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Date: |
Friday, July 2, 2010 |
Time: |
10:00 A.M. |
Location: |
Meeting Room #1 in the Pavilion of the Chisholm Trail Expo Center, Garfield Co. Fairgrounds, 111 W. Purdue, Enid, OK |
| Sellers: |
Katherine L. Reynolds and The David H. and Helen Johnson Trust |
| Auction Manager: |
Perry Wiggins * 580-233-3066 |
This good 160 +/- acres is located 6 mi W. of Pond Creek (2 mi w. from the JCT of US 81 & US 64, OR 8 mi E. of Nash) then 1/2 mi south. This land appears to have 115 acres of cropland. According to the FSA, it is in an FSA unit which includes the NW/4 of 11-25-7 and has a total of 269.1 acres cropland with a 239.2 acre wheat base and 37 bushels per acre yield. The unit also has a 12.8 acre grain sorghum base with a 38 bushel yield and an 8.1 acre Barley base with a 42 bushel yield. Principle soil types of the cropland are Pond Creek silt loams, Class I & II; and Grant and Kingfisher loams, Class II. The balance of the land is in native grass pasture.
Legal Description: SE/4 of 11-25-7, Grant Co., OK
Minerals: an undivided 1/2 of the minerals and mineral rights in and under the SE/4 and the NW/4 of 11-25-7 will be auctioned following the auction of the surface. The minerals are currently not producing and appear to be open for lease.
Crop: does not sell.
Taxes: will be prorated to closing.
Possession: upon payment in full of the purchase price and transfer of title OR August 1, 2010, whichever is later.
Terms: 10% down with bal due on del. of merchantable title. Announcements made day of auction take precedence. Can’t attend? Log on to www.proxibid.com/wiggins for live internet bidding. Call the auction co. at least 2 days prior to auction day to register for on-line bidding.
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