LEGAL DESCRIPTION:
S/2SE/4 OF 31-2-37
LOCATION: From Bird City, KS on Hwy 36 go 1 mile East to County Road 30, then 5 miles North to CR S to the SE corner of the property.
MINERAL RIGHTS: Seller will retain ½ of the mineral rights for a term of 15 years with said reservation to fully participating in lease monies, delay rentals and bonuses and fully participating in royalties.
CROPS: Buyer will receive the landlord’s 1/3rd share of all crops, and reimburse the Seller for landlord’s share of chemical and fertilizer expenses on the 2010 growing crop.
FSA INFORMATION: Cropland acres - 78.3
Base Acres DCP Yield
Wheat 40.0 40
Corn 5.0 48
Grain Sorghum 7.6 46
Buyer will receive the landlord’s 1/3rd share of all FSA payments associated with the 2010 crop year...
Buyer will receive the landlord’s 1/3rd share of all FSA payments associated with the 2010 crop year
POSSESSION: Date of closing, subject to tenant’s rights.
REAL ESTATE TAXES: Seller will pay taxes for all of 2009 and prior years. Taxes for 2010 will be prorated to the date of closing.
(2009 taxes = $190.69)
PRICE: $96,000
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