Tract 2: 158.78+/- Acres Boone County, NE

318.78+/- Acres Boone County, Nebraska

Selling in 2 Tracts On Our

UNRESERVED ONLINE AUCTION

November 3, 2022

Bidding opens October 20, 2022, and ends November 3, 2022, at 10:00 a.m. CDT

Tract 2: 158.78+/- Acres

Description: This farm is a pivot irrigated quarter with a 9-tower Zimmatic pivot built in November 2010, according to Lindsay Mfg. A John Deere 6-cylinder diesel unit powers it. This farm has 135 certified irrigated acres, according to the Lower Loup NRD at Ord. The farm has been in alfalfa for several seasons in years past and has been in soybean and corn rotation since. It is in soybeans this year.

The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid.

Plan to Attend the Informational Meeting & Auction:

Cardinal Inn

2588 NE-14

Albion, NE 68620

BigIron Realty Agents will be at the Cardinal Inn, in Albion, NE, on November 3, 2022, from 8:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will be here 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 20, 2022, and ending November 3, 2022, at 10:00 a.m. CDT. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a a five minute period where no bids are placed. 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 call800-887-8625 for assistance.

Legal Description: SW ¼Section 32-T18N-R8W Boone County, NE, containing 158.78+/- acres.

2021 Taxes:   $6,066.38

Land Location:  From Cedar Rapids, NE, go 6 miles west on Hwy 56 to 110^th Ave. Proceed south 3 ½ miles. Tract 2 is on the southeast of this corner.

Agents notes; Both quarters have been farmed as one for many years. Boone County pivot irrigated farms don't come up for sale often, especially two lying contiguous. Both farms are bordered by a well-maintained gravel road to the west and not far from State Hwy 56, a blacktop road. They are close to local grain markets, as well. Add one or both of these productive farms to your operation with the Power of BigIron!

Investors: The current tenant will stay on if needed.

Owner: Andrew M. & Sherri L. Zoucha

Title Services: Boone County Title, Albion, Nebraska.

For more information, contact listing agent: Rex Mahoney, 402-649-1816

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 per tract, to be payable to BigIron Realty Trust Account. 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 14 2022. 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. Property will not be sold subject to financing. Possession is open for the 2023 season. Buyer and Seller agree to cooperate on a 1031exchange; however, this sale must close in 2022. 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.