1704 NW 36th St Newton, KS 67114

Listing details for 1704 NW 36th St, Newton, KS 67114 : AUCTION! NOVEMBER 16TH @ 10:30AM - CROSSWIND CONFERENCE CENTER. 2013 TAXES WILL BE PAID BY SELLER. SOLD SUBJECT TO TENANT RIGHTS. ALL CROPS & PAYMENTS OF 2013 WILL BE RETAINED BY SELLER & TENANT. SELLER TO PAY 1/3 OF FERTILIZER APPLIED ON 2013 FALL PLANTED CROPS WITH BUYER TO PAY 1/3 OF ANY ADDITIONAL FERTILIZER APPLIED AFTER CLOSING. BUYER TO RECEIVE 1/3 OF 2014 WHEAT CROP. BUYER GETS POSSESSION AT CLOSING SUBJECT TO THE EXISTING VERBAL SHARECROP LEASE. NO WETLANDS OR HEL. TERMS & CONDITIONS: CASH, WITH 10% NON-REFUNDABLE DOWN PAYMENT AS EARNEST MONEY. BALANCE IS DUE AT CLOSING ON OR BEFORE DECEMBER 27, 2013. TITLE INSURANCE & CLOSING FEES TO BE SPLIT 50/50. PROPERTY IS BEING SOLD "AS IS" IN PRESENT CONDITION SUBJECT TO ANY & ALL EASEMENTS & RESTRICTIONS OF RECORD. STATEMENTS MADE DAY OF AUCTION TAKE PRECEDENCE OVER PRINTED MATTER, ADVERTISEMENTS OR PREVIOUS STATEMENTS. BUYERS SHOULD HAVE ALL INSPECTIONS MADE PRIOR TO AUCTION. THIS PROPERTY HAS A TOWER LEASE AGREEMENT WITH M & P RENTALS PARTNERSHIP ORIGINALLY ESTABLISHED APRIL 30, 1997 AND ENDING MAY 1, 2072. LEASE RENTAL IS ADJUSTED EVERY 84 MONTHS BASED ON "CONSUMER PRICE INDEX-URBAN". PRESENT PAYMENT IS $225 PER MONTH. HESSTON UNIFIED SCHOOL DISTRICT #460 HAS A 10 YEAR LEASE ESTABLISHED AUGUST 2009 WITH 10YEAR OPTION TO RENEW; THE 2013 PAYMENT OF $540 TO BE RETAINED BY SELLER. CROPLAND: 8.07 ACRES. BASE ACRES: WHEAT 8.1 ACRES-DIRECT YIELD 33 Bu.