10/26 160+/- Ac. | Sm. Grain/Livestock Land | Garfield Co

Auction in Springhill Suites by Marriott, 5815 KL Drive (W. of Wal-Mart on W. edge of Enid), Enid Oklahoma, United States

26 Tuesday
26th October, 2021

10/26 160+/- Ac. | Sm. Grain/Livestock Land | Garfield Co

Auction in Springhill Suites by Marriott, 5815 KL Drive (W. of Wal-Mart on W. edge of Enid), Enid Oklahoma, United States

Tuesday at - 26th October , 2021

Notes

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.

Description

160 +/- Acres | Productive Sm. Grain/Livestock Land Drummond/Lacey/Ames Area, Garfield Co., OK AUCTIONTuesday October 26, 2021 10:00 a.m.Auction Location: Springhill Suites by Marriott, 5815 KL Drive, Enid, OK 73703 (W. of Wal-Mart on W. edge of Enid)-160 +/- Acres-Located from RR tracks in Drummond, 7 miles S. on SH 132 (6 miles N. of 132/51 Jct.), then 1 ½ miles W. on Sumner Rd. to the SE/corner of the farm -152.58 acres of productive cropland w/ a 150.4 acre wheat base & a 35 bu./ac. PLC yield-Soil types include Lovedale fine sandy loam; Class & Eda loamy fine sand, Class III; with smaller amounts of Eda Loamy fine sand, Class IV & Carwile loam, Class V -Improvements include a perimeter fence, water well & electric service -Access is by county roads along the S. & W. sides (just a mile from blacktop)-Potential for extra return from waterfowl hunting lease Legal Description: SW/4 of Sec. 16, Twp. 20N, R8 W.I.M., Garfield Co., OK '20 Taxes: were approx. $429.00. The 2021 Taxes will be prorated to the date of closing. Possession: is to be given upon payment in full of the purchase price and transfer of title, at closing, subject to the existing lease which expires on or by August 1, 2022. Buyer will be credited ½ of the cash lease payment in the amount of $3,000.00 at closing. Wind Energy Ground Lease: The land sells subject to an existing wind energy lease which will transfer to the Buyer. Sellers will retain any lease payments paid through the month of closing. Buyer shall be entitled to any lease payments paid the month following closing. Minerals: Do not sell. 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, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Auction Managers, Perry Wiggins or Vicki Wiggins Allen, at 580.541.7942/580.554.4400 for any additional information you may need. Visit www.WigginsAuctioneers.com for terms, details, photos, & online bidding! Seller: Gary L. Marney

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