Land Auction 9 Tracts for Sale. February 26, 2015 @ 7:00 p.m. Golden Wheel Senior Center, 114 S. Concord Minneapolis, KS. Tract 7: Legal Description: S/2NW/4 33-9-3, Ottawa County, KS located along US Hwy 81 1/4 mile South of Sunset Road (East side of US Hwy 81) – 77 acres m/l, 67 acres tillable, balance waterways and timber. – Tract 7 has all tillable acres in wheat that will go to the Buyer and Buyer to reimburse Wilkins Family Farms LLC $7789.47 at closing for the input costs at closing. – 78.02 taxable acres 2014 Taxes: $868.80 Possession: Possession on all tracts will be at closing. Mineral and Water Intrests: All mineral and water interests owned by the Seller will transfer with the property. Terms: The highest bidder on each tract will pay 10% down the day of the sale and sign a real estate purchase contract. The balance will be due with certified funds on March 27, 2015, or on such earlier date as the Buyer and Seller mutually agree. This sale is not contingent on financing, inspections, or appraisal. Taxes: The Seller will be responsible for all 2014 taxes and prior years with the Buyer responsible for all 2015 taxes. Title Insurance and Escrow fees will be divided equally between the Buyer and Seller. Scheibeler’s LLC will be the Escrow Agent. If a Lender’s Title Insurance policy is required it is the Buyer’s expense. All statements made the day of the sale take precedence over all printed material. Acreages are approximate as given by the U.S. Government survey, the local FSA office, and the Ottawa and Lincoln County Appraiser’s Offices. There is no acreage guarantee given by the FSA office, the Ottawa and Lincoln County Appraiser’s Offices or Coldwell Banker Antrim Piper Wenger REALTORS or its agents. All information is from sources deemed reliable but is not guaranteed. All property sells “AS-IS” with no guarantees or warranties made by the Seller or Coldwell Banker Antrim Piper Wenger or its agents. The Buyer is responsible for satisfying themselves with the property and conducting any inspections of the property prior to the auction. Chris Rost and Mark Baxa are acting as a Designated Seller’s Agents in these transactions with the Supervising Broker acting as a Transaction Broker. The Seller reserves the right to accept or reject the final bid on each tract.
The approximate monthly Principal & Interest payment for this property would be $0. This payment is based on a 30-year loan at a fixed rate of 4.54 % with a down payment of $0. Actual lender interest rates and loan programs may vary.
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