Wednesday - January 18, 2023 - 10 AM

Crystal Theater - 503 Nebraska Ave - Arapahoe, NE

Paula & Melvin Kennicutt - Owner

Aerial Map - Holbrook Area Aerial Map - Soils Map - Topography Map

FARMERS - CATTLEMEN

Take advantage of this opportunity to acquire 80 Assessed Acres of productive Gosper County, Nebraska Dry Cropland & Pasture offered in 1 Tract. Located 8 miles (+/-) Northwest of Holbrook, NE.

LEGAL DESCRIPTION: W½ NW¼ Section 31 - T5N - R24W Gosper County, Nebraska

THE TRACT: 80 Acres (+/-) consists of 37.39 Acres (+/-) Dry Cropland in two fields, one was cane & the other was milo. The Pasture consists of 44.91 Acres (+/-) with no functional well & 4-wire fence. This Tract has desirable productive soils with access via Road 414 on the Gosper/Frontier County Line.

2022 TAXES: $ 1232.38

FSA DATA: (estimate) Contract Acres: Wheat 6.88 Corn 6.88 Soybeans 13.74

Yield Average: Wheat 53 Corn 113 Soybeans 43

MINERAL RIGHTS: Buyer shall receive all Mineral Rights now owned by Seller, if any.

METHOD OF AUCTION: This Tract will Sell as 1 Tract undivided.

SUBJECT TO: Existing fences, boundaries, covenants, easements, leases, oil and gas leases, if any, and roads as the same may appear of record. All acre amounts are Estimates Only.

TERMS: The purchaser shall make a 20% earnest deposit the day of the auction by personal check, company check or wire transfer payable to Phelps County Title. The balance due at Closing on February 2, 2023. Landlord’s Possession on successful Closing. Full Possession March 1, 2024. 2022 prior years real estate taxes paid by Seller. Seller will convey a good and marketable Title to the Buyer evidenced by a policy of Title Insurance. Phelps County Title in Holdrege, NE shall conduct the Title and Escrow services. The cost of Title Insurance / Escrow Fee shall be divided equally among the Buyer and Seller. This property will not be sold subject to the Buyer obtaining financing to consummate the transaction. Buyers must have financial arrangements made prior to the auction. All of the property sells in “as is” condition, no warranties. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction. Prospective buyers should inspect the property and draw their own conclusions. Heartland Partners Realty & Auctioneers are agents representing the sellers