Wednesday, November 20, 2024
Wiggins Auctioneers
1.I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing [email protected]. 2.I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction.3.I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract.4.I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing.5.I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding.6.I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract.7.I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising.8.I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
Covington Fire Department, 209 2nd St, Covington, Covington, OK
2 Garfield County Farms160 +/- Acres | Productive Cropland | Grass Pasture & Pond | Covington Area80 +/- Acres | Productive Cropland | Grass/Hay Pasture & Pond | Douglas AreaAUCTIONWednesday - November 20, 2024 - 10:00 A.M.Auction Location: Covington Fire Department, 209 2nd St, Covington, OK 73730 These farms are a MUST to consider if you're looking to add productive small grain/livestock farms to your operation! Farm #1 (160 +/- Ac.) -Located 1 mile N. of Covington on SH 74 then 1 mile E. on good rocked road to the NW/c of the property-According to the Garfield Co. F.S.A., there are 123.63 acres of cropland with a 122.10 acre wheat base & a 29 bu./ac. PLC yield-Balance of the land is established in grass pasture & a nice pond-Principal soil types of the cropland are Kirkland-Renfrow complex; Renthin-Masham complex; & Kirkland silt loam, all Class III -Great home site potential, located just 1 mile from SH 74-Electric service along north & west roads-Improvements include permanent perimeter fencing & cross fencing, an approx. 30'x20' pole barn, & older water well/windmillLegal Description: The NW/4 of Sec. 7, Twp. 21N, R3 W.I.M., Garfield Co., OK Taxes: were approx. $528.00. Possession of the Cropland: at closing, subject to the existing ag lease which expires upon completion of harvest of the 2024-2025 wheat crop or July 1, 2025, whichever is later. Possession of the Grassland: at closing, subject to the existing ag lease which expires August 1, 2025. Possession Note: At the time of closing, Seller shall credit Buyer a portion of the cash lease in the amount of $3,000.Farm #2 (80 +/- Ac.)-Located from Douglas, ? mile east, then 1 ? miles north on Hunter Rd. to the SE/c-According to the Garfield Co. F.S.A., there are 52.20 acres of cropland with a 50.60 acre wheat base & a 31 bu./ac. PLC yield-Balance of the land is established in grass/hay pasture & pond (currently dry)-Principal soil types of the cropland are Kirkland silt loam; Renthin-Masham complex; & Kirkland-Renfrow complex, all Class III -Home site potential-Electric service along east road-Improvements include fencing on S.Legal: The E/2 NE/4 of Sec. 19, Twp. 21N, R4 W.I.M., Garfield Co., OK Taxes: were approx. 276.00 Possession: With property indemnification, and upon signing the purchase contract and acceptance of the escrow deposit the Buyer will have permission to till the soil as is necessary for conserving moisture and for preparing for and for planting a wheat crop. If for any reason this agreement does not close, the Seller shall pay the Buyer the customary rate as recommended by the O.S.U. Extension Service for any tilling or planting which Buyer may have done, and Buyer shall immediately relinquish possession to Seller and neither party shall be liable to the other for any further damages. Complete possession is to be given upon payment in full of the purchase price and transfer or title, at closing. General StatementsTaxes: will be prorated to the date of closing. Minerals: Do not sell. Registration: All bidders are required to register with a valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for 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, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Quentin & Lynsie Sturgeon, Auction Managers, at 580.554.7133 OR 580.554.2633 for any additional information you may need. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding!Seller: The Estate of John Henry Gragert
Lot #: 1
Farm #1 (160 +/- Ac.): Covington Area
-Located 1 mile N. of Covington on SH 74 then 1 mile E. on good rocked road to the NW/c of the property-According to the Garfield Co. F.S.A., there are 123.63 acres of cropland with a 122.10 acre wheat base & a 29 bu./ac. PLC yield-Balance of the land is established in grass pasture & a nice pond-Principal soil types of the cropland are Kirkland-Renfrow complex; Renthin-Masham complex; & Kirkland silt loam, all Class III -Great home site potential, located just 1 mile from SH 74-Electric service along north & west roads-Improvements include permanent perimeter fencing & cross fencing, an approx. 30'x20' pole barn, & older water well/windmillLegal Description: The NW/4 of Sec. 7, Twp. 21N, R3 W.I.M., Garfield Co., OK Taxes: were approx. $528.00. Possession of the Cropland: at closing, subject to the existing ag lease which expires upon completion of harvest of the 2024-2025 wheat crop or July 1, 2025, whichever is later. Possession of the Grassland: at closing, subject to the existing ag lease which expires August 1, 2025. Possession Note: At the time of closing, Seller shall credit Buyer a portion of the cash lease in the amount of $3,000.in: 31
Lot #: 2
Farm #2 (80 +/- Ac.): Douglas Area
-Located from Douglas, ? mile east, then 1 ? miles north on Hunter Rd. to the SE/c-According to the Garfield Co. F.S.A., there are 52.20 acres of cropland with a 50.60 acre wheat base & a 31 bu./ac. PLC yield-Balance of the land is established in grass/hay pasture & pond (currently dry)-Principal soil types of the cropland are Kirkland silt loam; Renthin-Masham complex; & Kirkland-Renfrow complex, all Class III -Home site potential-Electric service along east road-Improvements include fencing on S.Legal: The E/2 NE/4 of Sec. 19, Twp. 21N, R4 W.I.M., Garfield Co., OK Taxes: were approx. 276.00 Possession: With property indemnification, and upon signing the purchase contract and acceptance of the escrow deposit the Buyer will have permission to till the soil as is necessary for conserving moisture and for preparing for and for planting a wheat crop. If for any reason this agreement does not close, the Seller shall pay the Buyer the customary rate as recommended by the O.S.U. Extension Service for any tilling or planting which Buyer may have done, and Buyer shall immediately relinquish possession to Seller and neither party shall be liable to the other for any further damages. Complete possession is to be given upon payment in full of the purchase price and transfer or title, at closing.in: 31
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