OWNER: Peddicord Cattle Company

PRICE: $3,275,000.00

TERMS: Cash.

LOCATION: Northeast of Chadron, Nebraska

ACRES: According To Dawes County Assessor.
DEEDED ACRES: 8,157.05
STATE SCHOOL LEASE: 640.00

REAL ESTATE TAXES: 2009- $29,955.21.

MINERAL RESERVATION: Sellers reserve a ½ non-participating royalty interest in and to all oil, gas, and minerals produced from the property for a period of 25 years from the date of deed conveying the property to the buyer. If production should occur during the reserve period, the reservation will continue until production has ceased in paying quantities.

STATE SCHOOL LEASE: Section 36-35-48. Lease #108153-14. Runs to December 31, 2014. 640 acres with 2010 rental fee of $3,560.06.

INCLUDED IN SALE: Mobile home in NE1/4 Section 14-34-48.

BUILDING INFORMATION (ALL SIZES APPROXIMATE-FROM ASSESSOR RECORDS).

1)938 square foot house with basement, and metal siding.
2)3,072 square foot Quonset.
3)Cattle sheds 3,200 and 2,000 square feet.
4)Steel corrals with Ritchie waterers.

COMMENTS: Information from Ranch manager is that they have run 400 pairs on a year round basis. Bottom land produces approximately 700 ton native hay/alfalfa annually. Over 20 water sites on Whetstone Pipeline dispersed around the property to promote uniform grass utilization. These representations are not guaranteed by Helberg and Nuss Auctions & Realty. Potential buyers should personally verify all production information. As with all large ranches, fences may not be on exact legal description lines. Property selling by legal description only, subject to roads, and existing fences.

The above information is from sources deemed reliable, but is not guaranteed. Prospective buyers should personally verify any items in question. Helberg and Nuss Auctions & Realty, and it’s agents are agents of, and are representing the seller.



LEGAL DESCRIPTION:

ALL WEST OF THE 6TH P.M., DAWES COUNTY, NEBRASKA

TOWNSHIP 34 NORTH, RANGE 48 WEST

Section 1 N1/2NE1/4, SW1/4NE1/4,NW1/4SE1/4, SW1/4
Section 2 S1/2
Section 3 All
Section 4 E1/2, SE1/4SW1/4
Section 9 NE1/4NE1/4
Section 10 All
Section 11 All
Section 12 All
Section 14 SW1/4, NE1/4
Section 15 N1/2, W1/2SW1/4
Section 22 W1/2NW1/4

TOWNSHIP 35 NORTH, RANGE 47 WEST
Section 19 W1/2
Section 30 W1/2SW1/4, SE1/4SW1/4, SW1/4SE1/4, NW1/4

TOWNSHIP 35 NORTH, RANGE 48 WEST
Section 23 All
Section 24 All
Section 25 All
Section 26 All
Section 34 SE1/4
Section 35 All

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