Auction Note

WRITTEN LEASE BID SALE 554.93 Cropland Acres – Ransom County, ND Friday, February 17, 2017 – 5:00 p.m.   CLICK HERE FOR VIDEO!   Written Bids Due:  Friday, February 17, 2017 – before 5:00 pm (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Strander Land Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 Judy@pifers.com (bid forms are available to download above)   Auction Note:  Land will be presented as 4 parcels and written bids will be accepted until 5:00 pm February 17, 2017.  Highest written bids will have opportunity to orally raise the bid at date, time and location TBD. This property features 554.93 acres of cropland with a Soil Productivity Index of 58 to 81.  This is one of a kind unit being offered for the first time. Owner is retiring and 100% of these parcels are currently under tillage. Contact:  Judy Nohrenberg at 701-269-1503, (judy@pifers.com) or Pifer’s Auction & Realty at 877-700-4099 for more information or a bid form (bid forms can also be downloaded above).       Driving Directions:  Parcel 1:  From Lisbon ND drive west 15 miles on Highway 27, turn north unto 116th avenue.  You have arrived southeast corner of the property. Parcel 2:  From the intersection of  Highway 27, and 116th Avenue, drive 1 mile north to 66th St SE, turn east, drive .7 mile and you have arrived on the southwest corner of the property.  Parcel 3:  From the intersection of  Highway 27, and 116th Avenue, turn south onto 116th Avenue, you have arrived on the northeast corner of the property. Parcel 4:  From the intersection of  Highway 27, and 115th Avenue, turn north, you have arrived on the southeast corner of the property.    This property is located west of Lisbon along Highway 27 and is within 1 mile of each parcel.  The active cropland in each parcel is being offered.  The non-crop areas such as the pasture, CRP and perennial crops are not included.    Property Information: Parcel 1 Acres:  243.45 +/- acres Legal: W½ 4-134-58 – Hanson Township Soil Productivity Index: 76.5     Parcel 2 Acres: 53.24 +/- acres Legal:  SW¼ 33-135-58 – Fort Ransom Township Soil Productivity Index:  77.5     Parcel 3 Acres: 153.02 +/- acres Legal:  NE¼ 8-134-58 – Hanson Township Soil Productivity Index:  81.4       Parcel 4 Acres: 105.22 +/- acres Legal: S½ NE¼, SE¼ 6-134-58 – Hanson Township Soil Productivity Index:  58.1       Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday February 17, 2017. 2 - Written bid should be on an annual per acre basis. 3 - The top written bids will be invited to the Oral Bidding, and will have an opportunity to raise their bid at a time and place designated by Pifer’s Auction & Realty. Oral bidding will be held the week of February 20, 2017. 4 - Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before March 3, 2017 along with a non-revocable letter of credit from their lending institution. Liability insurance is required to be carried. 5 – The bidder is bidding on a 2 year rental contract. The contract will begin on January 1st, 2017 and terminate on December 31st, 2018. 6 – The owner reserves the right to reject or accept any and all bids. 7 - All statements made the day of the oral bidding take precedence over all printed materials. Mail, Email or Fax Bids to: Pifer’s Auction & Realty ATTN: Strander Land Lease, c/o Judy Nohrenberg 1506 29th Ave S. Moorhead, MN 56560 Fax: 218.477.1969 Judy@pifers.com Daryl K Strander and Florence Strander, Owners This lease is managed by Pifer’s Land Management. All statements made the day of the auction take precedence over all printed materials.  The owner reserves the right to reject or accept any and all bids.