SELLER:
Heirs of Anna Olney and Sarah Alice Mallon
SELLING AGENT:
Joe Biggs & Associates, Inc.
1875 19th Road NE
Waverly, Kansas 66871
(785) 733-2893 Business, (888) 245-2893 Toll free

(620) 343-0670 Cell, www.joebiggsandassociates.net

DATE:  Tuesday, May 27, 2008 at 7:30 P..M. at the New Strawn Community Building in New Strawn, Kansas.

LEGAL DESCRIPTION:   The South Half of the Southeast Quarter of Section 23, Township 20 South, Range 16 East of the 6th. P.M., Coffey County, Kansas--80 acres more or less.

TYPE OF PROPERTY:  This property consists of approximately 45 acres of tillable land with the balance in hay meadow and timber.  The parcel has rural water available with a 1/4 mile of Blacktop Frontage on the East side and 1/2 mile of gravel on the south side.  GOOD LOCATION--GOOD ACCESS--GOOD SCHOOLS!!

LOCATION OF THE PROPERTY:  This tract is located 6 3/4 miles south of Waverly, Kansas on Trefoil Road which is a maintained well kept Blacktop Road.  Trefoil Road is on the East side of the property and 18th Road is on the South side of the property--Watch for the signs.
 
AUCTIONEER'S REMARKS:  This is an Estate Sale and offers a versatile tract of land with excellent location.  The property is over 50% tillable with the balance in Hay meadow and a minimum of timber.  Rural Water is available and Blacktop frontage--excellent building site potential.  COME TO THE SALE--WE APPRECIATE YOU BEING THERE.

ANNOUNCEMENTS:

To obtain more information or make arrangements to view the property please call the selling agent at the listed phone numbers. All announcements the day of the sale take precedence over all previous printed material or advertising. Joe Biggs and Associates,Inc. is the agent for the Seller in this transaction and does not represent the Buyer. All information is obtained from sources deemed to reliable but are not guaranteed by the Seller or the Selling Agent. This sale is not subject to the Buyer obtaining financing. All financial arrangements should be made prior to the sale. The Sellers and the Selling Agent are not responsible in case of accidents.



TERMS: Seller requires 20% earnest money payable on the day of the sale with the balance due in full at the time of closing—approximately 30 days.

CONDITIONS
: This sale is subject to all easements, restrictions, covenants, leases and zoning regulations of record.

MERCHANTABLE TITLE
: The Seller agrees to furnish a Title Insurance Policy for the amount of the purchase price with the costs split equally between the Buyers and the Sellers.

POSSESSION
: The Buyer will receive full possession of the property subject to the tenant's lease.  The Buyer will receive 1/3 of the growing crops and pay 1/3 of the expenses.  The grass is cash rent.  It will be the Buyer's responsibility to terminate the lease.

MINERALS
: All the Seller's mineral interests transfer with the Real Estate at the time of closing.

TAXES
: The Seller will pay the 2007 taxes. The Buyer will pay the 2008 taxes.  There will be no pro-ration of taxes.