For: The Heirs of the late Reinhold and Rufina Suppes
Date: Monday, March 12th, 2018
Time: 10:00 A.M.
Auction Location: Bazine American Legion- 220 N Austin St., Bazine, KS
From Bazine, Ks, go 1 Mi. E on K-96 to EE Rd., then 2 Mi. N to the NEC of Tract 1, then ½ Mi. E to the NEC of Tract 2 and the SWC of Tract 4. From Bazine, Ks at the intersection of K-96 and DD Rd, go ½ Mi. N to the SWC of Tract 3
Tract I Legal Description
Northeast Quarter (NE/4) of Section Nineteen (19) Township Eighteen (18) South, Range Twenty-One (21) West of the 6th P.M. Ness Co., Ks
149.18 Acres C.R.P
8.11 Acres Unfenced Grassland
1.88 Acres Oil Tanks & Lease Rd
Tract II Legal Description
Northwest Quarter (NW/4) of Section Twenty (20) Township Eighteen (18) South, Range Twenty-One (21), West of the 6th P.M. Ness Co., Ks Less a tract in the West Half of the West Half (W/2 of W/2) being approx. 42 acres
116.25 Acres C.R.P.
Tract III Legal Description
Northwest Quarter (NW/4) of Section Thirty (30) Township Eighteen (18) South, Range Twenty-One (21) West of the 6th P.M. Ness Co., Ks
137.8 Acres C.R.P. @ $40.47/acre contracted through 9/30/2020
12.63 Acres Waterways
Tract IV Legal Description
Southeast Quarter (SE/4) of Section Seventeen (17) Township Eighteen (18) South, Range Twenty-One (21) West of the 6th P.M. Ness Co., Ks
144.09 Acres C.R.P. @ $40.84/acre contracted through 9/30/2020
8.69 Acres Waterways
These tracts of C.R.P. have excellent access and are located within two miles from Bazine. They guarantee a good rate of return through 9-30-2020, and at that time the soils would indicate the possibility of putting this property back into production, or possibly re-enrolling it back into a C.R.P. program. These properties also offer the potential for large game and upland bird hunting.
All sellers interest to be conveyed to purchaser upon closing on Tracts II-IV.
There is one oil well on Tract 1 that was completed December 2013 and is producing from the Mississipian formation. Except & Reserving unto grantor, their heirs, executors, administrators and assigns an undivided .0125 interest in and to the oil, gas and other minerals, for a period of 10 years and/or as long as there is oil & gas production.
Sellers to pay 2017 and prior taxes. Purchaser to pay 2018 and subsequent. 2017 taxes were for Tract I: $911.86, Tract II: $751.84, Tract III: $814.36, and Tract IV: $886.68
Purchaser to stay in compliance with all US Government Programs the property is presently enrolled in. Government payments to follow current F.S.A. guidelines.
10% down day of sale, balance to be paid upon title approval and delivery of deed, said closing to be on or before April 12th, 2018 or as soon as title requirements, if any, can be corrected. The seller agrees to convey said property by a good and sufficient Deed to the purchaser, subject to easements, restrictions, roads, right-of-ways, leases, reservations and county zoning regulations of record. Said deed shall be delivered to the purchaser at the time of settlement. Seller(s) to furnish warranty deed and title insurance showing merchantable title in Seller.
Possession will be at closing on all four tracts.
Farmland Auction & Realty Co., Inc. is the agent of the seller. If the purchaser desires representation, legal counsel is advised. Announcements made day of sale shall take precedence over printed material
Farmland Auction & Realty Co., Inc.
1390 E 8th, Unit A, Hays, KS 67601
785-628-2851 Toll Free: 1-888-671-2851