THIS IS A COMPLETED SALE
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8/15 80 +/- Ac. | Cropland | CRP | Creek | Wildlife | Grant
Previous Page Listing ID#: 1534091
Auction Location |
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Lamont, OK 74643 |
Auction Dates and Times |
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Tuesday Aug 15, 2023 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Wiggins Auctioneers Website: www.wigginsauctioneers.com/ GoToAuction.com ID#: 4345 View company information and listings |
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Listing Terms and Conditions |
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1. I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com.
2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction.
3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract.
4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing.
5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding.
6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract.
7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising.
8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
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Listing Information |
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80 +/- Acres | Productive Cropland | CRP Income | Creek | Wildlife
Lamont, Salt Fork, Billings, Garber Area, Grant Co., OK
AUCTION
Tuesday - August 15, 2023 - 10:00 a.m.
Auction Location: Legion Hut, � Block W. of State Exchange Bank on Madison, Lamont, OK 74643
Land Location: Located from the Jct. of US 60 & SH 74 (SW of Lamont), go 6 miles S. on SH 74, then 4 miles E. on Union Rd. (good, rocked road)
- 78.05 acres of cropland with a 35.91 acre wheat base and a 37 bu./ac. PLC yield, of which 42.14 acres is currently enrolled in CRP with an annual payment of $1,586.00/year, which expires 9/30/2031
- Principal soil type of the land presently cultivated is mostly Kirkland silt loam, Class II
- Abundant wildlife is in the general area
- Creek & tall grass provide wildlife habitat & hunting potential
- If you are wanting to expand your sm. grain/livestock operation and while having some return from CRP, this farm is one to consider!
Legal Description: S/2 SW/4 of Sec. 34, Twp. 25N, R3 W.I.M., Grant Co., OK '22 Taxes: were approx. $103.00. The '23 taxes will be prorated to the day of closing. Crop: Does 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 presently in cultivation 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 by fault of Seller, 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, subject to the existing CRP contract. Buyer agrees to assume and complete the CRP contract as described above and will be solely liable for any penalties or payback for failing to do so. Seller shall retain all CRP payments due and payable for the contract year ending September 30, 2023, and all prior payments. Buyer shall be entitled to all payments for the contract year ending September 30, 2024, and any future payments. Minerals: Do not sell. 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, condition, etc. prior to auction day. Announcements made day of auction take precedence.
Contact Vicki Wiggins Allen, Auction Manager, at 580.554.4400 for any additional information you may need. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding!
Seller: Rachel (Bobbitt) Jackson and Ruth (Bobbitt) Inman
1 80 +/- Ac. | Cropland | CRP | Creek | Wildlife 80 +/- Acres | Productive Cropland | CRP Income | Creek | Wildlife Lamont, Salt Fork, Billings, Garber Area, Grant Co., OK AUCTION Tuesday - August 15, 2023 - 10:00 a.m. Auction Location: Legion Hut, ½ Block W. of State Exchange Bank on Madison, ... |
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