Norton, KS (Norton County)

160 Acres in Norton, KS - $159,000

Mineral Rights: Seller will reserve 50% of the mineral righs for a term of 20 years, or as long thereafter as oil, gas or other minerals are produced therefrom or the premises are being developed or operated under the terms of an oil and gas lease executed within the term of reservation.

Crops: Buyer shall receive the landlord's 1/3rd share of all 2009 growing wheat crop.

Wind Rights: 100% to the Buyer!

Possession: Possession will be date of closing, subject to the tenant's rights.

Real Estate Taxes: Seller shall pay for 2008 and prior years. Taxes for 2009 will be prorated to the date of closing. (2008 Taxes- $552.62)