LEGAL DESCRIPTION: N/2 OF 18-17-21LOCATION: From the intersection of Hwy 96 & DD Road at Bazine, Kansas go 9 miles North on DD Road to the NW corner of the property, OR from Brownell, Kansas go 2.5 miles East on Hwy 4 to DD Road, then 4 miles South to the NW of the property. SIGNS WILL BE POSTED!
MINERAL RIGHTS: Seller will retain of the mineral rights perpetually with said reservation to be non-participating in lease monies, delay rentals and bonuses, but fully participating in royalties.
WIND RIGHTS: Seller will retain of the wind rights perpetually.
FSA INFORMATION: FARMLAND ACRES 316.3
CRP ACRES: 145.6
GRASS ACRES: 174.4+
CRP PAYMENTS: There are 145.6 acres currently enrolled in the CRP program through 9/30/2011 at $35 per acre for a total annual payment of $5,095.
Buyer will receive 100% of the 2011 CRP payment which will accrue from October 1, 2010, through Se...
Buyer will receive 100% of the 2011 CRP payment which will accrue from October 1, 2010, through September 30, 2011.
POSSESSION: Date of closing, subject to tenants rights, if any.
REAL ESTATE TAXES: Seller will pay taxes for all of 2010 and prior years. Taxes for 2011 will be prorated to the date of closing. (2010 taxes = $236.28)
PRICE: $240,000
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