Ash & 290, Republic, KS 66970 - Jewell County

REAL ESTATE AUCTION

MONDAY, OCTOBER 17

1:00 P.M.

Auction will be held at the school Community Center Republic, Kansas

TRACT I: NW 26-1-6 Jewell Co. Kansas

The farm is located on Ash & 290 Road..

There are 158.10 acres with 145.39 cropland acres. Base acres are 33.91 wheat with 41 bu yield, 59.77 corn with 166 bu yield, 2.80 grain sorghum with 145 bu yield, 34.52 soybean with 50 bu yield for a total base acres of 131.0. Conservation system is being actively applied.

This farm has a 7 tower T & L pivot w/end gun, 3 x 4 Berkley pump 1000 gal per minute, 2012 John Deere diesel 4024 power unit. Half of the pivot is 2011, the other half 2014.

2015 Taxes were $3,815.22, Bostwick irrigation $4,312.44, Bostwick repair $427.50 for a total of $8,555.16.

TRACT II: N NE 22-1-6 Jewell Co. Kansas

The farm is located on Birch & 290 Road.

There are 77.01 acres with 77.01 cropland acres. Base acres are 19.20 wheat with 41 bu yield, 33.80 corn with 166 bu yield, 1.60 grain sorghum with 145 bu. yield, 19.40 soybeans with 50 bu yield for a total base acres of 74. Conservation system is being actively applied. This farm has irrigation pipe.

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2015 taxes were $1,722.20, Bostwick irrigation $

2,005.74, Bostwick repair $199.30 for a total of $3,927.24.

TRACT III: NE 27-1-6 Jewell Co. Kansas.

The farm is located on Ash & 290 Road.

There are 154.79 acres with 141.39 cropland acres. Base acres are 32.58 wheat with 41 bu yield, 57.42 corn with 166 bu yield, 2.69 grain sorghum with 145 bu yield, 33.17 soybean with 50 bu yield for a total base acres of 125.86. The pivot, pump and motor are owned by the renter.

2015 taxes were $3,463.08, Bostwick irrigation $3,980.78, Bostwick repair $394.20 for a total of $7,838.06.

Tract IV: NE 34-1-6 Jewell Co. Kansas, less 26 acres on East side irrigation ditch.

The farm is located on Z & 290 Roads.

There are 117.87 acres with 115.74 cropland acres. Base acres are 43.29 wheat with 42 bu yield, 56.58 grain sorghum with 88 bu yield, .16 soybeans with 36 bu yield for a total base acres of 100.03.

2015 taxes were $2,336.24.

Seller will pay 2016 taxes, purchaser will pay 2017 taxes.

Terms: 10% of purchase price as down payment day of auction, the balance will be due upon closing on or before November 16, 2016. Down payment will be escrowed with Downing, Alexander & Wood Attorney, escrow fees will be split 50/50 between seller & purchaser. Title insurance will be used, the cost will be split 50/50 between seller & purchaser.

Possession will be March 1, 2017. Thummel Real Estate & Auction LLC is acting as seller agent. All statements made day of auction take precedence over printed material.

CHARLOTTE WALTERS ESTATE

JAMES R. BROOKS TRUST

ANNA M. HOOVER TRUST

Auction Conducted By

Thummel Real Estate & Auction LLC