CALLfor - Faulkner Real Estate

Bidding will not end prior to Tuesday March 17th, 2015. TRACT #1 - From HWY27 & RD 35 north of Johnson, KS; 6.5 miles east to the northwest corner of the NE/4 of tract #1.

Tenant: None.

Minerals: None included.

Legal Description: Surface and water rights only in and to the

Crops: 260 acres +/- 2015 wheat & NE/4 Fallow. Buyer to receive

TRACT #2 - Adjacent to Tract #1 & #3

Tenant: None.

1/3 of growing wheat w/ no expense. South-Half and the NE/4 (S/2 & NE/4) of Section 25-26-40, Hamilton Soils: 55% Richfield silt loam 0-1% slope, 42% Colby silt County, Kansas. Acres: 483.93+/- (Obtained from survey) loam 1-3% slope & 2% Ulysses silt loam 0-1% slope. Taxes: $1,046.06 Gravel pit site: Material lease available to Hamilton County– Call Possession: open ground at closing, wheat after 2015 harvest. for details.

Legal Description: Surface and water rights only in and to the

Minerals: None included.

Crops: NE/4 fallow, SW/4 & portion of SE/4 wheat, balance of South-Half and the NE/4 (S/2 & NE/4) of Section 19-26-39, Hamilton SE/4 CRP. Buyer to receive 1/3 of growing wheat w/ no expense. County, Kansas. Acres: 460.47+/- (Obtained from survey) Soils: 52% Ulysses silt loam 0-1% slope, 31% Colby silt loam Taxes: $1,111.16 1-3% slope, 10% Colby silt loam 5-15% slope, & similar. Possession: open ground at closing, wheat after 2015 harvest, CRP info: Contract #10145A CRP subject to existing CRP contract. Acres Enrolled: 130.2 PMT/acre: $27.85 Ann. PMT: 3,626

TRACT #3 - Adjacent to Tract #1 & #2

Legal Description: Surface and water rights only in and to the Northeast Quarter (NE/4) of Section 30-26-39, Hamilton County, Kansas. Acres: 161.99+/- (Obtained from survey)

Term: 10-1-12 to 9-30-22

Possession: Upon closing. Tenant: None.

Minerals: None included.

Crops: 100% Fallow. Soils: 39% Colby silt loam 1-3% slope, 31% Ulysses silt loam

Taxes: $378.60

0-1% slope & 30% colby silt loam 5-15% slope.

TRACT #1 S/2 & NE/4 of 25-26-40

NE/4 Fallow Possession upon closing!

TRACT #2 S/2 & NE/4 of 19-26-39

NE/4 Fallow Possession upon closing!

CALL for Complete FSA information.

TRACT #3

Proposed County material site-Call.

h in W Draw

130.2 acres CRP

NE/4 of 30-26-39

S/2 Wheat 1/3 to Buyer w/ no expense

eat

Non-Cropland

SW/4 Wheat 1/3 to Buyer w/ no expense

100% Fallow Possession upon closing!

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 Brok er 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 April 23, 2015. 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, noxi ous weeds, acreages, lease terms, etc. Property sells “AS-IS” and subject to leases, easements, covenants, CRP contracts and reservations, if any, now existing against said property. NO WARRANTIES, with the exception of title issues, are either expressed or implied by Seller or Faulkner Real Estate, Inc.