1,235 +/- ACRES KANSAS LAND AUCTION

             LOCATED IN PHILLIPS, ROOKS and OSBORNE COUNTIES

                      Sells in Six Individual Tracts – No Combinations

               Cropland – Pasture – Woods that Provide Great Hunting Habitat!

                              Tuesday, February 27, 2018, 10:00 A.M.

                  Auction Location: Nova Theater (517 Main) Stockton, Ks

                        Come Early for Refreshments and To Register

                 Online Bidding Available! – Register at hamitauction.com

Tract 1 – Legal Description: The South Half (S/2) of Section Thirteen (13), Township Five (5) South, Range Sixteen (16) West of the 6th P.M., Phillips County, Kansas being 314.59 acres more or less. Land Location: The intersection of E 1300 Rd and E Big Bear Rd is the Southwest Corner

FSA & General Information: 279.39 of total cropland with the balance is grassed waterways and waste. Wheat Base – 116.28 acres, PLC Yield 37 bu.; Grain Sorghum Base – 30.09 acres, PLC Yield 45 bu.; Sunflower Base - .16 acres, PLC Yield 1069 lbs.; Soybean Base  - 63.67 acres, PLC Yield 19 bu. – All cropland is planted to wheat.

Tract 2 – Legal Description: The Northwest Quarter of the Southeast Quarter (NW/4SE/4), The Southwest Quarter of the Northeast Quarter (SW/4NE/4), The South Half of the Northwest Quarter of the Northeast Quarter (S/2NW/4NE/4) and The North Half of the Northwest Quarter (N/2NW) of Section Twenty-four (24) all in Township Five (5) South, Range Sixteen (16) West of the 6th P.M., Phillips County, Kansas being 174.88 acres more or less. Land Location: The intersection of E 1300 Rd and E. Big Bear Rd is the Northwest Corner

FSA & General Information: 170.62 acres of cropland with the balance being grassed waterways and waste. Wheat Base - 71 acres, PLC Yield 37 bu.; Grain Sorghum Base – 18.37 acres, PLC Yield 45 bu.; Sunflower Base - .09 acres, PLC Yield 1069 lbs.; Soybean Base  - 38.88 acres, PLC Yield 19 bu. – All cropland is open.

Tract 3 – Legal Description: The Northwest Quarter of Section One (1), Township Six (6) South, Range Seventeen (17) West of the 6th P.M., Rooks County, Kansas being 160.07 acres more or less. Land Location: The intersection of A Rd and 24 Rd is the Northwest Corner

FSA & General Information: 149.6 acres of cropland with the balance being mostly wooded areas suitable for wildlife habitat. This property also has a spring in the woods that provides water to the wildlife. Wheat Base - 62.24 acres, PLC Yield 37 bu.; Grain Sorghum Base – 16.11 acres, PLC Yield 45 bu.; Sunflower Base - .08 acres, PLC Yield 1069 lbs.; Soybean Base  - 34.08 acres, PLC Yield 19 bu. – All cropland is open.

Tract 4 – Legal Description: The West Half (W/2) of Section Nineteen (19), Township Six (6) South, Range Fifteen (15) West of the 6th P.M. Osborne County, Kansas being 278.49 acres more or less. Land Location: The intersection of W 40th Dr. and S 300th Ave is the Southwest Corner

FSA & General Information: 213.44 acres of cropland. There is 64.59 acres of pasture land with lots of habitat for wildlife with the balance being grassed waterways. Wheat Base – 88.72 acres, PLC Yield 37 bu.; Grain Sorghum Base –  acres, PLC Yield 45 bu.; Sunflower Base - .08 acres, PLC Yield 1069 lbs.; Soybean Base  - 34.08, PLC Yield 19 bu. There is water well on this property although the windmill is not functional. All cropland is planted to wheat.

Tract 5 – Legal Description: The Southwest Quarter (SW/4) of Section Twenty (20), Township Six (6) South, Range Fifteen (15) West of the 6th P.M. Osborne County, Kansas being 152.99 acres more or less. Land Location: The intersection of W 40th Dr. and Rd 641 is the Southeast Corner

FSA and General Information: 140.88 acres of cropland with the balance being native grass and waterways. Wheat Base – 58.56 acres, PLC Yield 37 bu.; Grain Sorghum Base – 15.16 acres, PLC Yield 45 bu.; Sunflower Base - .07 acres, PLC Yield 1069 lbs.; Soybean Base  - 32.06 acres, PLC Yield 19 bu. – All cropland is open.

Tract 6 – The Northwest Quarter (NW/4) of Section Twenty-nine (29), Township Six (6) South, Range Fifteen (15) West of the 6th P.M., Osborne, Kansas being 153.77 acres more or less. Land Location: The intersection of W 40th Dr. and Rd 641 is the Northeast Corner

FSA and General Information: 72.48 acres of cropland, 76.87 acres of pastureland with the balance of grass waterways. Wheat Base – 30.16 acres, PLC Yield 37 bu.; Grain Sorghum Base – 7.81 acres, PLC Yield 45 bu.; Sunflower Base - .04 acres, PLC Yield 1069 lbs.; Soybean Base  - 16.52 acres, PLC Yield 19 bu. – All cropland is planted to wheat.

Minerals:  Sellers shall convey 100% of the seller’s minerals to the purchaser.  All minerals are believed to be intact.

Possession & Growing Crops: March 1, 2018 on all pasture and idle acres. Possession of all acres planted to wheat will be immediately following the 2018 wheat harvest. Purchasers shall receive the landowners one-third (1/3rd) of 2018 wheat harvest on tracts that have wheat planted. Purchaser WILL NOT be required to reimburse any chemical or fertilizer expenses.

Taxes:  Sellers shall pay all the 2017 taxes and prior years’ taxes, if any, on all open tracts.  The 2018 and subsequent years taxes shall be the responsibility of the buyer. On the tracts with planted wheat (tracts 1, 4 & 6) the sellers agrees to pay ½ the 2018 taxes at closing based on the 2017 rate and the purchaser shall pay the balance. The 2017 taxes were: Tract 1 - $3,429.56; Tract 2 - $1,714.78; Tract 3 $1,233.50; Tract 4 - $3,056.98; Tract 5 - $1,771.10; Tract 6 - $976.60.

Terms, Title Insurance and Closing: Ten Percent (10%) down day of the sale; balance due upon closing.  Owner’s policy and closing expense will be shared 50/50 between the buyer and sellers.  Mortgage policy, if required, will be the expense of the buyer.  Closing shall be on or before March 27th, 2018.

CONDITIONS:  All acreages are considered to be approximate and are deemed to be from reliable county & FSA sources.  Buyers are encouraged to verify details and view properties prior to the auction.  Announcements made day of sale shall take precedence over printed material. This auction sale is not contingent upon the purchaser’s ability to finance the purchase.  Buyers must make finance arrangements, if needed, prior to the auction.  

SELLERS:  Leo E. Oliva Revocable Trust and the Bonita M. Oliva Revocable Trust