316 +/- Acres at Road K , Hugoton, KS 67951(Stevens County)

Per seller, current summer crop, if any, does not transfer with the property. Fall crop share will transfer with the property. All mineral interests held by seller will pass with the real estate to the buyer. No water rights. (SECTION 5) - The Landowner share of the crop is 1/5 and no participation in the expenses, a FSA report is in the Property Information Packet.

Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per-acre price. By way of example, if a 160-acre parcel was offered by the acre the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total sales price if $800,000. For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres. Per seller, current summer crop, if any, does not transfer with the property. Fall crop share will transfer with the property. All mineral interests held by seller will pass with the real estate to the buyer. No water rights. $40,000 anticipates closing on or before 30 days from the date of sale. A 60 day close is available at the discretion of purchaser with deposit of $50,000in earnest money at the time of contracting.