LOCATION: From the intersection of 7th Street (34C) and Highway 41 North of Adams, NE 3 ¼ miles West to South 110th Road, then ¼ Mile South to the Northeast corner of the tract.
LEGAL DESCRIPTION: The South Half (S ½) of the Northeast Quarter (NE ¼), Section Twenty-Five (25), Township Six North (T6N), Range Seven East (R7E) of the 6th Principal Meridian, Gage County, Nebraska subject to easements and restrictions whether of record or not.
GENERAL DESCRIPTION: This tract contains approximately 47 acres of non-irrigated cropland. The balance is creek, timber, and road. It contains approximately 33.66 acres of Class II soils, 3 acres of Class III soils, 11.09 acres of Class IV and 30.63 acres of Class VI soils. The natural spring, timber, and creek provide habitat for abundant wildlife.
FSA INFORMATION: FSA data shows there’s approximately 47.42 acres of Effective DCP Cropland. DCP Crop Data is as follows:
Crop
Program
Base Acres
PLC Yield
Wheat
DCP
1.36
33
Corn
DCP
17
115
Soybeans
DCP
17
34
TAXES: Seller shall be responsible for the 2025 and all prior years’ taxes. Buyer will be responsible for all subsequent years’ taxes. The 2025 real estate taxes were $1,692.24 with the exemption.
MINERAL & WATER RIGHTS: Any mineral and water rights owned by the Seller will transfer to the Buyer.
INSPECTION: The ground is open for inspection with respect to tenant. Seller and Auction Company are not liable for accidents or loss during inspection.
CLOSING: Closing shall be on or before May 29th, 2026. The escrow closing will be conducted by Charter Title.
POSSESSION: The farm is rented for 2026. Buyer shall be granted landlord’s possession upon closing and receive the crop share for 2026.
MANNER OF SALE: The farm will be sold dollars per acre multiplied by 80.
TERMS: An earnest deposit equal to 20% of the purchase price shall be paid the day of the auction upon signing the purchase agreement. The balance shall be paid on closing in the form of certified funds. Title insurance and escrow closing fees shall be shared equally between Buyer & Seller. Any lender’s policy or required endorsements shall be the expense of the Buyer. Charter Title shall be the title insurance company. The farm is not being sold contingent on loan approval. Make all financial arrangements prior to the auction. The property is sold in “AS IS” condition with no survey, warranties, inspections, repairs, or treatments provided or paid for by the Seller or Real Estate Firm. Buyers are encouraged to do their own due diligence. Schultis & Son, Inc. are agents of and represent the Seller in these transactions. Any announcements made the day of the auction take precedence over any information provided in print or otherwise.