UNDER CONTRACT!

LOCATION:  From Penokee, Kansas, go 51/2 miles South to J Road, and 1 1/2 miles East to the NW corner of the property.  SIGNS WILL BE POSTED!

MINERAL RIGHTS & PRODUCTION:  Mineral rights are 50% intact and all of the Seller's interest will transfer to the Buyer.

CROPS:  Tenant will receive 100% of the 2022 crops under a Current Cash Lease Agreement.

FSA INFORMATION:  Cropland Acres    168.8

                                         Grassland Acres   151.12+/-

                               BASE ACRES            YIELD

Wheat                            26.30                        38

Corn                               56.41                       112

Grain Sorghum              16.50                        65

Soybeans                        41.31                       49

Any future FSA payments will follow the crops and will be paid pursuant to FSA regulations. 

POSSESSION:  Date of closing, subject to tenant's rights under a Current Cash Lease Agreement.

REAL ESTATE TAXES:  Taxes for 2022 will be prorated to the date of closing.  "2021 taxes - $2,242.85) (2021 Royalty Taxes - $181.46)

Farm & Ranch Realty, Inc.
Donald L. Hazlett, Broker
1-800-247-7863
www.farmandranchrealty.com