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Real Estate sells at 12:00 PM with vehicles and equipment following the Real Estate OPEN HOUSE: SATURDAY, APRIL 6, 2013 FROM 2:00 - 4:00PM AUCTION LOCATION: 355 ARROW RD., BURNS, KS 66840 TRACT 1: 40 Acres more or less-Cropland & Tame Grass Legal: SW/4 of NW/4 less R/W in Sec 24, Twp. 22, Rge. 5 East Chase Co. Ks. Taxes: $301.33 Sellers mineral rights transfer to Buyer, there are no mineral leases or production on the property. Desc: Tract 1 has cropland acres of 34.52 and Tame Grass acres in waterways of 3.90 Acres . Terrace and Waterways are in good condition. Ag acres 38.42. Fences are average to nonexistent along the county road. There are no improvements on this tract. There are no crops planted at this time. There is an ag lease in place. TRACT 2: 160 Acres more or less Native Grass & Cropland Legal: SW/4 less R/W in Sec 15, Twp. 22, Rge 5 Marion, Co, Ks.. Taxes: $884.00 Minerals: Sellers mineral rights transfer to Buyer, there is no mineral lease or mineral production on the property. Desc: Acreage: 83.37 Acres of Rolling Native Grass, 6.93 Acres of Tame Grass, 68.40 Acres of Cropland. Ag acres 158.7. Rolling Native Bluestem grass is on the western high side of the property. Fences are steel corners with steel posts & barb wire in above average condition. An Ag lease is in place on the property. TRACT 3: 150 Acres more or less Native Grass, Cropland, Tame Grass Legal: NW/4 less R/W and approx. 10 acres with home site located in Sec. 22, Twp. 22, Rge 5 Marion, Co. Ks. Taxes: $2,058.52 (This is tax amount for Tracts 3 & 4, they were not split off at time of printing.) Sellers mineral rights transfer to the buyer. There is no mineral lease or production on the property. Desc: Acreage: Approx. 84.49 acres of native bluestem grass, 3.80 acres of tame grass, 61.71 acres of cropland. Ag acres 147.16. The rolling hills of bluestem on each side of the valley makes for beautiful views of the cropland & timbered draw running through the property. Some of the lower ground was farmed at one time, but it is now in Bluestem. The pasture is not fenced. The big grass & timber draw makes for a great shelter for wildlife and for livestock. There is a well on the hill where a windmill used to pump. Some fence & water would put this grass ready for livestock. Good access from 3 county roads. The cropland is terraced and has waterways in place. There are no fences around the cropland. It is not planted at this time. This is a mixed property ready for some equity building. New fences & water sources would add to the livestock value while having great wildlife habitat. There is an ag lease in place on the cropland. TRACT 4: Home on 10 acres Legal: To be surveyed. Taxes: (listed on tract 3 for both tract 3 & 4) Sellers mineral rights transfer to the buyer. There are no mineral leases or mineral production on the property. Improvements: This 1 1/2 story wood frame home built in 1900, sits nestled on a timbered hillside overlooking the valley below. Total living area is 1420 sq.ft. There are 3 (possibly 4) bedrooms, updated bath. There is a Sigler propane stove and the home has window air conditioning. The home has vinyl siding, mostly updated windows, composition roof, private well with water softener & reverse osmosis. The septic system has a tank and a lagoon. Home is on crawl space with stand up area under part of the home. Wait until you see the 72'x54' Morton Machine/Shop building. The 10 acres has approx. 4.88 acres of cropland, the balance is native grass, improvements, & timbered hill. This tract will be surveyed by the sellers at their expense, only if it sells to a different buyer than buyer of tract 3. TERMS: Earnest Money Deposits payable evening of the auction: #1-$6,000.00 #2-$24,000.00 #3-$24,000.00 #4-$6,000.00 Tracts will each be offered and sold in the order listed. There will not be any combinations offered. The balance will be due on or before May 21, 2013. Title insurance shall be split between the buyer and the seller for the owner's policy. Hannaford Abstract and Title, Marion, Ks, will be escrow and closing agency. Taxes will be prorated on Tract 4 as to time of closing. Taxes for 2013 for Tract 1, 2, 3 will be the responsibility of the buyer. Buyer will receive the seller's lease proceeds for the remainder of the lease. FSA information was not available at time of printing. All information has been gathered from Chase and Marion County sources. It is reliable but not guaranteed. All financing for this auction must be arranged prior to the auction. The buyer must rely on their own judgments and on their own inspections of the property. All statements made day of auction take precedence over advertisements.