BUILDINGS: B-C 40 x 60 Steel Building, Heated, Insulated & Lighting. The building has a full cement floor, 12 ft. high X 16 ft. wide overhead door, 2 7 high x 9 wide overhead doors with openers, and 3 walk-in doors. This building was the former TLT Angus Sale Barn. The building has a small Sale Ring built in which has access doors at the rear for bringing cattle in and out during their Registered Angus sales.

Morton 42 X 72 Pole Building with 14 side-wall, 26 sliding double Equip. Door, full cement floor and 1 walk-in door.

Sale Prep Shed: 40x32x10 slant wall, wood/metal construction, 18 sliding door.

OTHER AMMENITIES: Pit-less Submersible Well, Underground Electrical service, several outside hydrants. Note: May be subject to easement for ditch water use on field between home & highway.

LEGAL DESCRIPTION: A part of the SW of Section 23, Township 23 North, Range 55 West of the 6th P.M., Scotts Bluff County, Nebraska more particularly described as follows: With reference to the Southwest corner of Section 23, thence S 864630 E on the South line of Section 23, a distance of 480.64 feet to the point of beginning, thence continuing S 864630 E on said South line, a distance of 347.54 feet, thence a deflection angle left of 893630, a distance of 307.10 feet, thence a deflection angle left of 901150, a distance of 298.85 feet, thence a deflection angle left of 731150, a distance of 129.70 feet, thence a deflection angle left of 130810, a distance of 184.64 feet to the point of beginning, containing an area of 2.34 acres more or less. EXCEPT the land conveyed in the instruments recorded in Deed Book 60, Page 543, and Miscellaneous Book 29, Page 61, in the Office of the Register of Deeds of Scotts Bluff County, Nebraska. Subject to existing easements, exceptions, limitations, restrictions, reservations and rights- of-way record. (Tax ID #010042792)

2012 REAL ESTATE TAXES: $1,792.94 (Home Tract)

Possession: The Buyer will have immediate possession on Closing.

Notice: The Home was built prior to 1978 and may contain Lead Base Paint. Buyers must perform an inspection (if required) prior to sale. The Buyer may be required to sign a Rural Living Acknowledgement understanding the conditions that may exist living in the country.

SALE DAY DEPOSIT on the Home Tract only: $10,000.00

TERMS: The land is to be sold for Cash. The land and the Home are not being sold conditional on the Buyers ability to secure a loan. All financial arrangements must be made prior to the Auction. The sale is subject to Seller confirmation; however, it is the Sellers desire to sell to the highest and best bidder. The Sale Day Deposit will be made day of sale upon being the successful bidder which will require signing the Purchase Agreement.

The deposit will be applied to the purchase price with the balance due at closing on or before March 14, 2012.

TITLE: The Sellers will convey property by Warranty Deed supported by Title Insurance, showing good and merchantable title at a cost of one-half to Seller and one-half to Buyer.

TAXES: Seller agrees to pay customary closing costs and taxes to December 31, 2012.

MINERALS: The Sellers are reserving a One-Half Non-Participating Royalty Interest (of which they now own) in Oils, Gases and Minerals for 20 years from date of Deed.

POSSESSION: Buyer will have full possession on closing subject to the Tenants rights on the farmground.

Tracts Will Be Offered Separate Or Together.