REAL ESTATE AUCTION
TUESDAY, APRIL 30
7:00 P.M.
Auction will be held at the Downtown Community Center 311 Walnut in Jamestown, Kansas
TRACT I
Legal Description: SW 35-5-5 Cloud Co. Kansas
General Description: Located 2 miles South of Jamestown, Kansas on 40th & Rock roads. The farm has 106.83 acres of cropland, 3.58 acres waterways, 42.1 acres of pasture. Seller will pay of 2013 taxes, Purchaser will pay of 2013 taxes. 2012 taxes were $1,000.22.
TRACT II
Legal Description: SW NE & NW 2-6-5 Cloud Co. Kansas less tract of approximately 11 acres with home in NW corner of NW .
General Description: Located on Rock road. The farm has 69.79 acres of cropland, 1.23 acres waterway, 11.31 acres of hay ground, 67.07 acres grass. Seller will pay of 2013 taxes, Purchaser will pay of 2013 taxes. 2012 taxes were $575.30.
The total acres of farmland for both tracts are 350.0 with cropland of 193.8 acres. Total base acres are Wheat 108.1, Grain Sorghum 77.1 for a total base acres of 185.2 acres. The conservation system is being actively applied. Possession of farm ground will be after 2013 wheat harvest. Seller will retain the 2013 wheat crop rent. Possession of the pasture will be upon closing.
Terms: 10% of purchase price as down payment day of auction, the balance will be due upon closing on or before May 30, 2013. Title insurance will be used, the cost will be split 50/50 between seller & purchaser. Escrow fees and closing cost will be split 50/50 between seller & purchaser. Scott Condray Attorney will act as escrow agent. Thummel Real Estate & Auction LLC is acting as seller agent. All statements made day of auction take precedence over printed material.
RALPH & PAULINE SWEARINGEN TRUST
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