Tuesday, November 30, 2021
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 sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
Marshall Alumni Building, Main St., Marshall, OK
556.5 +/- Acres (Offered in Tracts) | Outstanding Hunting/Sm. Grain/Livestock Land | Hwy 74D Frontage | Beautiful, Rural Home Site Potential | Timber-Lined Rock Creek | Ponds Wildlife | Lovell, Crescent, Marshall Area, Logan Co., OKAUCTIONTuesday November 30, 2021 10:00 a.m.Auction Location: Marshall Alumni Building, Main St., Marshall, OK Co-Broker Fee: 2%Land Location: From the Jct. of SH 74 & SH 51 (Earnheart's), 4 miles S. on SH 74, then 1 ½ miles W. on SH 74D to the NE/corner of the land. This Land has it All! Main Features -½ Mile of Hwy 74D Frontage (Tracts #1 & #2 Only)-Convenient Location (w/in 55 Minutes of OKC, 40 Minutes of Stillwater, & 45 Minutes of Edmond)-Rural Home Site/Executive Home Site Development Potential-Timber-Lined Rock Creek (Deep Channeled Creek), Scattered Trees, Ponds (All but One, Currently Dry) & Pond Development Potential, Blue Stem & Native Grasses, Abundant Wildlife & Hunting Potential -Good Shelter & Grazing for Livestock-Entirety has approx. 113.88 Acres of Cropland w/ 113.85 Acre Wheat Base & a 32 bu./ac. PLC Yield-Improvements include an Old Home Site w/ Electricity, Likely an Older Water Well, 2 Older Barns & Fences -Rural Water is Available, if Desired -Crescent School DistrictDescription of Tracts Tract #1 (Approx. 23 Acres w/ Hwy 74D Frontage): Located in the NW/corner of Sec. 10 Tract #2 (Approx. 59 Acres w/ Hwy 74D Frontage): Located in the NE/corner of Sec. 10Tract #3 (Approx. 234.5 Acres): The S. Portion of Sec. 10, Less Tracts #1 & #2 Tract #4 (Approx. 240 Acres): Land located in Sec. 9Tract #5 (Approx. 556.5 Acres: EntiretyGeneral StatementsLegal Descriptions: If Tracts #1 &/or #2 sell separately from Tract #3, then legal descriptions will be determined by a survey thereof at buyer's sole cost. If Tract #4 sells separately, no survey will be necessary. Order of Auction: Tracts will be offered individually & in combinations to suit buyers. Legal Description for Entirety: The W/2 of Sec. 10 & the SE/4 & the S/2 NE/4 of Section 9; all in Twp. 18N, R4 W.I.M., Logan Co., OK '21 Taxes for Entirety: were approx. $1,072.00. The taxes for year of closing will be prorated to the day of closing based upon estimates to be provided by the Logan Co. Assessor. Minerals: Do not sell. Possession: Possession is to be given upon payment in full of the purchase price and transfer of title, at closing. With proper indemnification, Buyer will have permission to hunt the land beginning the day of the auction. If, for any reason, this sale does not close, the Buyer shall immediately relinquish such permission to hunt and neither party shall have any further duty to the other. 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. Buyer's Premium: A 2% Buyer's Premium will be added to the high bid in the auction to determine the purchase price. 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 Kim Allen, Co-Broker, Auction Manager, at 580.541.3180 for any additional information you may need. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding! Sellers: William & Evelyn Simpson