160 +/- Ac. | Outstanding Sm. Grain/Livestock Land | Class I Soils Highway Frontage | Homesite Potential 240 +/- Net MINERAL Acres | Producing & Non-Producing Fairview Area, Major Co., OK |…

Thursday, March 19, 2020

Wiggins Auctioneers LLC
Terms for Surface: 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, etc. prior to auction day. Announcements made day of auction take precedence. Terms for Minerals: A 10% Buyer’s premium will be added to the high bid in the auction to determine the purchase price of each tract. 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title, at closing. Buyers will have 20 days to examine the county records and satisfy themselves as to the title. Title will transfer by Limited Warranty Deed. 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, production, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising.
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Auction Location: Fairview Community Bldg., 206 E. Broadway, Fairview, OK 73737 Surface • Located from the intersection of Hwy 60 & U.S. 412 at Orienta, ¾ mi. W. on U.S. 412 to the Southeast corner of the property. • According to Major County F.S.A., there are 145.89 acres of farmland w/144.88 base acres that has a 35 bu./ac. yield • Good fences on three sides, rural water, electricity & ½ mile of Hwy 412 frontage • Ideal for cultivation, livestock, or a homesite! Legal Description: SW/4 of 21-22-12, Major Co., OK ‘19 Taxes: approx. $458.97 Possession: at closing. Minerals • Tract #1: 160+/- net mineral acres in the SW/4 of 21-22-12, Major Co., OK. The 2019 production was approx. $315. • Tract #2: 80+/- net mineral acres in the W/2SE/4 of 32-22-12, Major Co., OK. These minerals are currently under lease, which will expire on Oct. 28, 2020 w/no option to renew. There is no production in the spaced section.>

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Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Wiggins Auctioneers LLC, 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.