Wednesday, February 24, 2016 @ 11:00 AM

Sellers: The Estate of Dr. Jack and Vera Swanson. (JRM FARMS)

120 Acres offered in 2 Tracts: (Non-Irrigated)

Legal: Tract 1- NE NE 20-15-7 (40 ACRES)

          Tract 2- SW NW 29-15-7 (40 ACRES) NW SW 29-15-7 (40 ACRES)

Began: 02/24/16 at 11:00 AM CST
Auction Location: Union Bank, 328 West 3rd, Wahoo, NE 68066
Property Location: County Road 18 and O & County Road 19 Between M & N, Wahoo, NE 68066

Note: This is a great opportunity to purchase some very productive farmland. Both tracts of land are gentle rolling with a high percentage of tillable acres. Do not miss this chance to add some nice property into your program. Call Dan at 402-720-0768 for more information.

FSA DATA: Tract 1- Cropland- 37.42 Acres, Total Base Acres- 36.4 Acres, Corn- 18.2 Acres, Soybeans- 18.2 Acres. Tract 2- Cropland- 74.72 Acres, Total Base Acres- 68.6 Acres, Corn- 34.3 Acres, Soybeans- 34.3 Acres.

Full Possession: 2016 Farming Rights

2015 Taxes: Tract 1- $2,369.12, Tract 2-$4,421.14

Closing on or before March 25, 2016

This will be a cash sale with 10% earnest deposit required in the form of cash or check immediately following the auction, and upon the signing of the Purchase Agreement. Balance of purchase price is payable in certified funds at closing on or before March 25, 2016.  Seller will convey land and improvements by warranty deed with title insurance provided as evidence of merchantable title. Cost of title insurance and closing/escrow agent is to be split 50/50 between the buyer and seller. Properties sell subject to all easements, right of ways, zoning, and restrictions of record and free and clear of all liens.  The Purchase Agreement WILL NOT be contingent upon financing and the buyers shall forfeit the earnest deposit if unable to close on March 25, 2016. No warranty is expressed or implied as to adequancy of land uses, water supplies, or fencing. Sellers reserve the right to reject any and all offers – the intenet is to sell.

Directions to ground: Tract 1- From Hwy. 109 and County Road O north of Wahoo, go 2 miles west to County Road 18. Property is located on the SW corner of the intersection. Tract 2- From Hwy. junction 77 & 92 west of Wahoo, go 1 1/4 mile west to County Road 19, then 2 1/2 miles north. Property is located on thee east side of the road.

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Sanderson Auctioneers

412 N Linden Wahoo, NE 68066

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