Auction

150 Acres More or Less Ness County, Kansas

For: Munsch et al

Date: Monday, June 6th, 2016

Time: 11:00 A.M.

Auction Location: Ness County Bank Building- 102 W. Main, Ness City, Kansas 67560

Land Location

 From the intersection of Hwy 283 and K-96 in Ness City, KS go 7 miles South to 60 Rd., then 4 miles East to the Southwest corner of the property.

Legal Description

Southwest Quarter (SW/4) of Section Thirty-Six (36) Township Nineteen (19) South, Range Twenty-Three (23), West of the 6th P.M., Ness County, Kansas. Less a 10 +/- Acre tract in the Northwest Corner

FSA Information

72.48 Acres Cropland (26.20 Acres Planted Wheat)

74.57 Acres Grassland watered by water well, powered by electricity & an earth dam.

General Information

This is a very nice, highly productive property, having excellent soil types on the cultivation & grassland, with 0-3% slopes for an option to be considered on the grassland. The access is good with gravel roads on the South & West sides.

Taxes

Sellers to pay 1st half of the 2016 taxes based on 2015 taxes and prior. Purchaser to pay 2nd half of 2016 and future taxes. 2015 taxes were $368.50.

Minerals

All sellers interest to be conveyed and to sellers knowledge minerals are intact.

Terms

10% down day of sale, balance to be paid upon title approval and delivery of deed, said closing to be on or before July 6th, 2016 or as soon as title requirements, if any, can be corrected. Title insurance will be furnished and the cost to be equally shared between seller & purchaser.

Possession

Immediate on approx. 42 idle acres that have been prepared to plant to corn or milo and after paying the tenant $400.00 for chemical and application. Possession on the 26.20 planted wheat acres will be after the 2016 wheat harvest with land owner and tenant retaining the harvested crop. Possession on the grassland will be November 1st, 2016 with $1,050.00 or $14/acre paid to the purchaser on or before November 1st, 2016

Government Programs

Purchaser to stay in compliance with all U.S. Government Programs the property is presently enrolled in. Purchaser to receive crop interest payments for 2017 and future. There is a 50.5 acre wheat base with a 38bu. P.L.C. Yield and it is in the ARC-CO program.

Live internet bidding available. Call for details.

Agency Disclosure

Farmland Auction & Realty Co., Inc. is the agent of the seller. If the purchaser desires representation, legal counsel is advised.

Farmland Auction & Realty Co., Inc.

1390 E 8th, Unit A, Hays, KS 67601

785-628-2851 Toll Free: 1-888-671-2851

E-Mail: farmland@farmlandauction.com

Web: www.farmlandauction.com