160± ACRES * LOGAN COUNTY, OKLAHOMA * MULHALL AREA
GRASS PASTURE * PONDS * TIMBER * RECREATION * CATTLE FARM
Thursday JUNE 6, 2019 10:00AM
AUCTION LOCATION: ON SITE Broadway & E 0660 Rd Mulhall OK 73063
Directions to Farm: From the intersection of Hwy 51 & 77 (north of Mulhall, Oklahoma), go south on Hwy 77, 4 miles to CR 66, then 3.5 miles west to the property
This farm is comprised of approximately 160 acres more or less. The farm is in good native grass land providing very good cattle pasture grazing. There is some timber and sand plum thickets throughout the farm with a 2- ponds, and creek in the southern central area of the farm. The farm has very good perimeter fencing with steel corners and gates. Access is by good county roads on the south and west side of the farm. Electric power is also located on the south side of the farm. The Logan county rural water district has a line running east and west on the south side of the CR 66 which is located on the south side of this farm.
Principal soils are: Zaneis loam, 1-3% slopes, class II & III; Renfrow Silty Clay Loam, 3-5% slopes, class III; Kirkland Silty Clay, class III; Renfrow Silty Loam, 1-3% slopes, class III; Coyle Loam, 3-5% slopes, class IV; Coyle and Zaneis soils, 3-5% slopes, class VI
Legal Description: SW/4 of Section (1), Township (18) North, Range (3) W.I.M. Logan County, Oklahoma
Taxes: $219.00 and will be prorated to day of closing
Possession: will be August 1, 2019
Minerals: Selling surface rights only
Preview: Preview on your own during daylight hours.
Pre Bids: No prebids will be accepted on this property.
Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of signal by either side.
Terms: 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 financing must be in order prior to bidding. Sale is subject to confirmation by the Discretionary Committee!
Disclaimer: 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. Any announcements made the day of the auction will supersede all advertising.
SELLER: TRUST COMPANY OF OKLAHOMA, TRUSTEE OF THE COBB 2005 REVOCABLE TRUST