LEGAL DESCRIPTIONS:
TRACT 1: All of section 34-12-42
TRACT 2: S/2 of 17-12-41 and S/2NE/4 of 18-12-41
LOCATION: From the intersection of Hwy 40 and Road 6 at Weskan, KS, go 6 miles North to the SE corner of Tract 1. SIGNS WILL BE POSTED!!
MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer at closing.
CROPS: There are no growing crops. (See cropland acres on chart on the back)
FSA INFORMATION: Buyer will receive 100% of all FSA payments associated with the 2010 crop year, if any.
CRP INFORMATION: Tract 1 has 590.2 acres currently enrolled in the CRP program through 9/30/10 at $32.40 per acre for a total annual payment of $19,122.
The 2010 CRP payment, which will accrue from October 1, 2009, through September 30, 2010 will be prorated to the date of closing. Wheat base of 319.1 acres will be returned to the CRP acres per information from Wallace County FSA.
REAL EST...
REAL ESTATE TAXES: Seller will pay taxes for all of 2009 and prior years. Taxes for 2010 will be prorated to the date of closing.
POSSESSION: Date of Closing
PRICE: TRACT 1: $537,700 (CRP - $900/acre
Grass - $200/acre)
TRACT 2: $306,000 ($750/acre)
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