See Directions, Meno, OK 73760 - Oklahoma County

160 ACRES MAJOR COUNTY, OK

Excellent Farmland ~ Improved Grass

RINGWOOD -MENO AREA

ABSOLUTE AUCTION

NO MINIMUMS * NO RESERVES

FRIDAY MARCH 30, 2012 10:00AM

AUCTION LOCATION: From Meno, OK. go 2 miles west on Hwy 412, then mile south, or from Ringwood, OK. go 2 miles east on Hwy 412, then mile south.

This exceptionally nice quarter section of land consists of approximately 160 acres. According to the Major County Farm Service Agency, there are 119.8 DCP acres of cropland with 118.1 acre wheat base and a 33 bushel per acre yield. The balance of the farm is comprised on mostly Bermuda grass, cattle loafing shed, water well, electric and small catch water pond. The farm is serviced by good county road access and only mile off Hwy 412.

Legal Description: SE/4 of 13-22N-10W.I.M. Major County, OK.

Taxes:$438.82. 2012 taxes will be prorated to the day of closing.

Minerals: Selling surface rights only!

Possession: will be given after the harvest of the existing 2012 wheat crop on the cultivated land and August 1st 2012.

Improvements: water well (pump belongs to tenant), small loafing shed.

Soil Types: Meno Loamy Fine Sand, 0-3% slopes, Class II; Shellabarger Fine Sandy Loam, 0-3% slopes, Class II; Carwile-Shellabarger Complex, 0-1% slopes, Class II.

Closing: will be set 30 days from the date of the auction and will be at the office of Guarantee Abstract in Enid, OK. Closing fee is $400.00 and will be shared equally between buyer and seller.

Internet Bidding: will be available by logging on to lippardauctions. Neither Auction Company nor Seller are responsible in the event of loss signal.

Terms/Conditions: 10% of the total purchase is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All information has been 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.

SELLER: WILLA MAE KOEHN