LEGAL DESCRIPTION: Several parcels make up each farm. Broker will provide legal descriptions upon request to qualified buyers.

MINERAL RIGHTS: Subject to any previous reservations of record. Seller will convey any minerals now owned.

WIND RIGHTS: All wind rights will convey to buyer.

WATER RIGHTS: All water rights will convey to buyer.

FENCES: No farm is entirely fenced. However, there is a poor to fair fence around the grass portion of north farm (Tract 1). No fences on (Tract 2). There are good to new fences along a half mile portion of the perimeter of Antelope Flats farm (Tract 3).

FSA BASE ACREAGE: FSA Maps and FSA 156EZ Records attached.

TOPOGRAPHY: Tract 1 farmland is level to slightly sloped. Tract 2 is level to slightly sloped. Tract 3 is level to slightly sloped.

WATER CONSERVATION DISTRICT: Mesquite Groundwater Conservation District

WATER: Rural domestic water available from Brice and Lesley Water Supply Corporation on Tract 1 and Tract 2.

ELECTRIC: Lighthouse Electric

NATURAL GAS: West Texas Gas on all three tracts.

SURVEY: None.

ZONING: Agricultural. All three farm tracts are located outside of any municipality.

EASEMENTS: Any easements and/or rights-of-way are not expected to affect the operations of these farms. Commitment for Title Insurance will identify any existing easements or rights-of-way.

SCHOOL DISTRICT(s): Memphis ISD for the Hall County Tract 1 and Tract 2 and Clarendon ISD for the Briscoe County Tract 3.

TAXING DISTRICT(s): Taxes for 2022 were $9,775.18 with Agricultural Value Exemption.

CROP LEASE: Tract 3 is on a verbal 65-35 crop share lease agreement with current Tenant through 2023 for cotton and haygrazer including fertilizer and chemicals.

HUNTING LEASE: None on any of the tracts.

GRAZING LEASE: Tract 1 grass is leased for grazing rights.

IMPROVEMENTS: An old house on Tract 1 was lived in as recently as four years ago. There is a Shop on Tract 2. (Storage Containers owned by previous owner do not convey).

IRRIGATION WELLS: Tract 1 has none. Tract 2 has four irrigation wells which held a combined 800 gpm through August, which was close to 1,000 gpm at beginning of season, per Seller. Well #1 270 to redbed, does 400 gpm. Well #2 130 100 gpm. Well #3 130 200 gpm. Well #4 135 100 gpm. There are four irrigation wells on Tract 3 which held a combined 700 gpm at end of season, which was a strong 800 gpm at beginning of year, per Seller. Well #1 300. Well #2 100. Well #3 80. Well #4 225.

IRRIGATION EQUIPMENT TO CONVEY: There are (2) Seven Tower Center Pivot Irrigation Systems and (3) Six Tower Center Pivot Irrigation Systems on the Brice south farm (Tract 2) along with four irrigation motors. There are (3) Five Tower Center Pivot Irrigation Systems on the Antelope Flats farm (Tract 3). The fourth tower on Tract 3 does not convey.

TENANT OWNED PERSONAL PROPERTY: One five tower Center Pivot Irrigation System on the southwest 80 acres of the Antelope Flats farm (Tract 3) along with two Irrigation Motors and an Electric Generator are owned by tenant and will not convey.

POSSESSION: Upon Closing and Funding on Tract 1 and Tract 2, subject to grazing lease and any owners growing crops. Tract 3 is on a crop share lease agreement with current Tenant through 2023 cotton and haygrazer.

NO TRESPASSING.

PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER OR AN AGENT WHO HAS WRITTEN PERMISSION FROM LISTING BROKER.

As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker. This property is not for Rent, not for Lease and Owner Financing is not available.

Buyer's Broker must be identified upon first contact with Listing Brokerage Firm and must accompany buying prospect on first showing, all subsequent viewings, and all due diligence inspections to be allowed brokerage fee participation.