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INFORMATION BOOKLET

DISCLAIMER: This information booklet includes information obtained or derived from third-party sources. Although believed to be accurate and from reliable sources, such information is subject to verification and is not intended as a substitute for a prospective buyer’s independent review and investigation of the property. Prospective buyers are responsible for completing their own due diligence. THIS PROPERTY IS OFFERED “AS IS, WHERE IS”. NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE CONCERNING THE PROPERTY. Without limiting the foregoing, Owner, Auction Company and Cooperating Broker, and their respective agents and representatives, assume no liability for (and disclaim any and all promises, representations and warranties with respect to) the information and reports contained herein. Seller: Proventus, LLC Auction Company: Schrader Real Estate and Auction Company, Inc.

800.451.2709 • SchraderAuction.com

Schrader Real Estate and Auction Company, Inc. Rex Defoe Schrader II, Principal Broker #PB00074747; Auctioneer #2458

At Auction with Reserve & 2% Buyer’s Premium

BOOKLET INDEX • • • • • • • • • • •

LOCATION MAP & GAZETEER MAP AERIAL MAPS SURVEYS SOIL MAPS & SOIL TESTS YIELD INFORMATION FSA INFORMATION MINERAL RIGHTS IRRIGATION SUMMARY IMPROVEMENTS SUMMARY TAX RECORDS PRELIMINARY TITLE

MAPS

LOCATION MAP

GAZETEER MAP

FARM A - AERIAL MAP

FARM A - SURVEY MAP

FARM A - SOIL MAP Soils Map

State: County: Location: Township: Acres: Date:

Arkansas Chicot 25-16S-3W Carlton 627 8/15/2013

Maps provided by: Field borders provided by Farm Service Agency as of 5/21/2008. Soils data provided by USDA and NRCS. Code Soil Description PeA

Acres Percent of field

Perry clay, 0 to 1 percent slopes

472.8

75.4%

W

Water

139.8

22.3%

PeU

Perry clay, 1 to 3 percent slopes

14.4

2.3%

Non-Irr Class Legend

©AgriData, Inc 2013 www.AgriDataInc.com

Non-Irr Cotton Common Class lint bermudagrass

Soybeans

Tall Improved fescue bermudagrass

Grain sorghum

Rice Irrigated

IIIw

475

7

30

8

12

65

130

IIIw

475

7

30

8

12

65

130

Weighted Average

369.1

5.4

23.3

6.2

9.3

50.5

101

FARM A - SOIL MAP

FARM B - AERIAL MAP

FARM B - SURVEY MAP

FARM B - GRAIN BINS SURVEY

FARM B - SOIL MAP Soil Map

State: County: Location: Township: Acres: Date:

Arkansas Chicot 33-16S-3W Carlton 627.43 7/2/2014

Soils data provided by USDA and NRCS.

Area Symbol: AR017, Soil Area Version: 14 Code Soil Description Acres

Non-Irr Percent Class of field Legend

NonIrr Class

Common Cotton Grain Improved Rice Tall Soybeans bermudagrass lint sorghum bermudagrass Irrigated fescue

PeA

Perry clay, 0 to 1 percent slopes

606.41

96.6%

IIIw

6

PtA

Portland clay, 0 to 1 percent slopes

21.02

3.4%

IIIw

6

Weighted Average

6

428

413.7

58

11

117

27

7

68

7

104

28

6

58.3

10.9

116.6

27

7

Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photography Field Office.

FARM B - SOIL MAP

SOIL TESTS

2011 Grid Sampling PR5 - Chicot 82

Powered By

version 10.30

Field Concepts 384 CR 402 Jonesboro, AR 72404 4/20/2012 1:42:28 PM

PR5 - Chicot 82

Powered By FieldRx™ version 10.30

Reference

PR5 - Chicot 82

Product List Product

Crop

Formula Name

Formula Equation

Lime

All Crops

Lime - Silt to Silty Clay Loam

U.Ark - Lime (Silt Loam)

Field List Farm

Field

Acres

East Block East Block East Block East Block East Block East Block East Block East Block East Block West Block West Block West Block West Block West Block West Block West Block West Block West Block West Block West Block West Block West Block

E1 E2 E3 E4 E5 E6 E7 E8 E9 W1 W10 W11 W12 W13 W2 W3 W4 W5 W6 W7 W8 W9

75.8 76.0 78.2 37.3 11.5 40.4 34.9 86.0 141.5 67.8 47.4 37.1 69.3 51.8 14.2 48.9 39.8 3.6 45.3 43.8 40.6 70.1 Total Acreage:

Powered By FieldRx™ version 10.30

Border Uploaded 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012

Samples Uploaded 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012

Lab Results Obtained 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012 4/20/2012

1161.2

PR5 - Chicot 82

Sample Locations

E1

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 East Block E1 75.8 acres

Lab Results

E1

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465374 1465375 1465376 1465377 1465378 1465379 1465380

6.5 6.7 6.8 6.7 6.8 7 6.9

36 13 18 25 17 18 16

195 171 172 145 130 147 196

22.3 21.3 22.2 19.7 20.2 19.9 17.3

3507 3305 3597 3218 3267 3314 2711

3.1 0.9 1.8 2.4 1.7 2 1.2

1.1 1 1 1.1 1 1.1 1

826 896 897 754 833 840 768

4.1 3.6 4.2 4.7 4 4.2 3.2

PR5 - Chicot 82 East Block E1 75.8 acres

Field Summary

E1

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E1 75.8 acres

Sample Locations

E2

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PR5 - Chicot 82 East Block E2 76.0 acres

Lab Results

E2

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465381 1465382 1465383 1465384 1465385 1465386 1465387

6.6 6.6 6.7 6.5 6.7 6.7 7.1

16 12 16 19 16 15 16

138 129 140 213 161 157 155

17.8 16.3 19.9 18.4 18.7 18.1 18.1

2682 2386 3152 2704 2925 2823 2922

1.2 0.7 1.5 1.8 1.3 1.4 1.8

0.9 0.7 0.9 0.9 0.8 0.9 0.9

763 725 815 759 775 750 804

4.4 3.1 4.1 4.7 3.8 4.3 3.9

PR5 - Chicot 82 East Block E2 76.0 acres

Field Summary

E2

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E2 76.0 acres

Sample Locations

E3

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PR5 - Chicot 82 East Block E3 78.2 acres

Lab Results

E3

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465388 1465389 1465390 1465391 1465392 1465393 1465394 1465395

6.6 6.8 6.7 6.7 6.8 6.8 6.5 6.2

18 33 13 14 14 20 26 13

125 193 140 172 139 154 291 166

16.1 19 20 18.2 17 18.8 18.2 20.9

2518 3129 3159 2668 2673 3046 2631 2799

1.7 3.6 1.3 1.3 0.8 2.2 2.3 0.7

0.8 1.1 1 0.8 0.8 1 1.1 0.8

640 728 823 833 732 764 749 905

4.1 4.8 3.7 3.5 3.5 4 4.7 3.5

PR5 - Chicot 82 East Block E3 78.2 acres

Field Summary

E3

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E3 78.2 acres

Sample Locations

E4

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PR5 - Chicot 82 East Block E4 37.3 acres

Lab Results

E4

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465396 1465397 1465398 1465399 1465400 1465401 1465402

6 5.8 6.4 6.4 6.8 7.2 6.9

18 20 18 13 18 14 21

150 143 137 121 118 231 179

20 20.6 18.4 16.4 18.1 22.6 20.3

2739 2717 2721 2371 2948 3542 3243

1.3 1.3 1.7 1.2 1.6 1 2.2

0.9 0.9 0.9 0.8 0.9 1 1.1

758 731 740 686 740 1047 887

3.6 3.5 3.9 2.6 4 3.8 3.2

PR5 - Chicot 82 East Block E4 37.3 acres

Field Summary

E4

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E4 37.3 acres

Sample Locations

E5

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PR5 - Chicot 82 East Block E5 11.5 acres

Lab Results

E5

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465403 1465404

6.3 6.3

12 8

124 121

20.6 20

2969 2738

0.5 0.7

0.9 0.7

842 881

3.9 2.5

PR5 - Chicot 82 East Block E5 11.5 acres

Field Summary

E5

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E5 11.5 acres

Sample Locations

E6

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PR5 - Chicot 82 East Block E6 40.4 acres

Lab Results

E6

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465405 1465406 1465407 1465408

6 7.3 6.7 6.4

14 15 12 10

133 122 126 106

22.4 19.2 22.3 19.6

2990 3120 3407 2753

1.1 1.2 0.7 0.3

0.9 0.8 0.9 0.8

896 852 985 873

3.1 2.2 3 2.6

PR5 - Chicot 82 East Block E6 40.4 acres

Field Summary

E6

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E6 40.4 acres

Sample Locations

E7

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PR5 - Chicot 82 East Block E7 34.9 acres

Lab Results

E7

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465409 1465410 1465411 1465412

6.5 6.7 6.8 6.8

6 13 20 8

89 124 179 120

17.6 19.9 19.8 18.1

2633 3083 3255 2969

0.2 0.7 1.4 0.4

0.7 1 1.1 0.8

744 854 769 727

2.4 3.6 4.1 2.6

PR5 - Chicot 82 East Block E7 34.9 acres

Field Summary

E7

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E7 34.9 acres

Sample Locations

E8

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 East Block E8 86.0 acres

Lab Results

E8

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465413 1465414 1465415 1465416 1465417 1465418 1465419 1465420

6.5 6.4 7.1 7 6.8 5.8 6.3 6.6

12 16 37 15 11 19 17 16

113 151 116 145 127 119 160 138

19.2 21.4 19.6 20.4 18.5 19.3 18.4 18.4

2919 3020 3238 3328 2716 2518 2679 2803

0.8 0.8 1.5 1 0.6 1.1 1.4 0.8

0.8 0.8 1 1 0.8 0.9 0.9 0.8

780 931 855 902 903 702 715 766

3.1 3.3 2.9 3.7 2.7 3.2 3.4 3.1

PR5 - Chicot 82 East Block E8 86.0 acres

Field Summary

E8

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E8 86.0 acres

Sample Locations

E9

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 East Block E9 141.5 acres

Lab Results

E9

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465421 1465422 1465423 1465424 1465425 1465426 1465427 1465428 1465429 1465430* 1465431* 1465432* 1465433* 1465434 1465435

7.4 6.9 7.5 7.5 6.7 6.9 7.4 6.5 7.4 7.1 7.2 7.2 7.2 7.3 7.2

33 50 73 37 29 35 45 24 28 33.1 36.8 34.7 31.3 28 20

176 376 265 243 261 190 216 218 215 234.8 242.3 238.5 227.3 209 263

23.7 23 36.3 25.4 22.3 24 28.2 25.9 23.8 24.4 25.4 25.1 24.4 23.3 24.3

4478 3818 7572 4678 3540 3989 5186 4091 4204 4232.8 4528.5 4404.9 4225.4 3993 4084

1 2 2.4 4.1 2 1.4 1.9 1.2 1.4 2 2.6 2.2 1.9 1.8 2.4

1.1 1.1 1.3 1.2 1 1 1.3 0.9 1 1.1 1.1 1.1 1.1 1.2 0.9

724 871 756 830 871 966 943 943 876 885.5 862.2 888.4 899.7 915 984

3.2 4.4 3.7 3.7 2.9 3.7 3.5 3.3 3.6 3.5 3.5 3.5 3.5 3.6 3.5

* indicates missing data; an averaged value has been assigned to this point

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 East Block E9 141.5 acres

Field Summary

E9

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 East Block E9 141.5 acres

Sample Locations

W1

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 West Block W1 67.8 acres

Lab Results

W1

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465436 1465437 1465438 1465439 1465440 1465441 1465442

6.5 6.8 6.7 6.7 6.5 6.7 6.3

29 22 18 16 12 16 17

205 258 296 253 210 195 150

23.9 26.3 25 27.6 28 25 24.3

3500 3878 3649 4217 3899 3672 3394

2.8 2.9 2.6 2.3 1.7 2.2 1.8

0.9 1 0.9 0.9 0.8 0.8 0.6

1010 1245 1141 1184 1302 1165 1037

3.9 4.3 5 4.1 3.9 2.9 3.6

PR5 - Chicot 82 West Block W1 67.8 acres

Field Summary

W1

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W1 67.8 acres

Sample Locations

W10

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PR5 - Chicot 82 West Block W10 47.4 acres

Lab Results

W10

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465475 1465476 1465477 1465478

6.7 6.7 6.8 6.9

21 18 18 28

240 211 215 251

24.3 23.8 26 25.1

3567 3570 3858 3804

2.1 2.5 1.9 2.5

0.9 1 0.9 1

1114 1061 1237 1186

4.2 2.3 4.2 3

PR5 - Chicot 82 West Block W10 47.4 acres

Field Summary

W10

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W10 47.4 acres

Sample Locations

W11

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 West Block W11 37.1 acres

Lab Results

W11

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465479 1465480 1465481 1465482

6.7 6.8 7.1 6.4

14 16 14 10

187 198 222 140

17.1 18.5 21.3 17.7

2488 2695 3218 2533

1.6 2 2.2 1.8

0.8 1 1 1

785 885 1051 752

2 5 3.4 4

PR5 - Chicot 82 West Block W11 37.1 acres

Field Summary

W11

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W11 37.1 acres

Sample Locations

W12

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PR5 - Chicot 82 West Block W12 69.3 acres

Lab Results

W12

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465483 1465484 1465485 1465486 1465487 1465488 1465489 1465490

6.8 6.8 7 6.8 6.9 6.8 6.4 6.7

15 17 20 22 17 16 17 15

190 272 235 204 164 260 274 249

20.9 26.3 23.6 20.7 18 24.1 22.5 21.7

3266 4104 3746 3202 2661 3522 3178 3094

2.1 2.8 2 2.3 2 1.8 2 1.7

1 1.3 1.1 1.1 1 1.1 1.1 1.2

904 1122 1080 900 886 1148 948 1028

3 5.8 3.2 4.3 2.6 4.6 2.8 4

PR5 - Chicot 82 West Block W12 69.3 acres

Field Summary

W12

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W12 69.3 acres

Sample Locations

W13

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PR5 - Chicot 82 West Block W13 51.8 acres

Lab Results

W13

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465491 1465492 1465493 1465494

6.2 6.9 6.6 6.3

16 16 17 19

209 228 314 215

20.2 20.3 23 20.3

2692 3050 3296 2719

1.8 1.9 2.3 1.9

0.9 0.9 1.1 0.8

870 967 1026 905

2.6 4.2 3.5 5.4

PR5 - Chicot 82 West Block W13 51.8 acres

Field Summary

W13

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W13 51.8 acres

Sample Locations

W2

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 West Block W2 14.2 acres

Lab Results

W2

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465443 1465444 1465445

6 6.3 6.1

11 17 32

131 222 338

17.9 21 21

2192 2892 2595

0.8 2 1.9

0.3 0.7 0.7

813 892 917

1.9 4.3 4.4

PR5 - Chicot 82 West Block W2 14.2 acres

Field Summary

W2

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W2 14.2 acres

Sample Locations

W3

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 West Block W3 48.9 acres

Lab Results

W3

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465446 1465447 1465448 1465449

6.6 6.7 6.8 6.9

19 16 18 14

238 193 213 149

26.7 27.7 25.5 23

3952 4101 3801 3499

2.5 2.1 2.1 1.5

1 1 0.8 0.8

1167 1273 1206 1103

4.7 4 4.2 3.9

PR5 - Chicot 82 West Block W3 48.9 acres

Field Summary

W3

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W3 48.9 acres

Sample Locations

W4

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 West Block W4 39.8 acres

Lab Results

W4

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465450 1465451 1465452 1465453

6.3 6.3 6.6 6.8

18 24 12 30

156 136 104 129

22.3 21.8 20.2 19

3192 3124 3004 2962

1.7 2.2 1.1 2.6

0.8 0.7 0.6 0.8

909 888 891 835

4.1 3.8 2.8 2.9

PR5 - Chicot 82 West Block W4 39.8 acres

Field Summary

W4

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W4 39.8 acres

Sample Locations

W5

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PR5 - Chicot 82 West Block W5 3.6 acres

Lab Results

W5

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465454

6.9

26

140

19

3003

2.3

0.9

852

2.9

PR5 - Chicot 82 West Block W5 3.6 acres

Field Summary

W5

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W5 3.6 acres

Sample Locations

W6

Powered By FieldRx™ version 10.30

PR5 - Chicot 82 West Block W6 45.3 acres

Lab Results

W6

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465455 1465456 1465457 1465458

6.5 6.7 7.1 7

17 13 21 22

166 153 212 132

22.4 19.7 20.2 15.8

3285 3022 3066 2593

2.4 1.5 2.1 1.8

0.9 0.6 0.9 0.7

963 852 982 685

4.1 4.2 2.8 4.3

PR5 - Chicot 82 West Block W6 45.3 acres

Field Summary

W6

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W6 45.3 acres

Sample Locations

W7

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PR5 - Chicot 82 West Block W7 43.8 acres

Lab Results

W7

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465459 1465460 1465461 1465462

7 6.8 6.6 6.9

16 15 19 23

141 176 193 223

18.4 19.4 21.1 23.3

2864 3051 3108 3517

1.6 1.8 1.8 2

0.7 0.7 0.8 0.8

883 831 924 1111

2.2 4.4 4.2 2.7

PR5 - Chicot 82 West Block W7 43.8 acres

Field Summary

W7

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W7 43.8 acres

Sample Locations

W8

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PR5 - Chicot 82 West Block W8 40.6 acres

Lab Results

W8

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Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465463 1465464 1465465 1465466

6.7 6.7 6.9 6.7

18 18 17 36

196 199 226 258

19.3 22.2 21 22.4

2809 3370 3118 3316

1.7 2.1 2.1 2.4

0.8 0.9 0.9 0.9

896 966 1027 1001

3.7 2.9 4.6 3.3

PR5 - Chicot 82 West Block W8 40.6 acres

Field Summary

W8

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W8 40.6 acres

Sample Locations

W9

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PR5 - Chicot 82 West Block W9 70.1 acres

Lab Results

W9

Powered By FieldRx™ version 10.30

Sample Pt

pH

P

K

CEC

Ca

Zn

B

Mg

OM

1465467 1465468 1465469 1465470 1465471 1465472 1465473 1465474

7.2 7.2 7 6.7 6.9 6.8 6.9 6.9

16 12 18 15 16 8 20 25

190 166 255 213 195 153 223 228

24.3 23.8 28.7 22.8 26.8 23.5 25.2 24

3950 3858 4659 3389 4054 3401 3983 3926

2.5 2 3.3 2.2 1.9 1 2.3 2.3

0.9 0.9 1.1 0.8 0.9 0.6 1 1

1078 1059 1260 1025 1298 1168 1113 993

4.8 2.6 4.8 3.2 4.2 1.8 4.2 2.8

PR5 - Chicot 82 West Block W9 70.1 acres

Field Summary

W9

Formula Name

Product

Lime - Silt to Silty Clay Loam

Lime

Powered By FieldRx™ version 10.30

Total

Max

Avg

Min

0

0

0

0

Trt Area (ac) 0.0

PR5 - Chicot 82 West Block W9 70.1 acres

YIELD INFORMATION

2011 YIELD REPORT FARM B

2012 YIELD REPORT FARM A

2012 YIELD REPORT FARM B

2013 YIELD REPORT FARM A

2013 YIELD REPORT FARM A

2013 YIELD REPORT FARM B

2013 YIELD REPORT

2013 YIELD REPORT

2013 YIELD REPORT

2013 YIELD REPORT

2013 CROP REPORT

2013 CROP REPORT

2013 CROP REPORT

2013 CROP REPORT

2013 CROP REPORT

2013 CROP REPORT

2013 CROP REPORT

FSA INFORMATION

FSA FORM 156EZ

FSA FORM 156EZ

MINERAL RIGHTS INFORMATION CHICOT 82

MINERAL RESERVATIONS

Chicot 82 – Welty/Bader

Conveyed their interest to Proventus.

Chicot 82 – Gordon

Retained ½ interest upon conveyance of property to Proventus.

FMS did not conduct a mineral search during the due diligence period.

IRRIGATION INFORMATION

IRRIGATION SUMMARY IRRIGATION SYSTEM On Farm A, one surface pump draws water for the irrigation from the Boeuf River that borders the east side of the east tract of the property. Underground irrigation pipe are situated where water can be delivered to the majority of the farm. The 33 acre reservoir is situated towards the western part of the south half. A irrigation pump draws water from the reservoir into an underground pipe system. Also, the reservoir water can be dropped into a ditch running in an easterly direction where towards the eastern side of the property a surface pump will pull the water from the ditch for placement on the growing crops. This last described pump could also be considered a tail water recovery system. On Farm B, one surface pump draws water for the irrigation from the Big Bayou that borders the west side of the property. Underground irrigation pipe are situated where water can be delivered to the majority of the farm. Also, a canal is situated straight to the east of the location of the surface pump. At the most eastern end of this canal are-lift type pump is situated to assist with the irrigation water needs for this property or to recover the run-off water for use in the lower elevated fields.

WELLS & RELIFTS

Proventus Arkansas Wells, Relifts & Pivots As of 5.15.14 Farm A: (4) relifts - (1) diesel, (1) electric owned by Proventus Farm B: (2) wells and (3) relifts. Tenant owns the portable power sources.

WELL SUMMARY - FARM A

WELL SUMMARY - FARM A

WELL SUMMARY - FARM A

WELL SUMMARY - FARM B

WELL SUMMARY - FARM B

WELL SUMMARY - FARM B

WELL REPORT - INTRODUCTION Proventus Delta Irrigation Wells, Relifts & Pivots Pumping Plant Assessments Sunflower County, MS; Catahoula Parish, LA; Chicot County, AR

Dennis K, Carman, P.E; Merritt McDougall August 23, 2014 Introduction Flow capacity, salinity, and depth to groundwater were assessed on 6 farms across Southeastern Arkansas (Chicot County), West Central Mississippi (Sunflower County), and North Eastern Louisiana (Catahoula County). Flow capacity in the field was performed using one of two instruments. The primary flow measurement instrument used was a Sierra 210i Ultrasonic Flowmeter. The Sierra is a non-intrusive instrument that uses ultrasonic sound waves to measure velocity of water through irrigation pipe. Most locations had enough available above ground pipe to obtain an accurate assessment of flow using the Sierra flowmeter. Where existing conditions such as available pipe lengths or limited access existed a PVC pipe equipped with a Badger SDI series insertion propeller flowmeter was used. Where not enough pipe was available to implement the Sierra, one of these PVC sections was plumbed into a riser bonnet or pipe outlet through which all of the water being pumped was diverted. The Badger flowmeter has a digital read-out that provides a quick and accurate assessment of flow through the pipe. The two methods of flow measurement were cross-checked where both methods could be implemented. When both methods were simultaneously executed, very similar flow values were reported. Salinity testing was performed using an Oakton portable EC meter (ppm). Static water level (SWL), or depth to groundwater before pumping, was tested using a Solinst well sounding tape. In a few cases, the well casing could be accessed so that a pumping water level (PWL), or operational depth to groundwater, could be measured. Most of the systems tested within this assessment were powered by diesel or propane engines, which give the grower the flexibility of speeding or slowing the system depending on water needs and/or system setup. Since different speeds result in different flows, the flow measurements during this assessment were performed at the speed which the grower typically operates the system. Therefore, some reported flow values are lower than the actual capability of the system in place, but higher speeds were sometimes not tested due to system setup limitations (ex: high pressure will damage polypipe). Where maximum speeds could not be assessed, the system was evaluated by retrieving a pump curve and estimating the range of flows the system was realistically capable of providing.

WELL REPORT - FARM A ChICot EASt FARM: AuCtIon tRACt 8 Location Map:

Summary: The Chicot East farm consists of 4 re-lifts and one well which had an electric power unit. The relifts were powered by one electric motor, 2 propane powered units, and 1 diesel power unit. Relift 4 located in the northeast corner of the property, used a John Deere diesel Motor and centrifugal pump to lift water about 40 feet vertically from the Boeuf River running north and south along the eastern side of the property. This system, which is used to lift water from the Boeuf River, conveys the water via a transfer canal to the tailwater recovery system for immediate use or for temporary storage in the reservoir. Relift 4 was pumping approximately 3,500 gpm at 2000 RPM. Relift 1 was the primary relift used to fill the reservoir during periods of excess surface water and delivered 3250 GPM. Relift 2 and Relift 3 were tested at less than full RPM (1500 and 1200 RPM respectively) because of the current irrigation system hook-up using polypipe could be damaged with added pressure. The pump and motor combination are capable of a greater capacity. This is a normal situation depending on crop and application demands. Testing Results: tract 8 8 8 8 8

ID CE Re-lift 1 CE Well 1 CE Re-lift 2 CE Re-lift 3 CE Re-lift 4

Flow (gpm) 3250 1450 2850 1800 3500

RPM 1800 1800 1500 1200 2000

SWL (ft.)

PWL (ft.) 12

41 12 12 40

EC (ppm) 250 1200 250 250 250

WELL REPORT - FARM B ChICot WESt FARM: AuCtIon tRACt 9 Location Map:

Summary: The Chicot West farm consists of 5 diesel powered irrigation pumping plants; 3 surface water re-lifts and 2 wells. The two wells were each tested at 1800 RPM, and had flow capacities of 2150 and 1950 respectively. The static water level was measured at 35 feet below the ground surface. The re-lift 1 was tested with measured flows of 800 and 1200 gpm at 1100 and 1300 RPM respectively. Testing speed was limited since this system was servicing poly-pipe which would burst at higher pressures. This system, based on these results and pump curve evaluation, would be capable of pumping water at 2000 gpm at higher RPM. The other 2 diesel re-lifts were used to lift water from the bayou forming the western border of the property. The first system (CW Re-lift 2) was pumping 2200 GPM at 1500 RPM. However, this system was not at full speed and would be capable of lifting water from the river at rates of 4000 gpm or more. The third re-lift was pumping 2250 gpm at a speed of 1650 RPM but would pump more at a Higer RPM. Groundwater Salinity readings were1100-1200 ppm range and surface water salinity readings were 200 PPM. Detailed values are shown in the table below. Testing Results: Tract 9 9 9 9 9

ID CW Well 1 CW Re-lift 1 CW Well 2 CW Re-lift 2 CW Re-lift 3

Flow (gpm) 2150 800 1950 2200 2250

RPM 1800 1100 1800 1500 1350

SWL (ft.) 34.5 35

EC (ppm) 1100 200 1100 200 210

WELL REPORT SUMMARY TABLE OVERALL WELL TABLE Sunflower 32 Farm

3

EC

Pump

Motor

44

520

American Marsh

Energy Source

Portable

Propane

33.901 -90.641

Portable

Propane

33.909 -90.639

Portable

Propane

33.906 -90.657

Portable

Propane

33.917 -90.64

Portable

Propane

33.922 -90.644

John Deere 6 cylinder

Diesel

33.926 -90.645

Energy Source

ID

Flow

RPM

SWL

Well 37357

1600

1500

2100

1800

PWL Drawdown

3

Well 37356

1300

1800

43

380

3

Well 11635

1700

1800

44

630

2

Well 11138

1200

1800

44

530

2

Well 38131

1200

1800

--

460

1

Center Pivot

1200*

1800*

--

--

1 3

Randolph gear box Randolph gear box Randolph gear box Johnson gear box --

Lat

Long

Commer6” Submersible 650-650* ----Electric 33.909 -90.634 cial South Commer6” Submersible 33.931 -90.651 650-700* ----Electric cial North * Estimate from experience and confirmed by the tenant farmer during the site visit. Confidence level high Sunflower Drew Farm

Tract

ID

Flow

RPM

SWL

5

11817

340

1500

47

5

42263

6

37063

6

42264A

560 680 1050 720 900 1000 1500

1800 1500 1800 1500 1800 1500 1800

6

42264B

1000

1500

1500

1800

PWL Drawdown

EC

Pump

Motor

500

Mid-South

John Deere

46.5

640

Delta

47

620

50 47

56

9

Lat

Long

Diesel

33.82 -90.587

Case

Diesel

33.807 -90.582

Delta

Case

Diesel

33.808 -90.590

700

Delta

Case

Diesel

33.802 -90.582

600

omni gear box

Case

Disel

33.807 -90.582

Pump

Motor

Sunflower 49 Farm

7 7

ID

Flow

RPM

SWL

S49 Pivot S49 Well

1210 1750

2060 1800

47 46

PWL Drawdown 55

8

EC 470 490

Energy Source Diesel Diesel

Lat

Long

33.4 33.4

-90.6 -90.6

WELL REPORT SUMMARY TABLE OVERALL WELL TABLE Chicot East Farm 8 8 8 8

ID CE Relift 1 CE Well 1 CE Relift 2 CE Relift 3

Flow 3250 1450 2850 1800

RPM 1800 1800 1500 1200

8

CE Relift 4

3500

2000

SWL 41

PWL Drawdown 12 12 12

EC 1200

40

Pump Thrush National Abbot Abbot Riceland

Motor Norwood American GMC GMC John Deere

Electric Electric Propane Propane Diesel

Lat 33.286 33.286 33.286 33.286

Long -91.368 -91.366 -91.361 -91.358

33.292 -91.358

Chicot West Farm ID

Flow

RPM

SWL

9

CW Well 1

2150

1800

34.5

9

CW Relift 1

9

CW Well 2

800 1200 1950

1100 1300 1800

9

CW Relift 2

2200

9

CW Relift 3

2250

PWL Drawdown

EC

Pump

1100

American Marsh

200 35

1100

National

1500

200

Abbot

1350

210

Deran

Motor

Isuzu

John Deere John Deere

Energy Source

Lat

Long

Diesel

33.264 -91.408

Diesel

33.264 -91.408

Diesel

33.265 -91.42

Diesel

33.263 -91.425

Diesel

33.271 -91.425

Catahoula 8 Farm ID

Flow

RPM

SWL

PWL Drawdown

EC

10

C8 1

1850

1800

25

600

10

C8 2

1100

1800

26

1500

10

C8 3

1910

1800

28

400

10

C8 4

1850

1800

27

470

10

C8 5

2050

1800

30

700

10

C8 6

2100

1800

28

450

Pump American Marsh American Marsh American Marsh American Marsh American Marsh American Marsh

Motor

Energy Source

Case

Diesel

31.771 -91.705

Case

Diesel

31.767 -91.705

Case

Diesel

31.771 -91.71

Case

Diesel

31.771 -91.72

Case

Diesel

31.779 -91.71

Case

Diesel

31.779 -91.704

Lat

Long

IMPROVEMENTS

IMPROVEMENTS SUMMARY IMPROVEMENTS The improvements are described as follows: 1. Shed: a metal post framed low cost equipment shed built around 1970. The approximate size is 50’ x 75’. 2. Tenant house: a 784 square foot dwelling built in 1980. This structure is a wood frame low cost dwelling. 3. Shed: a wood frame low cost equipment shed built around 1970. The approximate size is 60’ x 100’. 4. Grain storage: (4) - 10,000 bushels of grain storage. Two are located on the 640 acre parcel and two are located across the gravel road on 0.33 acres.

TAX RECORDS

2013 TAX STATEMENT

2013 TAX STATEMENT

2013 TAX STATEMENT

PRELIMINARY TITLE

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM A

PRELIMINARY TITLE - FARM B

PRELIMINARY TITLE - FARM B

PRELIMINARY TITLE - FARM B

PRELIMINARY TITLE - FARM B

PRELIMINARY TITLE - FARM B

PRELIMINARY TITLE - FARM B

PRELIMINARY TITLE - FARM B

950 North Liberty Drive, Columbia City, IN 46725 800.451.2709 / 260.244.7606 www.schraderauction.com