AUCTION LOCATION: ONLINE ONLY, AUGUST 27, 2020 AUCTION FORMAT: This auction is an Online Auction, will be offered for sale to the highest bidder(s), and will be sold subject to Seller confirmation. The property will be offered in one parcel. Our goal is to realize the highest return to the seller, and to satisfy all interested parties by allowing bidders, who are interested, to have the same opportunity. Upon completion of the auction, a 3.5% buyer's premium will be added to the final bid price(s) to determine the total contract sale price. Bidding is allowed to all registered bidders. Bidders will be required to preregister online and provide required information in order to receive bidder authorization. AUCTION PROCEDURES: Conduct of the auction and increments of bidding are at the direction and discretion of Hayden Outdoors. Announcements made by Hayden Outdoors representative, or auctioneer, supersede all previously printed material. Auction is open to registered bidders. In the event of a dispute between bidders, the Auctioneer shall make the final decision to accept the final bid, to re-offer and re-sell the property, or to remove the property from the auction. If any disputes should arise following the auction, the Auctioneer's records shall be conclusive. Property(ies) are sold AS IS, WHERE IS, with NO Contingencies allowed. AUCTION REGISTRATION: All parties seeking to bid on the properties offered at auction must register online prior to the auction conclusion. Bidders are encouraged and may register prior to the auction. Same day registration will be allowed, and bidders should allow enough time to register and receive a bid number prior to auction. All bidders will be required to complete a statement ("Bidders Registration") prior to commencement of bidding that the bidder has inspected the property and sale documents and is financially capable of closing the transaction. All bidding is open to the public and the property is offered for sale to qualified purchasers without regard to sex, race, color, religion, natural origin, or handicap. REQUIREMENTS OF THE HIGH BIDDER(S): Immediately following the conclusion of the auction, the highest bidder(s) shall enter into and sign a Montana Real Estate Buy/Sell Contract for the total contract sale price. Required earnest money deposit to be in the form of wired funds, a personal, business, or corporate check for minimum of 10% non-refundable earnest money (or per contract), which is due upon the signing of the contract and to be deposited with First American Title Company. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. Terms and conditions of the detailed brochure and oral announcements shall be incorporated into and made part of this contract. CLOSING: Purchaser(s) shall pay in cash, electronic transfer funds, or cashier's check (Good Funds), the balance of purchase price (purchase price less earnest money deposit), plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before October 1, 2020. Closing to be conducted by First American Title Company and the closing agent fees to be split equally between Sellers and Purchaser(s). POSSESSION: Possession of property upon recording of deed. PROPERTY CONDITION: The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers or Sellers Agents. TITLE: Sellers to pass title by Special Warranty Deed. The Purchaser(s) to receive a TBD title commitment within the Property Information Packet, updated title commitment with the Purchaser(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner's title insurance policy in an amount equal to the Purchase Price after closing. Title Insurance to be used as evidence of marketable title and cost of the premiums to be that of the Sellers. Property to be sold subject to existing roads and highways; established easements and rights-of-ways; other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review and are incorporated into the Property Information Packet at the auction and will be incorporated and made a part of the Real Estate Purchase Contract. REAL ESTATE TAXES: Taxes shall be prorated to the Day of Closing with Sellers paying all taxes prior to closing. LEGAL DESCRIPTION: Legal Descriptions are subject to existing fence/field boundaries or land- use trades, if any. MINERALS: ALL AND/OR ANY. WATER RIGHTS: ALL AND /OR ANY. NOXIOUS WEEDS: N/A The opening bid will start at $1,250,000.00 ACREAGES: All stated acreages are approximate and are obtained from either the county tax records, current legal descriptions. No warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in the purchase price of the acreage is different than what is stated in this brochure and/or stated at the auction. The detail brochure includes the estimated taxed acres. All price per acre calculations in the initial brochure, detailed brochure, and visual presentation at the auction are based on the Park County Assessor records. MULTIPLE PARTY BID: If several parties go together and collectively bid on parcel and the Multiple Party Bid is the highest bid, at the conclusion of the auction each party within the Multiple Party Bid shall identify and agree to sign separate contract(s), pay for their respective separate parcel(s) at closing, and if they so desire, pay for a metes & bounds survey and additional title insurance premium to create the legal description of their respective separate parcel. The collective purchase prices for the separate Parcel(s) shall equal the total Multiple Party Bid. ANNOUNCEMENTS: This is a Seller Confirmation auction. The information contained herein has either been given to us by the owners of the properties or obtained from sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Hayden Outdoors and the Sellers assume no responsibility for the omissions, corrections or withdrawals. The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All property is to be sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. Hayden Outdoors and all other agents of Broker are or will be acting as a Transaction Broker unless noted otherwise. Announcements made by Hayden Outdoors at the time of sale will take precedence over any previously printed material or other oral statements. Hayden Outdoors reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments at the discretion of the Broker and/or Auctioneer. BIDDING PROCEDURE As a buyer you have two objectives to accomplish: 1. Purchasing the property. 2. Purchasing the property at a price you can afford. HOW IS THIS ACCOMPLISHED? 1. Estimate comparative value. 2. Experienced buyers always decide what to pay before the bidding begins. 3. Inspect the property carefully. 4. Compare with other properties available in the area. 5. Check the selling price of previously sold properties. 6. Discuss your buying plans with a lender. Have your financing arrangements made in advance. 7. The sale is not contingent upon financing, appraisals, or inspections.

Here is a chance to own one of the best recreational properties in Montana. Wild Mountain Ranch consists of 746 deeded acres and has more water features than most ranches in the area. Springs flow freely from more than two drainages, feeding off of the Yellowstone Valley and creating good water and rich habitat throughout the ranch. These springs flow down the hillside and converge to fill a one-acre pond. The overflow runs down a couple hundred yards and fills another pond by the camping site, from there, it continues down to the barns and pools up again at the caretaker's house. The irrigation rights date back to 1899 and allow you to flood irrigate nearly 43 acres. The fields could be turned over and put into grain or alfalfa for excellent game habitat. Wildlife: In the earlier days, the ranch was a shooting preserve and evidence of that still remains. The natural habitat allows for phenomenal bird hunting, excellent deer hunting, and with the right management practices, will draw more of the area's resident elk herd in. The elk already use the upper pond during the summer to keep cool and find the ranch as a safe haven during the hunting season. Billman creek offers excellent native cutthroat and brook trout fishing. There are several ponds on the ranch that will provide hours of recreation. Location: Wild Mountain Ranch is located just 7 miles west of Livingston off of Interstate 90 and only 20 miles from Bozeman, Montana. Livingston is a growing, vibrant town with many new shops and restaurants. Livingston is the gateway to Paradise Valley which leads to Yellowstone National Park. The ranch offers so many locations to build your home, lodge, or guest cabins, the possibilities are too many to count. Incredible weather, scenic views, untouched valleys, and hilltops teaming with wildlife; what more could you ask for.