6/16 150 +/- Ac. Near Ringwood Jct., OK | Hwy Frontage

Auction in Ringwood Community Building, 314 N. Main St., Ringwood, Oklahoma, United States

16 Wednesday
16th June, 2021

6/16 150 +/- Ac. Near Ringwood Jct., OK | Hwy Frontage

Auction in Ringwood Community Building, 314 N. Main St., Ringwood Oklahoma, United States

Wednesday at - 16th June , 2021

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Notes

1.I acknowledge that I have received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. 2.I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction.3.I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract.4.I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing.5.I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding.6.I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract.7.I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising.8.I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
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Description

150 +/- Acres Near Ringwood Jct. (Offering Four Tracts) | US 60 & SH 58 FrontageExcellent Commercial Location | Beautiful Home Sites | Good Sm. Grain/Livestock Land Outstanding Hunting | Ringwood Area, Major Co., OKAUCTIONWednesday June 16, 2021 10:00 a.m.Auction Location: Ringwood Community Building, 314 N. Main St., Ringwood, OKMain Features-Located at the NW/Corner of the Intersection of US 60 & SH 58 (Ringwood Jct.) -Excellent Commercial Location-High Traffic Count * Excellent Signage -Beautiful Home Sites -70 +/- Acres of Blackjack Timber (Excellent Wildlife Habitat - Deer, Turkey, ,Pheasant & Quail)-Land has not been Planted for the Last Several Years but Carries a Base & Yield (According to the F.S.A. there are 74.32 +/- acres of cropland with a full wheat base & a 27 bu./ac. PLC yield)-Soil Types of Cropland Include - Meno & Dirby loamy fine sand, and Burford loam, all Class III; and Quinlan loams, Class IV -Ringwood School DistrictTracts Offered & Order of Auction (Each Tract has a Nice Combination of Grass/Cropland & Blackjack Timber) Tract #1 (36.6 +/- Usable Acres) described as the SW/4 of the SE/4 Less Hwy; Tract #2 (32.7 +/- Usable Acres) described as the SE/4 of the SE/4 Less 1.33 +/- acres & Less Hwy; Tract #3 (38.8 +/- Usable Acres) described as S/2 N/2 SE/4; & Tract #4 (38.8 +/- Usable Acres) described as the N/2 N/2 SE/4. Order of Auction: Tracts will be offered individually and in combinations to suit buyers. General StatementsLegal Description for Entirety: SE/4 of Sec. 10, Twp. 22N, R10 W.I.M., Major Co., OK, Less & Except a 1.33 +/- acre tract in SE/corner & Less & Except that portion thereof previously conveyed for hwy use. '20 Taxes for Entirety: were approx. $191.00. The 2021 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, at closing. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. Terms: 10% of the purchase price is to be placed in escrow 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, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Auction Managers, Perry Wiggins/Vicki Wiggins Allen, at 580.541.7941/580.554.4400 for any additional information you may need. Visit wigginsauctioneers.com for terms, details, photos, & online bidding! Seller: The Vonda L. Ruth Rev. Living Trust% Ray L. Ruth

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