Auction Note

WRITTEN BID LEASE AUCTION 2,993.15 +/- Cropland & Hayland Acres  Bowman & Slope Counties, ND Friday, February 1, 2019 – 5:00 p.m. (MT)   Written Bids Due By:  Friday, February 1, 2019 – before 5:00 p.m. (MT) Mail, Fax or Email Bids to: Pifer’s Auction & Realty ATTN: Dwight Hofland (Allen T. and Corrinne M. Fish Lease Auction) 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 Email: dhofland@pifers.com (bid forms are available for download above)     Auction Note:  This land is offered in 7 parcels. Written bids will be accepted until 5:00 p.m. (MT) on Friday, February 1, 2019.  Bidding will be based on a dollar amount per acre. Highest written bids will have an opportunity to orally raise their bid on Tuesday, February 5, 2019 at 10:00 a.m. (MT) by phone.  Bidders may bid on one or more parcels or all parcels combined. All bids must be accompanied by a three year farming/stewardship plan. This property features 2,993.15 +/- acres of cropland with Soil Productivity Indexes up to 68.3.     Contact:  Dwight Hofland at 701.630.4359 (dhofland@pifers.com) or Pifer’s Auction & Realty at 877.700.4099 for more information or for a bid form (bid forms are available for download above).     Parcel 1: Legal: W½ 1-133-104 Crawford Township and SW¼ Section 36-134-104 Mound Township, Slope County, ND Cropland Acres: 407.73 +/- Productivity Index: 65 Parcel Note: The owner has farmed these two land units as one field. This parcel features a strong Soil Productvity Index (SPI) up to 96. Driving Directions: From Rhame, North Dakota, drive approximately one mile west on US Hwy. #12. Turn north on 160th Ave. SW and travel north approximately 7 1/2 miles, this will place you at the western edge of this parcel.     Parcel 2: Legal:  Section 19-133-103 Deep Creek Township, Slope County, ND Cropland Acres: 471.66 +/- Hayland Acres: 38.17 +/- Fall Grass Acres: 110.35 +/- Productivity Index: 61 Parcel Note: This diverse parcel features both cropland and hayland with a SPI up to 96. Driving Directions:  From Rhame, North Dakota, take Main Ave. in Rhame to North Avenue, turn right and proceed approximately one-half mile on North Ave. Turn north on 157th Ave. SW and proceed approximately six miles north, turn west and proceed approximately 2 miles. This will place you at the northwest corner of the section.     Parcel 3: Legal: W½ 23-132-105 West Bowman Township, Bowman County, ND Cropland Acres: 273.09 +/- Productivity Index: 50.7 Parcel Note: This parcel has excellent access with a SPI as high as 76. Driving Directions: From Rhame, North Dakota, drive approximately 5 1/2 miles west on US Hwy. #12. This parcel is on the south side of US Hwy. #12.     Parcel 4: Legal: NW ¼ 24-132-105 West Bowman Township, Bowman County, ND Cropland Acres: 141.61 +/- Productivity Index: 67.6 Parcel Note: This parcel has excellent access, and a SPI as high as 96. Bin site excluded. Driving Directions: From Rhame, North Dakota, drive approximately five mile west on US Hwy. #12 to 163rd Ave. SW. This will place you at the northwest corner of the parcel which is on the south side of US Hwy. #12.     Parcel 5: Legal:  Section 13-132-105 West Bowman Township, Bowman County, ND Cropland Acres:  586.69 +/- Productivity Index: 63.9 Parcel Note: This parcel features exceptional cropland & cropping history. Nearly 40% of the cropland has a SPI over 70. Driving Directions: From Rhame, North Dakota, drive approximately four mile west on US Hwy. #12 to Fort Dilts Rd. Turn north on Fort Dilts Rd., this will place you at the southeast corner of the property.     Parcel 6: Legal: N ½  22-132-104 in West Bowman Township, Bowman County, ND Cropland Acres:  257.94 +/- Productivity Index: 68.2 Parcel Note: This parcel features excellent access off US Hwy. #12. Approximately 65% of the cropland has a SPI over 70. Driving Directions: From Rhame, North Dakota, drive approximately one mile west on US Hwy. #12. Turn north, this will place you at the southwest corner of the property.     Parcel 7: Legal: Section 19-133-105 and 14.88 +/- of  30-133-105 in Hughes Township and NW ¼ 24-133-106 in Bucklin Township, Slope County, ND Cropland Acres: 705.91 +/- Productivity Index: 52.1 Parcel Note: This parcel offers excellent access north of Marmarth, ND with excellent cropping history. Approximately 65% of the cropland has a SPI over 60. Farmstead excluded. Driving Directions: From Marmarth, North Dakota, drive west on US Hwy. #12 to West River Rd. (Old 16 Rd.), turn right and go north approximately 11/2 miles. This will place you at the southwest corner of the section 24 in Bucklin Township.       OWNERS: Allen T. and Corrinne M. Fish     Bidding Procedure: All written bids must be received before 5:00 p.m. (MT) on Friday, February 1, 2019. Written bids will be submitted on an annual per acre basis. 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 on Tuesday February 5, at 10:00 a.m. (MT). Each Oral Bidder will have the opportunity to bid on each parcel individually as well as altogether (Overall).  Each Oral Bidder must bid on at least one parcel individually to qualify for participation in the Overall bidding process. The winning bidder will (upon Landowner acceptance) receive a lease agreement provided by Pifer’s Land Management. Bidders are bidding on a 3-year lease agreement. The agreement will begin at the signing of the lease agreement and terminate on December 31, 2021. Annual rent will be due on or before March 1st each year of the lease agreement. The awarded Bidder must provide a letter of good standing from their financial institution. The Landowner reserves the right to accept or reject any and all bids. All statements made the day of the Oral Bidding take precedence over all printed materials.   Mail, Fax or Email Bids to: Pifer’s Auction & Realty ATTN: Dwight Hofland (Allen T. and Corrinne M. Fish Lease Auction) 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 Email: dhofland@pifers.com