Lot Size: 126.192 Acres. Approximately 1365 Road Front Feet on Lyons Rd.

Land Break Down:

20-22 Acres Tillable Land

26 Acres W/ 7 Acre Pond

(In Conservation Program)

82 Acres Wooded

AMENITIES:

¨  Prime Timber Investment

¨ Located In A Prime Hunting & Recreational Area.

¨ Located A Short Distance From Peek’n Peak Resort & Spa, Wilderness Cross Country Ski Lodge & Snowmobile Trials.

¨ Property Affords The Opportunity To Construct A Secluded Home Or Vacation Home.

¨ Short Drive To The Communities Of Wattsburg,  Union City & Corry PA.

Pole Building:

Constructed: 1986

Size: 40’x 63’-6”

Roof: Metal

Siding: Vertical Wood Board With Air

Spacing Between Boards

Floor: Dirt

Building Use: Hay Storage/Equipment Storage

Building Location: North West Corner Of Property

Township: Amity

County: Erie

Zoning: F

School District: Wattsburg School District

Utilities: None

Tax Identification: 02-013-029.0-004.01

Tax Assessment:

Improvement: $1,000.00

Land: $112,200.00

$113,200

Classification: F

Estimated Property Tax:

2011 County/Township: $  843.34

2010 School: $ 1,884.78

Approx. Total Taxes: $ 2,728.12

Tax Rate Breakdown:

County: 684.86 / Township: 158.48 / Library: 0

Mineral Rights:

Oil & Gas Rights:

Leasee: Crown Energy Corporation, Butler PA

Primary Term: 10 Years

Date Of Lease: October 1, 2007

Lease Recorded: Book 1454 Page 814

Rental Payment: $5.00 Per Acre

$640 Yearly

Free Gas Available:  200,000 Cubic

Ft/Yr if a producing well is drilled

NOTE: Purchasers or Purchaser should review the oil and gas lease paying

attention to paragraph 4 regarding

termination of lease and paragraph 15 regarding exclusive option after

termination of lease.

Clean & Green Act: Inactive

Homestead Status: Inactive

Farm Land Status: Inactive

Survey:

Ralph Alford Site

Survey Dated 8-29-1996

Surveyor: Ralph Allan Heidler

Professional Land Surveyor

Warranty Easement Deed:

Book 0684 Page 0499

Filed January 21, 2000

Twenty Foot Access Easement To

Conservation Easement Area For

Ralph Alford Site

Deed Book 1567 Page 162

Survey Reference:

Lynn S. Hofius, P.L.S.

Waterford, Penna

Drawing No. 06-027

Dated May 1, 2006

Reference Deed Plot Covering Property: Michael D. Masters, LLS

Deed Reference: Warranty Deed  / Book 1356 Page 1689 Filed 8/30/2006

Possession: Deed Recording

Legal Representative:

Orton & Jeffery PC

Attorney Edward Orton

33 East Main Street

North East PA 16428

814-725-9657

Disclosures:

1. The property is in an agricultural area. “Farming Community: with its associated activities causing noise, dust, odors, in addition to but not limited to the use of various agricultural chemicals for crop maintenance and production

2. Sale Price To Current Assessment Disclosure: Under current assessment practices, in order to maintain 100% equalization rate, if the assessment does not equal the sale price you may expect at some point, the assessment to be changed to reflect the actual sale price. If you have questions contact the local town assessment office in which the property is located.

3. Subject to all restrictions, easements, rights-of-way, building lines, leases and oil and gas leases of record, and to all easements and rights-of-way visible and discoverable upon an inspection of the premises.

4. All dimensions are approximate and subject to verification by a current land survey.