LEGAL DESCRIPTION: SW/4 of 27-8-29
LOCATION: From the intersection of Hwy 188 & 30S Road in Seguin, Kansas, go 2 miles East to 60W Road, then mile South to the NW corner of the property. SIGNS WILL BE POSTED!
CROPS: 2013 milo and 2014 wheat crops are subject to the tenants rights under a current Farm Cash Lease agreement.
FSA INFORMATION: Cropland acres - 156.96
Base Acres DCP Yield
Wheat 57.9 37
Grain Sorghum 59.8 50
Buyer will receive 100% of all FSA grain sorghum FSA payments, if any, associated with the 2014 crop year. 100% of all FSA payments associated with the 2013 crop year, and all FSA wheat payments associated with the 2014 crop year, will be retained by the tenant.
POSSESSION: Possession will be after the 2013 milo harvest on the acres planted to milo, and after the 2014 wheat harvest on the acres that will be planted to wheat this fall.
MINERAL RIGHTS: Seller will reserve 100% of all mineral rights perpetually.
REAL ESTATE TAXES: Seller will pay taxes for 2012 and prior years. Taxes for 2013 will be prorated to the date of closing. (2012 taxes - $378.98)
PRICE: $464,000
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