Possession: Possession of the cultivation will be after 2024 wheat harvest. Possession of the pasture will be upon closing. Current cash rent agreement is $50/per cultivated acres.

Taxes: 2023 - $956.96 Taxes will be prorated to the date of closing.

Tract 1A: 154 Acres - Mineral Rights Only

Legal Description: The NE minus a tract of 26-29-9W in Kingman Co., KS (full legal description to be described by Security 1st Title). Mineral Rights Only.

Mineral Rights: Buyer shall receive Sellers 0.1171875 royalty interest. Income from gas production was $4,714.09 in 2023.

Tract 2: 160 Acres - Surface Rights Only

Legal Description: The NE of 25-29-9W in Kingman Co., KS (full legal description to be described by Security 1st Title). Surface Rights Only.

Location: From Zenda, KS travel 4 miles north on SW 90 Ave, travel 1 miles east on SW 100 St.

Description: This property consists of 160.5 acres of farmland to all terraced cultivation. There are two producing oil/gas wells with mineral rights selling separately. Gravel road frontage and electricity are available.

Soil Types: 72% Class 2 Nalim loam and Shellabarger sandy loam; 28% Class 3 Shellabarger sandy loam, Albion sandy loam, and Nalim loam.

Possession: Possession will be after 2024 wheat harvest. Current cash rent agreement is $50/per cultivated acres.

Taxes: 2023 - $1,276.10 Taxes will be prorated to the date of closing

Tract 2A: 160 Acres - Mineral Rights Only

Legal Description: The NE of 25-29-9W in Kingman Co., KS (full legal description to be described by Security 1st Title). Mineral Rights Only.

MINERAL RIGHTS

Buyer shall receive Sellers 0.21875 royalty interest. Income from oil/gas production was $5,155.46 in 2023

WATER RIGHTS

TAXES

Tract 1 Surface: 2023 - $956.96 Taxes will be prorated to the date of closing. Tract 2 Surface: 2023 - $1,276.10 Taxes will be prorated to the date of closing

POSSESSION

Possession will be after 2024 wheat harvest. Current cash rent agreement is $50/per cultivated acres.

TERMS

Earnest money required and shall be paid the day of the auction. Tract 1: $10,000; Tract 1A: $2,000, Tract 2: $10,000, Tract 2A: $2,000 with the balance due on or before April 26, 2024. The property is selling in as is condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.