Auction Note

WRITTEN BID LEASE AUCTION 452.01 Pasture & 152.15 Hayland– New England, ND Written Bids Due:  Friday, March 17, 2017 – before 5:00 p.m. (CT)   Auction Note:  Land will be presented as 3 separate parcels and written bids will be accepted until 5:00 pm Friday, March 17, 2017.  Highest written bids will have the opportunity to orally raise the bid on Monday, March 20th, 2017, time TBD.   This property features 452.01 acres of pasture and 152.15 acres of hayland acres.  Well established grass and water sources.  Convenient and easy access to each parcel. This land is 13 miles south of New England on Hwy 22 in Hettinger County, ND.    Contact:  Dwight Hofland, (dhofland@pifers.com) or Pifer’s Land Management at 877-700-4099 for more information or a bid form (bid forms can also be downloaded above).   Driving Directions: Parcel 1:  From New England, ND, drive 13 miles south on Hwy 22, turn left onto 74th St SW, immediately on the left is the SW corner of parcel 1. Parcel 2:  From New England, ND, drive 13 miles south on Hwy 22, turn left onto 74th St SW, immediately on the right is the NW corner of parcel 2. Parcel 3:  From New England, ND, drive 13 miles south on Hwy 22, take a right onto 74th St SW, in two miles you will reach 119th Ave SW, immediately on the right is the SW corner of parcel 3.    Property Information: Parcel 1: Acres: 149.47 +/- Legal: SW1/4 of 10-133-97   Parcel 2: Acres: 302.54 +/- Legal: W1/2 of 15-133-97   Parcel 3: Acres: 152.15 +/- Legal: SW1/4 of 8-133-97     Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday, March 17th, 2017. 2 - Written bids should be on a 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 TBD by Pifer’s Land Management. Oral bidding will be held Monday, March 20th, 2017. 4 - Winning bid will receive a lease agreement and will be required to return it to Pifer’s on or before March 27th, 2017 along with a non-revocable letter of credit from their lending institution. 5 – The bidder is bidding on a 3 year lease agreement. The agreement will begin on April 1st, 2017 and terminate on December 31st, 2019. 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 Land Management ATTN: Dwight Hofland Ott Land Lease 1506 29th Ave S. Moorhead, MN 56560 Fax: 218-477-1969 dhofland@pifers.com     George L. and Clara B. Ott Revocable Trust, Owner   This lease is managed by Pifer’s Land Management. All statements made the day of the auction take precedence over all printed materials.  The owner reserves the right to reject or accept any and all bids.