LEGAL DESCRIPTION: NW/4 OF SECTION 15-3-38

LOCATION: From Hwy 36 at St Francis, go 13 miles east to Rd 27, then go 3 miles north to Rd Q, then ½ mile to the property. SIGNS WILL BE POSTED!

CROPS: There are no growing crops.

CRP INFORMATION: 142.27 acres enrolled in CRP program through 9/30/2040 at a rate of $50 per acre, for a total annual payment of $7,114. The 2026 CRP payments will accrue from October 1, 2025, through September 30, 2026, and will be prorated to date of closing.

FSA INFORMATION:

CRP CROPLAND ACRES: 142.27±

GRASSLAND ACRES: 18.04±

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

POSSESSION:  Date of closing.

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

REAL ESTATE TAXES:  Taxes for 2026 will be prorated to the date of closing. (2025 = $386.72)