Procedures

Swanson Farm will be offered as three individual Parcels; a Combination of the two pivots; or as a total Unit of the complete farm. Two rounds of bidding will occur, with additional rounds as required for the pivot Combination and Unit. Purchase Agreement, Supplemental Brochure, and the Title Insurance Commitment are available from Agri Affiliates for your review prior to the auction. 

Terms & Conditions

Terms - This cash sale requires 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 or before December 22, 2009. The Purchase Agreement will not be contingent on financing. If Purchaser fails to Close on the Closing date due to financing, Seller may declare Purchase Contract void, Purchaser’s earnest deposit forfeited to Seller; or at the Seller’s Option, Buyer shall pay interest at the rate of 12% from the date of the scheduled Closing until the actual Closing.  Seller to convey title by Warranty Deed; Title Insurance evidencing merchantable title. Cost of the Title Insurance and a Closing Protection Letter by the Title Company shared 50/50 by Seller/Purchaser. 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 the water rights, water availability, irrigation equipment or building improvements.  

Possession - At Closing Parcels 1 & 2; December 29, 2009, on Parcel 3

Taxes - 2009 real estate taxes paid by Seller; 2010 paid by Purchaser. Estimated advertised taxes based on 2009 values & 2008 levy.

Minerals - All Owned Oil, Gas, and Mineral rights pass to Purchaser. 

Acreages - Reported acreages were obtained from Lincoln County USDA-FSA office, and County Assessor. Property sells without regard to acres.  If parcels sell separately, a survey will be completed for legal descriptions only. Cost of survey to be paid by Seller. No warranty is expressed or implied as to exact acres.  Broker has attempted to determine the individual Parcel acreages to the best of his ability. Legal descriptions subject to existing fence/field boundaries. 

USDA-FSA - Approximate Base Acres by Landowner Designation, will not be negotiated, subject to County FSA Committee approval. 

NRD - Swanson Farm is in the Twin Platte Natural Resource District; and is subject to all regulations of that district.

Seller : Mardee Swanson

Contact Broker for Supplemental Brochure

Listing Agent :  Duane McClain

Mike Polk - Loren Johnson - Bruce Dodson - Jerry Weaver

Appraiser - Tony Eggleston

Broker John Childears  -  North Platte, Nebraska

308 / 534 - 9240

Gering Office  308/633-5505  Jerry Sloan

Kearney Office  308/234-4969  Bart Woodward

 www.agriaffiliates.com