1707 Road 370 , Allen, KS 66833(Lyon County)

TAXES: 2014 taxes are unavailable at this time, pending splits from Lyon Co.

MINERAL RIGHTS: Sellers minerals transfer to buyer, there are no leases or oil production on this property.

PROPERTY DESCRIPTION: There is approximately 120.94 acres of cropland that was in corn for 2014. The balance of approximately 56.43 acres is native grass and CRP acreage, tame grass, timber & Elm Creek.

The biggest percent of the cropland is Reading Silt Loam, Kahola Silt Loam, and Ivan Silt Loam, these are top producing soils for row crop. A small percentage is Elmont Silt Loam, Martin Silty Clay Loam and Chase Silty Clay Loam.

Here is an opportunity to own some top producing soils. Would you like some recreation as well as income? Look no further, Elm Creek offers fishing and some great deer, turkey and other wildlife hunting.

The property is fenced on the south between the cropland and the pasture . The native grass in the southwest corner is not fenced on the south and will be sold as is. A short stretch of fence can be put in or lease it to the neighbor, or possibility for Tract 1 and Tract 2 to be the same buyer.

These soils are exceptional and partly because of the Stanford's use of no till for more than 30 years. The organic matter gained from the no till practice should be very evident. Access to the property on the south will be given by an Ingress & Egress easement and transfer with the deed. If one would choose to they could make access from the west or have their own access via a creek crossing on the east. The easement creek crossing is cement and very well constructed for heavy usage. If you like grain production, you will like this tract!

TRACT 2: Address: 1700 Rd 360, Allen, KS - 436.85 Acres more or less, (Known as Chatterton, Pearson & Mound Pasture)

LOCATION: Joins Tract 1 on the south, access is from Rd S7 on the west side, RD 360 on the South side and Rd U on the East.

BRIEF LEGAL: E/2 SE/4 of Sec 3, S/2 and the NE/4 lying south of Elm Creek of Sec 2 all in Twp. 16S, Rge. 12 E Lyon Co. KS Containing approximately 436.85 acres more or less.

2013 Taxes: $940.00 Seller's mineral rights transfer to the buyer. There are no leases or oil production on this property.

DESCRIPTION: There are approximately 86.73 acres Cropland and 350.12 acres of native Grass. The cropland was in corn for 2014. The greatest percentage of the soils are The Silt Loam soils, Ivan-Reading & Kenoma. These are top producing soils. The balance of soils are Le-Ladysmith Silty Clay Loam and Ee-Eram Silty Clay loam which are upland soils.

Here again, the Stanford's have no tilled these soils for over 30 years, leaving the organic material. Terraces are in place and also some drain pipe in the terraces. The native bluestem pasture is watered by 4 ponds. The fences are 4 & 5 wire, steel and barb wire with much of the west and south side new in 2014. This is a clean pasture, easy to get around in. There are some trees in the draws that work well for livestock shelter. The CRP fields are fenced out, but will be ready to add to the pasture at the end of the CRP contracts.

Here is a great mixed tract of crop and grass lands. It is ready for the livestock producer. As with tract 1, this property offers not only financial benefits, but also wildlife habitat for deer & turkey.

TRACT 3: Address: 1700 Rd 360, Allen, KS - 256.9 Acres more or less, Cropland timber, native grass & approx. 11 acre watershed (Known as the Osborn)

LOCATION: South of Rd 360 and Tract 2.

BRIEF LEGAL:A metes and bounds tract in the North part of Sec 11, Twp 16 S, Rge 12 E all in Lyon Co. Ks. containing 256.9 acres more or less.

2013 TAXES: $541.76 Mineral rights transfer to the buyer. There are no leases or oil production.

DESCRIPTION: Approximately 145.85 acres of cropland with approximately 5.64 acres of those in brome grass & the balance of 140.21 acres planted to milo for 2014. The balance of approximately 111.05 acres is in native grass, an approximate 11 acre watershed, and timber.

IMPROVEMENTS: The property has a 3200 sq ft Quonset building with electricity and cement floor. Also there is a pole building with covered tin roof at the watershed with cement floor, electricity and water. This makes for a great picnic area or parking for a camper. What a beautiful weekend retreat or home site overlooking the watershed lake. Rural water district #8 and Flint HIlls Rural Electric Lyon and Burlington are at the site ready for your dream vision to take place.

The buyers will have complete control over the watershed lake as to who enjoys its many benefits. When the lake was built the sellers did what was necessary to keep it privately owned. This is one of the prettiest lakes we've sold in many years!

Although upland soils, you'd be surprised that the large percentage is Kenoma Silt Loam. Other soils are La-Labete Silty Clay Loam, Mb- Martin Silty Clay Loam, Ee-Eram Silty Clay Loam, Bb-Bates Loam and Ed-Eram silt Loam 3-6% slopes. Approximately 5.64 acres are in hayable brome. There is native grass hay meadow estimated at 20 plus acres, the balance is in timber, grasses and lake. Conservation practices with terraces are in place. The perimeter is fenced with average barb wire fence. You will appreciate the good milo crop this year! What a great wildlife recreational site! This property offers wildlife as does Tract 1 & 2, but also the benefit of water fowl. If you've always wanted a personal lake-Don't pass up this property. Come take a look today!

TRACT 4: Address: 1700 Rd 370 - 78.5 Acres more or less, Cropland, Native Bluestem, & Timber, Tame Grass (Known as the Humes)

LOCATION: Across the county road north of the Northeast corner of Tract 1. Rd 370 is on the south side of the property and Rd T is on the west end.

BRIEF LEGAL: S/2 SW/4 of Sec. 35, Twp 15S Rge 12 E all in Lyon Co. Ks. containing 78.5 acres more or less.

2013 TAXES: $445.22 Sellers minerals transfer to buyer. There are no leases or oil production on the property.

DESCRIPTION: There is approximately 45.34 acres of cropland that was planted to corn in 2014. There is approximately 23.20 acres of native bluestem and timber. Approx. 10 acres of tame grass (Brome).

The cropland soils are Ra-Reading Silt Loam, Eb & Ea-Elmont silt loam, Ma-Martin Silty Clay Loam, and Ia-Ivan Silt Loam. The property lays nice and has had conservation measures done with terraces and waterways. The property is not fenced.

Again, this tract offers great income investment plus wildlife recreation, with deer and turkey hunting!

TRACT 5: Address: 1600 Rd 360, Allen, KS - 76.17 Acres more or less, Bluestem and mixed Grasses, (Known as West pasture)

LOCATION: West across Rd S 7 from Tract 2.

BRIEF LEGAL: W/2 SE/4 of Sec 3, Twp. 16S, Rge 12 E all in Lyon Co. Ks. containing 76.17 acres more or less.

2013 TAXES: $57.99 approx. Seller's minerals transfer to the buyer. There are no leases or oil production on the property.

DESCRIPTION: There is approximately 76.17 acres of all native bluestem and mixed grasses. This rolling Flint Hills pasture is watered by a partial watershed and another smaller stock pond.

The fences are good, mostly barbwire and steel posts. This is a clean native pasture with good water & access from Rd. S 7 on the east and Rd 360 on the south side. With today's record cattle prices, you will want to take a look at this tract!!

FSA INFORMATION

(This FSA information is for the total farm which includes a small tract of 58.8 acres around the headquarters which is not selling) The 2014 farm payment is not available.

Crop Base Acres Direct Yield

Wheat 39.60 34

Corn 53.90 66

Grain Sorghum 131.10 62

Soybeans 27.80 27

Total 252.40

CRP CONTRACTS

Tract 1 has 3 contracts, there are approximately 15 Acres in CRP and the approximate annual payment is $1,053.46. The last contract expires in 2018

Tract 2 has 2 contracts, there are approximately 42.85 Acres in CRP and the approximate annual payment is $2,230.14. The last contract expires in 2017

Tract 4 has 1 contract, there are approximately 2.89 Acres in CRP and the approximate annual payment of $215.88 expires in 2017

TERMS: The Property is sold without any ag lease for 2015. All tracts are sold with a hunting lease in place through June 30, 2015. The lease is $5.00/acre. The buyer will receive 1/2 of the hunting lease payable at time of closing

The earnest money is payable day of auction to Moon Abstract Co.

Tract 1-$35,000.00 Tract 2-$70,000.00 Tract 3-$50,000.00 Tract 4- $15,000.00 Tract 5- $15,000.00

The CRP contracts will transfer to the buyer upon notification to the FSA office. The Seller receives 2014 rental income and 2014 CRP payments. The Seller will be responsible for 2014 taxes. The form of title evidence shall be title insurance and shall be paid equally between buyer and seller, as well as the closing fees of the title company. All property is sold as is with no warranties or guarantees. All acreages are sold more or less. FSA acreages and payments are not guaranteed and could be subject to change. All financing arrangements must be made prior to the auction. All information has been gathered from Lyon Co sources and is deemed reliable, but is not guaranteed. All statements made day of auction take precedence over advertisements.

AUCTIONEER'S NOTE: What a privilege to sell such a diverse Flint Hills property. There are various acreages to fit different budgets, mixed cropland and grasses for different producers and wildlife lovers! What better investment than one with an agricultural return, but also one with recreation with Lake, Elm Creek and other wildlife habitats. The reputation for deer and turkey is definitely part of the legacy of these properties. With the properties leased for hunting, we encourage our showings to be between the hours of 10AM-3PM. This will help assure everyone's safety and show consideration to the hunting leasee. Every property has utilities close and could be used for improvements. The Lake tract has water & electricity in place for immediate use- a beautiful site for improvements.

We look forward to showing you this property. This is quite an opportunity for you the buyer, to have the chance to purchase quality land. Ag investments of this quality are not available every day on the market. Please give us a call and we will show you these tracts. We will look forward to seeing you at the auction!

INSPECTION: Any time by appointment with Griffin Real Estate & Auction Service LC numbers below.