yield: 108 Bu.

IRRIGATION WELL: There is a 268ft irrigation well drilled in 1972. This well is a 9 inch well registered at 1000gpm. Well registration # G-000381 and is located on the S1/2SE1/4, 23-17-12. This well is currently used only as a back up to the Twin Loup Irrigation District water.

COMMENTS: This is a well situated gravity irrigated farm with Cozad and Hord silt loam soils through out the land. This farm sells with the 8 inch gated pipe. If you are looking for a “Low Maintence” farm look no further. The irrigation well is for backup purposes only, no costly pivot to maintain, easily cash rented as the present tenant would like to remain farming the land.

TERMS OF AUCTION: $30,000.00 Due at conclusion of Auction and confirmation of PR. Balance of Purchase Price is Due on or before Feb. 29, 2008 when Deed and Possession of farm will be passed to new owner. The cost of Title Insurance will be paid ½ each by Buyer and Seller.

SWEENEY AUCTION & REALTY and associated licensee's are representing the Seller.

LaVern B. Sautter Estate – Seller
Marlene Robbins, P.R.