Medford, OKGrant County

Date:

Friday, November 6, 2009

Time:

10:00 a.m.

Location:

Farm #1: at the junction of 81/11 in Medford; West 5 miles to Cnty Rd. 910, then S ½ mile to the NE corner of farm.

Sellers: John & Annette Welch

Auction Manager: Keith Thompson

Farm #1

Tract #1: Home & 6+/- acres: 2 Bd/1 Bath , 1236+/- sq. ft. frame home.

Tract #2: The balance of the NE/4 of 22-17-6W, Grant Co., less and except Tract #1 & a 5.55+/- acre tract in the NE/4 of the NE/4 previously conveyed. This 148.45+/- acres has a good balance of cultivation and grass pasture.

Farm#2

Tract #1: From the SW corner of Farm #1 go W ½ mile then S ½ mile to the NW corner of this 80+/- acre tract. This tract has an old home site with home in place and several barns; water well; creek frontage with lots of mature timber (great for the wildlife habitat) in which deer; pheasant, quail, dove were seen in just one afternoon. This tract also has cultivation; grass pasture; and $77.52 yearly CRP income.

Legal: W/2 of SW/4 of 27-27-6W, Grant Co.

Tract #2: From the SE corner of Farm #1 go S 1 mile then W ½ mile to the SE corner of this 80+/- acre tract or adjoins tract #1 to the west. The majority of this 80 is in CRP with approx. $3657.00 yearly income until 9-30-2020. Bird hunters and deer hunters you need to check this one out too.

Legal: E/2 of the SW/4 of 27-27-6W, Grant Co.

Auctioneers Note: This is an outstanding opportunity to purchase a home with acreage, acreage for livestock projects, recreation, or to ad to your existing farming/livestock operation.

Crop: Does not Sell.

Minerals: Sellers share of the minerals will be offered after the surface.

Possession: Upon payment in full of purchase price subject to existing agricultural/hunting leases; a month to month lease on the house & the existing CRP contracts.

Terms for Real Estate: 10% of the purchase price will be placed in escrow the day of the auction with the bal. 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 size, condition, acreage, crop base, etc. prior to the auction day.