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Sold - $106,000.00

TOWNS LAND AUCTION

Selling 80 Acres ± of Graham County Kansas Crop Land

for Therean & Mary Towns

Monday, November 1, 2010 10:00 A.M.

Auction Location: Palco Community Building, Palco, KS.

Land Location: 2 mi. south of Palco Ks. on 3 rd to Y rd. then 5 ½ mi. West to SE corner of property . (Y road converts to G rd when entering Graham county from the east)

Legal Description: Surface Only: The East Half (E/2) of the Northwest Quarter (NW/4) of Section Four (4), Township Ten (10) South, range Twenty-one (21) West of the 6th P.M. Graham County, Ks. being 80 acres more or less.

FSA Info: 77.7 acres of cropland. Wheat Base: 28.8 acres w/34 bu. yield – Grain Sorghum Base: 21.3 acres w/58 bu. yield

General Description: This is an excellent tract of land has 77.7 acres nearly level, very productive, cropland.

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

Possession: Buyer shall be given possession immediate upon closing

Minerals: Seller shall reserve all mineral rights.

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: Seller shall pay all 2010 and prior years taxes. All subsequent years taxes will be the responsibility of the buyer. 2009 Taxes were $198.26

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.

SELLER: Therean & Mary Towns

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