Lamont, OK 74643 - Garfield County

240 ACRES * GARFIELD/GRANT COUNTY LINE * LAMONT/HUNTER AREA

CROPLAND * GRASSLAND * PONDS * HUNTING * CATTLE GRAZING

ABSOLUTE AUCTION

No Minimums No Reserves

THURSDAY NOVEMBER 8, 2018 10:00AM

AUCTION LOCATION: E0280 & N3090 Rd Lamont OK 74643

From Hwy 60 & 74 (south of Lamont, OK), go 3 miles south to Cotton Rd/Salt Fork, OK., then go 6 miles east on blacktop/gravel rd to CR 1100, then go 2 miles south on CR 1100 to Coal Rd, then 1 mile west Tract 1 (both properties will be sold from this location)

TRACT 1- AUCTION LOCATION FOR BOTH TRACTS

Legal Description: NE/4 of 34-25N-3 W.I.M. Grant County, Oklahoma

Directions to Farm: From Hwy 60 & 74 (south of Lamont, OK), go 3 miles south to Cotton Rd/Salt Fork, OK., then go 6 miles east on blacktop/gravel rd to CR 1100, then go south 2 miles on CR 1100 to Coal Rd, then 1 mile west Tract 1 (both properties will be sold from this location)

Taxes: $395.61

Description of Farm: This farm consists of 160 acres and according to the county F.S.A. office there is 84.85 DCP cropland with 84.80 wheat base and a 36 PLC yield. The balance is in grassland, timber, (2) ponds, and hunting opportunities. Principal soil types are: Port Silt Loam, class II; Kirkland Silt Loam, class II; McLain-Drummond Silt Loam, class I;

TRACT 2

Legal Description: S/2 of N/2 and N/2 of S/2 of SE/4 of 35-25N-3 W.I.M. Grant County, OK.

Taxes: $136.37

Directions to Farm: From Hwy 60 & 74 (south of Lamont, OK.), go 3 miles south to Cotton Rd/Salt Fork, OK., then go 6 miles east on blacktop/gravel rd to CR 1100, then go 2.5 miles south on CR 1100 to the property. (Both properties will be sold from Tract 1 location)

Description of Farm: This farm consists of 80 acres and according to the county F.S.A. office there is 60.83 DCP cropland with 60.80 wheat base and a 36 PLC yield. The balance is in grassland, some scattered timber and pond. Principal soil types are: Kirkland Silt Loam, class II; Renfrow Silty, class IV; Grainola Silty, class III; Masham-Ashport, class VI

Property Viewing: Daylight hours only.

Minerals: Surface rights only, no minerals will transfer!

Possession: will be given after the harvest of the 2019 wheat crop.

Internet Bidding: will be available 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% of the total purchase price is to be placed in escrow the day of the auction with balance being due at closing.

Disclaimer: 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: HOMERS FARM, LLC