Legal Description: The Southwest Quarter (SW/4) of Section Twenty-Four (24), Township Eight (8) South, Range Twenty (20) West of the 6^th P.M. Rooks County, Kansas being 160 acres more of less.

General Description: This tract of land has 23.23 acres of CRP, 38.37 acres of pasture with excellent fence and the balance of 94.1 acres is cropland. 2009 Taxes Were - $446.90

Terms: 20% down day of sale with the balance to be paid at closing.

Possession: Buyer shall be given possession of all the CRP immediate upon closing. Possession of the pasture shall be March 1, 2011. Possession of the cultivated acres will be March 1, 2011 unless there is a fall seeded crop in which instance possession of said cultivated acres will be immediately following the 2011 wheat harvest. Note: If the tenant does plant wheat this fall it will be on 1/3^{rd -} 2/3^rd split and the land owner will be required to pay 1/3^rd fertilizer and chemical operations concerning said crop.

Minerals: Seller shall convey 100% of the seller(s) mineral interest to the buyer

Growing Crops: Buyer shall receive an undivided one-third (1/3^rd) of the 94.1 acres of growing wheat. Buyer will be required to pay the land owners one-third for any chemical or topdressing applications made from the date of the auction.

Title Insurance: Title insurance shall be used to prove clear & merchantable title with the Buyer & Seller sharing equally the owner’s policy expense. The mortgage policy, if required, will be the expense of the buyer.

Taxes & FSA & CRP Pmts. The 2009 and prior years taxes will be paid in full by the sellers. 2010 Taxes will be prorated to date of closing. All subsequent years taxes will be the responsibility of the buyer. Seller shall convey to buyer all land owners share of the FSA payments that may be payable from the date of this sale and Sellers will convey to Buyer 100% of all 2010 and subsequent years CRP payments. CRP contract expires Sept. 30, 2012 and payment is $30.40 per acre for a total of $702.00 annual payment.

Conditions: All acreages are considered to be approximate and are deemed to be from reliable county & FSA sources. Buyers are encouraged to verify details and view properties prior to the auction. Announcements made day of sale shall take precedence over printed material. This auction sale is not contingent upon the purchaser's ability to finance the purchase. Consult your loan agency prior to the auction.