Tillable & Minerals, Barber Co Ks

Land Description

Auction: Wednesday, May 3, 2017, 10:00 Am

Auction Location: Senior Citizen Center, Hazelton Ks

LEGAL DESCRIPTION: East Half (E/2) Section 27, Township 34 South, Range 10 West, Barber County, KS

PROPERTY LOCATED: 2 miles south of Hazleton on Tri City Road to Hawkins Road then 1/2 mile east

320 Total Acres

311.54 Acres Cropland

7.59 Acres Waterway (SE/4)

Fsa Bases & Yields:

Wheat: 267.25 Acre Base; 33 Bu/Ac Yield

Canola: 44.05 Acre Base; 1319 Lbs Yield

SOIL TYPE: Approx 51% Pond Creek silt loam (1-3% slopes), 18% Blanket silt loam (0-1% slopes); 16% Woodward-Quinlan complex (3-5% slopes), balance is Dale silt loam, Quinlan-Woodward, and Shellabarger sandy loam

2016 PROPERTY TAXES: $1,787.50; Buyer shall pay 2017 taxes

Earnest Deposit: $25,000

Minerals: Seller is retaining one-half of all minerals for a period of 10 years from date of deed recording transfer of ownership; Minerals are believed to be intact

Possession: At closing, subject to current tenant lease, and after 2017 wheat harvest

Crop Share: Buyer to receive landowner’s 1/3 share of 2017 wheat crop; Buyer to pay landowner’s 1/3 share fertilizer / chemical

Closing: On or before June 2, 2017; closing and title insurance shared equally

DARWIN GATES, Seller

LARRY THEURER, CAI, GPPA, Auction Manager