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DATE: Friday December 13, 2024
TIME: 1:30 PM
LOCATION: Trapper Joes (304 S Elkhorn St, Simpson, KS 67478)
CLOUD COUNTY LAND AUCTION
DATE: Friday December 13, 2024
TIME: 1:30 PM
LOCATION: Trapper Joes (304 S Elkhorn St, Simpson, KS 67478)
Tract 1 Legal- S06, T08, R05, ACRES 69.18, N 70 AC OF NW4 EXC RD ROW
TOTAL ACRES: 69.81(+/-) total acres- (68.81 (+/-) USDA cropland acres)
ACREAGE BREAKDOWN: Current tenant has all cropland acres currently to wheat
CROP SHARE: Seller and tenant are currently in a crop share verbal lease agreement. New Buyer will receive sellers 40% share of any acres currently planted to wheat & will be responsible for 40% of any related expense.
BUYER POSSESSION: Buyer will receive possession after the 2025 wheat harvest or Aug. 1, 2025 whichever may come first.
TAXES: Seller shall pay the taxes for the year 2024 & all prior years. Buyer shall pay the taxes for the year 2025 & all succeeding years. Current taxes are $696.06
BASE ACRES & PLC YIELDS: Wheat (31.8 Base Acres/PLC Yield 41)- Grain Sorghum (28.4 Base Acres/ PLC Yield 89)- Soybeans (4 Base Acres/PLC Yield 40)- Total Base Acres- 64.20
Tract 2 Legal- S06, T08, R05, ACRES 88.65, S 20 AC OF S2 NW4 & SW4 N OF HWY & RR ROW EXC HWY ROW
TOTAL ACRES: 88.65 (+/-) total acres- (88.65 (+/-) USDA cropland acres)
ACREAGE BREAKDOWN: Current tenant has all cropland acres currently to wheat
CROP SHARE: Seller and tenant are currently in a crop share verbal lease agreement. New Buyer will receive sellers 40% share of any acres currently planted to wheat & will be responsible for 40% of any related expense.
BUYER POSSESSION: Buyer will receive possession after the 2025 wheat harvest or Aug. 1, 2025 whichever may come first.
TAXES: Seller shall pay the taxes for the year 2024 & all prior years. Buyer shall pay the taxes for the year 2025 & all succeeding years. Current taxes are $1,096.42
BASE ACRES & PLC YIELDS: Wheat (40.9 Base Acres/PLC Yield 41)- Grain Sorghum (36.70 Base Acres/ PLC Yield 89)- Soybeans (5.10 Base Acres/PLC Yield 40)- Total Base Acres- 82.70
TERMS: 10% of the purchase price as down payment day of auction, the balance will be due upon closing. Down payment will be escrowed with NCK TITLE, fees will be split 50/50 between seller & buyer. Title Insurance will be used, the cost will be split 50/50 between seller & buyer. Hansen Auction & Realty is acting as seller's agent on behalf of the sellers. All information is believed to be correct. However, neither the sellers nor the auction company make any guarantees expressed or implied. Statements made day of auction shall take precedence over any printed material.
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