160+/- ACRES TILLABLE, SUMNER COUNTY, KSAUCTION: Tuesday June 4,2013 at 7:00 pmTheurer Marketing Center, Hwy 160 E, 802 E 16th St, Wellington,KSNortheast Quarter (NE/4) Section 12, Township 34 South, Range 1 West, Sumner County, KansasDirections from Wellington, KS: 10 miles south on US 81 Hwy to 120th St, 1.5 miles eastDirections from South Haven, KS: 4 miles north on US 81 Hwy to 120th ST, 1.5 miles east160± Total Acres - 158± Acres Tillable155.1 Acre Wheat Base – 36.1 Bushel/AcreSoils: Primarily Farnum loam (0-1% & 1-3% slopes), balance is Bethany silt loam and Milan loam2012 Taxes: $1,192.64Possession: Following harvest of 2013 wheat cropCash Rent: Buyer shall receive cash rent in the amount of $5,530 on or before August 1, 2013Minerals: Seller reserving one-half share of minerals for duration of current lease and the two-year option, or as long as production exists thereafter. In the event current option is not exercised within 90 days as per lease, Seller shall convey 100% of minerals to Buyer.TERMS & CONDITIONS:10% Earnest Deposit due day of Auction. Closing on or before July 3, 2013. Seller shall pay 2012 taxes and prior years; Buyer shall pay 2013 taxes. Title Insurance/Closing Fee shared equally.FRANK ROGER WHITTEN TRUST, SellerAuction #13025Auction Manager:Larry Theurer, CAI, GPPA620.399.3364
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