LAND FOR SALE Indian Rock Property

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Kingwood Forestry Services, Inc. Listing #7175 LAND FOR SALE Indian Rock Property +/- 2,155 Acres located in Upshur County, Texas Immediate and long term timber income potential. Good access with a network of internal woods roads and almost two miles of paved road frontage. Electricity on the property. Diverse habitat for hunting and recreational use. $4,500,000.00 See this listing and more at: www.kingwoodforestry.com Large acreage offers excellent hunting, recreational and timberland investment opportunity. Kingwood Forestry Services, Inc. has been authorized to manage the sale of the Indian Rock Property located in Upshur County, Texas. Located 10 miles north of Longview and 10 miles west of Lake O The Pines, this tract is close to many attractions. Whether hunting, ATV riding, or growing timber, this tract has it all. With frontage on two paved roads and a network of internal woods roads, this tract has excellent access. A variety of timber products are found here ranging from upland and bottomland hardwood to pine. Estimated timber volumes are attached. Kingwood Forestry Services, Inc. 4414 Galleria Oaks Dr. P.O. Box 5887 Texarkana, TX 75505 Phone: (903) 831-5200 Fax: (903) 831-9988 E-mail: Texarkana@kingwoodforestry.com Notice: Any person receiving this land sale marketing material is considered a prospective buyer for the subject property. Should a prospective buyer or its agents choose to inspect the property, they do so at their own risk and assume all liability and shall indemnify Seller and its agents against any and all claims, demands, or causes of action, of every kind, nature, and description relating to its access to or presence on the property.

Indian Rock Property Upshur County, Texas KFS # 7175 $4,500,000.00 Method of Sale: The Indian Rock Property is offered for sale for $4,500,000.00. Mailed offers should be addressed to Kingwood Forestry Services, Inc., P.O. Box 5887, Texarkana, TX, 75505 with Indian Rock Property clearly marked in the lower left corner of the envelope to protect the security of the offer. An offer form is attached. On mailed offers, please call our office to confirm receipt of offer. Offers may also be handdelivered or sent by fax to (903) 831-9988. All faxed offers will be immediately acknowledged. Please await confirmation that your faxed offer has been received. Conditions of Sale: 1. All offers will be presented to the Seller for consideration. The landowner reserves the right to accept or reject all offers. 2. Offers submitted will remain valid for five (5) business days. Upon acceptance of an offer, a formal Contract of Sale, with earnest money in the amount of five percent (5%) of purchase price, will be executed between the buyer and seller within ten (10) 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. Offer price is for the entire tract, regardless of acreage. Seller will not provide survey. The attached maps are thought to be accurate but should not be considered as a survey plats. 4. Conveyance will be by General 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 though seller-provided title insurance policy. No environmental inspection or representation has been or will be made by seller. Owner will not convey, without warranty, any mineral rights they may own on this property. 5. Seller will pay prorated property taxes (to date of closing), deed preparation. Buyer will pay recording fees. Should Buyer be required by a lender to purchase a lender s title insurance policy, the Buyer will pay any fees for such policy. 6. A local title company, selected by Seller, will conduct the closing with Buyer and Seller each paying one-half (1/2) of fees associated with closing services. 7. Property inspections shall be done in daylight hours. Seller and Kingwood Forestry Services, Inc. in no way warrant the conditions of the property, including access routes, and all persons entering upon the property do so at their own risk and accept said property in its existing condition during such inspections. All persons entering upon the property assume all risks and liabilities and agree to indemnify, defend, and hold harmless Seller, its managers, agents, and employees from and against any and all claims, demands, causes of action, and damages resulting from any accident, incident, or occurrence arising out of, incidental to or in any way resulting from his or her inspection of the property or his or her exposure to the conditions of 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 the 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 Carl Herberg of Kingwood Forestry Services at 903-831 -5200. For more information, call (903) 831-5200 or visit our website at: www.kingwoodforestry.com Kingwood Forestry Services, Inc. represents the interests of the Seller of this property. All information presented in this flyer is believed to be accurate. Buyers are responsible for verifying information on this tract for themselves.

LAND FOR SALE INDIAN ROCK PROPERTY +/- 2,155 ACRES LISTING # 7175 UPSHUR COUNTY, TEXAS 69 UV 155 US Hwy 271 State Hwy 155 635 75 82 75 Dallas Sulphur Springs Mt. Pleasant Ore City 20 Longview 35E Tyler 45 49 30 Texarkana 220 Shreveport Gilmer State Hwy 154 State Hwy 300 Azalea State Hwy 154 F-M Rd 726 UV 154 UV 155 UV 300 271 F-M Rd 726 259 Driving Directions: From the intersection of 271 and 154 in Gilmer, Texas, drive 3.5 miles east on 154 to Azalea Rd. Turn left/north onto Azalea Rd and follow it 0.9 miles to the gate and Kingwood's "Land for Sale" sign. East Mountain UV 502 0 2 Miles Location Map StreetMap USA Printed: July, 2016 Printed By: CBH

LAND FOR SALE INDIAN ROCK PROPERTY +/- 2,155 ACRES LISTING # 7175 UPSHUR COUNTY, TEXAS F-M Rd 1649 F-M Rd 555 Timber Type Upland Pine/Hardwood Pine Plantation Hardwood Shelterwood Gardenia Young Bottomland Hardwood Non-Forested Gate Combo: 0308 à Azalea Azalea Legend Bob-White Primary Road Secondary Road Woods Road Creek à Gate î Church KFS Flagging Cardinal Cat Bird à î State Hwy 154 F-M Rd 1650 Gate Combo: 0308 Backeye Finch 0 0.5 Miles Tract Map Tiger Data Printed: July, 2016 Printed By: CBH

LAND FOR SALE INDIAN ROCK PROPERTY +/- 2,155 ACRES LISTING # 7175 UPSHUR COUNTY, TEXAS F-M Rd 1649 Legend Gardenia F-M Rd 555 Primary Road Secondary Road Woods Road Creek à Gate î Church KFS Flagging Gate Combo: 0308 à Azalea Azalea Cat Bird à î State Hwy 154 F-M Rd 1650 Gate Combo: 0308 Bob-White Cardinal Backeye Finch Google 2016 0 0.5 Miles Tract Map Tiger Data Printed: July, 2016 Printed By: CBH

LAND FOR SALE INDIAN ROCK PROPERTY +/- 2,155 ACRES LISTING # 7175 UPSHUR COUNTY, TEXAS Copyright: 2013 National Geographic Society, i-cubed 0 0.5 Miles Topographic Map USA Topo Maps Printed: July, 2016 Printed By: CBH

LAND FOR SALE INDIAN ROCK PROPERTY +/- 2,155 ACRES LISTING # 7175 UPSHUR COUNTY, TEXAS Stand 6 Stand 6 Stand 5 Stand 4 Stand 2 Stand 6 Stand 5 Stand 5 Stand 4 Stand 1 Stand 6 Stand 6 Imagery 2016, DigitalGlobe, State of Arkansas, Texas Orthoimagery Program, USDA Farm Service Agency 0 0.5 Miles Inventory Stand Map Google Imagery Printed: July, 2016 Printed By: CBH

Stratum: Acres: Plots: Cruiser: Kingwood Forestry Services, Inc. 4414 Galleria Oaks Drive Texarkana, TX 75503 1 178.18 35 PGrissom Phone: Fax: Website: Indian Rock Pine 903-831-5200 903-831-9988 www.kingwoodforestry.com Cruise Date: 07/14/2016 Cruise Type: Point Plot Size/BAF: 10.00 Sawtimber 8,984 2,991 33.4 50 16.8 11.0 25.5 Pulpwood 34,203 5,447 53.7 192 30.6 7.0 35.5 Topwood 0 871 0.0 0 4.9 0.0 0.0 Class Total 43,188 9,309 87.1 242 52.2 7.8 33.5 Misc. Pulpwood 3,221 253 3.7 18 1.4 6.0 21.6 Class Total 3,221 253 3.7 18 1.4 6.0 21.6 StratumTotal 46,409 9,562 90.9 260 53.7 7.7 32.6 Thursday, July 14, 2016

Stratum: Acres: Plots: Cruiser: 2 265.22 10 PGrissom Indian Rock Pine Cruise Date: 07/14/2016 Cruise Type: Point Plot Size/BAF: 10.00 Sawtimber 288 211 1.0 1 0.8 13.0 40.5 Pulpwood 2,050 792 4.0 8 3.0 9.7 43.1 Topwood 0 27 0.0 0 0.1 0.0 0.0 Class Total 2,338 1,030 5.0 9 3.9 10.1 42.8 Oak Sawtimber 1,430 957 8.0 5 3.6 15.9 18.0 Class Total 1,430 957 8.0 5 3.6 15.9 18.0 Misc. Sawtimber 438 345 2.0 2 1.3 14.9 30.4 Pulpwood 25,028 7,745 44.0 94 29.2 8.6 31.6 Class Total 25,466 8,091 46.0 96 30.5 8.8 31.6 StratumTotal 29,233 10,078 59.0 110 38.0 9.2 31.8 Thursday, July 14, 2016

Stratum: Acres: Plots: Cruiser: 5 690.14 28 PGrissom Indian Rock Pine Cruise Date: 07/14/2016 Cruise Type: Point Plot Size/BAF: 10.00 Sawtimber 705 837 1.4 1 1.2 15.1 41.3 Pulpwood 922 124 0.4 1 0.2 7.0 24.1 Topwood 0 54 0.0 0 0.1 0.0 0.0 Class Total 1,628 1,014 1.8 2 1.5 10.5 31.6 Oak Sawtimber 348 347 1.1 1 0.5 19.4 20.6 Class Total 348 347 1.1 1 0.5 19.4 20.6 Misc. Sawtimber 348 666 1.1 1 1.0 19.6 46.7 Pulpwood 185,536 19,505 60.7 269 28.3 6.3 24.6 Class Total 185,884 20,171 61.7 269 29.2 6.3 24.6 StratumTotal 187,860 21,532 64.6 272 31.2 6.4 24.7 Thursday, July 14, 2016

Stratum: Acres: Plots: Cruiser: 6 954.54 241 PGrissom Indian Rock Pine Cruise Date: 07/14/2016 Cruise Type: Point Plot Size/BAF: 10.00 Sawtimber 27,247 22,610 29.5 29 23.7 13.4 42.0 Pulpwood 47,113 9,433 13.7 49 9.9 7.0 41.0 Topwood 0 2,847 0.0 0 3.0 0.0 0.0 Class Total 74,360 34,890 43.2 78 36.6 9.3 41.4 Oak Sawtimber 1,598 1,611 3.1 2 1.7 17.9 23.0 Class Total 1,598 1,611 3.1 2 1.7 17.9 23.0 Misc. Sawtimber 979 1,076 1.6 1 1.1 16.6 34.2 Pulpwood 37,505 6,469 12.8 39 6.8 7.3 24.9 Class Total 38,484 7,546 14.4 40 7.9 7.6 25.2 StratumTotal 114,442 44,047 60.6 120 46.1 8.9 35.7 Thursday, July 14, 2016

Land Sale Offer Form Indian Rock Property Listing # 7175 Upshur County, Texas Please fax offer to 903-831-9988 or mail to P.O. Box 5887, Texarkana, TX 75505 I submit the following as an offer for the purchase of the property described as the Indian Rock Property. The tract is offered for sale at $4,500,000.00. My offer will remain valid for five (5) business days from this date. If my offer is accepted, I am ready, willing, able, and obligated to execute a Contract of Sale within ten (10) business days of owner s acceptance with earnest money in the amount of five percent (5%) of the purchase price. Closing date is to occur within fortyfive (45) days of contract execution. I have read and understand the Method of Sale and Conditions of Sale sections in this notice. Tract Name: Indian Rock Tract Advertised Acreage: 2,155 Acres, more or less Date of Offer: Amount of Offer: * Buyer acknowledges that Kingwood Forestry Services, Inc. is the agent of the seller in this land sale transaction * Name: Printed Signed Address: Company: Fax Number: Phone Number: E-Mail: Date: Send Offer Form by Fax to: OR by Mail to: 903-831-9988 Kingwood Forestry Services, Inc. P.O. Box 5887 Texarkana, TX 75505