N 2660 RD, Ringwood, OK 73768 - Major County

ABSOLUTE AUCTION JANUARY 14, 2013 10:00 AM CST

240 ACRES * EXCELLENT HUNTING * CRP LAND

MAJOR COUNTRY ~ RINGWOOD, OK.

OFFERED IN 2 TRACTS

NO MINIMUMS NO RESERVES

SELLER: SCOTT AND TAMMIE CONAWAY

AUCTION LOCATION: N 2660 Rd. Ringwood OK

From the Post Office in Ringwood, Oklahoma, go 5 miles south on the Ames Blacktop, then 1 mile west, mile north to auction site. Watch for signs. Long 36 31 13N Lat 98 18 41W

TRACT # 1

Directions: From Post Office in Ringwood, OK. go 4 miles south on Ames Blacktop, then 1 mile west.

This tract consists of approximately 90 acres more or less and is comprised of mostly grassland and Blackjack timber. According to the Major County the property is enrolled in the Conservation Reserve Program (CRP) starting 10-1-10 through 9-30-2020. The rate is $35.27 per acre with 76.84 acres of CRP in this tract. This property offers excellent deer, turkey and quail hunting, as well as, good annual income.

Legal: the west 100 acres, less 10 acres previously reserved of the NE/4 of 9-21N-10 W.I.M. Major County, OK.

Taxes: $180.52

TRACT # 2

Directions: Same as Auction Location.

This tract consists of approximately 150 acres more or less and is comprised of mostly grassland and Blackjack timber. According to the Major County the property is enrolled in the Conservation Reserve Program (CRP) starting 10-1-10 through 9-30-2020. The rate is $35.27 per acre with 133.56 acres of CRP in this tract. This property offers excellent deer, turkey and quail hunting, as well as, good annual income.

Legal: SE/4 of 9-21N-10 W.I.M. Major County, OK. less a 10 acre tract & building in the SE/4 of SE/4 that is being held out.

Taxes: $563.18. This tax does include the building and acreage that is being reserved out.

Order of Auction: The tracts will be offered separately and then collectively to determine the highest possible price.

Internet Bidding: will be available by logging on to lippard auctions to register at least 48 hrs prior to auction day. Neither Auction Company nor the Seller is responsible in the event of loss signal by either side.

Possession: will be at closing.

Minerals: Selling surface rights only! No minerals sell.

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. All information is taken from sources believed reliable; however, no guarantee is be being made by the Auction Company or the Seller. Any announcements made the day of the auction supersede all advertising.

SELLER: SCOTT AND TAMMIE CONAWAY