AUCTION DAY ANNOUNCEMENTS The George Shimanek Trust February 1, 2017 / Noble Co., OK " Legal Description: The Southeast Quarter (SE/4) of Section Seven (7), Township Twenty-two (22) North, Range Two (2) W.I.M., Noble Co., OK LESS & EXCEPT any portion thereof previously conveyed for use as a highway. " Personal Property: The Tenant of the land is Curtis Shimanek; his phone number is (580) 307-5094. Any chattel property, including, but not limited to, any livestock, livestock equipment, hay, electric fencing, farm equipment, or hunting equipment or blinds is the property of the Tenant and may be removed prior to the time of possession. " F.S.A. Information: According to the Noble Co. F.S.A., there are 110.85 acres of cropland (currently in improved grasses) with a 100.19 acre wheat base and PLC yield of 36 bushel per acre. Note: This information is provided as a courtesy of the Noble Co. F.S.A. and is subject to change without notice. " Crops: No F.S.A. payments for the 2016-2017 crop year are being sold or transferred. " Soil Types: Principle soil types of the former cropland are Milan & Bethany, both Class II. " Minerals: Minerals in, under and to the above described will be offered separately and after the auction of the surface. No minerals are being sold or transferred with the surface and the abstracts shall exclude all mineral instruments. " Taxes: The 2016 taxes were approx. $425.00 and have been paid by the Seller. The 2017 taxes will be prorated to the day of closing. " Possession: Possession is to be given upon payment in full of the purchase price and transfer of title, subject to the existing agricultural lease which expires March 31, 2017. " Terms: A 10% down payment will be required at the auction. You may use a personal check. Buyer agrees to purchase title as shown in the attached title insurance commitment, and shall have fifteen days from the delivery of title insurance commitment to seek legal counsel to review the title insurance commitment if desired, and to furnish additional title objections, if any. Title will transfer by Trustee's Deed. Seller will make available to Buyer and Buyer may purchase an owner's title insurance policy at closing. Seller shall pay the cost for the initial abstracting, title opinion, Commitment for title insurance, gap check and title curative cost, if any. Buyer shall pay any applicable title insurance premium and final abstracting costs. " Closing: Closing is to be on or by March 20, 2017 in accordance with the attached real estate purchase contract. The Closing Agent is Powers Abstract Company. Their phone number is 580-336-4068. The closing/escrow fee is $300.00 and is to be paid ½ by the Buyer and ½ by the Seller. Closing is to be at the office of Powers Abstract Company, 635 Delaware, Perry, Oklahoma. " Survey: Seller is not obligated to furnish Buyer a survey of the subject property; if Buyer desires a survey, it shall be at Buyer's sole cost. Seller is not obligated to furnish location of nor present owners of any pipeline right-of-way easements described in the Commitment. " Internet Buyers Only: In order to save you the time and expense of traveling to the auction site, this auction is being broadcast live on-line at www.wigginsauctioneers.hibid.com. There is no additional fee for this service. Neither the Auction Company nor Seller is responsible in the event of delayed signal or loss of signal by either side. AUCTION DAY ANNOUNCEMENTS The George Shimanek Trust MINERALS " Legal Description: All minerals and mineral interest in, under and to the Southeast Quarter (SE/4) of Section Seven (7), Township Twenty-two (22) North, Range Two (2) W.I.M., Noble Co., OK (80 NMA appear to be held by production & 80 NMA appear to be non-producing & open for lease) " Production: Belva-George Shimanek #1 (no recent sales) & Belva George Shimanek #3 (temporarily abandoned) " Spacing: appears to be no spacing " Royalty: Belva-George Shimanek #1- .125 & Belva George Shimanek #3- .1875 " Operator: Tripower Resources, LLC of Ardmore, OK " Terms & Conditions: A 10% Buyer's premium will be added to the high bid in the auction to determine the purchase price. 10% of the purchase price is to be placed in escrow the day of the auction, with the balance being due upon delivery of merchantable title. Buyer will have 15 days to examine the county records & satisfy their self as to the title. Closing is to be on or by March 1, 2017. The Closing Agent is Powers Abstract Company. Their phone number is (580) 336-4068. The closing/escrow fee if $300.00 and is to be paid ½ by the Buyer and ½ by the Seller. Closing is to be at the office of Powers Abstract Co., 635 Delaware, Perry, Oklahoma. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employers. Buyer should satisfy their self as to acres, production, etc. Any announcements made the day of the auction supersede all advertising. " Internet Buyers Only: In order to save you the time and expense of traveling to the auction site, this auction is being broadcast live on-line at www.wigginsauctioneers.hibid.com. There is no additional fee for this service. Neither the Auction Company nor Seller is responsible in the event of delayed signal or loss of signal by either side.