AUCTION: Thursday, March 23, 2017, 7:00 pm
AUCTION LOCATION: Raymond Frye Complex, 320 N Jefferson, Wellington, KS
LEGAL DESCRIPTION: E/2 NE/4 Section 9, Township 32, Range 1 West, Sumner County, KS
DIRECTIONS:
From US Hwy 160 on west edge of Wellington: 1.5 miles north on Ridge Rd
75.24 Total Acres
49.01 Acres Tillable
26.23 Acres Hay Meadow
FSA INFORMATION:
WHEAT: 36.7 Acre Base, 35 Bu/Ac PLC Yield
SOYBEANS: 21.0 Acre Base, 11 Bu/Ac PLC Yield
GRAIN SORGHUM: 8.2 Acre Base, 37 Bu/Ac PLC Yield
SOIL TYPE: Approx 49% Milan loam (1-3% slope), 43% Milan loam (3-6% slope), balance Elandco silty clay loam and Bethany silt loam
2016 TAXES: $508.44 Buyer to pay 2017 taxes
Earnest Deposit: $5,000
Minerals: Minerals are believed to be intact; all Seller-owned minerals convey to Buyer
Possession: At closing and subject to current cash rent lease with Ternes Brothers; after 2017 wheat ha...
Possession: At closing and subject to current cash rent lease with Ternes Brothers; after 2017 wheat harvest on tillable acres; after harvest of hay meadow on or before August 1, 2017
Crop Share: Buyer to receive 2017 cash rent in the amount of $2,453.60
Closing: On or before April 24, 2017; closing and title insurance shared equally
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