LEGAL DESCRIPTION:
NW/4 of 6-14-41
LOCATION: From Hwy 40 at Weskan, Kansas go 2 mile East to Road 8, then mile South to the NW corner of the property. SIGNS WILL BE POSTED!
MINERAL RIGHTS: Seller will retain 50% of the mineral rights for a term of 20 years, with said reservation to be non-participating in lease monies, delay rentals and bonuses, but fully participating in royalties.
POSSESSION: Date of closing.
CROPS: There are no growing crops.
FSA INFORMATION:
Expired CRP Cropland Acres 147.5
Base Acres DCP Yield
Wheat 88.6 29
Buyer will receive 100% of all FSA payments associated with the 2010 crop year, if any.
REAL ESTATE TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be prorated to the date of closing. (2011 taxes = $272.70)
PRICE: $225,000
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