S/2 of SE/4 of 17-19N-2 W.I.M, Guthrie, OK 73044 - Logan County

80 ACRES * LOGAN COUNTY *OKLAHOMA

MULHALL/ORLANDO AREA * TIMBER * CROPLAND * CREEK

SHERIFFS AUCTION

Gilbert Morris, ETAL vs. Loraine Shippy, ETAL

TUESDAY APRIL 1, 2014 2:00 PM

AUCTION LOCATION: North Front door of the Logan County Courthouse, Guthrie, OK. 73044

This property consists of approximately 80 acres and according to the Logan county FSA office there are no current program enrolled. The property is comprised of approximately 35 acres of grass pasture/cropland (excellent hay), and has been planted to wheat in past years, timber, and creek. The property has great access with Hwy 51 frontage and good county road on the east. This is an excellent agricultural use property and would be a great place to build your dream home. There are also great recreational opportunities and the property is located within 15 minutes of Guthrie and 30 minutes from Oklahoma City. For more information contact Lippard Auctioneers, Inc. or view the Lippard Auctions website 580-237-7174

Directions to Property: From Mulhall, OK. Go 3.5 miles north on Hwy 77, then 2 miles west on Hwy 51, or from the junction of Hwy 51 & 77 (south of Orlando, OK), go 2 miles west on Hwy 51, or from the junction of Hwy 51 & 74 go 9 miles east, north side of road, watch for signs!

Legal Description: S/2 of SE/4 of 17-19N-2 W.I.M. Logan County, OK.

Longitude: 97.26.2.76N

Latitude: 36.7.23.01W

Taxes: $141.33. The 2014 taxes will be prorated to the day of closing.

Possession: will be given at closing.

Soil Types: Lawrie Loam, 0-1% slopes, class I; Mulhall Loam, 3-5% slopes, class III; Ashport Silt Loam, 0-1% slopes, class V; Grainola Silty Clay Loam, 3-5% slopes, class IV

Minerals: Selling surface rights only. No minerals sell!

Legal Questions/Closing: Any legal questions can be answered by contacting Frank W. Davis Attorney, 115 N. Division Guthrie, OK. 405-282-1420. the closing will also be held at Mr. Daviss office.

Terms/Conditions: 10% of the total purchase price will be due within 24 hours of close of auction in the form of Cash or Cashiers check only paid to the Logan County Court Clerk. Balance will be due at closing. An abstract will be furnished and Buyers attorney will have adequate time for title examination. Title will transfer by Sheriffs Deed.