E/2 of NW/4 and Lots (1) and (2) of 7-19N-7, Hennessey, OK 73742 - Kingfisher County

160 ACRES * KINGFISHER COUNTY, OK

HENNESSEY AREA * MINERALS * WATER RIGHTS

ABSOLUTE AUCTION

NO MINIMUMS * NO RESERVES

MONDAY JUNE 3, 2013 10:00AM

AUCTION LOCATION: On Site! From Hwy 81 & 51 in Hennessey, OK. Go 5.5 miles west on Hwy 51, then 1.5 miles north.

This tract consists of approximately 160 acres more or less. According to the county F.S.A. office there is 124.6 DCP acres with a 123.8 acre wheat base and a 31 bushel yield. The balance is in timber and native grassland. Access to the property is by good county road. Principal soil types are: Lovedale Fine Sandy Loam, class II & III, with some Dougherty-Eufaula complex, class III & VI. Land offers an older set of improvements including a hay barn, lean too, loafing shed and a water well. Property also offers great opportunity for Deer and Turkey hunting. Remember surface and all water rights will sell together and Absolute to the highest bidder!! Be sure to view this property!

Legal Description: E/2 of NW/4 and Lots (1) and (2) of 7-19N-7 W.I.M. Kingfisher County, OK.

Taxes: $370.30

Viewing: Please view during daylight hours and do not drive on wheat crop. Close any gates behind you!

Possession: will be given after the harvest of the existing crop or July 15,2013 whichever comes first.

Minerals: Sellers believe they own 50% of the minerals and are in the process of checking record to determine exact ownership. Minerals will be offered separately from the land. Minerals only will be sold subject to Sellers confirmation!

Internet Bidding: will be available by logging on to the Lippard Auctions website to register at least 48 hours prior to auction date. Neither the Auction Company nor the Sellers is responsible in the event of loss of signal by either side.

Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All information is taken from sources believed reliable; however, no guarantee is being made by the Auction Company or the Sellers. Buyers should have financing in place and make any inspections prior to bidding. Any announcements made the day of the auction supersede all advertising.

SELLER: Van Meter Family