ST. MARY'S PARISH HALL, Las Animas, COBent County

BACA, BENT & LAS ANIMAS COUNTY RANCHES – 23808 DEEDED ACRES

AUCTION LOCATION: ST. MARY’S PARISH HALL, LAS ANIMAS, COLORADO

SELLER: GEORGE WILSON

MANNER OF SALE: This real estate will be offered as a “MULTI-PARCEL” auction in 7 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 January 10, 2010, or upon such terms as may be acceptable to the Sellers. 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 Sellers’ confirmation. Announcements made day of sale will take precedence over printed material and previously made oral statements.

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

WIND RIGHTS: Wind rights are believed to be 100% intact and will transfer to the Buyer(s) at closing.

CLOSING & POSSESSION: Closing will be on or before January 10, 2010, with possession on the date of closing.

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 contract will be available from the auction company prior to the sale.

EVIDENCE OF TITLE: Sellers 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 Sellers. Title evidence will be provided on sale day.

REAL ESTATE TAXES: Sellers will pay taxes for 2009 and prior years. Taxes for 2010 will be paid by the Buyer(s).

ACREAGES: Acreage figures are considered to be approximate and are from reliable sources.

INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections & due diligence concerning pertinent facts about the property. Neither Seller nor 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.

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, if any.

AGENCY: Farm & Ranch Realty, Inc., their agents & representatives, are the Exclusive Agents of the Sellers.

AUCTIONEER’S NOTE: This outstanding offering by George Wilson is one-of-a-kind in Southeast Colorado. It will basically be offered as 4 “stand alone” ranches, with the Northernmost ranch to be split into 4 tracts. Each ranch has good water and fences. From the 17,520 acre “Preisser” Ranch to the 4,360 acres at Ninaview, this is truly cattle country! There is good access via county roads to all of these properties.

Additional photos and maps are available on Farm & Ranch Realy website. Appointments to view this property need to be made by calling Neal Mann at 785-635-2102. The Seller is also available to consult with prospective purchasers and to answer any questions that you might have. Call George Wilson at 719-456-1002.

Cooperating brokers are welcome to participate in this offering. Some property selling in conjunction with Brinkley Realty, Springfield. Copies of contracts and title insurance commitments will be available day of sale. Seller’s mineral rights are believed to average 50% across the 4 ranches. All of the Seller’s interest is going to the Buyer(s).

Come to the informational meeting on Oct 16th & spend the day with us on Oct 27th at the auction!