159 +/- Acres Crop/Grassland * Major County
120+/- Undivided Producing Mineral Acres * Lots/Minerals in Aline, OK
AUCTION
Friday * April 20, 2012 * 10:00 A.M.
Auction Location: Aline Senior Center, 412 Main St., Aline, OK
Directions to Property: 3 Miles West of HW/8 on Aline blacktop, 3 Miles South, & ½ Mile West
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Land: Northwest Quarter (NW/4) of Section Twenty-One(21), Township Twenty-three(23) North, Range Twelve(12)W.I.M., Major County, OK containing approx. 159+/- acres(Surface Only) The farm consists of plains blue stem, gamma, buffalo grasses for grazing. Plum thickets & scattered cottonwood, cedar, elm & locust trees make good coverage for quail, turkey, & deer. The farm has 4&5 wire perimeter fences, cross fences & a windmill. Soil types are Devol sandy loam & Eda loamy fine sand. FSA info: approx 58.9 acres cropland, 58.8 acre wheat base, 39 bushel per acre average yield. 2011 taxes were $192.59.
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Minerals: 3/4 Undivided Mineral Acres (approx 120) will be sold separately. There is a producing well, Wichert 1-21. Chesapeake Operating, Inc. is the operator. Royalty Income on the 120 undivided acres from June 2009 thru October 2011 was $6,211.74. Royalty Interest: .03515625 Production Zone: Mississippian-Oswego Spacing: 640
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Aline Lots: Lots 2 thru 9 & Lots 16 thru 24, Block 54; Lots 1 thru 6 & Lots 17 thru 24, Block 41 all in original town of Aline, Alfalfa County, OK. These lots are currently planted to wheat & are located South of Aline Elevator. 2011 taxes were $25.86
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Lots 21 thru 24, Block 42 original town of Aline, Alfalfa County, OK. 2011 taxes were $14.41.
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Minerals: ¾ Undivided Mineral Interest for the above lots in Aline, OK will be sold separately after the lots sell.
Terms: 10% down day of auction w/balance due on delivery of merchantable title. All info is taken from sources believed to be reliable; however no guarantee is made by the auction co. or its employers. Buyers should satisfy themselves as to the size, condition, mineral & surface acres, boundaries, oil & gas leases, oilfield, electric, pipeline, & other easements prior to auction day. Any announcements made the day of the auction supersede all advertising. Taxes: 2012 prorated to closing. Minerals: Title will transfer by quit claim mineral deed. Possession: Upon payment of purchase price & transfer of title, subject to existing agricultural lease ending July 1, 2012, or when crop is harvested.
Contact: Gary Robison 405-880-1470, for info & pictures visit wwwrobisonauctions.com.
Sellers: Lawrence & Pauline Barrows Estate