Billings, OK 74630 - Noble County

160 ACRES LAND NOBLE COUNTY, OK ~ BILLINGS AREA * CROP & TIMBER ~ EXCELLENT HUNTING

ABSOLUTE AUCTION MARCH 12, 2013 AT 10:00 AM CDT

SELLER: THE BAPTIST FOUNDATION OF OKLAHOMA

No Minimums No Reserves

AUCTION LOCATION: From Billings, OK. go 6 miles east to CR80(N3180 Rd), then 2 mile north on E 0310 Rd, or From the intersection of I-35 & Hwy 15 go mile east to CR*0, then 2 miles north or from Hwy 15 & Hwy 77 go west 2 miles west, then 2 miles north. Watch for signs! In the event of heavy rain or snow, auction will take place at the Phillips 66 convenience store at I-35 & Hwy 15 exit.

This Noble County farm consists of approximately 160 acres of land. According to the Noble County Farm Service Agency there is 108.8 acres of DCP cropland with 105.3 acre wheat base and a 34 bushel per acre yield. The balance is in timber/pasture. Principal soil types are Bethany Silt Loam, class II; Renfrow Silt Loam, class II; Westsum Silty Clay, class II; Port Silt Loam, class II; Kirkland Silt Loam, class III with some Port Class V.

Legal Description: SW/4 of 8-24N-1W.I.M. Noble County, OK.

Longitude: 36, 33 50N

Latitude: 9720 32W

Taxes: $302.89. 2013 taxes will be prorated to day of closing.

Minerals: Selling surface rights only.

Internet Bidding: will be available by logging on to lippard Auctions com at least 48hrs prior to auction day. Neither the Auction Company nor the Seller is responsible in the event of loss signal by either side.

Possession: will be given after the harvest of the existing wheat crop.

Terms/Conditions: There is will be a 10% Buyers Premium added to the high bid price to determine the total contract price! 10% of the total contract price will 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 Seller. Buyers should satisfy themselves as to any inspections prior to bidding. Any announcements made the day of the auction supersede all advertising.