Esbon, KS 66941 - Jewell County

REAL ESTATE AUCTION

TUESDAY, AUGUST 7

10:00 A.M.

Legal Description: W SW & S NW 29-2-10 Jewell County, Kansas

General Description: 160 acres located from Esbon 2 miles West and 1 mile North on 20 road. 73.4 cropland acres with 5.9 acres CRP. The CRP contract runs through 9/30/2018. The rental rate is $43.14 per acre. Roger Fricker planted the CRP and will receive 1/3 share of CRP contract on remainder of contract. Buyers will agree to maintain CRP contract. Base acres are wheat 41.3 yield of 34 bushel, grain sorghum 23.9 yield of 56 bushel; The direct payment total is $1,019.00. The balance of approximately 86 acres are pasture.

Terms: 10% down payment day of auction, the balance will be due upon closing on or before September 7 , 2012. Possession of milo & bean ground will be after 2012 milo harvest. Purchaser will receive 1/3 landlords share of milo & beans. Purchaser will pay the sellers 1/3 share of expense on milo & bean ground. Possession of open ground will be immediate. Possession of pasture ground will be immediate.

Seller will pay of 2012 taxes. 2011 taxes were $720.00. 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.