Gray Co - Spradling Auction Brochure-V4 - Clift Land Brokers
Land Auction Multi-Parcel
5 Bu % Pr y em er iu m
Thursday, June 12th 7:00 pm 741 + Acres in Three Tracts Gray County, Texas Registration begins at 5:00 pm
Auction & Info Mtg Location Alanreed Community Center East End of 4th Ave. Alanreed, TX 79057
Buy one tract, a combination of tracts or the entire property!
No Reserve! Tract #1
From Alanreed, TX go north on FM 291 approx. 5.75 miles to W Rd. Turn west and go two miles to the NE corner of the tract.
261 + acres in Section 4, Blk H. There are approx. 226 acres of rolling native pasture with one well with a solar pump. The remainder of the tract includes 35.5 acres of dryland farmland. This land was planted to wheat in 2013. The fences around the perimeter are in good condition. There are county roads on the north and west sides of the farm. Est. Property Taxes—$169.00 Latitude 35.278929 Longitude -100.808962
Tract #2
From Alanreed, TX go north on FM 291 approx. 5.25 miles to Cross Rd and the SE corner of the tract.
160 + acres in the NE/4 of Section 10, Blk 3. There are 130 acres in native grass, which falls Open House on this Tract: into some breaks on the east side of the tract. Thurs. May 29th 1:00-6:00 pm 30 + acre of dryland farmland is currently plantand Mon. June 2nd 1:00-6:00 pm ed to winter wheat. There is a nice Agent will be on-site during approx. 1,852 sq. ft. home, which is in good these times. condition. A small fishing pond is located in front of the house. Three other outbuildings are used for storage. One domestic water well provides water for the home and is used for livestock watering. The fences around this tract are in good condition. Est. Property Taxes—$1,442.00 Latitude 35.281024 Longitude -100.773785
Tract #3
From Alanreed, TX go north on FM 291 approx. two miles to CR Z, then approx. 8/10ths of a mile east to the easement turn off, which travels north off of CR Z to the west side of the tract. 320+ acres out of Section 2, Blk 1. This tract is all rolling native grass and has two windmills, both of which are in working order. The fences around this tract are in good condition.
Access to this tract is provided by an easement which turns off of County Road Z. Est. Property Taxes—$216.00 Latitude 35.262995 Longitude -100.730140
AUCTION TERMS & CONDITIONS: PROCEDURE: This 741 + Acres will be offered in three (3) individual tracts or as a combination of tracts. There will be open bidding on tracts and combinations until the close of the auction. The property will be sold in the manner resulting in the highest total sale price, with the above restriction. BUYER’S PREMIUM: A 5% Buyer’s Premium is in affect for all purchases. The Buyer’s Premium will be added to the “Auction Price” to determine the “Sales Price” or “Contract Price”. DOWN PAYMENT: Ten percent (10%) down payment on the day of the auction, upon signing a purchase agreement immediately following the close of bidding. The down payment may be paid in the form of cash, personal check, business check, or cashier’s check. The remainder of the purchase price is payable in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. ACCEPTANCE OF BID PRICES: This is an Absolute Auction. All successful bidders will sign a purchase agreement at the auction site immediately following the close of the auction. REAL ESTATE TAXES AND ASSESSMENTS: The 2014 Property Taxes will be prorated to the date of closing. CLOSING: Will take place on or before July 29, 2014, or as soon applicable closing documents and surveys (if needed) are completed. POSSESSION: Possession will be given at closing. TITLE: Seller shall provide an Owner’s Policy of Title Insurance in the amount of the purchase price. PROPERTY CONDITION: Property to be sold AS IS—WHERE IS and no warranty or representation, either express or implied, will be given to any bidder or Buyer. EASEMENTS AND LEASES: Sale of the property is subject to any and all easements of record and any and all leases. SURVEY: AT THE SELLER’S OPTION, the seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a new survey will be determined solely by the seller. The seller will provide a survey at it’s own cost, if needed. The type of survey performed shall be at the seller’s option and sufficient for providing title insurance. All advertised acreages are approximate and have been estimated based on current legal descriptions and/or aerial photos. MINERAL RIGHTS: This auction is for Surface Estate only. AGENCY: Clift Land Auctions, LP and Clift Land Brokers and its representatives are exclusive agents of the seller. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller, the broker, the auction company or any of their respective representatives. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller, broker and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s 3430 I-40 West credentials, fitness, etc. All decisions of the auctioneer are Amarillo, TX 79102 final. NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior www.CliftLandAuctions.com to scheduled auction time to inspect any changes, corrections 800-299-LAND (5263) or additions to the property information. **See all of the Terms and Conditions on the Auction Terms and Conditions on our website, or call our office for a complete copy.
Easement Lat. 35.245327 Easement Long. -100.741023
Auction: Thursday June 12th 7:00 pm Information Meetings: Monday June 2nd @ 7:00 pm and Auction Day @ 4:00 pm Open House on Tract #2: Thurs. May 29th 1:00—6:00 pm and Mon. June 2nd 1:00-6:00 pm Alanreed Community Center East End of 4th Ave. Alanreed, TX 79057
TX Broker License #588891
TX Auctioneer License #16802
W Rd
Tract #2 160 + Acres
Tract #1 261 + Acres
FM 291
W Rd
W Rd
Cross Rd
Tract #3 320 + Acres
Pa a mp 33 X— , T s ile m
Easement
Z CR
0 I‐4
Amarillo, TX—66 miles
www.CliftLandAuctions.com 800.299.LAND (5263)
McLean, TX—8 miles
**Any references to acreage in this brochure are estimates. Revised 5-21-2014 V.4
5 Bu % Pr y em er iu m
Thursday, June 12th 7:00 pm 741 + Acres in Three Tracts Gray County, Texas Registration begins at 5:00 pm
Auction & Info Mtg Location Alanreed Community Center East End of 4th Ave. Alanreed, TX 79057
Buy one tract, a combination of tracts or the entire property!
No Reserve! Tract #1
From Alanreed, TX go north on FM 291 approx. 5.75 miles to W Rd. Turn west and go two miles to the NE corner of the tract.
261 + acres in Section 4, Blk H. There are approx. 226 acres of rolling native pasture with one well with a solar pump. The remainder of the tract includes 35.5 acres of dryland farmland. This land was planted to wheat in 2013. The fences around the perimeter are in good condition. There are county roads on the north and west sides of the farm. Est. Property Taxes—$169.00 Latitude 35.278929 Longitude -100.808962
Tract #2
From Alanreed, TX go north on FM 291 approx. 5.25 miles to Cross Rd and the SE corner of the tract.
160 + acres in the NE/4 of Section 10, Blk 3. There are 130 acres in native grass, which falls Open House on this Tract: into some breaks on the east side of the tract. Thurs. May 29th 1:00-6:00 pm 30 + acre of dryland farmland is currently plantand Mon. June 2nd 1:00-6:00 pm ed to winter wheat. There is a nice Agent will be on-site during approx. 1,852 sq. ft. home, which is in good these times. condition. A small fishing pond is located in front of the house. Three other outbuildings are used for storage. One domestic water well provides water for the home and is used for livestock watering. The fences around this tract are in good condition. Est. Property Taxes—$1,442.00 Latitude 35.281024 Longitude -100.773785
Tract #3
From Alanreed, TX go north on FM 291 approx. two miles to CR Z, then approx. 8/10ths of a mile east to the easement turn off, which travels north off of CR Z to the west side of the tract. 320+ acres out of Section 2, Blk 1. This tract is all rolling native grass and has two windmills, both of which are in working order. The fences around this tract are in good condition.
Access to this tract is provided by an easement which turns off of County Road Z. Est. Property Taxes—$216.00 Latitude 35.262995 Longitude -100.730140
AUCTION TERMS & CONDITIONS: PROCEDURE: This 741 + Acres will be offered in three (3) individual tracts or as a combination of tracts. There will be open bidding on tracts and combinations until the close of the auction. The property will be sold in the manner resulting in the highest total sale price, with the above restriction. BUYER’S PREMIUM: A 5% Buyer’s Premium is in affect for all purchases. The Buyer’s Premium will be added to the “Auction Price” to determine the “Sales Price” or “Contract Price”. DOWN PAYMENT: Ten percent (10%) down payment on the day of the auction, upon signing a purchase agreement immediately following the close of bidding. The down payment may be paid in the form of cash, personal check, business check, or cashier’s check. The remainder of the purchase price is payable in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. ACCEPTANCE OF BID PRICES: This is an Absolute Auction. All successful bidders will sign a purchase agreement at the auction site immediately following the close of the auction. REAL ESTATE TAXES AND ASSESSMENTS: The 2014 Property Taxes will be prorated to the date of closing. CLOSING: Will take place on or before July 29, 2014, or as soon applicable closing documents and surveys (if needed) are completed. POSSESSION: Possession will be given at closing. TITLE: Seller shall provide an Owner’s Policy of Title Insurance in the amount of the purchase price. PROPERTY CONDITION: Property to be sold AS IS—WHERE IS and no warranty or representation, either express or implied, will be given to any bidder or Buyer. EASEMENTS AND LEASES: Sale of the property is subject to any and all easements of record and any and all leases. SURVEY: AT THE SELLER’S OPTION, the seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a new survey will be determined solely by the seller. The seller will provide a survey at it’s own cost, if needed. The type of survey performed shall be at the seller’s option and sufficient for providing title insurance. All advertised acreages are approximate and have been estimated based on current legal descriptions and/or aerial photos. MINERAL RIGHTS: This auction is for Surface Estate only. AGENCY: Clift Land Auctions, LP and Clift Land Brokers and its representatives are exclusive agents of the seller. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller, the broker, the auction company or any of their respective representatives. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller, broker and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s 3430 I-40 West credentials, fitness, etc. All decisions of the auctioneer are Amarillo, TX 79102 final. NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior www.CliftLandAuctions.com to scheduled auction time to inspect any changes, corrections 800-299-LAND (5263) or additions to the property information. **See all of the Terms and Conditions on the Auction Terms and Conditions on our website, or call our office for a complete copy.
Easement Lat. 35.245327 Easement Long. -100.741023
Auction: Thursday June 12th 7:00 pm Information Meetings: Monday June 2nd @ 7:00 pm and Auction Day @ 4:00 pm Open House on Tract #2: Thurs. May 29th 1:00—6:00 pm and Mon. June 2nd 1:00-6:00 pm Alanreed Community Center East End of 4th Ave. Alanreed, TX 79057
TX Broker License #588891
TX Auctioneer License #16802
W Rd
Tract #2 160 + Acres
Tract #1 261 + Acres
FM 291
W Rd
W Rd
Cross Rd
Tract #3 320 + Acres
Pa a mp 33 X— , T s ile m
Easement
Z CR
0 I‐4
Amarillo, TX—66 miles
www.CliftLandAuctions.com 800.299.LAND (5263)
McLean, TX—8 miles
**Any references to acreage in this brochure are estimates. Revised 5-21-2014 V.4
