bidding will not end prior to august 27, 2019 back page.pdf · prospective buyers are urged to...

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Tract #1 Legal Description: Surface rights in the Southwest Quarter (SW/4) of Section 11-31-43, Morton County, Kansas. Acres: 160+/- Tenant: Terry Batterton receives 20% of the CRP contract. Taxes: $398.52 Minerals: None Included. Crops: 164.29 acres CRP. CRP Info: Contract #1266B Term: 10/1/10 to 9/30/20 Acres Enrolled: 164.29 Ann. PMT: $5,750 $/acre: $35.00 Possession: Upon closing. 2019 CRP payment to be prorated to the date of closing. Soils: Approx. 63% Wagonbed silty clay loam 0-1% slope & 37% Richfield silt loam 0-1% slope. Bidding will not end prior to August 27, 2019 Directions: From Richfield, KS; 6.5 miles west on HWY 27 to RD 9, 6 miles north to RD AA4 miles west to RD 5 and 1 mile north to the southwest corner of the property. (Signs posted) READ THESE IMPORTANT TERMS & BID ACCORDINGLY: Selling by Private Auction through Mark Faulkner, Broker, Faulkner Real Estate, Inc. Broker represents Seller as Seller’s agent and shall treat the Buyer as a customer. A customer is a party to a transaction with whom Broker has no agency relationship. Successful bidder will sign contract and deposit 10% earnest money with Frazee Abstract & Title as escrow and closing agent. Seller and Buyer will split the cost of title insurance and closing fee. Real Estate taxes will be prorated to the date of closing. Final sales price will be figured on the acreage published regardless of actual acreage. Buyer to verify accuracy of acreage and bid accordingly. Settlement will occur on or before Thursday October 3, 2019. Announcements during sale take precedence over published information. Selling subject to owner confirmation. Bidders will be confidential until bidding is closed. Bidding is not subject to financing. Buyers are to have financing arranged prior to bidding. NOTE: All information is from sources deemed reliable but is not guaranteed. Prospective buyers are urged to INSPECT all properties prior to bidding and to satisfy themselves as to condition, well performance, noxious weeds, acreages, lease terms, etc. Property sells “AS-IS” and subject to easements, covenants, CRP contracts and reservations, if any, now existing against said property. NO WARRANTIES are either expressed or implied by Seller or Faulkner Real Estate, Inc. 164.29 Acres CRP

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Page 1: Bidding will not end prior to August 27, 2019 Back Page.pdf · Prospective buyers are urged to INSPECT all properties prior to bidding and to satisfy themselves as to condition, well

Tract #1 Legal Description: Surface rights in the Southwest Quarter (SW/4) of Section 11-31-43, Morton County, Kansas. Acres: 160+/-

Tenant: Terry Batterton receives 20% of the CRP contract.

Taxes: $398.52

Minerals: None Included. Crops: 164.29 acres CRP.

CRP Info: Contract #1266B Term: 10/1/10 to 9/30/20 Acres Enrolled: 164.29 Ann. PMT: $5,750 $/acre: $35.00

Possession: Upon closing. 2019 CRP payment to be prorated to the date of closing.

Soils: Approx. 63% Wagonbed silty clay loam 0-1% slope & 37% Richfield silt loam 0-1% slope.

Bidding will not end prior to August 27, 2019Directions: From Richfield, KS; 6.5 miles west on HWY 27 to RD 9, 6 miles north to RD AA4 miles west to RD 5 and 1 mile north to the southwest corner of the property. (Signs posted)

READ THESE IMPORTANT TERMS & BID ACCORDINGLY: Selling by Private Auction through Mark Faulkner, Broker, Faulkner Real Estate, Inc. Broker represents Seller as Seller’s agent and shall treat the Buyer as a customer. A customer is a party to a transaction with whom Broker has no agency relationship. Successful bidder will sign contract and deposit 10% earnest money with Frazee Abstract & Title as escrow and closing agent. Seller and Buyer will split the cost of title insurance and closing fee. Real Estate taxes will be prorated to the date of closing. Final sales price will be figured on the acreage published regardless of actual acreage. Buyer to verify accuracy of acreage and bid accordingly. Settlement will occur on or before Thursday October 3, 2019. Announcements during sale take precedence over published information. Selling subject to owner confirmation. Bidders will be confidential until bidding is closed. Bidding is not subject to financing. Buyers are to have financing arranged prior to bidding. NOTE: All information is from sources deemed reliable but is not guaranteed. Prospective buyers are urged to INSPECT all properties prior to bidding and to satisfy themselves as to condition, well performance, noxious weeds, acreages, lease terms, etc. Property sells “AS-IS” and subject to easements, covenants, CRP contracts and reservations, if any, now existing against said property. NO WARRANTIES are either expressed or implied by Seller or Faulkner Real Estate, Inc.

164.29 Acres CRP