Larned, KSPawnee County

LEGAL DESCRIPTIONS:

NE/4, N/2SE/4 & SW/4SE/4 OF 29-20-18

LOCATION: From the Junction of Hwys 183 & 156 West of Larned go 7 miles North to Co. Rd. U, then 1 mile West to the the NE corner of the property OR from the intersection of Hwys 183 and 96 at Rush Center, KS go 12 miles South on US Hwy 183 to Co. Rd. U, then 1 mile West 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.

CROPS: Crops are subject to the tenant’s rights. There are approximately 87.1 acres planted to wheat, and the Buyer will receive the landlord’s 1/3rd share of the 2010 growing wheat crop.

FSA INFORMATION: Cropland acres - 238.6

Grassland acres - 41.4

Base Acres DCP Yield

Wheat 103.9 32

Oats 11.3 35

Grain Sorghum 100.1 44

Sunflowers 15.3 1311

Barley 4.5 34

Buyer will receive the landlord’s 1/3rd share of the FSA wheat payments and 100% of all feed grain payments associated with the 2010 crop year.

POSSESSION:

?Possession of the planted wheat acres will be after the 2010 wheat harvest.

?Possession of the open acres and grassland acres will be March 1, 2010.

REAL ESTATE TAXES: Seller will pay taxes for 2009 and prior years. Taxes for 2010 will be prorated to the date of closing.

(2009 TAXES – $1,689.28)

PRICE: $ 304,000

Realtor’s Note: Offering Buyers an excellent long term investment! Very productive soils. The 2010 wheat crop has been planted, excellent stand. Owner advised the 2009 milo crop is averaging 120+ bu. Current tenant would be agreeable to continuing his tenancy. Call Scotty Legere at 785-650-9970 for additional information!