MORIN ESTATES LAND AUCTION

160 ACRES± ROOKS COUNTY, KANSAS LAND

Pasture – CRP - Hunting

Tuesday, May 6^th, 2008 at 10:00 A.M.

AUCTION LOCATION: AMERICAN LEGION HALL, STOCKTON, KS

(109 N. Elm – 2 blks. E and ½ blk N of Stoplight)

Legal & General Descriptions: The NW/4 of Section 22, Township 8 South, Range 20, West of the 6^th P.M., Rooks County, KS. being 160 acres more or less.

This property contains 87.9 acres of CRP and has an annual contract payment of $3,084.00. CRP expires Sept. 30, 2010. Balance of this property is excellent native pasture. The CRP grass and the extensive wooded draws on this tract of land provides substantial habitat for many species of game including deer, pheasants and turkey. HUNTERS PARADISE!

Terms: Twenty per-cent (20%) down day of sale with the balance due at closing

Property Location: 2 Mi. East and 2 Mi. North of Damar, Ks. Intersection of P and 4 Roads is the Northwest Corner.

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

Possession: Seller shall grant possession immediate upon closing.

Taxes, Minerals & CRP. The 2007 and prior years taxes will be paid in full by the sellers. 2008 Taxes will be prorated to date of closing. All subsequent years taxes will be the responsibility of the buyer. 2007 Taxes were $303.20 Seller(s) shall convey to buyer all CRP payments that may be payable from the date of this sale. Seller agrees to convey 100% of Sellers mineral interest to Buyer

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 you loan agency prior to the auction.

SELLERS: Nita Johnston as Executor of the Alvin Morin Estate and the Heirs of the Velda L. Morin Estate