7/16 SARAH & JIMMY REED AUCTION

Tuesday, July 16, 2024

Lippard Auctioneers, Inc.
Purchaser agrees above items were sold "AsIs, Where Is" and with all faults. No Warranty or Guarantee is expressed or implied and each item is the sole responsibility of the purchaser from the moment the auctioneer declared the item sold.
E0260Rd & N06050 Rd, Lamont, OK
160? ACRES * PONDS * GRANT COUNTY * OKLAHOMA * LAMONT AREA * MINERALSSARAH & JIMMY REED AUCTIONTUESDAY JULY 16TH 10:00AMAUCTION LOCATION: Onsite E0260Rd & N06050 Rd Lamont, OK, 74643Directions to Farm: From Salt Fork, Oklahoma (5 miles south of Lamont, Oklahoma) go 1 mile east, watch for signs.This nice Garfield County farm consists of approximately 160 acres. According to the county F.S.A office there is 119.46 DCP crop acres with 116.46 wheat base, 38-yield, and Grain Sorghum 3 -acre base and 30-yield. The balance of the farm lays in grass pasture, ponds, some timber and improvements. The improvements include: water well, electric, older Quonset, older hay barn and granaries. There is good access with blacktop frontage on the south and county road on the west. The ponds are stocked with catfish, Bass and Perch. Principal soils are: Pond Creek Silt Loam, 1-3% slopes, class I; Grant Silt Loam, 1-3% slopes, class II; Kirkland Silt Loam, 1-3% slopes, class II; Port Silt Loam, 0-1% slopes, class II; small amount of Norge Silt Loam, 3-5% slopes class IIILegal Description: SW/4 of Section (18), Township (25) North, Range (3), W.I.M. GRANT County, OklahomaTaxes: $332.00Rent Payment: Buyer will receive the 2nd half of the rent payment at closing.Possession: will be given January 1, 2025Minerals: Selling with the surface rights. No income.Pre-Auction Offers: No pre-auction offers will be accepted prior to the auction date.Previewing the Farm: can be done on your own during daylight hours only.Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of internet signal by either side.Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance due upon delivery of marketable titleDisclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all marketing or commentsSELLER: SARAH & JIMMY REED
Lot #: 1

160± ACRES * PONDS * GRANT COUNTY * OKLAHOMA

160± ACRES * PONDS * GRANT COUNTY * OKLAHOMA * LAMONT AREA * MINERALSSARAH & JIMMY REED AUCTIONTUESDAY JULY 16TH 10:00AMAUCTION LOCATION: Onsite E0260Rd & N06050 Rd Lamont, OK, 74643Directions to Farm: From Salt Fork, Oklahoma (5 miles south of Lamont, Oklahoma) go 1 mile east, watch for signs.This nice Garfield County farm consists of approximately 160 acres. According to the county F.S.A office there is 119.46 DCP crop acres with 116.46 wheat base, 38-yield, and Grain Sorghum 3 -acre base and 30-yield. The balance of the farm lays in grass pasture, ponds, some timber and improvements. The improvements include: water well, electric, older Quonset, older hay barn and granaries. There is good access with blacktop frontage on the south and county road on the west. The ponds are stocked with catfish, Bass and Perch. Principal soils are: Pond Creek Silt Loam, 1-3% slopes, class I; Grant Silt Loam, 1-3% slopes, class II; Kirkland Silt Loam, 1-3% slopes, class II; Port Silt Loam, 0-1% slopes, class II; small amount of Norge Silt Loam, 3-5% slopes class IIILegal Description: SW/4 of Section (18), Township (25) North, Range (3), W.I.M. GRANT County, OklahomaTaxes: $332.00Rent Payment: Buyer will receive the 2nd half of the rent payment at closing.Possession: will be given January 1, 2025Minerals: Selling with the surface rights. No income.Pre-Auction Offers: No pre-auction offers will be accepted prior to the auction date.Previewing the Farm: can be done on your own during daylight hours only.Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of internet signal by either side.Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance due upon delivery of marketable titleDisclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all marketing or commentsSELLER: SARAH & JIMMY REED

in: 31

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