ONLINE BIDDING PROCEDURE: The Cheyenne County NE 807.2 property will be offered for sale in 1 parcel. BIDDING WILL BE ONLINE/PHONE ONLY starting on Tuesday March 18th, 2025 @ 9:00 a.m. MST and then will “soft close” on Tuesday March 25th, 2025 @ 5:00 p.m. MST. Bidding remains open as long as there is continued bidding. Bidding will close when 2 minutes have passed with no new bids. Bidders may bid on the parcel at any time before bidding closes.
To bid at the online auction: 1.) Visit www.greatplainslandcompany.com and click on the Auctions tab and select which property page to register to bid. 2.) Your registration must be approved by Great Plains Land Company before you may bid. See Bidder Requirements below. 3.) If you have questions regarding the bidding process and/or registration, call support: (405) 254-0478 or select “Get Help” on the menu bar while on the auctions website page.
BIDDER REQUIREMENTS: Requirements for Buyer(s) to be approved to register to bid, and bid online: prior to the auction, Buyer(s) must review and accept the Due Diligence Packet with the full auction terms and conditions, property descriptions, pertinent information, title commitments, and sample contracts. Great Plains Land Company reserves the right to refuse registration to bid and/or bids from any bidder. Bidding increments are at the discretion of the Broker. Due Diligence Packet may be obtained by visiting the property listing at www.greatplainslandcompany.com or by calling Daniel Hunning (308) 524-9320.
SALE TERMS/PROCEDURE: The "CHEYENNE COUNTY NE 807.2" is an online/phone only auction with Seller’s Approval. The property to be offered in 1 parcel. Competitive bids will determine the outcome of the auction. Seller reserves the right to accept or reject any and all bids. Bids will be taken for total purchase price not price per acre.
SIGNING OF PURCHASE CONTRACT: Immediately following the closing of the auction, the highest bidder(s) will sign Brokerage Disclosure and will enter into and sign a Contract to Buy and Sell Real Estate (Land) for the amount of the bid. Required earnest money deposit is 10% of the total purchase price which is due upon the signing of the contract(s) and to be deposited with Sedgwick County Title Co. Purchase contract will not be contingent upon financing. Terms and conditions of the Due Diligence Packet and announcements shall be incorporated and made a part of the contract. Sample contract is available within the Due Diligence Packet.
CLOSING: Buyer(s) shall pay in good funds, the balance of purchase price plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before April 25th, 2025. Closing to be conducted by Sedgwick County Title Co and the closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Warranty and/or Trustee’s/Personal Representative’s Deed free and clear of all liens. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). The Buyer(s) to receive a TBD title commitment within Due Diligence Packet, updated title commitment with Buyer(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner's title insurance policy in an amount equal to the Purchase Price after closing. Property to be sold subject to existing roads and highways; established easements and rights-of-way; prior mineral reservations; and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review within the Due Diligence Packet and title commitment and exceptions will be incorporated and made a part of the Contract to Buy and Sell Real Estate (Land).
POSSESSION: Possession of the property upon closing.
PROPERTY CONDITION: All prospective Buyer(s) should verify all information contained herein and are urged to fully inspect the property, its condition, and to rely on their own conclusions. The property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.
WATER RIGHTS & EQUIPMENT: Together with all water wells and equipment, well permits, all water, water rights, water development rights, tributary and non-tributary groundwater, associated with said water rights, and all domestic/livestock wells; appurtenant to the property, if any.
GROWING CROPS: None.
CRP: Seller to convey all right, title, and interest to the existing CRP contract to the Buyer(s) as successor in interest. October 2025 CRP payment to be prorated to the date of closing by the FSA office. Buyer(s) assumes responsibility for the maintenance of the CRP acres, the obligations of the CRP contract, and agrees to enter into a new CRP contract within 60 days after the closing. Buyer(s) assumes responsibility of the costs and penalties if Buyer(s) chooses to terminate the existing contract.
FSA DETERMINATION: FSA base acres and yields to pass with the property as designated within the Due Diligence Packet. Buyer(s) and Seller, at closing, to sign a memorandum of understanding stating the base acres and yields as designated within the Due Diligence Packet.
REAL ESTATE TAXES: 2025 real estate taxes due in 2026 to be paid by Buyer(s).
LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or
land-use trades, if any.
MINERALS: Seller to convey 50% OWNED mineral rights to Buyer(s) with the Buyer receiving all future lease payments after closing.
NOXIOUS WEEDS: There may be areas infested by noxious weeds, (i.e. rye, bindweed, canadian thistle, goat/Johnson grass, etc). The location of and the density of noxious weeds is unknown at this time.
ACREAGES: All stated acreages in the initial brochure and Due Diligence Packet are approximate and are obtained from aerial photos from the FSA office. The county tax records may indicate different acreages and no warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and/or published at the auction.
ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Great Plains Land Company and the Seller assume no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. Prospective Buyer(s) should verify all information contained herein. Great Plains Land Company and all other agents of Broker are or will be acting as a Seller’s Agent. Great Plains Land Company offers broker participation for this auction @ 1%. Great Plains Land Company reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments are at the discretion of the Broker.
COPYRIGHT: Photographs, videos, Color Brochure & Due Diligence Packets are property of Great Plains Land Company and cannot be reproduced without permission.