Tuesday October 3 Real Estate Auction

REAL ESTATE AUCTION

TUESDAY, OCTOBER 3, 2017

7:00 P.M.

Auction will be held at NCK Technical College in Severance Student Union conference room Beloit, Ks.

 Legal Description:  E ½ SW ¼ & W ½ SE ¼ 20-7-7 Mitchell Co. Kansas

The farm is located 1 ½ miles South of Beloit, Kansas on Highway 14 to Tipton Road on top of the hill then ¼  mile West on blacktop.  There are 156.89 acres with 135.28 acres of crop land and 21.61 acres creek & wildlife.  Bases are wheat 69.7 yield 41: grain sorghum 8.52 yield 119; beans 50.68 yield 33; corn 6.01 yield 93: for a total base of 134.92 acres. The milo is in PLC, corn, bean & wheat ARC. 

Seller will pay 2017 and all prior years taxes. Purchaser will pay 2018 taxes.  2016 taxes were $1,919.88.

Possession: Possession of open ground will be immediate, the purchaser will pay Dale Konzem for discing ground. Possession of ground planted to beans will be after 2017 bean harvest.  Seller will retain landlord’s share of bean ground rent.

Terms:  10% of purchase price as down payment day of auction, the balance will be due upon closing on or before November 15, 2017.  Down payment will be escrowed with NCK Title.  Escrow fees will be split 50/50 between seller & purchaser. Title insurance will be used, the cost will be split 50/50 between seller & purchaser.  

Thummel Real Estate & Auction LLC is acting as seller agent.  All statements made day of auction take precedence over printed material.

JOE & CARMEN KONZEM

Auction Conducted By

Thummel Real Estate & Auction LLC

785-738-0067