Auction Note

**CLICK HERE TO REGISTER & BID FREE ONLINE!!** ONLINE ONLY LAND AUCTION 554.43 +/- Acres - Ramsey & Walsh Counties, ND Opens: Monday, June 13, 2022 – 8:00 a.m. Closes: Thursday, June 16, 2022 – 1:00 p.m.   Auction Note: This property features productive soil types and good Conservation Reserve Program (CRP) payments.  Parcel 1 borders Lawton, ND and offers excellent waterfowl hunting opportunities as well as a Waterbank payment with 8 years remaining. Parcel 2, in Lawton Township in Ramsey County has its CRP expiring in 2022 and is being renewed a much higher rate (See Parcel 2 for additional details). Parcel 3 in Shepherd Township in Walsh County has its CRP expiring in 2023 with excellent payment. Base Acres are combined with other non-sale units. If Parcel 2 and Parcel 3 come back into production, cropping the Base Acres will be determined by FSA. This property is subject to prior sale.   Contact:  Terry Skjerseth at 701.261.1144 or tskjerseth@pifers.com.   Driving Directions: Parcel 1: From the intersection of Main St. and Hwy. #1 in Lawton, ND, go west of Main St. for 0.5 miles. This will put you at the NE corner of Parcel 1. Parcel 2: From Lawton, ND, go north on Hwy. #1 for 5 miles to County Rd. #22A. This will put you at the NW corner of Parcel 2. Parcel 3: From Parcel 2, go east on County Rd. #22A for 5 miles to 109th Ave. NE. Go south on 109th Ave. NE for 0.5 miles. This will put you at the NE corner of Parcel 3.     Parcel 1 (Ramsey County): Acres:  53.54 +/-       Legal: Beg at NW Cor of NE¼SW¼ ETC 28-156-60 Hunting Acres: 53.54 +/- Taxes (2021): $343.13   Parcel 1a (Ramsey County): Acres:  2 +/-       Legal: Outlot 2-Blk: Sec. 28-156-60 (E&B) Taxes (2021): $7.09 Parcel 1 offers excellent waterfowl hunting opportunities outside of Lawton, ND. This parcel is enrolled in Waterbank Program and has 8 years remaining with annual payment of $2,144.25.  Additionally, Parcel 1a features 2 acres that does not have income, but is within the outer boundaries of Parcel 1. Transfering title to Parcel 1a will be a Quitclaim deed with no abstract provided. Parcel 1 and 1a will be sold together, parcel breakdown due to different land ownership.    Parcel 2 (Ramsey County): Acres:  338.89 +/-                   Legal: W½ 4-156-60 CRP Acres: 228.10 acres @ $35.01/acre - $7,986.00/annually - Expires:  9/30/2022 Taxes (2021): $1,796.44 Present owners have signed up to renew the present CRP contract, however the acres would change from the 228 acres (+/-) to 203 acres (+/-) with new contract beginning on Oct. 1, 2022.  The new CRP rate would be $62.25/acre or $12,636/annually. In today’s market with record setting commodity prices new owner may wish to discontinue the CRP and not-renew program prior to receiving any new payments and bring cropland back into production.  Penalty for taking out prior to any new annual payment being received will be approx. $15/crop acre.  New owners will receive 100% of the 2021-2022 Fiscal yr. CRP payment ($7,986).  There is a small 7.25 (+/-) parcel in the SW corner of the SW¼ of Sec. 4 that is presently being farmed, no written contract in force and no income for the 2022 crop year.       Parcel 3 (Walsh County): Acres:  160 +/-                   Legal: SE¼ 6-156-59 CRP Acres: 139.20 acres @ $86.84/acre - $12,088/annually – Expires 9/30/2023 Taxes (2021): $355.17 This parcel is on the western edge of Walsh County with strong CRP payments annually. New owner will receive 100% of the Fiscal 2021-2022 CRP payment of $12,088.         OWNER:  David Olderbak Family