Tract Legal Description: S25, T31, R19, ACRES 630+/-, All of Section LESS RD R/W, Comanche Co, Kansas Owner: Proctor Family Trust
Minerals: Minerals Convey to the new owner. 0.1875 Royalty Interest in Producing minerals from Section 25 and Mineral Rights to the neighboring section in the N2 and SW4 of S26, T31, R19. 2024 Income $4,444.57
CRP: All 2024 and prior year CRP Payments remain with the Seller. 2025 Payment passes to the Buyer. Buyer must comply with all CRP Rules and Regulations. The Buyer shall assume full responsibility for the CRP contract at closing and shall have the CRP contract transferred into the Buyers name within 30 calendar days after closing. 297.87 Acres at $39.84. $11,868.00 each year. The Contract 2677 term is from 10-01-2021 to 09-30-2031.
Kansas Walk-In Hunting Contract: $3,200.00 per year, expiring May 31, 2026.
Earnest Money: $25,000.00 on the day of the sale, balance in Certified Funds on the Day of Closing. Title Insurance & Escrow Agent Closing Fee: 50% Buyer, 50% Seller; Meade County Title Co, Inc is the title company; Taxes: 2024 and prior years paid by the seller. The 2025 taxes are to be paid by the Buyer. Closing and Possession: On or Before May 30, 2025. The buyer will receive all MCF and/or all BBLS sold beginning June 1, 2025. The sellers receive all sales before closing.
The land sale is not subject to financing or appraisal.
Located From the intersection of US Highway 160 and US Highway 183, north of Coldwater, go North 2 miles on US Highway 183 to Avenue F. The property begins in the NW corner of the intersection.