5/21 80 +/- Acres | Highly Productive Sm. Grain Farm

Friday, May 21, 2021

Wiggins Auctioneers
By accepting terms and conditions, I hereby certify that: 1.I acknowledge that I have 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. 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 accept by electronic means, and that the electronic acceptance shall have the same force and effect as an original signature.
The Legion Hut a/k/a as the Lamont Post 209 American Legion Bldg., 1532 Madison, Lamont, OK US
80 +/- Acres | Highly Productive Sm. Grain Farm | Wind Energy Ground Lease IncomePond Creek/Hunter/Lamont Area, Grant Co., OKAUCTIONFriday May 21, 2021 10:00 a.m.Auction Location: The Legion Hut a/k/a as the Lamont Post 209 American Legion Bldg., 1532 Madison, Lamont, OK (1/2 block W. of bank)-Located 5 miles SW of Lamont on SH 74, then 2 miles W. on Comanche Rd. to the NE/corner of the land OR from the Jct. of US 81/US 60 in Pond Creek, go 9 miles E. on US 60, 4 miles S. on CR 1010, then ¾ mile E. on Comanche Rd. -According to the F.S.A. there are 76.93 +/- acres of cropland with a 74.40 acre wheat base & a 36 bu./ac. PLC yield-Soil Types are mostly Kirkland silt loam, Kirkland-Pawhuska complex, & Port silt loam, all Class II; with lesser amounts of Pond Creek silt loam, Class I & Renfrow silty clay loam, Class IV -Land lays mostly level and is easily tilled -Access is by county road Legal Description: E/2 NE/4 of Sec. 28, Twp. 25N, R4 W.I.M., Grant Co., OK. Wind Energy Ground Lease: Land sells subject to an existing Wind Energy Ground Lease w/ Chisholm. Annual Income is approx. $1,728/yr. Buyer shall be entitled to any payments due and payable the month following closing. '20 Taxes: were approx. $132.00. The 2021 taxes will be prorated to the day of closing. Minerals: Minerals in, under, & to the above described land will be offered separately in our Mineral Auction scheduled for June 3rd. No minerals are being sold or transferred with the surface. Crop: Does not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing ag lease which expires upon completion of harvest of the presently growing 2020-2021 crop, or July 1, 2021, whichever is later. Registration: All bidders are required to register with 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, crop base, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Vicki Wiggins Allen, Auction Manager, at 580.554.4400 for any additional information you may need. Visit wigginsauctioneers.com for terms, details, photos, & online bidding! Seller: The James R. & Betty Reid Revocable Trust
Lot #: 1

80 +/- Acres | Highly Productive Sm. Grain Farm

80 +/- Acres | Highly Productive Sm. Grain Farm | Wind Energy Ground Lease IncomePond Creek/Hunter/Lamont Area, Grant Co., OK- Located 5 miles SW of Lamont on SH 74, then 2 miles W. on Comanche Rd. to the NE/corner of the land OR from the Jct. of US 81/US 60 in Pond Creek, go 9 miles E. on US 60, 4 miles S. on CR 1010, then ¾ mile E. on Comanche Rd. - According to the F.S.A. there are 76.93 +/- acres of cropland with a 74.40 acre wheat base & a 36 bu./ac. PLC yield- Soil Types are mostly Kirkland silt loam, Kirkland-Pawhuska complex, & Port silt loam, all Class II; with lesser amounts of Pond Creek silt loam, Class I & Renfrow silty clay loam, Class IV - Land lays mostly level and is easily tilled - Access is by county road Legal Description: E/2 NE/4 of Sec. 28, Twp. 25N, R4 W.I.M., Grant Co., OK. Wind Energy Ground Lease: Land sells subject to an existing Wind Energy Ground Lease w/ Chisholm. Annual Income is approx. $1,728/yr. Buyer shall be entitled to any payments due and payable the month following closing. '20 Taxes: were approx. $132.00. The 2021 taxes will be prorated to the day of closing. Minerals: Minerals in, under, & to the above described land will be offered separately in our Mineral Auction scheduled for June 3rd. No minerals are being sold or transferred with the surface. Crop: Does not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing ag lease which expires upon completion of harvest of the presently growing 2020-2021 crop, or July 1, 2021, whichever is later.

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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.