Sale Name: Ruth E. Clason Living Trust Auction
LOT 8 - Tract 8
Description

Dryland/Irrigated Farm

Total Acres (Per Assessor) – 305 +/-
Dryland Acres – 69.75 +/-
Irrigated Acres – 194.4 +/-
Grassland Acres – 31.85 +/-
Other Acres – 9 +/-

Estimated Property Taxes – $7,709.46

Occupation Tax (Estimated) – $1,944

Legal Description

W1/2SW1/4 Section 7-T1N-R21W,

E1/2SE1/4 Section 12-T1N-R22W,

NE1/4NE1/4 & Pt. SE1/4NE1/4 Section 13-T1N-R22W,

NW1/4NW1/4 & SW1/4NW1/4 & Pt. E1/2NW1/4 Section 18-T1N-R21W, Furnas County, NE

Livestock Water Well/Tanks: Historically water has been provided by a well (house well) located on the E1/2SE1/4 Section 12, T1N, R22W.  Buyer understands that this water may not be provided or available to subject property after closing.  Tenant owns water tanks that hold water.

Cash Rent Lease: Buyer to be assigned the current cash rent lease.  Seller to retain the first one-half (1/2) ($23,392.92) cash rent and Buyer to receive the second one-half (1/2) ($23,392.92) cash rent when due from tenant.

Easement:  Subject to an easement for use and maintenance of a house water well located on the property that provides water to a different tract.

Irrigation Information
Located in the Lower Republican Natural Resource District and has certified irrigation rights for 194.4 acres. There is a water allocation of 45 inches for a 5-year period. For the 2023-2027 period, 42.4 +/- inches remain (per NRD).

Irrigation Equipment
• 1996, 7 tower Reinke pivot
• Well G-014198A – drilled in 2003, 300 gpm, 18′ static level, 42′ pumping level, 52′ well depth
• Well G-014198B – drilled in 2014, 950 gpm, 42′ static level, 58′ pumping level, 75′ well depth
• Well G-014198C – drilled in 1980, 350 gpm, unknown static level, unknown pumping level, unknown well depth

**Please note:  Irrigation Well Gallon Per Minute (gpm) stats are from the Nebraska DNR website.  It has been mentioned by tenant that current gpm pumping stats are lower than what is on the Nebraska DNR website.

The tenant owns the AgSense pivot monitoring equipment.

*Buyer to pay for any pivot or well repair needed after closing.

Quantity: 1