Auction Note

LAND AUCTION 438.2 Acres – Pennington County, MN Monday, December 9, 2013 – 3:00 p.m. (CT)     Auction Location:  Best Western Inn – Thief River Falls, MN   Auction Note:  This property features 371.5 +/- acres of excellent farm land and 48.2 acres of CRP land.   Contact:  Steve Link at 701.361.9985 or Pifer’s Auction & Realty at 877.700.4099 for more information and a complete catalog.   Driving Directions:  From Thief River Falls MN go 8 miles west on CR1 to CR8.  Turn left on CR8 and go 4.5 miles west to parcel #1.            Property Information:   PARCEL 1   PARCEL 1 Acres:  278.2 Legal:  NW¼ & S½ NE¼  & NW¼ NE¼  less 1.8 acre Hwy ROW 32-154-45 FSA Tillable Acres:  254.9 Total - Currently 214.04 acres are being farmed (subject to a lease for 2014) and 40.9 acres are in CRP CRP Acres & Terms:  29 @ $38.98/ac. Expires 9-30-2016 11.9 @ $44.41/ac. Expires 9-30-2016 4.8 @ $45.52/ac.  Expires 9-30-2016              *Contract to be split by FSA Taxes (2013):  13.20/ac Property Note:   This parcel feature 214.04 acres of farm land with good quality soils.  The balance of the land consists of excellent wildlife habitat including 45.7 acres of CRP, mature trees, and a water way.          PARCEL 2   PARCEL 2 Acres:  160 Legal:  SW¼ 32-154-45 FSA Tillable Acres:  160 +/- total - Currently 157.46 acres are being farmed (subject to a lease for 2014) and 2.5 acres are in CRP  CRP Acres & Terms:  2.5 @ $45.52/ac. Expires 9-30-2016                                                 *Contract to be split by FSA Taxes (2013):  13.20/ac Property Note:   This parcel feature 157.46 acres of farm land with an average Soil Productivity Index of 73.  The ballance is 2.5 acres of CRP.     OWNER:  National Audubon Society, Inc.   This sale is managed by Pifer’s Auction & Realty, Kevin Pifer, MN #14-106. All statements made the day of the auction take precedence over all printed materials.  This property is subject to prior sale. The seller reserves the right to accept or reject any and all bids.