160+/- Acres Major County Farmland Cleo Springs Area
AUCTION
Friday October 11, 2013 10:00 a.m.
Auction Location: Fairview Community Center, Meeting Room on E. Side, 206 E. Broadway, Fairview, OK
This 160 +/- acres is located from the Jct of US 412 & Hwy 8 S. of Cleo Springs, OK, go 4 mi. E. on 412, then 3 mi. N. to NW corner of the property. Legal: NW/4 34-23-11, Major Co., OK. This is a great opportunity to expand your farming operation. There is irrigation all around the property and it looks like a suitable candidate for that purpose. There are only a few trees to be removed and the property is in a no-till program from fence to fence. Minerals: Sellers share of the minerals will be offered immediately following the surface. Seller believes he owns all the minerals and that they are open and ready for lease. Taxes: 2012 taxes have been paid and the 2013 taxes will be prorated to...
This 160 +/- acres is located from the Jct of US 412 & Hwy 8 S. of Cleo Springs, OK, go 4 mi. E. on 412, then 3 mi. N. to NW corner of the property. Legal: NW/4 34-23-11, Major Co., OK. This is a great opportunity to expand your farming operation. There is irrigation all around the property and it looks like a suitable candidate for that purpose. There are only a few trees to be removed and the property is in a no-till program from fence to fence. Minerals: Sellers share of the minerals will be offered immediately following the surface. Seller believes he owns all the minerals and that they are open and ready for lease. Taxes: 2012 taxes have been paid and the 2013 taxes will be prorated to the date of closing. The estimated 2013 taxes are $411.10. FSA Info: According to the Major Co. FSA, there is a 153.2 acre wheat base w/ a 36 bushel per acre yield. FSA also reports that there are no wetlands on this farm. Possession: Possession will be given upon signing the purchase contract and acceptance of the escrow deposit for only the purpose of tilling 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. Terms: 10% down w/balance due on delivery of merchantable title. Announcements made day of auction take precedence. Jeff Crissup, Auction Mgr, (580) 541-9246.
SELLER: Gary E. Swiggett
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