Legal Description: SW/4, Section 2, Block M10A, Castro County Texas, containing 160 Acres more or less.

CRP INFORMATION:

Contract Number: 813B, Farm Number: 2984, Tract Number: 728

Acres Enrolled: 145.2

Rental Rate Per Acre: $37.55

Annual Contract Payment: $5,452.00

Contract Period: 10-01-2006 to 9-30-2016

Remaining CRP Payments: 9 x $5,452.00 = $49,068.00

2008 CRP Payment will be prorated through closing date.

Minerals: Seller reserves all Oil and Gas minerals. (Most minerals were previously reserved by a Children’s Home)

Wind: Seller reserves ½ of the wind energy.

Taxes: $ 1062.27 (2007)

Description: This nice ¼ section has 9 years remaining in the CRP program. The property has a good barbed wire fence. There is an older (possibly 100 years old) barn located near the NW part of the property. There are 3 wells on the property. This property is located only ½ mile off of pavement on ...