WILLIAMS & WILLIAMS REAL ESTATE AUCTIONS

1,778+/- Acres in 12 Tracts in Decatur, AR Benton County

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Auction Info
Auction Date/Time:
Tuesday, October 8, 2019
at 7:00pm CDT
Auction Location:
On-Site or bid live from anywhere at auctionnetwork.com
Open Public Inspections:
Real Estate Broker Preview Tour: Thurs Sept 5, 12-4pm. Call 800.801.8003 to RSVP. Open to Everyone: 12-5pm Sunday, Sept 8, Sept 22 and Tuesday Oct 8

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Lot size per county records. AR Broker: Daniel Nelson Re Lic PB00069547 Whitetail Properties Real Estate LLC, Johnny Ball, Broker Re Lic PB00028421 Williams & Williams Mrktg Srvcs, Inc. Re Lic 00069547 Auctioneer: Thomas Edward Barnes Auc Lic 2340

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Property Type:
Land
Square Footage:
N/A
Lot Size:
1778.47+/- ac
Year Built:
N/A
Property ID:
355772
Live On Location
1,778.47+/- Acres In 12 Tracts
Decatur, AR 72722
Property Type:Land
Description:1778.47+/- ac
Bidding Closed
Auctioned
Property Video



Now Accepting Pre-Auction Offers

Tract 1 - 150.15+/- Ac

Tract #1 is located in the heart of Twelve Stones Ranch. A double-gated entry, ½-mile fence lined driveway with lush pasture covering rolling hills, makes the entrance truly unforgettable. The custom built shop is one of a kind. A beautiful 4-bedroom, 4-bath residence in the front, is perfect as a guesthouse or a permanent home. The 20,000 +/- sqft climate-controlled shop has endless possibilities that could include an equestrian center, equipment storage, warehouse, or recreation center. The facility has been used to host dinner parties for groups of over 150-people. No detail was missed nor expense spared in the design and construction of the shop and surrounding acreage. Tract #1 is a unique opportunity to live, work and recreate in the heart of Northwest Arkansas.

Click here for details or to register to bid online.

Tract 2 - 633.56+/- Ac

Tract #2 is one of the premier cattle ranches and recreational properties in all of Arkansas as well as the Midwest. The entire Cattle Operation has been designed to minimize animal stress while maximizing labor productivity and safety. The working facilities, pens and loading docks have the potential to flow large numbers of cattle on/off the property daily. Automatic waterers, cattle alleys, and the 450 acres +/- of grass (Bermuda and Fescue) make this property one of the most unique, well designed Cattle Operations in Arkansas. Tract #2 is a turnkey solution for someone looking to get into the cattle business or expand their current operation. In addition, fishing and hunting opportunities on the property make this Tract a premier recreational property as well.

Click here for details or to register to bid online.

Tract 3 - 161.75+/- Ac

Tract #3 is a turnkey Cattle Ranch with excellent grazing and hay production opportunities. The property includes 130 acres+/- of productive forage grass and 11 Poultry Houses. Six of the poultry houses were sub-leases as recently as 2016. The remaining houses have been used for hay storage, equipment storage and cattle barns during inclement weather. The possibilities with this property are endless. Poultry houses could be converted to permanent cattle barns, feeding facilities, or disassembled and sold for scrap. Access to Decatur water, natural gas and electric make Tract 3 a fantastic property for building a dream home and starting or expanding a cattle operation, with great access to year-round forage and water.

Click here for details or to register to bid online.

Tract 4 - 163.27+/- Ac

Tract #4 is a beautiful recreational/hunting property. Direct Access onto the property and power available in the interior of the acreage make this Tract an ideal location for a hunting cabin and recreational development. The timber has been thinned to create ample grazing and great shooting lanes. The Twelve Stones Ranch Team has managed this 160 acres +/- to maximize recreational opportunities. This tract is ideal for archery and modern gun hunting. The Whitetail population has been managed as part of the Arkansas Game & Fish Commission’s, DMAP Program for many years. You will love the chance to grow and hold mature Whitetails.

Click here for details or to register to bid online.

Tract 5 - 124.76+/- Ac

Tract #5 offers numerous potential building sites with the conveniences of city water, electric and natural gas as well as great hunting/recreational opportunities. The front pastures have been very productive at growing hay. 45 Bales +/- were cut during the first cutting, in 2019. The pasture grasses can be mowed to create a beautiful yard as well, or managed for hay production. The back half of Tract #5 consists of thinned timber, broad hilltops and deep valleys that create numerous funnels and pinch points. The eastern side of Tract #5 offers some of the best opportunities to grow and hold mature whitetails.

Click here for details or to register to bid online.

Tract 6 - 41+/- Ac

Tract #6 is the an ideal turnkey solution for someone interested in building their dream home, becoming a hobby farmer as well as having access to your own private fishing and hunting lands. Everything is ready to go. A beautiful pond, small cattle pen, hay barn, 20-fenced acres +/- up front and 20-acres +/- of timber for hunting and recreational use.

Click here for details or to register to bid online.

Tract 7 - 53.09+/- Ac

Tract #7 is located at the Southwest Corner of Y City Road and Highway 59. Located across the street from the new Simmons Plant, Tract #7 has endless possibilities as a recreational property or as an investment opportunity. Heavy timber provides great habitat for the Whitetail deer that call the area home. Proximity to the Simmons Plant makes this property a great opportunity as a longer-term investment as well as having development possibilities.

Click here for details or to register to bid online.

Tract 8 - 157.63+/- Ac

Tract #8 is 157.63 acres +/- of the most lush, beautiful, grass covered rolling hills in all of Northwest Arkansas. The panoramic views along Y City Road are simply breath taking. Tract #8 is the perfect location to build your dream home with great pasture available for year round forage and summer hay production.

Click here for details or to register to bid online.

Tract 9 - 159.48+/- Ac

Tract #9 is a beautiful property located along the Southside of Y City Road. Tract #9 has amazing potential as an investment property, recreational use, or for future development. The land in Tract #9 is relatively flat with very few hills. The three large ponds add to the value and beauty of this amazing tract. Today, the property is exclusively used for grazing cattle and a limited amount of recreation, including fishing, deer and predator hunting. Tract #9 is relatively undeveloped and pressure from grazing/hunting has been very low.

Click here for details or to register to bid online.

Tract 10 - 39.72+/- Ac

Tract #10 is a beautiful, 39.72+/- acre pasture with rolling hills, with a long valley and a nice pond located in the center of the property. Accessed directly from Y City Road, this property is the perfect location to build a dream home in the country. In addition, Tract #10 is the perfect place to add grazing and hay capacity to your current cattle operation.

Click here for details or to register to bid online.

Tract 11 - 88.88+/- Ac

Tract #11 is amazing with endless potential. The cornerstone of the tract is the largest pond on Twelve Stones Ranch. The pond is fed from natural springs, so water is continuously flowing in/out of the waterway. A beautiful valley is connected to the north of the pond with lush Bermuda grasses growing during the summer months. Up the hill from the Bermuda field is a gently sloping hillside with established Fescue grasses and a number of potential locations for building your dream home with panoramic views as well as overlooking the large pond. Tract #11 is truly spectacular, and offers so many opportunities. Enjoy fishing in the front yard and great hunting in the heavily wooded backyard. Located directly off of Pederson Road, Tract #11 is one of the most iconic and desirable tracts on the entire property.

Click here for details or to register to bid online.

Tract 12 - 5.18+/- Ac

Tract #12 - 1,200+/- sf 3BD/2BA home on 5.18+/- ac on Y City Road. Featuring upgraded kitchen, hardwood floors, electric AC, propane heat and water from a 450ft well. 215/- sf shed/well house with electric. Gentry School District. Perfect for family looking for rural living or ranch manager.

Click here for details or to register to bid online.

Questions?

This individual seller chose to auction their property for a time-definite sale. If you have questions about this property, please email Customer Service or call 918.362.6742

Live On Location
1,778.47+/- Acres In 12 Tracts
Decatur, AR 72722
Property Type:Land
Description:1778.47+/- ac
Bidding Closed
Auctioned

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Lot size per county records.

AR Broker: Daniel Nelson Re Lic PB00069547 Whitetail Properties Real Estate LLC, Johnny Ball, Broker Re Lic PB00028421 Williams & Williams Mrktg Srvcs, Inc. Re Lic 00069547
Auctioneer: Thomas Edward Barnes Auc Lic 2340

Auction Date/Time:
Tuesday, October 8, 2019
at 7:00pm CDT
Auction Location:
On-Site or bid live from anywhere at auctionnetwork.com
Open Public Inspections:
Real Estate Broker Preview Tour: Thurs Sept 5, 12-4pm. Call 800.801.8003 to RSVP. Open to Everyone: 12-5pm Sunday, Sept 8, Sept 22 and Tuesday Oct 8

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Property Type:
Land
Bedrooms:
N/A
Bathrooms:
N/A
Square Footage:
N/A
Lot Size:
1778.47+/- ac
Year Built:
N/A
Property ID:
355772
Property Video



Now Accepting Pre-Auction Offers

Tract 1 - 150.15+/- Ac

Tract #1 is located in the heart of Twelve Stones Ranch. A double-gated entry, ½-mile fence lined driveway with lush pasture covering rolling hills, makes the entrance truly unforgettable. The custom built shop is one of a kind. A beautiful 4-bedroom, 4-bath residence in the front, is perfect as a guesthouse or a permanent home. The 20,000 +/- sqft climate-controlled shop has endless possibilities that could include an equestrian center, equipment storage, warehouse, or recreation center. The facility has been used to host dinner parties for groups of over 150-people. No detail was missed nor expense spared in the design and construction of the shop and surrounding acreage. Tract #1 is a unique opportunity to live, work and recreate in the heart of Northwest Arkansas.

Click here for details or to register to bid online.

Tract 2 - 633.56+/- Ac

Tract #2 is one of the premier cattle ranches and recreational properties in all of Arkansas as well as the Midwest. The entire Cattle Operation has been designed to minimize animal stress while maximizing labor productivity and safety. The working facilities, pens and loading docks have the potential to flow large numbers of cattle on/off the property daily. Automatic waterers, cattle alleys, and the 450 acres +/- of grass (Bermuda and Fescue) make this property one of the most unique, well designed Cattle Operations in Arkansas. Tract #2 is a turnkey solution for someone looking to get into the cattle business or expand their current operation. In addition, fishing and hunting opportunities on the property make this Tract a premier recreational property as well.

Click here for details or to register to bid online.

Tract 3 - 161.75+/- Ac

Tract #3 is a turnkey Cattle Ranch with excellent grazing and hay production opportunities. The property includes 130 acres+/- of productive forage grass and 11 Poultry Houses. Six of the poultry houses were sub-leases as recently as 2016. The remaining houses have been used for hay storage, equipment storage and cattle barns during inclement weather. The possibilities with this property are endless. Poultry houses could be converted to permanent cattle barns, feeding facilities, or disassembled and sold for scrap. Access to Decatur water, natural gas and electric make Tract 3 a fantastic property for building a dream home and starting or expanding a cattle operation, with great access to year-round forage and water.

Click here for details or to register to bid online.

Tract 4 - 163.27+/- Ac

Tract #4 is a beautiful recreational/hunting property. Direct Access onto the property and power available in the interior of the acreage make this Tract an ideal location for a hunting cabin and recreational development. The timber has been thinned to create ample grazing and great shooting lanes. The Twelve Stones Ranch Team has managed this 160 acres +/- to maximize recreational opportunities. This tract is ideal for archery and modern gun hunting. The Whitetail population has been managed as part of the Arkansas Game & Fish Commission’s, DMAP Program for many years. You will love the chance to grow and hold mature Whitetails.

Click here for details or to register to bid online.

Tract 5 - 124.76+/- Ac

Tract #5 offers numerous potential building sites with the conveniences of city water, electric and natural gas as well as great hunting/recreational opportunities. The front pastures have been very productive at growing hay. 45 Bales +/- were cut during the first cutting, in 2019. The pasture grasses can be mowed to create a beautiful yard as well, or managed for hay production. The back half of Tract #5 consists of thinned timber, broad hilltops and deep valleys that create numerous funnels and pinch points. The eastern side of Tract #5 offers some of the best opportunities to grow and hold mature whitetails.

Click here for details or to register to bid online.

Tract 6 - 41+/- Ac

Tract #6 is the an ideal turnkey solution for someone interested in building their dream home, becoming a hobby farmer as well as having access to your own private fishing and hunting lands. Everything is ready to go. A beautiful pond, small cattle pen, hay barn, 20-fenced acres +/- up front and 20-acres +/- of timber for hunting and recreational use.

Click here for details or to register to bid online.

Tract 7 - 53.09+/- Ac

Tract #7 is located at the Southwest Corner of Y City Road and Highway 59. Located across the street from the new Simmons Plant, Tract #7 has endless possibilities as a recreational property or as an investment opportunity. Heavy timber provides great habitat for the Whitetail deer that call the area home. Proximity to the Simmons Plant makes this property a great opportunity as a longer-term investment as well as having development possibilities.

Click here for details or to register to bid online.

Tract 8 - 157.63+/- Ac

Tract #8 is 157.63 acres +/- of the most lush, beautiful, grass covered rolling hills in all of Northwest Arkansas. The panoramic views along Y City Road are simply breath taking. Tract #8 is the perfect location to build your dream home with great pasture available for year round forage and summer hay production.

Click here for details or to register to bid online.

Tract 9 - 159.48+/- Ac

Tract #9 is a beautiful property located along the Southside of Y City Road. Tract #9 has amazing potential as an investment property, recreational use, or for future development. The land in Tract #9 is relatively flat with very few hills. The three large ponds add to the value and beauty of this amazing tract. Today, the property is exclusively used for grazing cattle and a limited amount of recreation, including fishing, deer and predator hunting. Tract #9 is relatively undeveloped and pressure from grazing/hunting has been very low.

Click here for details or to register to bid online.

Tract 10 - 39.72+/- Ac

Tract #10 is a beautiful, 39.72+/- acre pasture with rolling hills, with a long valley and a nice pond located in the center of the property. Accessed directly from Y City Road, this property is the perfect location to build a dream home in the country. In addition, Tract #10 is the perfect place to add grazing and hay capacity to your current cattle operation.

Click here for details or to register to bid online.

Tract 11 - 88.88+/- Ac

Tract #11 is amazing with endless potential. The cornerstone of the tract is the largest pond on Twelve Stones Ranch. The pond is fed from natural springs, so water is continuously flowing in/out of the waterway. A beautiful valley is connected to the north of the pond with lush Bermuda grasses growing during the summer months. Up the hill from the Bermuda field is a gently sloping hillside with established Fescue grasses and a number of potential locations for building your dream home with panoramic views as well as overlooking the large pond. Tract #11 is truly spectacular, and offers so many opportunities. Enjoy fishing in the front yard and great hunting in the heavily wooded backyard. Located directly off of Pederson Road, Tract #11 is one of the most iconic and desirable tracts on the entire property.

Click here for details or to register to bid online.

Tract 12 - 5.18+/- Ac

Tract #12 - 1,200+/- sf 3BD/2BA home on 5.18+/- ac on Y City Road. Featuring upgraded kitchen, hardwood floors, electric AC, propane heat and water from a 450ft well. 215/- sf shed/well house with electric. Gentry School District. Perfect for family looking for rural living or ranch manager.

Click here for details or to register to bid online.

Questions?

This individual seller chose to auction their property for a time-definite sale. If you have questions about this property, please email Customer Service or call 918.362.6742

Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium of 2% ($5,000 minimum) will be added to the high bid and included in the total purchase price.

Each high bidder must make a 10% non-refundable deposit per property ($5,000 MINIMUM - whichever is greater) immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price, all closing costs, and the Technology Fee are due at closing. Closing costs generally range from $750-$3000 and include title exam, title policy, closing fee, filing costs and any other fees noted unless otherwise noted in the Contract.

The Parties acknowledge Buyer will tender the Down Payment in the form of a certified check, cashier’s check, money order, or personal/business check, and said instrument will be made payable to the Escrow Agent, or a wire shall be sent directly to the Escrow Agent, if permitted by the Contract. In those instances where the Down Payment instrument was transmitted to the Auctioneer, Auctioneer shall transmit the Down Payment instrument to the Escrow Agent upon Seller’s acceptance of Buyer’s offer. The Down Payment shall be held by Escrow Agent and disbursed to the Closer identified in the Contract for Sale prior to the Closing Date and following clearance of funds by the issuing financial institution.  Interest, if any, earned on the Down Payment shall be deemed part of the Down Payment and shall be applied together with the principal portion of the Down Payment to the Purchase Price.  The Parties agree that upon a fully executed Contract, the Down Payment is non-refundable, and, at Seller’s request, shall immediately be released to Seller in accordance with the Contract for Sale.

If Seller accepts Buyer’s high bid, then the Contract for Sale shall continue in full force and effect and the Closing Date shall occur no later than thirty (30) days following the date of Seller’s acceptance, except as otherwise may be allowed in accordance with the terms of the Contract for Sale. Buyer(s) and Seller agree that Seller may terminate the Contract for Sale, in Seller’s sole and absolute discretion, in the event the Seller does not accept the Buyer’s high bid.   BUYER UNDERSTANDS AND AGREES IF SELLER HAS PERFORMED SELLER'S OBLIGATIONS UNDER THE CONTRACT FOR SALE, AND IF AT CLOSING THE BUYER FAILS TO PAY THE BALANCE OF THE PURCHASE PRICE OR TO PERFORM ANY OTHER OBLIGATIONS UNDER THE CONTRACT FOR SALE, THE DOWN PAYMENT WILL BE DISBURSED PURSUANT TO OF THE CONTRACT FOR SALE.  BUYER HEREBY DIRECTS ESCROW AGENT AND CLOSER TO DISBURSE THE DOWN PAYMENT FUNDS PURSUANT TO THE TERMS OF THE CONTRACT FOR SALE HEREIN.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All the information contained on this property was obtained from official county maps or other sources deemed reliable but is not guaranteed and may be in error. Seller DOES NOT WARRANT the accuracy thereof. Seller has made no independent investigation of any information provided and assumes no responsibility for the providing of or absence of any information, whatsoever, or for the accuracy thereof.

All auctions are subject to court or seller approval. Seller has (7) business days in which to accept or reject the high bid received at auction and Buyer’s high bid is irrevocable during this time. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

 Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Disclosures:
• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

• Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located.

• Mineral Rights Disclosure. Buyer acknowledges that the mineral rights have not been severed from this Property by Seller. Any mineral rights owned by Seller shall transfer with the surface estate at closing.

• Buyer acknowledges receipt of Seller signed disclosures dated August 20th, 2019

· Tracts 1 and 12 - Buyer acknowledges that Tracts 1 and 12 contain remnants of an abandoned well/water tank system that is no longer operational. Buyers of Tract 1 and Tract 12 acknowledge that any such remnants/well remaining convey with the land and that no shared water agreement will be provided with the conveyance documents.

· Tracts 3, 4, 5, 6, 7, 8, 9, 10, and 11 - Property auctions by the acre; in the event that a post- auction survey is required prior to closing, the high bid and buyer's premium shall adjust accordingly at the high bid per acre price

Map

Greg Lutz
Greg Lutz
Managing Director
PHONE
Selling your property? Find out if auction works for you.
Call 800.801.8003.
Selling your property? Find out if auction works for you.
Call 800.801.8003.