Cleo Springs Town Square, Cleo Springs, OK 73729 - Oklahoma County

512+/- Acres in Major Co., OK | 80 +/- Acres in Alfalfa Co., OK

Fairview/Isabella, Ringwood/Cleo, & Carmen Areas

Highly Productive Farmland | US 412 Frontage | Isabella Blacktop Frontage

AUCTION

Thursday May 14, 2020 10:00 a.m.

Auction Location: Cleo Springs Town Square, Main St., Cleo Springs, OK

Farm # 1 (80 +/- Acres)

Located from the Carmen school, 2 miles N. following the blacktop & 1 mile W. to NW corner of farm.

77.81 acres of productive cropland with a 77.2 acre wheat base & 52 bu./ac. PLC yield

Soil types - mostly Pond Creek silt loam, Class I, with far lesser amounts of Tabler silty clay loam, Class II & Devol fine sandy loam, Class III

Windmill and water well

Access by county rd.

Legal Description: W/2 NW/4 of 34-25N-12 W.I.M., Alfalfa Co. 19 Taxes: approx. $318.00

Farm # 2 (294 +/- Acres)

Located from the Jct. of U.S. 60 & OK 58 at the S. edge of Fairview, 2 miles S., then 3 miles E. on the Isabelle blacktop to NW corner of farm

280 acres of productive cropland with a full wheat base & 45 bu./ac. PLC yield

Soil types - Pond Creek silt loam, Class I, Lovedale fine sandy loam, Renfrow silty clay loam & Kirkland silt loam, all Class II; Derby loamy fine sand, Class III; & Carwile-Lovedale complex, Class V

Blacktop access

Creek crosses SW/corner

Legal Description: W/2 of 7-20N-11 W.I.M., Major Co. 19 Taxes: approx. $820.00

Farm # 3 (68.78 +/- Acres)

Located in the same section as Farm #2, another 68.84 acres in the NE/4 that adjoins Farm #2 on the E. side

65.82 acres of productive cropland with a 54.3 acre wheat base & 42 bu./ac. PLC yield; & a 1.9 acre Oats base with a 52 bu./ac. PLC yield

Soil types - Pond Creek silt loam & Renfrow silty clay loam, both Class I; Lovedale fine sandy loam, Class II; & Carwile-Lovedale complex, Class V.

Legal Description: 68.78 +/- acres in S/2 NE/4 of 7-20N-11 W.I.M., Major Co. 19 Taxes: approx. $203.50

Farm #4 (149.94 +/- Acres)

Located from the Jct. of U.S. 412 & OK 8 (S. of Cleo Springs), 5 miles E. on US 412 to NW corner of farm OR from Ringwood Jct. (US 412 & SH 58), 6 miles W. on US 412 to NW corner of farm

mile of US 412 Frontage

141.14 acres of productive cropland with a 140.4 acre wheat base & 25 bu./ac. PLC yield

Soil types - Derby & Meno loamy fine sand, both Class III; & Nobscot sand, Class VI

Perimeter fence

Catch pen & loading facility

Water well

Electricity at the well site

Legal Description: NW/4 of 14-22N-11 W.I.M., Major Co. (Less 10+/- acres) 19 Taxes: approx. $266.50

General Statements

Order of Auction: Farms #1 & #4 will be offered individually only. Farms #2 & #3 will be offered individually and together. Taxes: The 2020 taxes will be prorated to closing. Crop: Does not sell. Minerals: Do not sell. Possession for Entirety: at closing, subject to the existing lease, which expires upon completion of harvest of the presently growing 2019-2020 wheat/rye crop or August 1, 2020, whichever is later. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who choose to authorize another person to bid/purchase on his/her behalf must provide a letter of authority. Please contact Auction Company for further details. Terms: 10% of the purchase price is to be placed in escrow day of 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, condition, usability, etc. prior to auction day. Any announcements made day of auction take precedence.