Tract 2: 184 Acres

Tract # 2 Legal Description: NE/4 of Section (30), Township (29) North, Range (9), and approximately the East 27± acres in the NW/4 of (30), Township (29) North, Range (9), W.I.M. Alfalfa County, OK. Taxes: This tract is combined with the NW/4 and total taxes are $602.55 Directions: Joins Tract # 1 on the south. This tract consists of approximately 184± acres of land. This tract does have an existing CRP contract that is combined with Tract # 4 that can be split apart if tracts sell individual. The contract has 245.4 acres with a $39.06 rental rate with an annual payment of $9,585.00. According to the Conservation office this contract can be bought out for $21,595.00. This tract consists of mostly native grass, and creek. This tract does have a 12” irrigation water well tested 800 gpm with a diesel engine and pump (pump/engine poor cond.). There is a 10” water line coming from this well that feeds the 13 stand Valley pivot on Tract # 1 and a line that is also a feeder for this tract. There is also 5” water well in the NE/corner (no pump). Under documents button. Access is by good county road. Land Preview: You may view the land on your own during daylight hours. Neither seller nor the Auction Company is responsible in the event you have an accident during preview! Seller has mowed place to drive, please stay on those areas to prevent a fire! Auctioneers Note: This land has been in the Barnard family with some of it being homesteaded. This property is all contiguous and will make a great land package and it could be generations before it might become available again. Be sure to view this property prior to bidding. The property offers excellent hunting for deer, turkey, quail, and pheasant and most of all it offers tremendous water for irrigation. The family had been selling water to drilling rigs from the main irrigation well and did receive $15,000.00 per month for 4 months. They have recently been contacted to provide more water. This is an excellent investment property! Possession: will be given at closing. Survey: If property is sold in individual tracts, seller will provide a boundary survey! Conservation Reserve Program (CRP): Buyers must stay incompliance with the existing CRP contract. Conservation Reserve Contracts are available on our website under the Documents button. www.lippardauctions.com Minerals: Selling surface rights only. Water: All information regarding water is located under the Documents button on our website www.lippardauctions.com Questions regarding the water, please contact the water resource board 405-530-8800 Internet Bidding: will be available by logging on to www.lippardauctions.com at least 48 hours prior to auction date to register. Reception in this area is very difficult! Neither the Auction Company nor the Seller is responsible in the event of loss of signal by either side. Terms/Conditions: 10% 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 has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding on the property. Any announcements made the day of the auction will supersede all advertising.