July 22, 2016, 1:30 P.M.Atkinson Community Center, Atkinson, NE

Contact Waldo Realty for furtherinformation on this property.

402.336.4110www.waldorealty.net

Farms Ranches Sales & Exchanges in Nebraska, Iowa, South Dakota & Minnesota

P.O. Box 467O’Neill, NE 68763

AUCTION

320+/- AcresHolt County, Nebraska

DEEDED ACRES: 320+/- Acres

CERTIFIED IRRIGATED ACRES: 246.75 Acres

PROPERTY LOCATION: From Stuart, Nebraska, 2 miles West on US Hwy 20 then 3 miles South on Blacktop 465th Ave. and 1 mile West on 878th Rd to the subject property.

LEGAL DESCRIPTION: SW1/4 Section 21; NW1/4 Section 28, All in Township 30N, Range 16 West of the 6th P.M., Holt County, Nebraska. Additional Offering: The adjacent S1/2 Section 20, Township 30N, Range 16 West of the 6th P.M., Holt County, Nebraska could be added to purchase. Sellers plan to seed to grazing grass mix in the fall of 2016.

PROPERTY DESCRIPTION: This farm lies flat with sandy loam soils, 2 irrigated pivots, grain storage, excellent livestock winter protection and a home with several outbuildings. The livestock producer may want to consider this property for the potential of improved irrigated grasses and a great wintering location. This property is leased for the 2016 crop season at $225 per cropland acre. The lease terminates automatically December 15, 2016.

TRACT 1LEGAL DESCRIPTION: SW1/4 Section 21, Township 30N, Range 16 West of the 6th P.M., Holt County, Nebraska. DEEDED ACRES: 160+/- Acres

FSA INFORMATION:Irrigated Acres: 129.97Corn Contract Acre Base: 111.28 Yield: 136 Bu.Soybean Contract Acres Base: 12.05 Yield: 36 Bu.* Balance consists of native hay-land.

PROMINENT SOILS: Elesmere-Ipage Sandy Loam

IMPROVEMENTS: 1,469 sq. ft., 3 bedroom remodeled home with new windows, HVAC, and floor coverings. Detached garage, barn, open front steel building and several outbuilding. 60,000 Bu. 2009 Conrad grain bin w/ 10” unloading auger along with a 8,500 Bu. drying bin with shiver Compu-dry Command Center.

IRRIGATION EQUIPMENT: T & L PivotAllis Chalmers 2900 Power UnitBerkley PumpFertilizer & Fuel Tank

WELL INFORMATION:Registration#: G-056721AGPM: 1000Well Depth: 78’Pump Level: 11’Column: 4’

REAL ESTATE TAXES: $4,728.14

TRACT 2LEGAL DESCRIPTION: NW1/4 Section 28, Township 30N, Range 16 West of the 6th P.M., Holt County, Nebraska DEEDED ACRES: 160+/- Acres

FSA INFORMATION:Total Irrigated Acres: 118.78Irrigated Cropland Acres: 105.98Irrigated Meadow Acres: 14Corn Contract Acre Base: 105.98 Yield: 138 Bu.*Balance consists of native hay-land.

PROMINENT SOILS: Elesmere-Ipage Sandy Loam

IRRIGATION EQUIPMENT: T & L PivotIsuzu Power Unit (#11136077-52)Western Land Roller Pump (#241043)Amarillo Gearhead (#F76852)Fertilizer & Fuel TankOpen Front Cattle Shed

WELL INFORMATION:Registration #: G-056261GPM: 900Well Depth: 93’Pump Level: 20’Column: 8’

REAL ESTATE TAXES: $3,427.52

The above information obtained from sources deemed reliable. Waldo Realty is not responsible for errors or omissions.

Tract 2Tract 2

Tract 1Tract 1

SALE PROCEDURE: The property will be offered in (2) tracts as Buyer(s) “choice” and shall sell to the highest bidder. Potential buyers will have a one-time opportunity to buy the property. The bidding process will stay open until the Auctioneer announces the property “Sold”. Written offers will be entertained by the Sellers prior toAuction Date.

TERMS & CONDITIONS: The successful bidder(s) shall pay 10% of the total purchase price on the day of the auction & execute a real estate contract that states the entire balance is due and payable at closing. Seller shall furnish title insurance insuring merchantable title and transfer title by Warranty Deed. Final sale is not subject to buyer financing. The cost of title insurance shall be split equally between buyer(s) and seller. All mineral rights owned by the seller shall be conveyed to the buyer(s) at closing. No warranties of any kind are made except those stated in writing in the purchase agreements and deeds, even though due diligence was practiced by the seller and the seller’s agents. Any additional survey costs, if any, shall be the responsibility of the buyer(s). Potential buyer(s) are hereby advised that Waldo Realty and all representatives thereof represent the seller through-out the sale process. Any announcements made on the day of the sale supersede any previously given information. Final sale is subject toseller approval.

SELLERS: Michael W. & Stephanie R. Karo & Matthew & Jessica Karo