FINANCING: Subject to Seller's approval of Purchaser's credit: A 40% down payment with the balance secured by a first deed of trust, amortized over 25 years at 6.5% interest, calling for monthly payments of principal and interest; all due and payable at the end of 3 years.

DESCRIPTION: This 120± acre tract is located near the Williamson River and Collier Memorial State Park, ten miles north of Upper Klamath Lake and 3.5 miles from both Chiloquin and Highway 97. The property has been selectively harvested, with well-stocked stands of residual pine remaining. There is good year-round access from Old Korral Road to the southwest corner of the tract. An easement has been provided to residences along the eastern boundary of the tract and the property might meet the template test requirements to obtain a home site. (see Supplemental Information Package for details). The boundary of the Collier Memorial Park and Williamson River are to the west and there are several excellent sites for a campsite or a recreational vehicle. Crater Lake National Park's southern entry is a forty minute drive from the property. An overhead transmission line crosses the tract.

LOCATION: Township 34 South, Range 7 East, west 1/2 of the northwest 1/4 of the southwest 1/4 of Section 11. From Klamath Falls, proceed north on Hwy. 97 and take a right to Chiloquin Hwy. and proceed .9 mile to W. Chocktoot Street. Turn right and turn left on N. 1st Avenue/Sprague River Road for .7 mile. Turn left and then right onto Pine Ridge Road and proceed (Pine Ridge becomes Old Korral) for 2.4 miles, and then take a left onto Road 5811-260 for one mile and left onto Burr Avenue. Proceed .7 mile to southwest corner of street.

SEALED BIDS DUE NO LATER THAN 5:00 P.M., MAY 12, 2010

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