ONLINE BIDDING: Bidding begins to close at 5:00 pm on August 24, 2017
LEGAL DESCRIPTION: Tract in W/2 SE/4 & SW/4 Section 7, Township 31 South, Range 6 East of the 6th P.M., Cowley County, KS
PROPERTY LOCATION: From Winfield KS: Approx 7.5 miles north on US 77 Hwy to Co Rd 8 / 82nd Rd, 7.5 miles east to 181st Rd & 1 mile south (Property is on the East side)
FSA INFORMATION:
88.91 Total Acres
66.08 Acres Tillable
22.83 Acres Grass
WHEAT: 13.92 Acre Base, 33 Bu/Ac Yield
GRAIN SORGHUM: 3.05 Acre Base, 44 Bu/Ac Yield
SOYBEANS: 10.50 Acre Base, 11 Bu/Ac Yield
SOIL TYPE: Approx 88% Verdigris silt loam (0-1% slopes), balance Martin silty clay loam (3-7% slopes) & Florence cherty silt loam (5-15% slopes)
2016 TAXES: $899.56 Seller to give Buyer credit for one-half of 2017 taxes
EARNEST DEPOSIT: 10% of Contract Purchase Price
MINERALS: Minerals are believed to be intact; all Seller-ow...
MINERALS: Minerals are believed to be intact; all Seller-owned minerals convey to Buyer
POSSESSION: At closing and subject to current tenant lease
CROP SHARE: Buyer shall receive landowners 1/3 share of 2017 soybean crop and equivalent FSA payment. Buyer shall reimburse landowners 1/3 share of fertilizer and chemical applied to 2017 soybeans.
CLOSING: On or before September 29, 2017; closing and title insurance shared equally
Lonnie & Colleen Bosley Family Trust, Seller
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