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NEBRASKA REAL ESTATE AUCTION - 12,027+/- ACRES OFFERED IN 33 TRACTS IN DEUEL, KEITH AND PERKINS COUNTIES, NEBRASKA

DEUEL, KEITH AND PERKINS COUNTIES, NEBRASKA - NEAR OGALLALA

Owner: TWE II, LLC and LOLA THOMAS Mon, Mar 22, 10:00 AM

TO PRE-REGISTER FOR THIS AUCTION PLEASE CLICK ON THE DOWNLOADS TAB FOR THE FORM TO DOWNLOAD10AM MOUNTAIN TIME • 12,027+/- Acres offered in 33 Tracts • 8,084+/- Tillable Acres • 1.440+/- Irrigated Cropland • 760+/- CRP Acres • Total of approx. 375,000 Bushel in Grain Bin Set Ups with Several Machinery Sheds • Tracts Ranging from 5.5+/- Acres to 1,991+/- Acres in Size • Immediate Access for 2021 Farming • All Growing Wheat Crop Transferred to New Buyer • ONLINE BIDDING AVAILABLE You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company at 800-451-2709.

10AM MOUNTAIN TIME


Auction Info Book


OPEN HOUSE/INSPECTION DATES

The Driftwood, 118 N Spruce St, Ogallala, NE 69153
Tuesday, February 23rd from 11am-1pm
Wednesday, February 24th from 4pm-7pm
Thursday, March 4th from 4pm-7pm
Friday, March 5th from 11am-1pm
Sunday, March 21st from 4pm-6pm

PROPERTY LOCATION

DIRECTIONS TO TRACTS 1-3: From the intersection of US 26/30 and N-61 In Ogallala, Travel South on Hwy N-61 S for 11 miles. Turn right onto CR 769. Continue on CR 769 for 2.5 miles and Tract 2 will be on the left and right.
DIRECTIONS TO TRACTS 4-5: From the intersection of US 26/30 and N-61 In Ogallala go north on E. A St. for .4 Miles. Turn Left onto E Eighth St. and then Back right in 350 feet onto N Spruce St. Head north on Spruce St. for 1.8 miles and the property will be on the right.
DIRECTIONS TO TRACT 14: From Tracts 4 and 5 at the intersection of N Spruce St. and N-61/US 26. Travel west on N-61/ US 26 for 8.7 miles. Turn Left on Rd. W I. Go south for 1 mile and take a left on W 130. The property will be located on the right.
DIRECTIONS TO TRACT 24: From the intersection of US 26/30 and N-61 In Ogallala, Travel West on US 30 for 14 miles. Turn right onto Rd West M N. In 1 Mile Turn left on to Rd. W. 80. Travel on W. 80 for 1.2 miles and Tract 24 will be on the right.
DIRECTIONS TO TRACTS 31-32: From the intersection of US 26/30 and N-61 In Ogallala, Travel West on US 30 for 23 miles and the property will be on the right. Tracts 25-30 are located to the North of 31 and 32.

AUCTION LOCATION

Keith County Fairgrounds, 1100 W Fifth St, Ogallala, NE 69153 From the intersection of US 26/30 and N-61 In Ogallala, travel west on US 26/30/N-61 for .7 Miles. Turn right onto W. First St., In 400 feet turn left onto W Second St., and then back right onto W First St. and the Keith County Expo building will be on the left.

TRACT DESCRIPTIONS

Tract 1: 322± ac 322+/- Tillable Acres. 260+/- Irrigated Acres. 2 Irrigation Pivots

Tract 2: 959± ac 944+/- Tillable Acres. 780+/- Irrigated Acres. 80ft x 128ft Morton machinery shed. 160ft x 108ft shop with concrete floors and heating in half the building. (4) 50,000 bushel Sioux grain bins with air floors and 10in. load outs. 6 irrigation pivots.

Tract 3: 159± ac 159+/- Tillable Acres. 130+/- Irrigated Acres. Irrigation Pivot.

Tract 4: 453± ac 453+/- Tillable Acres. 270+/- Irrigated Acres. 2 Irrigation Pivots.

Tract 5: 217± ac 217+/- Tillable Acres. 217+/- Pasture Acres. Great. Development Potential!

Tract 6: 638± ac 638+/- Tillable Acres.

Tract 7: 147.5± ac 147.5+/- Tillable Acres.

Tract 8: 573± ac 573+/- Tillable Acres.

Tract 9: 629.5± ac 569.5+/- Tillable Acres. 60+/- Pasture Acres.

Tract 10: 200± ac 200+/- Tillable Acres.

Tract 11: 81.5± ac 81.5+/- Tillable Acres.

Tract 12: 322.5± ac 290+/- Tillable Acres. 32.5+/- Pasture Acres.

Tract 13: 54± ac 54+/- Tillable Acres.

Tract 14: 797± ac 19.5+/- Tillable Acres. 743.5+/- Pasture Acres.Excellent backgrounding yard with newer corrals, wind breaks, and 5 barb fencing. Several small outbuildings and1,152 sq ft single story home with detached garage. Approx. 25,000 bushel in grain bin storage between (3) bins.

Tract 15: 275± ac 375+/- Tillable Acres.

Tract 16: 293± ac 292+/- Tillable Acres.

Tract 17: 410± ac 410+/- Pasture Acres.

Tract 18: 98± ac 98+/- Tillable Acres.

Tract 19: 645± ac 645+/- Pasture Acres.

Tract 20: 96± ac 96+/- Tillable Acres.

Tract 21: 1,991± ac 1991+/- Pasture Acres. Corral System

Tract 22: 160± ac 160+/- Tillable Acres.

Tract 23: 320± ac 320+/- Tillable Acres.

Tract 24: 321± ac 321+/- Tillable Acres.

Tract 25: 161± ac 161+/- Tillable Acres.

Tract 26: 160± ac 160+/- Tillable Acres.

Tract 27: 313.5± ac 313.5+/- Tillable Acres.

Tract 28: 319± ac 313+/- Tillable Acres. 1,008 sq ft vacant home with 3 bed and 1 bath.

Tract 29: 137± ac 137+/- Tillable Acres.

Tract 30: 159± ac 159+/- Tillable Acres

Tract 31: 292± ac 292+/- Tillable Acres

Tract 32: 318± ac 318+/- Tillable Acres.

Tract 33: 5.5± ac 120ft x 72ft machinery building, 38ft x 80ft Quonset barn and (4) 20,000 bushel grain bins, (1) 40,000 bushel grain bin, and (3) approx. 10,000 bushel grain bins.

TRACT MAP(S)

Tract Chart

Entire Property

Tracts 1-3

Tracts 4-5

Tracts 6-21 + 33

Tracts 22-24

Tracts 25-26

Tract 27

Tracts 28-30

Tracts 31-32

AREA MAP(S)

PROCEDURE: The property will be offered in 33 individual tracts, any combination of tracts and as a total 12,027+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.

BUYER'S PREMIUM: A 2% Buyer's Premium will be added to the final bid price and included in the contract purchase price.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashier's check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into Purchase Agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers' acceptance or rejection.

EVIDENCE OF TITLE: The cost of issuing a standard coverage owner's title insurance policy shall be divided equally between Seller and Buyer.

DEED: Seller shall provide Warranty Deed(s).

EXCLUSIONS: The following are excluded from any sale: 50% of all mineral interests; all stored crops; all personal property except irrigation equipment; and royalty rights or other payments for wind turbines or wind-driven electrical production, and the rights to ingress and egress for this purpose.

CLOSING: The targeted closing date will be approximately 30 days after the auction (or, if a survey is required, as soon as possible upon completion of the survey, the final title insurance commitment and Seller's closing documents).

POSSESSION: Possession is at closing. (Immediate access is available for farming activities prior to closing.)

REAL ESTATE TAXES: Real estate taxes will be the responsibility of the Buyer(s) beginning with taxes due in 2021 and thereafter.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder's safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

ACREAGE: The depiction of tract boundaries and acreages are approximate & have been estimated based on available tax parcel data and aerial mapping.

SURVEY: A new survey will be obtained only if necessary to record the conveyance or otherwise deemed appropriate in the Seller's sole discretion. If a new survey is obtained, the survey will be sufficient to record the conveyance (but the type of survey will be determined by the Seller) and the survey costs will be shared equally (50:50) by the Seller and Buyer. Any survey of adjacent tracts purchased in combination will show the perimeter boundary but need not show interior tract lines. AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.