Kendall, KS 67857 - Kearny County

LEGAL DESCRIPTIONS: S/2 of 32-23-38

LOCATION: From the intersection of Hwy 50 and Hamilton/Kearny County line at Kendall, Kansas, go 5 miles North to Road 190, then 1 miles East to the SW corner of the property. SIGNS ARE POSTED!!

MINERAL RIGHTS: All of the Sellers interest will transfer to the Buyer at closing.

FSA INFORMATION:

CRP acres - 289.4

Grassland acres - 30.6+

CRP PAYMENTS: There are 289.4 acres currently enrolled in the CRP program through 9/30/12 at $34.59 per acre for a total annual payment of $10,010.

Buyer will receive the landlords 50% share of the 2012 CRP payment which will accrue from October 1, 2011, through September 30, 2012.

POSSESSION: Date of closing.

TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be prorated to the date of closing.

(2011 taxes = $430.70)

PRICE: $320,000