ONLINE BIDDING: Tracts begin closing at 5:00 pm on Thursday, August 24, 2017
3 TRACTS RECREATIONAL & TILLABLE LAND NEAR WINFIELD LAKE
TRACT 1: 88.15 Ac Grass, Trees, Pond, Metal Shed
LEGAL DESCRIPTION: Tract in N/2 SW/4 Section 22, Township 31 South, Range 5 East of the 6th P.M., Cowley County, KS, containing 88.15 Acres
PROPERTY LOCATION: From Winfield KS: North on US 77/K15 Hwy to 132nd Rd, 1 mile north on 131st Rd, 1 mile east on 122nd Rd, 1 mil north on 141st Rd, 1 mile east on 112th Rd, 1.25 miles north on 151st Rd
OR From east edge of Winfield KS: US 160 Hwy east to 151st Rd & 9.5 miles north
2016 TAXES: $251.46 - Taxes prorated to date of closing
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TRACT 2: 63.22 ACRES TILLABLE LAND - COWLEY COUNTY KS
LEGAL DESCRIPTION: Tract in SE/4 SW/4 & SW/4 SW/4 Section 22, Township 31 South, Range 5 East of the 6th P.M., Cowley County, KS, beginning ...
LEGAL DESCRIPTION: Tract in SE/4 SW/4 & SW/4 SW/4 Section 22, Township 31 South, Range 5 East of the 6th P.M., Cowley County, KS, beginning 215.82 feet North of the SW/c, containing 63.22 Acres
PROPERTY LOCATION: From Winfield KS: North on US 77/K15 Hwy to 132nd Rd, 1 mile north on 131st Rd, 1 mile east on 122nd Rd, 1 mil north on 141st Rd, 1 mile east on 112th Rd, 1 mile north on 151st Rd
OR From east edge of Winfield KS: US 160 Hwy east to 151st Rd & 9.3 miles north
FSA INFORMATION:
63.22 Total Acres
58.73 Acres Tillable
4.49 Acres Grass & Waterway
WHEAT: 13.29 Acre Base, 33 Bu/Ac Yield
GRAIN SORGHUM: 2.92 Acre Base, 44 Bu/Ac Yield
SOYBEANS: 10.02 Acre Base, 11 Bu/Ac Yield
SOIL TYPE: Approx 78% Rosehill silty clay (1-3% slopes), 19% Irwin silty clay loam (1-3% slopes), 3% Labette silty clay loam (1-3% slopes)
CROP SHARE: Buyer shall receive landowners 1/3 share of 2017 fall crops not harvested by August 31, 2017, and equivalent FSA payment. Buyer shall reimburse / pay landowners 1/3 share of fertilizer and chemical applied to 2017 fall crops.
2016 TAXES: $146.26 Seller to give Buyer credit for one-half of 2017 taxes
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TRACT 3: 88.91 ACRES TILLABLE & GRASS
LEGAL DESCRIPTION: Tract in W/2 SE/4 & SW/4 Section 7, Township 31 South, Range 6 East of the 6th P.M., Cowley County, KS
PROPERTY LOCATION: From Winfield KS: Approx 7.5 miles north on US 77 Hwy to Co Rd 8 / 82nd Rd, 7.5 miles east to 181st Rd & 1 mile south (Property is on the East side)
FSA INFORMATION:
88.91 Total Acres
66.08 Acres Tillable
22.83 Acres Grass
WHEAT: 13.92 Acre Base, 33 Bu/Ac Yield
GRAIN SORGHUM: 3.05 Acre Base, 44 Bu/Ac Yield
SOYBEANS: 10.50 Acre Base, 11 Bu/Ac Yield
SOIL TYPE: Approx 88% Verdigris silt loam (0-1% slopes), balance Martin silty clay loam (3-7% slopes) & Florence cherty silt loam (5-15% slopes)
2016 TAXES: $899.56 Seller to give Buyer credit for one-half of 2017 taxes
CROP SHARE: Buyer shall receive landowners 1/3 share of 2017 soybean crop and equivalent FSA payment. Buyer shall reimburse landowners 1/3 share of fertilizer and chemical applied to 2017 soybeans.
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TERMS & CONDITIONS
BUYER'S PREMIUM: 10% will be added to High Bid to determine Contract Sales Price
EARNEST DEPOSIT: 10% of Contract Purchase Price
MINERALS: Minerals are believed to be intact; all Seller-owned minerals convey to Buyer
POSSESSION: At closing, and subject to current tenant lease, if any
CLOSING: On or before September 29, 2017; closing and title insurance shared equally
Lonnie & Colleen Bosley, Seller
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