102 Hazard Pond Rd , Roaring Brook, PA 18444(Lackawanna County)

FOR SALE BY OWNER FOR RESIDENTIAL LAKEFRONT DEVELOPMENT: FENCED. GATED, PRIVATE, NATURALLY OCCURRING 8.3 /- ACRE DEEPWATER GLACIAL LAKE. 2000 FEET OF SHORELINE. ONE OF ONLY AN ESTIMATED 50 IN PENNSYLVANIA AND ONE OF SIGNIFICANTLY LESS THAN 50 WHICH HAVE NEVER BEEN DEVELOPED. NATURAL LAKE SO NO EXPENSIVE DAM OR SPILLWAY REPAIR OR INSURE. MOST DEEPWATER LAKES HAVE $1 MILLION+ MAN MADE DAMS AND SPILLWAYS TO MAINTAIN. THIS ONE DOES NOT. ON A TOTAL OF 44 UNDEVELOPED MOSTLY FORESTED ACRES. ZONED RESIDENTIAL. SELLER IS THE ONLY PARTY WITH LAKE RIGHTS. PROPERTY COMES WITH ALL MARCELLUS OIL AND GAS RIGHTS, TIMBER, AND MINERALS. GREAT FISHING AND HUNTING. COMES WITH WATEFRONT DECK OFFERING PANORAMIC LAKE VIEWS. PARTIALLY FENCED AT A COST OF $42,000. Call us if you want to spend a day at the Property fishing, boating, or hiking. Ideal for vacation homes or a single family residential development. Comes with two 60' utility and access easements from State Road 307. This is a property for someone who will be attracted to the headline, "Own Your Own Deepwater Lake". Pennsylvania properties with naturally occurring, deep water glacial lakes without dams are rare, and those that have never been developed are rarer still. Of the more than 2,500 water bodies bearing the name lake, there are only an estimated 50 natural, glacial lakes... [see enclosed except from article]. Property is located in the Northeast Pennsylvania Marcellus Shale Dry Gas region which has been described as, ... one of the most prolific shale basins in North America.... Gas royalties in parts of the Marcellus can exceed $25,000/acre (see email excerpt attached). Property comes with all oil and gas rights.

Located In Northeastern Pennsylvania, Lackawanna County, Roaring Brook Township, Pennsylvania 184444. Great Location Approximately 10-15 Minutes' Drive from Scranton, Pennsylvania. Route 307 is 10 miles from Interstate 380 to the south which connects with Interstate 80 in Tannersville, Pennsylvania, 20 miles to the south, the location of The Crossings Premium Outlets in the heart of the Pocono Mountains. The Property, though, is nestled in a heavily wooded, rural area that is adjacent to hundreds of acres of undeveloped, private, forested woodland similar in setting to a remote lake in Canada or the Adirondacks.

Highlights

-Naturally Occurring Deepwater 8.3 /- Acre Glacial Lake, 20' deep in places. Seller is only party with lake rights.

-The lake contains approximately 2,300 feet of shoreline for lakefront development plus additional acres for development including 12 /- acres.

-Located in Pennsylvania Marcellus shale gas region; comes with all oil, gas, timber, water, minerals, solar, and wind rights.

-Low property taxes, $1,100 in 2013. Low insurance costs. Partially fenced at a cost of $42,000. Zoned Residential.

-No dam or spillway to maintain. Easy to insure. One of only an estimated 50 naturally-occurring deepwater glacial lakes in Pennsylvania.

-Great fishing and hunting in a spectacular wooded setting similar to Canada or the Adirondacks.

Fishing: The deep water glacial lake is home to a good population of Bass, Perch, Crappies, Bluegills and Sunfish and may support lake trout if stocked. Launching a canoe or kayak is easy from multiple locations along the shoreline.

Zoning: The property is zoned residential in an R-1 Low Density Residential District. As per the zoning ordinance, The intent of the R-1 District is to provide for low density, single-family residential development on lots of sufficient size to safely permit on-site sewage disposal and water supply, and on lots of a reduced size if the lot is served by public sewer. R-1 zoning requires a two-acre minimum lot size for a home that is served by an onsite sewage system and one acre minimum for a home served by central water and public sewer.

Lackawanna County, Pennsylvania History, Geography, Geology and Vegetation [The following excerpts are taken from A Natural Areas Inventory of Lackawanna County, Pennsylvania, 1997, by The Nature Conservancy.]

Lackawanna County is situated in northeastern Pennsylvania, an area rich in historical, scenic, and natural resources. The countys 454 square miles (Eckenrode 1982) are occupied by a mix of forest, agriculture, industry, small towns, suburbs, and urban areas. The majority of the population lives in the heavily developed Lackawanna River Valley while the rest of the county has a relatively low population density. Although census data have indicated an overall population decline in the county over the last three decades, the decline has been largely restricted to the Lackawanna River Valley. Populations in most townships outside of the valley have experienced growth over that time period (Lackawanna Regional Planning Commission, 1996). With Scranton and Wilkes-Barre within commuting distance of most of the county, further growth in these townships is likely. The scenic natural environment of rural Lackawanna County which is attracting residents to settle outside of the Lackawanna River Valley may also be important in attracting tourists to the county. Lackawanna County has extensive recreational opportunities which are provided by the thousands of acres of state game lands and state and privately owned forests. The county is also attractive because of the pastoral and wild scenery that dominates much of the landscape, particularly in the northwest and southeast; these natural qualities are important to both the economic and social well-being of county residents. The Susquehanna, Lackawanna, and Lehigh Rivers, along with the lakes and streams in their watersheds, have a wide variety of scenic and recreational values. Bluffs and rugged hills along the Susquehanna River create some of the most striking landscapes to be found in the county. The lakes, rivers and creeks offer many boating and fishing opportunities, and large areas of forest offer opportunities for a variety of activities such as hiking, hunting, and bird watching. The large contiguous tracts of forest on both public and private lands, with their well buffered wetland systems, still harbor many of the countys best natural areas.

Glaciers have modified the landscape throughout the county. Deposits of rock, sand, clay and silt left directly by the glacier are called unstratified deposits or glacial till. Some of these deposits are as much as 300 feet thick. As a result of the glaciers, many of the soils that developed on till are too stony or wet for cultivation. Many wetlands have formed in the depressions that were the result of glacial scouring and the deposition of ice blocks (kettleholes), as well as glacial deposits that blocked drainage channels and altered stream flow. Stratified sands and gravels deposited by glacial meltwaters are located along many of the rives and creeks.

On a regional scale, Lackawanna County is located within two major forest types Appalachian Oak Forest and Northern Hardwood Forest (Kuchler 1964, Bailey 1980). Appalachian Oak Forest is more common in the valley and ridge portion of the county, an area that correlates to the Lackawanna Valley and the mountains on either side. This mixed oak (Quercus velutina), red oak (Q. rubra), white oak (Q. alba), and chestnut oak (Q. Montana) as potential dominants or codominants depending on soil moisture and fertility. Other common tree species of this forest type are red maple (Acer rubrum), black cherry (Prunus serotina), gray and black birches (Betula populifolia & B. lenta), white pine (Pinus strobes), pitch pine (Pinus rigida), and aspens (Populus spp.). Shrubs include species of blueberries (Vaccinium spp.), huckleberries (Gaylussacia spp.) and other dry forest species. Variants of the Mixed Oak Forest occur as a result of differing environmental conditions. One common forest type in Lackawanna County is the Chestnut Oak community which is characteristic of dry ridgetops and rocky slopes. Associates include red oak, black oak, scarlet oak (Q. coccinea), black birch, and red maple. The understory may be sparse or dominated by ericaceous species such as blueberries, huckleberry and mountain laurel (Kalmia latifolia).

Most lakes (deepwater habitats) in the county have been enlarged by damming or are the result of flooding stream valleys. However, the remaining lakes that are relatively natural are habitat for many aquatic plants and animals, several of which are rare. [bold and italics added] [The above excerpts are taken from A Natural Areas Inventory of Lackawanna County, Pennsylvania, 1997, by The Nature Conservancy.]

Timber, Shrub, and Herbacious Layer: The Property is wooded primarily with a rich, healthy and wide variety of tree species consisting of Red, White, Scarlet, Black and Chestnut Oak; Black Cherry; Hard (sugar) and Soft (red) Maple; Serviceberry; Gray, White and Black Birch; Hemlock; White Pine; Aspen; Hickory; and other species. The lake has excellent populations of native Rosebay Rhododendrun near the shoreline plus Mountain Laurel on the uplands. The forest floor has a woody herbaceous mix with Blueberries, Huckleberries, Teaberry, Black Chokeberry, several species of ferns, and a few Trillums. Buyer will own 100% of timber rights.

Hunting: The Property has good populations of deer, bear, turkey, squirrels, and grouse and is mostly surrounded by other, large wooded parcels.

HOW TO MAKE AN OFFER ON THE PROPERTY OR SCHEDULE A SITE VISIT

To receive more information on the Property or to schedule a site visit or make an offer to purchase, please contact:

Randy Skuba, phone: 570-436-4621

ADDITIONAL AVAILABLE MOSTLY WATERFRONT PARCELS LOCATED IN NORTHEASTERN PENNSYLVANIA (Information Available Upon Request):

NATURAL DEEPWATER LAKE

COLLEY TOWNSHIP, SULLIVAN COUNTY, NORTHEASTERN PENNSYLVANIA

67 acres including a 5-acre 25 deep, naturally occurring glacial lake with 1,300 feet of shoreline, adjacent to 7,900 acres of state game lands. No costly dam or spillway to maintain or insure.

NATURAL DEEPWATER LAKE

ROARING BROOK TOWNSHIP, LACKAWANNA COUNTY, NORTHEASTERN PENNSYLVANIA

44 acres including 7-acre a 20 deep, naturally occurring glacial lake with 2,300 feet of shoreline. No costly dam or spillway to maintain or insure.

NATURAL LAKE

SLOCUM TOWNSHIP, LUZERNE COUNTY, NORTHEASTERN PENNSYLVANIA

145 acres including a 14-acre, naturally occurring glacial lake with 4,600 feet of shoreline. No costly dam or spillway to maintain or insure.

SUSQUEHANNA RIVERFRONT AND RIVERVIEW PARCELS

WASHINGTON TOWNSHIP, NORTHWEST WYOMING COUNTY, NORTHEASTERN PENNSYLVANIA

NEAR THE TOWN OF VOSBURG, PA ADJACENT TO 948 ACRES OF PROTECTED NATURE RESERVES

(All parcels come with PA Department of Environmental Protection-approved onsite sewage module and highway access permit unless indicated otherwise.)

Home

Private, gated, fenced two-story, 6-bedroom, 1.5 baths, 2,784 sq. ft. HOME on 2.6 acres, $200,000 in renovations.

Lots

42.85 wooded acres Susquehanna Riverview with 4,500 feet overlooking the Susquehanna River. Sewage permit not applied for yet.

Susquehanna Riverview 3.02 acres with 305 of highway frontage.

Susquehanna Riverview 4.53 acres with 322 of highway frontage.

Susquehanna Riverfront 7.04 acres with 771 of highway frontage and 479 of river frontage.

Susquehanna Riverfront 2.90 acres with 192 of highway frontage and 185 of river frontage.

21.8 acre parcel with 308 feet of SUSQUEHANNA RIVERFRONT, with rare heirloom apple, pear, plum and nut orchard and 20,000 cubic foot poured concrete, underground fruit/wine cellar and attached garage with 831 feet of road frontage.

Susquehanna Riverfront 4.40 acres with 274 of highway frontage and 274 of river frontage.

Susquehanna Riverfront 4.45 acres with 275 of highway frontage and 275 of river frontage.

40.27 Susquehanna Riverview acres woodland. Spectacular views.

SUSQUEHANNA RIVERFRONT AND RIVERVIEW PARCELS FOR SALE

FALLS TOWNSHIP, SOUTHEAST WYOMING COUNTY, NORTHEASTERN PENNSYLVANIA

(All parcels will come with PA Department of Environmental Protection-approved onsite sewage module and highway access permit unless indicated otherwise.)

112.34 wooded acres with striking viewscapes of Susquehanna River and mountains beyond.

120.73 acre wooded lot with MULTIPLE BASS PONDS, farmland, and 3,280 feet of frontage on rural State Road 2013. Contains two subdivided lots of 31.32 acres and 90.18 acres.

75.95 acre SUSQUEHANNA RIVERFRONT with 2,565' of road frontage and 525 of river frontage, MULTIPLE BASS PONDS, and 30 /- acres of prime northeastern PA farmland. Contains two subdivided lots of 38.32 acres and 33.59 acres.

47.283 acres of prime SUSQUEHANNA RIVERFRONT, River-bottom FARMLAND. Sewage permit not applied for yet.

Two contiguous parcels packaged as one: (1) 5.793 acres with 2,000 of SUSQUEHANNA RIVERFRONT, and (2) 9.783 acres wooded with 2,250 of SUSQUEHANNA RIVER VIEW. Sewage permit is on 9.783 acre lots. Has 450 +/- feet of frontage on state road.

COMMERCIAL/INDUSTRIAL BUILDINGS WITH FARMLAND AND RAILROAD FRONTAGE

Falls Township, Southeast Wyoming County, NEPA.

17.76 acre COMMERCIAL parcel containing four commercial buildings with 19,900 sq. ft. of space, 1,375 of state road frontage, and 1,115 of railroad frontage plus farmland.

HORSE FARM

FOR SALE 19,900 s.f. of stable buildings, 525 FEET OF SUSQUEHANNA RIVERFRONT PLUS 30 +/- ACRES OF PRIME NORTHEASTERN PENNSYLVANIA FARMLAND PRODUCING SOME OF THE HIGHEST YIELDS IN WYOMING COUNTY, PENNSYLVANIA. SEVERAL BASS PONDS AND SMALL ORCHARDS. FULLY LEASED EACH YEAR FOR FARMING AND HUNTING. 3875 FEET OF ROAD FRONTAGE. CONTAINS THREE SUBDIVIDED LOTS OF 38.32 ACRES, 33.59 ACRES, AND 17.76 ACRES. EACH COMES WITH ITS OWN PA DEPARTMENT OF ENVIRONMENTAL PROTECTION-APPROVED ON-SITE SEWAGE MODULE.

Ideal for a horse farm, farmland, a residential development, recreational land, a campground, nurseries, tree farms, commercial greenhouses, mobile home park, RV park with boat storage, vineyards, commercial cider orchard, horse stables, schools, group homes, nursing homes, contractors yards and many other uses. Contains 2,715' of railroad frontage.

1,406 ACRES UNLEASED INDUSTRIAL UNLEASED MARCELLUS GAS LAND

$1 BILLION +/- PROJECT POTENTIAL. FOR POWER PLANT, PETROCHEMICAL PLANT, MAJOR MANUFACTURING CENTER OR GAS TO LIQUIDS PLANT 300 BCF +/- (BILLION CUBIC FEET) PROVEN MARCELLUS GAS RESERVES COMES WITH ALL UNLEASED GAS AND OIL RIGHTS, LARGE SAND AND GRAVEL DEPOSITS AND TIMBER LOCATED IN THREE TOWNSHIPS WITH NO ZONING:

MESHOPPEN, WINDHAM, MEHOOPANY TOWNSHIPS, NORTHWEST WYOMING COUNTY, NORTHEASTERN PENNSYLVANIA COMES WITH ALL GAS AND OIL, WATER, WIND, TIMBER, SAND, GRAVEL, BLUESTONE, MINERAL, AND SOLAR RIGHTS. NO ZONING. UNLIMITED POTENTIAL USES.

Has 4.6 miles of combined road frontage; 3.16 miles of combined SUSQUEHANNA RIVERFRONT; 1.32 miles of railroad frontage. Farmland.

MAJOR THEME PARK LAND AVAILABLE. Located on major US Interstate with one mile of railroad frontage. Can accommodate 5 million yearly visitors. Write for plan and details.

BUTLER TOWNSHIP, SW LUZERNE COUNTY, TERRACE MANOR DEVELOPMENT, NORTHEASTERN PENNSYLVANIA,

5-7 MILES FROM INTERSTATES 80 AND 81. PUBLIC SEWER. UNDERGROUND ELECTRIC, PHONE AND CABLE

Home

CUSTOM BUILT, RENOVATED, ONE OWNER, PRIVATE MOUNTAINTOP ITALIANETTE VILLA 9,380 SQ.FT. UNDER ROOF 6,046.5 SQ. FT. FINISHED INTERIOR LIVING SPACE ON 2.017 ACRES

This generous yet seductive two-story renovated, private, custom-built Italianate stucco villa was built near the clouds on the precipice of a mountain ridge for magnificent, unparalleled views south and west from the first and second floor exterior porticos and from the west garden.

Structural steel and concrete construction. Gated, fenced, specimen conifers and Japanese maples, plus statuary. Private, tranquil, quiet location. Hundreds of feet of exterior stone walkways and walls.

Lots

5.34 acre lot, spectacular views with 1,050' township frontage and 885' state road frontage.

1.148 acre wooded building lot with 200 feet of road frontage.

1.148 acre wooded building lot with 200 feet of road frontage.

IMPORTANT PROPERTY INFORMATION,

TERMS, CONDITIONS AND DISCLAIMERS (REV. 12/5/14)

Negotiation and Purchase and Sale Agreement. Any sale of the property described herein (the Property) is subject to a mutually agreeable purchase and sale agreement drafted by Seller which shall not be legally binding upon Seller unless and until it is fully executed and accepted in writing by both Buyer and Seller (hereinafter sometimes referred to as the Parties). Until a fully executed purchase and sale agreement is exchanged, Seller is under no obligation to continue any negotiations with a prospective Buyer, and Seller reserves the right to discontinue all negotiations at any time up to the point an agreement is fully executed and exchanged. Buyer may do likewise at any time up to the point an agreement containing the original signatures of the Parties is exchanged. In such an event, Seller and Buyer shall bear its respective costs, including but not limited to due diligence and attorneys fees, incurred during the negotiation process and under no circumstances may Seller be held liable as a consequence of its termination of negotiations prior to the execution and exchange of a mutually acceptable purchase and sale agreement.

Transfer Tax. Buyer shall be responsible to pay all Pennsylvania real estate transfer taxes due at the time of closing.

Sales Price. The sales price for the Property shall be payable in United States dollars in certified bank funds or via a wire transfer before or at the closing of any transaction and no other currencies or virtual currencies will be accepted. The Seller shall not accept any portion of the Sales Price in the form of seller financing.

Property Taken As Is. Except as may be specifically provided to the contrary in any purchase and sale agreement signed by Buyer and Seller, the Property is being sold by Seller in an "as is" condition with all faults and Seller makes no representations or warranties with respect to the condition of the Property or for its actual or potential usage by the Buyer or for any particular purpose.

Use At Your Own Risk. The material provided within this posting includes maps, third-party links, specifications, details, photographs, etc. of the Property (hereinafter collectively referred to as the Information). The Information provided by Seller for the Property is for informational purposes only. All the Information is provided in good faith. Before you act on any Information, you should independently confirm any facts that are important to your decision-making. SHOULD YOU RELY ON ANY INFORMATION PROVIDED HEREIN, YOU EXPRESSLY AGREE THAT YOU DO SO SOLELY AT YOUR OWN RISK. YOU UNDERSTAND THAT YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE OR LOSS YOU MAY INCUR THAT RESULTS FROM YOUR USE OF OR RELIANCE UPON ANY OF THE INFORMATION PROVIDED OR ACCESSED FROM ANY OF THE INFORMATION PROVIDED HEREIN.

Limitation of Liability. The Information is presented "AS IS" without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. IN NO EVENT SHALL LH PROPERTIES, INC. AND THE COMPANIES AND TRUSTS THEY MANAGE OR OWN, INCLUDING THEIR OFFICERS, DIRECTORS, EMPLOYEES, CONSULTANTS AND AGENTS (COLLECTIVELY HEREINAFTER THE INDEMNIFIED PARTIES) BE LIABLE TO ANY ACTUAL AND/OR POTENTIAL BUYER WHO HAS REVIEWED THE CONTENTS OF THE INFORMATION FOR ANY INDIRECT, EXEMPLARY, PUNITIVE, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES (INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS, LOSS OF BUSINESS, INTERRUPTION OF BUSINESS, LOSS OF GOODWILL OR BUSINESS REPUTATION, OTHER INTANGIBLE LOSS, INACCURACIES, ERRORS, OR OMISSIONS IN THE INFORMATION PROVIDED, OR FOR ANY CONSEQUENCE AS A RESULT OF RELIANCE BY ANY ACTUAL AND/OR POTENTIAL BUYER WHO HAS REVIEWED THIS INFORMATION ON THE COMPLETENESS OR ACCURACY OF INFORMATION, LOSS OF USE OF DATA, LOSS OF DATA, COMPUTER VIRUSES, COMPUTER CORRUPTION, DELETION OR CORRUPTION OF CONTENT OR DATA MAINTAINED OR TRANSMITTED. The Indemnified Parties shall not be liable for any damages whatsoever arising from Buyers use of the Information on the Property, and Buyer shall indemnify the Indemnified Parties and hold each of them harmless from and against any and all costs, damages, or losses by any of them (including, without limitation, reasonable attorneys fees) as a result of a claim by any person other than Buyer arising from Buyers use, dissemination, sharing or application of the Information. Some jurisdictions do not allow the exclusion of liability for certain damages. As a result, some of the exclusions above may not apply to you.

Links. Some of the Information provided herein may allow you access to links of third party sites that LH Properties, Inc. and the companies that it manages or owns does not own or operate and which will allow you to leave this site to connect to the third party sites. LH Properties, Inc. and the companies that it manages or owns bears no responsibility for any of the content of such third party sites and shall not be liable for any damages or injury arising from that content or your use, reliance on, or access to such third party sites. Any such links to third party sites are provided merely as a convenience to the users of this Information and the availability of access to such links does not imply endorsement by LH Properties, Inc. and the companies that it manages or owns of such third party sites or any content contained therein. LH Properties, Inc. and the companies that it manages or owns disclaims all liability with regard to your access to such linked web sites and access to any other Internet web sites linked to this Information is at your own risk. You should consult the terms of use and privacy policy of any other Internet web site. This disclaimer of liability also applies to any damages or injury, including but not limited to those caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of record, whether for breach of contract, tortious behavior, or negligence or under any other theory or cause of action.

Maps And Directions Disclaimer. The maps Information provided by LH Properties, Inc. has been obtained from sources believed reliable, including, but not limited to outside third party consultants retained by LH Properties, Inc. and the companies that it manages or owns, as well as Google Maps, USGS Mapping, and publicly available mapping. While LH Properties, Inc. does not doubt the accuracy of the maps, LH Properties, Inc. and the companies that it manages or owns has not independently verified the information and makes no guarantees, warranties, or representations about the accuracy or completeness of the maps. It is your responsibility to independently confirm the accuracy and completeness of any map including any scale for dimensions on any map. You assume all risk of use. LH Properties, Inc. and the companies that it manages or owns does not assume any responsibility for loss, damage, or delay caused by your use of and/or reliance upon LH Properties, Inc. and the companies that it manages or owns Information.

Updates and Effective Date. LH Properties, Inc. and the companies that it manages or owns reserve the right to make changes to its Information from time to time for any reason. Such changes, modifications, additions or deletions shall be effective immediately upon posting, unless otherwise indicated. It has no duty or obligation to inform prior visitors that changes have been made, regardless of the scope and importance of the changes. We encourage you to periodically check back and review this Information to be aware of any changes. Your continued use of the Information after such changes are posted will be deemed to constitute your agreement to, acknowledgement of, and acceptance of such changes.

Dispute Resolution/Arbitration Policy. In the event of any dispute that arises out of your use of this website or the Information contained herein, such dispute will be settled by arbitration in accordance with the rules for commercial arbitration of the American Arbitration Association in effect at the time such arbitration is initiated. Seller and [potential] Buyer shall appoint an individual as arbitrator and the two so appointed shall then appoint a third arbitrator. If either such party refuses or neglects to appoint an arbitrator within thirty (30) business days, the other party may appoint the second arbitrator. If the two arbitrators do not agree on the third arbitrator within thirty (30) business days of their appointment, each of the arbitrators shall nominate three individuals. Each arbitrator shall then decline two of the nominations presented by the other arbitrator. The third arbitrator shall then be chosen from the remaining two nominations by drawing lots. The arbitration hearing shall be held in a place chosen by the Seller in the Sellers sole and absolute discretion.

The arbitrators shall follow judicial formalities or the rules of evidence required by governing law. The law of Pennsylvania shall govern this arbitration to the fullest extent permitted by law, and all proceedings conducted by the arbitrators shall be held in Wyoming or Luzerne counties of Pennsylvania in the Sellers sole and absolute discretion.

The decision rendered by a majority of the arbitrators shall be final and binding on all parties involved in the arbitration. Such decision shall be a condition precedent to any right of legal action arising out of the arbitrated dispute which either party may have against the other. Judgment upon the award rendered may be entered in any court having jurisdiction thereof. Each party involved in the arbitration shall pay its own costs and attorneys fees, the fee and expenses of its own arbitrator, and one-half of the fee and expenses of the third arbitrator. All other expenses of the arbitration shall be equally divided between the said parties. Any action filed in order to enforce this Agreement, including an arbitration award will be filed solely in the courts located in Wyoming or Luzerne counties of Pennsylvania in the Sellers sole and absolute discretion.

The parties to any such arbitration agree, and the appointed arbitrators shall agree, as part of acceptance of nomination, to keep confidential and not disclose to persons not connected with the arbitration the details of the arbitration proceeding and all information received by them as may be required by process of law.

Responses to Contacts/Inquiries. LH Properties Inc. will make reasonable efforts to respond to all contacts, inquiries and requests for additional information from potential buyers who have reviewed the Information on the Property, however under no circumstance may Seller be held accountable for any inability or failure to do so. If after repeated attempts you are unable to make contact with LH Properties Inc. via e-mail or telephone, you are directed to send a written request to the physical street address provided herein below.

Note: Financial and other buyer prequalification may be required as well as a signed confidentiality agreement before certain property information may be released. Any listed for sale prices for the Property are subject to change at any time prior to the execution and exchange of a mutually acceptable purchase and sale agreement.

LH Properties, Inc.

C/o Thomas R. Daniels

Lenahan & Dempsey, P.C.

34 East Tioga Street

Tunkhannock, PA 18657

Broker Protection Available.