Auction Note

***PLEASE NOTE UPDATES TO PARCELS 3 & 4*** FARMLAND AUCTION 635.75 +/- Acres - Clay & Norman County, MN Tuesday, March 24, 2015 - 4:00 p.m. (CT)     Auction Location: Courtyard Marriott - Moorhead, MN    Property Note: This property features excellent Red River Valley Cropland with great access, including 190 +/- cropland acres located east of Georgetown in Clay County, MN and 420 +/- cropland acres in Norman County, MN.  With the exception of Parcel 6, this land is available for the 2015 crop season!    Contact: Steve Dalen at 701-893-8517 or Lindsey Brown at 701-371-5538 for more information or Pifer’s Auction & Realty at 877-700-4099 for a brochure on this property.     Driving Directions: -Parcel 1: From Georgetown, MN:  Drive east on HWY #34 for 3 miles to 30th St. N, then turn left and drive north for 2 miles to 180th Ave N. This will put you at the southwest corner of Parcel 1.  -Parcel 2 is contiguously located to the north of Parcel 1.  -Parcel 3 is contiguously located to the north of Parcel 2. -Parcel 4: From Perley, MN:  Drive east on HWY #39 for 3 miles, to 160th St, then turn right and drive south for 1 mile to 110th Ave, then turn left and drive east ½ a mile.  This will put you at the NE corner of Parcel 4.  -Parcel 5 is contiguously located to the north of Parcel 4. -Parcel 6:  From Perley, MN:  Drive east on HWY #39 for 3 miles to 160th St, then turn left and drive north for 3 miles to 150th Ave, then turn right and drive east 1 mile to 170th St, then turn left and drive north for a ½ mile.  This will put you at the SW corner of Parcel 6.       Property Information:   PARCEL 1   PARCEL 1 Acres: 80 +/- Legal: S½ SW ¼ of 14-142-48 (Clay County, MN) Tillable Acres: 70 +/- Soil Productivity Index: 90.6 Taxes (2014): $33.05/ac. (estimate) Parcel ID #: 09.014.3000 (Parcels 1 & 2 Combined) Description:  Excellent cropland with great access and a fantastic opportunity for building sites!  Near Georgetown, MN and only a short 20 minute drive to downtown Fargo-Moorhead! OWNER: Mildred Kolness Revocable Living Trust     PARCEL 2   PARCEL 2 Acres: 80 +/- Legal: N½ SW ¼ of 14-142-48 (Clay County, MN) Tillable Acres: 73.2 +/- Soil Productivity Index: 88.2 Taxes (2014): $33.05/ac. (estimate) Parcel ID #: 09.014.3000 (Parcels 1 & 2 Combined) Description:  Excellent cropland with great access and a fantastic opportunity for building sites!  Near Georgetown, MN and only a short 20 minute drive to downtown Fargo-Moorhead! OWNER: Mildred Kolness Revocable Living Trust   PARCEL 3   PARCEL 3 Acres: 48 +/- Legal: Part of S½ NW ¼ of 14-142-48 (Clay County, MN) Tillable Acres: 47.2 +/- Soil Productivity Index: 90.6 Taxes (2014): $22.10/ac. Parcel ID #: 09.014.2300 Description:  Excellent cropland with great access and a fantastic opportunity for building sites!  Near Georgetown, MN and only a short 20 minute drive to downtown Fargo-Moorhead! OWNERS: Donovan & Becky Kolness     PARCEL 4   PARCEL 4 Acres: 112 +/- Legal: Part of N½ SW¼ & W½ SE¼ 35-143-48, less 5.75 ac. FEMA site & 40 ac. in NW¼ SW¼ (Norman County, MN) Tillable Acres: 111 +/- Soil Productivity Index: 92.8 Taxes (2014): $19.31/ac. (estimate) Parcel ID #: 12-5380000 (Parcels 4 & 5) Description:  Excellent cropland with great access! OWNER: Mildred Kolness Revocable Living Trust   PARCEL 5   PARCEL 5 Acres: 80 +/- Legal: E½ NW¼ 35-143-48 (Norman County, MN) Tillable Acres: 79 +/- Soil Productivity Index: 93.9 Taxes (2014): $19.31/ac. (estimate) Parcel ID #: 12-5380000 (Parcels 4 & 5) Description:  Excellent cropland with great access! OWNER: Mildred Kolness Revocable Living Trust     PARCEL 6   PARCEL 6 Acres: 235.75 Legal: SW¼ NE¼; S½ NW¼ & Lots 2, 3, & 4 in 1-143-48 (Norman County, MN)  Tillable Acres: 230 +/- Soil Productivity Index: 90.6 Taxes: $20.28/ ac. Parcel ID #: 12-5211000 Description:  Excellent cropland with great access!  PLEASE NOTE:  This parcel has a rental contract in place for the 2015 crop year at $225.00/ac. that will be paid in full to the new owner/buyer (other than current tenant). OWNER: Mildred Kolness Revocable Living Trust     OWNERS:  Mildred Kolness Revocable Living Trust (&) Donovan and Becky Kolness   This sale is managed by Pifer's Auction Company, Kevin Pifer, MN #14-106.  All statements made the day of the auction take precedence over all printed materials.  The seller reserves the right to reject or accept any and all bids.