651.784+/- Acres Boone County, Nebraska Selling in 4 Tracts On Our UNRESERVED ONLINE AUCTION October 18, 2022 Bidding opens October 4, 2022, and ends October 18, 2022, at 10:00 a.m. CDT The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments. Plan to Attend the Informational Meeting & Auction: Cardinal Inn 2588 State Hwy 14 Albion, NE 68620 BigIron Realty Agents will be at the Cardinal Inn in Albion, NE, on October 18, 2022, from 9:00 a.m. CDT until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will be there to assist Buyers with registering to bid online. You do not have to be present to bid online, but you are required to be available by phone. BIDDING PROCESS: You may place bids on this farm for 14 days beginning October 4, 2022, and ending October 18, 2022, at 10:00 a.m. CDT. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any of the coupled tracts receives a bid in the last 5 minutes and close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance. *Auctioneers note* All of these farms were well taken care of for many years by the same tenant. They have a history of manure being applied and are just minutes from Albion, NE. The tenant does have possession of these properties for the 2023 crop year. The Sellers will retain 100% of the 2022 rent income, and the new owners will get 100% of the 2023 rent income. See the website for details on the lease arrangement. Tract 1: 160+/- Acres General Description: This tract is a flat to moderately sloping, pivot irrigated farm. The sale includes a 9-tower Zimmatic pivot, John Deere power unit w/generator, 100HP Randolph gearhead w/pump, and a 1,000-gallon fuel barrel. Legal Description: The NW ¼ of Section 13-20-6W Boone County, NE, containing 160+/- acres. 2021 Taxes: $6,311.30 Land Location: From the intersection of Hwy 91 and 275th Avenue just east of Albion, go a ½ mile north. Tract 2: 148.254+/- Acres General Description: This property lays very good, with most of it being flat bottom ground. A new pivot was recently installed. The sale includes an 8-tower Zimmatic pivot, Case IH power unit w/generator, gearhead w/pump, and a 1,000-gallon fuel barrel. Please note, if a survey is needed to locate the boundary line on this tract, the Seller will complete a boundary line locate at their expense before closing. Legal Description: Part of the SE ¼ of Section 13-20-6W Boone County, NE, containing 148.254+/- acres. 2021 Taxes: $6,193.76 Land Location: The property is 2 ½ miles east of Albion, NE, on Hwy 91, just off the corner of Hwy 91 and 275th Avenue. Tract 3: 143.53+/- Acres General Description: Here’s another pivot irrigated quarter that lays gently to moderately sloping and is located right on Hwy 91. The sale includes an 8-tower Zimmatic pivot, Case IH power unit w/generator, gearhead w/pump, and a 1,000-gallon fuel barrel. Please note, if a survey is needed to locate the boundary line on this tract, the Seller will complete a boundary line locate at their expense before closing. Also, the tenant currently owns 40.5 acres of irrigation rights, which are not selling with the property. This farm will sell with a total of 81 irrigated acres. Legal Description: Part of the SW ¼ of Section 18-20-5W Boone County, NE, containing 143.53+/- acres. 2021 Taxes: $5,826.34 Land Location: The property is 3 miles east of Albion, NE, on Hwy 91, just off the corner of Hwy 91 and 280th Avenue. Tract 4: 200+/- Acres General Description: This is another nice laying farm being mostly flat. The neighbor does water a portion of the property with their pivot. There is no obligation from this neighbor to continue to supply the irrigation. Included in the sale are an 8-tower Zimmatic pivot and a 75 HP electric motor w/pump. Legal Description: The NW ¼ & the SW ¼ of the NE ¼ of Section 33-20-5W Boone County, NE, containing 200+/- acres. 2021 Taxes: $7,976.70 Land Location: From the intersection of Hwy 91 and 300th Avenue just east of Albion, NE, go 2 miles south on 300th Avenue. Owner: Geraldine M. Keehn Trust Cornerstone Bank Trustee & Farm Manager 402-363-7411 James A. Fehringer, Attorney For the Trust For more information, contact listing agents: “Your Farm & Ranch Specialists” Jim Stock 402-920-0604 or John Stock 402-920-3180 Terms: The successful Buyers will be required to enter into a written purchase agreement immediately after the sale with a $150,000.00 non-refundable down payment to be payable to BigIron Realty Trust Account. The purchase agreement will be posted to the website before the sale closes for potential Buyers to review. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before December 1, 2022. Landlord’s possession will be granted at closing and full possession will be granted on March 1, 2024. Seller will provide marketable title to the Buyer, evidenced by title insurance; the title insurance and closing costs are split 50/50 between the Buyer and Seller. The Seller will pay the 2022 real estate taxes, and the Buyer will pay the 2023 real estate taxes. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the Real Estate Agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the Seller.