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BERLAND LAND AUCTION

(Doug & Harlan Berland Co-Trustees)

Selling 658 Acres M/L of Rooks County Kansas Land

for the Alverize Berland Revocable Trust

Tuesday, August 22nd, 2006            10:00 A.M.

Auction Location: Damar, Ks. in the Basement of the Richland Township Hall on Main Street

All tracts will be sold individually in the order listed.

No Combinations

Tract 1 Location: Intersection of 6 & Q Rd will be the SW Corner

Sold - $90,000.00

Legal Description: The Southwest Quarter (SW/4) of Section Twenty-Four (24), Township Eight (8) South, Range Twenty (20) West of the 6th P.M. Rooks County, Kansas being 160 acres more of less.

 General Description: This tract of land has 23.23 acres of CRP, 38.37 acres of pasture with excellent fence and the balance is cropland.  Approx 2005 Taxes - $438.44

Buyer(s) will be required to make reimburse in the amount of $752.00 for the “Burn Down” performed on approx. 94 idle acres

Tract 2Location: Intersection of 7 & Q Rd will be the SE Corner

Sold - $80,000.00

Legal Description: The Southeast Quarter (SE/4) of Section Twenty-Four (24), Township Eight (8) South, Range Twenty (20) West of the 6th P.M., Rooks County, Kansas being 160 acres more of less.

General Description: This tract of land has 109.34 acres of CRP and the balance is cropland. Approx 2005 Taxes - $438.44

Buyer(s) will be required to make reimburse in the amount of $392.00 for the “Burn Down” performed on approx. 49 idle acres

Tract 3 – Location: Intersection of 4 & R Rd will be the SE Corner

Sold - $37,000.00 

Legal Description:    The West Half of the Northwest Quarter (W/2NW/4) of Section Twenty-Eight (28), Township Eight (8) South, Range Twenty (20) West of the 6th P.M., Rooks County, Kansas being 80 acres more of less.

General Description: This tract of land has 54.8 acres of CRP and the balance is grass & waste.  2005 Taxes were $88.10

Tract 4Location: Intersection of 3 & Q Rd will be the NW Corner

Sold - $131,000.00 

Legal Description:    The South Half (S/2) of Section Twenty-Eight (28), Township Eight (8) South, Range Twenty (20) West of the 6th P.M., Rooks County, Kansas less a 57.73 acre tract in the West Half of the Southwest Quarter (W/2 SW/4) of said section leaving 257.6 acres more or less.

General Description: This tract of land has 237.1 acres of CRP and the balance is grass & waste.  2005 Taxes were $445.94

FSA Info;

Tract 1: 23.23 acres CRP @ $30.40 per acre, expires 9/30/2007, 94.6 acres of cropland with approx. 91 acre wheat base and a 32 bu. yield.

Tract 2: 109.34 acres CRP @ $30.40 per acre, expires 9/30/2007, 48.73 acres of cropland with approx. 41.6 acre wheat base and a 32 bu. yield.

Tract 3:  54.8 acres of CRP @ $29.59 per acre, expires 9/30/2009, 15.7 acres of cropland with 14.7 acre wheat base and a 32 bu. yield.

Tract 4: 237.1 acres of CRP @ $31.05 per acre, expires 9/30/2007. Balance waterways & waste, no bases

Minerals: excepting and reserving unto said grantor(s), its successors, and assigns an undivided ˝ interest in and to the oil and gas and other minerals in and under and that may be produced from the afore-described real estate for a period of 20 years from date of deed, and as long thereafter as oil and gas or other minerals are being produced and mined from said land, or operations, or development for oil and gas or other minerals are being conducted, together with the right of ingress and egress for the purpose of drilling, mining and exploring said land for oil, gas and other minerals reserved and excepted here from. This reservation unto grantor(s) shall be non-participating as to all bonuses and delay rentals, and the grantee(s), the heirs and assigns, shall have the sole and exclusive right to execute and convey oil and gas leases, provided however, that such lease or leases shall reserve, at least, the usual one-eighth (1/8) royalty interest. Grantee(s) further agree to accept any reasonable offer of an oil and gas lease covering the captioned premises.

Terms: 20% down day of sale with the balance to be paid at closing.

Possession:            Buyer shall be given possession of all unplanted acres and the CRP immediate upon closing. Possession of the pasture shall be March 1, 2007.

Growing Crops:  No Growing Crops

Title Insurance:            Title insurance shall be used to prove clear & merchantable title with the Buyer & Seller sharing equally the owner’s policy expense. The mortgage  policy, if required, will be the expense of the buyer.

Taxes & FSA & CRP Pmts.            The 2005 and prior years taxes will be paid in full by the sellers. 2006 Taxes will be prorated to date of closing. All subsequent years taxes will be the responsibility of the buyer. Seller shall convey to buyer all land owners share of the FSA payments that may be payable from the date of this sale and Sellers will convey to Buyer 100% of all 2006 and subsequent years CRP payments.

Conditions:            All acreages are considered to be approximate and are deemed to be from reliable county & FSA sources. Buyers are encouraged to verify details and view properties prior to the auction. Announcements made day of sale shall take precedence over printed material. This auction sale is not contingent upon the purchaser's ability to finance the purchase. Consult your loan agency prior to the auction.