yoxall auction flyer

AUCTION LOCATION:
VFW IN WAKEENEY, KANSAS
SELLERS: Yoxall Family Revocable Trust &
Bonnie L. Frederick Trust
LEGAL DESCRIPTIONS:
WAKEENEY
TRACT 1: S/2 OF SECTION 25-12-23, less tract of
approximately 7 acres
TRACT 2: SW/4 OF SECTION 22-13-22
TRACT 3: N/2NE/4 OF SECTION 28-13-22
TRACT 4: NW/4 OF SECTION 10-15-24
280 Ave
OGALLAH
LAND LOCATION: See maps – SIGNS WILL BE POSTED!
M Rd
MANNER OF SALE: This real estate will be offered in 4 individual
tracts only. There will be NO COMBINATIONS OF ANY TRACTS.
Auction procedure and increments of bidding are at the discretion of the
auction company.
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147
TERMS: 10% down day of sale, with the balance to be paid on or before
January 20, 2016, or upon such terms as may be acceptable to the
Sellers. Personal and corporate checks are acceptable for the down
payment with the final payment to be made in certified funds. All funds
will be held by an identified title/escrow company. Bidding is not
contingent upon financing. Financing, if necessary, needs to be
arranged and approved prior to the auction. A 6% Buyer’s premium
applies. Announcements made day of sale take precedence over
printed material and previously made oral statements.
P Rd
Q Rd
3
2
CROPS: Crops are subject to the tenant’s rights under an oral year to
year lease. Sellers will retain the landlord’s share of the 2015 crops and
Buyers will receive the landlord’s share of the 2016 wheat crop.
FSA INFORMATION Any future FSA payments will follow the crops and
will be paid pursuant to FSA regulations. See chart below for cropland
and base acres.
CRP PAYMENTS: The 2016 CRP payments will be prorated to the date
of closing. See chart below for details.
CLOSING: On or before January 20, 2016.
POSSESSION: Date of closing, subject to the tenant’s rights on the
2016 wheat crop.
4
MINERAL RIGHTS: Sellers will retain 100% of the mineral rights
perpetually and will transfer surface rights only to the Buyers at closing.
REAL ESTATE TAXES:
Sellers will pay taxes for 2015 and prior
years. Taxes for 2016 will be the responsibility of the Buyers. See chart
below for 2015 tax amounts.
CROP
LAND
ACRES
GRASS
LAND
ACRES
313.0
187.5
2
160.0
111.2
3
4
AA Rd
INTERNET BIDDING AVAILABLE
Register by, December 1, 2015 to bid online.
Call for details.
CRP
ACRES
CRP INFORMATION
PER AC/ANN PMT/EXP
WHEAT
BASE/
YLD
GRAIN
SORGHUM
BASE/YLD
101.1+
5.51
13.2
5.7
$33.43/$184/9-30-20
$25.85/$341/9-30-20
$30.67/$175/9-30-25
67.96/38
83.88/50
$ 1,366.48
24.6+
24.2
$31.52/$764/9-30-27
40.31/38
49.75/50
$
522.42
80.0
45.5+
34.5
$22.62/$780/9-30-20
$
188.76
160.0
83.8+
76.2
$42.04/$3,202/9-30-27
$
426.82
255.0+
159.3
TRACT
AUCTION
ACRES
1
713.0
298.7
2015
TAXES
FOR A VIRTUAL TOUR VISIT www.farmandranchrealty.com
NEAL MANN, LISTING AGENT
(785-635-2102)
1420 W. 4TH ●COLBY, KS 67701
TOLL FREE: 1-800-247-7863
DONALD L. HAZLETT
BROKER/AUCTIONEER
“When you list with Farm & Ranch, it’s as good as SOLD”
AUCTIONEER’S NOTE: Great cropland and pastureland with good
hunting along with a great location NW of Cedar Bluff Reservoir!
This land will be sold at ABSOLUTE PUBLIC AUCTION in Wakeeney
on December 15th. Signs will be posted for your convenience.
Tract 3 qualifies for “HUNT ON YOUR OWN LAND” permit from the
Kansas Fish & Game. Access to Tract 4 is from the South off of Road
AA.
Call Neal Mann at 785-635-2102 with any questions or a tour of this land.
WE LOOK FORWARD TO SEEING YOU ON DECEMBER 15TH
AT THE VFW IN WAKEENEY, KANSAS
FARM & RANCH REALTY, INC.
PO BOX 947
COLBY, KS 67701
December 2015
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FOR A VIRTUAL TOUR VISIT
www.farmandranchrealty.com
SOIL LEGEND TYPES:
2674 - Harney silt loam, 1-3% slopes
2612 - Harney silt loam, 0-1 % slopes
2747 - Penden clay loam, 3-7% slopes
2622 – Harney-Mento complex, 1-3 % slopes
2748 - Penden clay loam, 3-7% slopes
2519 – Armo loam, 3-7 % slopes
2754 - Penden loam, 7-15% slopes
2521 – Armo loam, 7-15 % slopes
EVIDENCE OF TITLE: Sellers will provide title insurance to the Buyers in the amount of the purchase price with the premium to be paid one-half by the
Buyers and one-half by the Sellers. Title evidence will be provided on sale day.
ACCEPTANCE OF BIDS: The successful bidders will be required to enter into a real estate purchase contract immediately following the auction.
Copies of the contracts will be available from the auction company prior to the sale.
ACREAGES: Acreage figures are considered to be approximate and are from reliable sources based on (USDA) FSA figures. FSA acres may not be
the same as deeded acres. The number of acres are not guaranteed by title insurance.
INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections and due diligence concerning pertinent facts about
the property. Neither Sellers or Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed
or implied.
EASEMENTS: This sale is subject to all rights-of-ways and easements, whether recorded or not, and to oil and gas leases of record, if any.
AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Sellers.