Auction Information
Sitorius Farm is located in T11N-R25W
Parcel 1: SW1/4 Section 1, and that part of S1/2NW1/4 lying south of the Gothenburg Canal. Estimated 188 tax assessed acres : 174 FSA cropland; estimated 2011 taxes $7,525. 172 acres surface rights from Gothenburg Canal, 40 horsepower GE Motor pumps directly to the pivot; well registration G-015095 drilled 2012 : 295 ft depth, 15 ft static, 47 ft pumping level tested 1,300 gpm at drilling, US Motors 50 hp - connected directly to the Reinke corner pivot which includes GPS guidance. Includes 173.9 Certified Irrigated Acres in Central Platte NRD.
This parcel is Certified Organic, with dual source irrigation water.
Cozad & Hord silt loam soils, 0-1% slope, 96% Class I.
Older improvements include a nice steel shop, several grain bins, and a submersible livestock well. Uninhabitable house, other buildings would typically be removed so the corner pivot...
Older improvements include a nice steel shop, several grain bins, and a submersible livestock well. Uninhabitable house, other buildings would typically be removed so the corner pivot can complete a full revolution.
Parcel 2: Part of S1/2NW1/4 Section 1 lying north of the Gothenburg Canal. Estimated 54 tax assessed acres : 53.5 FSA cropland; estimated 2011 taxes $1,950. Well registration G-101991 drilled 1999 : 229 ft depth, 20 ft static, 70 ft pumping level tested 1,000 gpm at drilling. Has 54.8 Certified Irrigated Acres in Central Platte NRD.
Irrigates north to south, with 1-time lay down of gated irrigation pipe.
Cozad & Hord silt loam soils, 0-1% slope, 100% Class I.
Procedures
Sitorius Farm includes two irrigated parcels, selling at Absolute Auction. Excellent access is just off of I-80, 1 mile east of Gothenburg on paved county road - just north of Frito Lay. This is a Certified Organic Farm. The Purchase Agreement, and Title Insurance Commitment are available from Agri Affiliates prior to the auction.
Terms & Conditions
Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the auction. Balance of the purchase price is payable in certified funds at Closing on December 28, 2012. There is no contingency for financing. Sellers will convey title by Warranty Deed; with Title Insurance evidencing merchantable title. Cost of the Title Insurance and an Insured Closing by the Title Company shared 50/50 by Seller/Buyer. Property sells subject to easements, rights-of-way, zoning, and restrictions of record; Free and clear of all liens. The property sells in as-is condition; No warranty is expressed or implied as to adequacy of water rights, water availability, or irrigation equipment.
Possession - Full possession at Closing; reserving the right to conduct a personal property auction at the building site prior to March 24, 2013; and subject to use of the grain bins until May 1, 2013.
Taxes - All 2012 real estate taxes paid by Seller; 2013 by Buyer.
Minerals - All Owned Oil, Gas, and Minerals pass to Buyer.
Acreages - Reported acreages were obtained from the County USDA-FSA office, and County Assessor. The Parcels sell without regard to acres. No warranty is expressed or implied as to exact acres. The legal descriptions are subject to existing fence/field boundaries.
USDA-FSA - Historic Base Acres pass to Buyer by parcel, subject to County FSA Committee approval. Corn Base 216.5 acres at 140 bushel.
NRD - The property is located in and subject to rules and regulations of the Central Platte NRD.
Seller : William H Sitorius Family
Listing Agent : Jerry Weaver 308/539-4456
Mike Polk - Loren Johnson - Bruce Dodson
Tony Eggleston, Appraiser - Chase Dodson, Manager
Broker John Childears - North Platte, Nebraska
308 / 534 - 9240
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