11801 S. Osage, Amarillo, TX 79118 - Randall County

LEGAL DESCRIPTION: The SE/4 of Sec 44, and all of Sec 54, all in Blk 6, I&GN Rwy Co Survey, Randall Co. TX.

ACREAGE: TOTAL 808.03+/- CRP 408.2 GRASSLAND 400 +/-

TOPOGRAPHY: Very flat to slightly sloping toward a playa lake.

IMPROVEMENTS: Frame farmhouse w/ stucco exterior, approximately 1058 sq. ft.36' x 48' shop building, other sheds & outbuildings, fencing, (Footages provided by Potter-Randall Appraisal District)

WATER: Domestic water well w/submersible pump at improvements, Windmill in Sec 44

UTILITIES: ELEC: Yes NATURAL GAS: No PROPANE: Yes

PERSONAL PROPERTY: None.

TAXES: TOTAL: $2,182.74 for 2011 w/ag exemptions SCHOOL DISTRICT: Canyon ISD

MINERALS: Subject to previous reservations of record, Seller will reserve none.

POSSESSION: Negotiable, except for the portion leased for grazing, see below.

OTHER DATA: There are approximately 408.2 acres enrolled in the Conservation Reserve Program through 9/30/12. CRP program payment is $15,912/year. There is also a DCP payment of $1,991 per year. The native grass leased for $7/acre/year through 6/1/12. This farm has a good location on all weather road and provides country living with a quick commute to Amarillo or Canyon. It is adjacent to the Canyons at Currie Ranch Development.