OSGOOD FARM. Price: $650,000

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1 OSGOOD FARM An excellent, multi-use recreational property with a mix of fields, forest, and an operational gravel pit. In addition, there is a year-round residence, hunting opportunities, walking trails, and quiet seclusion ± 580 GIS Acres Prentiss Township, Penobscot County, Maine Price: $650,000 Fountains Land, an F&W company, 422 Meadow Road, Hampden, Maine Contact: Jesse Studley ~ jesse.studley@fountainsland.com ~ Office: (207) ~ Cell: (207) fountainsland.com

2 LOCATION Osgood Farm is located approximately 75 miles north of Bangor, Maine, in Penobscot County. While home to the largest metropolitan area north of Portland, the area is primarily rural and remote. The landscape is a series of rolling hills punctuated by clear lakes and small villages. Prentiss Township is an unorganized territory and, therefore, does not have its own government. It is about halfway between I-95 to the west and Route 1 to the east. New Brunswick, Canada, is about 30 miles due east. The nearest services are in the town of Lincoln, 30 miles to the southwest. Lincoln is a town of just less than 3,000 and has a hospital, an 18- hole golf course, and a business district. Primary employers in this region are in the forest products industry. Bangor has an airport and is an hour-and-a-half to the southwest, while the Downeast Maine coast is about 2 hours to the southeast. The house sits off of Molly Osgood Road with the property on both sides. ACCESS The property has frontage on two paved, town maintained roads. Molly Osgood Road is newly paved and bisects the property creating 9,900 feet of frontage on two sides. The house is off of this road. There is an additional 1,000 feet of frontage on Route 170. Internal access to the property is well developed and consists of forest management roads, farm roads and maintained trails. Looking west down Molly Osgood Road. The gently rolling terrain gives way to a small knoll in the property s center. Fountains Land Specializing in the sale of forestland and rural estates.

3 SITE DESCRIPTION The Osgood Farm has many attributes, creating multiple opportunities. The property includes approximately 75 acres of productive farmland and 505 acres of timberland. The farmland portion of the property has been used primarily for hay production, although local farmers have leased portions of the fields for higher value crops. The topography of the property is gently rolling with a large knoll in the center of the section north of Molly Osgood Road. From here, views of Mt. Katahdin are possible on clear days. Other scenic vistas can be enjoyed throughout the property. A small pond just east of the residence adds to the scenic appeal of the property. The property has excellent hunting potential, with numerous maintained trails throughout the property, large fields, and a diverse forest resource. There is also the potential to split the property into 2 parcels of approximately 250 and 330 acres each, with Molly Osgood Road being the dividing line. One of several scenic vistas from the property from some of the 75 acres of productive farmland. HOUSE DESCRIPTION The year-round house is a New England cape style in excellent condition. It is about 1,500 square feet, with 3 bedrooms and 1 full bathroom. The kitchen was recently updated with beadboard cabinets and ceiling, stamped tin backsplash and modern countertops. Attached to the house are a back deck and a garage. The foundation is cement and the house is heated by a wood furnace and forced hot air system. The cape house is in excellent condition and includes this recently updated kitchen. The property includes productive fields and forests. Fountains Land Specializing in the sale of forestland and rural estates.

4 TIMBER and GRAVEL A selective harvest was completed over most of the property in the winter of to leave a well-stocked residual timber resource, heavy to spruce-fir and northern hardwoods. The remaining resource is estimated to retain cords of merchantable timber per operable acre. The 75 acres of agricultural land has most recently been used for hay production. The owner reports that there have been no recent herbicide or pesticide applications and much of the farmland may be suitable for organic classification. The property includes an active gravel pit. The pit is approximately 2-3 acres in size and no formal gravel pit assessments have been completed. The current owner has sold limited volumes of gravel to local consumers. Since the late 2000s annual sales of gravel stumpage have average $8,000 - $10,000. An internal forestry road created for the recent harvest. TAXES & TITLE The property is identified by the State of Maine as Tax Map PE038, Plan 6, Lots 2 and 13, and Plan 4, Lot 54. The property totals 548 tax acres. GIS data totals 580 acres and is deemed to be the more accurate measurement. As of 2016 the total assessment was $290,565, resulting in a total property tax of $2,141. The majority of the property has been in the Osgood Family for generations. The current owners have resided in the house since The deeds for the property are recorded in the Penobscot County Registry of Deeds in Book 3946, Page 319 and in Book 5983, Page 267. An active gravel pit provides steady income. ZONING The property is located in an unorganized township and is therefore subject to Maine Land Use Planning Commission (LUPC) regulations. Fountains Land is the exclusive broker representing the seller's interest in the marketing, negotiating and sale of this property. Fountains has an ethical and legal obligation to show honesty and fairness to the buyer. The buyer may retain brokers to represent their interests. All measurements are given as a guide, and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission, or misstatement in these particulars, nor do they constitute an offer or a contract. We do not make or give, whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to the property. Fountains Land Specializing in the sale of forestland and rural estates.

5 q Macwahoc Plt Osgood Property Locus Map Osgood Property 580 GIS Acres Prentiss, Penobscot County, ME ^_! BANGOR ! PORTLAND Drew Plt T8 R4 NBPP 90 ANY! Kingman Twp 90 BOSTON! SPRINGFIELD UV 171 T8 R3 NBPP Mattawamkeag UV 170 Mud Pond Rd Molly Osgood Rd Webster Plt Tucker Ridge Rd Prentiss Twp T7 R3 NBPP Tar Ridge Rd UV 169 Kossuth Twp Lee Springfield UV 170 Legend Carroll Plt UV 6 Osgood Boundary State Highway Primary Town Rd Secondary Town Rd Public Land Conserved Land Miles

6 Osgood Property q Mud Pond Rd. 580 GIS Acres Prentiss, Penobscot County, ME Mo lly ood Os g R d. Pa rk. St Tu er ck d Ri ge Rd. Legend Osgood Boundary State Highway Primary Town Rd Secondary Town Rd This is Not A Survey 1, ,000 Feet Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.

7 Osgood Property q Mud Pond Rd. 580 GIS Acres Prentiss, Penobscot County, ME Mo lly ood Os g R d. Pa rk. St Tu er ck d Ri ge Rd. Legend Osgood Boundary State Highway Primary Town Rd Secondary Town Rd This is Not A Survey Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus 1, ,000 DS, USDA, USGS, AeroGRID, IGN, and the GIS User CommunityFeet Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.

8 Right Now You Are A Customer Dept. of Professional & Financial Regulation Office of Licensing & Registration MAINE REAL ESTATE COMMISSION 35 State House Station Augusta ME Are you interested in buying or selling residential real estate in Maine? Before you begin working with a real estate licensee it is important for you to understand that Maine Law provides for different levels of brokerage service to buyers and sellers. You should decide whether you want to be represented in a transaction (as a client) or not (as a customer). To assist you in deciding which option is in your best interest, please review the following information about real estate brokerage relationships: Maine law requires all real estate brokerage companies and their affiliated licensees ( licensee ) to perform certain basic duties when dealing with a buyer or seller. You can expect a real estate licensee you deal with to provide the following customer-level services: To disclose all material defects pertaining to the physical condition of the real estate that are known by the licensee; To treat both the buyer and seller honestly and not knowingly give false information; To account for all money and property received from or on behalf of the buyer or seller; and To comply with all state and federal laws related to real estate brokerage activity. Until you enter into a written brokerage agreement with the licensee for client-level representation you are considered a customer and the licensee may not act as your agent. As a customer, you should not expect the licensee to promote your best interest, or to keep any information you give to the licensee confidential, including your bargaining position. You May Become A Client If you want a licensee to represent you, you will need to enter into a written listing agreement or a written buyer representation agreement. These agreements create a client-agent relationship between you and the licensee. As a client you can expect the licensee to provide the following services, in addition to the basic services required of all licensees listed above: To perform the terms of the written agreement with skill and care; REAL ESTATE BROKERAGE RELATIONSHIPS FORM To promote your best interests; For seller clients this means the agent will put the seller s interests first and negotiate the best price and terms for the seller; For buyer clients this means the agent will put the buyer s interests first and negotiate for the best prices and terms for the buyer; and To maintain the confidentiality of specific client information, including bargaining information. COMPANY POLICY ON CLIENT-LEVEL SERVICES WHAT YOU NEED TO KNOW The real estate brokerage company s policy on client-level services determines which of the three types of agent-client relationships permitted in Maine may be offered to you. The agent-client relationships permitted in Maine are as follows: The company and all of its affiliated licensees represent you as a client (called single agency ); The company appoints, with your written consent, one or more of the affiliated licensees to represent you as an agent(s) (called appointed agency ); or The company may offer limited agent level services as a disclosed dual agent. WHAT IS A DISCLOSED DUAL AGENT? In certain situations, a licensee may act as an agent for and represent both the buyer and the seller in the same transaction. This is called disclosed dual agency. The possibilities and consequences of dual agency representation must be explained to you by the licensee. Both the buyer and the seller must consent to this type of representation in writing. Working with a dual agent is not the same as having your own exclusive agent as a single or appointed agent. For instance, when representing both a buyer and a seller, the dual agent must not disclose to one party any confidential information obtained from the other party. Also, a dual agent may not be the advocate for either party and cannot negotiate for nor advise as to the price or terms of the transaction. THIS IS NOT A CONTRACT Remember! Unless you enter into a written agreement for agency representation, a licensee is not allowed to represent you! It is important for you to know that this form is not a contract. The licensee's completion of the statement below acknowledges that you have been given the information required by Maine law regarding brokerage relationships so that you may make an informed decision as to the relationship you wish to establish with the licensee/company. To Be Completed By Licensee This form was presented on (date) To Name of Buyer(s) or Seller(s) Jesse Studley by Licensee's Name Fountains Land on behalf of Company/Agency MREC Form#3 12/05 To check on the license status of the real estate brokerage company or affiliated licensee go to Inactive licensees may not practice real estate brokerage.