322 N Jefferson , Wellington, KS 67152(Sumner County)

QUALITY TILLABLE CLASS I SOILS

149 AC TILLABLE, NORTHWEST SUMNER COUNTY, KS

AUCTION: Thursday, November 17, 2016, 7:00 pm

AUCTION LOCATION: Raymond Frye Complex, 322 N Jefferson, Wellington KS

Legal Description: SW/4 Section 30, Township 30, Range 3 West, Sumner County, KS

149.38 Total Acres

146.02 Acres Tillable

3.36 Grass & Waterway

FSA INFORMATION:

Wheat: 145.1 Acre Base, 41 Bushel/Acre Yield

Soil Type: Nalim loam

2015 Taxes: $1,147.86

Earnest Deposit: $20,000

Minerals: Minerals are believed to be intact; all Seller-owned minerals conveyed at closing

TERMS & CONDITIONS

Possession: At closing and after harvest of 2017 wheat crop

Crop Share: Buyer receives landowners 1/3 share of 2017 wheat crop and equivalent FSA payment; Buyer pays landowners 1/3 share of fertilizer/chemical

Closing: On or before December 19, 2016; closing and title insurance shared equally

Taxes: Seller to pay 2016 taxes...