ROSA PETERSON TRUST
960 Acre Webster Co., NE
LAND AUCTION
Thursday, January 15, 2009, 10:00 a.m.
Auction will be held at the Quality Inn/Garden Cafe Banquet Facility
2201 Osborne Drive East, Hastings, NE

Live on line bidding will be available with  

The Northwest Quarter (NW ¼) of Section Twenty-Two (22), Township Three North (T3N), Range Twelve West (R12W) of the 6^th P.M., Webster County, Nebraska (160 Acres more or less). This 160 acre tract is a combination of non-irrigated farm land, native grass and CRP land. The terrain is level to rolling and is located on an excellent county road for access.

This tract will not be offered in combinations with other tracts.

The Southwest Quarter (SW ¼) of Section Eighteen (18), Township Three North (T3N), Range Eleven West (R11W) of the 6^th P.M., Webster County, Nebraska (160 Acres more or less). This is a rolling 160 acre tract with native grass, CRP and excellent habitat for deer as well as turkey in the tree covered bottoms. It is located on a minimum maintenance road with little traffic. This is an excellent hunting as well as income property.

This tract will not be offered in combinations with other tracts.

The Southeast Quarter (SE ¼) of Section Seventeen (17), Township Three North (T3N), Range Twelve West (R12W) of the 6^th P.M., Webster County, Nebraska (160 Acres more or less). This is a rolling 160 acre tract that includes a combination of native grassland, treed areas and CRP acres. This tract is also a very productive tract for habitat and haying. Access is by minimum maintenance road.

Tract #3 will be offered separately and in desired combinations with Tracts 4, 5 & 6.

The Southwest Quarter (SW ¼) of Section Seventeen (17), Township Three North (T3N), Range Twelve West (R12W) of the 6^th P.M., Webster County, Nebraska (160 Acres more or less). This tract is a combination of CRP, native grass land and treed habitat areas. This is a very productive tract with minimum maintenance road access.

Tract #4 will be offered singularly and in desired combinations with Tracts #3, 5 & 6.

The Northwest Quarter (NW ¼) of Section Seventeen (17), Township Three North (T3N), Range Twelve West (R12W) of the 6^th P.M., Webster County, Nebraska (160 Acres more or less). This 160 acre tract is a great mix of native grass land, treed areas and CRP. It is an excellent habitat property as well as a great hay producer.

This tract will be offered singularly and in desired combinations with tracts 3, 4 & 6.
Access to Tract #5 is through Tract #4 or a neighboring property to the east of Tract #5.

The Northeast Quarter (NE ¼) of Section 20, Township Three North (T3N), Range Twelve West (R12W) of the 6^th P.M., Webster County, Nebraska (160 Acres more or less). This tract is a combination of fenced native pasture land and CRP. It is located across the road to the south of Tract #3. Access is by minimum maintenance road. This property has excellent hunting prospects as well as being a good income property.

This tract will be offered singularly and in any desired combination with Tract # 3, 4 & 5.

TERMS:  A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due at closing on or before February 15^th, 2009. Final closing payments will be either by cash, certified funds or a direct wire transfer to the Real Estate Trust Account of Ruhter Auction & Realty Inc. At closing the seller will present a title insurance binder indicating marketable title vested in the name of the sellers. The title insurance costs will be paid equally by the buyer and seller.

CRP INFORMATION:  A listing of the acreage amounts of CRP is available in our PIP (Property Information Packets).  Buyers agree to succeed to the existing CRP contracts and assume all liability for non-compliance and/or early contract termination.  Buyers agree to indemnify the sellers for any non-compliance penalties and repayments caused by the buyers’ actions prior to sale closing.  CRP payments will be prorated to date of sale closing.

Possession:  Full possession will pass to the purchaser at closing subject to any remaining rights of the tenants for the 2008 crop year. Full possession will be given no later than March 1, 2009.

Taxes:  Full tax information is available in our PIP. The 2008 and all prior taxes will be paid by the sellers. 2009 and all subsequent taxes will be paid by the purchaser.

This is a Multi-Parcel Auction. Anyone who is not familiar with the Multi-Parcel Auction concept should contact the auction company for information concerning the sale method prior to the auction. Although great care was used in gathering the information in this ad, the content is not guaranteed. Prospective buyers need to complete their own due diligence.

Interested buyers should contact the auction company for details concerning these properties. A PIP, (Property Information Packet) with detailed information concerning taxes, FSA information, CRP information as well as real estate tax data. The PIP is available either by mail or email.

Ruhter Auction & Realty Inc. is the agent for the seller.

Due to the possibility of incorrect information and typographical errors, the auctioneer, owner and printer will not be held responsible for any errors that might appear in this advertisement. However, every effort has been made to describe the sale items accurately. The auctioneer's announcements on day of sale will take precedence over printed matter.