1420 W. 4th St.
Colby, Kansas
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Posted 4 days ago
Expires in 2 days, 23 hours
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LAND LOCATION: See map for directions. SIGNS WILL BE POSTED!

MANNER OF SALE:  This real estate will be offered in 2 individual tracts.  THERE WILL BE NO COMBINATION OF THE TRACTS. 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 May 30, 2024, or upon such terms as may be acceptable to the Sellers.  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:  TRACT 1: There are no growing crops.

  TRACT 2: Buyer will receive the landlord’s 1/3rd share of the wheat crop.

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

MINERAL RIGHTS:  All of the Sellers’ interest will transfer to the Buyers at closing. 

CLOSING: Closing will be on or before May 30, 2024.

POSSESSION:  TRACT 1: Date of closing.

                            TRACT 2: After the 2024 wheat harvest.

REAL ESTATE TAXES:   Taxes for 2024 will be prorated to the date of closing. See chart below for 2023 real estate tax amounts.    

Farm & Ranch Realty, Inc.
Donald L. Hazlett, Broker

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