Auction Note

WRITTEN BID SALE 1024.62 Crop Land Acres – Stutsman County, ND Friday, November 3rd, 2017 – 5:00 p.m. (CT)   Written Bids Due:  Friday, November 3rd, 2017 – before 5:00 pm (CT) Mail, Email or Fax Bids to:   Pifer’s Corporate Office ATTN: Hofmann Land Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 judy@pifers.com (bid forms are available to download above)   Auction Note: Land will be 5 parcels and written bids will be accepted until 5:00 p.m. Friday, November 3, 2017. This property features 1,024.62 acres of cropland.  Bidding is for 145.92 acres of hay land and 878.7 acres of cropland.  This land is located within sections 8, 22, 27, 29 and 32 in Iosco Township of Stutsman County, North Dakota.  It has excellent FSA crop base acres totaling 962.9 acres.   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).     Property Information:   Parcel 1: Acres:  155 +/-        Cropland: 145.92 +/-  Mix grass for hay. Legal: SW¼ Section 8-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 29.1 Driving Directions:  From Medina ND, drive north on County Road 67 to the intersection of 26th ST SE, turn west, drive ½ mile arriving at the SE corner of SW ¼ section 8-141-68.      Parcel 2: Acres:  421 +/-      Cropland: 359.41 +/-  currently in grassland, tenant must prepare land for 2018 crop season. Legal: N½, SE¼ Section 29-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 58.0 Driving Directions:  From Medina ND, drive north on County Road 67 to the intersection of 28th ST SE, turn west, arriving at the NE corner of N½ of Section 29-141-68.       Parcel 3: Acres: 316 +/-       Cropland: 197.08 +/-  Legal: N½ Section 32-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 56.2 Driving Directions:  From Medina ND, drive north 7 miles on County Road turn west, arriving at the SE corner of N½ Section 32-141-68.       Parcel 4: Acres: 80 +/- Cropland: 74.16 +/- Legal: W½SW¼ Section 22-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 73.2 Driving Directions:  From Medina ND, drive north on County Road 67 to the intersection of 28th ST SE, turn east drive one mile, arriving at the SW corner of W½SW¼ Section 22-141-68.       Parcel 5: Acres: 321 +/-       Cropland: 248.05 +/-  currently in grassland, tenant must prepare land for 2018 crop season. Legal: S½ Section 27-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 55.8 Driving Directions:  From Medina ND, drive north on County Road 67 to the intersection of 28th ST SE, turn east, drive 1½ miles turn south on the field road, drive ½ mile arriving at the N quarter line of S½ Section 27-141-68.         OWNERS: Janice Hofmann Trust, %Heartland Trust Company & Janice Hofmann Estate         Bidding Procedure:   1 - All written bids must be received before 5:00 p.m. on Friday November 3rd, 2017. 2 - Written bid should be on an annual 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 the on November 6th, 2017 at 10:00 am. 4 - Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before November 13, 2017 along with a non-revocable letter of credit from their lending institution. Liability insurance is required to be carried. 5 - The bidder is bidding on a 5-year rental contract. The contract will begin on November 13, 2017 and terminate on December 31st, 2022. 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 Auction & Realty ATTN: Hofmann Land Lease, c/o Judy Nohrenberg 1506 29th Ave S. Moorhead, MN 56560 Fax: 218.477.1969 Judy@pifers.com