GIGANTIC LAND LIQUIDATION!! DECEMBER 9, 2006

All successful bidders will be required to sign purchase paperwork and pay for the balance of your down payment immediately following their winning bid. (IF YOU ARE BIDDING ONLINE WE WILL CONTACT YOU WITHIN 72 HOURS OF THE AUCTION AND SEND PAYMENT INSTRUCTIONS). All final paperwork shall be completed within 90 days of the auction. ALL MAJOR CARD CARDS ARE ACCEPTED. You may also pay us through Paypal. The buyer shall be required to pay a non-refundable documentation fee of $595, for each property purchased, to cover the costs of document preparation, deed recording, and mailing. All bids on the live auction are subject to a 10% Buyers Premium. The Buyers Premium is added to the winning bid and is payable as part of the purchase price. Unless paid in full at the auction, all parcels are sold on a Real Estate Purchase Contract. Parcels purchased with financing shall make use of a Promissory Note. Buyers my NOT assign contracts to third parties. Title to each property will be conveyed to buyer only after the entire loan balance has been paid in full. The Properties are separated into Two Groups: 1. Live Auction - known as straight auction or CASH OR TERMS 2. Contract for Deed - BIDDING ON THE RIGHT TO ASSUME THE LOAN WARRANTIES & DISCLAIMERS • All sales are considered sold, final and binding • Any property which sells for $1,000 or less must be paid in full at the auction and if the winning bid is for $10,000 or less it must be paid with in the closing period usually 30 days. • If financing a parcel, the minimum monthly payment shall be $100. When a monthly payment is paid, it will first be credited to interest then due, then toward principal. THERE IS NO PREPAYMENT PENANLTY FOR PAYING THE LOAN OFF EARLY. A late fee of $50 shall be charged if any payment is more than ten days delinquent. A returned check fee of $30 shall be charged for any check which is returned unpaid. If a buyer purchases more than 3 parcels, the 4th and all subsequent parcels must be paid in full within the closing period usually 30 days. Seller and Auctioneer reserve the right to limit the number of purchases made by any bidder. This is per household. SELLER DOES WARRANT THAT: (A) Title to each parcel is marketable title. (B) No monetary liens on property other than recurring assessments or bonds (Unless disclosed in listing). (C) Real property taxes which are due and payable prior to the auction day shall be paid by seller. (Unless disclosed in the listing). If the property is purchased with financing, then the property taxes and homeowner's association fees (if any) will be added to and included with the monthly payment. If the property is not being financed, the purchaser shall be responsible for property taxes which become due after the auction date. Some states have taxes which are billed in the rears, meaning this year you will receive a bill for the previous the year’s taxes, because the bill came out after the auction buyer will be responsible for this tax. AS SELLER, WE DO NOT WARRANT, AND WE ASSUME NO LIABILITY FOR ANY OF THE FOLLOWING: (A) Encumbrances which are identifiable via a physical inspection of the property. (B) Utilities or lack thereof. Contact the City or County Building department for information on utilities. (C) Mineral rights or lack thereof. (D) Location and size of the property. Sizes advertised are approximate. (E) Assessments and/or bonds for utilities or homeowner's association due/fees. (F) Zoning or building codes. Contact the City or County building department. (G) Access. Seller makes no representation on guarantee regarding physical and/or legal access. All properties are being sold in "as is" condition. The winning bid is a final, binding agreement to purchase. All properties are offered subject to Seller's acceptance of the winning bid. Auctioneer may accelerate bids on behalf of the owner. The sale of these properties is subject to all existing exploration rights, easements, rights of way, assessments, zoning, land use restrictions, covenants, conditions and restrictions. If buyer discovers a violation of the above guarantees, and seller is unable to remedy such violation within a reasonable period of time, then buyer's sole remedy shall be limited to cancellation of the sale, and a refund of all refundable monies paid by buyer to sell. These warranties extend only to the purchaser, and do not extend to third parties. If buyer wishes to purchase title insurance it will be at buyer's expense. Current Property List is subject to changes, auction day notes will be handed out prior to the start of the auction. TITLE BY DEED Deeds conveying title from Seller to Buyer shall be recorded in accordance with the contract terms. The Seller warrants that title to each parcel is, on the date of sale, free of all recorded monetary liens unless disclosed. Some properties being offered may have been previously acquired by tax deed and some title insurance companies will not insure tax deeded properties, so Buyers of tax deeded properties will be required to sign an acknowledgement form. The Seller has attempted to provide accurate information on all documents. In the event that a typographical error exists in the legal description, Assessor's Parcel Number, or parcel size, the Seller may correct the error and proceed with the recording or re-recording. BIDDERS MUST PERSONALLY INSPECT AND INVESTIGATE EVERY PARCEL ON WHICH THEY BID Look before you buy! Failure to do so will not be grounds for a cancellation or adjustment of sale. Buyers must rely on their own interpretation of property value, and not rely on any statements made by seller, broker and/or auctioneer. Inspect the property; investigate the property and its approved uses. Be an informed buyer! Some parcels were purchased by seller sight-unseen. Buyer will be required to acknowledge that they have personally inspected and investigated each property they purchase. THE SELLER HAS MADE EVERY EFFORT TO VERIFY THE ACCURANCY OF INFORMATION CONTAINED HEREIN. HOWEVER, ERRORS DO OCCUR. ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM COUNTY MAPS OR OTHER SOURCES DEEMED RELIABLE, BUT IS NOT GUARANTEED AND MAY BE IN ERROR. SELLER DOES NOT WARRANT THE ACCURANCY THEREOF. Remember, each parcel of real estate is unique. The properties we sell may be dry or wet, flat or slopped, rocky or sandy, with or without roads, with or without legal access, with or without utilities, etc. Seller, Auctioneer and/or Broker assume no responsibility for the providing or absence of any information whatsoever, or for the accuracy thereof. Usalandsale.com reserves the right to deny any person access to the auction site for interference, solicitation, canvassing, nuisance or any other reason. Announcements made at the auction take precedence over any printed material, or misprints. “Information collected from registrants (be they registered live at an event, online with us, or via our online auction partner’s) are subject to USA LandSale.com's privacy policy. All Registrants agree to receive promotional or other materials regarding our products and services to their email address. Registrant’s information will be used for internal promotion only. No contact information will be sold or leased to third parties”. LIVE AUCTION EXPLANATION – PROPERTIES DESIGNATED AS CASH OR TERMS Properties designated as CASH OR TERMS may be purchased with cash or financed on terms if over $10,0000, by paying a down payment of 15%, plus 10% Buyers Premium of the full purchase price, plus the documentation fee of $595. The remaining balance may be financed with us at 12.9%. We do not check your credit, and everyone qualifies for financing. Most of the properties being offered at the auction are for sale with seller financing. You may pay cash, or you may finance it with us (over $10,000). We do not check credit, and you do not have to qualify for financing. EVERYONE QUALIFIES FOR FINANCING, REGARDLESS OF YOUR CREDIT. THE FOLLOWING GUIDELINES APPLY TO FINANCING Winning Bid: $1-$9,999 No financing available. Must be paid within closing period. $10,000-19,999 May be financed up to 2 year/ 24 months $20,000-29,999 May be financed up to 3 years/ 36 months $30,000-$49,999 May be financed up to 4 years/ 48 months $50,000 + May be financed up to 5 years/ 60 months The above financing is based on a 15 year amortizations with a balloon at the end of each term. CONTRACT FOR DEED EXPLANATION – PROPERTIES DESIGNATED AS BIDDING ON THE PROPERTY IN ADDITION TO A LOAN - GREY SECTION Most of the properties being offered at the auction are for sale with seller financing. You may pay cash, or you may finance it with us. We do not check credit, and you do not have to qualify for financing. EVERYONE QUALIFIES FOR FINANCING, REGARDLESS OF YOUR CREDIT. You are bidding on the right to assume the loan amount, and your high bid will be added to the loan amount. In addition to your bid amount, you are assuming a loan on these properties. The loan is a straight term loan. WHEN YOU ARE THE SUCCESSFUL BIDDER ON THE CONTRACT FOR DEED AUCTION, YOU HAVE TWO WAYS TO PAY: Remember your bidding on the right to assume the loan amount. The math works like this. 1. You may pay in full. For example, let’s say you bid $1000 on a Contract for Deed property. Bid Amount $1,000 Built-in Loan Amount $5,000 Closing/Recording $ 595 Total to Pay at Auction $6,595 2. You may finance the property Bid Amount $1,000 Closing/ Recording Fee $ 595 Built in Financing $5000 Total to Pay at Auction $1,595 Finance the Built-in Loan (see terms) The balance of the purchase price would be financed. Terms are specified

Local Taxes Apply

DOCTYPE HTML PUBLIC -W3CDTD HTML 4.01 TransitionalEN http:www.w3.orgTRhtml4loose.dtd html head meta http-equivContent-Type content exthtml; charsetiso-8859-1 titleUntitled Documenttitle head body H2 aligncenter H2img srchttp:www.usalandsale.comimagespropertyheader.gif width764 height117H2 H2THIS IS A BR LIVE AUCTION with ONLINE PARTICIPATION BR BR taking place at the H2 H2 div aligncenter pSTRONGfont size4Arlington Convention CenterfontSTRONGfont size4BR 1200 Ballpark WayBR Arlington, TX 76011BR Salon A (A hrefhttp:www.usalandsale.comdirections_120906.phpClick HereA for Venue Map) BR FREE PARKING WITH VALIDATIONfontp H1 classheaderDecember 09, 2006 at 11:00 A.M. CSTH1 P classauctionSTRONGBIDDER REGISTRATION BEGINS AT 9:30 A.M.STRONGP p p div FONT size5H2 aligncenterFONT size5FONT size4PFONT size5150 Properties Must be sold BR FONTFONT size3FONT size4Seller Financing available on all parcels. See Terms and Conditions FONTFONT P aligncenterFONT size3SPAN styleCOLOR: blueFONT colorblackFONT size4FONT colorredTo view our Full Auction Catalog in PDF format please A hrefhttp:www.usalandsale.compdfdallas%20auction%20dec2.pdfclick hereAFONT FONTfontspanfontP FONTFONT PFONT size5FONT size4fontfontFONT size5FONT size5FONT size5 FONTFONTFONTP FONT size5FONT size5FONT size5P P FONTFONTFONTH2 FONT body html