520 +/- Acres Pasture | Hwy 152 Frontage | 336 +/- Net Mineral Acres

Elk City/Sayre Area, Beckham Co., OK

AUCTION

Tuesday     September 18, 2018     10:00 a.m.

Auction Location:  Elk City Community Civic Center, 1016 Airport Industrial, Elk City, OK

LAND

Tract #1 (120 +/- Acres):  Located from the intersection of I-40 & Merritt Rd, 6 ½ miles S. to the NW corner of the property OR from the intersection of I-40 & Hwy 152, 8 ½ miles E. to the NW corner of the property. This land is comprised of native grasses, two ponds & trees for good livestock grazing & shelter.  It has a good perimeter fence & ¾ of a mile of Hwy 152 frontage for good access. 

Tract #2 (320 +/- acres): Located directly across Hwy 152 to the N. of Tract #1.  The farm consists of native grasses, a large metal corral, rural water & a 2775 sq. ft. shed w/ an attached 1350 sq. ft. lean-to.  Good fences surround three sides of the property & it has 1 mile of Hwy 152 frontage for easy access. 

Tract #3 (80+/- acres): Located directly E. of Tract #2.  The property consists of native grasses, tree lined draws, a pond & good fences on three sides.  The farm has ¼ mile of Hwy 152 frontage for good access. 

This land has beautiful views * Wildlife can be found throughout the property * All three tracts are ideal for livestock &/or potential home sites * Don’t miss out on this opportunity to purchase a beautiful property with paved road access & only minutes from Elk City or Sayre. 

Legal Descriptions: Tract 1 -N/2 NW/4, NW/4 NE/4 of Sec. 6, Twp. 9N, R 21 W.; Tract #2 - S/2 of Sec. 31, Twp. 10N, R21 W.; & Tract #3 - W/2 SW/4 of Sec. 32, Twp. 10N, R21 W; all in Beckham Co., OK. Possession:  is to be given upon payment in full of the purchase price & transfer of title, at closing.  Taxes:  Prorated to day of closing.  Terms:  10% of the purchase price is to be placed in escrow the day of 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.  Announcements made day of auction take precedence.   

MINERALS

336 +/- acres of open & producing minerals in, under & to Sections 2-9-21; 6-9-21;  31-10-21; 32-10-21; 6-9-22; 7-9-22; 18-10-22; 2-9-23; 11-9-23; 34-10-23; 9-10-21; & 33-11-22;  all in Beckham Co., OK.  Minerals will be sold in 10 tracts, differing sizes from 5 +/- acres up to 70 +/- acres.  Please watch our website & future ads for more details.  Possession:  is to be given upon payment in full of the purchase price & transfer of title, at closing. Terms & Conditions:  A 10% Buyer’s premium will be added to the high bid in the auction to determine the purchase price of each tract. 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, at closing. Buyers will have 20 days to examine the county records & satisfy themselves as to the title. Title will transfer by Limited Warranty Deed. 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, production, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising.  On-Line Bidding available at www.wigginsauctioneers.com!  Contact Adam Martens, Auction Manager, at (580) 744-0194 for any additional information you may need.  Visit www.wigginsauctioneers.com for aerial photos & pictures!

Seller:  Sears Family