Burns, KS 66840(Marion County)

A windmill plus 2 ponds water the pasture. The ponds are in need of repair. There has been an area in the middle of the native pasture that has previously been used for storage, this is now in the process of being cleaned up and will be completed by time of closing.

There is a well with 5 in casing and a lagoon that was for a future building site.

The cropland is cash leased for the 2012 crop year at $40.00/acre. The grass is leased through December 31, 2011. The Buyer will receive the 2012 grass as of Jan. 1, 2012 and the cropland after the 2012 crop year. The Buyer will receive the 2012 crop lease payment.

Access is good with 40th Rd on the north and Yarrow Rd on the East and 30th Rd on the South!

FSA: Base Acres Net. Payment Acre Payment Yield Total Payment

Wheat 17.5 42.4 29

Grain Sorghum 50.2 107.5 45

SoyBeans 23.2 11

Total Payment Approx. $2,440.00

AUCTION TERMS: $30,000.00 earnest money deposit is due evening of auction upon signing of the contract. The balance is due on or before December 20, 2011 at which time Buyer will receive Kansas Warranty Deed. Title insurance shall be shared equally between the buyer and the seller for the owners policy. The Seller will pay all 2011 taxes and receive all 2011 income. Financing arrangement must be made prior to the auction, sale is not subject to buyers receiving financing. All information has been gathered from Marion County sources and is deemed reliable but not guaranteed.

AUCTIONEERS NOTE! Versatility of grass plus cropland, make this an attractive tract! Real estate appears to be one of the more stable investments.Take advantage of the historically low interest rates plus record commodity prices, let this property begin working for you!