Description: This CRP land is easily accessible, just minutes from Floydada Texas. With Hwy 70 frontage on the east and west, this tract of land would be ideally suitable for building houses or other buildings. The CRP program consists of two fields of CRP grass; Field 1 contains 291.2 acres and is west of Hwy 70. Field 2 contains 129.3 acres and is east of Hwy 70. The fields combined equal a total of 420.50 acres enrolled in the USDA-CRP program. The annual rental rate per acre is $40.78, providing a total annual payment of $17,148.00. This contract expires on 9/30/2020. The 2013 CRP payment will be prorated through closing and funding, with all subsequent CRP payments transferring to Buyer. Buyer will be required to succeed CRP contract, and remain in compliance with all CRP rules and regulations. This property will be sold as one unit, and will not be divided.

Improvements:

2 Windmills, (one on each side) the windmills appear to be in very good condition.

Fences* Gates*some steel posts, some wooden posts, the property is partially fenced.

1- Boxcar*

3-4 earthen holding ponds.

Surface Only* No minerals will convey.

Wind Rights: Property is held under a 40 year Floyd County Wind Farm Lease. 10% royality interest in wind will convey and all surface damages related to wind development (if any) will be paid to landowner.