Aline, OK 73716 - Alfalfa County

160 +/- Acres of Productive Farmland w/ Established Irrigation

62.5 +/- Acres of Productive Farmland w/SH 8 Frontage | Aline Area, Alfalfa Co., OK

AUCTION

Thursday May 11, 2017 10:00 a.m.

Auction Location: Aline Senior Citizens Building, 412 N. Main St., Aline, OK

Farm #1 (160 +/- Acres): Highly productive * Located from Jct. SH8 & 8B (E. of Aline), 1 mile N. & 1 mile E. to the NE/corner of the NE/4 * 15 water wells currently in working order * Reinke 8 tower irrigation system * 5 wire perimeter fence * Pipe cattle pens * Butler 30 x 60 metal machine shed * Farms #1 & #2 are in an F.S.A. unit which contains 208.4 cropland w/a 199 acre wheat base & PLC yield of 37 & 29 bushel per acre * Appears to be 149.33 acres of cropland in this NE/4 * Soil types of cropland include Eda Sand & Devol fine sandy loam, both Class III; & Carwile-Devol complex, Class V. 16 Taxes: were approx. $558.00. Legal Description: NE/4 of Sec. 31, Twp. 24N, R11 W.I.M., Alfalfa Co., OK

Farm #2 (62.5 +/- Acres): Joins Farm #1 on W. * Approx. 860 ft. of SH 8 frontage * Appears to have approx. 55.45 acres of cropland * Balance in water way * Soil types of cropland include Eda Sand, Devol fine sandy loam, & Carmen & Ruella soils, all Class III. 16 Taxes: were approx. $209.00. Legal Description: The S/2 of S/2 of NW/4 & a 26 acre tract in NW/4, in Sec. 31, Twp. 24N, R11 W.I.M., Alfalfa Co., OK Less & Except a 4.5 acre tract in W/corner of said NW/4 & Less that portion previously conveyed for use as hwy.

General Statements

Order of Auction: Farm #1 and Farm #2 will be offered individually, then together. Auction Company expressly reserves the right to reopen bidding on each tract until such time as all bidding has ceased. 17 Taxes: Will be prorated to the day of closing. Possession: is to be given upon payment in full of the purchase price and transfer of title, at closing, subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2016-2017 wheat crop or July 1, 2017, whichever is later. Crop: Does not sell. Minerals: Do not sell. Terms: 10% of the purchase price is to be placed in escrow day of 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 employer. Buyers should satisfy themselves as to acreage, crop base, etc. prior to auction day. Announcements made day of auction take precedence. Auction Mgr., Jeff Crissup, | Visit Wiggins Auctioneers online for full details & pics.

Seller: John Lamle