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SOLD! LAND AUCTION! 160± CROPLAND - PHILLIPS CO., KS

N/A
Colby, Kansas
Posted 1 year, 6 months ago
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Description

See our website for  SOLD details.  www.farmandranchrealty.com

LAND LOCATION:  From Hwy 9 intersection at Logan, go 3 miles east and ½ mile north to the SE corner of the property.  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 November 2, 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:   Seller will retain the 2022 cash lease payment.

FSA INFORMATION:  Any future FSA payments will follow the crops and will be paid pursuant to FSA regulations. See chart for FSA cropland acres, base acres and yields.

MINERAL RIGHTS: Seller will reserve 100% of the mineral rights and will transfer surface rights only the Buyer at closing.

CLOSING:    Date of closing will be on or before November 2, 2022.

POSSESSION:  After the 2022 soybean harvest.

TAXES:  Taxes for 2022 will be prorated to the date of closing.  See chart for 2021 tax amount.

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

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