Auction Information
Fairbury Farm Real Estate Auction
Fairbury Farm is located in historic southeast Nebraska, just north-east of Fairbury - the county seat of Jefferson County. It is in the immedi-ate area of both the Oregon Trail and the Pony Express Trail.
Fairbury Farm sells at Public Auction at Jefferson County Fairgrounds. The Seller reserves the right to reject bids, but fully expects to sell the property. Fairbury Farm has excellent access provided by county roads (570 Avenue on the west, 714 Road on the east). The Title Insurance Commitment, and Purchase Agreement are available from Agri Affiliates prior to the auction.
Legal description is the SW1/4 Section 31-T3N-R3E, Jefferson County. 151.8 assessed acres; 2014 taxes $7,537. Excellent soils are primarily Class II, Crete silt loams (71%). Terrain is slightly undulating, with some terraces. 148.4 acres FSA cropland: Sorghum Base 102.9 acres at 72 bu; Wheat Base 19.8 acres at 34bu;...
Legal description is the SW1/4 Section 31-T3N-R3E, Jefferson County. 151.8 assessed acres; 2014 taxes $7,537. Excellent soils are primarily Class II, Crete silt loams (71%). Terrain is slightly undulating, with some terraces. 148.4 acres FSA cropland: Sorghum Base 102.9 acres at 72 bu; Wheat Base 19.8 acres at 34bu; Soybeans 21.8 acres at 22 bu.
Terms & Conditions
Terms - This cash sale requires a 15% earnest deposit at signing of the Purchase Agreement immediately following the Auction. The balance of the purchase price is payable in certified funds at Closing on April 16, 2015. 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 will be 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 the adequacy of any portion of the property for any purpose. Seller reserves the right to reject all bids.
Possession - Full possession at Closing.
Taxes - 2014 real estate taxes paid by Seller; 2015 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 farm sells without regard to acres. No warranty is expressed or implied as to exact acres. The legal descrip-tion is subject to existing fence/field boundaries.
USDA-FSA - Historic Base Acres pass to Buyer, subject to the County FSA Committee approval. Base acres and yields are being updated for the property before the auction.
NRD - The property is located in and subject to rules and regulations of the Little Blue Natural Resources District.
Sellers : Cleo Austin,
J.R. Sanders, Tom Sanders
Listing Agent :
Adam D. Pavelka 402/984-7744
Hastings 402 / 519 - 2777
Kearney Office 308/234-4969
North Platte Office 308/534-9240
Information in our brochure has been obtained from sources deemed reliable. We have no reason to doubt the accuracy, but the information is not guaranteed. Pro-spective Purchasers should verify all information. Announcements day of sale take precedence over printed or oral statements. Agri Affiliates, Inc. and all agents of Broker are acting as Agent of the Seller. Maps provided by Agri Affiliates are ap-proximations only, to be used as a general guideline, and not survey accurate.
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