APPROXIMATELY 840 ACRES OF SMITH COUNTY REAL ESTATE AUCTION FOR DONNA J. BUSS ESTATE

Monday September 18, 2017 2:00 P.M.

Auction Location: Lebanon Community Center Lebanon, KSGet Directions

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TRACT I

REAL-ESTATE LOCATION:

North Edge of Bellaire, KS.

Legal Description:

The W2 in 10-3-12 less a 10 Acre tract of Railroad right of way and a 10 Acre tract in the SE Corner Smith Co., KS.

General Description:

Approximately 290 Acres of Farm and Grassland

Taxes:

2016 Taxes $3179.04.

2017 Taxes will be paid by the Seller. Subsequent taxes to be paid by the buyer.

Possession:

December 1, 2017 on all Acres.

Approximately 183 acres of Farmland and approximately 107 acres of Grass.


TRACT II

REAL-ESTATE LOCATION:

North Edge of Bellaire, KS.

Legal Description:

The E2 and the SW4 & the S2 x NW4 less an approximate 2.28 acre tract in the SE Corner of 9-3-12 Smith Co., KS.

General Description:

Approximately 552 Acres of Farm and Grassland

Taxes:

2016 Taxes $4305.32.

2017 Taxes will be paid by the Seller. Subsequent taxes to be paid by the Buyer.

Possession:

December 1, 2017 on all Acres.

Approximately 221 acres of Farmland and approximately 331 acres of Grass.


THE FOLLOWING PERTAIN TO BOTH TRACTS:

Bases:

Wht. 172.3 PLC Yield 46 Grain Sorghum 110.35 PLC Yield 105 Soybeans 39.35 PLC Yield 30

Mineral Rights:

Are believed to be intact and will sell with the property

Terms:

20% Down day of sale, balance due upon closing and receipt of a marketable title as evidenced by Title Insurance.

Title Insurance:

Will be split with Seller paying ½ and the Buyer paying ½

Closing Date:

On or Before October 20, 2017


Escrow Agent: Gregory Law Office Osborne, KS.

All information was obtained from the Smith County Courthouse and Farm Service Agency Office and is believed to be correct and true, however, neither the Auction Co., nor the Sellers make any guarantees expressed or implied. Prospective Buyers are to make themselves aware as to the boundaries, right of ways, easements, etc. concerning the property. Wolters Auction, Jim Wolters, broker is the agent for the Seller and the Seller only. Announcements made day of sale will take precedence over printed material.