FARM EQPT. & 652 AC. EDWARDS CO. LAND

A U C T I O N

FRIDAY, OCTOBER 20, 2017

COMMENCING AT 10:00 A.M.

SELLER: LEROY GIER ESTATE

LOCATION:  1451 G. ROAD, KINSLEY, KS  67547

DIRECTIONS: FROM KINSLEY, KS—GO 7 MILES NE ON US 56, THEN 1/8 MILE EAST OR FROM GARFIELD, KS—GO 7 MILES SW ON US 56, THEN 1/8 MILE EAST

STRATE’S KOUNTRY KITCHEN WILL SERVE LUNCH

652 ACRES EDWARDS COUNTY LAND

(Sells Immediately Following Farm Machinery at Approx. 1:00 p.m.)

TRACT #1.  SW/4 4-25-20, Edwards Co., KS—160 Acres, More or Less, Consisting of 140 Acres Dry Cropland Planted to Milo, 20 Acres CRP @ $32.83/Acre through 10/1/2024.  $686 Annual Payment, Buyer’s First Payment Will be in 2018.  Possession on Tract #1 at Closing. None of 2017 Milo Crop Goes to the Buyer.  Sellers to Pay 2017 Taxes.  2016 Taxes Were $1,347.97.

TRACT #2.  S/2 NE/4 4-25-20, Edwards Co., KS—80 Acres, More or Less, Consisting of Dry Cropland Wheat Stubble. Possession on Day of Sale with Receipt of Down Payment and Mutual Execution of Contract.  Seller to Pay 2017 Taxes.  2016 Taxes (Combined with Tract #3) Were $1,341.45.

TRACT #3.   E/2 SE/4 4-25-20 (Less Highway) Edwards Co., KS—78 Acres, More or Less, Consisting of Dry Cropland Wheat Stubble. Possession on Day of Sale with Receipt of Down Payment and Mutual Execution of Contract.  Seller to Pay 2017 Taxes.  2016 Taxes (Combined with Tract #2) Were $1,341.45.

FSA INFORMATION:  Tracts #1, #2 & #3 Are Combined:  187.6 Acre Wheat Base; 120.6 Acre Grain Sorghum Base; 38.6 Acre Soybean Base.

TRACT #4.  56 Acres Fenced Grass in W/2 5-24-18, Edwards Co., KS—Along Arkansas River with 70x40 Machine Shed, 50x40, 70x40 & 60x40 Storage Sheds and Steel Corrals.

TRACT #5.  248 Acres Dry & Irrigated Cropland in W/2 5-24-18, Edwards Co., KS. Center Pivot Irrigation System with Manifold Wells, Water Right #30773 Covering 190 Acres with 183 Ac. Ft.  All Open Cropland Except 31 Acres Milo Planted in SW Corner, Which is Retained by Seller.

TRACT #6.  30 Acres Dry Cropland Lying NW of US Hwy 56 in W/2 5-24-18, Edwards Co., KS.  All Dry Open Cropland.

FSA INFORMATION Combined for Tracts 5 & 6: 159.6 Acre Wheat Base; 102.7 Acre Grain Sorghum Base; 32.9 Acre Soybean Base.

TERMS & CONDITIONS

TERMS:  $20,000 Down on Tracts #1 & #5; $10,000 Down on Tracts #2, #3 & #4 and $3,000 Down on Tract #6 all on Day of Sale.  Balance Due in 30 Days or Sooner With Title Approval.  Title Insurance Will Be Used, Cost Will Be Shared 50/50 Between Buyer & Seller. 

POSSESSION:  On Tract #1 on Day of Sale Subject to Current Milo Harvest Being Completed; On Tracts #2, #3, #4, #5 & #6 On Day of Sale with Receipt of Down Payment and Mutual Signing of Contracts.

TAXES: 2017 & All Prior Years Taxes Paid by Seller.

MINERALS:  Sellers Mineral Interest Sells with Land and is Believed to be 100%.

Any Announcement Made Sale Day Shall Take Precedence Over All Advertised Material.  Sells Subject to All Easements, Leases & Right-of-Ways of Record.  Carr Auction & Real Estate, Inc. Will Be Acting as Seller’s Agent.