Date: Sunday, May 4, 2014


SUNDAY, MAY 4TH, 2014 | 12:00 PM

To be held at the house located at the North end of Main Street, Gilead, NE


AUCTIONEER’S NOTE: The auction will begin promptly at noon with small items.  The real estate will sell after all small items have been sold.  This is a smaller auction and will last 1-2 hours.


LEGAL DESCRIPTION:  Lot 7 & S. 12.5’ of Lot 8, Block 5, Original Town (Replat as Northside Addition), Gilead, Nebraska.

GENERAL DESCRIPTION:  This is 2+ bedroom home has a kitchen, dining room, living room, bathroom and 2 bedrooms on the main floor.  The upstairs is ready-to-finish and has 1 semi-finished room.  The home has a heat stove on the main floor, partial basement, enclosed porch on the rear or the home, metal siding, a 1 stall detached garage, and is located on a nice corner lot. 

TAXES:  Seller will be responsible for the 2013 and all prior year’s taxes. The 2014 taxes will be prorated to the date of closing based on the 2013 taxes.  The 2013 taxes were $339.80.

INEPECTION: Contact Justin Schultis at 402-300-1230 to schedule an appointment to view the property. 

TERMS: A 20% non-refundable earnest money deposit will be due upon signing purchase agreement day of sale.  Balance will be due by cash or certified funds on closing which will be on or about the 4th of June, 2014.  Property is not being sold subject to loan approval.  Make all financial arrangements prior to the auction.  Title insurance and escrow closing fees will be shared equally between Buyer and Seller.  If applicable, loan endorsements and lender’s title insurance policy will be paid by the Buyer.  Abstract & Title, Inc. will be the title insurance company and conduct the escrow closing.  Property sells in “AS IS” condition with all easements and restrictions whether of record or not.  No survey, warranty, inspections, repairs, or treatments implied or paid by Seller or the Real Estate Firm.   Schultis & Son, Inc. are agents of and represent the Seller.



Dresser w/ Mirror; Drop Front Secretary; Buffett; Wardrobe; Kitchen Cabinet; Full Size Bed; Irons; Rocker; Hall Tree; Magazine Rack; Tin Flour Sifter; Barn Lantern; Portable Singer Sewing Machine; Several Old Utensils; Pressure Cooker; Pots & Pans; Small Crock; Cream Can; Oil Finger Lamp; Coffee Table; Kelvinator Refrigerator; Frigidaire Dryer; Maytag Washer; Craftmatic Adjustable Bed, Twin, Like New; Other Items Not Mentioned.




Homemade Round Bale Mover; Baldor Farm Duty ¾ HP Electric Motor; Utility Cart; Corn Cups for 7000 JD Planter; 2 JD Cylinders; JD Draw Bar Clevis; Sway Block; 2 JD Tractor Weights; Chain; Several Long Handled Tools; Wrenches; Impact Driver; Several Sockets; Tool Boxes; Hitch Pins; High Lift Jack; Diesel Oil Barrel w/ Pump; Hydraulic Oil Barrel w/ Pump; Air Compressor; Several Fencers; Skil Drill; Craftsman ½” Electric Impact; B & D Cordless Drill; Skil Circular Saw; Coleman Heat Stove; Push Mower; Other Items Not Mentioned.



Contact Justin Schultis at 402-300-1230 for more information.


Robert H. Schroeder, Owner






222 W. 14th Street

Fairbury, NE 68352

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