Utica, KS 67854 - Ness County

LEGAL DESCRIPTION: NE/4 OF 2-16-26

LOCATION: From the intersection of Hwy 4 & D Road at Utica, Kansas, go 4 miles North to the Gove/Ness county line, then mile East to the NW corner of the property. SIGNS WILL BE POSTED!

MINERAL RIGHTS: Seller will retain of the mineral rights for a term of 10 years or for as long as production, if any, exists. The reservation will be non-participating in lease monies, delay rentals and bonuses, but fully participating in royalties.

FSA INFORMATION: CRP acres: 152.1

Grassland acres: 7.9+

CRP PAYMENTS: There are 152.1 acres currently enrolled in the CRP program through 9/30/21 at $39.17 per acre for a total annual payment of $5,958.

The 2014 CRP payment which will accrue from October 1, 2013, through September 30, 2014, will be prorated to the date of closing. Buyer will receive 100% of the 2015 CRP payment.

POSSESSION: Date of closing.

REAL ESTATE TAXES: Taxes for 2014 will be prorated to the date of closing. (2013 taxes = $306.60)

PRICE: $250,000

This land is in an area of oil activity, and the minerals are not currently leased for oil & gas!