LEGAL DESCRIPTION: All of Section 9-14-22
LOCATION: From I-70 Exit 127 at Wakeeney, Kansas, go 12 miles South on Hwy 283 to Road U, then 5 miles East to the SW corner of the property. SIGNS WILL BE POSTED!
CROPS: Buyer will receive the landlords 1/3 share of the 2014 wheat crop.
FSA INFORMATION: Cropland Acres: 212.3
Expired CRP Acres: 58.3
Grass & Farmstead Acres: 369.4+
Base Acres Direct Yield
Wheat 147.3 31
Grain Sorghum 44.4 43
Buyer will receive the landlords 1/3rd share of all FSA wheat payments, if any, and 100% of the feed grain payments, if any, associated with the 2014 crop year.
POSSESSION: Date of closing, subject to the tenants rights.
MINERAL RIGHTS: Seller will convey 50% of the mineral rights...
MINERAL RIGHTS: Seller will convey 50% of the mineral rights to the Buyer at closing.
ADDITIONAL INFORMATION: This land is very productive for agriculture and has oil production in the area.
REAL ESTATE TAXES: Seller will pay taxes for all of 2013 and prior years. Taxes for 2014 will be the responsibility of the Buyer. (2013 taxes = $951.58)
PRICE: $1,050,000
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