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| LOCATION OF SALE -- ACCESS Ray Francis, on behalf of Patroon Partners in Sabine County, Texas, has been authorized to solicit bids for the purchase of land and timber on two tracts of approximately 60 acres and 130 acres. A location map and a tract map of this area are attached hereto as a part of this prospectus. These parcels are located approximately 20 miles southeast of Center, Texas. Please feel free to bid on one or both parcels.
By
mail: Ray Francis, Broker/Owner PO Box 214966, Dallas,
Texas 75221-4966 By Fax: 214-748-5984
CONDITIONS OF SALE o Bids are for Land and Timber together. o The Land is being sold in an “as is” condition. o The Owners reserve the right to accept or reject any or all bids. o The Sale will be on a Cash Basis / Lump Sum only – no owner financing. o The Earnest Money Contract shall be signed and executed within 72 hours of accepted Bid. o Closing Date shall be no later than 30 days from acceptance of Bid. o Buyer will be responsible for any boundary or land surveying. o Attention Real Estate Agents: No real estate fee will be paid by Seller o Assignment of the Earnest Money Contract to a third party will not be allowed without prior written consent of the Seller. o No guarantee is made nor implied concerning any volume, tree count, grade, and quality of the timber, and/or quality of the harvesting conditions of the tracts by Seller. Bidders are strongly advised and encouraged to personally inspect the subject land and the timber for their own due diligence satisfaction.
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