LEIKER LAND AUCTION

Selling 160 Acres ± of Ellis County Kansas Land

for Norbert K. Leiker Estate, Lillian Leiker, Administrator

Monday, November 15, 2010, 10:00 A.M.

Auction Location:Schoenchen Community Center, Schoenchen, KS.

Land Location: 2 miles west of Highway 183 on the Schoenchen Rd, then 5/8 of a mile south on the west side of the county road.

Legal Description: The Southeast Quarter (SE/4) of Section Thirty-one (31), Township Fifteen (15) South, Range Eighteen (18) West of the 6th P.M., Ellis County, Kansas being 160 acres more or less.

General Description: This is an excellent tract of land that has 61.61 acres of fenced grassland, 8.86 acres of trees and waterways, 84.0 acres of cultivation. This tract also includes a 42’ X 80’ Quonset building that was completed in 2003, 1,000 bushel grain bin and water well.

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

Possession: Buyer shall be given possession immediate upon closing

Minerals: Sellers will convey 100% of Sellers mineral interest to Buyer(s). All minerals are believed to be intact.

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 $867.52

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: Norbert K. Leiker Estate, Lillian Leiker, Administrator

Jason W. Schneider, Salesperson Donald L. Hamit, Broker

785-623-4075 888-573-6585

This Real Estate is selling under the firm of Don Hamit Land & Auction Co.