Top Producing South Central Washington County Non-Irrigated Unimproved Farmland Auction

TOP PRODUCING SOUTH CENTRAL WASHINGTON COUNTY NON-IRRIGATED UNIMPROVED FARMLAND AUCTION

* * * 131 ACRES SELLING * * *

FRI, FEB. 25, 2011  10:00 AM

BLAIR, NE: Auction held at the Blair American Legion located at 103 S. 12th Street in Blair, NE.
FARM LOCATION: The Farm is located on the Northwest edge of Washington, NE. just 5 short minutes West of Bennington, NE.

This Tremendous Farm features nearly 131 acres of Top-Producing Farmland with Long-term Development possibilities! This farm features beautiful gently sloping, well drained topography with terrific access along the entire East border and development potential, just across the street from the town of Washington! If you are in the Market to add a quality Farm to your current operation with the potential of future development, DO NOT MISS THIS AUCTION!

LEGAL DESCRIPTION: The South Half of the Northeast Quarter (S ½ NE ¼) AND Tax Lots 8 & 11, all in Section 31, Township 17 North, Range 11 East of the 6th P.M., Washington County, NE., containing 131.36 acres, more or less.

2009 REAL ESTATE TAXES: $ 4,491.58

FARM SERVICES AGENCY (F.S.A) INFORMATION:

FARM NUMBER   - 593 
FARMLAND ACRES   - 127.0 Acres
TILLABLE ACRES   - 125.8 Acres
CORN BASE    - 61.3 Acres
YIELD (Direct)   - 90 Bushels
Yield (CC)   - 108 Bushels
SOYBEAN BASE   - 61.3 Acres
YIELD (Direct)   - 27 Bushels
Yield (CC)   - 33 Bushels

TERMS OF THE AUCTION: An Earnest Deposit of $ 50,000.00 will be required on Auction Day. The Balance will be due on/before March 25, 2011. Title Insurance & Escrow Closing Fees will be divided equally between Buyer and Seller. Marketable Title. Agents Represent Sellers. 1031 Tax Exchanges Welcome.

POSSESSION: Full Possession will be given to new Buyers on March 1, 2012 (Tenant in Place for 2011 Crop Year).

NOTE: Make your plans now to attend this Top Quality Estate Auction. Due to the recent passing of Hulda Borgelt, the family has made the decision to sell the Farm at Public Auction to settle the Estate. If you are in the Market for a Top Quality Farm with Long-term Development potential, DO NOT MISS THIS AUCTION! For More Info or Brochure, Please contact the Auction Company at 1 800 301-8805 or visit the website at www.nitzauctions.com.

HULDA BORGELT ESTATE – ROBERT BORGELT, PR