1280+- ACRES BUTLER COUNTY, KS RANCH

DATE & TIME: FRIDAY NOVEMBER 8, 2013 11:00 A.M.

LOCATION: El Dorado Civic Center, 201 E. Central, El Dorado, Kansas, 67042.

HIGHLIGHTS: 1280 Acre Butler County Kansas Flint Hills Ranch With Excellent Pasture, Blacktop Frontage, Improvements, and Cattle Working Facilities.

Property of The Delbert F. Shepler Trust.

Complimentary lunch provided by American AgCredit.

INVEST IN LAND!

TRACT 1
LAND DESCRIPTION: 320+- acres of excellent Flint Hills pasture with two ponds, excellent fence, cattle working facilities, 2 windmills, water wells, rural water, a ranch style home, and several utility buildings. This tract offers everything you could ask for in a working livestock headquarters.
IMPROVEMENTS: 3 bedroom 2 bath ranch style home with 1958 square feet of finished living area built in 1954. Other improvements include a 52' x 41' barn, a 50' x 26' metal building, a 50' x 36' quonset building, a 20' x 12' detached garage, and other miscellaneous utility buildings.
LEGAL DESCRIPTION: The West Half of Section 36, Township 28 South, Range 7 East of the 6th P.M., Butler County, Kansas.
2012 REAL ESTATE TAXES: $2046.34.
EARNEST MONEY: $50,000.

TRACT 2
PROPERTY DESCRIPTION: 640+- of Flint Hills pasture with blacktop frontage, 6 ponds, and a 60' x 40' farm utility building. This tract has excellent fence, cattle guard entrances, and great quality pasture. This is a rare opportunity to purchase a full section of pasture with great access.
LEGAL DESCRIPTION: All of Section 35, Township 28 South, Range 7 East of the 6th P.M., Butler County, Kansas.
2012 REAL ESTATE TAXES: $680.76.
EARNEST MONEY: $100,000.

TRACT 3
PROPERTY DESCRIPTION: 320+- acres of Flint Hills pasture with blacktop frontage, 2 ponds, excellent fence, a silo, a hand dug well with an antique pitcher pump, and an improved spring that did not go dry during our recent drought.
LEGAL DESCRIPTION: The South Half of Section 34, Township 28 South, Range 7 East of the 6th P.M., Butler County, Kansas.
2012 REAL ESTATE TAXES: $341.72.
EARNEST MONEY: $50,000.

TERMS: Possession of the pastures will be on or before December 31, 2013. The farm house is currently on a month to month rental agreement. Possession of the buildings on tract 1 will be on or before April 30, 2014. Showings can be scheduled by appointment. Cows are currently calving on this property, so please contact us for access to the pastures. Earnest money is specified above and due at the conclusion of the Auction. The balance will be due upon Sellers submission of merchantable title and closing. Closing date on or before December 9, 2013. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing. Interested buyers need to view the property prior to the date of the auction and have financing available prior to bidding. All announcements made the day of the auction take precedence over any printed material.

DIRECTIONS: This ranch is located 2 miles north of Latham, Ks on Stony Creek Rd. OR 8 miles east of Leon, Ks on HWY 400 to Stoney Creek Rd., then 7 miles south.