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BATES LAND AUCTION

Tuesday, March 11th 2008, 2:00 PM

Auction to be held at

The Country Steak Out

19592 East 8th Avenue

Fort Morgan, CO 8070

The East Half and the East Half of the West Half of Section 3,

Township 1 North, Range 55 West of the 6th PM, Morgan County, Colorado

Offering 480 Total Acres

Location of Property: 13 miles south of Brush, Colorado on Hwy 71 to Road F, then 4 miles east on paved road. Property has county road on 3 sides. Lays fairly flat with a good stand of grass.

CRP Contract—451.2 acres in CRP with annual payment of $13,031.00 through 2014.

Water—1 unregistered domestic livestock well.

Taxes—2007 are $465.28, to be paid by Seller.

Minerals—Seller to reserve currently owned minerals for fifteen years.

Terms and Conditions—Property sells at absolute public auction subject to a minimum bid of $200,000.00

15% non-refundable earnest money required auction day. Balance on or before April 17th 2008, closing day. Property will be offered in its entirety and bids will be taken for total dollars, not price per acre. Purchase price to include the 2008 and thereafter CRP payments. Excellent investment opportunity

 

Email: amaauctions@ama-auctions.com    Chuck Miller: cmiller@ama-auctions.com   Bryson Miller: bmiller@ama-auctions.com

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Last modified: July 28, 2008