LOCATION: From Memphis, TX - go east on SH 256 for 4 miles to FM 3032. Then south on FM 3032 about 3/4 mile to the northeast corner of the property. LEGAL DESCRIPTION: Portions of Sections 75 & 86, both in Block 18, H&GN Ry. Co. Survey, Hall County, TX. Legal description on file.

LOCATION: Clarendon, TX - go south on Hwy 70 to Brice, then west on Hwy 256 for one mile to County Road 3. As you leave the pavement and turn north, the Property is on the west side of the road. County Road D runs along the north side of the property. LEGAL DESCRIPTION: All of Section 120 and a portion of Section 97, Texas and Pacific Railway Co. Survey, Hall County, TX.

LOCATION: From Lakeview, TX - (about 10 miles west of Memphis, TX) go west on Hwy 256 for 2 miles to FM 657, then south on FM 657 for 2 miles to County Road H, then west on CR H for 1 mile to County Road 12. Subject property lays south of CR H and west of CR 12, less the acreage in the NE corner at the house. LEGAL DESCRIPTION: The E/2 of Section No. 47, Block 2, T&P Ry. Co.

LOCATION: Claude, TX - go approximately 10 miles west of Claude on FM 1151 to County Road 5 (Fairview), then south on CR 5 for 2 miles to the northwest corner of the property. LEGAL DESCRIPTION: The N/2 and the SE/4 of Section 225, and all of Section 226, Block B-4, H&GN Ry Co Survey, Armstrong County, Texas and containing 1,120 acres, more or less. ACREAGE: 1,120 +/- CRP: 490.

LOCATION: 9047 Oscar Road, Claude, TX -- The Johnson Ranch is located southeast of Amarillo, Texas in Armstrong County. Access is provided by FM 1258, then one mile south on County Road 9. This is approximately a thirty-minute drive from Amarillo. Access to air service is excellent, as the north end of FM 1258 is at the Rick Husband International Airport in Amarillo.