, Braman, OK - Kay County

160 +/- Acres – Braman. OK/South Haven, KS Area – Kay Co., OK

AUCTION

Thursday March 14, 2007 10:00 AM

Auction Location: The Comfort Inn at the Blackwell/Medford Exit (Exit #222) on I-35, 1204 N. 44th Street, Blackwell, OK. This 160+/- acres is ideally located about 60 minutes south of Wichita or 25 minutes south of Wellington and 15 minutes Northwest of Blackwell. From the Braman, OK Exit (exit #231) on I-35, approx. ½ mile west on Highway 177, then 3 miles north on 60th Street, and ½ mile west on Judo Road; or from South Haven, KS., 4 miles south on Highway 177 (1 mile south of the state line), then 1 ½ miles east on Judo Toad. According to the F.S.A., there are 108.5 acres of cropland with a 108.5 acre wheat base and 34 bushels per acre yield. Principal soil type of the cultivated land is Lela Clay-Class III, with a amount of Brewer silty clay loam-Class I. The balance of land is in grass and a full half mile of Shoo Fly Creek lined with timber providing live water and ideal wildlife cover. Improvements include an approximate 36 ft. x 45 ft. Morton farm building. The farm is situated on a good county road just a mile and half from the highway and provides an excellent opportunity to purchase productive land with wildlife/recreational opportunity in an area with plenty of investment potential. Contact the auction co. for any additional information. Legal Description: The Northwest Quarter (NW/4) of Section Twenty-four (24), Township Twenty-nine (29) North, Range Two (2) W.I.M., Kay County, OK. Crop: 1/3 of the crop sells w/ the land. Taxes: will be prorated. Possession: upon closing subject to the present ag. lease. Minerals: will be auctioned immediately following the auction of the surface. The minerals are currently non-producing. Terms: 10% down the day of auction w/ bal. due on del. of merchantable title. Announcements day of auction take precedence.