Nebraska City, NE 68410 - Otoe County

TRACT 2 of 2

Legal Description:

The S NE of Section 24, Township 8 North, Range 13 East of the 6th PM, Otoe County, Nebraska

Deeded Acres: 73.33 Acres

FSA Info: DCP Cropland: 69.59 acres. Corn: 26.8 AC/100 bu.;

Soybeans: 22.1 AC/30 bu.

2023 Taxes: $4,500.18

Very productive short 80 just southwest of Nebraska City (1/4

mile south of 60th and J Road). Predominately Yutan Silty Clay

and Nodaway Complex soils. Terraces and waterways in place.

Method of Sale: Each Tract will sell in its entirety by Public

Auction with Reserve. Tracts will not be split.

Taxes: Seller shall pay all 2023 taxes. Taxes for 2024 and beyond

shall be the responsibility of the Buyer.

Terms and Conditions: 10% of total purchase price down the day of the sale. Buyer shall be required to sign a cash, non-contingent offer to purchase

immediately following the sale. The remaining balance due shall be paid with a cashiers check at closing. The closing shall be on December 5, 2023.

Possession: Full possession shall transfer to Buyer upon closing, or after harvest, whichever shall happen last. The 2023 crop and all FSA payments for

2023 are property of the Seller/Tenant. Buyer shall have full possession for 2024 Crop Year.

Surveys and Boundaries: Seller will not survey the parcel selling. Acres provided are as of record at the Otoe County Assessors office.

Title, Easements and Mineral Rights: Seller shall furnish a Warranty Deed with title insurance policy. The cost of the Owners title insurance policy and

escrow closing fees shall be equally divided between buyer and seller. Any policy endorsements and/or survey requirements shall be at the Buyers

expense. All easements filed of record shall be shown on the Title Commitment. A copy of the Title Commitment will be available upon request. All

mineral rights owned by the Seller shall be conveyed with the property upon closing.

PROPERTY WILL SELL TO THE HIGHEST BIDDER WITH SELLERS CONFIRMATION (RESERVE)