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NW ¼ 28-13-8 Lincoln Co. The farm is located 3 miles North of I70 Ellsworth exit on 15th Road that turns into 150 Road on a gravel road. There are 167.91 farmland acres, with 99.90 crop acres. 71.63 acres pasture, 6.10 acres of building site with a 1 ½ story older home, 1435 sq. feet, 3 bedroom, 1 bath, stone barn, machine shed, granary, chicken house. There is a well, septic system, propane & REA. Seller will do no inspections or repair on buildings, well or septic. All inspections made by purchaser must be done before Oct. 16, 2024. The bases are wheat 17.88 acres with 35 bu yield; grain sorghum 5.72 acres with 55 bu yield; soybeans 2.10 acres with 2 bu yield for a total base acres of 25.70. Taxes: 2024 taxes will be paid by seller, 2023 taxes were $2,624.58. Possession: Possession on the pasture, buildings and open ground will be upon closing. Possession of 45 acres planted to wheat will be after 2025 wheat harvest. The purchaser will receive cash rent of $50.00 per acre on the land planted to wheat. Purchaser will pay renter for chemical that has been applied to 20 acres open ground. Terms: 10% of purchase price as down payment day of auction. The balance will be paid upon closing on or before December 2, 2024. Down payment will be escrowed with Land Home Title. Escrow fees will be split 50/50 between seller and purchaser. Title insurance will be used. The cost will be split 50/50 between seller and purchaser. Thummel Real Estate & Auction LLC is acting as seller agent. All statements made day of auction take precedence over printed material. ROSEMARY E. RATHBURN ESTATE
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