Property from 00000 S Oliver - KW

ONLINE ONLY AUCTION! LEGAL: S25, T34, R01E, ACRES 156.4, NW4 LESS BEG 1438'S & 30'E NW COR TH E170’, S600’, W170’, N600' TO POB & LESS ROW DIRECTIONS From South Haven: 7 miles East on Hwy 166 to Oliver Rd, 1 mile north on Oliver to property. West side of the property has access from blacktop road. TOTAL FARMLAND ACRES(per FSA): 155.61 CRP ACRES: 23.87 FSA BASES/YEILDS: 125.30 Acre Wheat Base, 35 PLC Yield 1.12 Acre Grain Sorghum Base, 32 PLC Yield There are 3 current CRP Contracts. The first is for 14.89 acres until 9/30/2026 at $55.06 per acre. The second is for 6.66 acres until 9/30/2031 at $70.49 per acre. The third is for 2.92 acres until 9/30/2032 at $61.50 per acre. Buyer shall succeed and maintain the CRP contract for the duration of the contract and be in compliance with FSA guidelines. Any compliance issues or terminations as well as expenses or fees will be the responsibility of the new buyer. 2023 Taxes: $950.54 TERMS & CONDITIONS POSSESSION: Subject to current tenant lease with HD Wolf Farms Inc. Tenant will vacate following the 2025 wheat harvest. CROP SHARE: 1/3 share of 2025 wheat crop along with landowners share of expenses will transfer to the new buyer. TAXES: Prorated to date of closing MINERALS: All known Seller owned minerals shall be conveyed to Buyer. EARNEST DEPOSIT: $10,000 non-refundable deposit due within 24 hrs of auction end. CLOSING: On or before August 28, 2024 Sells subject to seller confirmation