SOLOMON RIVER BOTTOM LAND – PASTURE – SPRING FED CREEK/POND
OTTAWA and CLOUD COUNTY, KANSAS
AUCTION: June 8, 2010, 7:00 pm
AUCTION LOCATION: Delphos Senior Citizens Center, 203 N Washington, Delphos, KS
LEGAL: NE/4 & E/2 SE/4 Section 25, Township 9 South, Range 5 West, Ottawa County, KS [Offered as 3 tracts & in combinations]
DIRECTIONS: From Delphos, KS: 2 miles west on Volunteer Rd to 60th Rd and 2 miles south
Parcel 3A:
Total Acres: 73± Acres
Tillable Acres: 73± Acres
Parcel 3B:
Total Acres: 92± Acres
Pasture: 92± Acres includes home site (Consisting of older milk barn, open front shed, 2 car garage [NOTE: Mobile home, cattle panels, corral fences & arena fences are owned by the tenant. Tenant has the right to remove all no later than November 1, 2010.])
Parcel 3C:
Total Acres: 71± Acres
Tillable Acres: 71± Acres
FSA BASES/YIELDS (236± Acres)
Wheat: 120.6 ...
Wheat: 120.6 acres, 35 bu/ac direct yield, 44 bu/ac CC yield
Grain Sorghum: 17.8 acres, 47 bu/ac direct yield, 67 bu/ac CC yield
Sunflowers: 3.5 acres, 1478 lbs/ac direct yield, 1728 lbs/ac CC yield
Soybeans: 12.5 acres, 29 bu/ac direct yield, 35 bu/ac CC yield
SOIL TYPE: Includes mixture of Crete silt loam, Geary silt loam, Edalgo-Hedville complex, Wells loam, Hobbs silt loam (Primarily Class II & III with minimal amounts of Class IV & VI)
SURVEY: If Tract 3 sells in more than one parcel, a survey will be performed to determine legal description(s). The need for a survey is solely at the Seller’s discretion. Cost of same will be shared equally between Seller and Purchaser(s).
2009 TAXES: $1,803.84
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TERMS & CONDITIONS
EARNEST DEPOSIT: 10% of Contract Purchase Price due day of Auction
POSSESSION: Possession shall be at closing subject to current verbal tenant lease. Possession of pasture and home site on Tract 3/Parcel B shall be on or before November 1, 2010. Mobile home, cattle panels, corral & arena fences are owned by tenant and will be removed no later than November 1, 2010.
CROP SHARE: Purchaser shall receive landowner’s 2/5 share of 2010 wheat and soybean crop and equivalent FSA payment. At closing, Purchaser shall reimburse Seller for landowner’s 2/5 share of fertilizer & chemical applied to 2010 crop. Purchaser shall be responsible for landowner’s 2/5 share of fertilizer & chemical for 2010 soybean and 2011 crops, plus crop/hail insurance premiums. At closing, Purchaser shall pay crop/hail insurance premiums. Purchaser shall receive pasture rent on Tract 3/Parcel B in the amount of $1,440. First half of pasture rent was paid May 1, 2010; second half is due on or before November 1, 2010.
TAXES: Seller shall pay 2009 taxes and prior years. Purchaser shall pay 2010 taxes.
MINERALS: Minerals are believed to be intact; all Seller-owned minerals shall be conveyed to Purchaser(s) at closing.
CLOSING: Closing shall occur on or before July 8, 2010
TITLE INSURANCE / ESCROW CLOSING: Costs shall be shared equally; First American Title - Schreiber’s, Minneapolis, Kansas, has prepared preliminary title commitment and will handle closings.
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