NOTICE OF LAND SALE

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Other Kingwood Locations: P.O. Box 1290 145 Greenfield Drive Monticello, AR 71657 (870) 367-8567 FAX 1-870-367-8424

P.O. Box 65 No. 4 Executive Circle Arkadelphia, AR 71923 (870) 246-5757 FAX 1-870-246-3341 E-mail: [email protected]

NOTICE OF LAND SALE Listing #4582

P.O. Box 5887 4414 Galleria Oaks Texarkana, TX 75505 (903) 831-5200 FAX 1-903-831-9988

JOAN TRACT Bid Date: Friday, May 26, 2017 @ 10:00 a.m. - Native Timber on Highway 128 in Clark County, AR -

Kingwood Forestry Services, Inc. has been authorized to manage the sale of 24.41 acres, more or less, of timberland in Clark County, Arkansas. Please visit our website at www.kingwoodforestry.com to view maps and photographs of listing #4582. Location: The Joan Tract is located approximately one (1) mile southeast of Joan, Arkansas and approximately seven (7) miles east of Arkadelphia and is further described as Part of NE¼ of NE¼ lying east of center line of Highway 128, Section 27, Township 7 South, Range 18 West, containing 24.41 acres, more or less, Clark County, Arkansas (see attached maps). Tract Description: Property has one-quarter-mile frontage on paved Highway 128 which makes up west boundary of tract. Timber consists of native pine and hardwood. Site index for loblolly pine averages seventy-six (76) feet (base age 50) on Saffell-Sacul gravelly fine sandy and silt loam soils. Electricity is available. Tract offers potential for homestead, timber harvest and/or excellent hunting opportunities. Merchantable Timber: Kingwood Forestry conducted an inventory of merchantable timber (one point / acre) in March, 2017. Based on the inventory, estimated tree counts and timber volumes are as follows: Pine Sawtimber Pine Chip’ n’ Saw Oak Sawtimber Gum & Misc. Sawtimber Pine Pulpwood Hardwood Pulpwood

455 Trees 122 Trees 103 Trees 92 Trees 193 Trees 2,648 Trees

59,181 Board Feet 3,719 Board Feet 10,491 Board Feet 8,988 Board Feet ---------

454 Tons 46 Tons 86 Tons 68 Tons 65 Tons 689 Tons

Due to variations in cruising methods, utilization standards and scaling practices, tree counts and volume estimates cannot be guaranteed. Volume reports in Tons and Board Feet are included. Additional timber volume reports (tree counts by species, diameter, and height) are available on our website at: http://www.kingwoodforestry.com/real-estate.html Method of Sale: The tract will be sold on the basis of lump sum sealed bids. An offer form is attached. Bids will be opened at the Kingwood Forestry office at #4 Executive Circle, Arkadelphia, Arkansas at 10:00 a.m., Friday, May 26, 2017. Mailed offers should be addressed to Kingwood Forestry Services, Inc., P.O. Box 65, Arkadelphia, AR 71923 with “Joan Land Sale" clearly marked in the lower left corner of the envelope to protect security of the offer. On mailed offers, please call our office prior to bid opening to confirm receipt of offer. Completed offer forms may also be delivered by fax to 870-246-3341 or e-mailed to [email protected]. All faxed / e-mailed offers will be immediately acknowledged. Please await confirmation that your faxed / e-mailed offer has been received. No verbal telephone offers will be accepted. Buyers submitting offers are welcome to attend the bid opening. Anyone submitting an offer for the purchase of the property will be provided with a summary of bid results. — Continued on back of this page —

NOTICE OF LAND SALE -JOAN TRACTBid Date: Friday, May 26, 2017 @ 10:00 a.m. Conditions of Sale: 1. The landowner reserves the right to accept or reject any offer or to reject all offers. 2. Offers submitted will remain valid through 10:00 a.m. Wednesday, May 31, 2017. Successful bidder will be notified on or before that time by telephone, fax, or e-mail. Upon acceptance of an offer, a formal Contract of Sale, with earnest money in the amount of ten percent (10%) of purchase price, will be executed between the successful bidder and landowner within seven (7) business days. A sample Contract of Sale may be provided in advance upon request. Terms are cash at closing. Closing is expected to be held within forty-five (45) days of offer acceptance. 3. Only offers for a specific dollar amount will be accepted. The parcel is being sold in its entirety for a single sum and not on a per acre basis. Advertised acreage is believed to be correct, but is not guaranteed. Seller will not provide a survey. Offer price is for entire tract, regardless of acreage. The attached tract map is thought to be accurate but should not be considered as a survey plat. 4. Conveyance will be by Warranty Deed, subject to all previous mineral conveyances, reservations and exceptions, to any valid rights-of-way, easements, leaseholds, and to any protective covenants or restrictions, which may have been recorded affecting the property, with title assured through seller-provided title insurance policy. No environmental inspection or representation has been or will be made by seller. Seller will convey, without warranty, any owned mineral rights on the property advertised in this notice. 5. Seller will pay prorated property taxes (to date of closing), deed preparation, and one-half (½) of deed stamps. Buyer will pay recording fees and one-half (½) of deed stamps. 6. A local title company will conduct the closing with buyer and seller each paying one-half (½) of settlement / closing fee. 7. If prospective buyers or their agents wish to inspect the property, such property inspections shall be done at reasonable times during daylight hours. Prospective buyers and their agents understand and acknowledge that while on the property, prospective buyers and their agents assume all liability and shall indemnify Seller and its agents, property managers and Kingwood Forestry Services from and against all claims, demands, or causes of action, of every kind, nature and description relating to its access to or presence on the property. 8. Hunting equipment (such as deer stands, feeders, trail cameras, etc.) and any other man-made items found on the property do not convey unless stated otherwise. 9. Kingwood Forestry is the real estate firm acting as agent for the seller. All information presented in this prospectus is believed to be accurate. Prospective buyers are advised to verify information presented in this sale notice. 10. Questions regarding the land sale should be directed to licensed broker Pete Prutzman or sales agents Brian Clark and Jimmy Don Thomas of Kingwood Forestry Services at 870-246-5757 or [email protected]

NOTICE OF LAND SALE - Listing #4582 "Joan Tract" Pt. NE¼ of NE¼, Sec. 27, T7S, R18W, Clark County, Arkansas Containing 24.41 acres, more or less

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NOTICE OF LAND SALE - Listing #4582 "Joan Tract" Pt. NE¼ of NE¼, Sec. 27, T7S, R18W, Clark County, Arkansas Containing 24.41 acres, more or less

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Kingwood Forestry Services, Inc. No. 4 Executive Circle Arkadelphia, AR 71923

Phone: Fax: Email: Website:

870-246-5757 870-246-3341 [email protected] www.kingwoodforestry.com

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21 BClark

Pine Product Sawtimber Chip-N-Saw Pulpwood Topwood Class Total

Trees 455 122 193 0 770

Stratum Total Tons 454 46 65 100

Doyle BF 59,181 3,719 0 0

BA 24.3 2.9 3.6 0.0

Trees 19 5 8 0

665

62,900

30.7

32

Per Acre

Tons 18.6 1.9 2.6 4.1

Doyle BF 2,424.5 152.3 0.0 0.0

27.2

2,576.8

Average Tree DBH 14.9 10.2 8.8 0.0

Height 42.0 29.7 40.1 0.0

12.7

39.6

Oak Product Sawtimber Pulpwood Class Total

Trees 103 1,004 1,107

Stratum Total Tons 86 305 391

Doyle BF 10,491 0 10,491

BA 6.4 18.6 25.0

Trees 4 41 45

Per Acre

Tons 3.5 12.5 16.0

Doyle BF 429.8 0.0 429.8

Average Tree DBH 16.6 8.8 9.5

Height 23.7 29.3 28.8

Misc. Hardwood Product Sawtimber Pulpwood Class Total

Trees 92 1,644 1,736

StratumTotal

3,614

Monday, April 24, 2017

Stratum Total Tons 68 384 452

Doyle BF 8,988 0 8,988

BA 5.7 26.4 32.1

Trees 4 67 71

1,508

82,379

87.9

148

Per Acre

Tons 2.8 15.7 18.5

Doyle BF 368.2 0.0 368.2

61.8

3,374.8

Average Tree DBH 16.5 8.2 8.7

Height 20.3 28.6 28.1

9.8

30.8

Page 1 of 1

ADDITIONAL TIMBER VOLUME REPORT

Kingwood Forestry Services, Inc. No. 4 Executive Circle Arkadelphia, AR 71923

Phone: Fax: Email: Website:

870-246-5757 870-246-3341 [email protected] www.kingwoodforestry.com

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21 BClark

Pine Product

Trees

Stratum Total Tons

Doyle BF

BA

Trees

Per Acre

Tons

Doyle BF

Average Tree DBH

Height

Natural Lob Sawtimber Chip-N-Saw Pulpwood Topwood

455 122 193 0

454 46 65 100

59,181 3,719 0 0

24.3 2.9 3.6 0.0

19 5 8 0

18.6 1.9 2.6 4.1

2,424.5 152.3 0.0 0.0

14.9 10.2 8.8 0.0

42.0 29.7 40.1 0.0

Group Total

770

665

62,900

30.7

32

27.2

2,576.8

12.7

39.6

Class Total

770

665

62,900

30.7

32

27.2

2,576.8

12.7

39.6

Oak Product

Trees

Stratum Total Tons

Doyle BF

BA

Trees

Per Acre

Tons

Doyle BF

Average Tree DBH

Height

Red Oak Spp. Sawtimber Pulpwood

66 711

59 224

7,328 0

4.3 13.6

3 29

2.4 9.2

300.2 0.0

17.0 8.9

24.8 28.8

Group Total

776

283

7,328

17.9

32

11.6

300.2

9.5

28.4

Sawtimber Pulpwood

37 293

27 81

3,162 0

2.1 5.0

2 12

1.1 3.3

129.6 0.0

16.0 8.5

21.8 30.5

Group Total

330

108

3,162

7.1

14

4.4

129.6

9.4

29.5

1,107

391

10,491

25.0

45

16.0

429.8

9.5

28.8

White Oak Spp.

Class Total

Misc. Hardwood Stratum Total Tons

Doyle BF

BA

Trees

56 947

30 206

3,567 0

2.9 15.0

1,003

236

3,567

Sawtimber Pulpwood

36 697

38 178

Group Total

733

216

Product

Trees

Per Acre

Tons

Doyle BF

2 39

1.2 8.4

17.9

41

5,421 0

2.9 11.4

5,421

14.3

Average Tree DBH

Height

146.1 0.0

15.1 8.2

18.1 27.0

9.7

146.1

8.6

26.5

1 29

1.5 7.3

222.1 0.0

18.5 8.3

23.7 30.7

30

8.8

222.1

8.8

30.3

Misc. Hardwood Sawtimber Pulpwood Group Total

Sweetgum

Monday, April 24, 2017

Page 1 of 2

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21 BClark

Class Total

1,736

452

8,988

32.1

71

18.5

368.2

8.7

28.1

Stratum Total

3,614

1,508

82,379

87.9

148

61.8

3,374.8

9.8

30.8

Monday, April 24, 2017

Page 2 of 2

ADDITIONAL TIMBER VOLUME REPORT

Kingwood Forestry Services, Inc. No. 4 Executive Circle Arkadelphia, AR 71923

Phone: Fax: Email: Website:

870-246-5757 870-246-3341 [email protected] www.kingwoodforestry.com

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21.00 BClark

Pine Stratum Total

Natural Lob Sawtimber

Sawtimber Total Chip-N-Saw

Chip-N-Saw Total Pulpwood

DBH 12 13 14 15 16 17 18 19 20 22 26 28

Trees 111 57 82 43 63 33 20 9 16 13 5 4

Tons 77 41 64 47 71 34 26 14 27 28 14 12

14.9

455

454

DBH 10 11

Trees 96 26

Tons 30 16

10.2

122

46

DBH 7 8 10 15

Trees 65 50 64 14

Tons 11 11 30 13

Monday, April 24, 2017

Per Acre

Doyle BF Cu. Ft. IB 7,444 2,233 4,368 1,196 7,358 1,859 5,586 1,367 9,005 2,097 4,807 993 3,901 761 2,231 415 4,301 810 5,035 838 2,709 414 2,436 356

BA 3.6 2.1 3.6 2.1 4.3 2.1 1.4 0.7 1.4 1.4 0.7 0.7

Trees 5 2 3 2 3 1 1 0 1 1 0 0

Tons 3.1 1.7 2.6 1.9 2.9 1.4 1.1 0.6 1.1 1.2 0.6 0.5

13,337

24.3

19

18.6

Doyle BF Cu. Ft. IB 2,253 839 1,466 466

BA 2.1 0.7

Trees 4 1

Tons 1.2 0.7

1,305

2.9

5

1.9

Doyle BF Cu. Ft. IB 0 299 0 297 0 868 0 378

BA 0.7 0.7 1.4 0.7

Trees 3 2 3 1

Tons 0.4 0.4 1.2 0.5

59,181

3,719

Average Tree Doyle BF Cu. Ft. IB SL CFT/Ft 304.9 91.5 0.43 179.0 49.0 0.52 301.4 76.2 0.61 228.9 56.0 0.66 368.9 85.9 0.76 196.9 40.7 0.92 159.8 31.2 1.06 91.4 17.0 1.16 176.2 33.2 1.14 206.3 34.3 1.57 111.0 16.9 2.16 99.8 14.6 2.69

Height 46.9 40.5 37.3 48.5 43.9 32.5 36.5 40.5 44.5 40.5 40.5 32.5

0.70

42.0

Doyle BF Cu. Ft. IB SL CFT/Ft 92.3 34.4 0.36 60.1 19.1 0.36

Height 24.5 48.5

2,424.5

152.3

546.4

0.36

29.7

Doyle BF Cu. Ft. IB SL CFT/Ft 0.0 12.2 0.00 0.0 12.2 0.00 0.0 35.6 0.00 0.0 15.5 0.00

Height 32.0 32.0 53.0 47.8

Page 1 of 5

53.5

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21.00 BClark

Pine Stratum Total

Natural Lob Pulpwood Total

Per Acre 0

8.8

193

65

DBH

Trees

Tons

0.0

0

100

0

Natural Lob Total

12.7

770

665

Pine Total

12.7

770

665

Topwood Topwood Total

Average Tree

1,841

3.6

8

2.6

0.0

75.4

0.00

40.1

Doyle BF Cu. Ft. IB

BA

Trees

Tons

Doyle BF Cu. Ft. IB SL CFT/Ft

Height

3,225

0.0

0

4.1

0.0

132.1

0.00

0.0

62,900

19,708

30.7

32

27.2

2,576.8

807.4

0.64

39.6

62,900

19,708

30.7

32

27.2

2,576.8

807.4

0.64

39.6

Oak Stratum Total

Red Oak Spp. Sawtimber

Sawtimber Total Pulpwood

DBH 15 16 18 22

Trees 14 25 20 7

Tons 10 22 17 10

17.0

66

59

DBH 6 7 8 10 11 12 13 14 17

Trees 178 65 200 64 53 89 19 33 11

Tons 20 10 42 24 27 48 14 25 15

Monday, April 24, 2017

Per Acre

Doyle BF Cu. Ft. IB 1,074 262 2,518 588 2,235 458 1,502 263

BA 0.7 1.4 1.4 0.7

Trees 1 1 1 0

Tons 0.4 0.9 0.7 0.4

1,571

4.3

3

2.4

Doyle BF Cu. Ft. IB 0 520 0 260 0 1,118 0 635 0 706 0 1,271 0 373 0 678 0 411

BA 1.4 0.7 2.9 1.4 1.4 2.9 0.7 1.4 0.7

Trees 7 3 8 3 2 4 1 1 0

Tons 0.8 0.4 1.7 1.0 1.1 2.0 0.6 1.0 0.6

7,328

Average Tree Doyle BF Cu. Ft. IB SL CFT/Ft 44.0 10.7 0.75 103.2 24.1 0.83 91.5 18.7 1.13 61.5 10.8 1.63 300.2

0.97

24.8

Doyle BF Cu. Ft. IB SL CFT/Ft 0.0 21.3 0.00 0.0 10.7 0.00 0.0 45.8 0.00 0.0 26.0 0.00 0.0 28.9 0.00 0.0 52.1 0.00 0.0 15.3 0.00 0.0 27.8 0.00 0.0 16.9 0.00

Height 24.1 24.1 26.7 32.0 37.2 32.0 39.9 34.6 45.1

Page 2 of 5

64.4

Height 24.5 28.5 20.5 24.5

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21.00 BClark

Oak Stratum Total

Red Oak Spp.

Per Acre

Average Tree

Pulpwood Total

8.9

711

224

0

5,973

13.6

29

9.2

0.0

244.7

0.00

28.8

Red Oak Spp. Total

9.5

776

283

7,328

7,544

17.9

32

11.6

300.2

309.1

0.97

28.4

Stratum Total

White Oak Spp.

Per Acre

DBH 16

Trees 37

Tons 27

16.0

37

27

DBH 7 8 9 10 12 13

Trees 130 50 39 32 22 19

Tons 23 11 12 12 12 12

Pulpwood Total

8.5

293

81

0

White Oak Spp. Total

9.4

330

108

Oak Total

9.5

1,107

391

Sawtimber Sawtimber Total Pulpwood

Doyle BF Cu. Ft. IB 3,162 721

Average Tree

BA 2.1

Trees 2

Tons 1.1

721

2.1

2

1.1

Doyle BF Cu. Ft. IB 0 609 0 306 0 307 0 307 0 309 0 309

BA 1.4 0.7 0.7 0.7 0.7 0.7

Trees 5 2 2 1 1 1

Tons 0.9 0.5 0.5 0.5 0.5 0.5

2,145

5.0

12

3.3

0.0

87.9

0.00

30.5

3,162

2,866

7.1

14

4.4

129.6

117.4

0.88

29.5

10,491

10,410

25.0

45

16.0

429.8

426.5

0.94

28.8

3,162

Doyle BF Cu. Ft. IB SL CFT/Ft 129.6 29.5 0.88 129.6

29.5

Height 21.8

0.88

21.8

Doyle BF Cu. Ft. IB SL CFT/Ft 0.0 24.9 0.00 0.0 12.5 0.00 0.0 12.6 0.00 0.0 12.6 0.00 0.0 12.6 0.00 0.0 12.7 0.00

Height 30.5 30.5 30.5 30.5 30.5 30.5

Misc. Hardwood Stratum Total

Misc. Hardwood Sawtimber

DBH 14 15 17

Monday, April 24, 2017

Trees 16 28 11

Tons 7 14 9

Doyle BF Cu. Ft. IB 740 195 1,599 391 1,228 263

Per Acre BA 0.7 1.4 0.7

Trees 1 1 0

Tons 0.3 0.6 0.4

Average Tree Doyle BF Cu. Ft. IB SL CFT/Ft 30.3 8.0 0.73 65.5 16.0 0.83 50.3 10.8 0.97

Page 3 of 5

Height 16.5 16.5 24.5

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21.00 BClark

Misc. Hardwood Stratum Total

Misc. Hardwood Sawtimber Total

Per Acre 3,567

15.1

56

30

DBH 6 7 8 9 10 11 14 15

Trees 178 261 150 158 128 26 33 14

Tons 17 32 27 41 47 10 20 11

8.2

947

206

0

Misc. Hardwood Total 8.6

1,003

236

3,567

Pulpwood

Pulpwood Total

Sawtimber

Sawtimber Total Pulpwood

850

2.9

2

1.2

Doyle BF Cu. Ft. IB 0 520 0 957 0 811 0 1,228 0 1,388 0 300 0 600 0 340

BA 1.4 2.9 2.1 2.9 2.9 0.7 1.4 0.7

Trees 7 11 6 6 5 1 1 1

Tons 0.7 1.3 1.1 1.7 1.9 0.4 0.8 0.5

6,144

15.0

39

8.4

0.0

251.7

0.00

27.0

6,994

17.9

41

9.7

146.1

286.5

0.84

26.5

DBH 16 18 19 25

Trees 12 10 9 5

Tons 9 9 7 12

18.5

36

38

DBH 6 7 8 9 10 11

Trees 178 196 50 39 96 53

Tons 18 26 10 11 41 21

Monday, April 24, 2017

146.1

34.8

0.84

18.1

Doyle BF Cu. Ft. IB SL CFT/Ft 0.0 21.3 0.00 0.0 39.2 0.00 0.0 33.2 0.00 0.0 50.3 0.00 0.0 56.9 0.00 0.0 12.3 0.00 0.0 24.6 0.00 0.0 13.9 0.00

Height 24.1 21.5 25.9 30.7 37.2 29.4 29.4 34.6

Per Acre

Stratum Total

Sweetgum

Average Tree

Doyle BF Cu. Ft. IB 1,151 262 1,293 263 989 195 1,988 326

BA 0.7 0.7 0.7 0.7

Trees 1 0 0 0

Tons 0.4 0.4 0.3 0.5

1,047

2.9

1

1.5

Doyle BF Cu. Ft. IB 0 520 0 776 0 298 0 334 0 1,210 0 630

BA 1.4 2.1 0.7 0.7 2.1 1.4

Trees 7 8 2 2 4 2

Tons 0.7 1.1 0.4 0.5 1.7 0.9

5,421

Average Tree Doyle BF Cu. Ft. IB SL CFT/Ft 47.2 10.7 0.86 52.9 10.8 1.09 40.5 8.0 1.34 81.4 13.4 1.96 222.1

1.22

23.7

Doyle BF Cu. Ft. IB SL CFT/Ft 0.0 21.3 0.00 0.0 31.8 0.00 0.0 12.2 0.00 0.0 13.7 0.00 0.0 49.6 0.00 0.0 25.8 0.00

Height 24.1 24.1 29.4 34.6 46.9 32.0

Page 4 of 5

42.9

Height 24.5 24.5 16.5 32.5

Timber Volume Estimates Stratum: Acres: Plots: Cruiser:

Cruise Date: 04/24/2017 Cruise Type: Point Plot Size/BAF: 15.00

Joan_Tract 24.41 21.00 BClark

Misc. Hardwood Stratum Total

Sweetgum

Per Acre

Doyle BF Cu. Ft. IB 0 1,122 0 338

DBH 12 13

Trees 67 19

Tons 38 12

Pulpwood Total

8.3

697

178

0

Sweetgum Total

8.8

733

216

Misc. Hardwood Total 8.7

1,736

Stratum Total

3,614

Pulpwood

Monday, April 24, 2017

9.8

Average Tree Doyle BF Cu. Ft. IB SL CFT/Ft 0.0 46.0 0.00 0.0 13.9 0.00

BA 2.1 0.7

Trees 3 1

Tons 1.6 0.5

5,229

11.4

29

7.3

0.0

214.2

0.00

30.7

5,421

6,276

14.3

30

8.8

222.1

257.1

1.22

30.3

452

8,988

13,270

32.1

71

18.5

368.2

543.6

1.01

28.1

1,508

82,379

43,388

87.9

148

61.8

3,374.8

1,777.5

0.70

30.8

Page 5 of 5

Height 40.8 34.6

OFFER FORM −JOAN TRACT− Bid Date: Friday, May 26, 2017 @ 10:00 a.m. Send Completed Offer Forms to us: Mail: P.O. Box 65, Arkadelphia, AR 71923 Fax: 870-246-3341 Hand Deliver: #4 Executive Circle, Arkadelphia, AR 71923 E-mail: [email protected]

Reference is made to the attached Kingwood Forestry Services, Inc. Joan Tract Notice of Land Sale. I submit the following offer for the purchase of the tract described as Part of NE¼ of NE¼ lying east of center line of Highway 128, Section 27, Township 7 South, Range 18 West, containing 24.41 acres, more or less, Clark County, Arkansas (see attached maps). My offer will remain valid through 10:00 a.m., Wednesday, May 31, 2017. Successful bidder will be notified at or before that time by telephone, fax, or e-mail. If my offer is accepted, I am ready, willing, able, and obligated to execute a Contract of Sale within seven (7) business days with earnest money in the amount of ten percent (10%) of purchase price. Closing is expected to be held within forty-five (45) days of offer acceptance. I have read and understand the Method of Sale and Conditions of Sale sections in this notice. Send offer form to:

Kingwood Forestry Services, Inc. (Before 10:00 a.m., Friday, May 26, 2017) P. O. Box 65, Arkadelphia, AR 71923 or fax to 870-246-3341 E-mail completed Offer Form to [email protected]

Joan Tract (Listing #4582: 24.41 acres, more or less): Date:

$

Fax No.:

Bidder:

Phone No.: Printed

Bidder:

Company: Signed

Printed

Address: Street

Email:

City, State, Zip