Wakita, OK 73771 - Grant County

ABSOLUTE AUCTION

165 ACRES GRANT COUNTY OKLAHOMA

CROPLAND MINERALS GRASS PASTURE CRP INCOME

FRIDAY, APRIL 20, 2018, 10:00 AM

AUCTION LOCATION: Off Site-Senior Citizen Center, 103 W. Main, Wakita, OK

Direction to Farm: N2870Rd & N0020Rd Wakita OK 73771

From the Wakita Coop go 1 miles east to N2870RD Then go north 7 miles to E0020RD or From the south side of Manchester (cemetery corner) go 8 miles east.

This quarter section of land consists of 165 acres. There are some hunting possibilities of deer, quail, pheasant and other wildlife. It has a small creek that runs through it. According to the FSA office there are 161.17 acres of farmland, 119.74 DCP cropland with the balance in grass and creek and a small pond. According to the Grant County FSA, there is a wheat base of 103.23 acres with a 40 bushel yield. 16.5 acres of CRP $34.40 per acre with a contract ending date of 09/30/2021. Preview on your own during daylight hours.

LEGAL DESCRIPTION: SW/4 SEC18-T29N-R6W Grant County, Oklahoma

SOIL TYPES: Kirkland Silt Loam Class II, Grainola Silty Clay Loam II, Renfrow Silt Loam Class IV, Masham-Ashport Class VI

TAXES: 2017 Taxes were $300.00. The 2018 taxes will be prorated to day of closing.

POSSESSION: Will be given at closing.

MINERALS: Will sell separate then collectively with surface. Mineral report under documents on our web site. Minerals will transfer with Mineral Quit Claim Deed only.

Internet Bidding: will be available on both real estate and equipment by logging on to our website to register. Neither the auction company nor the seller is responsible in the event of loss of signal by either side.

TERMS: 10% down 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 to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to the condition prior to the day of the auction. Any announcements made the day of auction supersede all advertising.

SELLER: Louis Cink, Joan Pentz, John Mattingly Jr.