Hwy. 81 , Calhoun, KY 42327(McLean County)

Auction Site: Tract #1 just south of the Cypress Creek Bridge. Watch signs.

In order to liquidate our McLean County farms, we have authorized Kurtz Auction & Realty Company to sell the following to the highest bidder regardless of price:

440.16 ACRES SEVEN TRACTS

MOSTLY ALL ROWCROP FARMLAND

For additional details call Joe Mills or Jim Knott, Auctioneers.

See inside for aerial photo and details.

TERMS: 10% down day of sale, balance in 30 days. Possession of land upon crop removal. Possession of the grain bins upon stored grain removal and not later than May 15th, 2012. Possession of the shop building no later than December 1st, 2012. 2012 Property taxes paid by the seller.

Owner: Rodes Walters Heirs

dba Walters Farm #1, Inc.

Kurtz Auction & Realty Company 1-800-264-1204 1-270-926-8553

QUALITY, FLAT, PRODUCTIVE ROWCROP LAND

A new survey has just been completed on Tracts 1 through 6.

The predominant soil types for Tracts 2 through 6 are Melvin and Henshaw silt loams.

Seller agrees to cooperate with a buyer on a 1031 tax-free exchange. Call Joe Mills or Jim Knott prior to the auction to work out details.

Mineral Rights: The sellers will convey whatever mineral rights they own. An attorney has researched the previously recorded deed book back to 1920 or further and found that the oil and gas was previously reserved on Tract #1 and a 66-acre portion of Tract #2 and/or Tract #6. There were no reservations found for coal or other mineral found.

Inspection anytime for a copy of the survey or additional information, call Joe Mills or Jim Knott, Auctioneers.

Tract Information:

Tract #1: 47.32 Acres

The tract is approximately mile east of Highway 81 with access provided by a shared gravel access lane.

FSA office calls for 25.31 acres of cropland.

Cypress Creek frontage.

Predominate soil types are Henshaw and Weinbach silt loams

Improvements consist of a 40x 60 metal-truss shop building and six grain bins with approximately 45,000 bushels of storage.

Tract #2: 110.27 Acres

FSA calls for 101.67 acres of cropland with road frontage on Highway 81 and the East/West Farm Road. This tract also fronts on Cypress Creek.

Tract #3: 111.32 Acres

FSA calls for 109.92 acres of cropland.

This tract has frontage on Bun Cobb Road and the East/West Farm Road.

Tract #4: 29.72 Acres

FSA calls for 29.45 acres of cropland.

This tract has frontage on Bun Cobb Road.

Tract #5: 25.60 Acres

FSA calls for 23.92 acres of cropland

This tract is located at the end of the East/West Farm Road

Tract #6: 57.22 Acres

FSA calls for 53.85 acres of cropland

This tract is located on the south side of the East/West Farm Road

Tract #7: 58.69 Acres

Location: From the auction site on Tract #1, continue south on Highway 81 three miles to the Revlett-Stroud Road. Turn east for one mile to the farm entrance. Watch for signs.

This tract is mostly flat to gently rolling cropland

FSA office calls for 44.61 acres of cropland with the remainder in woods

The predominant soil types are Waverly and Belknap silt loams

Tract #7 Minerals: The sellers will convey whatever mineral rights they own and believe they own of the mineral rights.