2972 Pixley Road, Ralston, OK 74650 - Osage County

1,599+/- Total Acres - 624+/- Acres Contiguous Cropland - 975+/- Acres Grassland & 7 Ponds

Arkansas River Frontage - Outstanding Farm/Ranch/Hunting/Recreational Land

Rock Home & Acreage w/ Machine Shed, Grain Storage & Barn - Brick Home & Acreage

Ralston Area, Osage County, Oklahoma

AUCTION

Thursday - May 26, 2016 - 10:00 a.m.

Auction Location: 2972 Pixley Road, Ralston, OK (Tract #7- Rock Home)- From US 177 & US 60 Junction in Ponca City, OK, 7.2 miles east on US 60 to 9 Mile Road, 4.8 miles south on 9 Mile Road, then east on 80 Road, continue following blacktop road southeast then south (road name changes to CR 6301), turn west on Pixley Road a/d/a CR 6210 for 3 miles, location is on north side of road OR from Highway 15 & 18 Junction (north of Pawnee, OK), 7 miles north on Highway 18, then west on CR 350 for approximately 2.5 miles (cross river bridge), continue north 3.5 miles on CR 6301 (blacktop), then west on Pixley Road a/d/a CR 6210 for 3 miles, location is on north side of road.

Real Estate Sells at 10:00 a.m.

The Wiehle family land offers outstanding farm, wildlife & ranch land with over a mile of Arkansas River frontage, and 2 homes &/or recreational lodges on all weather access, rock roads. Known as one of the largest tracts of contiguous cropland in Osage County, the 624 +/- acres of highly productive cropland offers great investment opportunity with additional growth potential. Irrigation is present mile west and along the Arkansas River. According to the Osage County F.S.A., there are 624.03 acres of cropland with a 621.7 acre wheat base and PLC yield of 33 bushel/acre; and a 91 acre soybean base and PLC yield of 23 bushel/acre. Principle soil types of the cropland are Braman silt loam, Class I & II and Ustibuck silty clay loam, Class III. The balance of the land is in native grass pasture; hay meadows (some improved Bermuda); native hills and timber; plum thickets; ponds; and draws, providing livestock grazing/shelter and wildlife habitat. Wildlife prominent in the area include: White-tailed deer; Rio Grande turkey; Mourning dove; waterfowl; small game; and predators. Situated on the land are 2 homes & acreages that would serve nicely as ranch homes or recreational lodges.

Brick Home & 3 +/- Acres: According to the Osage County Assessor, this brick home has 3,132 square feet of living area, comprised of 4 bedrooms, 3 baths, 2 living areas, a formal dining area, an attached 2 car garage, and central heat & air. The home features a spacious kitchen with brick arch over the cooktop, a large pantry, wood burning fireplace, spacious bedrooms (one w/jet tub), large closets & great storage, and separate utility with attached bath/mud room. Improvements on the acreage include an in-ground pool, surrounded by chain linked fence, and a fenced yard with apple and pear trees. Picture perfect views of the cropland, river, ranch land, & a pond frame this attractive acreage.

Rock Home & 5.79 +/- Acres: According to the Osage County Assessor, this rock home has 2,356 square feet of living area, comprised of 3 bedrooms, 2 baths, a spacious kitchen, large living room with rock fireplace w/blower, separate utility, an attached carport, and central heat & air. The home offers updated flooring and windows, 10 ceilings, a screened front porch, and a dining area that overlooks the scenic cropland. Other improvements include a recently built approx. 50 x 80 shop/machine shed with concrete flooring, insulation, 110/220 electricity and automatic overhead doors; an approx. 40 x 80 barn w/20 lean-to and tack room; a set of corrals; and 5 grain storage bins.

For the farmer/rancher, a great opportunity to expand farming & livestock operation. For the sportsman, memorable hunting trips and new experiences. For the investor, good growth potential with ag/hunting lease return.

Order of Auction: Tracts #1-#5 will be offered separately, then together in a multi-parcel format. Tracts #6 & #7 will be offered individually only. Auction company expressly reserves the right to re-open bidding on each tract until such time as all bidding has ceased. Tract #1 (675 +/- Acres including Accretion and Riparian Rights thereto): 624 +/- acres of cropland with balance in native grass pasture, timber and accretion and riparian rights along and to the Arkansas River Legal: tract in 19 & 20-24N-4E, N. of Pixley Rd. | Tract #2 (145 +/- Acres): native grass pasture, timber & 2 ponds Legal: tract in 20-24N-4E, N. of Pixley Rd. | Tract #3: Brick home & 3 +/- acres Legal: tract in 20-24N-4E | Tract #4 (265 +/- Acres): native grass pasture, timber & pond Legal: tract in 19 & 20-24N-4E, S. of Pixley Rd. | Tract #5 (160 +/- Acres): native grass pasture, timber & pond Legal: SW/4 21-24N-4E | Tract #6 (320 +/- Acres): native & improved Bermuda grass pasture, timber & 3 ponds Legal: tract in 28-24N4E | Tract #7: Rock home, machine shed, grain storage, barn & 5.79 +/- acres Legal: tract in 20-24N-4E

General Statements

2015 Taxes: were approx. as follows: Tracts #1-4: $3,042.00, without homestead exemption; Tract #5: $78.00; Tract #6: $165.00; Tract #7: $1,452.00, without homestead exemption. 2016 Taxes: will be prorated on the basis of estimates to be provided by the Osage County Assessor. Possession: Possession of the cropland will be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2016 corn crop or January 1, 2017, whichever is later. Possession of the grassland will be given upon payment in full of the purchase price and transfer of title, at closing, subject to the existing lease which expires on October 1, 2016. Possession of the homes and acreages will be given upon payment in full of the purchase price & transfer of title, at closing. Minerals: No minerals are being sold or transferred. Crop: Does not sell. Terms: A 2% Buyers Premium will be added to the high bid in the auction to determine the purchase price. 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, size, condition, etc. prior to auction day. Announcements made the day of the auction take precedence.

Seller: The Wiehle Family