160 Acres in Levant, KS - $560,000
LEGAL DESCRIPTION:NE/4 of 5-9-35
MINERAL RIGHTS: Sellers will reserve 50% of the mineral rights perpetually.
CROPS: Buyer will receive the landlords 1/3rd share of the 2013 growing wheat crop.
FSA INFORMATION: Cropland acres - 152.3
Base Acres DCP Yield
Wheat 51.4 37
Corn 14.7 42
Grain Sorghum 37.9 44
Buyer will receive the landlords 1/3rd share of all FSA wheat payments and 100% of all FSA feed grain payments associated with the 2013 crop year.
POSSESSION: Date of closing on the open acres and after the 2013 wheat harvest on the planted wheat acres.
REAL ESTATE TAXES: Seller will pay taxes for all of 2012 and prior years. Taxes for 2013 will be prorated to the date of closing.
PRICE: $560,000
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