Auction

560 Acres Finney Co., Ks. Irrigated Farmland

Wednesday - February 29, 2012 @ 2:00 p.m.

Auction will be held @ The Clarion Inn - 1911 East Kansas Ave. - Garden City, Ks.

Land located 14 Miles South of Garden City, Ks.(or 2 miles North of Haskell/Finney Co. Line or 3 miles South of Plymell School) to Craft Rd. Then 2 1/2 miles West

Tract 1: Consists of Total 400 Acres w/ 306.8 Cropland Acres & 93.2 Acres in grass & homesite

Legals: Northwest Quarter (NW/4) Sec. Twenty-seven (27) Township Twenty-six (26), Range Thirty-three (33);

Southwest Quarter (SW/4) Section Twenty-two (22), Township Twenty-six (26) Range Thirty-three (33)

& 80 Acres in South Half (S/2) of Northwest Quarter (NW/4) Section Twenty-two (22)

Township Twenty-six (26) Range Thirty-three (33) All in Finney County, Ks.

FSA Information: 396.4 Farmland Acres; 306.8 Cropland & DCP Cropland Acres;

w/ a 193.2 Base Wheat Acres w/ 46 bu. yield; 63.6 Base Grain Sorghum Acres

w/ 87 bu. yield; 43 Base Corn Acres w/ 121 bu. yield; 6.7 base Soybean Acres

w/ 32 bu. yield.

Irrigation Info.: 1 Irrigation Well. Water Right #'s 42771 & 35902.

Combined Rate & Quantity 520 AF/YR @ 1180 gpm. Field Insp.

Test Aug. 11, 2000 was 1179 gpm. (Will have current test prior to Auction)

Well drilled in "85 (Henkle Drilling) Well Depth 478'. Pump set @ 320'.

Well & Pump reworked in 2006 & set @ 385' + Pump.

(2) 8 Tower Zimmatic Sprinklers, Roundolph 125 hp Gearhead, 496 Chevy Motor

Homesite: 100' x 55' AGRA Steel Building w/ cement floor.

2 wood frame Buildings. Good Domestic well.

Taxes: 2011 Taxes were $ 2,666.51. All 2011 taxes paid by Seller.

2012 Taxes will be prorated to date of closing

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Tract 2: Southwest Quarter (SW/4) Section Twenty-one (21)

Township Twenty-six (26) Range Thirty-three (33)

all in Finney County, Ks.

FSA Information: 157.5 Farmland Acres; 157.5 Cropland & DCP Cropland Acres; w/ 99 Base Wheat Acres w/ 46 bu. yield; 23 Base Corn Acres w/ 121 bu. yield; 32.1 Base Grain Sorghum Acres w/ 88 bu. yield; 3.3 Base Soybean Acres w/ 32 bu. yield.

Irrigation Info.: 1 Irrigation Well. Water Right # 7517. Authorized 129 AF/Yr. Well Depth 412' Pump set @ 250'. Well was reworked 2004

Hygromatic Ele. Sprinkler; Roundolph 125 hp Gear Head; 350 Chevy Motor

Taxes: 2011 Taxes were $970.34. All 2011 taxes paid by the Seller. 2012 Taxes will be prorated to date of closing.

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Minerals: No minerals sell with either tract - Possession: Will be at closing on or before March 29, 2012

Terms: 10% down on day of auction. Balance on or before March 29, 2012. Title Insurance Escrow fees will be split

50/50 between buyer & seller.

Any announcements made day of the auction shall take precedence over any advertising. All information is believed to be correct,

however no warranty as to this information is given by the auction firm or sellers. Each prospective buyer is advised to satisfy themselves as to the acreage, condition, boundaries, easements, right-of-ways, production or any other information. Property sells as is no warranties expressed or implied. Auction firm represents the Sellers. Good title is warranted.