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Real Estate Auction

Thursday, October 15th, 2020 at 10:00 AM

155.6 Acres of Cropland & Pastureland

LOCATION: From Sterling, KS go east 6 miles to Road 21, then south 1 mile. From Nickerson, KS go north on Nickerson Rd or 22nd Rd to Ave W then west 1-mile

AUCTION SITE: Sale held on location

LEGAL DESCRIPTION: Southwest Quarter of Section 21-21-7 in Rice County, KS selling 155.6 acres more or less

155.6 Acres of Cropland & Pastureland

• FSA reports 121.3 acres of cropland; the balance is in pastureland; FSA reports 29.24 acres of pastureland
• FSA reports 121.3 wheat base with a 35-bushel yield, currently signed up in PLC Program
• The cropland will be planted to wheat, buyer will receive 1/3 of the growing wheat crop and possession after the 2021 wheat harvest
• Access is good; located ½ mile from 22nd Rd & Ave V Rd blacktops, Location is good; located close to both Nickerson, KS and Sterling, KS grain terminals
• This is a good productive tract of farmland
Taxes $469.29 to be prorated at closing
• Sellers will furnish clear Title Insurance; buyer shall pay the $400 closing fee at the Title Company
Terms: $30,000 down on sale day, the balance due in 30 days; not contingent on obtaining financing. Down payment is non-refundable
• Property sold as is without any written or implied guarantees
• Don't overlook this opportunity for a sound investment
• Mineral rights transfer to the buyer; seller does not reserve their mineral rights
• No buyer's premium will be charged, you pay what you bid
• Any announcements on sale day take precedence over auction ad

Seller: Grace Rice Trust
Trustee: Randall V Rice

Auctioneer & Realtor- Paul Nisly | 620-662-7570

ReeceNichols South Central Kansas

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