Tract 5

Lot Number:5
Completed
Start Time:6/6/2025 1:00:00 PM
Bid Count:0
Winning Bidder:
Starting Bid:$500.00/Acre
Bid Increment:$50.00
Current Bid:$0.00/Acre x 80 Acres
80 Acres

Dryland Farm

Total Acres (Per Assessor) – 80 +/-
• Dryland Acres – 74 +/-
• Other Acres – 6 +/-

Estimated Property Taxes – $1,668.00

Legal Description

W1/2NW1/4 Section 11-T1N-R22W, Furnas County, NE

Cash Rent Lease: Buyer to be assigned the current cash rent lease.  Seller to retain the first one-half (1/2) ($2,701.00) cash rent and Buyer to receive the second one-half (1/2) ($2,701.00) cash rent when due from tenant.

No donations for this lot

AgWest Land Brokers, LLC is proud to offer 2,059+/- acres at auction in 10 individual tracts.  The farm consists of productive non-irrigated and irrigated cropland, hardland pasture, and a beautiful home and shop.  With tracts ranging from 6+/- acres to 642+/- acres there is an opportunity for any land buyer.  All tracts will be offered individually with no combinations.  Don't miss this opportunity to add acres to your current farming operation or land portfolio.

AUCTION TERMS & CONDITIONS

PROCEDURE: This is an Auction for 2,059 more or less acres in Furnas County, NE. The 2,059 more or less acres will be offered in ten (10) individual tracts. No combinations will be offered.  The live auction will be held on June 10th, 2025, at 1:00PM, at the Ella Missing Community Center, 411 6th St., Arapahoe, NE 68922.  Online bidding will begin on June 6th, 2025, at 8:00AM and close at the end of the live event.

ACCEPTANCE OF BID PRICES: The successful bidder(s) will sign a purchase agreement at the auction site immediately following the close of the auction.  Final bids are subject to court approval.  Hearing date to approve the sale has been set for June 26th, 2025.

FINANCING: Sale is NOT contingent upon Buyer(s) financing. Buyer(s) should arrange financing, if needed, prior to the auction date.

EARNEST PAYMENT: Twenty-five percent (25%) earnest payment on the day of the auction, upon signing a purchase agreement immediately following the close of bidding. The payment may be paid in the form of personal check, business check, or cashier’s check. All funds will be deposited and held by the closing agent. The remainder of the purchase price is payable in guaranteed funds or by wire transfer at closing.

CLOSING: The sale closing will take place on or before July 10th, 2025, or as soon as applicable.

POSSESSION: Possession will be given at closing.  Subject to current lease and tenant’s rights.

PROPERTY CONDITION: Property and equipment to be sold AS IS—WHERE IS and no warranty or representation, either express or implied, will be given to any bidder(s) or Buyer(s). Buyer(s) shall release Seller of any and all liability.

EASEMENTS AND LEASES: Sale of the property is subject to any and all easements of record and any and all leases.  Seller to retain the first half of the 2025 cash rent.  Buyer to receive second half of the 2025 cash rent from the tenant when it is due.

MINERAL RIGHTS: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

TAXES: 2024 and prior years general taxes paid by Seller. First half of the 2025 general taxes to be paid by the Seller.  Second half of 2025 and future general taxes will be the responsibility of the Buyer(s).

CONVEYANCE INSTRUMENT: Seller shall execute a Referee’s Deed and/or a Trustee’s Deed (and Bill of Sale if personal property is included) transferring and conveying said property to Buyer(s), free and clear of all liens and encumbrances except easements or restrictions visible or of record.

TITLE: Seller shall provide an Owner’s Policy of Title Insurance as evidence of marketable title. The cost of the owner’s title policy and the escrow fee shall be divided equally between the Seller and Buyer(s).

CLOSING EXPENSES: Seller shall be responsible for the documentary stamp tax created by virtue of this transaction to enable the recording of the Deed. Buyer shall be responsible for the other filing fees for purposes of recording the Deed. Closing agent fee shall be divided equally between the Seller and Buyer(s).  McCook Abstract Company will be the closing agent.

ONLINE/ABSENTEE BIDS: Bidding via online, cell phone, and/or on someone’s behalf is available. Pre-registration and approval are required by AgWest Land Brokers, LLC prior to the auction. If you have trouble placing your online bid, immediately call Jeff Moon at (308) 627-2630 for assistance in placing your bid.

AGENCY: AgWest Land Brokers, LLC and its representatives are exclusive agents of the Seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this auction's promotional materials and marketing collateral is believed to be accurate but is subject to verification by all parties relying on it. No liability for accuracy, errors, or omissions is assumed by the seller, broker, auction company, or any of their representatives. All sketches, maps, dimensions, square footage and acreages are approximate and based on legal descriptions, assessor information, FSA information or aerial photographs, and maps are for illustration purposes only—not intended to represent actual property lines. The property is being sold “AS IS, WHERE IS,” with no warranties or representations, expressed or implied. Each potential bidder is solely responsible for conducting independent inspections, investigations, inquiries, and due diligence concerning the property or asset before bidding. Online bidding will be available on our website; for assistance registering, call (308) 627-2630. If you encounter issues placing an online bid, which may be due to internet or software errors, call Jeff Moon at (308) 627-2630.  AgWest Land Brokers, LLC, its affiliates, or representatives are not liable for the functionality of the bidding platform, and in the event of technical difficulties, the auction company reserves the right to extend, continue, or close bidding. The broker and auction company also reserve the right to preclude any person from bidding based on credentials or other concerns, and all bidding increments and auction conduct are at the discretion of the auctioneer. All decisions made by the auctioneer are final, and any announcements made during the auction will take precedence over previously printed or stated material.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the auction information.

NOTE: Videotaping, flash photography, and/or public announcements will be allowed on auction day ONLY with prior approval from AgWest Land Brokers, LLC.

SELLER: Susan J. Bayliss, Trustee of the Ruth E. Clason Living Trust dated July 13, 2011, Steven P. Vinton, Referee

Nebraska
United States