TERMS: 10% down day of sale, with the balance to be paid on or before May 28, 2013, 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 Seller confirmation. Announcements made day of sale will take precedence over printed material and previously made oral statements.

MINERAL RIGHTS:

TRACT 1: Sellers will convey 50% of the mineral rights to the Buyer at closing, subject to a First Right of Refusal of record to Pioneer Resources to lease the minerals.

TRACT 2: Sellers will retain 100% of their interest in the mineral rights, perpetually.

CROPS:

TRACT 1: There are approximately 371.39 acres planted to 2013 wheat, and the Buyer will receive the landlords 1/3rd share of the crop. Sellers will transfer the landlords 1/3rd share of all rights of indemnity in the crop insurance to the Buyer at closing and Buyer will pay the landlords 1/3rd share of the premium and receive any benefits therefrom.

TRACT 2: There are no growing crops.

FSA INFORMATION (TRACT 1): Buyer will receive the landlords 1/3rd share of all FSA wheat payments and 100% of all FSA feed grain payments associated with the 2013 crop year. See chart below for cropland acres, base acres & DCP yields.

CRP PAYMENTS (TRACT 2): Buyer will receive 100% of the 2013 CRP payment. See chart below for CRP payment and expiration date.

CLOSING: Closing will be on or before May 28, 2013.

POSSESSION:

TRACT 1: Date of closing, subject to tenants rights on the growing wheat crop.

TRACT 2: Date of closing.

REAL ESTATE TAXES: Sellers will pay taxes for all of 2012 and prior years. Taxes for 2013 will be the responsibility of the Buyer(s).

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.

ACCEPTANCE OF BIDS: Each successful bidder will be required to enter into a real estate purchase contract immediately following the auction. Copies of the contracts will be available from the auction company prior to the sale.

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, including but not limited to the number of cropland acres, grass acres, base acreages and yields. FSA acres may not be the same as deeded acres or county appraiser acres. Acreages are not covered by title insurance.

INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections & due diligence concerning pertinent facts about the property. Neither Sellers or Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied.

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

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

AUCTIONEERS NOTE:

This Lane County farm is located Southeast of Dighton. THE CROPLAND IS EXCELLENT. The pasture can be grazed in the off season with the crop residue.

POSSESSION OF THE PROPERTY WILL BE ON THE DATE OF CLOSING, subject only to the tenants rights on the growing wheat.

Register today to BID LIVE ON-LINE on auction day.

The property will be posted with signs for your convenience.

CALL FARM & RANCH REALTY FOR FURTHER DETAILS