80 Acres Sumner County Land

Held at Milton Community Building, Milton, KS.

Approx 50 acres tillable, balance expired CRP. Selling mineral & surface rights separately & collectively.

This property is being divided from a larger parcel. Crops will be split per determination of the survey and FSA office. Propety has been surveyed. Buyer is purchasing property as per that survey.

All maps and boundaries are approximate.

Flyer
Pictures
Info Packet
Brokers Registration Form
Legal Description	N 80 acres of NE/4  30-30-4W
Property Location	From Milton, KS. 1 mile West & 1 mile South. SW corner.
Manner of auction	Auctioning mineral rights first, surface rights next, then combination.
Property Description	Mostly cultivated with some expired CRP grass
Crops	Buyer to receive 1/3 growing wheat crop, and is responsible for paying owner's share of fertilizer and herbicide expenses.
Soil Types	Shellabarger sandy and Farnum loams.
Minerals	To be sold separately
Taxes	Seller has paid 2010 and prior years taxes. Buyer is responsible for paying 2011 taxes when due.  2010 on entire quarter was $791.52.
Easements	Buyer to accept any and all easements, restrictions, roadways, and right-of-ways of record.
Earnest money terms	$10,000 on land; $2,500 on minerals; or $12,500 for combined, to Kansas Secured Title, Derby, KS. EARNEST MONEY IS NON-REFUNDABLE
Closing	On or before June 3, 2011 at Kansas Secured Title, Derby, KS. Buyer and Seller so share title insurance and closing costs equally.
Possession	At closing on grass land, and after harvest of growing wheat crop on tillable.

All maps and boundaries are approximate.