1/31 Auction 2-80± Acres Tracts

Friday, January 31, 2020 10:00 AM

Lippard Auctioneers, Inc.

Directions to Farm: From Meno, Oklahoma, go 1 mile west, then ½ mile south to the property.

310 N Main Street, RIngwood, OK US

2-80± ACRES TRACTS * RINGWOOD/MENO AREA * MAJOR COUNTY * CROPLAND * BUILDING SITES

MIKE & DEBBIE DAVIDSON AUCTION

Directions to Farm: From Meno, Oklahoma, go 1 mile west, then ½ mile south to the property.

Tract 1

W/2 of SE/4 18-22N-9 W.I.M. Major Co. OK.

This tract consists of approximately 79± acres of land and is currently all in cultivation and planted to winter wheat. There is a water well in the NW corner of this tract (no pump). According to the county F.S.A. office this tract is combined with Tract 2 (see FSA Info). Access is by good county road. This tract lays very nicely with good productive soils. This tract joins tract 2 on the west.

Taxes: 2018 taxes were $252

Tract 2

E/2 of SE/4 18-22N-9 W.I.M. Major Co. OK

This tract consists of approximately 74± acres of land and is currently all in cultivation and planted to winter wheat. According to the county F.S.A. office this tract is combined with Tract 1 (see FSA Info). Access is by good county road. This tract also lays very nicely and is very good productive soils and joins Tract 1 on the east.

Taxes: 2018 taxes were $545

Combined info:

Legal Description for both tracts: SE/4 of Section (18), Township (22) North, Range (9), W.I.M. Major County, Oklahoma.

Pre Offers: will not be accepted prior to the auction.

Farm Service Information: There is a 152.78 DCP cropland acres with 144 acre wheat base and a 40 bushel yield.

Maps/Video: Maps and drone footage is available under documents.

Boundary Survey: a boundary survey has been competed for the entire section and not per tract.

Soil Classifications: Kirkland Silt Loam, 0-1% slopes, class II; Lovedale Fine Sandy Loam, 1-3% slopes, class II and small portion of Carwile-Lovedale Complex, 0-1% slopes, class V

Possession: will be after the harvest of the existing 2020 wheat crop.

Auctioneers Note: This is a great opportunity to purchase some very good class II soil that lays very nicely that is currently in winter wheat, but could make also a very nice building site. The two tracts will be offered individually and then back together.

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.

Minerals: Selling surface rights only

Terms/Conditions: 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.

Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Buyers should satisfy themselves as to any inspections prior to bidding. Financing must be in order prior to bidding. Any announcements made the day of the auction shall supersede all advertising.

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Lippard Auctioneers, Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.