Lot # : 1 - Farm #1 (160 +/- Acres): NW/4

Live Webcast Auction
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Covington, OK
Date(s)
3/18/2019 - 4/9/2019
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Home Goods & Decor - Home Goods - Other Items - Other
Lead Farm #1 (160 +/- Acres): NW/4
Description
Located from Covington, 3 miles S. on SH 74, then ½ mile W. on Flynn Rd. (Douglas blacktop) to NE/corner. According to the Garfield Co. F.S.A. this land is in an F.S.A. unit which contains 282.98 acres of productive cropland (appears to have 152.85 +/- acres of cropland on this NE/4) with a 174.04 acre wheat base and a 38 bushel per acre PLC yield; and a 108.86 acre corn base with a 127 bushel per acre PLC yield. Principle soil types of the cropland include Kirkland & Tabler silt loams, both, Class II; & Kirkland-Renfrow & Renthin-Masham complex, both Class III. This land lays mostly level & is easily tilled. Access is by blacktop road along the N. side & by rocked county road on the W. Be sure to take a look! '18 Taxes: were approx. $595.00. Legal Description: NW/4 of Sec. 35, Twp. 21 N, R4 W.I.M., Garfield Co., OK
Name Family of George and Mary Franz
Auctioneer
Wiggins Auctioneers, LLC
Type Live Webcast Auction
Date(s) 3/18/2019 - 4/9/2019
Location
Covington Fire Station, 209 2nd St.
Covington, OK
Buyer Premium No Buyer's Premium
Description
320 +/- Acres | Highly Productive Sm. Grain/Livestock Land | Ponds Covington/Douglas Area, Garfield Co., OK AUCTION Tuesday April 9, 2019 10:00 a.m. Auction Location: Covington Fire Station, 209 2nd St., Covington, OK Farm #1 (160 +/- Acres): Located from Covington, 3 miles S. on SH 74, then ½ mile W. on Flynn Rd. (Douglas blacktop) to NE/corner. According to the Garfield Co. F.S.A. this land is in an F.S.A. unit which contains 282.98 acres of productive cropland (appears to have 152.85 +/- acres of cropland on this NE/4) with a 174.04 acre wheat base and a 38 bushel per acre PLC yield; and a 108.86 acre corn base with a 127 bushel per acre PLC yield. Principle soil types of the cropland include Kirkland & Tabler silt loams, both, Class II; & Kirkland-Renfrow & Renthin-Masham complex, both Class III. This land lays mostly level & is easily tilled. Access is by blacktop road along the N. side & by rocked county road on the W. Be sure to take a look! '18 Taxes: were approx. $595.00. Legal Description: NW/4 of Sec. 35, Twp. 21 N, R4 W.I.M., Garfield Co., OK Farm #2 (160 +/- Acres): Joins Farm #1 on the S. (along 186th St.). Please see Farm #1 for F.S.A. information. There appears to be 127.39 +/- acres of cropland on this SW/4. Principle soil types of the cropland include Kirkland & Tabler silt loams, both, Class II; & Kirkland-Renfrow complex, Class III. Again, cropland lays mostly level & is easily tilled. The balance of the land is grass pasture (fenced) & there are 2 ponds. '18 Taxes: were approx. $582.00. Legal Description: SW/4 of Sec. 35, Twp. 21 N, R4 W.I.M., Garfield Co., OK General Statements Order of Auction: Farms will be offered individually, & together. '19 Taxes: will be prorated to day of closing. Minerals: Do not sell. Crop: Currently not planted. Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, at closing. Registration: All bidders are required to register with valid form of ID and acknowledge and 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, crop base, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Vicki Wiggins Allen, Auction Manager, at (580) 554-4400 for any additional information you may need. Visit www.wigginsauctioneers.com for full terms, details, photos, & online bidding! Sellers: Family of George and Mary Franz
By accepting terms and conditions, I hereby certify that: 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, and valid ID. 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 accept by electronic means, and that the electronic acceptance shall have the same force and effect as an original acceptance.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
10% down, balance due at closing.
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