D Road, Randall, KS 66963 - Jewell County

REAL ESTATE AUCTION

MONDAY, OCTOBER 29

10:00 A.M.

Auction will be held at the Community Center on the South side of the square in Jewell, Ks.

Tract I

Legal Description: E SW 14-5-7 Jewell Co.

General Description: 80 acres 1 mile South, 1 mile West, 1 mile South, mile West of Randall on D road. 79.6 acres cropland, Wheat base 60.5 acres, 36 bu yield, Milo base 19.1 acres, 58 bu yield, total base acres of 79.6. Classified as not HEL. Possession will be after 2013 wheat harvest. Purchaser will receive cash rent on wheat ground. Seller will pay 2012 taxes, purchaser will pay 2013 taxes. 2011 taxes were $788.00

Tract II

Legal Description: NE 11-5-7 Jewell Co.

General Description: 156 acres mile West of Randall on F road. 75.26 acres cropland, 11.8 acres brome, 66.20 acres pasture, 2.82 with older house and building. Conservation system is being actively applied. Possession on pasture, brome and buildings will be on March 1, 2013. Possession of crop land will be after 2013 harvest. Purchaser will receive cash rent on wheat ground. Seller will pay 2012 taxes, purchaser will pay 2013 taxes. 2011 taxes were $973.28.

Tract III

Legal Description: NW 12-5-7 Jewell Co.

General Description: 156 acres just West of Randall on F road across from Tract III. 111.81 acres cropland, 40.52 acres grass, 4.29 acres trees. Conservation system is being actively applied. Possession on grass will be March 1, 2013. Possession on crop land will be after 2013 wheat harvest. Purchaser will receive cash rent on wheat ground. Seller will pay 2012 taxes, purchaser will pay 2013 taxes. 2011 taxes were $948.90.

Base acres on Tract II & III are wheat 98.6 acres, 36 bu yield, Oats 5.2 acres, 44 bu yield, Corn 4.7 acres, 51 bu yield, Milo 34.2 acres, 58 bu yield, for a total base of 142.7 acres.

Tract IV

Legal Description: NW 18-5-6

General Description: 157 acres 1 mile South of Randall on 250 road. 84.3 cropland acres, Wheat base 47.1 acres, 36 bu yield, Milo 28 acres, 58 bu yield, total base of 75.1 acres. The balance is pasture. Classified as not HEL. Possession on pasture will be March 1, 2013. Possession of crop land will be after 2013 wheat harvest. Purchaser will receive cash rent on wheat ground. Seller will pay 2012 taxes, purchaser will pay 2013 taxes. 2011 taxes were $965.08.

Terms: 10% down payment day of auction, the balance will be due upon closing on or before December 5, 2012. Title insurance will be used, the cost will be split 50/50 between seller & purchaser. Weltmer Phillips will be the escrow agent, escrow & closing fees will be split 50/50 between seller & purchaser. Seller will pay 2012 taxes, Purchaser will pay 2013 taxes. All statements made day of auction take precedence over printed material. Thummel Real Estate & Auction LLC is acting as seller agent.

Norval & Arvel McElroy, owners