Harvard, NE 68944(Clay County)

IRRIGATION EQUIPMENT: T-L 8 tower center pivot, 15 HP Gen Set, Four 4-tower T-L pivots watering all corners, East Well US Electric Motor 60 HP, Well Registration G-045896 Completion Date 8/6/1975 1,300 GPM-Well Depth 209, Static Water Level 98, Pumping Level 125, Column 9 West Well-Amarillo Gear Head 70HP, Well Registration G-020858 Completion Date 6/9/1960 1,800 GPM-Well Depth 204, Static Water Level 96, Pumping Level 120, Column 11

NOTE: The power source to water all corners is a mobile unit/trailer that is not included. The power units & propane tank on the west well are not included.

TRACT #2

LEGAL DESCRIPTION: The Northeast Quarter (NE ) of Section of Eleven (11), Township Seven North (7N), Range Eight West (R8W) of the 6th PM, Clay County, Nebraska, 160.02 acres more or less.

FARM LOCATION: Directly north of Tract #1.

FARM DESCRIPTION: High quality pivot irrigated farm with level terrain, excellent soils, strong underground water supplies.

SOIL TYPES: Crete Silt Loam, Hastings Silt Loam, Butler Silt Loam

FSA DATA TRACTS 1 & 2

CROP BASE ACRES PLC YIELD

CORN 418.20 192

TOTAL BASE 418.20

IRRIGATION EQUIPMENT: T-L 8 Tower Center Pivot, Newman Electric Motors 60HP, 15HP Gen Set, Well Registration G-021275 Completion Date 4/28/1961; 1,530 GPM-Well Depth 205, Static Water Level 85, Pumping Level 110, Column 11-NOTE: The south pivot corners are watered from a well on tract #1. The 4 tower pivots watering the south pivot corners sell with tract #1. The northwest pivot corner is irrigated by underground pipe that comes from tract #3. The power source to water all corners is a mobile unit/trailer that is not included.

TRACT #3

LEGAL DESCRIPTION: Southeast Quarter (SE ), South of the Railroad, Section Two (2), Township Seven North (T7N), Range Eight West (R8W) of the 6th PM, Clay County, Nebraska, 108.44 acres more or less.

DESCRIPTION: High Quality Pivot Irrigated Farm, Excellent Soils, mostly level terrain, strong underground water supplies.

SOIL TYPES: Hastings Silt Loam, Crete Silt Loam, Butler Silt Loam

FSA DATA TRACT #3

CROP BASE ACRES PLC YIELD

CORN 107.45 192

TOTAL BASE 107.45

IRRIGATION EQUIPMENT: T-L 5 Tower Center Pivot w/ swing arm, 15HP Gen Set, Newman Electric Motor 75HP, Well Registration G-024714 Completion Date 10/2/1965, 1,450 GPM-Well Depth 213, Static Water Level 88, Pumping Level 115, Column 11 Swing Arm is 3 years old. NOTE: Underground is buried to southwest pivot corner with 10 aluminum pipe watering the corner. Underground pipe also goes under the road to water the northwest corner of tract #2 with 10 aluminum pipe.

Farms are located in the Upper Big Blue NRD & contain 416.36 certified irrigated acres.

TAXES:

Tract #1 $9,679.30 Tract #2 $9,836.60 Tract #3 $6,739.62

POSSESSION: Possession for Agricultural Purposes March 1, 2023

Terms: A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due on or before January 18, 2023 by cash, certified funds or a direct wire transfer to the closing agent. The 2022 and all prior taxes will be paid by the sellers. Title insurance will be split equally between the buyer and the seller. All equipment and improvements sell in as is condition.

Ruhter Auction & Realty, Inc. is acting as an agent for the sellers.

Seller: Morgan Land Co.