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
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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