LEGAL DESCRIPTION: NW/4 of 1-16-29
LOCATION: From Shields, Kansas, go 3 miles West on Hwy 4, then 5 miles North on Hwy 23 and 1 mile East on field trail to the SW corner of the property. Signs are posted!!
MINERAL RIGHTS: Seller will retain of the existing mineral rights perpetually, with said reservation to be fully participating in lease monies, delay rentals, bonuses and royalties.
CROPS: There are approximately 148.4 ac planted to 2015 wheat. Buyer shall receive the landlords 1/3rd share of the 2015 wheat crop.
FSA INFORMATION: Cropland Acres 154.67
Grassland Acres 12.99+
Base Acres DCP Yield
Wheat 79.3 33
Grain Sorghum 20.8 43
Any FSA farm program payments associated with the 2014 and future crop years under the 2014 farm bill will be subject to FSA program elected provisions at the time of signup. Seller will...
Any FSA farm program payments associated with the 2014 and future crop years under the 2014 farm bill will be subject to FSA program elected provisions at the time of signup. Seller will retain the landlords 1/3rd share of any payments associated with the 2014 crop year and Buyer shall receive the landlords 1/3rd share of any payments associated with the 2015 and future crop years.
CLOSING: Closing will be on or before January 3, 2015.
POSSESSION: After the 2015 wheat harvest.
REAL ESTATE TAXES: Seller will pay taxes for
2014 and prior years. (2013 taxes= $212.66)
PRICE: $ 360,000
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