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United Country Lippard Auctioneers, Inc.
1006 N 6th
Farm Land Auction
1:00 PM Monday November 24, 2008 in Kingfisher OK, USA 73750 Google Maps
Weather for Kingfisher OK
Online Bidding:
Directions:

DIRECTIONS TO TRACT 1-4:  From the intersection of Hwy 81 and Redfork in Dover, OK.  Go 3 miles West then turn South and go across the Cimarron River bridge then on E0720RD go West 5 miles then North 1 mile; from the Loyal Coop in Loyal, OK go 3 ½ miles East then 1 mile North. 

SALE BILL

Tract 1

S/2 of the SE/4 28-18N-8W. 80 acres MOL. Class 1-2 soils, Milan Fine Sandy Loam, Bethany Silt Loam and Milan-Pawhuska complex. There are 80 acres of farmland according to the USDA Kingfisher County FSA: 75.4 of cropland, 75.4 of base with a 33 yield. There is also approximately 4 acres of timber and grass. Ag Lease: The term of this lease began on July 1, 2008 and will end June 30, 2009 or until lessee’s wheat crop for the 08-09 year has been harvested. The annual rent received will be prorated to the day of closing.

TAXES: $261.48 for 2007

Seller: Marilyn Hubbard Trust U/A DTD November 7, 2006, Sherry Hubbard Trustee, BancFirst as Agent to the Trustee.

Tract 2

NE/4 of 33-18N-8W, less two tracts of land.  154.33 MOL Class 2 soils, Milan Sandy Loam, Milan-Pawhuska Complex. There are 160 acres of farmland according to the USDA Kingfisher County FSA: 123.8 of cropland and 123.8 of base with a 31 yield. There is also approximately 36.33 acres of improved pasture. (Not included in Tract 2 are two tracts, one with 2.67 acres MOL with a home that is not offered and 3.0 acres MOL that is offered as Tract 3.) Ag Lease: The term of this lease began on July 1, 2008 and will end June 30, 2009. The second half of rental payment is due on or before January 1, 2009. The annual rent received will be prorated to the day of closing.

TAXES: $476.11 for 2007

Seller: Estate of Marilyn Hubbard, Sherry Kay Hubbard, Personal Representative, BancFirst as Agent to the Personal Representative.

Tract 3

A 3 acre tract of land MOL located in the NE/4 of 33-18N-8W beginning 1474.5’ South of the Northeast corner then South 425’ West 307.48’ then North 425’ then East 307.48’.

Class 2 Milan Fine Sandy Loam.

TAXES: $40.70 for 2007

Seller: Marilyn Hubbard Trust U/A DTD November 7, 2006, Sherry Kay Hubbard Trustee, BancFirst as Agent to the Trustee.

Tract 4

SE/4 of 33-18N-8W. 160 acres MOL. Class 1-2 soils, Milan Fine Sandy Loam and Milan-Pawhuska Complex. There are 160 acres of farmland according to the USDA Kingfisher County FSA.: 91.4 of cropland with 88.3 base, 33 yield. There are approximately 69 acres of native pasture and improved grass. Ag Lease: The term of this lease began on July 1, 2008 and will end June 30, 2009. The second half of rental payment is due on or before January 1, 2009. The annual rent received will be prorated to the day of closing.

TAXES: $458.84 for 2007

Seller: Garnet M. Jeffries Trust U/A DTD December 14, 1976, BancFirst Trustee

 

DIRECTIONS TO TRACT 1-4:  From the

intersection of Hwy 81 and Redfork in Dover, OK.  Go 3 miles West then turn South and go across the Cimarron River bridge then on E0720RD go West 5 miles then North 1 mile; from the Loyal Coop in Loyal, OK go 3 ½ miles East then 1 mile North. 

PROPERTY DESCRIPTION FOR TRACTS 1-4:

Approximately 400 +/- acres of good cultivated ground with improved grass and ponds. They all lay relatively well. These 4 tracts of land are located in adjacent, 1 mile North of a highway on a good county road. This land is shown to produce excellent wheat crop and hay production.  These tracts are in close proximity to each other and would be an excellent opportunity for wheat, hay and cattle operations.

 Tract 5

Lots 12 & 13, Block 7, Loyal Proper Addition, Loyal, Oklahoma, Kingfisher County.

A one story home located on a corner lot at the southeast corner of Main Street and Park Avenue, 960 sq. ft., 2 bedrooms, 1 bath,  single family dwelling. 12x12 1 car garage detached.

TAXES: $89.04 for 2007

Seller: Marilyn Hubbard Trust U/A DTD November 7, 2006, Sherry Kay Hubbard, Trustee, BancFirst as Agent to the Trustee.

 

Online Bidding:  Online bidders must register to bid at least 2 business days prior to the day of the auction. Neither Auction Company nor seller is responsible for loss of internet connections.

POSSESSION: See Ag lease per tract. On the home in Loyal, OK the possession is to be given at closing.

TAXES: 2008 taxes will be prorated to day of closing.

MINERALS: Surface rights only.

TERMS/CONDITIONS: There will be a 5% Buyer’s Premium. 10% down 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 to be reliable; however, no guarantee is made by the auction company nor their employer.  Buyers should satisfy themselves as to the condition, acreage, farm service records, etc. prior to the day of auction.  Any announcements made the day of auction supersede all advertising.

 

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AUCTIONEER'S NOTES

AUCTIONEERS NOTE:  It may be a lifetime before you can buy 400 acres this close together in this condition in Kingfisher County. This is a perfect set up for a land, hay and cattle operation. You don’t want to miss this sale! If you have any questions, please call Jerry Whitney @ 580-747-6705. www.lippardauctions.com



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