unknown, Woodward, OK 73801 - Woodward County

1,760 ACRES WOODWARD - SHARON, OK.

CONTIGUOUS LAND SURFACE & MINERALS

EXCELLENT CATTLE/HUNTING LAND

(Offered in 6 Tracts and Collectively)

ABSOLUTE AUCTION

NO MINIMUMS * NO RESERVE

FRIDAY OCTOBER 26, 2012 10:00AM

AUCTION LOCATION: from 48th St. & Oklahoma Ave (Hwy 15) in Woodward, OK. go 5 miles west on Hwy 15 to Tangier Road (CR 195 Blacktop), then go 11 miles south to EW 53, then mile west, and 1 mile south, east into. From Sharon, OK. Go 11 miles west on Sharon blacktop, 2 miles south, mile west, 1 mile south, east into.

Tract # 1

SE/4 of 4-20N-22WIM Woodward County, OK.160 Acres

Directions: across the road west from auction location.

Taxes: $136.02

This tract consists of 160 acres and is comprised of native grass, rolling sandy terrain, with good boundary fencing, scattered timber, food plots, and plumb thickets. There is a water tank and hydrant with water being provided from Tract # 5. Access is by good sandy road, but is at a dead end road providing some seclusion. This tract is across the road from Tract # 2 on the west.

Tract # 2

SW/4 of 3-20N-22WIM Woodward County, OK.160 Acres

Directions: Same as auction location.

Taxes: $ 257.16

This tract consists of 160 acres and is improved with a 28 x 34remodeled cabin w/2 bedrooms, 1 bath, open living/kitchen area, stucco siding, metal roof and large patio area. There are a few old outbuildings, electric, septic tank. Water is provided from Tract # 5. Balance of land is comprised of native grass, large food plots, scattered timber and plumb thickets. Access is by good county sand road, but is at a dead end road providing some seclusion and is across the road from Tract # 1 to the east and joins Tract # 3 on the west and Tract # 5 on the north.

Tract # 3

E/2 of 3-20N-22 WIM Woodward County, OK. 320 Acres

Directions: This tract joins Tract # 2 on east.

Taxes: 236.83

This tract consists of 320 acres of land that is comprised of mostly native grass, plumb thickets, scattered timber and cedar trees. This tract has good boundary fence with exception to that portion that divides Tract # 3 & 4. Access is by good county sand road. This tract joins Tract # 2 on the east and Tract #4 on the west and Tract #5 on the north. This tract does have water well (seller plans to install a solar pump).

Tract # 4

W/2 of 2-20N-22 WIM Woodward County, OK. 320 Acres

Directions: This tract joins Tract # 3 on east.

Taxes: $224.00 (Estimated)

This tract consists of 320 acres of land that is comprised of mostly rolling open terrain with native grass, plumb thickets, scattered timber and cedar trees. The property has good boundary fence with exception that there is no fence dividing Tract # 3 & 4. Access is by good county sand road and joins Tract # 3 on the east and Tract # 6 on the east and south. This tract does have two water wells (seller plans to install one with a solar pump).

Tract # 5

N/2 of 10-20N-22WIM Woodward County, OK. 320 Acres

Directions: This tract joins Tract # 2 & 3 on the south.

Taxes: $233.44

This tract consists of 320 acres of land that is comprised of mostly rolling open terrain with native grass, plumb thickets, food plot, scattered timber and cedar trees. There have been a lot of cedars sprayed and cut on this tract. Access is by dead end county road with lots of seclusion. There is a good oilfield rock road that provides good access to south boundary. This tract joins Tracts # 2, and 3 on the south and Tract # 6 on the southwest end. This tract does have a good water well that currently provides water to Tract # 1 & 2.

Tract # 6

N/2 of 11-20N-22 & SE/4 of 2-20N-22 WIM Woodward County, OK. 480 Acres.

Directions: This tract joins Tract # 4 on the south and east.

Taxes: $ 339.24 (Estimated)

This tract consists of approximately 480 acres of sandy rolling terrain with native grass, plumb thickets, and scattered timber and cedar trees. Access is by good county sand road. There is good boundary fence with exception to that portion that joins Tract # 5. This tract does have water well on the eastside with electric meter.

Auctioneers Note: These tracts will all be sold from the Tract #2 location. This ranch offers extremely good Whitetail deer and Bob White Quail hunting, as well as, cattle production. Be sure to come look this ranch over, it is difficult to find this much contiguous land with good access and seclusion.

Order of Auction: Tracts will be offered individually and then back together to establish the highest possible price. Minerals will be offer separately subject to sellers confirmation. All surface tracts sells to the Highest Bidder with No Minimums No Reserves!

Ranch Viewing: will be available by appointment, or Special Ranch View Dates October 19th, or 25th 1: pm to 6pm, bring ATV if wanted)

Minerals will sell Subject to Sellers Confirmation: Tract #4 has 11/42 of NW/4 of Section 2 (41.9048 acres (open) and 11/42 of W/2 SW/4 of Section 2 (20.9524 acres (open); and 11/84 of E/2 SW/4 of Section 2 (10.4762 acres (open) for a total 73.334 acres. Tract # 6 has 11/42 of W/ NW/4 of Section 11 (20.9524 acres (leased at 3/16th for $750.00/acres through 6/8/14), and 11/84 of E/2NW/4 &NE/4 of Section 11 (31.4286 acres leased at 3/16th for $750.00/acres through 6/8/14) and 11/84 of SE/4 of Section 2 (20.9524 acres (open); for a total of 73.334 acres. Leases available online

Possession: Possession of the grass will be given February 1, 2013 and possession for Hunting and cabin will be given immediately upon the signing of the purchase contract and acceptance of the escrow deposit.

Internet Bidding: will be available by logging on the register at least 48 hours prior to auction date at lippardauctions. Neither Auction Company nor the Sellers are 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. Closing office will be announced day of auction. 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.

SELLER: BRADLEY A. GUNGOLL AND DOUGLAS L. JACKSON