REAL ESTATE AUCTION
MONDAY, NOVEMBER 12
1:00 P.M.
Auction will be held in the Community Center on the South side of the square in Jewell, Ks.
Legal Description: SE 24-4-8 & 4 acres in NE NE 25-4-8 Jewell, Co. Kansas
General Description: 157 acres with 141.4 acres cropland located mile North of Jewell on Highway 14. Base acres are wheat 72.5 acres, 35 bu yield; milo 53.5 acres, 57 bu yield; soybeans 5.6 acres, 17 bu yield for a total base of 131.6 acres.
Terms 10% of purchase price as down payment day of auction, the balance will be due upon closing on or before December 31, 2012. Possession of the ground will be after the 2013 wheat harvest. Purchaser will receive the 1/3 landlord share of the 2013 planted wheat. Purchaser will pay 1/3 input cost on the 2013 wheat.
Seller pays 2012 taxes, Purchaser will pay all of 2013 taxes. 2011 taxes were $1,031.94. Title insurance will be used, the cost will be split 50/50 between seller & purchaser. Escrow & closing fees will be split 50/50 between seller & purchaser. Weltmer Phillips will act as escrow agent.
Thummel Real Estate & Auction LLC is acting as seller agent. All statements made day of auction take precedence over printed material.
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