Absolute Land Auction
Bockerman Farm Inc.
793+/- Acres – Frontier County, NE
Tuesday, November 20th – 10:30 AM CT
Community Building – Fair Grounds – McCook, NE
Land Location: From McCook, NE – On Hwy 83 go 18 Miles North to Rd 734, then 4 miles east.
Legal: All Section 25-6-29 636.91 +/- Acres Lincoln Precinct, Frontier County
SE1/4 24-6-29 156.19 +/- Acres Lincoln Precinct
Acres: 355.95 Dry Land, 427.16 Grass, 6.18 Farm Site and 3.81 Roads
Soil Types: Holdrege, Coly & Uly, Coly
2017 Taxes: $11,789.12 2018 FSA Info: Base – Wheat Acres – 170.71 Base – Corn Acres – 135.49
Method of Sale: Property Will be Sold as One Parcel
Notes: Tenant will be planting approximately 113 acres of wheat this fall and will be entitled to harvest the same in summer of 2019. Purchaser will receive the cash rent of $45.00/acre on the approximate 113 acres. Tenant will also be entitled to bale the wheat straw on the 113 acres but would consider leaving the straw for a negotiated discount of the cash rent as may be agreed between the tenant and the purchaser. Possession of this approximate 113 acres will be after harvest and possibly after the baling of the straw on the 113 acres.
Terms: The successful bidder will be required to enter into a written purchase agreement with a 10% down payment the day of the auction. The balance will be due at closing on or before December 27, 2018 with full possession as owner on March 1, 2019 subject to rights of the tenants. Seller will provide marketable title to the buyer, evidence by a policy of title insurance. Cost of title insurance and closing costs will be divided equally between seller and buyer. The 2018 & all prior real estate taxes will be paid by the seller. All mineral rights owned by the seller, if any, will be conveyed to the buyer. Property will not be sold subject to financing. Please have all financial arrangements made prior to the auction. All announcements the day of the auction will take precedence over anything written or implied. Old West Realty & Auction LLC & Warner Real Estate are working for the seller.
Disclosure: Information was obtained from sources deemed reliable , but Broker makes no guarantees as to accuracy. All prospective buyers are urged to fully inspect property and rely on their own conclusions. Property sells AS IS, NO WARRANTIES!
Lindy Elson – 308-737-7100 – Auctioneer/Broker – Old West Realty & Auction LLC
Regina Andrijeski – 308-737-7335 – Auctioneer/Associate Broker – Old West Realty & Auction LLC
Kate Warner – 970-520-7439 – Broker – Warner Real Estate LLC