CLOUD COUNTY LAND AUCTION DATE: Friday July 12th 2024 LOCATION: Trapper Joe's 304 S Elkhorn St, Simpson, KS 67478 TIME: 1:30PM LEGAL: A tract in the Southwest Quarter (SW4) of Section Eight (S8), Township Seven South (S7S), Range Four West (R4W) all of Cloud County Kansas. This tract will be subject to a new survey and shall contain 128 (+/-) Acres. New survey will be made available as soon as we have it. TOTAL ACRES: 128 (+/-) total acres: There are currently 40 acres of alfalfa with the remainder of the acreage planted to corn. BUYER POSEESSION & CROP SHARE: Current seller & tenant are in a 60/40 crop share lease agreement for the year 2024. New buyer will receive sellers crop share for 2024. New buyer will receive full possession after the 2024 corn harvest or December 1st 2024 whichever may come first. WIND ENERGY POTENTIAL: This property is currently in a lease development period with ENEL wind energy company. Possibility for extra income off this property is strong. CURRENT TAXES: Seller shall pay the taxes for the year 2023 & all prior years. Buyer shall pay the taxes for the year 2024 & all succeeding years. Current taxes are $2,909.60. This tract is in the process of getting a new survey to split the home and grass acres off. The current taxes will change after survey is complete. 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 LLC., 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. SELLER: Billy L. & Karen Spear