440± ACRES CROPLAND

440± ACRES CROPLAND - KEARNY COUNTY, KS

LOCATION: From the intersection of Hwys 25 and 50 in Lakin, go 3½ miles west to Road N, then 2½ miles north to the property. SIGNS WILL BE POSTED!

CROPS & CROP INSURANCE: There are 140 acres of 2025 wheat and the Buyer will receive the landlord’s 1/3^rd share of the crop and pay the landlord’s 1/3^rd share of the fertilizer expense. Seller will transfer the landlord’s 1/3^rd share of the crop insurance to the Buyer at closing and Buyer will pay the landlord’s 1/3^rd share of the premium.

FSA INFORMATION: CROPLAND ACRES: 440.84

WASTE ACRES: 1.11±

BASE ACRES YIELDS

WHEAT 223.00 32

CORN 53.03 139

GRAIN SORGHUM 164.77 35

All future FSA farm program payments will follow the crops and will be paid pursuant to FSA regulations.

POSSESSION: Date of closing subject to any spring planted crops if purchased after the spring crops are planted, date of closing on the open acres and after harvest on the 2025 wheat.

MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer at closing.

REAL ESTATE TAXES: Taxes for 2024 will be the paid by the Seller. Taxes for 2025 will be prorated to the date of closing. (2024 Taxes = $854.99)