Pifer s /- Acres Grand Forks County, ND. Written Bid. Land For Lease. WRITTEN BIDS DUE BEFORE: Friday, December 1, :00 p.m.

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1 /- Acres Grand Forks County, ND Written Bid Land For Lease WRITTEN BIDS DUE BEFORE: Friday, December 1, :00 p.m. OWNERS: Kevin & Arlene Knudson

2 General Information 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, 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. 2 24th Ave. NE 3 Driving Directions Parcel 1: From Larimore, ND, drive north on Highway 18 for approximately 6 miles. The property is located on the intersection of Highway 18 and 22nd Ave. NE. 22nd Ave. NE 1 36th St. NE 35th St. NE 23rd Ave. NE Parcel 2: From Larimore, ND, drive north on Highway 18 for approximately 6 miles. 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. 18 Parcel 3: From Larimore, ND, drive north on Highway 18 for approximately 6 miles. 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 35th St. NE. Larimore, ND Contact: Paul Butenhoff Cell: paulb@pifers.com th Ave S. - Moorhead, MN 56560

3 Property Overview This property features acres of cropland with Soil Productivity Index between 62.5 to 85.5!

4 General Parcel 1 Information Acres: /- Cropland: /- Legal: SE1/4 Section in Elm Grove Township, Grand Forks County, ND Code Soil Description Acres Percent of field Non-Irr Class *c th Ave S. - Moorhead, MN Productivity Index G144B Barnes-Buse loams, 3 to 6 percent slopes % IIIe 69 I365B Arvilla sandy loam, 0 to 6 percent slopes % IIIe 41 I163A Inkster sandy loam, 0 to 2 percent slopes % IIIe 73 G147F Buse-Barnes-Darnen loams, 9 to 35 percent slopes % VIIe 33 I594A LaDelle silt loam, 0 to 2 percent slopes, occasionally flooded % IIc 95 I400A Gilby loam, 0 to 2 percent slopes % IIe 78 I312A Wyndmere fine sandy loam, 0 to 2 percent slopes % IIIe 66 I147B Velva sandy loam, moist, 0 to 6 percent slopes, occasionally flooded % IIIe 58 Weighted Average 62.6

5 Parcel 2 Acres: /- Cropland: /- Legal: N1/2 & SW1/4 Section in Hegton Township, Grand Forks County, ND Code Soil Description Acres Percent of field Non-Irr Class *c Productivity Index I156A Antler silt loam, 0 to 2 percent slopes % IIe 83 I413A Lankin loam, 0 to 2 percent slopes % IIc 91 I411A Winger loam, 0 to 1 percent slopes % IIw 69 I309A Arveson loam, 0 to 1 percent slopes % IIw 60 Weighted Average 85.1 auctions@pifers.com

6 General Parcel 3 Information Acres: /- Cropland: /- Legal: NW1/4 Section in Hegton Township, Grand Forks County, ND Code Soil Description Acres Percent of field Non-Irr Class *c Productivity Index I156A Antler silt loam, 0 to 2 percent slopes % IIe 83 I413A Lankin loam, 0 to 2 percent slopes % IIc 91 Weighted Average th Ave S. - Moorhead, MN 56560

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8 Land Lease Grand Forks County Bidder Form PROSPECTIVE BIDDERS MUST READ THIS IMPORTANT INFORMATION! Bidding Procedure and Terms/Conditions Bidding Procedure: 1 - All written bids must be received before 5:00 p.m. on Friday, December 1, 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 Land Management. Oral bidding will be held on Monday, December 4, 2017 at 10:00 a.m. (CT). 4 - 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. 5 - Winning bidder will (upon Landowner acceptance) receive a lease agreement and will be required to return a signed copy to on or before December 11, Bidders are bidding on a 2 year lease agreement. The agreement will begin on January 1, 2018 and terminate on December 31, The Landowner reserves the right to reject or accept any and all bids. 8 - All statements made the day of the Oral Bidding take precedence over all printed materials. TEAR/CUT HERE Mail, or Fax this Bid Form to: Land Management ATTN: Kevin Knudson Land Lease, c/o Paul Butenhoff th Ave S. Moorhead, MN Fax: paulb@pifers.com Parcel Parcel 1: /- Acres Parcel 2: /- Acres Parcel 3: /- Acres $ Per Acre Name: Address: City: State: Zip Phone: I understand & agree to all the terms & conditions for this sale. Signature: Paul Butenhoff