Adams – Morgan County Line Dryland & Equipment Auction

Adams County, CO 2,634 +/- Total Ac - Dryland - Equipment Acres

Overview

Overview

This property is sold

Successful Auction!

Sells as Combo’s totaling $3,905,000

COMBO #1     $2,280,000    $1,504 per acre

COMBO #2     $1,625,000    $1,452 per acre

See Color Brochure, Visual Tour, Google Map and Digital Brochure below Quick Facts…Web Page updated frequently until auction day.

 

2,634
+/- acres of level and productive dryland to be offered for sale at the
Adams/Morgan Cty Line Dryland & Equipment Auction. A rare opportunity to
purchase above average turnkey NO TILL farming operation in excellent
condition, with 100% of the growing wheat conveyed to buyer(s), spring
possession of the stubble, Seller’s owned mineral rights conveyed to buyer(s),
and the opportunity to purchase farm equipment used to operate the farm.  2,602+/- acres (FSA) to be offered in 6
parcels, 2 combos, and as a single unit. Parcel sizes range from 219 to 616
acres. Combo sizes range from 1,118 to 1,515 acres. Property is located 17
miles S, 1 mile E of Fort Morgan, CO to the NW corner of the property and
located in NE Adams County, CO. Primarily Class III w/areas of Class IV+ soils.
Farm equipment has been shedded & well cared for and to be sold following
the land auction. The Multi Parcel Auction bidding format allows all bidders an
equal opportunity to participate and purchase land to add to or expand your operation.

SALE TERMS/PROCEDURE:  The “Adams/Morgan Cty Line Dryland &
Equipment Auction” is a land auction with RESERVE.  The Adams/Morgan Cty Line property to be
offered as a “MULTI PARCEL” Auction in 6 Parcels, 2 Combos, and as a
Single Unit. The parcels, combos, and single unit will be offered in the sale
order as stated within the brochure. The parcels, combos, and single unit will
compete to determine the highest aggregate bid(s) acceptable to the Seller.
Seller reserves the right to accept or reject any and all bids.  Seller agrees not to accept and negotiate any
contracts to purchase prior to auction date. Bids will be taken for total
purchase price not price per acre.

SIGNING OF PURCHASE
CONTRACT:
Immediately following the conclusion 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 to be in the form of a personal, business, or corporate
check for 15% of the purchase price which is due upon the signing of the
contract and to be deposited with Reck Agri Realty & Auction.  Purchase contract will not be contingent upon
financing.  Terms and conditions of the
detail brochure and oral announcements shall be incorporated and made a part of
the contract.  Sample contract is
available within the detail brochure.

CLOSING: Buyer(s)
shall pay in electronic transfer funds or cashier’s check (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
May 8, 2015. Closing to be conducted by TBD and the closing service fee to be
split 50-50 between Seller and Buyer(s).

TITLE: Seller to
pass title by Warranty 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 detail brochure, 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
as shown within these Terms and Conditions; 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 detail brochure and at the auction and title commitment and
exceptions will be incorporated and made a part of the Contract to Buy and Sell
Real Estate (Land).

POSSESSION: Upon
signing of contract and the earnest money clearing, Buyer(s) may enter onto the
property and complete the necessary fieldwork to plant crops. Any completion of
fieldwork and planting of crops does not constitute a farm lease.  If Buyer(s) defaults and doesn’t close, all
fieldwork, crop expenses, and earnest money is forfeited to Seller.  If closing does not occur due to the default
of Seller, Seller to reimburse Buyer(s) for fieldwork completed at custom rates
and invoiced crop expenses.

PROPERTY CONDITION:
The prospective Buyer(s) should verify all information contained herein.  All prospective bidders are urged to fully
inspect the property, its condition, and to rely on their own conclusions and
the property is being sold AS IS-WHERE IS, without warranty, representation or
recourse to Seller.

WATER RIGHTS:
Buyer(s) shall receive whatever interest, if any, Seller has in any water
rights appurtenant to the property.

GROWING CROPS:  Seller to convey to Buyer(s) 100% of growing
wheat currently planted. Buyer(s) to accept transfer of indemnity of crop
insurance and pay premium at closing.

CSP CONTRACTS:
The property being sold is subject to an existing CSP contract. Seller to
convey and Buyer(s) to assume all right, title, and interest to the existing CSP
contract. Seller to convey the 2015 CSP payment to Buyer(s).  Seller to notify NRCS of the property
transfer within 60 days of closing. Buyer(s) assumes responsibility of the
terms, conditions, obligations, farming practices, and maintenance of the acres
subject to the CSP contract. Buyer(s) assumes responsibility of the costs and
penalties if Buyer(s) chooses to terminate or violate the terms and conditions
of the existing CSP contract.

FSA DETERMINATION:  FSA base acres and yields to pass with the
Parcels, Combos, or Single Unit as designated within the detail brochure.  Buyer(s) and Seller, at closing, to sign a
memorandum of understanding stating the base acres and yields as designated
within the detail brochure.

REAL ESTATE
TAXES: 
2015 real estate taxes due in
2016, and thereafter 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 all OWNED mineral rights to Buyer(s).   

NOXIOUS WEEDS:
There may be areas infested by noxious weeds, (i.e. rye, bindweed, canadian
thistle, rye, 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, detail brochure, and visual
presentation at the auction 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 stated at
the auction.

MULTIPLE PARTY BID:  If several parties go together and
collectively bid on parcel(s) and the Multiple Party Bid is the highest bid, at
the conclusion of the auction each party within the Multiple Party Bid shall
identify and agree to sign separate contract(s), pay for their respective
separate parcel(s) at closing, and pay for a metes & bounds survey and
additional title insurance premium to create the legal description for their
respective separate parcel. The collective purchase prices for the separate
parcels shall equal the total Multiple Party Bid.

BIDDER REQUIREMENTS:
Prior to auction, Buyer(s) to review the terms and conditions as set forth in
the Detail Brochure.  Detail Brochure may
be obtained at the Buyers’ Information Meeting, visit auction property page at
www.reckagri.com, or by calling Reck Agri Realty & Auction.  Bidding via cell phone, internet, and/or
bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction
24 hours prior to 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. Reck Agri Realty &
Auction and the Seller assumes no responsibility for the omissions,
corrections, or withdrawals. The location maps are not intended as a survey and
are for general location purposes only. The prospective Buyer(s) should verify
all information contained herein. All prospective bidders are urged to fully
inspect the property, its condition and to rely on their own conclusions.  All equipment and improvements are to be sold
AS IS-WHERE IS, without warranty, representation or recourse to Seller. Reck
Agri Realty & Auction and all other agents of Broker are or will be acting
as a Transactional Broker.  Announcements
made by Reck Agri Realty & Auction, at the time of sale will take
precedence over any previously printed material or other oral statements. Reck
Agri Realty & Auction does not offer broker participation for the
“Adams/Morgan Cty Line Dryland & Equipment Auction”. Reck Agri
Realty & Auction reserves the right to require bank references upon request
and reserves the right to refuse bids from any bidder.  Bidder increments are at the discretion of
the Broker.

A DETAIL BROCHURE
is available upon request and is REQUIRED to bid at the auction, via cell
phone, or online bidding. It includes the terms and conditions of the auction,
pertinent facts, title commitment, Farm, Ranch & Land Purchase agreement.
For additional color photos visit the “Adams/Morgan Cty Line Dryland &
Equipment Auction” Visual Tour on our website: www.reckagri.com.

PARCEL #1A – DRYLAND
428.8 +/- Total Ac; 420.8 +/- ac dryland; 8.0 +/- ac waste Legal: N½ of
3, NE¼ of 4, T1S, R57W, Adams Cty, CO; 
Location: From Fort Morgan, 17 mi S on CR 19 (Sherman St), 1 mi E to NW
corner of property; Soils primarily consist of Class III w/areas of Class IV;
210.6 +/- ac wheat stubble, 210.2 +/- ac milo stubble, FSA base: 199.9 ac wheat
w/29 bu, 1.9 ac grain sorghum w/28 bu, 45.1 ac sunflower w/654#, & 10.7 ac
barley w/33 bu; R/E Taxes: $864.16.

PARCEL #1B – DRYLAND
470.1 +/- Total Ac; 467.1 +/- ac dryland; 3.0 +/- ac waste; Legal: S½ of
3 & SE¼ of 4, T1S, R57W, Adams Cty, CO; 
Location: From Fort Morgan, 17 mi S on CR 19 (Sherman St),    mi
E to Windview Rd, ½ mi S to NE corner of property; Soils primarily consist of
Class III w/areas of Class IV; 236.1 +/- ac wheat stubble, 231.0 +/- ac growing
wheat, FSA base: 221.9 ac wheat w/29 bu, 2.1 ac grain sorghum w/28 bu, 50.1 ac
sunflower w/654#, & 11.9 ac barley w/33 bu; R/E Taxes: $959.24.

PARCEL #1C – DRYLAND
616.4 +/- Total Ac; 610.9 +/- ac dryland; 5.5 +/- ac waste; Legal: All
that part of the E½ of 9 and All of 10 lying N & W of excepted grass
waterway, T1S, R57W, Adams Cty, CO; 
Location: From Fort Morgan, 17 mi S on CR 19 (Sherman St),    mi
E to Windview Rd, 1 mi S to NE corner of property; Soils primarily consist of
Class III w/areas of Class IV+; 361.7 +/- ac millet stubble, 249.2 +/- ac
growing wheat, FSA base: 290.2 ac wheat w/29 bu, 2.7 ac grain sorghum w/28 bu,
65.5 ac sunflower w/654#, & 15.6 ac barley w/33 bu; R/E Taxes: $1,254.55.

COMBO #1: (PARCELS
#1A, #1B & #1C) – DRYLAND –
1,515.3 +/- Total Ac; 1,498.8 +/- ac
dryland; 16.5 +/- ac waste; 446.7 +/- ac wheat stubble, 361.7 +/- ac millet
stubble, 210.2 +/- ac milo stubble; 480.2 +/- ac growing wheat, FSA base: 712.0
ac wheat w/29 bu, 6.7 ac grain sorghum w/28 bu, 160.8 ac sunflower w/654#,
& 38.2 ac barley w/33 bu; R/E Taxes: $3,077.95.

PARCEL #2A – DRYLAND
444.2 +/- Total Ac; 440.2 +/- ac dryland; 4.0 +/- ac waste; Legal:
Dryland located in 11 & S½S½S½ of 2, T1S, R57W, Adams Cty, CO;  Location From Fort Morgan, 17 mi S on CR 19
(Sherman St),    mi E to Windview Rd, 1 mi S to NW corner of
property; Soils primarily consist of Class III w/areas of Class IV+; 162.8 +/-
ac wheat stubble, 164.3 +/- ac milo stubble; 113.1 +/- ac growing wheat, FSA
base: 209.1 ac wheat w/29 bu, 2.0 ac grain sorghum w/28 bu, 47.2 ac sunflower w/654#,
& 11.2 ac barley w/33 bu; R/E Taxes: $904.00.

PARCEL #2B – DRYLAND
454.7 +/- Total Ac; 448.7 +/- ac dryland; 6.0 +/- ac waste; Legal:
Dryland located in 14, T1S, R57W, Adams Cty, CO;  Location: From Fort Morgan, 17 mi S on CR 19
(Sherman St),    mi E to Windview Rd, 2 mi S to NW corner of
property; Class III soils; 222.1 +/- ac wheat stubble, 119.8 +/- ac milo
stubble; 106.8 +/- ac growing wheat, FSA base: 213.2 ac wheat w/29 bu, 2.0 ac
grain sorghum w/28 bu, 48.1 ac sunflower w/654#, & 11.4 ac barley w/33 bu;
R/E Taxes: $921.45.

PARCEL #2C – DRYLAND
219.8 +/- Total Ac; 214.8 +/- ac dryland; 5.0 +/- ac waste; Legal: All of
10 lying S & E of excepted grass waterway, T1S, R57W, Adams Cty, CO;  Location: From Fort Morgan, 17 mi S on CR 19
(Sherman St),    mi E to Windview Rd, 1¼ mi S to NE corner of
property; Soils primarily consist of Class III w/areas of Class IV+; 99.5 +/-
ac wheat stubble, 115.3 +/- ac milo stubble; FSA base: 102.0 ac wheat w/29 bu,
1.0 ac grain sorghum w/28 bu, 23.0 ac sunflower w/654#, & 5.5 ac barley
w/33 bu; R/E Taxes: $441.12.

COMBO #2: (PARCELS
#2A, #2B & #2C) – DRYLAND –
1,118.7 +/- Total Ac;1,103.7 +/- ac dryland;
15.0 +/- ac waste; 484.4 +/- ac wheat stubble, 399.4 +/- ac milo stubble; 219.9
+/- ac growing wheat, FSA base: 524.3 ac wheat w/29 bu, 4.9 ac grain sorghum
w/28 bu, 118.4 ac sunflower w/654#, & 28.1 ac barley w/33 bu; R/E Taxes:
$2,266.57.

SINGLE UNIT: (PARCELS
#1A, #1B, #1C, #2A, #2B & #2C) – DRYLAND –
2,634.0 +/- Total Ac;
2,602.5 +/- ac dryland; 31.5 +/- ac waste; 931.1 +/- ac wheat stubble, 361.7
+/- ac millet stubble; 609.6 +/- ac milo stubble; 700.1 +/- ac growing wheat,
FSA base: 1,236.3 ac wheat w/29 bu, 11.6 ac grain sorghum w/28 bu, 279.2 ac
sunflower w/654#, & 66.3 ac barley w/33 bu; R/E Taxes: $5,344.52.

FARM EQUIPMENT: The following farm equipment to be offered for sale by
virtual photo following the Adams/Morgan Cty Line Dryland Auction at the Reck
Agri Auction Center. Equipment to be sold no earlier than 1:30 p.m., MT.
Equipment will be available for inspection prior to the auction at the Reck
Agri Auction Center, 535 E Chestnut, Sterling, CO.  Directions: From I-76/Sterling exit 125, 1 mi
W. All items shedded by current owner.

2002 CAT 65E: (New
“rounded” body style) ~5750 hours, NEW (not retread) tracks ~(250
hours), bareback, trimble auto steer.

2007 JOHN DEERE
1890/1910 AIR CART AND DRILL:
41.5 feet wide, 10″ spacing disc opener,
~20,000 acres total, 3,500 +/- acres on new discs & bearings, two medium
(black) roller meters for wheat and fertilizer & one small (yellow) roller
meter for millet, hydraulic calibration, brown box.

2007 INTERNATIONAL NAVISTAR 4300 TRUCK: 260,000 miles, original paint, 38,000# single axle, 2012 Parkway grain box w/hoist & rollover tarp, double frame.

2012 EZ TRAIL 350
BUSHEL GRAVITY WAGON:
Roll tarp.

2012 THUNDER CREEK
500 GALLON FUEL TRAILER:

2012 JOHN DEERE 855D
DIESEL GATOR:
35 hours.

All items sold as is where is. Payment of cash or check must
be made sale day before removal of items. Statements made auction day take
precedence over all advertising. Not responsible for accidents.  All equipment to be removed no later than
April 16, 2015.  PLEASE INSPECT EQUIPMENT
BEFORE PURCHASING.

For auction terms and conditions, equipment pictures, and
terms of online bidding, see www.reckagri.com.
For further information contact Marc Reck or Troy Vogel at 970-522-7770.

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Watch or participate in LIVE auctions online! Can’t make it to the auction? You can still be part of the action. Watch the live simulcast and/or bid online.  Live auction broadcast starts approximately 15 minutes prior to auction.

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Location

  • Adams County, CO
View Map

Quick Facts

  • Adams - Morgan County Line Dryland & Equipment Auction w/Reserve
  • April 9, 2015 - 10:30 am, MT.
  • Successful Auction! Total Bids of $3,905,000
  • Reck Agri Auction Center - Sterling, CO
  • Total Acreage 2,634 +/- in Adams County, CO
  • 2,602 +/- ac Dryland
  • From Ft Morgan, CO, 17 mi S, 3 mi E
  • Above average NO TILL farming operation
  • Level, productive, & in excellent condition
  • Growing wheat crop to buyer
  • Owned minerals to buyer
  • Possession of stubble upon closing
  • Primarily Class III w/areas of Class IV soils
  • Currently farmed in 3 crop rotation.
  • Offered in 6 parcels, 2 combos & Single unit

  • FARM EQUIPMENT: Excellent Condition
  • 2002 CAT 65E
  • 2007 John Deere 1890/1910 air cart and drill
  • 2007 International Navistar single axle truck
  • 2012 EZ Trail 350 bushel gravity wagon
  • 2012 Thunder Creek 500 gallon fuel trailer
  • 2012 John Deere 855D diesel gator