Manter, KSStanton County

200 ACRES CRP

LEGAL DESCRIPTION: NE/4 OF 21-28-43 and Lot 1 of 20-28-43

LOCATION: From Manter, KS go 4 miles North to W. Road 12, then 7 miles West to N. Road Y, 1½ miles North to the SE corner of the property. SIGNS WILL BE POSTED!!

MINERAL RIGHTS: Seller will retain ½ of the mineral rights for a term of 15 years with said reservation to be non-participating in lease monies, delay rentals and bonuses, but fully participating in royalties.

CRP INFORMATION:

* There are 46.1 acres currently enrolled in the CRP program through 9/30/09 at $35 per acre for a total annual payment of $1,613.50.

* There are 157.0 acres currently enrolled in the CRP program through 9/30/09 at $35 per acre for a total annual payment of $5,495.

The 2009 CRP payments which will accrue from October 1, 2008, through September 30, 2009 are negotiable.

POSSESSION: Date of closing.

REAL ESTATE TAXES: Seller will pay taxes for 2008 and prior years. Taxes for 2009 will be paid by the Buyer. (2008 TAXES – $462.64)