Senior Citizens Building, Carmen, OK 73726 - Alfalfa County

320 Acres - Productive Sm. Grain/Livestock Land

Carmen Area, Alfalfa Co., OK

AUCTION

Wednesday June 24, 2015 - 10:00 a.m.

Auction Location: Senior Citizens Building, Carmen, OK

Farm #1: This 160 acres is located 3 miles west of Carmen on SH 45, then 1 mile south. According to the Alfalfa County F.S.A., there are 118.64 acres of cropland with a 110.7 acre wheat base & a 28 bushel per acre yield. Principle soil types of the cropland include: Carman & Ruella soils & Eda sand, both Class III; Eda Sand, Class IV & Carwile-Devol complex, Class V. The balance of the land is in native grass, with scattered trees & approx. 12.6 acres of moderate to heavy timber. There is hunting potential with this land. Legal Description: NE/4 of Sec. 18, Twp. 24N, R12 W.I.M. 14 Taxes: Were approx. $0.00.

Farm #2: This 160 acres is located 1/2 mile south of Farm #1, then 1/2 mile east OR from Carmen, 2 miles west on SH 45, then 1 1/2 miles south. According to the F.S.A., there are 127.08 acres of cropland with a 116.8 acre wheat base & a 28 bushel per acre yield. Principle soil types of the cropland include: Port silt loam, Class II; Eda sands, Class III & IV; & Carwile-Devol complex, Class V. The balance of the land is in native grass pasture and some trees. Legal Description: SE/4 of Sec. 17, Twp. 24N, R12 W.I.M. 14 Taxes: Approx. $0.00.

General Statements for Both Farms!

15 Taxes: Will be prorated to the day of closing, on the basis, on estimates to be provided by the Alfalfa County Assessor. Minerals: Do not sell. Crop: Does not sell. Possession: Is to be given upon payment in full of purchase price & transfer of title, at closing. Order of Auction: Farms will be offered individually only. 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. Announcements made day of auction take precedence.

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Seller: The Terrel Family