Auction Note

LAND AUCTION 3,007 +/- Acres – Irrigated & Non-Irrigated Cropland Dickey & Sargent Counties, ND Thursday, January 25, 2018 – 10:00 a.m. (CT)   Auction Location:  Eagles Club – Valley City, ND   AUCTION NOTE: Dickey & Sargent County land features 3,007.55 acres of irrigated and non-irrigated croplan to be sold in 10 parcels! Irrigated land includes approximately 1,340.00 acres with 9 pivots. Great soil conditions on both the irrigated and non-irrigated cropland and irrigation systems for potatoes, corn, soybean, and small grain farming. All parcels located in the Oakes, North Dakota area. Contact:  Bob Pifer at 701.371.8538 bob@pifers.com or Kevin Pifer 701.238.5810 kpifer@pifers.com for more information and a complete catalog.   Driving Directions:  From Oakes, go north on Highway 1 at 81st St SE go six miles west. This will bring you to the corners of parcels 1 and 2. Highway 1 and 79th St SE go ½ mile east. This will bring you to the SW corner of Parcel 3 and then go 1½ more east. This will bring you to the SW corner of Parcel 4. Highway 1 and County Rd 3. This will bring you to the SW corner of Parcel 5. Parcel 6 on the north side of the Oakes Airport. Go east 1½ at Highway 1 and 89th St SE south of Oakes.  This will bring you to the NW corner of parcel 7 and then go another 1½ miles west. This will bring you to the SW corner of Parcel 8.  Then go north on 114th Ave SE to Dickey County Rd. This will bring you to parcel 9. See map for parcel 10.     LAND USE MAP IRRIGATED CROPLAND (BLUE) NON-IRRIGATED CROPLAND (BROWN)     Property Information: PARCEL 1 Acres: 584.54 +/- Legal: SE¼ Less 55.46 acres in E½ & NE¼ & NW¼ & SW¼ 17-132-60 Irrigated Cropland Acres: 394.70 +/- Non-Irrigated Cropland Acres: 161.62 +/- Taxes (2017):  $5,229.29 Reinke Electrogator (1989) electric system; pivot #27; 14 towers; well permit #4076; #100 Nelson end gun; low-pressure drop nozzles; 2 wells with one well screened from a depth of 125’-150’ and second well is screened from a depth of 104’-144’, 1,600 gallons/minute; (2) 3-phase electric pumps; electric motor; 165’ well depth; system makes a full circle and covers 394.7 acres. This parcel features 556.32 +/- acres of both Irrigated & dry cropland acres with a Soil Productivity Index of 69.9.      PARCEL 2 Acres: 80 +/- Legal: W½SW¼ 16-132-60 Cropland Acres: 76.68 +/- Taxes (2017): $699.10 This parcel features mostly tillable acres with 76.68 +/- acres of cropland.  Excellent Soil Productivity Index with 53 acres at a 75PI!     PARCEL 3 Acres: 160 +/- Legal: SE¼ 4-132-59 Irrigated Cropland Acres: 134.40 +/- Non-Irrigated Cropland Acres: 18.53 +/- Taxes (2017):  $1,375.88 Reinke Electrogator (2011) electric system, 8 towers, #100 Nelson end gun, lower pressure drop nozzles, 3-phase electric pump, well is screened from a depth of 160’-170’, 810 gallons/minute, makes a full circle and covers approximately 135 Acres. Parcel is pattern tiled and has fantastic soil productivity with most acres ranging between 75PI to 85 PI. If there are two buyers between this parcel and parcel 5 the well permit #2721 will need a request to be split with parcel 5 (SW¼ 21-132-59) from the ND State Water Commission.   PARCEL 4 Acres: 303.26 +/- Legal: S½NW¼ & Lots 3 & 4 & SW¼ 2-132-59 Cropland Acres: 297.12 +/- Taxes (2017):  $2,674.21 This parcel features 297.12 +/- acres of exceptional crop land with a strong cropping history.  Excellent Soil Productivity Index ranging from 75PI to 93PI! A perpetual US Fish & Wildlife designated wetland easement on the NW¼ of the property.     PARCEL 5 Acres: 154.26 +/- Legal:  SW¼ EX 5.74 A ROW 21-132-59 Irrigated Cropland Acres: 122 +/- Non-Irrigated Cropland Acres: 13.8 +/- Taxes (2017): $1,352.02 Reinke Electrogator (2011) electric system, well permit #2721, 8 towers, #100 Nelson end gun, lower pressure drop nozzles, 3-phase electric pump, well is screened from a depth of 195’-210’, 810 gallons/minute, makes a full circle and covers approximately 122 Acres. If there are two buyers between this parcel and parcel 3 the well permit #2721 will need a request to be split with parcel 3 (SE¼ 4-132-59) from the ND State Water Commission. Parcel is pattern tiled and has fantastic soil productivity with most acres ranging between 75PI to 85 PI. Excellent access of off State Hwy #1.      PARCEL 6 Acres:  277.04 +/- Legal: NE¼ & NW¼ EX Hwy & Airport 9-131-59 Irrigated Cropland Acres: 220.21 +/- Non-Irrigated Cropland Acres: 43.50 +/- Taxes (2017): $1,769.64 Large track with 2 pivots and 2 wells and with spot tiling in low areas. Located next to the Oakes Airport with great accessibility from State Hwy 1. Zimmatic (2003) electric system, well permit #2290, #100 Nelson end gun, low-pressure drop nozzles, 3-phase electric pump, well is screened from a depth of 80’-100’, 800 gallons/minute 112’ well depth, 800 gallons per minute, and system makes a 5/8 of a circle. Reinke Electrogator (2007) electric system, well permit #2332, #100 Nelson end  gun, low-pressure drop nozzles, 3-phase electric pump, well is screened from a depth of 99’-119’, 810 gallons/minute, 800 gallons per minute, system makes a full circle.     PARCEL 7 Acres: 306 +/- Legal: SE¼ & NE¼ 34-131-59 Irrigated Cropland Acres: 278 +/- Non-Irrigated Cropland Acres: 19.55 +/- Taxes & Specials (2017):  $6,938.11 Large track with 2 pivots and 3 wells with spot tiling in low areas along with a lift station. Property is located just a little over a mile east of Oakes. wells are screened from a depth of 34’-60’, 800 gallons/minute. Well Permit #2161 Zimmatic (2003) electric system, #100 Nelson end gun, low-pressure drop nozzles, submersible 3-phase electric pumps, per minute, and system makes a full circle. Reinke Electrogator (2007) electric system, #100 Nelson end gun, low-pressure drop nozzles, 3-phase electric pump, system makes a full circle.      PARCEL 8 Acres: 80 +/- Legal: SE¼SE¼ & SW¼SE¼ 25-131-59 Cropland Acres: 65 +/- Taxes & Specials (2017):  $710.94 This parcel features mostly tillable acres with 65 +/- acres of cropland.  Great Soil Productivity Index 75.1PI!     PARCEL 9 Acres: 747.45 +/- Legal: NE¼ & SE¼ North of RR 24-131-59 Dickey County NW¼ & SW¼ 19-131-58 and NW¼ 30-131-58 Sargent County Irrigated Cropland Acres: 225 +/- Total - 130 +/- in sections 24 & 19 and 95 +/-acres in section 30 if the irrigator ran across the rented quarter to the south. If not the irrigated acres would have to be adjusted. Permit #5631 is tied to section 19-131-58. Non-Irrigated Cropland Acres: 382.03 +/- Taxes & Specials (2017): $10,842.67 Section 19-30-58 has Zimmatic (1979) electric system, well permit #5631, #100 Nelson end gun, low-pressure drop nozzles, submersible 3-phase electric pumps, 160’ well depths, 600 gallons per minute. System is approved for 230 acres, limited acres in sections 19 & 24 so previous owner is using the extra irrigated acres for section 30. Located just east of Oakes this property has great soil productivity on the cropland acres with good access on Dickey County Rd 3. NW¼ in section 30-131-58 has Reinke Electrogator (2010) electric system, well permit #5631(tied to 19-131-58); 10 towers, #100 Nelson end gun, lower pressure drop nozzles, 3-phase electric pump, 160’ well depth, 600 gallons/minute, covers approximately 83 Acres in owners land and 43 acres of rented land to the south. Fantastic soils with most acres ranging between 75 to 85 PI.      PARCEL 10 Acres: 315 +/- Legal: SE¼ & SW¼ Less 5 Acres 11-131-58 Cropland Acres: 304.70 +/- Taxes & Specials (2017): $3,476.09 This half section features 304.70 +/- acres of exceptional crop land with a strong cropping history.  Excellent Soil Productivity Index with 180 acre 85PI!      OWNER: Rabo AgriFinance