La Crosse, KS 67548 - Rush County

SELLERS: CLARENCE E. OCHS & LENORA M. OCHS REVOCABLE TRUSTS

LEGAL DESCRIPTION: W/2 of Section 26-17-18, less airport acres

LAND LOCATION: From the intersection of Hwy 183 and Hwy 4 in LaCrosse, Kansas, go 1 miles East to the SW corner of the property. SIGNS WILL BE POSTED!

MANNER OF SALE: This real estate will be offered in one tract only. Auction procedure and increments of bidding are at the discretion of the auction company.

TERMS: 10% down day of sale, balance to be paid on or before October 16, 2014, or upon such terms as may be acceptable to the Sellers. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Announcements made day of sale take precedence over printed material and previously made oral statements.

MINERAL RIGHTS: MINERAL RIGHTS ARE BELIEVED TO BE 100% INTACT! All of the Sellers interest will transfer to the Buyer at closing.

CROPS: Sellers will retain the landlords 1/3rd share of the 2014 milo crop.

FSA INFORMATION: Cropland acres 224.9

Base Acres Direct Yield

Wheat 154.3 34

Grain Sorghum 52.7 44

All FSA farm program payments associated with the 2014 crop year will be subject to the 2014 Farm Bill provisions.

CLOSING: Closing will be on or before October 16, 2014.

POSSESSION: Date of closing, subject to the tenants rights to harvest the 2014 milo crop.

REAL ESTATE TAXES: Taxes for 2014 will be prorated to the date of closing. (2013 taxes - $912.48)

ACREAGES: Acreage figures are considered to be approximate and are from reliable sources based on (USDA) FSA figures. All FSA information is subject to change, including but not limited to the number of cropland acres, grass acres, base acreages and yields. FSA acres may not be the same as deeded acres or county appraiser acres. Acreages are not covered by title insurance.

ACCEPTANCE OF BIDS: The successful bidder will be required to enter into a real estate purchase contract immediately following the auction. Copies of the contract will be available prior to the sale.

EVIDENCE OF TITLE: Sellers will provide title insurance on the real estate to the Buyer in the amount of the purchase price with the premium to be paid one-half by the Buyer and one-half by the Seller. Title evidence will be provided on sale day.

INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections and due diligence concerning pertinent facts about the property. Neither Sellers nor Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied.

EASEMENTS: This sale is subject to all rights-of-way and easements, whether recorded or not, and to any current oil and gas leases of record.

AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Sellers.

AUCTIONEERS NOTE: This is a GREAT OPPORTUNITY to purchase EXCELLENT CROPLAND located on Hwy 4 less than a mile from LaCrosse, Kansas. This fine parcel has been owned by the Ochs Family for many years and will be offered at ABSOLUTE PUBLIC AUCTION on Tuesday, September 16, 2014, at the LaCrosse City Auditorium. The land lays well and consists of mostly Harney and Ulysses soils, and has been well taken care of!

This land is located in a strong mineral area. The mineral rights are BELIEVED TO BE 100% INTACT and will transfer to the Buyer at closing.

Call listing agent, Neal Mann, at 785-635-2102 for a tour TODAY!

SEE YOU AT THE AUCTION!!