Syracuse, KS 67836 - Hamilton County

LEGAL DESCRIPTIONS:

W/2 of 21-25-40

E/2 & SW/4 of 28-25-40

Section 29-25-40, less a tract

Section 32-25-40 ALL OF SECTION TWENTY-NINE (29), TOWNSHIP TWENTY-FIVE (25) SOUTH, RANGE FORTY (40) WEST OF THE 6TH P.M.;

Section 33-25-40

N/2 of 34-25-40

LOCATION: From the intersection of Hwys 50 and 27 in Syracuse, Kansas, go 8 miles South to SW CR 29, then 1 mile East to the NW corner of the property. SIGNS WILL BE POSTED!

MINERAL RIGHTS: MINERAL RIGHTS ARE BELIEVED TO BE 100% INTACT, AND WILL TRANSFER TO THE BUYER AT CLOSING.

CROPS: Tenant will retain 100% of the 2014 wheat crop under the expired Cash Lease Agreement. Buyer will receive the remaining cash lease payment in the amount of $30,000 due August 1, 2014.

FSA INFORMATION: Cropland acres - 1,988.4

Grassland acres - 1,032.6+

Base Acres DCP Yield

Wheat 1150.2 28

Grain Sorghum 128.0 29

Soybeans 81.3 15

Barley 87.7 26

POSSESSION:

Date of closing on the grassland acres, except on the W/2 of 21-25-40, where possession will be Oct. 21, 2014.

Date of closing, subject to the tenants right to harvest the 2014 wheat crop on the planted wheat acres.

Date of closing on any open cropland acres.

REAL ESTATE TAXES: Seller will pay taxes for 2013 and prior years. Taxes for 2014 will be the responsibility of the Buyer.

(2013 taxes - $8,870.74)

PRICE: $5,429,400