Osborne, KS 66016 - Osborne County

AUCTION

For: John & June Reynolds

320 acres M/L Osborne County Kansas

Tuesday, October 30, 2012

10:30 A.M. at Veterans Bldg., 123 W Main, Osborne, KS

LAND LOCATION: One mile south From W220 Dr. & S230 Ave., Osborne County, KS

LEGAL DESCRIPTION: W2 32-9-14, Osborne County Kansas

FSA info: Cropland 188.9 acres, Grass and Habitat 131.1 acres, Base acres: Wheat 77.2 Oats 24.5 Grain Sorghum 58.6

TERMS: 10% down at conclusion of auction. Balance in certified funds at closing on or before November 30, 2012. Closing and Escrow agent to be Gregory Abstract and Title, 124 W Main, Osborne, KS. Buyer and Seller to share in all closing and title insurance costs equally.

POSSESSION: Tenants Rights to Neal Smith. Possession of grassland at closing and planted wheat cropland after 2013 harvest. Buyer will receive 1/3 of 2013 wheat crop. Seller is paying 1/3 of fall 12 chemical costs.

MINERALS: Sellers to reserve 50% mineral interest for a period of 7 years, or for as long as any newly developed production may exist. Otherwise non-participating in leases, delayed rentals, etc.

TAXES: Prorated to day of sale with seller paying that day. Taxes of $1300.84 are paid in full.

Announcements at auction take precedence over all other information whether verbal or printed.

Hill Realty & Homestead Realty & Auction are agents of the sellers only!