LEGAL DESCRIPTION: N/2 of 21-14-36
LOCATION: From the corner where Hwy 25 turns South, west of Russell Springs, Kansas, go 4 miles South to Kiowa Road, then 2 miles East to Rd. 180, and 1 mile South to the NW corner of the property. SIGNS WILL BE POSTED!
MINERAL RIGHTS: 50% of the mineral rights are believed to be intact, with an additional 25% believed to be subject to a term reservation through 2017. 25% of the mineral rights are believed to be reserved perpetually. All of the Sellers interest will transfer to the Buyer at closing.
CROPS: Seller will retain 100% of the 2014 wheat crop.
FSA INFORMATION: Approximately 318.0 cropland acres. All FSA farm program payments associated with the 2014 crop year will be subject to the new Farm Bill provisions.
POSSESSION: After 2014 wheat harvest.
REAL ESTATE TAXES: Seller will pay taxes for 2013 and prior years. Taxes for 2014 will be the ...
REAL ESTATE TAXES: Seller will pay taxes for 2013 and prior years. Taxes for 2014 will be the prorated to date of closing. (2013 taxes =$676.88)
PRICE: $600,000
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