LAND AUCTION CHEYENNE COUNTY, KANSAS
IRRIGATED CROPLAND
LAND AUCTION
Monday, December 3, 2012 at 1:30 pm CT
Auction Site: Western Auction & Real Estate Auction Pavilion, West HWY 36, St. Francis, KS
MANNER OF SALE: The real estate will be offered at auction as an individual tract, to
the highest bidder. Auction procedure and increments of bidding are at the discretion
of the Auctioneer.
TERMS: 10% down day of sale with the balance to be due on or before December 20,
2012, or upon such terms as may be acceptable to the Seller. Personal and corporate
checks are acceptable for the down payment with the final payment to be due in
certified funds at closing. All funds will be held by the Broker in their trust account.
Bidding is not contingent upon financing. Financing, if necessary, must be arranged
and approved prior to the auction. ANNOUNCEMENTS MADE DAY OF SALE SHALL
TAKE PRECEDENCE OVE...
TAKE PRECEDENCE OVER PRINTED MATERIAL AND PREVIOUSLY MADE ORAL
STATEMENTS.
FSA CROP INFORMATION: Buyer is responsible to enter into the FSA program, if desired.
The land is currently registered with the Cheyenne County, Kansas FSA office.
IRRIGATION INFORMATION: Seller transfers ownership of 8 Tower Valley Sprinkler
and (2) Irrigation motors which are connected to natural gas.
CROPS: Buyer shall receive Sellers 2013 Wheat Crop. Approx. 18 acres are planted
to wheat, the balance under the sprinkler is in corn stalks and wheat stubble.
REAL ESTATE TAXES: Seller is responsible for 2012 taxes and prior years.
MINERAL RIGHTS: All mineral rights owned by the Seller shall be transferred to the
Buyer(s) at closing.
CLOSING & POSSESSION: The date of closing shall be on or before December 20,
2012. On acres planted to wheat and wheat stubble, possession shall transfer at
closing. Acres currently in corn stalks shall transfer to Buyer on February 1, 2013.
EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer in the amount
of the purchase price with the premium to be paid one-half by Buyer and one-half by
Seller. Title evidence will be provided on sale day.
ACCEPTANCE OF BIDS: The successful bidder will be required to enter into a real
estate purchase contract immediately following the auction. Copies of the contract
will be available from the Auctioneer prior to the sale.
ACREAGES: Acreage figures are considered to be approximate and are from reliable
sources, based on FSA figures. All FSA information is subject to change. FSA acres
may not be the same as deeded acres.
EASEMENTS: This sale is subject to all right-of-way and easements, whether recorded
or not.
SURVEY: The Seller is not offering a survey. All property sells as it is, where it is, and
in its present condition.
INSPECTIONS: Each potential bidder is responsible for conducting their own independent
inspections & due diligence concerning pertinent facts about the property.
Neither the Seller, or Western Auction & Real Estate, LLC, its agents or representatives,
are making any warranties about the property, either expressed or implied.
AGENCY: Western Auction & Real Estate, LLC, its agents and representatives, are
Exclusive Agents of the Seller. No compensation for other agents is available for
this transaction. Announcements made day of sale shall take precedence over any
printed material or prior representations. All information herein is believed to be correct.
Western Auction & Real Estate, LLC makes no warranties or guarantees either
expressed or implied.
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