Gove, KS (Gove County)

160 Acres in Gove, KS - $180,000

MINERAL RIGHTS: Seller will transfer all of their existing mineral rights and production to the Buyer at closing.

CRP INFORMATION: There are 151.6 acres currently enrolled in the CRP program at $32 per acre for a total annual payment of $4,851 with an expirationdate of 9/30/09. Buyer will receive 100% of the 2009 CRP payment, whichpayment will accrue from October 1, 2008, through September 30, 2009.

POSSESSION: Possession will be date of closing.

REAL ESTATE TAXES: Seller will pay taxes for all of 2008 and prior years. Taxes for 2009 will be paid by the Buyer. (2008 Taxes – $1,045.28)