Gotebo, OK 73041 - Kiowa County

50 ACRES * WASHITA COUNTY * CROPLAND * Gotebo area

ABSOLUTE AUCTION

Tuesday August 13th 10AM

Auction Location: On Site. Hwy 55 & N 2280 Rd Gotebo, OK

From Highways 183 & 55 in Rocky, Oklahoma go 8 miles east on highway 55 to curve then go 1/2 mile south on rd 2280 rd. Property is on west side of the road. Watch for signs.

This property consists of 50 acres of cropland with predominately class II soils. There is a good rock road bordering the east side of the farm with power at the road. The land lies well with a gentle slope from west to east. The land is currently fallow.

FSA: According to the county F.S.A. office this tract has 49.03 cropland acres, 41.4 acre wheat base with a 27 bushel yield and a 5.6 acre seed cotton base with a 730Ib yield. The cropland is enrolled in the PLC program.

Soils: Lovedale fine sandy loam, 1-3% slopes, class II; Lovedale fine sandy loam, 3-5% slopes, class III; Hardeman fine sandy loam, 5-8% slopes, class IV;

Seller is not accepting any offers prior to auction.

Property Viewing: Preview on your own during daylight hours

Auctioneers Note: Lippard Auctioneers is proud to present this property at public auction. This property will sell to the highest bidder with no reserve!

Legal Description: N 50 Acres in N/2 SE/4 19-8N-16W Washita County

Taxes: $174.00 and will prorated to the day of closing

Possession: Will be given at closing

Minerals: Selling surface rights only

Wind Lease: There is currently a wind lease in effect on the property.

Internet Bidding: Will be available by clicking online bidding link 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 the balance being due upon delivery of marketable title. All financing must be in order prior to bidding.

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. All financing must be in place prior to bidding and no contingencies! Any announcements made the day of the auction supersede all advertising.

SELLERS: Hines Trust