Lot # : 2 - W/2 NE/4 9-24N-8W Garfield County OK

WEDNESDAY MAY 3RD 10:00AM

400± ACRES OFFERED IN 3 TRACTS * WIND TURBINE INCOME * GRASS PASTURE * CROPLAND HUNTING * PONDS * GARFIELD COUNTY, OKLAHOMA * CARRIER/GOLTRY AREAS JOSEPH L. MEIBERGEN TRUST AUCTION WEDNESDAY MAY 3RD 10:00AM AUCTION LOCATION: Garfield County Expo Center, 111 W. Purdue Enid, Oklahoma TRACT 1 Legal Description: NW/4 of Section (9), Township (24) North, Range (8), W.I.M. Garfield Co. OK. Taxes: $496.00 Directions to Farm: From Hwy 132 & 45 in Carrier, OK. Go North (4) miles to the Goltry Blacktop (Holden Road), then go west (3) miles to Sheridan Rd, then (2.5) miles north to property This property consists of approximately 160 acres more or less. According to the county F.S.A. office there is 94.07 DCP cropland acres with 88.90 wheat base and 38-bushel yield. The balance of the land is in good native grass pasture with a small set of cattle pens. There is a rural water tap located on this property and a hydrant near the pens. The property has good steel corners and good perimeter barbwire fencing except on the east side. The grass pasture is fenced off from the cropland. Soil types are: Grant Silt Loam, 1-3% slopes, class II; Grant Silt Loam, 3-5% slopes, class III; Kingfisher-Ironmound Complex, 8-20% slopes, class VI TRACT 2 Legal Description: W/2 of NE/4 of Section (9), Township (24) North, Range (8), W.I.M. Garfield Co. OK. Taxes: $377.00 Directions to Farm: From Hwy 132 & 45 in Carrier, OK. Go North (4) miles to the Goltry Blacktop (Holden Road), then go west (3) miles to Sheridan Rd, then (3) miles north, then (1/2) mile East to property This property consists of approximately 80 acres more or less. According to the county F.S.A. office there is 69.86 DCP crop acres with 68.60 wheat base and 38-bushel yield. The balance is in native grass pasture on the south end. Soil types are: Grant Silt Loam, 1-3% slopes, class II; Grant Silt Loam, 3-5% slopes, class III; Kingfisher-Ironmound Complex, 8-20% slopes, class VI TRACT 3 Legal Description: SE/4 of Section (9), Township (24) North, Range (8), W.I.M. Garfield Co. OK. Taxes: $546.00 Directions to Farm: From Hwy 132 & 45 in Carrier, OK. Go North (4) miles to the Goltry Blacktop (Holden Road), then go west (3) miles to Sheridan Rd, then (2) miles north to Buffalo RD then (1/2) mile East to the property This property consists of approximately 160 acres more or less. According to the county F.S.A. office there is 103.53 DCP crop acres with 90.30 wheat base and 38-bushel yield. Soil types are: Grant Silt Loam, 1-3% slopes, class II; Grant Silt Loam, 3-5% slopes, class III; Kingfisher-Ironmound Complex, 8-20% slopes, class VI Possession for all tracts: will be after the harvest of the existing crop and grass pasture will be given September 1, 2023 Wind Lease & Income: All tracts have an existing wind lease and each property does have a wind turbine. The lease was executed 10/4/2017 for 50 years with some renewal options. Each property/turbine receives an annual payment of $12,500.00. These leases will transfer to the new owner at closing. Minerals: Selling surface rights only. Seller does not own any minerals Pre-Viewing Land: can be done during daylight hours only. Do not drive on cropland Pre-Auction Offers: No pre-auction offers will be accepted prior to the auction day Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the Seller nor the Auction Company is responsible in the event of loss of internet signal be either side. Terms: 10% of the total purchase price 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 Seller nor the Auction Company. Bidders should satisfy themselves as to any inspections prior to bidding and financing must be in order prior to bidding. Any announcements made the day of the auction shall supersede all marketing or comments. SELLER: JOSEPH L. MEIBERGEN TRUST