2 miles west of Hennessey on SH 51, then mile south, Hennessey, OK 73742 - Kingfisher County

160 +/- Acres * Highly Productive Sm. Grain/Livestock Farm w/ Hunting Potential * Sm. Pond * Home Site * Hennessey Area, Kingfisher Co., OK

AUCTION

Friday September 27, 2013 10:00 a.m.

Auction Location: The Hennessey Event Center, 120 S. Main St., Hennessey, OK (next door S. of Turkey Creek Mercantile)

This land is conveniently located 2 miles west of Hennessey on SH 51, then mile south on good county roads and is within minutes of the Turkey Creek Gulf Course. According to the Kingfisher County FSA there are 95.2 acres of cropland (of which 58.12 acres is currently enrolled in C.R.P. with an annual C.R.P. payment of $2,615.00), a 37.1 acre wheat base and a 30 bushel per acre yield. Principle soil types of the cultivated land are mostly Lovedale fine sandy loam, Class II with a smaller amount of Lovedale fine sandy loam, Class III. The balance of the land is in good Bermuda, blue stem and native grass pasture with about 5 acres of moderate to thick trees and plenty of scattered trees and a small pond providing excellent wildlife habitat and shelter for livestock. In addition, there is electricity, water well and windmill and some cross fencing. Be sure to take a look! 12 Taxes: were approx. $291.00. The 2013 taxes will be prorated to the day of closing. Legal Description: SE/4 of 21-19-7 W.I.M., Kingfisher Co., OK. Crop: Does not sell. Minerals: Do not sell. Possession: Possession of the cropland will be given upon signing the purchase contract and acceptance of the escrow deposit for only the purpose of tilling the soil as is necessary for conserving moisture and for preparing for and for planting a wheat crop. If for any reason this agreement does not close, the Seller shall pay the Buyer the customary rate as recommended by the O.S.U. Extension Service for any tilling or planting which Buyer may have done, and Buyer shall immediately relinquish possession to Seller and neither party shall be liable to the other for any further damages. Complete possession will be given upon payment in full of the purchase price and transfer of title, at closing, subject to the existing C.R.P. Program which expires 9-30-2020. Terms: 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 employers. Buyers should satisfy themselves as to acreage, crop base, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising. Contact Kim Allen, Co-Broker or Vicki Wiggins Allen, auction managers, at 580-541-3180/580-554-4400 for any additional information you may need.

Seller: The James A. Walta Estate