Farm Auction Guide

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240 Acres ML North Central Kansas Land

Real Estate Auction

Time:	1:00 PM
Date:	Monday November 23, 2009
Location:	Morrowville KS, USA

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Driving Directions: From Morrowville Ks. go 10 miles north, to 29^th Rd. Then 3 miles west to Heritage Rd. then 2 miles south to 27^th Rd. Or From Fairbury Neb., go South on Hwy 15 to Ks/Neb state line, then 1 mile south to 29^th Rd. Then go 3 miles west to Heritage Rd. Then 2 miles south to 27^th rd. Watch for signs day of sale.

** This map is only a guide - Consult salebill for exact directions. **

Sale Bill

Legal Tract 1: S � SW� Section 16, T01 R02 East of the 6^th P.M. Washington County Ks.

General Description Tract 1: 80 Acres M/L with 51.15 acres CRP. Bid in at $48/Acre contract expires Sept 30, 2010. Balance of this farm being pasture and home site. There is a nice approx 60x60 pole shed used for hay or machinery. A good 36 x 120 wood frame building covered in tin being used for horse paddocks, and several other buildings. The CRP has a good stand of native grass. CRP does have terraces and waterways and could be put into crop production after the end of the current contract. The pasture has two ponds and misc. trees for wildlife cover. 2008 Taxes for Tract 1 $597.28

Legal Tract 2: NW � Section 21 T01 R02 East of the 6^th P.M. Washington County Ks.

General Description Tract 2: 160 Acres M/L With 78.69 Acres CRP Bid in at $48/Acre Contract expires Sept 30, 2010. Balance of this farm being pasture. There is an older utility shed on the north end of the property, a developed spring in the pasture, and a hand dug well which supplies water to the home on Tract 1. This well and all equipment will sell with tract 2 only. 2008 Taxes: for Tract 2. $885.17

Terms & Possession: 10% down day of the sale balance due on or before December 23^rd 2009 Taxes for 2009 will be the sellers responsibility. CRP payments will be prorated to date of closing, New owner will be obligated to follow current CRP contract until it expires. Title insurance will be used with costs split equally between buyer and seller. Possession on closing. This farm is to be sold as-is. All inspections should be made prior to the day of the sale. This is a cash sale and will not be subject to financing. Have your financing arraignments made prior to sale day. The Realty Associates are representing the seller and do not represent the buyer. All information has come from reliable sources; potential bidders are encouraged to verify all information independently. All announcements made the day of the sale will take precedence over any other information.

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Seller: Francis W. Nutsch

For more information or to view the land contact:

Mark Uhlik, Agent / Auctioneer
John Rhine, Broker
(785) 325 - 2740
www.KsLandCo.com

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