Cherry County, Nebraska

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Cherry County, Nebraska Co-Listed with Maddux Landbanc Realty, LLC Offered Exclusively By: NORTH PLATTE OFFICE P.O. Box 1166 I-80 & US Hwy 83 North Platte, NE 69103 www.agriaffiliates.com (308) 534-9240 Telecopier (308) 534-9244 Information contained herein was obtained for sources deemed reliable. We have no reason to doubt the accuracy, but we do not guarantee it. Prospective Buyers should verify all information, including items of income and expense.

Location: Cross Ranch The headquarters are 9 miles west of Merriman, Nebraska on Hwy 20 and the east pasture joins the south side of Merriman on Hwy 61. Land Use: The West Unit is the headquarters and wintering unit. It has approximately 600 acres of wet meadow around Coffey Lake. Leander Creek flows through the property. The improvements consist of a beautiful brick home overlooking the hay meadow and lake, a hired man s house, a newer steel pole building, calving shed, large older barn, shop and good set of working pens. The East Unit has Leander Creek flowing 4 miles through the property. It is primarily used for summer grazing with excellent access on both sides of Hwy 61. Carrying Capacity: Water: Carrying capacity is rated by the owner at 600 cow units (heifers & bulls) on a yearround basis The ranch is very well watered with a good distribution of 17 windmills and Coffey Lake, as well as Leander Creek that flows through both units.

Taxed Acres: Cross Ranch West Unit - 3,778.398 tax assessed acres East Unit - 7,540.608 tax assessed acres Taxes: 2011 taxes payable in 2012 are $45,219.22 Price: $5,659,500 Contact: Mike Polk, Co-Listing Agent (308) 539-4446 or e-mail mike@agriaffiliates.com Or Sonny Maddux, Co-Listing Agent (308)650-9695 or email madduxlandbanc@yahoo.com Bruce Dodson, Loren Johnson, Jerry Weaver, Roger Luehrs, Dallas Dodson OUT Headquarters West Unit East Unit Highway 20 Highway 61

Exhibit A Legal Description Legal Acres ALL Section 3-T33N-R37W 639.5 ALL except Hwy 61 ROW Section 4-T33N-R37W 640 N1/2, E1/2SW1/4, PT NW1/4SE1/4, PT N1/2S1/2 East of Hwy 61 Section 5-T33N-R37W 472 N1/2 Section 6-T33N-R37W 324.1 PT E1/2 NW1/4 Lying West of Hwy 61 Section 8-T33N-R37W 78.4 NE1/4, E1/2NW1/4 Section 9-T33N-R37W 240 ALL Section 10-T33N-R37W 640 W1/2W1/2, SE1/4SW1/4 Section 4-T33N-R38W 199.9 ALL Section 5-T33N-R38W 640.3 N1/2, SE1/4, N1/2SW1/4, SE1/4SW1/4 Section 6-T33N-R38W 597.5 N1/2, N1/2SE1/4, SW1/4 Section 1-T33N-R39W 559.5 PT E1/2 East of Hwy 20 Section 2-T33N-R39W 68.3 PT SE1/4NE1/4 Section 11-T33N-R39W 29.8 PT NE1/4NE1/4 East of Hwy 20 Section 11-T33N-R39W 35 NW1/4 Section 12-T33N-R39W 160 PT N1/2 SW1/4, S1/2SW1/4, PT NW1/4SE1/4. SW1/4SE1/4, PT E1/2SE1/4 Section 18-T34N-R37W 178.19 ALL except Tracts 1 & 2 Section 19-T34N-R37W 568.868 W1/2W1/2, PT E1/2NW1/4, PT E1/2SW1/4 except Tracts 1 & 2 Section 20-T34N-R37W 196.05 PT SW1/4SW1/4 West of Road Section 28-T34N-R37W 3.9 PT W1/2, PT S1/2NE1/4, PT SE1/4 Lying West of Hwy 61 Section 29-T34N-R37W 446 ALL except Hwy 61 ROW Section 30-T34N-R37W 652.1 ALL Section 31-T34N-R37W 651.5 ALL Section 32-T34N-R37W 640 SE1/4, E1/2SW1/4, PT W1/2SW1/4 Section 33-T34N-R37W 264 PT W1/2W1/2 West of the Road Section 33-T34N-R37W 106 S1/2 Section 34-T34N-R37W 320 E1/2, E1/2W1/2 Section 25-T34N-R38W 480 S1/2, PT NW1/4, S1/2NE1/4 Section 31-T34N-R38W 550 SW1/4NW1/4, W1/2SW1/4, SE1/4SW1/4, SW1/4SE1/4 Section 32-T34N-R38W 200 PT SE1/4 Section 25-T34N-R39W 118.588 PT E1/2SE1/4 Section 35-T34N-R39W 1.22 ALL except Hwy 20 ROW 36-T34N-R39W 618.29 Total Acres 11,319.01

WATER AVAILABILITY IN THE NEBRASKA SANDHILLS The historic Nebraska Sandhills occupy 19 million acres in west central Nebraska. Stretching from Alliance on the west to Neligh on the east, the Sandhills are primarily south of the Niobrara River and north of the Platte River. Formed in very recent geologic time, these sand dunes are held in place by warm season grasses. Although there are differences in rainfall, growing season and terrain, the entire Sandhills area enjoys an abundance of underground water. Research wells at Hyannis, Nebraska, indicate over 1,400 feet of sand saturated with 1,400 feet of water. Surface water varies in different communities of the Sandhills with an abundance of small lakes throughout the western, northern & eastern portions. Most ranches in those areas enjoy an abundance of sub -irrigated meadows and therefore native hay production for year-round balance of the ranch. Annual precipitation varies from 16 inches at Alliance to more than 23 inches in eastern portions of the Sandhills. A unique feature is that every drop of precipitation is absorbed by the Ranch sand (sponge), with virtually no run-off. The Sandhills do include a number of smaller streams/ rivers. Water in these streams is nearly 100% from springs with essentially no variation throughout the year. The Sandhills of Nebraska provide an excellent environment for production of beef cattle. Depending on the extent of wet meadows, required acreage per cow varies from 13 to 22 acres per year. Many ranches operate on a cake and range basis. Ranch

Cross Ranch West Unit / Headquarters Site All maps provided by Agri Affiliates, Inc. are approximations only, to be used as a general guideline, and not intended as survey accurate.

Cross Ranch East Unit Out All maps provided by Agri Affiliates, Inc. are approximations only, to be used as a general guideline, and not intended as survey accurate.

Cross Ranch Sub-irrigated hay meadows are conveniently located near the headquarters. The meadows offer aftermath grazing in the fall and winter. The ranch headquarters are located just west of Coffey Lake, which provides habitat for ducks, geese and other water fowl. The numerous varieties of ecosystems on the ranch accommodate abundant wildlife. Wildlife includes waterfowl, upland game birds, deer, and antelope.

Cross Ranch Leander Creek flows through both the East and West Units. Owner rates hay production at 850 to 880 ton/year. Typical hay production on the meadows.

Cross Ranch Headquarters Site The Cross Ranch Headquarters Site located on the West Unit just off of Highway 20 and near Coffey Lake offers an exceptional set of improvements. The main house is a beautiful 3,500 square foot brick home complete with 4 bedrooms and 3 bathrooms. The unattached garage is 24 X26. There is a smaller second home for hired man, as well. Calving is facilitated with the fully equipped 42 X108 Morton calving barn and the 20 X60 calving shed. The headquarters also includes a 40 X75 machine shed, 26 X64 shop, 24 X30 storage shed and an older 30 X50 barn.

AGRI AFFILIATES Providing Services for Farm, Ranch & Recreational Properties The Contract When two people meet an agreement made, the terms of the deal the plans are laid. Each one gives their seal by the grip of their hand, on their word of honor they take their stand. These days there are contracts all written out, so there is nothing to dispute about. But if a person won t stand on their word understood, A piece of paper won t make it good. Shalah Contact: Mike Polk, Co-Listing Agent (308) 539-4446 or e-mail mike@agriaffiliates.com Or Sonny Maddux, Co-Listing Agent (308)650-9695 or email madduxlandbanc@yahoo.com Bruce Dodson, Loren Johnson, Jerry Weaver, Roger Luehrs, Dallas Dodson Co-Listed with Maddux Landbanc Realty, LLC Offered By: NORTH PLATTE OFFICE P.O. Box 1166 I-80 & US Hwy 83 North Platte, NE 69103 www.agriaffiliates.com (308) 534-9240 Telecopier (308) 534-9244 Information contained herein was obtained from sources deemed reliable. We have no reason to doubt the accuracy, but we do not guarantee it. Prospective Buyers should verify all information, including items of income and expense.