2 miles east of the Cleo Springs Junction, Cleo Springs, OK 73729 - Major County

240 +/- Acres - Major County, OK Land - Cleo Springs Area

Date:

Wednesday, January 16, 2013

Time:

10:00 a.m.

Location:

Fairview Community Building, 206 E. Broadway, Fairview, OK

Seller: Pauline M. Weaver Trust

Auction Manager: Perry Wiggins * 580-233-3066

Tract #1:158 +/- acres located 26 miles west of Enid (2 miles east of the Cleo Springs Junction) on U.S. 412, then 1/2 mile north on blacktop road. This is a good sand farm with blacktop roads along the west and north sides, situated in an area with irrigation pivots on joining land and the surrounding area. Timber and grass on the southwest part of the land provides excellent wildlife habitat, livestock shelter, and home sites. According to the F.S.A., there are 94.5 acres of cropland. Principal soil types of the cropland are Eda loamy fine sand and Meno loamy fine sand-both Class III, with some Nobscot fine sand-Class IV, and Carwile-Lovedale complex-Class V. The land is improved with a water well and some perimeter fence. Legal: NW/4 of 8-22-11

Tract #2: This 80 +/- acres joins Tract #1 on the east. Most of this eighty can be farmed, and a good portion of it is presently being irrigated by a pivot located on joining land. According to the F.S.A., 4.7 acres are carried as cropland. Principal soil types are Meno loamy fine sand and Eda loamy fine sand-Class III, Nobscot fine sand-Class IV, and Carwile-Lovedale complex-Class V. There is a small creek w/some timber providing livestock shelter and wildlife habitat. Access is by good rocked county road, just 1/2 mile from U.S. 412. Legal: S/2 NE/4 8-22-11

General Statements

F.S.A. Information: These farms are in an F.S.A. unit with 99.2 acres of cropland with a full wheat base and 25 bushels per acre yield. There is also a 47 acre corn base with a 116 bushel yield and a 9.8 acre soybean base with a 13 bushel yield. Taxes: The 2012 combined taxes were approx. $352.00. The 2013 taxes will be prorated to closing. Minerals: Do not sell. Crop: Does not sell. Possession: Will be given upon completion of the harvest of the 2012-2013 wheat crop or July 1, 2013, whichever is later. Order of Auction: The tracts will be offered separately, then together. Terms: 10% down the day of auction w/bal. due upon delivery of merchantable title. Announcements made day of auction take precedence.

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Wiggins Auctioneers: One Grand Center, 201 N. Grand, Ste 600, Enid, Oklahoma 73701

Phone: (580) 233-3066 or (800) 375-3773

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