Internet bidders will need to register with the auction company 2 or more days prior to the auction event. Wiggins Auctioneers require a bank letter of guarantee and the contact information for the registering bidders financial institution. Bank Letter of Guarantee can be faxed to Wiggins Auctioneers, LLC at 580-237-4915. Specific requirements can be waived for individuals that are already established customers with Wiggins Auctioneers L.L.C., by contacting the auction company. Neither the auction company nor the seller(s) are responsible for loss of internet signal. A 10% down payment will be required from any winning bidder, immediately following the auction event. These funds shall be wire transferred to Wiggins Auctioneers Trust Account at the Central National Bank and Trust Company in Enid, OK. Specific routing numbers and details will be given to the winning bidder immediately following the auction event. A 1% buyers premium will be added to the high bid to establish the total purchase price. Buyer shall provide the balance of the full purchase price and Seller shall provide merchantable title to the Buyer at the time of closing, within approximately 30 days, according to the Terms and Conditions of the purchase contract. Any information contained in this site is subject to the terms and conditions of the PURCHASE CONTRACT. Contact the Auction Company for a copy of the purchase contract prior to auction. Any announcements made the day of the auction supersede all previous advertising Potential Buyers are encouraged to inspect the property prior to the auction, and to contact Wiggins Auctioneers with any questions related to the auction. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or it's employers. It is the buyers responsibility to satisfy themselves as to acreages, crop bases, etc.. prior to the day of auction. This sale is subject to confirmation by the seller. Seller expressly reserves the right to accept or reject any and all bids at the auction. Order of Auction: The tracts will be offered in the order as listed. The Auctioneer will recognize and announce the final bid on each tract. All final bid prices are subject to the sellers acceptance or rejection at the conclusion of the auction. This Property is being sold AS IS. AUCTION DAY ANNOUNCEMENTS - SURFACE Irene Vaverka Boucher March 23, 2012/Kingfisher County, OK • Legal Description: The West Half (W/2) of the East Half (E/2) of the Northeast Quarter (NE/4) & the West Half (W/2) of the Northeast Quarter (NE/4) of Section Thirty (30), Township Nineteen (19) North, Range Five (5) West of the Indian Meridian, Kingfisher County, Oklahoma. • Personal Property: Any livestock, livestock equipment, hay, or farm equipment located on the land is the property of the Seller or Former Tenant and may be removed prior to the time of possession. • F.S.A. Information: According to the Kingfisher County F.S.A. there are approx. 75.3 acres of cropland with a 74 acre wheat base, and a 31 bushel per acre yield. NOTE: This information is provided as a courtesy of the Kingfisher County F.S.A. and is subject to change without notice. • Minerals: The Seller’s share of minerals in and under the Northeast Quarter (NE/4) of Section Thirty (30), Township Nineteen (19) North, Range Five (5) West of the Indian Meridian, Kingfisher County, Oklahoma will be offered separately from the surface. • Taxes: The 2011 taxes were approx. $200.00 and have been paid by the Seller. The 2012 taxes will be prorated to date of closing. • Possession: Possession will be given upon payment in full of the purchase price and transfer of title. • Terms: A 10% down payment will be required at the auction. You may use a personal check. Buyer will have 15 days after receiving the abstract within which to have an attorney or his/her choice to examine title. Title will transfer by Warranty Deed. • Closing: Closing is to be on or by April 23, 2012, or within ten (10) days after all title requirements, if any, are met, or within ten (10) days after Buyer passes title without requirements, or fails to make requirements within the time allowed. The closing agent is Solomon Abstract Company. The phone number is 405-375-4151. The closing fee is $300.00, paid one-half (1/2) by the Buyer and one-half (1/2) by the Seller. Closing is to be at the offices of Solomon Abstract Company, 114 E. Miles, Kingfisher, OK, unless parties agree to another place of closing. • Survey: Seller is not obligated to furnish Buyer a survey of the subject property; if Buyer desires a survey, it shall be at Buyer’s sole cost. __________________________________________________________________________ AUCTION DAY ANNOUNCEMENTS - MINERALS Irene Vaverka Boucher March 23, 2012 • Legal Description: An undivided One Half (½) of the minerals and mineral interest (80 net mineral acres) in and under the Northeast Quarter (NE/4) of Section Thirty (30), Township Nineteen (19) North, Range Five (5) West of the Indian Meridian, Kingfisher County, Oklahoma. • Current Production: The Vaverka No. 30-1 and 30-2 • Royalty Interest: R.I. .0625 plus O.R.I. .0273438; Total .0898438 • Spacing: 160 acre • Royalty Income: Seller’s net revenue for 2011 was approx. $1,757.16 for Gas & $906.89 for Oil • Operator & Purchaser of Gas: PVR Midstream, LLC, 5215 N. O’Connor Blvd, Suite 1500, Irving, OK 75039, 972-367-2627 • Purchaser of Oil: Sunoco Partners, PO Box 5090, Sugar Land, TX 77487, 281-637-6358 • Terms: A 10% down payment will be required at the auction. You may use a personal check. Buyer will have fifteen (15) days within which to examine the county records and satisfy himself/herself as to title. Title will transfer by Quit Claim Mineral Deed. • Closing: Closing is to be on or by April 23, 2012. The closing agent is Solomon Abstract Company. The phone number is 405-375-4151. The closing fee is $300.00, paid one-half (1/2) by the Buyer and one-half (1/2) by the Seller. Closing is to be at the offices of Solomon Abstract Company, 114 E. Miles, Kingfisher, OK, unless parties agree to another place of closing. ___________________________________________________________________________ Good Sm. Grain/Livestock Land * 120 +/- Acres Hennessey/Marshall Area, Kingfisher Co., OK Producing Minerals Date: Friday, March 23, 2012 Time: 10:00 A.M. Auction Location: The Hennessey Event Center, 120 S. Main St., Hennessey, OK (next door S. of Turkey Creek Mercantile) Seller: Irene Vaverka Boucher Auction Manager: Vicki Wiggins Allen * 580-554-4400 120 +/- acres * Located from Jct. SH 51/US 81 in Hennessey, 7 ½ miles E. on SH 51, 1 mile S., & 1/8 mile W. * 47.2 +/- acres of cropland (currently established to grass) * 46.2 acre wheat base * 31 bushel per acre yield * balance in good grass pasture * nice size pond * sm. stock pond * old home site with electric & water well * rural water available Legal Description: W/2 E/2 NE/4 & W/2 NE/4 30-19-5 W.I.M., Kingfisher Co., OK ‘11 Taxes: approx. $112.44 Crop: N/A Possession: upon payment in full of the purchase price and transfer of title. Producing Minerals: Will be auctioned immediately after the surface * Seller appears to own 80 +/- net mineral acres * PVR Midstream, LLC * Vaverka #30 * RI .08984380 * Annual Net Revenue for 2011 was $1,757.16; Sunoco Partners * Vaverka #30-1 & Vaverka #30-2 * RI .0625000 plus ORI .02734380 * Annual Net Revenue for 2011 was $906.89 * Mineral research incomplete, watch for possible changes. 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 the auction supersede all advertising. Can’t attend? Log on to www.proxibid.com/wiggins for real time internet bidding. Internet bidders need to register with the auction company at least 2 days prior to the auction. -------------------------------------------------------------------------------- Wiggins Auctioneers: One Grand Center, 201 N. Grand, Ste 600, Enid, Oklahoma 73701 Phone: (580) 233-3066 or (800) 375-3773 info@wigginsauctioneers.com © Copyright 2007-2008. Wiggins Auctioneers L.L.C. All Rights Reserved.