150+/- Acres Boone County,Nebraska 

Selling in 3 Tracts OnOur 

UNRESERVED ONLINE AUCTION

November 21, 2019

Bidding opens November 7,2019, and ends November 21, 2019, at 11:00 AM

Tract 2:  This tract hassomething for everyone. 87 acres are gravity irrigated, 81 acres are dryland,and the balance of approximately 156 acres is made up of a well-maintainedpasture and a stretch of the scenic Cedar River. Two wells supply water to theirrigated ground. 

The bidding increments will be$25/acre on Tracts 1 & 2. The final sale price will be calculated based ontotal acres times the highest bid. Bidding increments on Tract 3 will be$1,000. Real Estate Agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting & Auction:

Cardinal Inn

2588 State Hwy 14

Albion, NE 68620

BigIron Realty Agents will beat the Cardinal Inn in Albion, NE, on November 21, 2019, from 8:00 a.m. untilthe conclusion of the online auction. Please come during the times scheduled todiscuss the farm. BigIron Realty Representatives will be there to assist buyerswith registering to bid online. You do not have to be present to bid online,but you are required to be available by phone.

BIDDING PROCESS: You may place bids on this farm for 14 days beginningNovember 7, 2019, and ending November 21, 2019, at 11:00 a.m. This unreservedonline auction features bidding extensions. The closing times will beautomatically extended when any one of the coupled tracts receives a bid in thelast 5 minutes and will close simultaneously when none of the tracts receive abid for 5 minutes. This will allow bidders to monitor each tract without thefear of missing out on any other tract. NOTE: Do not wait until the day theauction closes to register to bid online. All bidders must be approved to bid,so register at least 24 hours prior to the auction close or call 800-887-8625for assistance.

Legal Description: The N ½ of the S ½ (except acreage); the S ½ of the N½ & a tract in the S ½ of the S ½ all in Section 22-18-7W Boone County, NE,containing 326.61+/- acres.

2018 Taxes: $8,401.00 (Approx. due to splitting tract)

Land Location: From the intersection of Hwy 52 and 200th Avenue,southeast of Cedar Rapids, NE, go 1 mile south on 200th Avenue. 

Owner: Meta MahoneyEstate 

Title Services: Boone CountyTitle & Escrow

For more information, contactlisting agents: 

Rex Mahoney 402-649-1816, JimStock 402-920-0203, John Stock 402-920-3180

Terms: The successful buyer will be required to enter into a writtenpurchase agreement immediately after the sale with a $50,000.00 non-refundabledown payment to be payable to BigIron Realty Trust Account. The earnest depositcan be made by a personal check, company check or by wire transfer. The balancewill be due at closing on or before December 20, 2019. Possession of Tracts 1and 2 will be given on March 1, 2020, and possession of Tract 3 will beDecember 20, 2019. Seller will provide marketable title to the buyer evidencedby title insurance; the title insurance and closing costs are split 50/50between the buyer and seller. The 2018 real estate taxes will be paid by theSeller, and the 2019 Real Estate Taxes will be paid by the Buyer. The propertywill not be sold subject to financing. Bidding increments may be changed at thediscretion of the Real Estate Agent. Please have all financial arrangementsmade prior to the auction. The written purchase agreement, to be signed by theseller and buyer after the auction, is the sole and controlling document ofthis sale and supersedes any and all other terms whether verbal, written,expressed or implied and shall be the sole and controlling document for thisreal estate transaction. BigIron Realty is working for the seller.