Helena, OK 73741 - Alfalfa County

400 Acres - Productive Small Grain/Livestock Land - Hunting Potential

Goltry/Helena Area, Alfalfa Co., OK

AUCTION

Thursday October 15, 2015 - 10:00 a.m.

Auction Location: Helena Senior Citizens Building, Main Street, Helena, OK

Farm #3 (80 Acres): This small grain/livestock farm (with hunting potential) is located southwest, across the road, from Farm #2. According to the Alfalfa Co. F.S.A., there are 51.78 acres of cropland with a 51.1 acre wheat base and a PLC yield of 31 bushel per acre. Principle soil types of the cropland include: Grant silt loam & Port silt loam, both Class II; Grant silt loam, Class III; and Grant-Nash complex, Class IV. The balance of the land is in native grass pasture, live creek and scattered timber.

Legal Description: E/2 NE/4 35-24N-10W Alfalfa Co., OK.

14 Taxes: Were approximately $151.00.

General Statements:

15 Taxes: The 2015 taxes are to be prorated to the day of closing.

Minerals: Do not sell.

Crop: Does not sell.

Possession of the Cropland: Is to be given upon payment in full of the purchase price and transfer of title, at closing; subject to the existing agricultural lease which expires upon completion of harvest of the 2015-2016 wheat crop or July 1, 2016, whichever is later.

Possession of the Grassland: Is to be given upon payment in full of the purchase price and transfer of title, at closing; subject to the existing agricultural lease which expires July 1, 2016.

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 auction supersede all advertising.

Sellers: Dorotha Woodford, Sylva L. Rhodes & The Heirs of Robert Carter (Virginia Palmer, Linda Ging & Katherine Cutright)