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WRITTEN BID LEASE – 297 Acres - Emmons County, ND

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WRITTEN BID LEASE – 297 Acres - Emmons County, ND

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Auction Note

WRITTEN BID LAND LEASE 297 Hay Land Acres – Emmons County, ND Friday, April 28, 2017 – 5:00 p.m. Written Bids Due: Friday, April 28th, 2017 – before 5:00 pm (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Multiple Owners Hay Land Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 Judy@pifers.com (bid forms are available to download above) Auction Note: Land will be presented as 1 unit and written bids will be accepted until 5:00 pm Friday April 28th, 2017. This property features 297 acres of Alfalfa, Mixed grass and Native hay land. This land is located within section 4, 6, 10 and 18 in Northeast Township of Emmons County southwest of Kintyre. Contact: Judy Nohrenberg at 701-269-1503, (judy@pifers.com) or Pifer’s Auction & Realty at 877-700-4099 for more information or a bid form (bid forms can also be downloaded above). Driving Directions: This Unit is located on four different parcels in the Northeast township of Emmons County. Parcel 1: Drive from Kintyre south to Highway 34. At the intersection of highway 34 and 21st Ave SE, turn south to 66th ST SE. This is NE corner of Section 4-134-74. Parcel 2: Drive south on 21st Ave SE to 67th St SE. At this intersection is the NW corner of Section 10-134-74. Parcel 3: Drive on 67th ST SE west to 18th Ave SE. Turn south on 18th Ave SE to 68th ST SE arriving at the NW corner of Section 18-134-74. Parcel 4: Drive north on 18th Ave SE to 66 ST SE arriving at the NW corner of Section 6-134-74. Multiple Owners Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday April 28th, 2017. 2 - Written bid should be on a per acre basis. 3 - Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before May 10th, 2017 along with a non-revocable letter of credit from their lending institution. 4 - The bidder is bidding on a 1 year rental contract. The contract will begin on May 1th, 2017 and terminate on December 31st, 2017. 5 - The owner reserves the right to reject or accept any and all bids. Mail, Email or Fax Bids to: Pifer’s Auction & Realty ATTN: Multiple Owners Lease, c/o Judy Nohrenberg 1506 29th Ave S. Moorhead, MN 56560 Fax: 218.477.1969 Judy@pifers.com

WRITTEN BID LEASE– 765 Cropland Acres - Eddy County, ND

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WRITTEN BID LEASE– 765 Cropland Acres - Eddy County, ND

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Auction Note

WRITTEN BID SALE 765 Cropland Acres – Eddy County, ND Written Bids Due: Friday, June 23, 2017 – before 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Beverly Bjornson Crop Land Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 Judy@pifers.com Auction Note: This property features three parcels of 755 +/- acres of CRP Expiring on 9/30/2017, and 9.76 acres of mixed hay in parcel 3. This land is located within section 25, 26 and 27 in Sheldon Township of Eddy County east of New Rockford. Beginning farmers are encouraged to participate for FSA TIP program consideration. Contact: Judy Nohrenberg at 701-269-1503 or Pifer’s Auction & Realty at 877-700-4099 for more information or a bid form (bid forms can also be downloaded above). Driving Directions: Parcel 1: Drive from New Rockford east 7 miles on Co. Road 15. Turn north on 75th Ave. NE, this is the SW corner of Section 27-149-65. Parcel 2: From parcel 1, continue east on Co. Road 15 for a mile. Turn north on 76th Ave. NE for a mile, then turn east on 20th St. NE for a 1/2 of mile, this is the NW corner of NE 1/4 Section 26-149-65. Parcel 3: At the intersection of 76th Ave. NE and Co. Road 15, drive east for a mile on 15, this is the SW corner of Section 25-149-65. Property Information: Parcel 1: Acres: 154.4 +/- Cropland: 138.84 +/- Currently in CRP and to be broke for 2018 spring planting. Legal: SW ¼ 27-149-65 in Sheldon Township, Eddy County Productivity Index: 41.9 Parcel 2: Acres: 159.75 +/- Cropland: 158.89 +/- Currently in CRP and to be broke for 2018 spring planting. Legal: NE¼ 26-149-65 in Sheldon Township, Eddy County Productivity Index: 42.3 Parcel 3: Acres: 467.81 +/- Cropland: 458.05 +/- Currently in CRP and to be broke for 2018 spring planting. Mixed Hay Acres: 9.76 +/- Legal: SW¼ and E½ 25-149-65 in Sheldon Township, Eddy County Productivity Index: 46.0 OWNER: Beverly Bjornson Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday, June 23, 2017. 2 - Written bid should be on an annual 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 and place designated by Pifer’s Auction & Realty. Oral bidding will be held the week of June 26, 2017. Preference will be considered to beginning farmers. 4-Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before July 10th, 2017 along with a non-revocable letter of credit from their lending institution. Liability insurance is required to be carried. 5 – The bidder is bidding on a 5-year rental contract. The contract will begin on October 1, 2017 and terminate on December 31st, 2022. 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 Auction & Realty ATTN: Multiple Owners Lease, c/o Judy Nohrenberg 1506 29th Ave S. Moorhead, MN 56560 Fax: 218.477.1969 Judy@pifers.com

WRITTEN BID LEASE - 158 Acres - Stutsman County, ND

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WRITTEN BID LEASE - 158 Acres - Stutsman County, ND

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Auction Note

WRITTEN BID SALE 158 Cropland Acres - Stutsman County, ND Friday, August 18, 2017 – 5:00 p.m. (CT) Written Bids Due: Friday, August 18, 2017 – before 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Lunde Crop Land Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 Judy@pifers.com (bid forms are available to download above) Auction Note: Land will be presented as one parcel and written bids will be accepted until 5:00 p.m. Friday August 18, 2017. This property features 157.29 acres of Mixed Hay. This land is located within E ½ of section 26 in Winfield Township of Stutsman County, south of the Spiritwood I-94 exit # 269. The tenant will prepare the acres for 2018 spring crop planting. Contact: Judy Nohrenberg at 701-269-1503, (judy@pifers.com) or Pifer’s Auction & Realty at 877.700.4099 for more information or a bid form (bid forms coming soon!) Driving Directions: From Jamestown, ND, drive east on I-94 to the Spiritwood exit # 269. Drive south on County Road 62 approximately 5 miles, turn east and drive one-half mile on 41st St. SE, this will be the SW corner of the property. Property Information: Acres: 157.29 +/- Cropland: 157.29 +/- Currently in Grass mixture and to be broke for 2018 spring planting by the tenant. Legal: E 1/2 26-139-62 in Winfield Township, Stutsman County, ND Productivity Index: 49.1 FSA Base Acres: 104.8 Owners: Brian & Barbara Lunde Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday August 18, 2017. 2 - Written bid should be on an annual 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 and place designated by Pifer’s Auction & Realty. Oral bidding will be held the on August 21, 2017 at 9:00 am. 4-Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before September 4, 2017 along with a non-revocable letter of credit from their lending institution. Liability insurance is required to be carried. 5 – The bidder is bidding on a 3-year rental contract. The contract will begin on September 4, 2017 and terminate on December 31st, 2020. 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.

WRITTEN BID LEASE - 180 Acres - McHenry County, ND

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WRITTEN BID LEASE - 180 Acres - McHenry County, ND

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Auction Note

WRITTEN BID LEASE AUCTION 180 +/- Crop Land Acres – McHenry County, ND Written Bids Due: Friday, September 8, 2017 – 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Chris and Lillian Volk Trust Land Lease, c/o Dwight Hofland 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 dhofland@pifers.com (bid forms are available to download above) Auction Note: Land will be presented as one parcel. Written bids will be accepted until 5:00 p.m. Friday, September 8, 2017. This property features 180 +/- acres but bidding for this parcel will be based on an established 120 crop base acres. Upon completion of final acreage reporting at the USDA FSA office, there will be additional rent due on additional planted acres. rental This land is located within NE ¼ of section 3 in Denbigh Township, McHenry County, North Dakota. The highest bidder will have immediate possession and will be able to prepare this parcel for the 2018 crop season. Bidding will be on a dollar amount per acre to establish annual rent. Contact: Dwight Hofland at 701.630.4359 or dhofland@pifers.com, or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form (bid forms can also be downloaded above). Driving Directions: From Towner ND, drive northwest on Highway # 14 to 65th Street NE. Go west on 65th Street NE approximately 5 miles to 2nd Ave NW, turn north and drive ½ mile north. This will place you at the southeast corner of the parcel. Property Information: Acres: 180 +/- Cropland: 120 +/- Land to be put into production for 2018 spring planting. Legal: NE ¼ 3-156-77 in Denbigh Township, McHenry County, ND Productivity Index: 49.7 Owners: Chris and Lillian Volk Trust Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday, September 8, 2017. 2 - Written bid should be on an annual 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 and place designated by Pifer’s Auction & Realty. Oral bidding will be held the on September 11, 2017, time TBD 4-Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before September 18, 2017 along with a non-revocable Letter Of Credit from their lending institution. Liability insurance is required. 5 – The bidder is bidding on a 2-year rental contract. The contract will begin on September 18, 2017 and terminate on December 31, 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.

WRITTEN BID LEASE - 69 +/- Cropland Acres - Wood County, WI

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WRITTEN BID LEASE - 69 +/- Cropland Acres - Wood County, WI

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Auction Note

WRITTEN BID SALE 69 +/- Crop Land Acres – Wood County, WI Written Bids Due: Friday, October 6, 2017 – 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office Accola Family Trust Land Lease, c/o Bob Panzer 1106 Mondovi Road #118 Eau Claire, WI 54701 FAX: 218-477-1969 bpanzer@pifers.com (bid forms are available to download above) Auction Note: Land will be presented as all one parcel and written bids will be accepted until 5:00 pm on Friday, October 6, 2017. This property features 120 +/- acres. Bidding for this parcel will be based on an established 69+/- tillable base acres. Upon completion of final acreage reporting at the USDA FSA office, there will be additional rent due on any additional planted acres. This land is located within E2NW4 less the farmstead, SW4NE4 of Section 28-23-2 in Cary Township of Wood County, Wisconsin. The highest bidder will have immediate possession and will be able to prepare this parcel for the 2018 crop season. Bidding will be on a dollar amount per acre to establish annual rent. Contact: Bob Panzer at 920.539.8728 or bpanzer@pifers.com, or Pifer’s Auction & Realty at 218.477.1968 for more information or a bid form (bid forms can also be downloaded above). Driving Directions: From Pittsville, WI go west 7.2 miles from the intersection of State Hwy. 73 and State Hwy. 80. Parcel is located on State Hwy. 73. Property Information: Acres: 120 +/- Cropland: 69 +/- Land to be put into production for 2018 spring planting. Legal: E2NW4 less the farmstead, SW4NE4 Section 28-23-2 in Cary Township of Wood County, Wisconsin Productivity Index: FSA PLC Corn yield 82 and FSA PLC Soybean yield 40 OWNER: Accola Family Trust Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday October 6, 2017. 2 - Written bid should be on an annual 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 and place designated by Pifer’s Auction & Realty. Oral bidding will be held the on October 9, 2017, time TBD 4 - Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before October 18th, 2017 along with a non-revocable letter of credit from their lending institution. Liability insurance is required to be carried. 5 – The bidder is bidding on a 3-year rental contract. The contract will begin in 2017 and terminate on December 31st, 2020. 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 Auction & Realty ATTN: Accola Lease, c/o Bob Panzer 1106 Mondovi Road #118 Eau Claire, WI 54701 Fax: 218.477.1969 bpanzer@pifers.com

WRITTEN BID LEASE - 1,024.62 +/- Acres - Stutsman County, ND

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WRITTEN BID LEASE - 1,024.62 +/- Acres - Stutsman County, ND

Auction Location:

Auction Note

WRITTEN BID SALE 1024.62 Crop Land Acres – Stutsman County, ND Friday, November 3rd, 2017 – 5:00 p.m. (CT) Written Bids Due: Friday, November 3rd, 2017 – before 5:00 pm (CT) Mail, Email or Fax Bids to: Pifer’s Corporate Office ATTN: Hofmann Land Lease, c/o Judy Nohrenberg 1506 29th Ave. S Moorhead, MN 56560 FAX: 218-477-1969 judy@pifers.com (bid forms are available to download above) Auction Note: Land will be 5 parcels and written bids will be accepted until 5:00 p.m. Friday, November 3, 2017. This property features 1,024.62 acres of cropland. Bidding is for 145.92 acres of hay land and 878.7 acres of cropland. This land is located within sections 8, 22, 27, 29 and 32 in Iosco Township of Stutsman County, North Dakota. It has excellent FSA crop base acres totaling 962.9 acres. Contact: Judy Nohrenberg at 701.269.1503, (judy@pifers.com) or Pifer’s Auction & Realty at 877.700.4099 for more information or a bid form (bid forms can also be downloaded above). Property Information: Parcel 1: Acres: 155 +/- Cropland: 145.92 +/- Mix grass for hay. Legal: SW¼ Section 8-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 29.1 Driving Directions: From Medina ND, drive north on County Road 67 to the intersection of 26th ST SE, turn west, drive ½ mile arriving at the SE corner of SW ¼ section 8-141-68. Parcel 2: Acres: 421 +/- Cropland: 359.41 +/- currently in grassland, tenant must prepare land for 2018 crop season. Legal: N½, SE¼ Section 29-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 58.0 Driving Directions: From Medina ND, drive north on County Road 67 to the intersection of 28th ST SE, turn west, arriving at the NE corner of N½ of Section 29-141-68. Parcel 3: Acres: 316 +/- Cropland: 197.08 +/- Legal: N½ Section 32-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 56.2 Driving Directions: From Medina ND, drive north 7 miles on County Road turn west, arriving at the SE corner of N½ Section 32-141-68. Parcel 4: Acres: 80 +/- Cropland: 74.16 +/- Legal: W½SW¼ Section 22-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 73.2 Driving Directions: From Medina ND, drive north on County Road 67 to the intersection of 28th ST SE, turn east drive one mile, arriving at the SW corner of W½SW¼ Section 22-141-68. Parcel 5: Acres: 321 +/- Cropland: 248.05 +/- currently in grassland, tenant must prepare land for 2018 crop season. Legal: S½ Section 27-141-68 in Iosco Township, Stutsman County, ND Productivity Index: 55.8 Driving Directions: From Medina ND, drive north on County Road 67 to the intersection of 28th ST SE, turn east, drive 1½ miles turn south on the field road, drive ½ mile arriving at the N quarter line of S½ Section 27-141-68. OWNERS: Janice Hofmann Trust, %Heartland Trust Company & Janice Hofmann Estate Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday November 3rd, 2017. 2 - Written bid should be on an annual 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 and place designated by Pifer’s Auction & Realty. Oral bidding will be held the on November 6th, 2017 at 10:00 am. 4 - Winning bid will receive a rental contract and will be required to return it to Pifer’s on or before November 13, 2017 along with a non-revocable letter of credit from their lending institution. Liability insurance is required to be carried. 5 - The bidder is bidding on a 5-year rental contract. The contract will begin on November 13, 2017 and terminate on December 31st, 2022. 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 Auction & Realty ATTN: Hofmann Land Lease, c/o Judy Nohrenberg 1506 29th Ave S. Moorhead, MN 56560 Fax: 218.477.1969 Judy@pifers.com

WRITTEN BID LEASE - 728.61 +/- Acres - Grand Forks County, ND

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WRITTEN BID LEASE - 728.61 +/- Acres - Grand Forks County, ND

Auction Location:

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

WRITTEN BID LEASE - 810.14 +/- Acres - Clay County, MN

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WRITTEN BID LEASE - 810.14 +/- Acres - Clay County, MN

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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

WRITTEN BID LEASE - 812.02 +/- Acres - Becker County, MN

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WRITTEN BID LEASE - 812.02 +/- Acres - Becker County, MN

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WRITTEN BID AUCTION 812.02 Cropland Acres - Becker 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: 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 4 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 10:00 a.m. (CT) by phone. Bidders may bid on one or more parcels or all parcels combined. This property features 812.02 acres of cropland with Soil Productivity Indexes between 80.5 to 89.4! 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: NE1/4SE1/4, SE1/4NE1/4 and S1/2NW1/4 Section 31-140-43 in Cuba Township, Becker County, MN and S1/2NW1/4 EX RWY & N1/2SW1/4 Less 9 AC Farmstead Section 32-140-43 in Cuba Township, Becker County, MN Cropland Acres: 255.96 +/- Productivity Index: 80.5 Driving Directions: From Lake Park drive west on Hwy 10 for approximately 3 miles to the intersection of Hwy 10 and 120th Ave. From the intersection, continue north approximately 1.5 miles. This will place you at the center of the properties on the E1/2 of Section of 31 and the W1/2 of Section 32. Parcel 2: Legal: S1/2SW1/4, NE1/4SW1/4 and SE1/4NW1/4 Section 24-140-43 in Cuba Township, Becker County, MN Cropland Acres: 140.21 +/- Productivity Index: 83.1 Driving Directions: From Lake Park take Co Rd 9 northeast for approximately 2.5 miles to the intersection of Co Rd 9 and 240th St. This will place you at the SW corner of the property. Parcel 3: Legal: W1/2 LESS 20 AC SW1/4SW1/4 Section 25-140-43 in Cuba Township, Becker County, MN Cropland Acres: 290.64 +/- Productivity Index: 82.9 Driving Directions: From Lake Park take Co Rd 9 northeast approximately 2 miles to the intersection of Co Rd 9 and 240th St. This will place you at the NW corner of the property. Parcel 4: Legal: S1/2SW1/4 LESS 14.36 AC Section 9-140-42 in Hamden Township, Becker County, MN and N1/2NW1/4 LESS 7.02 AC Section 16-140-42 in Hamden Township, Becker County, MN Cropland Acres: 125.21 +/- Productivity Index: 89.5 Driving Directions: From Lake Park take Co Rd 9 northeast approximately 4 miles to intersection of Co Rd 9 and 260th St. Proceed east 5 miles. This will place you at the center of the properties on the S1/2 of section 9 and the W1/2 of section 16. OWNER: Case Agricultural Properties, LP Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) 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 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 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 Land Lease, C/o: Paul Butenhoff 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 EMAIL: paulb@pifers.com

WRITTEN BID LEASE - 156.64 +/- Acres - Dickey County, ND

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WRITTEN BID LEASE - 156.64 +/- Acres - Dickey County, ND

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WRITTEN BID AUCTION 156.64 Cropland Acres – Dickey County, ND Friday, December 15, 2017 – 5:00 p.m. (CT) Written Bids Due: Friday, December 15, 2017 – before 5:00 p.m. (CT) Mail, Email or Fax Bids to: Pifer’s Auction & Realty ATTN: Darren Beaver 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: This land is a single parcel and written bids will be accepted until 5:00 p.m. (CT) on Friday, December 15, 2017. Bidding will be based on cropland acres. Highest written bids will have an opportunity to orally raise their bid on Monday, December 18, 2017 at 10:00 a.m. (CT) by phone. This property features 156.64 acres of cropland with a Soil Productivity Index of 64.8. 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). Driving Directions: From Fullerton, drive 4 miles north on 94th Ave. SE to the intersection of 82nd St. SE. From the intersection proceed west for 3 miles. This will place you at the NE corner of the property. Property Information: Legal: NE1/4 Section 30-132-62 in Porter Township, Dickey County, ND Cropland Acres: 156.64 +/- Productivity Index: 64.8 OWNER: Darren Beaver Bidding Procedure: All written bids must be received before 5:00 p.m. (CT) on Friday, December 15, 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 18, 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 22, 2017. Bidders are bidding on a 3-year lease agreement. The agreement will begin on January 1, 2018 and terminate on December 31, 2020. 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: Darren Beaver Land Lease, C/o: Paul Butenhoff 1506 29th Ave. S Moorhead, MN 56560 FAX: 218.477.1969 EMAIL: paulb@pifers.com

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