312 Acres CRP expires in 2013. Annual payment $11,388.00/yr. CRP payment for 2009 will be prorated.
POSSESSION
On Day of Closing.
MINERALS
Seller owns all of the oil, gas and other mineral rights and seller will reserve an undivided one-half of mineral production royalty only for a period of 15 years or so long as there is production in Commercial quantities. The Buyer will receive all mineral lease fees and delayed rentals together with an undivided 1/2 of production royalty, if any should be developed.
IMPROVEMENTS
None
SOILS
The soils are Rago silt loam and Platner laom with some fine sandy loam areas.
TOPOGRAPHY
Gently rolling.
PRICE
$220,000.00
TERMS
Cash or new loan.
R.E. TAXES
$522.72 (2008)
NOTICE TO PROSPECTIVE PURCHASERS: The information contained herein is deemed to come from reliable sources and we have no reason to doubt its accuracy, however, this information is not guaranteed nor warranted. Goodman Realty Co., Inc. and the seller assume no responsibility for the accuracy, omissions, corrections, withdrawals or prior sales. The Prospective Purchaser should verify all information contained herein. Goodman Realty Co., Inc. and its broker associates are acting as a Transaction Broker in the sale of this property.
