LEGAL DESCRIPTION: N/2 of Section 12-10-20, less a tract
LOCATION: From Palco, Kansas, go 3½ miles East on K-18 to Road 7, then 2 miles South to the NE corner of the property. SIGNS WILL BE POSTED!!
CROPS: There are no growing crops.
POSSESSION: Negotiable – Call Neal for details!
FSA INFORMATION: Cropland Acres: 157.81
CRP Acres: 36.33
Grass Acres: 115.86+
Base Acres Yield
Wheat 55.5 31
Grain Sorghum 34.6 50
Any future FSA payments will follow the crops and will be paid pursuant to FSA regulations.
CRP INFORMATION: CRP acres – 36.33
Per acre - $41.17
Annual payment - $1,494
Expiration date – 9/30/2022
Seller’s 1/3rd share of the 2021 CRP payment, which will accrue from October 1, 2020 through September 30, 2021, will be prorated to the date of closing.
MINERAL RIGHTS: Mineral rights are subject to a prior reservation of record, and Seller will transfer surface rights only to the Buyer at closing.
REAL ESTATE TAXES: Seller will pay taxes for all of 2020 and prior years. Taxes for 2021 will be prorated to the date of closing. (2020 taxes = $2,363.44)
Farm & Ranch Realty, Inc.
Donald L. Hazlett, Broker