MINERAL RIGHTS: All of the Seller’s interest will
transfer to the Buyer at closing.
FSA INFORMATION: CRP acres 591.6
Grassland acres 48.4+
-There are 591.6 acres currently enrolled in the CRP
program through 9/30/10 at $32.16 per acre for a total
annual payment of $19,026.
-The 2009 CRP payment, which will accrue from October 1, 2008, through September 30, 2009 will be prorated to the date of closing.
REAL ESTATE TAXES: Seller will pay taxes for all of 2008 and prior years. Taxes for 2009 will be prorated to the date of closing. (2008 Taxes = $1,008.66)
POSSESSION: Date of Closing
PRICE: $561/Per Acre
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