Herdt Farm. Richland County, Montana & McKenzie County, North Dakota

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Herdt Farm Richland County, Montana & McKenzie County, North Dakota Over 200 acres of flood irrigated cropland in Northeastern Richland County & Northwestern McKenzie County. 1 P age Herdt Farm

LEGAL DESCRIPTION Following is the legal description of the deeded lands being offered for sale. The acreages shown are the assessed acres and were verified with County records. Richland County, Montana Township 26 North, Range 59 East Section 24: S1/2SW1/4 Section 25: N1/2NW1/4 McKenzie County, North Dakota Township 155 North, Range 104 West Section 7: Lot 5 Section 18: Lot 2 Total Deeded Land 64.82 AC 105.18 AC 35.9 AC +/- 205.9 AC LEASES Cropland: The cropland is currently subject to an annual Farm Lease Agreement. Details of this agreement will be provided to qualified parties subject to a non-disclosure agreement. Farmyard and Residence: The Farmyard and Residence has been continually rented for the last ten years. As of July 2017 they are available for lease should a potential buyer choose. Location: PROPERTY DESCRIPTION The Herdt Farm property is located 9 miles North of Fairview, MT via north on State Highway 58 for almost 6.8 miles then west on 147 county road for 1 mile, then north on County Road 356 for 1/2 mile. Property is located on the west and east side of county road 356 along the state line of Montana and North Dakota. State and county location maps are shown in the last few pages of this package. Markets: Sugar beet market is Located in Sidney, Montana with pile yard in East Fairview, North Dakota Grain markets are located at Wolf Point, Sidney, Culbertson and Glendive, Montana. Livestock auction markets are located at Sidney, Montana, Williston, North Dakota and Miles City, Montana. 2 Page Herdt Farm

Community Facilities: School for grades K-12 is located in Fairview. School bus service is available. Medical facilities, including a hospital, are located Sidney. Major medical services are located in Billings, Montana or Williston, North Dakota. Most supplies are purchased in Sidney, Montana or in Williston, North Dakota. Climate: The average annual precipitation, according to precipitation maps is approximately 14.31 inches. The average precipitation for April 1 to September 31 is 10.84 inches. The frost free period is an average of 125 days. Farm Operation: The subject property has historically been operated as a sugar beet / small grains farm. Land Use: The land current use as a whole is for sugar beet and small grains production. Irrigated land Roads & Waste Farmyard & Residence Total Deeded Land 193 Ac 8 Ac 5 Ac +/- 206 Ac Flood Plain: There can be some occasional flooding of land, typically closer to the Missouri River. This flooding is generally due to river water backing up from ice jams forming in the spring in either the Yellowstone River or the Missouri. Accessibility: The Herdt Farm is accessed from county gravel road 147. Field road take you throughout the interior of the property. These roads are in good condition and cropland is easily accessible. Access to the property is good for harvest trucks and machinery. 3 Page Herdt Farm

County Road 356 looking North at Fort Union Water: Irrigation water is provided by the Lower Yellowstone Irrigation Project (LYIP). An extensive system of ditches distributes water throughout the property. The water is well distributed. Water taxes are included in the annual property tax statements. Water at the farm house is provided by a well located in the farmyard, which is reported to be of good quality. 4 P age Herdt Farm

Sugar beets planted in Section 24 Beets Planted in Sections 7 and 18 5 Page Herdt Farm www.nickjonesre.com (406) 433-4445

Grain planted in Section 25 Sugar beets planted in Section 24 6 P age Herdt Farm

Hazards and Detriments: The main hazards in the area of the subject property consist of normal climate problems such as frost, severe winters and drought. Hail also can be a problem. These hazards are normal for this area of Montana and North Dakota. Zoning and Mineral Rights: land. There are no zoning ordinances in the area and the property is classified as agriculture No mineral rights are being offered for sale with the property. Utilities: There is electricity service at the farmyard. Waste disposal is by a septic system which is reported to have been recently updated. The system is reported to be in working order. House is heated by propane. Real Estate Taxes: The Montana real estate taxes for the property in 2016 were $8,277.91 The North Dakota real estate taxes for 2016 were $1,031.28. IMPROVEMENT DESCRIPTION FARM HOUSE: Built 1967, effective year 1980, main floor 864 sq. ft. Frame construction, concrete foundation, asphalt shingle covered roof, furnace, 2 bedrooms, 1 full bath. POLE BARN: Built 1992, 1,056 sq. ft., pole construction, wood siding and metal roof covering, dirt floor, electricity. GRAIN BIN: 1,000 bushels total (estimated) steel construction. 7 Page Herdt Farm

Residence and Farmyard Pole Barn and Grain Bin 8 P age Herdt Farm

View of the Farm House looking southeast PRICE / CONDITIONS $700,000 All offers shall be in writing and accompanied by an earnest money deposit in the minimum amount of 5% of the offering price. Seller will provide financing via Contract for Deed for $350,000 to allow for a combination of financing options. All information deemed reliable but not guaranteed and should be independently verified. All offerings are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Nick Jones Real Estate, LLC, or the Sellers shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 9 P age Herdt Farm

For Additional information or to schedule a showing, please contact: Justin N. Jones Broker / Owner - Listing Broker Cell (406) 480-9525 Justin@NickJonesRE.com Licensed in MT & ND Or Contact of any of Nick Jones Real Estate Associates: Jerrian Franzen Broker Associate Cell (406) 480-3773 Jerrian@NickJonesRE.com Licensed in MT & ND Kristin Larson Sales Associate Cell (406) 480-5139 ksondeno@cs.com Licensed in MT Dennis Wick Sales Associate Cell (406) 480-1550 Dennis@NickJonesRE.com Licensed in MT & ND Terran Hillesland Sales Associate Cell (406) 480-0129 Terran@NickJonesRE.com Licensed in MT 10 Page Herdt Farm

MAP 11 Page Herdt Farm

RICHLAND COUNTY, MONTANA 12 Page Herdt Farm