Wednesday February 12, 2020

Time - 10:00 am CT           Lane County, Kansas

Owner: First National Bank of Dighton

Auction Location: Joy Center-Dighton, Ks.
Land Location: From Dighton, Ks., 5 miles west, 3 miles south.

Auctioneers Note: Your chance to buy some nice land that is open and available for you to plant this spring. Nice corral set up with waters and good pasture land.

Lane County Real Estate Auction

Tract #1: West 1/2 of 5-19-29 west of the 6th PM, Lane County, Kansas containing 245 acres dryland cropland, 63.53 acres native pasture land and 3-acre farmstead with nice pipe corrals, 40 x 80 metal shed, electric water well, two grain bins, new 4- wire fence, county roads on 3 sides.

FSA Information:
Crop Base Acres PLC Yield
Wheat 153.6 36
Grain Sorghum 48.71 63

Taxes 2019 taxes: $2450.24-- 2019 taxes paid by the seller. 2020 taxes and subsequent years paid by the buyer

Minerals: Believed to be 100% intact and transferring to the buyer

Terms: 10% down day of sale, with balance due, in certified funds, at closing. Closing to be on or before April 22, 2019. Announcements day of the auction take precedence over printed material. Buyer to reimburse present tenant for any spraying of wheat stubble ground.

Possession: Possession on open land at closing. Possession of land planted to wheat after 2019 wheat harvest. Buyer to receive sellers 1/3 share of 2019 wheat crop. All of 2019 row crop and subsequent years.

Evidence of Title: Seller will provide to the buyer, title insurance, in the amount of purchase price, with buyer and seller splitting premium 50%-50%. Seller, upon buyer's request, will obtain a mineral certificate, with buyer and seller splitting the cost 50%-50%.

Easements: This sale is subject to all rights of way and easements, whether recorded or not, and any oil and gas lease of record.
Agency: Lawrence and Associates Realty are exclusive agents of the seller.

Lawrence and Assoc. Realty
513 Main
Scott City, Ks. 67871

Auctioneer / Listing Agent
Russell Berning
812 W M St.
Leoti, Ks. 67861

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