LEGAL DESCRIPTION: N/2 of 32-12-38 & NW/4 of 33-12-38
LOCATION: From the intersection of Hwy 40 and Road 26 in Wallace, Kansas, go 4 miles North to Tumbleweed Road, then 1 mile East to the NW corner of the property.
SIGNS WILL BE POSTED!
MINERAL RIGHTS: All of the Sellers interest will transfer to the Buyer at closing.
CROPS: Crops are subject to the tenants rights under a 3 year cash lease agreement.
FSA INFORMATION: Cropland acres - 474.5
Base Acres DCP Yld
Wheat 232.3 33
Grain Sorghums 64.7 826
Barley 47.6 39
FSA payments are subject to the tenants rights under a 3 year cash lease agreement.
POSSESSION: Date of closing, subject to the tenants rights.
TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be prorated to the date of closing.
(2011 taxes = $744.18)
PRICE: $672,000
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