LEGAL DESCRIPTION:

N/2 and SW/4 of section 5-26-41

LOCATION: From the intersection of Hwys 27 & 50 at Syracuse, go 10 ¾ miles South to CO RD 31, then go 3 miles West to CO RD M to the NE corner of property. SIGNS WILL BE POSTED!!

CROPS: Seller will retain the landlord’s 27.5% share of the 2026 wheat crop. Buyer will receive the landlord’s 27.5% of the 2026 growing corn and milo crop at no expense to the Buyer.

CROP INSURANCE: Crop insurance is carried through Farm Bureau in Syracuse, Kansas, and Seller will transfer the Landlord’s 27.5% share of the crop insurance to the Buyer at closing and Buyer will pay the Landlord’s 27.5% share of the premium and receive any benefits therefrom.

POSSESSION:  Date of closing, subject to the tenant’s rights.

FSA INFORMATION:  CROPLAND ACRES:482.32

                                          BASE             YIELD

            WHEAT                256.80                  25

            GR. SOR.                  6.60                  47

            BARLEY                 13.60                 27

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

CRP INFORMATION: 124.31 acres are enrolled in CRP through September 30, 2032. 112.85 acres are enrolled under a contract paying $31.40 per acre, for an annual payment of $3,543, and 11.46 acres are enrolled under a separate contract paying $30.90 per acre, for an annual payment of $354. The 2026 CRP payments, covering the period from October 1, 2025, through September 30, 2026, will be prorated to the 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 date of closing. (2025 taxes = $293.38)