17001 1700 Road , Benedict, KS 66714(Wilson County)

• Two gas wells – 2009 total production: 26000 mcf

TRACT 2

• 335± Acres lying East of Crooked Creek

• Located in Northeast Quarter (NE/4) and Northeast Quarter of Southeast Quarter (NE/4 SE/4) all in Section 13, Township 28 South, Range 15 East, & West Half of Northeast Quarter (W/2 NE/4) and North Half of Southwest Quarter (N/2 SW/4), Section 13, Township 28 South, Range 16 East, Wilson County, KS

• Sub-Irrigated meadows/pasture

• Rocky bluffs

• Older improvements

• Stone barn

• Ponds, Springs coming out of rocky bluffs

• Cattle operation site with great hunting possibilities

• Two gas wells – 2009 total production: 8200 mcf

TRACT 3

• 15± Acre Home Site

• Surrounded on north, east and south by beautiful tree-covered rock bluffs

• Cave located directly behind house

• Ever-flowing springs provide water for home and outbuildings

• Improvements: 1720sf, 2 bedroom, 1 bath, ranch home built in 1953, spacious kitchen, separate living room/dining room, one car attached garage; AND, 23’ x 45’ detached concrete garage with living quarters

EARNEST DEPOSIT: 10% Earnest Deposit is required on each tract and due day of Auction

POSSESSION: Possession shall be at closing on or before June 11, 2010.

SURVEY: If property sells as more than one tract, a survey will be performed to determine legal descriptions. The cost of the survey will be shared equally between Seller and Purchaser(s). The need for a survey shall be the sole determination of the Seller.

MINERALS: Gas production is present on Tracts 1 and 2. Seller reserves one-half mineral production for a period of 15 years from July 1, 2010.

TAXES: Seller shall pay 2009 taxes and prior years. Purchaser shall pay 2010 taxes. 2009 taxes were $1,455.90 (all tracts).

TITLE INSURANCE/CLOSING FEE: Costs of title insurance and closing fee shall be shared equally between Seller and Purchaser.

LEE & BEVERLY MARKHAM, Seller

Auction #10022

AUCTIONEER NOTE: Looking for a cattle operation? Hunting paradise? Cave? Springs? Rocky bluffs? Then this property has it all. Sellers are retiring from ranching and moving to Independence, Kansas. Don’t miss this great opportunity to own “one of the prettiest places in the country.”