LEGAL DESCRIPTION: NE/4 OF SECTION 6-5-46
LOCATION: From the intersection of Hwys 59 and 34 in Yuma, Colorado, go 27 miles North to the Phillips/Yuma Co line, then 4 miles East to the NW corner of the property. SIGNS WILL BE POSTED!
MINERAL RIGHTS: Mineral rights are believed to be 50% intact. Seller will convey 25% of the mineral rights to the Buyer at closing. Seller will retain 25% of the mineral rights for a term of 10 years, or as long as production, if any, exists.
CROPS: Crops are subject to a current Cash Farm Lease thru 2/28/15. Seller will retain 100% of all 2014 lease payments.
FSA INFORMATION: Cropland acres - 157.2
Base Acres DCP Yld
Wheat 77.4 28
Any FSA payments associated with the 2014 crop year are subject to the current Cash Farm Lease.
POSSESSION: Subject to the current Cash Farm Lease thru 2/28/15.
CLOSING: Closi...
CLOSING: Closing will be November 1, 2014.
REAL ESTATE TAXES: Seller will pay taxes for 2014 and prior years. (2013 taxes = $321.71).
PRICE: $310,000
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