1169± Acres - LANDFLIP

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Auction #11049

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Announcements made day of auction take precedence over previously printed material and oral statements.

Larry Theurer, CAI, GPPA Ray Purdy, Ag Specialist

Auction Managers

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Finney County, KS

www.UCTheurerAuctions.com

(620) 326-7315

Highway 160 East / PO Box 601 Wellington, KS 67152-3953

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Finney County Fairgrounds, Grandstand Meeting Room: 409 1/2 Lake Ave, Garden City, KS

Property Location: 5 miles north of Garden City, KS, on Hwy 83 to Six Mile Rd, 2 miles east to North Campus Rd, 1 mile north to feedlot headquarters

AUCTION: Wed, September 7th at 7pm

Individually & Collectively

Offered in 4 Tracts

1,169± Acres

409 1/2 Lake Ave, Garden City, KS

Finney County Fairgrounds, Grandstand Meeting Room

Wed, September 7th at 7pm

AUCTION

Cattle Feedlot • Irrigated Tillable • Irrigated Pasture

Finney County Land

1,169± Acres

1,169± Acres Finney County Land Cattle Feedlot Irrigated Tillable Irrigated Pasture A great opportunity to purchase 1,169± contiguous acres (931 irrigated) plus feedlot with scales, grain bins, and livestock buildings. Land is located 8± miles northeast of Garden City, KS.

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AUCTION: Wed, September 7 2011 at 7pm Finney County Fairgrounds, Grandstand Meeting Room 409 1/2 Lake Ave, Garden City, KS

www.UCTheurerAuctions.com

800.207.6830

AUCTION: Wed, September 7 2011 at 7pm th

Online Bidding Powered By

Finney County Fairgrounds, Grandstand Meeting Room: 409 1/2 Lake Ave, Garden City, KS

Property Location: 5 miles north of Garden City, KS, on Hwy 83 to Six Mile Rd, 2 miles east to North Campus Rd, 1 mile north to feedlot headquarters

Tract 3

316± Acres

South Half (S/2) Section 4, Township 23 South, Range 32 West, Finney County, KS

Southwest Quarter 159± Acres

Tract 3

Tract 1

315± Acres

West Half (W/2) Section 5, Township 23 South, Range 32 West, Finney County, KS

Northwest Quarter 160± Acres • • • • • •

70 Acres Irrigated Alfalfa, planted 2009 50 Acres Irrigated Grain Sorghum 21 Acres Summer Fallow Sprinkler: 8-Tower T&L, installed 2005 Engine: Chevrolet 350 hp on natural gas Well: Located in center of circle; pulled/ rebowled 2007, tested 07/19/2011*

Southwest Quarter 155± Acres

(Except 5.4 Acre homestead in NW corner) • 120 Acres Irrigated Alfalfa, planted 2010 • Balance of 35± Acres is Native Grass • Sprinkler: 8 Tower T&L, installed 2001 • Engine: Chevrolet 350 hp on natural gas • Well: Located in center of circle; pulled/ rebowled 2008; tested 07/19/2011*

Note: Additional irrigation well is located along east side of this tract – supplies water to the East Half of Section 5. Well was drilled in 2005 and has a Daewoo 6 cylinder diesel engine and 2 – 1000 gallon fuel tanks. 3± acres will be surveyed out and included with Tract 2.

Tract 2

320± Acres

East Half (E/2) Section 5, Township 23 South, Range 32 West, Finney County, KS

Northeast Quarter 160± Acres

• 120 Acres Irrigated Pasture (PM-6), grass planted in 2004 or 2005 • Balance of 40± Acres is Native Grass • Sprinkler: 8 Tower T&L, new 1992, 2 towers replaced in 2004 • Engine: Chevrolet 292 hp on natural gas • Well: Located in center of circle

Southeast Quarter 160± Acres • • • • •

120 Acres, Wheat Harvested in 2011 Balance of 40± Acres is Native Grass Sprinkler: 8 Tower T&L, installed 1991 Engine: Chevrolet 350 hp on natural gas Well: Located in center of circle

(Except 7 Acres in NE corner with Improvements) • 120 Acres Irrigated Pasture, PM-6 Grass planted in 2002 • Balance of 14± Acres is Native Grass • Sprinkler: 7 Tower Zimmatic, installed in 1981 • Engine: 15 hp electric submersible pump • Well: Located 400± Ft south of pivot center • Estimated water output is 100 gallon/ minute • High line powered by Wheatland Electric • Farmstead: 16± Acres, 7± Acres located in SW corner of SW/4 of Section 4 plus tract of 9± Acres located in NW corner of NW/4 of Section 9 • Feedlot with following improvements / features: ¬ Fence line cement feed bunks with cement slab for 800 head, feedlot pens are wood post and poles in poor condition ¬ Outside pens and working area have Lyn metal continuous fencing, 6 Peterson concrete stock tanks on concrete slabs ¬ Fairbanks-Morse 33000# livestock scales (10’x22’) over pit – Located on west end of working facilities ¬ Morton 30’ x 30’ with enclosed cattle working facilities, includes C&S hydraulic operated working chute, half circle alley, quarter circle tub ¬ Morton 24’ x 48’ open front cattle shed attached to working facilities building ¬ Morton 24’ x 36’ building with concrete floor and rollup end door ¬ Morton 24’ x 36’ building with concrete floor and 10’ sliding door ¬ 10,500 bushel Butler grain bin with in-ground cone, bin needs repair ¬ 4 compartment overhead feed bin with half scale (10’ x 35’) to weigh trucks, set on slab ¬ 10” grain auger with dump pit for grain bins ¬ Older automatic roller mill with Hutchinson auger from grain bin; auger from mill to overhead bins ¬ 10,000 gallon diesel tank ¬ Separate water well for livestock facilities

Southeast Quarter 157± Acres

• 120 Acres Irrigated Planted to Grain Sorghum • 21 Acres Dryland, Summer Fallow • Sprinkler: 8 Tower Valley, electric, 1986 • Engine: 20 hp electric submersible pump • Well: Located along east side next to Jennie Barker Road • Estimated water output is 125 gallon/ minute • High line powered by Wheatland Electric

Tract 1

Tract 2 Tract 3

Tract 4

218± Acres

Northwest Quarter (NW/4), except 7± Acres in NW corner and 7± Acres in SE corner, AND Portion of Southwest Quarter (SW/4), all in Section 9, Township 23 South, Range 32 West, Finney County, KS

Tract 4

Northwest Quarter 137± Acres

• 120 Irrigated Acres Planted to Grain Sorghum • 16 Acres Summer Fallow • Sprinkler: 8 Tower Reinke

Portion of Southwest Quarter 81± Acres

• 68 Acres Irrigated Planted to Grain Sorghum • 9 Acres Summer Fallow • 4 Acres Native Pasture • Sprinkler: 7 Tower Zimmatic • Well: Located in SE portion of smaller circle; tested 07/19/2011* • Engine: Chevrolet 350 hp on propane, includes leased 1000 gallon tank • Supplies water for adjoining circle of 120 Acres • High line powered by Wheatland Electric

FSA Crop Bases & Yields Section 5-T23S-R32W Grain

Acres

Yield (Bu/Ac)

Wheat

215.7

46

Oats

5.2

30

Corn

135

118

Grain Sorghum

33.7

80

2.9

40

Barley

Terms & Conditions Earnest Deposit: 10% of Purchase Price due

day of Auction

Closing: On or before October 7, 2011 Title Insurance/Closing: Title Insurance and escrow closing shared equally between Seller and Purchaser. Title insurance and closing handled by Land Title.

Taxes:

Seller pay 2010 taxes and all prior years. At closing, Seller to give Purchaser credit for 2011 taxes based on 2010 taxes.

Crop Share:

FSA payments

Seller to retain all 2011 crops and

Possession: Possession day of auction on summer fallow land and wheat stubble. Possession on balance of land after harvest of 2011 grain sorghum crop and last cutting of alfalfa

Soil Types: Primarily Otero-Ulysses complex, Valent-Vona loamy fine sands, and Beeler silt loam

SE/4 Section 4-T23S-R32W Grain

Acres

Wheat

51.6

Yield (Bu/Ac) 40

Corn

92.6

131

Tract 3

SW/4 Section 4-T23S-R32W Grain

Acres

Wheat

62.9

Yield (Bu/Ac) 33

Corn

50.4

110

*Well test results available day of Auction

W/2 Section 9-T23S-R32W Grain

Ranked No. 1 for Land Auction Sales by The Land Report “The Magazine For The American Landowner”

Wellington • Wichita

Acres

Yield (Bu/Ac)

Wheat

118

44

Corn

101

131

For more information please contact Theurer at:

800.207.6830

or preview online: www.UCTheurerAuctions.com

Clifford Mayo, Steven Mayo, Stephen Sexton, Sellers