MINERAL RIGHTS: Seller will retain one-half of the mineral rights for a term of 12 years with said reservation to be non-participating in lease monies, delay rentals and bonuses but fully participating in royalties.
CROPS: There are 361.97 acres planted to wheat and the Buyer will receive the landlords one-half () share of the 2012 growing wheat crop, if any.
FSA INFORMATION: Buyer will receive the landlords one-half () share of all FSA payments associated with the 2012 crop year.
POSSESSION: Date of closing, subject to the tenants rights.
REAL ESTATE TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be the responsibility of the Buyer. See chart for 2011 tax amounts.
PRICE: $ 2,304,000
REALTORS NOTE: Rare opportunity to invest in 960 acres of PRIME CROPLAND. Land is located within 5 miles of Garfield, KS close-in to major grain handling facilities with good...
REALTORS NOTE: Rare opportunity to invest in 960 acres of PRIME CROPLAND. Land is located within 5 miles of Garfield, KS close-in to major grain handling facilities with good access roads. Call Scotty for a tour!!
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