Farm Auction Guide

296.93+/- Acres Logan County, Kansas, Farmland & Grassland to be SOLD AT UNRESERVED AUCTION
Friday, December 11, 2009  ~  10:00 AM CST
Mittens Travel Plaza - Oakley, Kansas

Legal Description:  The South 1/2 of Section 23, Township 11, Range 35, Logan County Kansas.  Containing 296.93+/- Acres.

Land Location:  Junction of Hwy 40/25 just to the South of Hwy 40 and to the East of Hwy 25, between Winona and Page City.  Watch for yellow for sale sign.

General Description:  This nice tract of good farmland and grass came out of CRP in October of 2009.  The new buyer will be able to re-enroll up to approx. 75 acres back into the continuous CRP.  There is a domestic livestock well that has been drilled and cased with in the last 5 years, but never used, in the Southeast corner of this parcel.

Disclosures:  Seller Discloses the following information to the Broker and Broker discloses to all potential buyers that the seller is allowing 1/2 of his "Half Interest of ineral Right"  (1/4 Interest) to be sold with the land.  Seller is retaining 1/2 of sellers "Half Interest of Lease Rights"  On January 1, 2015 the sellers (Dan & Kristy Moser) shall transfer another 1/4 interest of the mineral and lease rights to the buyer on the tract of land legally described as South 1/2 of Section 23, Township 11, Range 35, Logan County, Kansas.  At that time the bueyr shall have a total of 1/2 interest in the Mineral and Lease rights to the land.

Sellers Will Keep Exclusive Hunting Rights to the Property

2009 Real Estate Taxes: Approx. $240.00

For more information or personal showing contact listing agent: 
Terry Stover 785-262-2082 or Stock Realty & Auction Company
1-800-WE-SELL-8

Terms:  The successful bidder will be required to enter into a written purchase agreement  with a 10% down payment due the day of auction.  The balance will be due at the time of closing on or before December 30, 2009.  Possession will be given on the date of closing.  Seller will provide marketable title to the buyer, evidence by policy of title insurance.  Cost of title insurance and escrow fees will be divided equally between the seller and buyer.  Seller is responsible for 2009 Real Estate taxes.  Property will not be sold subject to financing.  Please have all financial arrangements made prior to the auction.  All announcements made the day of auction take precedence over anything written or implied.  Stock Realty & Auction Company are agents working for the seller.

Information was obtained from sources deemed reliable, however, Broker makes no guarantees as to the accuracy.  All prospective buyers are urged to fully inspect the property and rely solely on their own conclusions.