157± ACRES GRANT COUNTY LANDPOND CREEK * KREMLIN AREALAND AUCTIONMONDAY MARCH 12, 2012 10:00 AMAUCTION LOCATION: From intersection Hwy 81 & 64 (Four corners, north of Enid), go south 4 miles to Coal Rd, then 2 miles west to CR 860, Or from Hwy 81 and the Kremlin/Hillsdale turn off, go 4 miles north to Coal Rd, 2 miles west to property.This farm consists of approximately 157 acres more or less. According to the Grant County Farm Service Agency there are 108.6 DCP cropland acres with a 108.6 acre wheat base and a 37 bushel per acre yield. The balance is in good Jose wheat grass, and 2 ponds. The farm has new perimeter fence on 3 sides, excellent county rock road access, and rural water access. This is an excellent cattle farm! Preview on your own during daylight hours.Legal Description: SE/4 of 26-25N-7 W.I.M. Grant County, OK, less 3 acres previously reserved.Taxes: $381.56. 2012 taxes will be prorated to day of closing.Minerals: Do not sell.Soil Types: Bethany Silt Loam, class I, Kingfisher Silt Loam, class III; Grainola Silty Clay Loam, class III; Renfrow Silty Clay Loam, class III.Possession: will be given after the harvest of the existing 2012 crop and August 1, 2012 on the grassland.Internet Bidding: will be available by logging on to www.lippardauctions.com. Neither Auction Company nor Seller is responsible in the event of loss signal.Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All information is taken from sources believed reliable; however, no guarantee is being made the Auction Company or the Seller. Buyer should satisfy themselves as to any inspections prior to bidding. Any announcements made the day of the auction supersede all advertising.SELLER: TRAIL LAND & ROYALTY CO. LLC
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