AUCTION TERMS & CONDITIONS Bobcat Ranch October 14th, 2021 THRU October 18th, 2021 4:00 PM MST ANNOUNCEMENTS AND STATEMENTS MADE BY HAYDEN OUTDOORS AT AND/OR DURING THE AUCTION WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR OTHER ORAL STATEMENTS. PROSPECTIVE BUYERS ARE ADVISED TO CONSULT WITH AN ATTORNEY OF THEIR CHOICE, WITH RESPECT TO THE PURCHASE OF ANY REAL PROPERTY INCLUDING, BUT NOT LIMITED TO, SEEKING LEGAL ADVICE FROM THEIR OWN ATTORNEY REGARDING DISCLOSURES AND DISCLAIMERS SET FORTH BELOW. INTERNET-ONLY AUCTION: WWW.HAYDENOUTDOORS.HIBID.COM AUCTION FORMAT: This auction is an Internet-Only Auction and will be offered for sale to the highest bidder(s). It will be sold subject to Seller confirmation. The property will be offered in its entirety. Our goal is to realize the highest return to the seller, and to satisfy all interested parties by allowing bidders, who are interested, to have the same opportunity. This auction features EXTENDED BIDDING! Any lot that gets a bid within 5 minutes of its scheduled closing time will remain open for bids past its normal close; it will go in to extended bidding. It will remain open until there are no bids on the ranch for 5 minutes. All bidding is open to the public and bidders must register before end of auction in order to submit bids. Bidding during the auction will require you place bids on the internet site provided. AUCTION PROCEDURES: Conducting of the auction and increments of bidding are at the direction and discretion of Hayden Outdoors. Online auction will be managed at the Hayden Outdoors Real Estate offices in Windsor, CO. Announcements made online by Hayden Outdoors supersede all previously printed material. Auction is open to registered bidders. If any disputes should arise following the auction, the Auctioneer's records shall be conclusive. Property(ies) are sold AS IS, WHERE IS. For internet-only auctions, Hayden Outdoors reserves the right to cancel and/or reopen the auction in the case of system failures. AUCTION REGISTRATION: All parties seeking to bid on the property at auction must register online prior to end of auction. Bidders are encouraged and may register prior to sale. Same day registration will be allowed and bidders should allow enough time to register and receive a bid number prior to auction. All bidders will be required to sign a statement ("Bidders Registration") prior to commencement of bidding that the bidder has inspected the property and sale documents and is financially capable of closing the transaction. All bidding is open to the public and the property is offered for sale to qualified purchasers without regard to sex, race, color, religion, natural origin, or handicap. Buyer's Brokers are required to pre-register their clients by completing a Buyer's Broker Registration form. This will include providing client represented and opening bid amount. Additional information for Brokers is available upon request. REQUIREMENTS OF THE HIGH BIDDER(S): Immediately following the conclusion of a successful auction, the highest bidder(s) shall enter into and sign a Colorado Real Estate Buy/Sell Contract for the amount of the bid. Required earnest money deposit to be in the form of a wire transfer for minimum of 10% non refundable earnest money (or per contract), which is due upon the signing of the contract and to be deposited with Land Title Guarantee Company in Steamboat, CO. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. Terms and conditions of the detailed brochure and oral announcements shall be incorporated into and made part of this contract. CLOSING: Purchaser(s) shall pay in cash, electronic transfer funds, or cashier's check (Good Funds), the balance of purchase price (purchase price less earnest money deposit), plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before December 02, 2021. Closing to be conducted by Northwest Title Company and the closing agent fees to be split equally between Sellers and Purchaser(s). POSSESSION: Ownership possession will be given upon final settlement. PROPERTY CONDITION: The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers or Sellers Agents. TITLE: Sellers to pass title by General Warranty Deed. The Purchaser(s) to receive a TBD title commitment within the Property Information Packet, updated title commitment with the Purchaser(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner's title insurance policy in an amount equal to the Purchase Price after closing. Title Insurance to be used as evidence of marketable title and cost of the premiums to be that of the Sellers. Property to be sold subject to existing roads and highways; established easements and rights-of-ways; other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review and are incorporated into the Property Information Packet at the auction and will be incorporated and made a part of the Real Estate Purchase Contract. REAL ESTATE TAXES: Taxes shall be prorated to the Day of Closing with Sellers paying all taxes prior to closing. LEGAL DESCRIPTION: Legal Descriptions are subject to existing fence/field boundaries or land- use trades, if any. MINERALS: ANY AND ALL MINERAL RIGHTS TO BE CONVEYED WITH PROPERTY. WATER: 7 springs, 2 wells, 2.35 CFS, 86 acre feet, 2.5 CFS, and 300 acre feet. NOXIOUS WEEDS: N/A ACREAGES: All stated acreages are approximate and are obtained from either the county tax records, current legal descriptions, and/or aerial photos, and FSA information. No warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in the purchase price of the acreage is different than what is stated in this brochure and/or stated at the auction. The detail brochure includes the estimated taxed acres. All price per acre calculations in the initial brochure, detailed brochure, and visual presentation at the auction are based on County Assessor records. Any crop, base and harvest numbers are from FSA and NRCS dryland measurements. ANNOUNCEMENTS: The information contained herein has either been given to us by the owners of the properties or obtained from sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Hayden Outdoors and the Sellers assume no responsibility for the omissions, corrections or withdrawals. The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All property is to be sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. Hayden Outdoors and all other agents of Broker are or will be acting as a Transaction Broker unless noted otherwise. Announcements made by Hayden Outdoors at the time of sale will take precedence over any previously printed material or other oral statements. Hayden Outdoors reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments at the discretion of the Broker and/or Auctioneer. BIDDING PROCEDURE As a buyer you have two objectives to accomplish: 1. Purchasing the property. 2. Purchasing the property at a price you can afford. HOW IS THIS ACCOMPLISHED? 1. Estimate comparative value. 2. Experienced buyers always decide what to pay before the bidding begins. 3. Inspect the property carefully. 4. Compare with other properties available in the area. 5. Check the selling price of previously sold properties. 6. Discuss your buying plans with a lender. Have your financing arrangements made in advance. 7. The sale is not contingent upon financing, appraisals, or inspections.

About This Property Bobcat Ranch is a unique 2,538 +/- acre deeded property with hundreds of additional leased acres included within the boundaries of the ranch. There are thousands of acres of public land adjacent to the ranch offering no or very limited public access. Land Bobcat Ranch is located in Colorado and Utah in two trophy hunting units known for world class Elk and Mule deer. Bull elk scoring 320 and up are the norm, with many bulls harvested over 350, Mule deer from 180 are also very common, with several taken over 200. The ranch has Offield Reservoir, a 300 acre-foot lake on the property, when at its capacity. Along with numerous springs and ponds throughout the ranch. Elevations range from 6,800 to 8,800 feet. Bobcat Ranch is perimeter and cross fenced as necessary for proper livestock rotation. Bobcat Ranch borders thousands of acres of Public Land, offering great hiking, horseback riding, four wheeling, exploring and more. A neighboring 1,200 acre ranch just adjacent to the Bobcat Ranch grazes yearlings on the Bobcat Ranch in exchange for the Bobcat Ranch owners and guests having additional trophy acreage to hunt. The new owners of the Bobcat Ranch could continue with the hunting lease agreement with the neighbor if so desired by both parties. Hunting: The public access tag situation is as follows: There are three cow elk hunters given access, spread out over the Colorado seasons. There is not more than one public cow elk hunter in any given season at a time.There is either a public bull elk hunter or a public mule deer buck hunter allowed access each year. The owner controls which hunter based upon what ranch tags they hold for the particular year to avoid conflict with the landowner and the public hunter. If the owners have an elk tag they will have a public buck hunter that year. If they have a buck and a bull tag they select a buck hunter and place them in a season that owners do not have the buck tag. Consevation Easement: The ranch is protected by any further development under a conservation easement. Contact listing agent for details. Improvements MAIN HOME/ GUEST HOUSE: The main home is a 3,000 square foot log home with 4 bedrooms, 3 full baths and 1 half bath. The home is beautifully located in a stand of trees at the base of Wild Mountain with spectacular views of Pettijohn Mountain and Hoy Mountain. Construction was meticulously planned to provide scenic views from every window of the house. A deck offers fabulous views of the terrain and a place to gather with friends and family to soak in the sites and the mountain experience. An additional 2 bedroom log home is located on the Colorado portion of the ranch, offering overflow for family and guests. Region & Climate Bobcat Ranch is located on Diamond Mountain, less than an hours drive from Vernal, Utah with its regional commercial Jet service. There are many attractions within a short distance from the ranch, including the Flaming Gorge and Green River with fantastic fishing. There are also additional Reservoirs on Diamond Mountain known for excellent fishing all located within a 30 minute drive of the ranch. Dinosaur National Monument (with over 200,000 acres) is within a mile of the ranch, allowing wildlife travel to and from the Bobcat Ranch. The Monument does not allow hunting, which adds many trophy animals to the area. History Bobcat Ranch is rich with the history of the old west. In fact, Butch Cassidy, the Sundance Kids and the Wild Bunch rode their horses through the ranch! Don't miss your chance to own this spectacular trophy hunting property and piece of western history. The Bobcat ranch is truly a special property that you, your family and friends will all enjoy!