Aurora, KS 67417 - Cloud County

REAL ESTATE AUCTION

THURSDAY, AUGUST 2

10:00 A.M.

Legal Description: SW 8-7-1 Cloud Co. Kansas

General Description: 160 acres located 3 miles East of Aurora on Jade Road & 250th. There are 125.1 cropland acres with the balance grass & trees. Wheat base is 93.5 acres with 33 bu yield, oats base is 4.4 acres with 47 bu yield, mile base is 8.9 acres with 52 bu yield, for a total base of 106.8 acres.

Terms: 10% of purchase price as down payment day of auction, the balance will be due upon closing on or before September 4, 2012. Possession of open ground will be immediate. Possession of 36 acres planted to beans will be after bean harvest. Possession of 47 acres planted to milo will be Feb. 1, 2013. Renter will pasture the milo stalks and use the pond in the grass for water. Purchaser will receive the landlords 40% rent share on beans & milo. Purchaser will pay landlords share of input cost on beans & milo. Taxes will be pro-rated to closing. 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.

Thummel Real Estate & Auction LLC is acting as seller agent. All statements made day of auction take precedence over printed material.