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KANSAS LAND AUCTION

For Richard V. Hilgers and Jan Hilgers

Selling 1,020 Acres ± of Trego County Land

Sells in Five Individual Tracts – No Combinations

Pasture, Cultivation & CRP

Monday, April 25th, 2011 - 10:00 A.M.

Auction Location: VFW Hall, 400 N Railroad Ave., WaKeeney, Ks

Land Location: The intersection of 330 Ave. and A Rd will put you at the NE corner Tract 1 and NW corner of Tract 3. Tract 2 & 4 are just ½ Mi. South on 330 Ave with Tract 2 on the west side and Tract 4 on the east side of the road. The SW corner of Tract 5 is located at the intersection of 330 Ave and F Rd

Watch for Signs!!!

Sold: $240,000.00 TRACT 1; Legal Description: Surface Only in and to; The North Half (N/2) of Section Three (3), Township  Eleven (11) South, Range Twenty-two (22) West of the 6th P.M., Trego County, Kansas being 320 acres more or less

FSA & General Info; 207.7 acres of cropland with the balance being pasture, waterways, shelter belt & grass hay. 110.45 wheat base w/30 bu. yield and 27.2 acre grain sorghum base w/45 bu. yield

Sold: $75,000.00 TRACT 2; Legal Description: Surface Only in and to;  The East Half of the Southeast Quarter (E/2SE/4) of Section Three (3), Township  Eleven (11) South, Range Twenty-two (22) West of the 6th P.M., Trego County, Kansas being 80 acres more or less;  less  an approximate 9 acre tract with improvements. Exact acreage to be determined by survey.

FSA Info; 56.6 acres of cropland with the balance being pasture. 40.8 wheat base w/30 bu yield and 10.1 acre grain sorghum base w/45 bu. yield

Sold: $301,000.00 TRACT 3; Legal Description: Surface Only in and to;  The North Half  (S/2) of Section Two (2), Township  Eleven (11) South, Range Twenty-two (22) West of the 6th P.M., Trego County, Kansas being 320 acres more or less

FSA & General Info: 238.6 acres of cropland of which 19.8 acres are newly enrolled in CRP at $23.48 per acre. Balance is pasture, waterways, shelter belt & grass hay. 127.5 acre wheat base w/30 bu. yield, 59.5 acre grain sorghum base w/45 bu. yield.

Sold: $90,000.00 TRACT 4; Legal Description: Surface Only in and to;  The Southwest Quarter (SW/4) of Section Two (2), Township  Eleven (11) South, Range Twenty-two (22) West of the 6th P.M., Trego County, Kansas being 160 acres more or less; less  an approximate 6 acre tract with improvements. Exact acreage to be determined by survey.

FSA & General Info: 76.8 acres of cropland all of which are enrolled in CRP at $36.01 per acre. Balance is pasture and waste. No crop bases.

Sold: $106,000.00 TRACT 5; Legal Description: Surface Only in and to;  The Southwest Quarter (SW/4) of Section Twenty Six (26), Township  Eleven (11) South, Range Twenty-two (22) West of the 6th P.M., Trego County, Kansas being 160 acres more or less; less  an approximate 6 acre tract with improvements. Exact acreage to be determined by survey.

FSA & General Info: This tract is all pastureland.

Terms: 10% down day of sale with the balance to be paid at closing.

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.

Possession:  Immediate upon receipt of the required 10% down day of sale.

Taxes: Seller Shall Pay All The 2010 Taxes and Buyer shall Pay All Subsequent Years Taxes. 2010 taxes were; Tract 1 - $621.28  Tract 2 - $230.80 Tract 3 - $631.34 Tract 4 $186.98 Tract 5 - $207.42

Terms: 10% down day of sale with the balance to be paid at closing.

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.

Sellers: Richard V. Hilgers and Jan Hilgers

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