Kingfisher, OK 73750 - Kingfisher County

80 ACRES * KINGFISHER, OKLAHOMA

IMPROVEMENTS * RURAL WATER * MINERALS

ABSOLUTE AUCTION

MONDAY DECEMBER 16, 2013 3:00PM

AUCTION LOCATION: From Kingfisher, OK. go 10.5 miles west on Hwy 33 to the Loyal Blacktop, then 1 mile north, 1 mile west. Or from Loyal, OK, go 7 miles south on the Loyal blacktop, then 1 mile west.

This farm consists of approximately 80 acres of land. The farm is improved with one 26 x 80double wide trailer (4 beds, 2 bath) and an older frame home (1,583 Sq. Ft.) with a 20 x 45 shed, 24 x 24 barn, 24 x 36 barn and a couple of smaller buildings. There is rural water, domestic water well, and 2-1,000 bushel granaries. There is approximately 30 acres of cropland with a full wheat base and 42 bushel yield. The balance of the farm is in native/Bermuda grass, and 2 ponds. For more information call 580-237-7174

Legal Description: E/2 of NE/4 of Section (15), Township (16) North, Range (9), W.I.M. Kingfisher County, Oklahoma.

Taxes: $820.56

Minerals: will be offered separately and then back with the surface rights. Seller has a.00781250 net interest and receives approximately $1,000.00 annually.

Possession: will be given after the harvest of the existing wheat crop and at closing on the improvements and pasture.

Soil Classifications: Bethany Silt Loam, 0-1% slopes, class I and Milan Fine Sandy Loam, 1-3% slopes, class II

Longitude: 35, 51, 46.57 Latitude: 98, 8, 42.57

Internet Bidding: will be available by logging on to Proxibid at least 48 hour prior to auction date to register. Neither Auction Company nor Seller is responsible in the event of loss of signal by either side.

Real Estate 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. A title commitment has been prepared so that closing can happen before December 31, 2013. All information is 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. Any announcements made the day of the auction supersede all advertising.

SELLER: TODD SCHAFER