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Farmland 160 Acres, more or less
Farmland 160 Acres, more or less
Farmland 160 Acres, more or less

Farmland 160 Acres, more or less

Lot Closed

Auction by Jack Nitz & Associates(1130)
This item is in Morse Bluff, NE

Similar Items

Overview of Farmland 160 Acres, more or less

Item Details

FARM LOCATION: From the corner of Hwys. 79 & 105 (3 miles South of Morse Bluff), go 3 miles South on County Road 25 to County Road U (Farm is in the Southeast corner of the Intersection of County Roads 25 & U).

This Top Producing Farm Sells Absolute to the Highest Bidder AND the New Buyer gets Immediate Possession at Closing AND the New Buyer receives the ENTIRE 2018 Crop! That just about says it all about this unique Opportunity! This Top-Producing Farm features just what you are looking for to add to your current operation! The Farm features 153.3 tillable acres of land out of a possible 156 Farm acres (4 additional acres in roads) and the soils are all Class II Colo (Ct) and Class III Sharpsburg (ShC2, ShD2 & ShD3). Access to the Farm should be excellent all year around, as there is public gravel road frontage on the entire West and North Boundaries.

The farm has been grid-sampled by Servi-tech in the fall of 2017 and Ag-Lime was applied accordingly. The farm has been planted to a 50/50 Corn & Soybean rotation for the 2018 crop year and has been managed that way since the Virka’s purchased the Farm. The Terraces and the North end of the Farm have all been tiled to drain into the small creek on the North end of the Farm allowing for more land to be utilized in times of wetter conditions.

LEGAL DESCRIPTION: The Northwest Quarter of Section 20, Township 16 North, Range 6 East of the 6th P.M., Saunders County, Nebraska, containing 160 acres, more or less.

2017 REAL ESTATE TAXES: $ 7,846.96

POSSESSION: Full 2018 Crop Year Possession will be given to new Buyers at Closing.

2018 CROP: New Buyer will receive entire 2018 Crop!

FARM SERVICES AGENCY (FSA) INFORMATION:

Farm Number - 12617

Farm Acres - 156.1

Tillable Acres - 153.3

Corn Base - 76.62 Acres

Yield (PLC - Dryland) - 161 Bushels

Soybean Base - 76.68 Acres

Yield (PLC - Dryland) - 50 Bushels

*Actual Yield Information for the Farm for the Crop Years of 2015, 2016 & 2017 are on the website.

TERMS OF THE AUCTION: An Earnest Deposit of $ 50,000.00 will be required on Auction Day. The balance will be due on or Before September 14, 2018. Title Insurance and Escrow Closing Fees divided 50/50 between Buyer and Seller. Marketable Title Provided. Possession at Closing. 1031 Tax Exchanges Welcome. Agents Represent Sellers. New Buyers will pay all 2018 Real Estate Taxes due in 2019. Sellers pay all 2017 & prior years Real Estate Taxes.

INTERNET BIDDING TERMS; 1% Buyers Fee Auction-Successful high bid plus the buyers fee equals the total price offered. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy must be returned to Jack Nitz & Associates before end of business, Monday, August 19, 2018. The Contract to Purchase may be hand delivered, faxed, or scanned and emailed. $50,000.00 as earnest money will be due upon acceptance of the Sales Contract by wire transfer or cashier's check. Bidding is not contingent upon financing, make all financing arrangements prior to the end of the bidding. The successful bidder is required to pay $50,000.00 as earnest money with a cashier's check or by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.

AUCTIONEER'S NOTE: Make your plans now to attend this unprecedented and unique Land Auction! Vernon & Sharon are offering their Top Producing Farm to you at your price at Absolute Public Auction AND the New Buyer receives the ENTIRE 2018 CROP! You will have nearly immediate revenue from this Farm after Closing, which is unprecedented!

Payment

INTERNET BIDDING: Credit card is required to bid but is not an accepted form of payment. Bidder registration must be complete by 4:00 PM Thursday, August 16, 2018. Neither the Auction Company nor the Seller is responsible in the event of loss of signal by either side. 1% Buyers Fee Auction-Successful high bid plus the buyers fee equals the total price offered. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy must be returned to Jack Nitz & Associates before end of business, Monday, August 19, 2018. The Contract to Purchase may be hand delivered, faxed, or scanned and emailed. $50,000.00 as earnest money will be due upon acceptance of the Sales Contract by wire transfer or cashier's check. Bidding is not contingent upon financing, make all financing arrangements prior to the end of the bidding. The successful bidder is required to pay $50,000.00 as earnest money with a cashier's check or by wire transfer. Upon accepted offer all earnest money becomes nonrefundable.
CheckWire Transfer

Auction Details

Saunders County, NE Farmland Absolute AuctionMorse Bluff American Legion, Morse Bluff, NE, 68648Friday, Aug 17, 2018 | 10:00 AM CDT

Auction House

Jack Nitz & Associates
Jack Nitz & AssociatesFremont, NE(1130)
Contact Auction House

Terms Of Sale

1. Any & all announcements made from the Auction Block take precedence over all printed material & advertising. The information provided in this catalog is deemed correct, but is in no way guaranteed. We will in no way be held responsible if the information provided to us was incorrect to begin with. While descriptions are believed to be correct, the Auctioneers or owners make no warranties or guarantees as to the genuineness, authenticity of or defect of any items & will not be held responsible for advertising discrepancies or inaccuracies. It is our sincerest intention to provide the potential buyer all the information that pertains to the various items. 2. ALL SALES ARE FINAL. All Property is offered in 'AS IS, WHERE IS' condition, unless otherwise specified by the Auctioneer. No Warranties, either expressed or implied, will be offered. 3. Once the Auctioneer says 'SOLD', the equipment becomes the Sole Responsibility of the Purchaser. 4. The Auction Company reserves the right to reject the Bid of any purchaser or revoke any/all bidding numbers from any purchase, who in the past has presented a problem for collection to either the Auction Company or Seller. 5. Any/all Purchasers will be expected to rely upon his/her personal inspection or investigation of the property being offered at the Auction, or that of an approved party to Buyer, and not upon any representation of warranty or condition by the Seller or the Auction Company. Seller or Auction Company will, in NO WAY, be held responsible for any discrepancies, damage or loss of any property of Buyer once the Auctioneer says SOLD. 6. Any/all prospective Purchasers will be required to register for a bidder's number and present proper identification when registering. 7. All purchases MUST be settled for, IN FULL, on Auction Day. In the event of a wire transfer, if payment absolutely cannot be made on Auction Day, the Purchase must be settled for by the next available Business Day. 8. ABSOLUTELY NO Equipment will be removed from the Auction Site until Settled for. Any/all Equipment left at the Auction Site after the Auction will be the SOLE Responsibility of the Purchaser. 9. All Arrangements for Removal of the Equipment MUST be made through the Auction Company or Seller. 10. Any/all announcements made from the Block on Auction Day will take absolute precedence over any matter of print or any matter of previously printed advertising. 11. Neither the Sellers or the Auction Company will assume any liability or responsibility for transfer costs or damages to the equipment resulting in a loss to the Purchaser, either due to negligence or natural accidental occurrence circumstances. Furthermore, Purchaser will hold harmless both the Sellers and the Auction Company, and their heirs and assigns, from any litigation and/or loss due to any lawsuit brought by Purchaser for any loss that he/she may endure. 12. By making a bid, regardless of how such bid is made, Bidder acknowledges that Bidder has received, read, understands, and agrees to comply with and be bound by the Terms. 13. Jack Nitz & Associates shall not be liable or responsible for any interruptions, termination or corruption of any audio feed, video feed or of any other internet registration, bidding or other online related service that occurs before, during or in connection with the auction sale, regardless of the cause of fault attributable to the interruption, termination or corruption of such services. 14. A Credit Card is required for bidding approval and will be used as a verification tool. Credit cards may be accepted as a form of payment on a LIMITED basis - 3% administration fee applies.
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