Morland, KS 67645 - Graham County

LEGAL DESCRIPTION:

S/2S/2 of Section 13-8-25, less two tracts in SW corner

LAND LOCATION: From Hwy 24 at Morland, Kansas, go 1 mile South to Main Street, then mile East to the SW corner of the property. SIGNS ARE POSTED!

MANNER OF SALE: This real estate will be offered in one tract. Auction procedure and increments of bidding are at the discretion of the auction company.

TERMS: 10% down day of sale, with the balance to be paid on or before May 1, 2015, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment, with the final payment to be made in certified funds. All funds will be held by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Announcements made day of sale take precedence over printed material and previously made oral statements.

MINERAL RIGHTS: Mineral rights are believed to be 100% intact and all of the Sellers interest will transfer to the Buyer at closing.

CROPS: There are no growing crops.

FSA INFORMATION: Grassland & river acres 110.64+

Cropland acres 19.76

CRP buffer strips 19.60

Base Acres Direct Yield

Wheat 19.8 33

Any FSA farm program payments associated with the 2015 crop year under the 2014 Farm Bill will be subject to FSA program elected provisions at the time of signup. Buyer will receive 100% of any payments associated with the 2015 crop year.

CRP PAYMENTS: There are 19.6 acres in buffer strips currently enrolled in CRP thru 9-30-2015 at $31.26 per acre for an annual payment of $613. The 2015 CRP payment will go to the Buyer.

CLOSING: Closing will be on or before May 1, 2015.

POSSESSION: Date of closing.

REAL ESTATE TAXES: Seller will pay taxes for 2014 and prior years. Taxes for 2015 will be prorated to the date of closing. (2014 Taxes = $219.09)

EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer in the amount of the purchase price with the premium to be paid one-half by the Buyer and one-half by the Seller.

ACCEPTANCE OF BIDS: Acreage figures are considered to be approximate and are from reliable sources based on (USDA) FSA figures. FSA acres may not be the same as deeded acres. The number of acres are not guaranteed by title insurance.

ACREAGES: Acreage figures are considered to be approximate and are from reliable, sources, based on (USDA) FSA figures. All FSA information is subject to change. FSA acres may not be the same as deeded acres or county appraiser acres.

INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections and due diligence concerning pertinent facts about the property. Neither Seller nor Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied.

EASEMENTS: This sale is subject to all rights-of-way and easements, whether recorded or not, and to oil and gas leases, if any.

AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Seller.

EXCELLENT HUNTING POTENTIAL ALONG THE SOLOMON RIVER

PERSONAL PROPERTY SELLS IMMEDIATELY FOLLOWING SALE OF THE LAND

AUCTIONEERS NOTE: The late Everett Harvey was very proud of his home and acreage LOCATED ON THE SOLOMON RIVER just East of Morland.

This property has lots of deer and turkey for the avid sportsman. The RIVER RUNS ALONG THE NORTH BORDER OF THIS PROPERTY, wandering back and forth onto the adjoining tract of land.

The modular home is very modern and is ideal for a HUNTING CABIN or for someone wanting their own private property with LIVE WATER, lots of trees and habitat.

For access to the home and buildings, CALL J.D. HININGER, LISTING AGENT, AT 785-567-8019!!

SEE YOU AT THE AUCTION!