8-13 Dotter

NOTE: This is an auction. The above mentioned "For Sale" price is not an asking price but rather, a SUGGESTED OPENING BID. 152.5 +/- Acres | Good Livestock/Recreational Land Cropland, Native Grassland, & Spring Fed Pond | Hunting Potential Okeene/Lacey/Loyal Area, Kingfisher Co., OK AUCTION Tuesday – August 13, 2024 - 10:00 A.M. Auction Location: The Garage @ the Corner Event Center, 101 N. Main St., Okeene, OK 73763 Land Location: From the intersection of SH 51 & the Loyal Blacktop/NS 2700 Rd. (7 miles E. of Okeene @ Mac’s corner), 3 miles S. on the Loyal Blacktop, then ½ mile W. on E. 650 Rd. • Excellent farm for livestock production & recreation • According to the Kingfisher Co. F.S.A., there are 124.43 acres of cropland with a 114.40 acre wheat base & a 27 bu./ac. PLC yield • Principal soil types of the cropland are Renthin clay loam & Kingfisher silt loam, both Class III • Balance of the land is in native grassland & timber, a spring fed pond, & creek tributary • Good perimeter fencing & cross fencing • Abundant wildlife in the area with nearby Cimarron River & Salt Creek • Good shale & county road access, just ½ mile from blacktop • Be Sure to Take a Look! • Note: Oil field location in process of being cleaned up Legal Description: E/2 SW/4 & Lots 3-4 of Sec. 31, Twp. 19N, R9 W., Kingfisher Co., OK Taxes: The 2023 taxes were approx. $343.00. The 2024 taxes will be prorated to day of closing. Minerals: Do not sell. Possession: With property indemnification, and upon signing the purchase contract and acceptance of the escrow deposit the Buyer will have permission to till the soil as is necessary for conserving moisture and for preparing for and for planting a wheat crop. If for any reason this agreement does not close, the Seller shall pay the Buyer the customary rate as recommended by the O.S.U. Extension Service for any tilling or planting which Buyer may have done, and Buyer shall immediately relinquish possession to Seller and neither party shall be liable to the other for any further damages. Complete possession is to be given upon payment in full of the purchase price and transfer or 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, size, condition, etc. prior to auction day. Announcements made day of auction take precedence.