LAND AUCTION

311.9+/- Acres Reno County Ground

UNRESERVED AUCTION

Tuesday, April 20^th, 2010 – 10:00 AM

Old Lumber Yard  •  100 W Main Street

Pretty Prairie, KS

TRACT 1:  155.7+/- Acres

Legal Description: The SW ¼ of Section 17-T25S-R6W Reno County KS, containing 155.7+/- Acres

Land Location:  10 miles South of Hutchinson on Hwy 17, 4 miles West on Castleton Rd to Whiteside Rd.  Property is at NE corner of this Intersection.

General Description: According to the FSA, all but 16+/- acres of this ¼ are prime farm ground. Easy to reach and easier to farm piece of ground with great production ratings on a paved road 10 minutes from Hutchinson, Ks. and 45 minutes NW of Wichita. This ground is in wheat right now and possession will be given immediately after harvest.

Rights:  All Sellers mineral & water rights will pass to the Buyer.

2009 Taxes:  $1,027.34 Owner is paying all taxes for 2010 on both 1/4s.

FSA Payment:  $1,786.00

TRACT 2:  156.2+/- Acres

Legal Description: The NW ¼ of Section 30-T25S-R6W Reno County KS, containing 156.2+/- Acres

Land Location:  10 miles South of Hutchinson on Hwy 17, 4 miles West on Castleton Rd to Whiteside Rd, 1 mile West on Pleasant Valley Rd.  Property is at SE corner of this Intersection.

General Description: This ¼ has it all! FSA information indicates that all but 14 Acres of this ¼ are prime farm ground. The Eastern 2/3rds of this ¼ is tilled farm ground with the center 1/3 North to South currently planted in wheat of which possession will be given immediately after harvest, on the remainder of the ¼ possession will be given immediately on closing. The Eastern 1/3 is unplanted tillable ground and the Western 1/3 is nice pasture ground, with good fence, and a spring fed creek that the owner says “Has never been dry in the 40 years I have owned it. The creek and trees make this a great deer and turkey hunting area.

Rights:  All Sellers mineral & water rights will pass to the Buyer.

2009 Taxes:  $796.46 Owner is paying all taxes for 2010 on both 1/4s.

FSA Payment:  $1,314.00

Jeff & Vivian Stucky, Owners

For more information contact listing agent

Terry Stithem 1-785-643-0800

Terms:  The successful buyer will be required to enter into a written purchase agreement with a 10% down payment the day of the auction.  The balance will be due at closing on or before May 20^th, 2010.  Possession will be on date of closing with the exception of the planted wheat.  Seller will provide marketable title to the buyer evidence by a policy of title insurance.  Cost of title insurance will be divided equally between seller and buyer.  Seller is responsible for 2009 and 2010 taxes.  Property will not be sold subject to financing.  Please have all financial arrangements made prior to the auction.  All announcements on day of auction will take precedence over anything written or implied.  Stock Realty & Auction co. is working for the seller. Information was obtained from sources deemed reliable, but Broker makes no guarantees as to accuracy. All prospective buyers urged to fully inspect property and rely on their own conclusions.