2/27 400 +/- Total Ac. | Crop, Grass, Pond | Major & Garfiel

Tuesday, February 27, 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.
Lahoma Community Bldg., 201 Old Stabe Lane, Lahoma, OK
400 +/- Total Acres | Highly Productive Cropland | Grass Pasture | Pond 400 +/- Net Mineral Acres | Lahoma/Meno Area | Garfield & Major Co., OKAUCTIONTuesday February 27, 2024 10:00 A.M.Auction Location: Lahoma Community Bldg., 201 Old Stabe Lane, Lahoma, OK 73754 Farm #1 (156 Acres More or Less - Highly Productive Cropland)-Located 1 mile W. of Lahoma on US 412 (Garfield/Major Co. Line), then ? mile N. to SW/corner of the farm-148.96 acres of productive cropland with a 146.70 acre wheat base & a 48 bu./ac. PLC yield; & a grassed waterway-Principle soil types include Pond Creek silt loam, Class I; & Grant silt loams, Classes, II & III. -Cropland lays mostly level, easily tilled-Perimeter fence -Rocked road along W. side; shale road along N. sideLegal Description: Lots 1 & 2 and the E/2 NW/4 of Sec. 7, Twp. 22N, R8 W.I.M., Garfield Co., OK '23 Taxes: were approx. $524.00. Farm #2 (160 Acres More or Less - Highly Productive Cropland * Grass Pasture * Pond * Hunting Potential)-Located 1 mile E. & 1 ? miles N. of Meno, OK on the Goltry blacktop/NS 272-In FSA unit with Farm #3 with 173.40 acres of productive cropland (110 +/- acres on this NE/4) with a 164 acre wheat base & a 48 bu./ac. PLC yield; balance of land in grass pasture, scattered trees, ponds & creek tribute-Productive soil types of cropland include Pond Creek silt loam, Class I; & Grant silt loams, Classes II & III; & Grant-Nash complex, Class IV -Cropland lays mostly level, easily tilled-Pasture fence-Blacktop access along the E. side Legal Description: The NE/4 of Sec. 4, Twp. 22N, R9 W.I.M., Major Co., OK. '23 Taxes for both Farms #2 & #3: were approx. $559.00. Farm #3 (80 Acres More or Less - Highly Productive Cropland * Grass Pasture) -Located 1 ? mile N. of Meno on N. Meno Ave./NS 271 to the SW/corner of the farm- In FSA unit with Farm #3 with 173.40 acres of cropland (62.47 +/- acres on subject) with a 164 acre wheat base & a 48 bu./ac. PLC yield; balance of land, approx. 14.8 acres, consists of grass pasture & scattered trees-Principle soil type of cropland is Pond Creek silt loam, Class I -Cropland lays level, easily tilled-Inside fences -Rocked road access along W. sideLegal Description: The N/2 SW/4 of Sec. 4, Twp. 22N, R9 W.I.M., Major Co., OK '23 Taxes: see Farm #2. General Statements for Real EstateOrder of Auction: Farms will be offered individually only. Possession of Farm #1: At closing, subject to the existing ag lease which expires upon completion of harvest of the 2024 summer crop or September 1, 2024, whichever is later. Possession of Farms #2 & #3: Possession of the cropland, at closing, subject to the existing lease which expires upon completion of harvest of the presently growing 2023-2024 wheat crop or July 1, 2024, whichever is later. Possession of the grassland, Aug. 1, 2024. Taxes: The 2024 taxes will be prorated to the day of closing. Crop: Does not sell. Minerals: No minerals are being sold or transferred with the surface. Registration: All bidders are required to register with valid form of ID & acknowledge & 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, crop base, size, condition, etc. prior to auction day. 400 +/- Net Mineral AcresMINERAL AUCTIONOnline Only, February 29, 2024 @ 2:00 P.M.Seller's share of minerals in, under, & to the above-described land will be offered in our mineral auction scheduled for February 29, 2024. Note: Announcements made day of auction take precedence.Contact Auction Managers, Perry Wiggins or Vicki Wiggins Allen, at 580.541.7942/ 580.554.4400. Visit WigginsAuctioneers.com for full details, pictures & online bidding! Seller: The Sue A. Ellis Revocable Trust
Lot #: 1

Farm #1 (156 +/- Ac. - Highly Productive Cropland)

-Located 1 mile W. of Lahoma on US 412 (Garfield/Major Co. Line), then ½ mile N. to SW/corner of the farm-148.96 acres of productive cropland with a 146.70 acre wheat base & a 48 bu./ac. PLC yield; & a grassed waterway-Principle soil types include Pond Creek silt loam, Class I; & Grant silt loams, Classes, II & III. -Cropland lays mostly level, easily tilled-Perimeter fence -Rocked road along W. side; shale road along N. sideLegal Description: Lots 1 & 2 and the E/2 NW/4 of Sec. 7, Twp. 22N, R8 W.I.M., Garfield Co., OK '23 Taxes: were approx. $524.00.

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Lot #: 2

Farm #2 (160 +/- Ac. Cropland * Grass * Pond)

-Located 1 mile E. & 1 ½ miles N. of Meno, OK on the Goltry blacktop/NS 272-In FSA unit with Farm #3 with 173.40 acres of productive cropland (110 +/- acres on this NE/4) with a 164 acre wheat base & a 48 bu./ac. PLC yield; balance of land in grass pasture, scattered trees, ponds & creek tribute-Productive soil types of cropland include Pond Creek silt loam, Class I; & Grant silt loams, Classes II & III; & Grant-Nash complex, Class IV -Cropland lays mostly level, easily tilled-Pasture fence-Blacktop access along the E. side Legal Description: The NE/4 of Sec. 4, Twp. 22N, R9 W.I.M., Major Co., OK. '23 Taxes for both Farms #2 & #3: were approx. $559.00.

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Lot #: 3

Farm #3 (80 +/- Ac. Cropland & Grass)

-Located 1 ¼ mile N. of Meno on N. Meno Ave./NS 271 to the SW/corner of the farm- In FSA unit with Farm #3 with 173.40 acres of cropland (62.47 +/- acres on subject) with a 164 acre wheat base & a 48 bu./ac. PLC yield; balance of land, approx. 14.8 acres, consists of grass pasture & scattered trees-Principle soil type of cropland is Pond Creek silt loam, Class I -Cropland lays level, easily tilled-Inside fences -Rocked road access along W. sideLegal Description: The N/2 SW/4 of Sec. 4, Twp. 22N, R9 W.I.M., Major Co., OK '23 Taxes: see Farm #2.

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Disclaimer:

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