UNRESERVED REAL ESTATE AUCTION

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1 UNRESERVED REAL ESTATE AUCTION For James and Jill Careless 2 Deeded Quarters (Home Quarter includes Home & Buildings) Saturday, October 17, 2015 Real Estate sells at 12:00 PM Held in conjunc on with Westlock Consignment Sale which starts at 10:00 AM C 1: SW W5th 160 Acres +/ (Home Quarter) C 2: SE W5th 160 Acres +/ Excellent, well cared for ca le set up. Manicured yard site with mature low maintenance landscaping, shop, storage, open faced animal shelters, and barn. If you are looking to start farming or you would like to add some great property to your exis ng opera on, look no further. SALE MANAGED BY

2 LOCATION C 2 C 1 Property Direc ons: (56507 Rg Rd 13) Travel West of Hwy 44 (Alcomdale) on Twp Rd Km. Turn South and travel 1.2 Km on Rg Rd 13. C 1 on East side of road and C 2 on West side of road marked with signs. Or West of Busby on Hwy km to Rg Rd 12, turn South and travel 6.43 km to Twp Rd 570, West 1.6 km to Rg Rd 13, and then South 1.2 km. Sale Site Direc ons: Westlock Consignment Sale is being held at the Westlock Ag Barn Ave (Pickardville Road). Travel South from Hwy 18 on Pickardville Road, Ag Barn on West side of the Road. Proper es located West of Alcomdale (hall) and South West of Busby (Store, gas, hall, K 6 school). Only 1/2 hour drive SE to St Albert or to the West end of Edmonton. A opportunity to purchase two quarters of hay/pasture land beside each other. Disclosure: C 1 is located on one of two op onal routes for new power line, scheduled to be completed in The line would poten ally go across far East side of quarter. Informa on will be updated as received.

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4 BASIC INFORMATION C 1 SW W5th 160 +/ Acres LEGAL MUNICIPALITY SIZE (APPROX) SW W5th BARRHEAD COUNTY 160 +/ ACRES TAXES (2014) $ ZONING AGRICULTURAL POSSESSION November 17, 2015 LEASE REVENUE SERVICES NONE Power, Natural Gas, Water Cistern, Dugout Water System, Surface Discharge Sep c System Quarter Highlights 160 +/ acres with approx. 96 open pasture acres. Land has been hayed in the past and is currently being used as pasture. Broke up into three areas, good fence, drainage ditch with two culverts, grazing 30 pairs this year. Amazing mature yard site with garden spot and landscaping. Aerial Photo Soil Map

5 Home/Yard Highlights AGE 1979 (TBV) STYLE BATHROOMS Bungalow with Full basement 1 3 pce on main, 1 3 pce in basement BEDROOMS 3+1 TOTAL SQUARE FEET CONSTRUCTION EXTERIOR ROOF TYPE FOUNDATION BASEMENT DEVELOPMENT FLOORING GOODS INCLUDED OUTBUILDINGS 1144 Square Feet Wood Frame Stucco Asphalt Shingles Concrete Par ally Finished Linoleum, Carpet Fridge (2), Stove, Washer, Dryer, BI Vacuum & A achments, Window Coverings, Deep Freeze 44x32 Quonset, 36x48 Barn/Shop 30x40, (2) Older Wood Grain Bins, 8x8 Storage Shed, 8x10 Pump house Well maintained 1979 home with upgrades including vinyl triple pane metal capped windows (2010), HE furnace (2009) and HWT (2012), 3000 gal water cistern (2012), new sep c tank, surface discharge lines and tank alarm (2010), chimney (2015), basement bathroom (2015), etc. Main floor boasts a bright south facing kitchen with lots of cabinets (lazy susans & pull outs). Living room with large picture window, front entrance door and closet. Three bedrooms and 3 pce bathroom. Large rear entrance with closet sink. Basement has one bedroom, family room with wood burning stove, laundry/mechanical area (houses pressure system), and cold room just needs flooring and ceiling to be complete. Amazing yard site with mature, beau ful landscaping and many buildings including: 44x32 Quonset shop with concrete floor, nat gas and water, insulated and sheeted, heated with furnace, 220V, and 16x12 overhead door, 8x12 & 24x32 open faced animal shelters, 36x48 metal clad barn/shop with sliding doors on each end, 12 ceiling, concrete floor w/ drain and pit (16x12 heated room with sink), storage sheds, etc. The barn yard is broke up into several pens and corrals (3 auto waterers). Water system set up to bring water from dugout for barn yard. The Klondike Trail passes through the quarter and large tree in front yard has been honored as a Heritage Tree both marked with plaques.

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9 BASIC INFORMATION C 2: SE W5th 160 Acres +/ LEGAL MUNICIPALITY SIZE (APPROX) SE W5th BARRHEAD COUNTY 160 +/ ACRES TAXES $ ZONING AGRICULTURAL POSSESSION November 17, 2015 LEASE REVENUE SERVICES NONE NONE Aerial Photo Soil Map 160 acres with approx. 140 open acres. Good fencing and cross fencing, large drainage ditch with culverts, dugout, and small corral. Presently broke up into three pasture areas. Grazing 35 pairs this season.

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11 REAL ESTATE AUCTION TERMS 1.UNRESERVED: In this auc on, the seller has agreed to accept the highest bid regardless of price. Proper es will sell to the highest bidder without minimum or reserve. 2.AGENT OF THE SELLER: Royal LePage Town & Country Realty (Real Estate Brokerage) is ac ng only as agent of the seller & not as an agent of the Purchaser. They will provide prospec ve buyers with all facts known to the agent that will or may affect the marketability or value of the property. 3.PURCHASE CONTRACT: The Real Estate Purchase Contract that applies to each property is available for inspec on prior to the auc on. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Note: These contracts will not be subject to any buyer s condi ons. 4.GST: Applies to these proper es. The Purchase Price (Bid price) does not include GST. 5.DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to Royal LePage Town & Country Realty (Trust) in the form of a cer fied cheque, money order, bank dra or other approved payment as follows: $20, (twenty thousand dollars) per parcel 6.COMPLETION DAY: Titles will be clear of encumbrances except those which are to remain on the tle as shown on the Purchase Contract. Buyer will pay the balance of the purchase price to their lawyer on or before Comple on Day (November 17, 2015). Possession will be in accordance with the terms of the Purchase Contract. 7.NO WARRANTY: The Purchaser shall accept the Property as is and specifically agrees that neither the Seller, Auc oneer or Realtor makes any representa ons or warran es of any kind as to the condi on or fitness of the Property, environmental or otherwise, or any improvements thereon. All informa on provided is meant as a guide only. In accep ng a buyer registra on number each bidder acknowledges receipt of the Property Informa on Package provided. The Purchaser shall have sa sfied himself as to the descrip ons, loca on & condi on of the property prior to bidding. 8.AUCTIONEER RESERVES THE RIGHT to accept or reject any bid and in all cases of dispute the auc oneer s decision shall be final. If an auc oneer declares a property sold or closes the bidding and more than one party immediately claims to hold the high bid the auc oneer may declare who holds the high bid or re open the bidding for further advances from the par es who held the high bid. 9.TAPE RECORDING: Real estate auc ons managed by Royal LePage Town & Country Realty in conjunc on with Sekura Auc ons are tape recorded. If it is necessary to verify any fact related to the sale a copy of the tape may be provided to the seller or a buyer. 10.BUYERS FURTHER AGREE to be responsible for all charges to them including deposits on sale day, and subsequent payments as outlined in the Purchase Contract. It is understood that if any payment is not made or if any cheque given to Royal LePage Town & Country Realty as payment is not honored that the buyer will face civil and/or criminal charges. In accep ng a buyer registra on number all buyers agree to be bound by the above terms as well as any other condi ons announced by the auc oneer. SALE MANAGED BY

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