#1506 LaVerne Martin Estate Cindy Grass Martin, Owner 74 ACRES +/- ALBERT LEA TWP. LAND AUCTION Freeborn County, MN

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1 SATURDAY, OCTOBER 29, 2016 AT 10 A.M. 74 ACRES +/- ALBERT LEA TWP LAND AUCTION Freeborn County, MN #1506 LaVerne Martin Estate Cindy Grass Martin, Owner

2 Agricultural & Recreational Real Estate, Auctions and Farm Management GO-4-PROZ

3 CONTENTS 4 AUCTION DETAILS 6 CROP INFO 7 SOIL MAP 8 PERSONAL PROPERTY 13 TERMS & CONDITIONS 14 AGENTS 15 ABOUT US LandProz is proud to present The LaVerne Martin Estate Sale Cindy Grass Martin, Owner Date: Sat. October 29, 2016 Time: 10 a.m. Location & Driving Directions: : Take Albert Lea exit 11 off I-35. Go West for 1 mile on East Main Street. Turn left go South at Casey s Gas station (Prospect Ave) ¼ mile. Continue South on 767th Ave just over the tracks to the Auction site th Ave Albert Lea, MN Conger 4-H club will have lunch available. info@landproz.com CONTENTS 3

4 AUCTION DETAILS Google Maps 4 AUCTION DETAILS data 2016 Google 2000 ft Map GO-4-PROZ

Total Deeded Acres: 74 Total Cropland Acres: 65.

5 Total Deeded Acres: 74 Total Cropland Acres: Legal Description: 74 Acres +/- S ½ of Section 10 Albert Lea Township, Freeborn County, MN T-102-N R-21-W Latitude Longitude ACRES +/- AUCTIONEER S NOTES The Martin Farm is one of a kind! 74 Acres on the east side of Albert Lea. 1,500 feet of lake shore on the north side of Albert Lea Lake. What a great a place to build a home or homes overlooking the town and lake. Productive tillable & livestock potential, wildlife, hunting & bike trail all just minutes from town. Personal Property: This auction has farm machinery, TONS of stuff for sheep farmers and dairy farmers, farm antique/junk collectors, scrappers, and something for pretty much everyone! info@landproz.com AUCTION DETAILS 5

CROP INFO Deeded Acres: 74 PID: 080400210, 080500030 Legal Description: 74 Acres +/- S ½ of

83 CPI (Crop Productivity Index): 66.3 Corn Base Acres: 31.4 Corn PLC Yield: 155.

6 CROP INFO Deeded Acres: 74 PID: , Legal Description: 74 Acres +/- S ½ of Section 10 Albert Lea Township, Freeborn County, MN 2016 Taxes: $1, Cropland Acres: CPI (Crop Productivity Index): 66.3 Corn Base Acres: 31.4 Corn PLC Yield: bu Oats base: ACRES Oats PLC Yield: 54 bu Classification: NHEL w/ some HEL 6 CROP INFO GO-4-PROZ

Soil Map State: County: Location: Township: Minnesota Freeborn 10-102N-21W Albert Lea Acres: 66.35 Date: 9/26/2016 Soils data provided by USDA and NRCS.

0 to 2 percent slopes 12.52 18.9% IIw 93 1029 Pits, gravel 8.93 13.5% 0 106B Lester loam, 2 to 6 percent slopes 8.79 13.2% IIe *m 91 41B Estherville sandy loam, 2 to 6 percent slopes 7.29 11.

7 Soil Map State: County: Location: Township: Minnesota Freeborn N-21W Albert Lea Acres: Date: 9/26/2016 Soils data provided by USDA and NRCS. Area Symbol: MN047, Soil Area Version: 11 Code Soil Description Acres Percent of field PI Legend Non Irr Class *c Productivity Index Bromegrass alfalfa hay Corn Oat s Soybeans L83A Webster clay loam, 0 to 2 percent slopes % IIw Pits, gravel % 0 106B Lester loam, 2 to 6 percent slopes % IIe *m 91 41B Estherville sandy loam, 2 to 6 percent slopes % IIIs *m B Kilkenny clay loam, 2 to 6 percent slopes % IIe *m C2 Lester loam, 6 to 10 percent slopes, moderately eroded % IIIe *m 76 L84A Glencoe clay loam, 0 to 1 percent slopes % IIIw *m Hamel loam, 0 to 2 percent slopes % IIw D2 Lester loam, 10 to 16 percent slopes, moderately eroded % IVe *m Le Sueur loam, 1 to 3 percent slopes % Iw *m 97 27B Dickinson fine sandy loam, 2 to 6 percent slopes % IIIe D Estherville sandy loam, 12 to 18 percent slopes % VIe *m C Estherville sandy loam, 6 to 12 percent slopes % IVs *m B Lerdal silty clay loam, 2 to 6 percent slopes % IIe *m Aquents and Histosols, ponded % VIIIw *m B Lerdal silty clay loam, silty substratum, 2 to 10 percent slopes % IIIe *m D2 Lester Estherville complex, 12 to 18 percent slopes, eroded % IVe *m Weighted Average *m Area Symbol: MN047, Soil Area Version: 11 info@landproz.com SOIL MAP 7

PERSONAL PROPERTY To be Auctioned after Land by Jensen Auction and

4-30 5130 Hrs AC WD-45 Wide Front w/ loader 14.

w/ seeder JD 4 row wide planter 500 Kewanee Elevator Auger wagons

discs Large 30 drag 4 row stalk chopper 310 New Holland baler 3 pt

8 PERSONAL PROPERTY To be Auctioned after Land by Jensen Auction and JJ Wise Auctioneering Farm Equipment AC 185 Diesel Hrs AC WD-45 Wide Front w/ loader New Holland Haybine AC 4 row cultivator MM 12 grain drill w/ seeder JD 4 row wide planter 500 Kewanee Elevator Auger wagons MM 1210 Mod E w/ Power rake New Idea wide 2 row corn picker 2 small discs Large 30 drag 4 row stalk chopper 310 New Holland baler 3 pt grader blade Chisel plow Tractor duals Gehl Silage blower Wire corn cribs 3 pt. livestock carrier Bale Conveyor 4 barge boxes MN gravity wagon Diesel Barrel w/ stand Gas barrel w/ stand 2 wheel trailer 8 PERSONAL PROPERTY GO-4-PROZ

912 AC Lawn Mower w/ tiller cultivator Power tools Welder 2 air

Wagon tires Rims Many, many gates Lanterns Plastic 5 gal pails Feed

old and antique tools Antique Barn Beam Drill Wagon Wheels Wooden

table Movable Sheds Wheel Barrows Concrete mixer Band Saw Wood &

9 912 AC Lawn Mower w/ tiller cultivator Power tools Welder 2 air compressors Pressure washer Tire changer Hay racks Tractor tires Wagon tires Rims Many, many gates Lanterns Plastic 5 gal pails Feed cart Many metal bushel baskets Tools 2 knipco heaters Tool boxes Many old and antique tools Antique Barn Beam Drill Wagon Wheels Wooden pallets 4 dog houses Shop Vac Nuts & Bolts Lumber Stainless Steel table Movable Sheds Wheel Barrows Concrete mixer Band Saw Wood & Steel Hog feeders Porta Huts Concrete blocks and tiles info@landproz.com PERSONAL PROPERTY 9

Vehicles 1974 Ford 150, 2WD Hawes Topper 1964 Ford Galaxie, 4 door 1979 Grand Prix, 2 door,

Dairy Stainless Steel pipeline Acorn barn cleaner Stainless Steel Bulk tank 500 Gal Milkers

down cows Calf puller Portable generator Stanchions & other iron Cattle feeders Round bale

Sheep feeders Grafting Pens Show boxes 2 LB white heater Feeders & waterers Blocking Stands

10 Vehicles 1974 Ford 150, 2WD Hawes Topper 1964 Ford Galaxie, 4 door 1979 Grand Prix, 2 door, hard top 1990 Buick LeSabre, 4 door, 67,000 mi. Dairy Stainless Steel pipeline Acorn barn cleaner Stainless Steel Bulk tank 500 Gal Milkers (universal) Water Heater Compressor for Milk Machines Electric motors Compressor milker for down cows Calf puller Portable generator Stanchions & other iron Cattle feeders Round bale feeders Sheep Equipment Parer heep hoof trimmer psi Air compressor run Tip chute Sheep feeders Grafting Pens Show boxes 2 LB white heater Feeders & waterers Blocking Stands Orange Mineral feeders Coated Expanded Metal flooring Many tools for vaccinations, castrations, etc. 10 PERSONAL PROPERTY GO-4-PROZ

Sheep Halters Sheep Blankets Sheep Magazines Files of Sheep info

washer and dryer (4 years old) Frigidaire Fridge (6 years old) Whirlpool

caps Round Maple table with chairs Maple record player King size brass

Cupboards Window Air Conditioner Dishes Serving Dishes Pots and pans

11 Sheep Halters Sheep Blankets Sheep Magazines Files of Sheep info Household Oak Hutch Davenport w/bed in Multiple chests of drawers Maytag washer and dryer (4 years old) Frigidaire Fridge (6 years old) Whirlpool stove Hotpoint upright freezer Oster microwave Many mittens, gloves, and caps Round Maple table with chairs Maple record player King size brass headboard Toy Horses Toy horse - 2-horse hitches and 8-horse hitches Cupboards Window Air Conditioner Dishes Serving Dishes Pots and pans Cedar Chest Queen Waterbed Frame Several Chests info@landproz.com PERSONAL PROPERTY 11

12 12 PERSONAL PROPERTY GO-4-PROZ

13 Terms & Conditions SELLER: Cindy Grass Martin METHOD OF SALE: Bidding will be $/deeded acre unless otherwise indicated by the auctioneer. Deeded acres may change because of survey or other factors, in which case the total sales price will then be adjusted to reflect that. Seller reserves the right to accept or reject any and all bids. The auction company and seller reserve the right to preclude any person from bidding if there is any concern as to a person s credentials or fitness to bid or enter into a contract. AGENCY LandProz Real Estate LLC and its Agents represent the seller. TAXES Buyer will pay taxes due in 2017 and thereafter. CONDITIONS This sale is subject to all easements, restrictions of record, covenants, and leases. Each bidder is responsible for conducting their own inquires and due diligence efforts at their own risk concerning the subject property. All property is sold AS IS WHERE IS with no warranties. CONTRACTS AND TITLE Immediately upon the conclusion of the auction, the highest/winning bidder(s) will enter into a real estate contract/ purchase agreement and provide funds for earnest money to be deposited with the real estate and auction Company. Seller will provide an updated abstract and clear title at their expense. Sale is not contingent upon buyer(s) financing. TERMS & POSSESSION $30,000 (nonrefundable) down the day of the sale. Balance due on or about Dec. 15, % Buyer s Fee will apply. Any Statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy. Buyer will receive possession as soon as the present tenants crops are out for fall field work. Any Statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy. Personal property: Cash the day of sale. Checks accepted with proper identification. info@landproz.com TERMS & CONDITIONS 13

For more information on the LaVerne Martin Estate Contact your LandProz Agent Greg Jensen LAND BROKER /

com Farmland Auction Specialist Including Investments, Estates, & 1031 Tax Deferred Exchanges - Sold over 150,000

Iowa Phone: 507-383-1402 odeanjerdee@landproz.

14 For more information on the LaVerne Martin Estate Contact your LandProz Agent Greg Jensen LAND BROKER / AUCTIONEER Licensed in Minnesota and Iowa Phone: gregjensen@landproz.com Farmland Auction Specialist Including Investments, Estates, & 1031 Tax Deferred Exchanges - Sold over 150,000 Acres of Land in MN & IA 40+ Years in Land Real Estate Sales Odean Jerdee LAND AGENT Licensed in Minnesota and Iowa Phone: odeanjerdee@landproz.com Farmland Specialist Including Investments, Estates, & 1031 Tax Deferred Exchanges Farmed for over 40 Years Soil Rating & Drainage Expert 20+ Years in Land Real Estate Sales Resides in Hayward, MN 14 AGENTS GO-4-PROZ

The LandProz Team is headed by its Primary Broker and Auctioneer, Greg Jensen, who has been in the farm sales business since 1971.

15 At LandProz, our team consists of land owners, farmers, hunters, and conservationists. So, I guess you could say we practice what we preach. Land has been good to so many of us, and we believe this is why our agents connect so well with all of our clients! The LandProz Team is headed by its Primary Broker and Auctioneer, Greg Jensen, who has been in the farm sales business since Alone he has sold more than 150,000 acres in the Midwest during his career. Each one of our Land Specialists was hand selected because of their knowledge and expertise in the Agricultural & Recreational Land Industry. Agricultural & Recreational Real Estate Farm Management Land Auctions Investment Properties info@landproz.com OUR COMPANY 15

Lea, MN VIEW ALL PROPERTIES LISTED AT.COM Info@landproz.

16 AUCTION DATE SAT. OCTOBER 29, 2016 // TIME 10AM Held at Farm Site th Ave Albert Lea, MN VIEW ALL PROPERTIES LISTED AT.COM / GO-4-PROZ Broker Greg Jensen Licensed in Minnesota and Iowa LandProz Real Estate, LLC 111 East Clark Street, Albert Lea, MN 56007

160 +/- Acres, 3 Tracts, Lincoln County, SD Acreage, Farmland, Pasture, Machinery. LeRena Ostrem Estate Thursday October 4 th, 2018

160 +/- Acres, 3 Tracts, Lincoln County, SD Acreage, Farmland, Pasture, Machinery LeRena Ostrem Estate Thursday October 4 th, 2018 Sale Time: 10:00 AM Machinery Auction to take place after Land Auction