Auction Note

WRITTEN BID AUCTION 728.61 Cropland Acres – Grand Forks County, ND Friday, December 1, 2017 – 5:00 p.m. (CT)   Written Bids Due:  Friday, December 1, 2017 – before 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Auction & Realty ATTN: Kevin Knudson Land Lease, C/o: Paul Butenhoff 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 EMAIL: paulb@pifers.com (bid forms are available for download above)     Auction Note:  Land will be presented in 3 parcels and written bids will be accepted until 5:00 p.m. (CT) on Friday, December 1, 2017.  Bidding will be based on Tillable Acres. Highest written bids will have an opportunity to orally raise their bid on Monday, December 4, 2017 at 10:00 a.m. (CT) by phone. Bidders may bid on one or more parcels or all parcels combined.This property features 728.61 acres of cropland with Soil Productivity Index between 62.5 to 85.5!   Contact:  Paul Butenhoff at 701.371.1426 or paulb@pifers.com or Pifer’s Auction & Realty at 877.700.4099 for more information or for a bid form (bid forms are available for download above).   Property Information:   Parcel 1: Legal: SE1/4 Section 12-152-55 in Elm Grove Township, Grand Forks County, ND Acres: 131.21 +/- Cropland (Tillable Acres): 74.25 +/- Productivity Index: 62.5 Driving Directions: This property is at the intersection of Highway 18 and 22nd Ave NE.   Parcel 2: Legal: N1/2 & SW1/4 Section 5-152-54 in Hegton Township, Grand Forks County, ND Acres: 528.02 +/- Cropland (Tillable Acres): 473.80 +/- Productivity Index: 85.1 Driving Directions: From the intersection of Highway 18 and 24th Ave NE proceed 1 mile east.  This will place you at the NW corner of the property at the corner of 24th Ave NE and 36th St NE.   Parcel 3: Legal: NW1/4 Section 4-152-54 in Hegton Township, Grand Forks County, ND Acres: 185.32 +/- Cropland (Tillable Acres): 180.56 +/- Productivity Index: 85.5 Driving Directions: From the intersection of 24th Ave NE and 36th St. NE proceed 1 mile east.  This will place you at the NW corner of the property at the corner of 24th Ave NE and 35th St NE.        OWNERS: Kevin & Arlene Knudson         Bidding Procedure: All written bids must be received before 5:00 p.m. on Friday, December 1, 2017. Written bids should be on a per acre basis. 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 on Monday, December 4, 2017 at 10:00 a.m. (CT) 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 and will be required to return a signed copy to Pifer’s on or before December 11, 2017. Bidders are bidding on a 2 year lease agreement. The agreement will begin on January 1, 2018 and terminate on December 31, 2019. The Landowner reserves the right to reject or accept any and all bids. 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: Kevin Knudson Land Lease, C/o: Paul Butenhoff 1506 29th Ave S Moorhead, MN 56560 FAX: 218.477.1969 EMAIL: paulb@pifers.com