The Schlaman Trust is offering 160 acres of Nebraska dry farmland for sale at auction. Located in east central Cheyenne County, Nebraska, the Schlaman property includes 160+/- total acres with 158.2 +/- acres being dry farmland. 78.5 +/- acres planted to wheat, 79.7+/- acres wheat stubble. The Buyer(s) will have possession of the wheat stubble upon closing and possession of the planted wheat upon 2015 harvest. Property is situated in E Central Cheyenne County, NE. Located from Sidney, NE, 7.75+/- mi E on Hiway #30, 2.5+/- mi N on Rd 131 to SE corner of the property. Level to rolling terrain. Primarily Class II soils, w/areas of III, IV, & V. Buyer to receive landlord (1/3) share of growing wheat. Seller to retain 50% of owned mineral right as a non-participating royalty interest for 10 years, Buyer to have authority to negotiate and execute oil & gas leases and receive all bonuses & delay rentals. Some of the property being sold has been within the same family for many years.
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