Auction Note

WRITTEN BID AUCTION 810.14 Cropland Acres – Clay County, MN Friday, December 8, 2017 – 5:00 p.m. (CT)   Written Bids Due:  Friday, December 8, 2017 – before 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Auction & Realty ATTN: Case Agricultural Properties, LP 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 5 parcels and written bids will be accepted until 5:00 p.m. (CT) on Friday, December 8, 2017.  Bidding will be based on Cropland Acres. Highest written bids will have an opportunity to orally raise their bid on Monday, December 11, 2017 at 1:00 p.m. (CT) by phone.  Bidders may bid on one or more parcels or all parcels combined. This property features 810.14 acres of cropland with Soil Productivity Indexes between 73.4 to 89.7.    Contact:  Paul Butenhoff at 701-371-1426 (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: E1/2NE1/4 LESS DITCH & E1/2SE1/4 Section 16-140-47 in Moland Township, Clay County, MN Cropland Acres: 151.67 +/- Productivity Index: 89.7 Driving Directions: From Glyndon, MN drive west on Hwy 10 for approximately 3 miles, then take the Co Hwy 11 exit.  Turn north onto 70th St. N which turns into Hwy 11 and drive 4 miles north to the intersection Co Hwy 11 and Co Rd 91.  Turn east on to Co Rd 91 then proceed east 1.9 miles.  This will place you at the SE corner of the property at the corner of Co Rd 91 and Co Rd 68.     Parcel 2: Legal: NE1/4 Section 32-141-46 in Flowing Township, Clay County, MN Cropland Acres: 153.54 +/- Productivity Index: 86 Driving Directions: From Glyndon drive east on Hwy 10 for approximately 3 miles to the intersection of Hwy 10 and Hwy 9.  From the intersection, continue north 8 miles to intersection Hwy 9 and 100th Ave. N., then drive west 1 mile.  This will place you at the NE corner of the property at the corner of 100th Ave. N and 130th St. N.        Parcel 3: Legal: SW1/4 LESS DITCH & 6.02 AC Section 28-140-46 in Spring Prairie Township, Clay County, MN Cropland Acres: 140.23 +/- Productivity Index: 80.1 Driving Directions: From Glyndon drive east on Hwy 10 for approximately 3 miles to the intersection of Hwy 10 and Hwy 9.  From the intersection, continue north 2 miles to intersection of Hwy 9 and 28th Ave. N. This will place you at the SW corner of the property at the corner of Hwy 9 and 28th Ave. N.        Parcel 4: Legal: E1/2 Less GOV’T LOT 1 Section 04-140-46 in Spring Prairie Township, Clay County, MN Cropland Acres: 265.7 +/- Productivity Index: 75.5 Driving Directions: From Glyndon drive east on Hwy 10 for approximately 3 miles to the intersection of Hwy 10 and Co Rd 9.  Then from the intersection, continue north 6 miles to intersection of Hwy 9 and 80th Ave. N., then drive 1 mile east.  This will place you at the SW corner of the property at the corner of Hwy 9 and 150th St. N.     Parcel 5: Legal: SE1/4 LESS 1 AC TO TWP & LESS 60.42 AC Section 16-139-46 of Riverton Township, Clay County, MN Cropland Acres: 99 +/- Productivity Index: 73.5 Driving Directions: From Glyndon drive east on Hwy 10 for approximately 3 miles to the intersection of Hwy 10 and Co Rd 9.  From the intersection, continue south 2 miles to intersection of Hwy 9 and 28th Ave. S, then drive south for a ½ a mile.  This will place you at the SE 1/4 corner of the property.         OWNER: Case Agricultural Properties, LP     Bidding Procedure:   All written bids must be received before 5:00 p.m. on Friday, December 8, 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 11, 2017 at 1:00 p.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 18, 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: Case Agricultural Properties, LP Land Lease, C/o: Paul Butenhoff 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 EMAIL: paulb@pifers.com