160+/- Acres - Outstanding Sm. Grain/Livestock FarmAlva/Hopeton/Avard Area, Woods Co., OK AUCTIONThursday - September 10, 2015 - 10:00 a.m.Auction Location: The Runnymede Hotel | 402 4th Street, Alva, OK (Corner of Flynn & 4th Street)This highly productive 160+/- acres is located, from the south edge of Alva (Western Equipment), 2 miles south on US 281, 2 miles west on Greer Road, then 1/2 mile south on County Road 420 to the northeast corner of the property. The land is located within 5 minutes of Alva. According to the Woods County F.S.A., there are 137.4 acres of cropland with a 137.1 acre wheat base and a PLC yield of 38 bushel per acre. The balance of the land is in grass pasture, a small portion of a creek, a small pond, pond development potential, if desired, scattered timber and a grassed waterway. The principle soil type of the cropland is: Tillman silty clay loam, Class II; with smaller amounts of Lovedale fine sandy loam, Class III; Vernon-Knoco complex, Class IV; and Burford silt loam, Class VI. Improvements include a windmill and water well. Be sure to take a look! Legal Description: The SE/4 of Section 9, Township 26N, Range 14 W.I.M., Woods Co., OK. '14 Taxes: Were approximately $364.00. The 2015 taxes are to be prorated to the day of closing. Minerals: Do not sell. Crop: The landlord's share (40%) of the crops, according to the current agricultural lease, are being sold and transferred with the surface. Possession: Is to be given upon payment in full of the purchase price and transfer of title, at closing; subject to the existing agricultural lease, which expires following the harvest of the 2015-2016 wheat crop. 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. Sellers: Brian "Cole" and Angela Huffaker
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