Auction Note

WRITTEN BID LEASE SALE 837.1 +/- Acres – Grant County, ND & 263.88 +/- Acres – Morton County, ND Friday, February 8, 2019 – 4:00 p.m. (MT) & 5:00 p.m. (CT)   Written Bids Due:  Friday, February 8, 2019 – By: 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Jeffries Owner, Cropland and Pasture Lease Bid: C/O Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 Judy@pifers.com     Auction Note:  This land will be presented as six parcels.  Written bids will be accepted until 4:00 p.m. (MT) and 5:00 p.m. (CT) on Friday, February 8, 2019.  Bidding will be based on cropland acres. Bidders may bid on one or more parcels or all parcels combined.  Highest written bids will have an opportunity to orally raise their bid on Monday, February 11, 2019 at 10:00 a.m. (CT) by phone. This property features 263.88 +/- cropland acres in Morton County and 837.1 +/- cropland acres in Grant County.  The average Soil Productivity Indexes (SPI) range from 59.5 up to 70.2 indicating excellent cropland in this area. Grant County parcels are adjacent, creating for farming efficiencies.   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).     Parcel 1: Legal: All land East of 68th St. NW¼  23-139-89 West Morton Township, Morton County, ND Cropland Acres: 124.45 +/- Soil Productivity Index: 66.7 Parcel Note:  This field was planted to wheat in 2018 and has an excellent soil productivity with 40% of the soils ranging from 81 to 93.  Driving Directions:  At the intersection of Hwy. #49 and 66th Ave. on the west side of Glen Ullin, proceed west to the intersection of 68th Ave., turn north, drive 2 ½ miles on 68th Ave. arriving on the SW corner of the property and on north side of existing farmstead (not included).     Parcel 2: Legal:  NE¼  30-139-88 West Morton Township, Morton County, ND Cropland Acres: 139.43 +/- Soil Productivity Index: 59.5 Parcel Note:  Over 50% of the field has Belfield-Daglum complex soil with 2 percent slope for good drainage to the creek.  Wheat was planted in 2018.  Driving Directions: At the intersection of E South Ave. and 65th Ave. on the east side of Glen Ullin, proceed north  ½ mile on 68th Ave. arriving on the SE corner of the property.     Parcel 3: Legal: SE¼ 7-137-88 West Grant Township, Grant County, ND Cropland Acres: 110.56 +/- Soil Productivity Index: 70.2 Parcel Note: Over 67% of this parcel is 76 to 97 SPI.  A natural creek runs through the quarter for excellent drainage on gently rolling land.   Wheat was planted in 2018. Driving Directions: On the west side of Glen Ullin on Hwy. #49, proceed south for 8 ¾ miles to the intersection of 50th St. SW.  Turn east unto 50th St. SW, drive 1 ½ miles arriving at the SW corner of this property.      Parcel 4: Legal:  NW¼ 17-137-88 West Grant Township, Grant County, ND Cropland Acres:  118.02 +/- Soil Productivity Index:  70.5 Parcel Note:  The natural creek from Parcel 3 continues through this parcel.  Excellent SPI of 82 to 87 over 65% of the acreage.  Wheat was planted in 2018. Driving Directions: On the west side of Glen Ullin on Hwy. #49, proceed south for 8 ¾ miles to the intersection of 50th St. SW.  Turn east unto 50th St. SW, drive 2  miles arriving at the NW corner of section 17.       Parcel 5: Legal:   E½NW¼, N½NE¼SW¼, NE¼, E½SE¼ 18-137-88 West Grant Township, Grant County Cropland Acres: 303.13 +/- Soil Productivity Index: 65.2 Parcel Note: Over 76% of these acres have SPI’s of 82 to 88.  A natural creek runs through the quarter for excellent drainage.   Wheat was planted in 2018. Driving Directions: On the west side of Glen Ullin on Hwy. #49, proceed south for 8 ¾ miles to the intersection of 50th St. SW.  Turn east unto 50th St. SW, drive 2 miles arriving at the NE corner of section 18.        Parcel 6: Legal: E ½ 19-137-88 West Grant Township, Grant County, ND Cropland Acres: 307 +/- Soil Productivity Index: 58 Parcel Note:  This parcel has been farmed through the quarter line making it a mile-long field. The gentle rolling hills provides drainage to an established grass water way.  This parcel has over 62% of its acres in the 63 to 97 SPI range.     Driving Directions:  On the west side of Glen Ullin on Hwy. #49, proceed south for 10 ¾ miles to the intersection of 52nd  St. SW.  Turn east unto 52nd St. SW, continue 2  miles to the intersection of 65th Ave. SW arriving at the SE corner of this property and a field road to leading the north side of Section 19.       OWNER: Timothy Jeffries     Bidding Procedure:   All written bids must be received before 4:00 p.m. (MT) and 5:00 p.m. (CT) on Friday, February 8, 2019. Written bid is submitted on a 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 Land Management. Oral bidding on Monday, February 11, 2019 at 9:00 p.m. (MT) and 10:00 a.m. (CT).  Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before February 15, 2019 along with a letter of good-standing from their lending institution.  Liability insurance is required. Bidders are bidding on a 3-year rental contract for the cropland.  The agreement will begin at the signing of the contract and terminate on December 31, 2021. Annual rent will be due on or before February 15th each year of the agreement. All statements made the day of the Oral Bidding take precedence over all printed materials. The owner reserves the right to reject or accept any and all bids.   Mail, Email or Fax Bids to: Pifer’s Auction & Realty ATTN: Jefferies Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 Fax: 218.477.1969 Judy@pifers.com