Auction Note

WRITTEN BID LEASE AUCTION 1,487 +/- Hay & Pasture Acres - Slope County, ND Written Bids Due By: Friday, February 11, 2022 – 5:00 p.m. (CT)   Fax or Email Bids to: Pifer’s Auction and Realty Attn: Ryan Hofland: BELT LAND, LLLP Land Lease Auction 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 rhofland@pifers.com (bid forms are available for download above)   Auction Note: Pifer’s Land Management is seeking bids for the 2022-2024 growing and grazing seasons. This farm has exceptional grass, great fences, rural water, wells, and access to all parcels.  Highest written bids will have an opportunity to orally raise their bid on Monday, February 14, 2022 at 2:00 p.m. (CT) by phone.  Bidders may bid on one or more parcels, or all parcels combined. The approved/and successful bidder will have possession upon signing of the lease by owner and tenant.  Bids will be submitted on an annual dollar basis.  Landowner retains all hunting rights.    Contact: Ryan Hofland at 701.373.5797 or rhofland@pifers.com, or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form (bid forms are available for download above)   Driving Directions: Parcels 1-3: From Marmarth, ND, go southeast on Hwy. #12 for approximately 13 miles to 162nd Ave. SW. Go north on 162nd Ave. SW for approximately 9 miles.  This will put you at the NW corner of Parcel 2 & the SW corner of Parcel 3. Parcel 1 is directly north of Parcels 2 & 3. Parcels 4 & 5: From Marmarth, ND, go southeast on Hwy. #12 for approximately 14 miles to Rhame Rd. Go north on Rhame Rd. for approximately 14.5 miles until the road curves east. Go 1/2 mile and this will put you at the SW corner of Parcel 4. Continue east on Rhame Rd. for another 1/2 mile to the section line. Go south on the section line for 1/2 mile and this will put you at the NW corner of Parcel 5.     Parcel 1: Legal: N1/2 & SW1/4 22-134-104 less Farmhouse and 2 steel buildings southwest of the Barn. Pasture Acres:  324 +/- Hay Acres: 146 +/- Grazing Association AUM’s:  1,056 This parcel features rural water and a well providing water to the parcel with excellent fences around the perimeter of the property. The approved bidder will have access to all buildings on the property with the exception of the farmhouse and the two smaller steel buildings closest to the road (south and southwest of the barn). The other buildings and corals will be included for use at the tenant’s discretion.  The property border fence is in excellent condition. Excellent access off of 162nd Ave. SW. The approved bidder will also have access to 2,359 +/- Federal Grassland acres in:           S1/2 36-135-105 West Slope (Road District 3) Township           All in 1-134-105 & NW1/4 12-134-105 West Slope (Road District 4) Township           All in 6-134-104 & 7-134-104 Mound Township The Federal lease is a Private Turn-In permit through the Little Missouri Grazing Association (LMGA). These acres have a current allotment to run 1056 AUMs, which will be adjusted per year based on the LMGA Requirements. The approved bidder must follow all LMGA Rules and Regulations. The approved bidder/tenant will also be responsible for the lease between the Little Missouri Grazing Association and approved bidder/tenant.     Parcel 2 Legal: SW1/4  34-134-104, NW1/4 & N1/2SW1/4  3-133-104 Pasture Acres:  391.67 +/- This property features excellent pastureland with productive soils and with very good fences designed specifically for cell grazing. The parcel will allow up to 650 AUMs with rural water on the property. Great access along 162nd Ave. SW.  Any Government payments awarded for farm program benefits for 2022 will go to the prospective tenant.     Parcel 3 Legal: NW1/4 34-134-104 Hay Acres: 157.21 +/- This parcel features 157.21 +/- hay acres and has a Soil Productivity Index (SPI) of 81. Currently, this parcel is in hay production and lays well with excellent access off of 162nd Ave. SW. Any Government payments awarded for farm program benefits for 2022 will go to the prospective tenant.     Parcel 4 Legal: SE1/4 1-134-104 & SW1/4 6-134-103  Hay Acres: 307.6 +/- This half section features 307.6 +/- hay acres with a great SPI of 65. This parcel has excellent access along the Rhame Rd. Any Government payments awarded for farm program benefits for 2022 will go to the prospective tenant.     Parcel 5 Legal: NW1/4 17-134-103 Pasture Acres: 160.74 +/- This property features 160.74 +/- pasture acres with a very good fences around the perimeter as well as rural water run to the property. This property has excellent access to the NW corner of the parcel. Any Government payments awarded for farm program benefits for 2022 will go to the prospective tenant.     OWNER: BELT Land, LLLP   Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on Friday, February 11, 2022. Written bids will be submitted on an annual dollar basis. All written bids must be accompanied with a 3-year farming plan, including but not limited to, crop rotation, normal chemical and fertilizer application, grazing rotations and grass management. These stewardship/farming plans are important to the land owner (s) and will play an important role in the final decision when awarding the contracts. The approved/ successful bidders will be responsible for all monthly water bills pertaining to the pastureland. 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 Monday, February 14, 2022, at 2:00 p.m. (CT). Each Oral Bidder will have the opportunity to bid on each parcel individually as well as all together (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 contract and terminate December 31, 2024.   Annual rent will be due on or before April 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 and Realty Attn: Ryan Hofland: BELT LLLP (Land Owner) 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 rhofland@pifers.com