, Ringwood, OK (Major County)

This 120 +/- acres is located along the Ames/Ringwood blacktop 5 miles south of Ringwood. This land offers excellent home site and investment opportunity to the new owner. In addition to a good perimeter fence, it has a water well, electricity, an older set of corrals, a few acres of native timber, and a small stock pond on the north portion of the land. According to the F.S.A. there are 114 acres established to grass and enrolled in the CRP Program with an annual contract payment of approximately $4,192.92 or $36.78 per acre. There are 6 years left in the program with the final payment in 2013. Principle soils types are Pratt Loamy Fine Sand, Class III; Nobscott Fine Sand, Class IV; and a very small amount of Nobscott Fine Sand, Class VI in the SW/C.

E/2 NE/4, E/2 W/2 NE/4 in Sec. 15, Twp. 21 N, R 10 W.I.M., Major Co., OK

Possession: Will be given upon payment in full of the purchase price and transfer of title, subject to the CRP Contract.

Order of Auction: This land will be offered in two 60 acre tracts (a north 60 & a south 60), then together as a whole.

Taxes: The 2007 taxes were approx. $253.49.

Minerals: Do not sell.

Terms: 10% of the purchase price is to be placed in escrow the day of the 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, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising.