Auction Note

WRITTEN BID LEASE AUCTION 1,700 +/- Crop Acres & Farmstead - Daniels & Valley Counties, MT Written Bids Due By: Friday, March 6, 2020 – 5:00 p.m. (MT)   Mail, Fax or Email Bids to: Pifer’s Land Management Attn: Ryan Hofland: Smith Family 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 rhofland@pifers.com (bid forms are available for download above)   Property Note: Pifer’s Land Management is seeking bids for the 2020-2021 crop season. This nearly ontiguous farm has excellent cropland, a beautiful farmstead and great access!  Highest written bids will have an opportunity to orally raise their bid on Tuesday, March 10, 2020 at 9:00 a.m. (MT) by phone.  Bidders may bid on one or more parcels or all parcels combined. The owners and Pifer’s Land Management is seeking a long-term tenant with strong ranching and farming stewardship practices. The successful bidder will have possession upon signing of the lease by owner and tenant.  Bids will be submitted on an annual dollar per acre basis.   Contact:  Ryan Hofland at 701.373.5797 or call Pifer's Auction & Realty at 877.700.4099 for a bid form.   Driving Directions:  Drive south on the Richland-Frazer Rd. for 13 miles.  Parcels 1 & 2 are on the east side of the road.       Property Information: Total Cropland Acres:  1,710.79 +/-         Parcel 1 - Valley Co. Legal: All 2-33N-43E Cropland Acres:  582.12 +/-  This is an excellent section featuring nearly 100% cropland with great access with Richland-Frazer Rd along the west border. Parcel 1 also is highlighted by a grass/waterway ideal for wildlife habitat in the southeast corner.               Parcel 2 - Valley Co. Legal:  SE¼ 1-33N-43E Cropland Acres: 153.61 +/- Parcel 2 consists of good cropland with an exceptional tree belt in the southeast corner with two grain bins.         Parcel 3 (Farm Headquarters) - Daniels Co. Legal: Lot 6, 7 and E½ SW¼ 6-33N-44E & Lots 1 & 2, S½NE¼ & SE¼ 6-33N-44E Cropland Acres:  420.39 +/- (Estimated) An incredible parcel including cropland with good soils and a functional, tasteful farmstead that features a nice home, equipment storage buildings, and additional grain storage.         House: Year Built: 1916 Living Area: 2,016 Sq. Ft. Bedrooms: 3 Bath: 1 Full Siding: Masonite Roof: Asphalt Foundation: Concrete Basement: Full – 528 Sq. Ft. HV/AC: Electric Baseboard Heat    Implement Shed: Year Built: 1982 Size: 57’ x 80’   Shop: Year Built: 1969 Size: 32’ x 40’   Steel Quonset: Year Built: 1954 Size: 36’ x 80’   Pole Shed: Year Built: 1974 Size:   20’ x 50’         Parcel 4 - Daniels Co. Legal:  N½ NE¼ 7-33N-44E Cropland Acres:  79.1 +/- Parcel 4 is an excellent piece of cropland with good access.             Parcel 5 - Daniels Co. Legal:  N½ N½ 8-33N-44E Cropland Acres:  167.1 +/- Parcel 5 is another excellent piece of grassland whose eastern boundary adoins to Parcel 6 and its northern border is Prairie Dell Rd.           Parcel 6 - Daniels Co. Legal: S½ 8-33N-44E Cropland Acres:  308.47 +/- This excellent cropland half section south of Prairie Dell Rd. ½ mile just south of Parcel 5.             OWNER:  Smith Family   Bidding Procedure: All written bids must be received before 5:00 p.m. (MT) on March 6, 2020. Written bids will be submitted on an annual per acre basis. All written bids must be accompanied with a ranch and farm history of your operation including, but not limited to owner/operators, equipment, grazing and farming practices. 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 March 10, 2020, at 9:00 a.m. (MT). Each Oral Bidder will have the opportunity to bid on each parcel individually as well as altogether (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 2-year lease agreement. The agreement will begin at the signing of the contract and terminate December 31, 2021.   Annual rent will be due upon signing the lease agreement for 2020, March 1st for 2021. 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: Smith Family (Landowner) 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 rhofland@pifers.com