Tract Four: 37ACRES +/- NE1/4NW1/4 26-23-54

This tract will make a smaller hobby farm or irrigated grazing parcel in the future. The CREP Land is relatively flat and has good soils irrigated crop land (when expired) or, irrigated pasture.

LEGAL DESCRIPTION: NE1/4NW1/4 Section 26, Twp. 23N, Range 54 West of the 6th PM in Scotts Bluff County, Nebr.

2011 REAL ESTATE TAXES: $697.30 Plus

TAX RECORDS: 37 Acres +/- 31.4 acres Irrigated Farm ground, 8 acres +/- Grass with the balance in Waste, Roads and Home-site.

IRRIGATION RIGHTS TAXES: 40 acres under water right at 27.00 per acre per year paid in advance. The estimated annual Irrigation tax on the CREP land is $1,040.00. (Note under the CREP contract these taxes are still due annually.)

FARM SERVICE AGENCY:

~FSA indicates 33.78 acres active cropland.

~17 acres+/- CCC-505 CRP Reduction (like corn base on hold)

~CREP Contract # 34...