Nebraska City, NE – Otoe County Land Auction – NE 1/4 26-8-13 (Belmont) Tract 1 of 2
5633 I Road
Nebraska City , NE 68409
Auction Location
5633 I Road
Nebraska City , NE 68409
General Description
This productive quarter is located southwest of Nebraska City, NE at the southwest corner of 58 & K Road (acreage not included). Good soils, with the majority being Yutan, Pawnee and Aksarben silty clay. Terraces and waterways in place. Auction to take place at Pin High Club House - Table Creek Golf Course, 5633 I Road, Nebraska City, Nebraska 68410, Sale date is October 25th at 6:00 PM.
FSA Info: Tract 1 DCP Cropland: 140.61 acres. Corn: 58.5 AC/100 bu.; Wheat: 17.5 AC/35 bu.; Soybeans: 39.6 AC/30 bu.
Method of Sale: Tract 1 will sell in its entirety by Public Auction with Reserve. Tract 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 cashier’s 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 Assessor’s office.
Title, Easements and Mineral Rights: Seller shall furnish a Warranty Deed with title insurance policy. The cost of the Owner’s 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 Buyer’s 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 SELLER’S CONFIRMATION
Announcements from the auction block will take precedence over printed material.
Information on printed material, though deemed to be accurate, is not guaranteed.
For questions on the property, or to arrange an inspection, contact Mark Easter at (800) 999-2030 or (402) 297-1212.
Please make your financial arrangements before the auction.