Auction Note

LAND AUCTION 475.94 +/- Acres – Barnes County, ND Thursday, November 20, 2014 – 11:00 a.m. (CT)     Auction Location:   Eagles Club – Valley City, ND   Auction Note:   Featuring 475.94 acres with productive cropland and CRP.  This farm has been managed to put strategic areas in CRP with better areas left to farm, making for a high percentage income producing land.  The property is in an excellent location and has no wetland or wildlife easements.   Contact:  Terry Skjerseth at 701-261-1144 or tskjerseth@pifers.com or Steve Link at 701-361-9985 or stlink@pifers.com for more information, or Pifer’s Auction & Realty at 877-700-4099 for property brochure.   DRIVING DIRECTIONS:  From Oriska, ND:  Drive 7 miles north on HWY #32 to 26th St SE, then 2 miles west.  From this point, Parcel 1 is located ½ mile north on 126th Ave S (southwest corner) & Parcel 2 is located 1 mile west on 26th St SE and then 2 miles further north on 126th Ave. S (northeast corner).         Property Information   PARCEL 1   PARCEL 1 Acres: 315.94 +/- Legal: N½ 7-141-56 (Weimer Twp.) FSA Cropland: 316.21 +/- Acres (Includes CRP acres, FSA to determine exact acreage) Effective Crop Land:  220.11 +/- acres CRP: 96.1 Total Acres Contract #10094: 33 Acres @ $58.66/ac = $1,936.00/yr. - EXP: 9/30/2023 Contract #1510A: 61.4 Acres @ $33.56/ac = $2,061.00/yr.- EXP: 9/30/2014 Contract #1657C: 1.7 Acres @ 45.95/ac = $78.00/yr. - EXP: 9/30/2017 Taxes (2013): $1,630.21 (Tax Parcels #42-0720200 & #42-0710100)       PARCEL 2   PARCEL 2 Acres: 160 +/- Legal: NE¼ 35-142-57 (Grand Prairie Twp.) FSA Cropland: 159 +/- Acres (Includes CRP acres, FSA to determine exact acreage) Effective Crop Land:  135.5 +/- acres CRP: 23.5 Total Acres Contract #1655C (Partial): 0.8 Acres @ $49.66/ac = $39.73/yr. - EXP: 9/30/2017 Contract #1553: 2.2 Acres @ $34.50/ac = $76.00/yr. - EXP: 9/30/2015 Contract #1635A: 20.5 Acres @ $46.58 = $955.00/yr. - EXP: 9/30/2017 Taxes (2013): $1,071.74       OWNER: Kenneth Powers Estate     This sale is managed by Pifer’s Auction & Realty, Kevin Pifer, ND #715. All statements made the day of the auction take precedence over all printed materials.  The seller reserves the right to accept or reject any and all bids.