Auction Note

**SOLD!!** WRITTEN BID LAND LEASE 155.43 Cropland Acres – Larimore, ND Written Bids Due: Wednesday, February 15, 2017 – 5:00 p.m. (CT)   Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Thingelstad Lease – Dan Remes 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 dremes@pifers.com   Auction Note:  Land will be presented as 1 parcel and written bids will be accepted until 5:00 pm Wednesday February 15, 2017.  Highest written bids will have opportunity to orally bid on Monday, February 20 at 9am. This property features 155.43 acres of cropland a 84.1 average Soil Productivity Index with 35.4% of the index at 90 SPI.  This land is located 6 miles south of Larimore, ND off of ND-18.   Contact:  Dan Remes at 507-302-9326, (dremes@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:  From Larimore, ND, drive south on ND-18 for roughly 6 miles until you reach 13th Ave. Take a left on 13th Ave and drive half a mile. The quarter is on the north side of 13th Ave half a mile from ND-18. Property Information:  Acres: 155.43 +/- Legal: SE ¼ 30-151-54 Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Wednesday, February 15th, 2017. 2 - Written bid should be on a 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 Monday, February 20th, 2017. 4 - Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before March 1st, 2017 along with a non-revocable letter of credit from their lending institution. 5 – The bidder is bidding on a 3 year rental contract. The contract will begin on February 20th, 2017 and terminate on December 31st, 2019. 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 Land Mangement ATTN: Thingelstad Lease – Dan Remes 1506 29th Ave S Moorhead, MN 56560 Fax: 218-477-1969 dremes@pifers.com   Karen Thingelstad, Owner