AUCTION: Tuesday, March 13, 2018, 7:00 pm
Raymond Frye, 320 N Jefferson, Wellington KS
78.6 ACRES TILLABLE LOCATED SOUTH OF ARGONIA KS
LEGAL: S/2 NE/4 Section 20, Township 33 South, Range 4 West, Sumner County KS
DIRECTIONS From Jct Hwy 44 & Argonia Rd (south of Argonia KS): 1/2 mile North on Argonia Rd
75.6 Acres Tillable
3.0 Acres Waterway
Wheat Base: 75.6 acres; 39 Bu/Ac Yield
SOIL TYPES: Primarily Kirkland silt loam (0-1% & 1-3% slopes), balance Bethany silt loam and Wellsford-Elandco Complex
TAXES: $682.28
POSSESSION: At closing, subject to current tenant lease, and after 2018 wheat harvest
CROP SHARE: Landowners 1/3 share of 2018 wheat crop to Buyer; Buyer pays fertilizer/chemical for 2018 wheat crop
MINERALS: Seller retains 50% of minerals, participating, for 10 years from date of closing. If no production at end of 10 years, 100% mineral interest reverts to then curren...
MINERALS: Seller retains 50% of minerals, participating, for 10 years from date of closing. If no production at end of 10 years, 100% mineral interest reverts to then current owner
LONDA FISCHER, KEVIN WILLIAMS & ALVIN WILLIAMS, Sellers
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