322 N Jefferson, Wellington, KS 67152 - Sumner County

156.5 HIGHLY PRODUCTIVE, PRIME TILLABLE ACRES

AUCTION: Thursday, November 17, 2016, 7:00 pm

AUCTION LOCATION: Raymond Frye Complex, 322 N Jefferson, Wellington KS

Legal Description: NE/4 Section 32, Township 31, Range 2 West, Sumner County, KS

FSA INFORMATION:

Wheat: 155.9 Acre Base, 36 Bushel/Acre Yield

Soybeans: 3.7 Acre Base, 25 Bushel/Acre Yield

Barley: 0.4 Acre Base, 46 Bushel/Acre Yield

Soil Type: Approx 87% Bethany silt loam (0-1% slopes), 8.4% Kirkland silt loam (1-3% slopes), 5% Bethany silt loam (1-3% slopes) & Tabler silty clay loam (0-1% slopes)

2015 Taxes: $1,416.54

Earnest Deposit: $25,000

Minerals: Minerals are believed to be intact; all Seller-owned minerals convey to Buyer

TERMS & CONDITIONS

Possession: At closing subject to current farm tenancy

Crop Share: Buyer receives landowners 1/3 share of 2017 wheat crop and equivalent FSA payment; Buyer pays landowners 1/3 share of fertilizer/chemical

Closing: On or before December 19, 2016; closing and title insurance shared equally

Taxes: Seller to pay 2016 taxes and prior years

ETHEL E. ZEKA REVOCABLE TRUST, Seller

LARRY THEURER, CAI, GPPA, Auction Manager