2 miles north of Bison, OK on US 81, Bison, OK 73720 - Garfield County

TWO AUCTIONS

Thursday * April 18, 2013

160 +/- Acres * Good Sm. Grain w/Additional Income

Waukomis/Bison Area, Garfield County, OK

10:00 a.m.

Auction Location: The Board Room, north side of the Coliseum of the Chisholm Trail Expo Center, 111 West Purdue, Enid, OK

This productive 160 +/- acres is located 2 miles north of Bison, OK on US 81 (3 miles south of Waukomis), then 1/8 mile west on Reed Rd. According to the Garfield County F.S.A. there are approx. 151.1 acres of cropland with a 128.7 acre wheat base and a 28 bushel per acre yield. Principle soil types of the land are Grant silt loams, Class II & III; & Kingfisher-Ironmound complex, Class IV. Improvements include a cell tower with rental income of $330.00/mo. & a perimeter fence; rural water is available, if desired. The historic Chisholm Trail crossed this land (a marker is located along the N. side of the farm). Be sure to take a look! Legal Description: The NE/4 of Sec. 12, Twp. 20N, R7 W.I.M., Garfield Co., OK. 12 Taxes: were approx. $405.00. Possession: is to be given upon payment in full of the purchase price and transfer of title subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2012-2013 crop or June 30, 2013, whichever is later; AND subject to a month to month rental agreement with SBA Monarch Towers I, LLC. Monthly rental income is $330.00 with a 10% increase every 5 years. Seller shall retain any rental income through the month of closing. Buyer shall receive any rental income following the month of closing.

80 +/- Acres * Good Sm. Grain/Livestock Farm * Barn

Ringwood Area, Major County, OK

2:00 p.m.

Auction Location: The Ringwood Community Bldg, Main St., Ringwood, OK

This productive 80 +/- acres is located from the Ringwood Post Office at the south edge of town on Main St, 2 mile south on the Ames Blacktop, then 3/4 mile east. Ringwood is 17 miles west of Enid on U.S. 412.

According to the Major County F.S.A. there are approx. 68.1 acres of cropland with a 61.9 acre wheat base and a 28 bushel per acre yield. Principle soil types of the land are Lovedale fine sandy loam, Class II; Eda loamy fine sand, Class III; & Meno loamy fine sand, Class III. The balance of the land is in trees & grass providing wildlife habitat and hunting potential, if desired. Improvements include a general purpose barn, water well & windmill & a perimeter fence. Legal Description: The E/2 SE/4 of Sec. 26, Twp. 22N, R10 W.I.M., Major Co., OK. 12 Taxes: were approx. $253.00. Possession: is to be given upon payment in full of the purchase price and transfer of title subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2012-2013 crop or August 1, 2013, whichever is later.

General Statements

13 Taxes: Prorated to the day of closing. Minerals: Do not sell. Crop: Does not sell. Terms: 10% of the purchase price is to be placed in escrow the day of the 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. Any announcements made the day of the auction supersede all advertising. Contact Vicki Wiggins Allen, auction manager, 580-554-4400 for any additional information you may need

Seller: Newman Farms, LLC