BROWN COUNTY
FARM REAL ESTATE AUCTION
Wed. December 14, 2011 at 2:30 PM
Auction Location: Country Cabin, 2534 Kestrel Rd, Hiawatha KS
Click here for map.

Tract #1-11.89 AC m/l with home & buildings at 2671 Kestrel Rd., Hiawatha, KS  (1 mi. No. of Country Cabin or 2 miles So. Of Padonia Elevator on blacktop.

Hiawatha Schools, On Rural Water Dist. #1, 500 gal. propane tank will stay, An old well located on property.  One family owner since the 1930’s.  The home has not been lived in for several years & needs a lot of updating before it is liveable.  Buying home & buildings in their “AS-IS” condition, without any warranties from the Seller or Auction Co.  This tract of land with it’s location would be a great building site. This tract has been recently surveyed. Any & all inspections deemed necessary by Buyer, including but not limited to lead based paint, since home was built prior to 1978, should be conducted prior to auction.

OPEN HOUSE:  Sun., Dec. 4 from 1-2 p.m

Tract #2-Is the balance of farm ground, brome & filterstrips (appr. 148 AC +/-) Bottom farm ground, terraced brome & filterstrips.  Draws, Brome & trees for hunting. Scenic views & wildlife.

Filterstrip Contract #392B is in effect until 9-30-14 for 11.6 AC=annual pymt of $1370.00.  DCP cropland is 105.5 AC

TERMS:  Cost of Title insurance & closing fee split ½ & ½ between Seller & Buyer on both Tracts

Day of Auction, $10,000 down, non-refundable on Tract #1 & $50,000 down, non-refundable on Tract #2.  No contingencies, must have financing in order prior to the day of auction.

2011 taxes:  $1931.96 for total for Tract #1 &#2 combined.  All 2011 taxes paid by Seller & all of 2012 to be paid by Buyer

Closing to be held at Finley, Miller & Cashman, Hiawatha, KS, on or before Jan. 31, 2012, or when merchantable title can be given.

Mineral Rights to pass to Buyer.

To Sell with owner confirmation.

United Country Pagel, Inc. Realty & Auction is representing the Seller

All announcements day of auction take precedence over printed material

JACK SCHOCK TRUST

Jane Ploeger, Trustee, Hiawatha Kansas