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SOLD! $4,500/ACRE! 160+/- ACRES CROPLAND - SMITH CO., KS

N/A
Colby, Kansas
Posted 1 year, 8 months ago
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Description

LAND LOCATION: See map for directions.  SIGNS WILL BE POSTED!

MANNER OF SALE:  This real estate will be offered in 1 tract only.  Auction procedure and increments of bidding are at the discretion of the auction company.

TERMS: 10% down day of sale, with the balance to be paid on or before August 24, 2022, or upon such terms as may be acceptable to the Seller.  Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by an identified title/escrow company.  Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Announcements made day of sale take precedence over printed material and previously made oral statements.

CROPS:  There are approximately 45 acres planted to milo and the Buyer will receive the landlord’s 1/3rd share of the milo crop. Seller will retain the landlord’s 1/3rd share of the 2022 wheat crop. 

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

MINERAL RIGHTS:  All of the Seller’s interest will transfer to the Buyer at closing.

CLOSING:  Date of closing will be on or before August 24, 2022.

POSSESSION:

·        After the 2022 harvest on the planted wheat acres.

·        After the 2022 Fall harvest on the planted milo acres.

TAXES:  Taxes for 2022 will be prorated to the date of closing. 

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

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