SOLD

County:  Posey

State:   Indiana

Date:  Friday, January 30 2015 at 10:00 AM  CDT (Posey Co. time) Bid opening will be held at the property.

Type of Sale:  Sealed or phone bids.  Fifteen percent down at contract signing, with the balance due before logging begins, but no later than November 2, 2015.  Buyer will have until December 1, 2016 to remove timber.

Owner:  Keith & Candice Lockwood

Location:  Approximately 3.5 miles northwest of Poseyville, Indiana, and 1 mile north of I-64, located in part of Section 2, T4S, R13W of Robb Township.  Traveling west on I-64, take the Poseyville exit (State Rd. 165) & turn right on SR 165 and go north for 3.0 miles to CR875 S.  At this intersection the Davis Bros. Trucking business is on your right.  Turn left (west) on CR875S and go approx. ¾ miles where road “T’s” into CR600E.  Turn right (north) then immediately left (west) onto CR850S and go 1 mile to Pumpkin Run Rd. (CR500E).   Turn left (south) on Pumpkin Run Rd. and go 1.25 miles to Saxe Rd.  Turn right (west) onto Saxe Rd. and go ½ mile to an “S” curve in the road at which point you will enter the Lockwood property.  The forest across the field on your left (south) is the marked timber sale.  See map on back

Contact:  Multi‑Resource Management.,Inc., 4870 N Park Lane Dr., Petersburg, IN  47567            e-mail:  multiresource@frontier.com

     Thom Kinney  812-354-6472 (H)   812-483-4818 (C)   OR    Doug Brown   812-639-9724 (C)    812-326-2243 (H)

Remarks:  Trees are marked with Blue paint.  Seller reserves the right to accept or reject any or all bids.  The owner and their agents make no guarantees of the board feet, number, or quality of trees listed in the timber tally.  Bidders are urged to satisfy themselves as to type, quality, and quantity of timber offered for sale.  Buyer must have an Indiana timber buyer’s license.  Best management logging practices are required during the harvest operation.  Purchaser will be required to carry general liability insurance & workers’ compensation.  This is a classified forest and is certified under FSC certificate SCS-FM/COC-000123N as “FSC 100%”.   A summary of diameter and volume distributions by species is available upon request.  This is the second time MRM has conducted a harvest.

Note:  There are 13 trees marked in orange that the landowner wants cut but to keep for personal use.  Therefore, your bid should include the requirement for you to cut and skid these 12 trees out to the log yard and to be loaded on a truck furnished by the owner.  It will be the responsibility of the owner to haul the logs away from the log yard.

TIMBER TALLY

*    There is 1 White Oak and 1 Swamp Chestnut Oak in Stand #1 marked with a blue “V” that may contain veneer  volume.

** Misc. includes 1 Blackgum, 1 Pecan, 3 Sassaftas, 1 Coffeetree, 2 Persimmon, 1 Cottonwood & 2 Boxelder.