Lot # : 6 - E58 acres in E2 of SW4 20-15N-8W Kingfisher Co OK

TRACT 6 Legal Description: E/58 acres in E/2 of SW/4 of Section (20), Township (15) North, Range (8), W.I.M. Kingfisher County, Oklahoma Directions to Farm: From Okarche, OK. (stoplight), go west 5 miles to CR N2770, then 2 mile north, ½ mile west Taxes: $97.00 This tract consists of approximately 58 acres more or less. According the county F.S.A. office there is 24.01 DCP crop acres with 21.0-acre wheat base and 42-bushel yield. The balance is in grass pasture, and pond. This tract does have Okarche rural water, set of corrals, older windmill, auto-water, perimeter fence with exception to small portion from corrals headed north and access is by good county roads. Principal Soils: Bethany Silt Loam, 0-1% slopes, class II; Renthin Clay Loam, 1-3% slopes, class III; Kingfisher Silt Loam, 3-5% slopes, class III; Grainola-Ashport, 0-12% slopes, class IVProperty Viewing: Appointments must be made to view the home. Land can be viewed during daylight hours only. Do Not drive on any cropland! Pre-Auction Offers: No offers will be accepted prior to the day of auction. Minerals: Selling surface rights only Possession: will be given after the harvest of the existing crop or July 1, 2021 whichever is later. Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of signal by either side. Pre-bids left via the internet are neither entertained nor accepted until the live auction opens the day of the live auction. Terms/Conditions: 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 all inspections prior to bidding. All financing must be in order prior to bidding. Any announcements made the day of the auction shall supersede any comments or advertising. Transmission Easement on Tracts 3-6: The Sellers had previously granted an electric transmission line easement for a transmission line in favor of Traverse Wind Development, LLC. Said line will be installed at a future date and the BUYER’s purchase of the real property will be subject to the terms of the grant and any damages that may result from the installation of the electric transmission line, poles and appurtenances. Seller will be retaining all damage monies associated with the installation of the electric transmission line project. The Memorandum of Transmission Easement Agreement is recorded in the records of the Kingfisher County Clerk at Book 3332, Page 590. This Easement affects Tracts 3,4,5 & 6. Estimated Installation is later 2021.