auction location: on site, 20051 county road 25, herman, ne · public real estate auction friday,...

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PUBLIC REAL ESTATE AUCTION Friday, July 31, 2020 • 11:00 A.M. AUCTION LOCATION: On Site, 20051 County Road 25, Herman, NE Sale Manager: Gabe Petersen, 402-533-8575 Kent Petersen Auctioneer 402-533-3888 Gabe Petersen Auctioneer 402-533-8575 Jeff Quist Broker 402-533-3379 • Real Estate Brokerage • Appraisals • Auctions 402-456-7445 • Sale Day Phone: 402-533-8575 For Further Information Evenings, Call: For complete details go to: www.kentandgabeauctioneers.com SELLER: TEKAMAH-HERMAN SCHOOL DISTRICT ADDRESS: 20051 County Road 25, Herman, NE PARCEL NUMBER: 890032914 LEGAL DESCRIPTION: Tax Lots 5, 40, & 119 30-20-11 Washington County Nebraska 2019 TAXES: Tax Exempt TAX RATE: 1.684184 DESCRIPTION: Approximately 16,000 sq. ft. building, formerly Herman School, on approximately 5 acres. This property is located on the south edge of Herman, NE, with public access directly off US Hwy. 75. The interior layout has a large central gymnasium with adjoining class room areas, kitchen, stage, and locker room areas. AUCTIONEER’S NOTE: This property is a must see for anyone looking for development or investment potential in and around Herman. REAL ESTATE TERMS AND CONDITIONS: Auction will be a cash sale with 10% earnest deposit required in the form of cash or check immediately following the auction, and upon singing of the Purchase Agreement. Balance of purchase price is payable in certified funds at closing on or before August 31,2020. Seller will convey land and improvements by warranty deed with title insurance provided as evidence of merchantable title. Cost of title insurance and closing/escrow agent is to be split 50/50 between buyer and seller. Property sells subject to all easements, rights of way, zoning, and restrictions of record and free and clear of all liens. This purchase agree- ment WILL NOT be contingent upon financing and the buyers shall forfeit the earnest deposit if unable to close on August 31,2020. No warranty is expressed or implied as to adequacy of land uses, water supplies or exact boundaries or encroachments. Said property is sold “as is” with no warranties or guarantees concerning the condition of the premises or the working condition of any electrical, plumbing systems, mechani- cal, heating, air conditioning, structure or otherwise. Seller reserves the right to accept or reject any and all offers, the intent is to sell. AGENCY DISCLAIMER: Kent and Gabe Petersen Auctioneers Inc. are agents of and represent the seller. FOR VIEWING CONTACT: GABE PETERSEN – AUCTIONEER (402)533-8575

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Page 1: AUCTION LOCATION: On Site, 20051 County Road 25, Herman, NE · PUBLIC REAL ESTATE AUCTION Friday, July 31, 2020 • 11:00 A.M. AUCTION LOCATION: On Site, 20051 County Road 25, Herman,

PUBLIC REAL ESTATEAUCTION

Friday, July 31, 2020 • 11:00 A.M.AUCTION LOCATION: On Site, 20051 County Road 25, Herman, NE

Sale Manager: Gabe Petersen, 402-533-8575

Kent PetersenAuctioneer

402-533-3888

Gabe PetersenAuctioneer

402-533-8575

Jeff QuistBroker

402-533-3379

• Real Estate Brokerage • Appraisals • Auctions402-456-7445 • Sale Day Phone: 402-533-8575

For Further Information Evenings, Call:

For complete details go to: www.kentandgabeauctioneers.com

SELLER: TEKAMAH-HERMAN SCHOOL DISTRICT

ADDRESS: 20051 County Road 25, Herman, NEPARCEL NUMBER: 890032914LEGAL DESCRIPTION: Tax Lots 5, 40, & 119 30-20-11 Washington County Nebraska2019 TAXES: Tax ExemptTAX RATE: 1.684184

DESCRIPTION: Approximately 16,000 sq. ft. building, formerly Herman School, on approximately 5 acres. This property is located on the south edge of Herman, NE, with public access directly off US Hwy. 75. The interior layout has a large central gymnasium with adjoining class room areas, kitchen, stage, and locker room areas. AUCTIONEER’S NOTE: This property is a must see for anyone looking for development or investment potential in and around Herman.

REAL ESTATE TERMS AND CONDITIONS: Auction will be a cash sale with 10% earnest deposit required in the form of cash or check immediately following the auction, and upon singing of the Purchase Agreement. Balance of purchase price is payable in certifi ed funds at closing on or before August 31,2020. Seller will convey land and improvements by warranty deed with title insurance provided as evidence of merchantable title. Cost of title insurance and closing/escrow agent is to be split 50/50 between buyer and seller. Property sells subject to all easements, rights of way, zoning, and restrictions of record and free and clear of all liens. This purchase agree-ment WILL NOT be contingent upon fi nancing and the buyers shall forfeit the earnest

deposit if unable to close on August 31,2020. No warranty is expressed or implied as to adequacy of land uses, water supplies or exact boundaries or encroachments. Said property is sold “as is” with no warranties or guarantees concerning the condition of the premises or the working condition of any electrical, plumbing systems, mechani-cal, heating, air conditioning, structure or otherwise. Seller reserves the right to accept or reject any and all offers, the intent is to sell. AGENCY DISCLAIMER: Kent and Gabe Petersen Auctioneers Inc. are agents of and represent the seller.

FOR VIEWING CONTACT: GABE PETERSEN – AUCTIONEER (402)533-8575

Page 2: AUCTION LOCATION: On Site, 20051 County Road 25, Herman, NE · PUBLIC REAL ESTATE AUCTION Friday, July 31, 2020 • 11:00 A.M. AUCTION LOCATION: On Site, 20051 County Road 25, Herman,

Return ServiceRequested

First ClassPERMIT

Herman, NE68029

Permit No. 10

KENT & GABE PETERSENAUCTIONEERS INC.

P.O. Box 301, Herman, NE 68029

PUBLIC REAL ESTATE AUCTIONFriday, July 31, 2020

Herman, NETekamah-Herman School District

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