Edson, KSSherman County

LEGAL DESCRIPTION: SE/4 OF 5-10-38

LOCATION: From I-70 exit 27 at Edson, KS, go 6½ miles South to County Road 57, 2 miles West to County Road 27, then 1½ miles South to the NE corner of the property. SIGNS WILL BE POSTED!

MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer at closing.

FSA INFORMATION: CRP ACRES: 159.6

BASE ACRES* DPC YIELD

Wheat 72.1 29

Grain Sorghum 15.7 45

*Base acres to return to the land per Wallace County FSA

CRP INFORMATION:

?There are 159.6 acres currently enrolled in the CRP program through 9/30/2009 at $35 per acre for a total annual payment of $5,586.

?The 2009 CRP payment which will accrue from October 1, 2008, through September 30, 2009, will be retained by the

Seller

POSSESSION: Possession will be date of closing.

REAL ESTATE TAXES: Seller will pay taxes for all of 2009 and prior years. Taxes for 2010 will be paid by the Buyer. (2008 taxes = $242.00)

Potential cash lease available – Call Steve for details!

PRICE: $136,000