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ABSOLUTE REAL ESTATE

AUCTION 190+/- Acres of Valley County Cropland, Riverfront & Pasture

Mon., Dec. 12, 2011 • 1 p.m. Sale Site: Arcadia Community Center, 230 N Hawthorne St. • Arcadia, NE LAND LOCATION: From Arcadia, NE, head north on Nine Mile Ave. for 2.5 mi., turn west on 803rd Rd. for 2 mi. to the east line of the property and marked by Wolf Inc. signs. LEGAL DESCRIPTION: The East Half of the SE Quarter, less Burlington Northern Railroad Company’s right-of-way, now discontinued, and part of Lot 7, all in Section 5, Township 17 N, Range 16 W of the 6th P.M., Valley County, NE; less a tract of land conveyed therefrom to Middle Loup Public Power and Irrigation District. The NE Quarter of the NE Quarter of section 8 and Lot 5, less Burlington Northern Railroad Company’s right-of-way, now discontinued, in Section 8, Township 17 N, Range 16 W of the 6th P.M., Valley County, NE. ACRES: 190.04+/- tax assessed acres 2010 REAL ESTATE TAXES: $2,612.64. WATER INFORMATION: Middle Loup Public Power & Irrigation District records indicate 40 acres under contract at $41/acre. FSA INFORMATION: Farm Service Agency records indicate 40.8 cropland acres. 38.8 base acres of corn with a direct payment of $1,140.00. BROKER’S COMMENTS: A rare opportunity to purchase a balanced unit. At auction will be offered gravity irrigated cropland, recreational hunting with approximately a half a mile of Middle Loup River frontage, feed and protection. Please note that the buildings on the property have no contributing value. AGENCY CLAUSE: Wolf, Inc. Auction & Real Estate is acting as agents of the seller, with duty to represent seller’s interest, and will not be an agent of the buyer. TERMS: 10% down the day of the sale with balance due at closing on or before January 12, 2012. Possession will be March 1, 2012. Title insurance premium to be divided 50/50 between buyer and seller. 2011 Real Estate taxes will be paid by the seller. Owners: John Hill, Ross Hill, Daryl Hill and Linda Boatright

WOLF, INC. AUCTION & REAL ESTATE 1514 L Street - PO Box 328 Ord, NE 68862 308-728-3101 Steve Wolf, Broker & Auctioneer Dani Warner, Sales Associate www.wolfnebraska.com


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