60+/- Ac DEVELOPMENT POTENTIAL or TILLABLE
AUCTION: Thursday, November 5, 2009, 7pm
AUCTION LOCATION: Goddard Community Center, 122 N Main, Goddard, KS
60+/- Acres Offered as 3 - 20 acre parcels, Separately and in Combinations
All tracts currently tillable
Near rapidly-growing community of Goddard, Kansas
One-half mile south of Goddard High School
TERMS & CONDITIONS:
10% Buyer’s Premium
3% Broker Participation Offered – Must pre-register bidder no later than 5:00 pm on Wednesday, November 4, 2009.
EARNEST DEPOSIT: 10% non-refundable earnest deposit due day of Auction
TAXES: Seller shall pay 2009 taxes and all prior years. 2008 taxes were $615.44
CROP SHARE: Purchaser shall receive landowner’s one-third share of 2010 wheat crop and equivalent FSA payment. Purchaser shall pay landowner’s one-third share of fertilizer/chemical applied to 2010 wheat crop.
POSSESSION: At closing subject to current tenant one-third/two thirds crop share lease.
MINERALS: Minerals are believed to be intact; all of Seller’s mineral interest shall be conveyed to Purchaser(s) at closing.
SURVEY: If property sells as more than one parcel, a survey will be performed to determine legal descriptions with cost being shared equally between Seller and Purchaser(s).
LOIS J. FUNDERBURG TRUST, Seller
PROPERTY NUMBER: 15012-09039