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75 +/- Acres !

Wednesday, November 10, 2010  |  10:00 AM Central
Auction closed.
Internet Premium: 1%
See Special Terms for additional fees
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Description:

Carrier Area * Garfield County, Oklahoma
Information & Special Terms
Internet Premium: 1%
Payment Options: Check and Wire Transfer
Payment Instructions: Please contact the auction house for payment instructions. Personal or Business Checks will need to accompany a Bank Letter of Guarantee. Internet bidders will need to register with the auction company 2 or more days prior to the auction event. Wiggins Auctioneers require a $50K 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.
Currency Type: USD
Shipping Instructions: N/A
Preview Date & Times: This property may be previewed any time prior to the day of auction.
Checkout Date & Times: N/A
Location: Chisholm Trl Pavilion, Garfield Co. Fairgrounds, Enid, OK
Driving Directions:
Special Terms
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 toWiggins 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. AUCTION DAY ANNOUNCEMENTS Kenneth Lee and Glenda Mae Sweetwood, Trustees of the Kenneth Lee Sweetwood Family Trust November 10, 2010/Garfield Co., OK Legal Description: The East-Half of the Southeast Quarter (E/2SE/4) of Section Thirty-one (31), Township Twenty-four (24) North, Range Seven (7) W.I.M., Garfield County, Oklahoma, less and except two (2) tracts as described in Exhibit “A” and Exhibit “B” attached hereto. •Personal Property: Any chattel property, including, but not limited to, any livestock, livestock equipment, hay, electric fencing, or farm equipment is the property of the Seller and may be removed prior to the time of possession. •Crop: The 2010-2011 presently growing wheat crop and any F.S.A. payments for same transfer with the land. •F.S.A. Information: According to the Garfield County F.S.A., there 48.7 acres of cropland, of which 33.42 acres or more are presently established to grass, with a 42.4 acre wheat base and 32 bushels per acre yield. This information is provided as a courtesy of the Garfield County F.S.A. and is subject to change without notice. •Minerals: No minerals are being sold or transferred and the abstracts will exclude all mineral instruments. •Taxes: The 2009 property taxes were $148.00 and have been paid by the Seller. The 2010 taxes will be prorated to 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 agrees to purchase title as shown in the attached title insurance commitment, and shall have ten days from the delivery of title insurance commitment to seek legal counsel to review the title insurance commitment if desired, and to furnish additional title objections, if any. Title will transfer by Trustee’s Deed. Seller will make available to Buyer and Buyer may purchase an owner’s title insurance policy at closing. Seller shall pay the cost for the initial abstracting, title opinion, Commitment for title insurance, gap check and title curative cost, if any. Buyer shall pay any applicable title insurance premium and final abstracting costs. •Closing: Closing is to be on or by December 9, 2010, in accordance with the attached real estate purchase contract. The Closing Agent is Guarantee Abstract Company. The phone number is 580-237-5537. The closing/escrow fee is $300.00 per closing and is to be paid ½ by the Buyer and ½ by the Seller. Closing is to be at the offices of Guarantee Abstract Company, 217 W. Broadway, Enid, Oklahoma, 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. 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.
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75 +/- Acres!

Lot # 1 (Sale Order: 1 of 1)

75 +/- acres * located 3 west of Chisholm School on S.H. 45, then 3 north on Imo Rd.; OR 2 north of Carrier & 1 ¾ east * nice spring fed creek * excellent clear water pon...mored stocked for fishing * timber * cropland * pasture land * abundant deer, turkey, & predator * outstanding outdoor recreation and home sites * an ideal place for hunting, fishing, a quiet, fun filled family evening or weekend, and for full time family life in the country * possible landing strip along west side if wanted * excellent grazing, shelter, & water for a stocker calf or cow/calf operation * 10-15 minutes to most any area in Enid * Log on to www.wigginsauctioneers.com for pictures. Legal: E/2 of SE/4 of 31-24-7, Garfield Co., OK, less and except the home and approx 5 acres. Taxes: prorated to closing. Crops: sell with the land. Minerals: do not sell. Possession: upon payment in full of the purchase price and transfer of title. Terms: 10% down w/bal due on del. of merchantable title. Any announcements made day of auction take precedence. Seller: Kenneth and Glenda Sweetwood Trust

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