35116 W Fountain Green Rd Langdon, KS 67583

ON SITE AUCTION, THURSDAY, JANUARY 22, 2015, 11:00 AM. This 98 acre farm in Reno County is all grass and CRP with an older farmstead. It has been used primarily for cattle, but has plentiful deer, pheasant, & quail, and would make for an outstanding hunting property with cabin/lodge, rental property, or home. The land consists mostly of Class II & III with a small amount of Class VI soils, and is mostly native grass with 78.6 acres of CRP with last payment due September 15, 2015. The farmstead consists of a 990 square foot, 2 BR 1BA home detached garage/man cave and misc. outbuildings with catch pens. Buyer to receive 2015 FSA CRP payments, and is responsible for registering with Reno County FSA as new owner. Seller is responsible for 2014 and prior years taxes and Buyer is responsible for all 2015 taxes. Minerals are intact and has a new oil well with $19,525 production from March to December 2014. This real estate will be offered in multi-rights style auction. Mineral rights and surface rights to be offered separately and as a whole, sold in the manner that best suits the seller. Auction procedure and increments of bidding are at the discretion of the auction company. Buyer of mineral rights is responsible for notifying and changing ownership of mineral rights with production company. Earnest money of $10,000 for mineral rights, $15,000 for surface rights ($25,000 if combined) is non-refundable and purchase contract is not contingent on loan. Closing will be on or before February 24, 2015, at Security 1st Title. Buyer and Seller to share title policy and closing costs equally. Property, home, and all out buildings are being sold "As-Is, Where-Is" in its present condition. Buyer is responsible for all inspections and due diligence prior to auction. Announcements made by the auctioneer during the time of the auction will take precedence over any previously printed or any other oral statements made. Successful winning bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction. All documents will be made available upon request to prospective buyers prior to auction. If documents are not understood, broker recommends buyer to seek competent advice. All information deemed reliable, but not guaranteed.