9/20 RHM FARMS, LLC. AUCTION

Lippard Auctioneers, Inc.

 

Date(s) 8/2/2021 - 9/20/2021

MONDAY SEPTEMBER 2Oth 10:00AM

Past Auction
Shipping Not Available
Bidding Notice:

AUCTION LOCATION: All tracts will be sold from Tract 1: From Lahoma, Oklahoma, go 2 miles east on Hwy 412, North side of the highway

Auction Notice:

5% Buyers Premium will be added to final bid price for online bidding.

Auction Information
Name 9/20 RHM FARMS, LLC. AUCTION
Auctioneer
Type Live Webcast Auction
Date(s) 8/2/2021 - 9/20/2021
Auction Date/Time Info
MONDAY SEPTEMBER 2Oth 10:00AM
Preview Date/Time Pre-viewing Land: Land can be pre-viewed during daylight hours only
Checkout Date/Time MONDAY SEPTEMBER 2Oth 10:00AM
Location
Buyer Premium 5% Buyers Premium
Description
355± ACRES * GARFIELD COUNTY, OKLAHOMA * LAHOMA & DRUMMOND AREA CROPLAND * PASTURE * HIGHWAY FRONTAGE RHM FARMS, LLC. AUCTION No Minimum - No Reserve MONDAY SEPTEMBER 2Oth 10:00AM AUCTION LOCATION: All tracts will be sold from Tract 1: From Lahoma, Oklahoma, go 2 miles east on Hwy 412, North side of the highway Tract 1 - Surface Rights Only Legal Description: SW/4 of Section (10), Township (22) North, Range (8), W.I.M. Garfield County, Oklahoma (149 acres) Directions: From Lahoma, Oklahoma, go 2 miles east on Hwy 412, North side of the highway Description: This farm consists of approximately 149 acres more or less. According to the county Farm Service Agency there 144 acres farmland with 122.13 DCP cropland with a 122.10 wheat base and 35- bushel yield. The balance is in grass pasture and waterways. There is good Highway 412 frontage with 2- access points and good gravel county road on the west. The farm has a water well, electric, and good perimeter fencing. Soil types consists of: Pond Creek Silt Loam, 0-1% slopes, class I; Grant Silt Loam, 1-5% slopes, class II & III Taxes: $572.00 Possession: will be given after the harvest of the 2022 wheat harvest Minerals: Selling surface rights only Tract 2 - Sold from Tract 1 Legal Description: NE/4 of Section (3), Township (20) North, Range (8), W.I.M. Garfield County, Oklahoma (133 acres) Directions: From the RR tracks in Drummond, Oklahoma, go 4 miles south on Hwy 132 to Lucien Rd. (Ames Blacktop). Description: This farm consists of approximately 133 acres more or less (home and improvements have be previously sold). According to the county Farm Service Agency this tract is combined with Tract 3 showing 200 acres farmland with 146.40 DCP cropland with a 146.10 wheat base and 35- bushel yield. The balance is in grass pasture and ponds. There is good blacktop frontage and electric on both the north and west. Soil types consists of: Grant Silt Loam, 1-3% slopes, class II; Kingfisher Silt Loam, 3-5% slopes, class III; Piedmont Silt Loam, 3-5% slopes, class III; Kirkland-Pawhuska Complex, 0-3% slopes, class II; and Kingfisher-Ironmound Complex, 8-20%, class VI Taxes: $331.00 Possession: will be after the harvest of the 2022 wheat crop Tract 3 - Sold from Tract 1 Legal Description: Lot (3) and SE/4 of NW/4 Section (3), Township (20) North, Range (8), W.I.M. Garfield County, Oklahoma Directions: From the RR tracks in Drummond, Oklahoma, go 4 miles south on Hwy 132 to Lucien Rd. (Ames Blacktop) then ½ mile west. Description: This farm consists of approximately 73± acres more or less. According to the county Farm Service Agency this tract is combined with Tract 2 showing 200 acres farmland with 146.40 DCP cropland with a 146.10 wheat base and 35- bushel yield. This tract is all cropland with exception for a waterway and does have some perimeter fencing and blacktop frontage. Soil Types consists of: Grant Silt Loam, 1-3% slopes, class II & III; Kingfisher Silt Loam, 3-5% slopes, class III; Taxes: $255.00
Minerals: No minerals will sell. Possession: will be after the harvest of the 2022 wheat crop Auctioneers Note: Tracts 2 & 3 will be offered individually then back together to achieve highest possible price. Pre-Auction Offers: No pre-auction offers will be accepted prior to auction date. Pre-viewing Land: Land can be pre-viewed 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 for loss of internet signal by either side. Terms: 10% of the total purchase prices is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Buyers should satisfy themselves as to any inspections prior to bidding. All financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all advertising or comments. SELLER: RHM FARMS, LLC.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 25.00 0.50 USD
25.01 - 50.00 1.00 USD
50.01 - 75.00 2.50 USD
75.01 - 100.00 5.00 USD
100.01 - 500.00 10.00 USD
500.01 - 980.00 20.00 USD
980.01 - 9,900.00 100.00 USD
9,900.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
Cash, Check, Wire
NA
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.