Woodrow, COMorgan County

LAND LOCATION: From 71 Hwy at Woodrow, Colorado, go 1½ miles East, 1 mile North, and 1½ miles East to the SW corner of Tract 1. SIGNS WILL BE POSTED!

MORGAN COUNTY

TRACT 1: SE/4 & E/2NE/4 OF 33-1N-55

TRACT 2: SE/4 OF 28-1N-55

TRACT 3: S/2 OF 27-1N-55

TRACT 4: SE/4 OF 14-1N-55

TRACT 5: NW/4 & N/2SE/4 OF 24-1N-55

TRACT 6: NE/4 OF 23-1N-55

WASHINGTON COUNTY

TRACT 7: NE/4 OF 32-1N-54 & NW/4 OF 33-1N-54

TRACT 8: W/2 OF 13-1S-54

MANNER OF SALE: This real estate will be offered as a “MULTI-PARCEL” auction in 8 individual tracts and in combinations of tracts. It will be sold in the manner that produces the highest aggregate bid. Bids on individual tracts and the total property may compete. Auction procedure and increments of bidding are at the discretion of the auction company.

TERMS: 10% down day of sale, with the balance to be paid on or before June 4, 2010, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Bids are subject to Seller confirmation. Announcements made day of sale take precedence over printed material and previously made oral statements.

MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer(s) at closing.

CRP PAYMENTS: Buyer(s) will receive 100% of the 2010 CRP payments which will accrue from 10/1/09 thru 9/30/10, and all future years’ CRP payments under the current CRP contracts. See chart for details.

CLOSING: Date of closing will be on or before June 4, 2010.

POSSESSION: Possession will be the date of closing.

REAL ESTATE TAXES: Seller will pay taxes for 2009 and prior years. Taxes for 2010 will the responsibility of the Buyer(s).

ACCEPTANCE OF BIDS: Each successful bidder will be required to enter into a Contract to Buy and Sell Real Estate immediately following the auction. Copies of the contracts will be available from the auction company prior to the sale.

EASEMENTS: This sale is subject to all rights-of-way and easements, whether recorded or not, and to any oil and gas leases of record.

ACREAGES: Acreage figures are considered to be approximate and are from reliable sources, based on (USDA) FSA figures. All FSA information is subject to change. FSA acres may not be the same as deeded acres.

INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections & due diligence concerning pertinent facts about the property. Neither Seller or Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied. Statements, while not guaranteed, are from reliable sources.

EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer(s) in the amount of the purchase price with the premium to be paid one-half by the Buyer(s) and one-half by the Seller. Title evidence will be provided on sale day.

AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Seller.

AUCTIONEER’S NOTE: This CRP land has contracts expiring in 2012 and 2013. It offers good hunting for the avid hunter – with a good income as well!

WDMG has owned this land for approximately 20 years and now the owner says it is time to sell. Signs are posted on the indivihual tracts. The land is located mostly east of Woodrow, Colorado which is located on US Hwy 71.

There will be on-line bidding available if you cannot make it to the auction with pre-registration required.

Call Ed Currier, listing agent, for a tour of this nice offering!