9/7 Reames Auction

160 ACRES * MAJOR COUNTY * ISABELLA/OKEENE OKLAHOMA AREA * CROPLAND * HOMEABSOLUTE AUCTIONNO RESERVEWEDNESDAY SEPTEMBER 7TH 10:00AMAUCTION LOCATION: Onsite, 260535 CR 57 Isabella, OklahomaDirections to the Farm: From Okeene, OK. go 5 miles north to 570 RD, then 2 miles west or from the intersection of Hwy 58 & 8 (9 miles south of Ringwood, OK) go 6 miles south, then 2 miles west.This Centennial nice quarter section of land consists of approximately 160 acres more or less. According to the county FSA office there is 150.14 DCP crop acres with 147.69 wheat base and 37-bushel yield. The balance of the farm is in grass pasture, creek, trees and home improvement. The home consists of approximately 1,276 Sq. Ft. (3-bedrooms, 1-bath), metal roof, vinyl siding & windows, dual pack CH&A and is currently rented for $450.00 per month. The lease on the home is a month-to-month lease and can be viewed on our website www.lippardauctions.com under documents. There are also 2-carports and 2-small storage buildings. This farm carries very good soil types including: McLain Silty Clay Loam, 0-1% slopes, class I; Canadian Fine Sandy Loam, 0-3% slopes, class I; Reinach Very Fine Sandy Loam, 0-1% slopes, class I; and Port Silt Loam, 0-1% slopes, class IILegal Description: NE/4 of 27-20N-11 W.I.M. Major County, OK.Taxes: $914.00Possession: will be given immediately following the signing of the purchase contract on the land and subject to the existing lease on the home which is a month-to-month.Previewing the home and farm: Previewing the land can be done during daylight hours. The home will require some notice to be shown by appointment only.Pre-Auction Offers: No pre-auction offers will be accepted prior to auction date.Minerals: Selling surface rights onlyInternet Bidding: will be available by clicking online bidding link to register. Neither the Auction Company nor the Seller is responsible in the event of loss of internet signal by either side.Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance due at closingDisclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in order prior to bidding. Any announcements made the day of the auction shall supersede all marketingSELLER: LINDA REAMES