ABSOLUTE LAND AUCTION

160.70 +/- Acres Pivot Irrigated Farm

Legal Description: The Northwest Quarter (NW 1/4) of Section Twenty-nine (29), Township One (1) North, Range Two (2) West of the Sixth P.M. in Thayer County, Nebraska, subject to easements and restrictions of record.

Taxable Acres: 160.70 +/- Acres (Auction Multiplier)

Farm Location/ Access: From Chester, Nebraska, travel two miles east on Highway 8 to Road 6200, then one mile north to Road C. The farm is located east of Road 6200 and south of Road C.

Farm Description: A highly productive pivot-irrigated farm featuring predominantly Crete silt loam soils with gentle 1-3% slopes, and Hastings silty clay loam soils with 3-7% slopes. There are 143.89 +/- acres of irrigated cropland, 13.70 +/- acres of dry cropland, with the balance consisting of roads and waterways.

Irrigation Equipment: 2022 GM 496 V-8 (8.1L) natural gas power unit, gearhead, pump, and 2012 8-tower Zimmatic center pivot sells with the farm.

Well Data: The farm is located in the Little Blue NRD. Well registration # G-003000. Well installed in 1957. When drilled, it pumped 1200 gpm. Gearhead and well reworked in December of 2012.

Farm Service Agency Data:

FSA Farmland Acres: 159.61

FSA Cropland Acres: 157.59

Wheat Base Acres: 20.95 – 35 PLC Yield

Corn Base Acres: 124.67 – 176 PLC Yield

Soybean Base Acres: 2.35 – 54 PLC Yield

Grain Sorghum: 3.30 – 93 PLC Yield

Total Base Acres: 151.27

2024 Real Estate Taxes: $4,996.00 – 2025 RE Taxes paid by Seller.

Terms & General Information

Online Bidding: Live simulcast internet bidding will be available in addition to the live auction. All bidders must register at least 48 hours prior to the auction. Competitive online bidding opens Monday November 24, 2025, at 8:00 AM and closes Tuesday November 25, 2025, at the conclusion of the live auction. Register to bid at eltingauction.com.

Server & Software Issues: In the event of technical difficulties, Brad Elting & Company, Inc. may extend, continue, or close bidding. Neither the company nor the software provider is responsible for missed bids or system failures.

Contract & Title: Immediately following the auction, the successful bidder(s) will sign a real estate purchase agreement and deposit the required earnest money with the title company selected by the Seller. The Seller will provide an owner’s policy of title insurance in the amount of the purchase price. The cost of title insurance and escrow closing services will be shared equally between Buyer and Seller.

Taxes: The Seller shall pay the 2025 real estate taxes and all prior years’ taxes. The Buyer shall be responsible for taxes for all subsequent years.

Possession: Possession of the property shall be given upon closing subject to the current tenants’ rights through February 28, 2026. Full possession for the 2026 crop year.

Earnest Deposit: A 20% nonrefundable earnest deposit is required from the successful bidder on the day of the auction. The remaining balance is due on or before December 29, 2025. The property will not be sold subject to financing; all bidders must have financing arranged prior to the auction.

Conditions: This property is subject to all easements, covenants, and restrictions of record. The property is sold on an “AS-IS, WHERE-IS” basis with no warranties, either expressed or implied, by the Seller, Seller’s agents, or Brad Elting & Company, Inc.

Additional Information: A property information packet—including FSA data, aerial maps, tax records, soil maps, and other details—is available upon request by contacting the Seller’s agents, Brad Elting or Nathan Elting, at (402) 768-7270, or by visiting eltingauction.com.

Agency: Brad Elting & Company, Inc. and its representatives are acting as Agents of the Seller. Acreage figures and data in this brochure are believed to be accurate but are not guaranteed by the Seller or Seller’s agents. Prospective buyers are encouraged to conduct their own inspections and due diligence. Announcements made on the day of the auction take precedence over all prior advertising.

Auctioneer’s Note: Don’t miss this opportunity to purchase a high-quality pivot irrigated farm featuring strong soil types, good water, and located near competitive grain markets. This farm will be sold ABSOLUTE to the highest bidder on Tuesday November 25, 2025.

Seller: Timothy Mumm