AUCTION DETAILS Traill County, ND Land Auction 954.86 Acres M/L Friday - February 17th, 2023 Time: 10:00 A.M. Sellers: Ann Ewen Edwards, Beth Ewen Amann and Mark Ewen Auction Location: Norsemen Hall, 1100 Parke Ave, Portland, ND 58274 Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com. Potential bidders may have access to the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform. Auction Method: The 954.86 acres m/l will be offered via Public Auction and will take place at 10:00 AM on February 17, 2023. All farmland tracts will be sold on a per-acre basis and will be offered through the "Buyer's Choice Auction Method", whereas the winning bidder may elect to take, in any order, one or all of the tracts for their high bid. The "Buyer's Choice Auction Method" auctioning will continue until all farmland tracts have been purchased and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction. This auction can also be viewed through a Virtual Online Auction option and online bidding will be available. Tract 1: 158.75 Acres M/L with 158.75 tillable acres carrying a Productivity Index of 83.9. Tract 2: 157.27 Acres M/L with 157.27 tillable acres carrying a Productivity Index of 83.7. Tract 3: 160.77 Acres M/L with 160.17 tillable acres carrying a Productivity Index of 86.5. Tract 4: 160.07 Acres M/L with 160.07 tillable acres carrying a Productivity Index of 89.3. Tract 5: 158.00 Acres M/L with 158.00 tillable acres carrying a Productivity Index of 85.9. Tract 6: 160.00 Acres M/L with 156.23 tillable acres carrying a Productivity Index of 85.9. Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Farm Program Information: Farm Program Information is provided by the Traill County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Traill County FSA and NRCS offices. Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of cash or check. All funds will be held in The Title Company's Trust Account. Closing: Closing will occur on or before April 3, 2023 on all Tracts. The balance of the purchase price will be payable at closing in the form of cash, guaranteed check, or wire transfer. Closing Attorney: Closing will be overseen by The Title Company Possession: Possession of the land will be given at Closing Farm Lease: The farm is open for the 2023 crop year. Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary. Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with The Title Company the required earnest money payment. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing. Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final. Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from the figures stated within the marketing material. The buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the abstract. Seller's Rights: Sellers will reserve the right to refuse any and all bids.
Traill County, North Dakota Farmland Auction - Mark your calendar for Friday, February 17th, 2023 at 10:00 AM!! Peoples Company is honored to represent Ann Ewen Edwards, Beth Ewen Amann, and Mark Ewen in the sale of 954.86 acres m/l of prime Traill County, North Dakota farmland. The six tracts are all located southeast of Mayville, ND, and offer highly productive cropland that is suitable for any farming operation or investment portfolio. Some of this land has been in the Ewen Family for over 70 years, making it truly a once in a lifetime opportunity to own these parcels. Better yet, these farms are available for the 2023 crop season! There are several delivery points within 25 miles of the farmland: May-Port Farrmers Co-Op, Alton Terminal, SRS Commodities, Clifford Farmers Co-Op and Taft Elevator. The farmland will be sold in six (6) tracts using the "Buyer's Choice" auction method. Tract 1: 158.75 Acres M/L with 158.75 tillable acres carrying a Productivity Index of 83.9 Tract 2: 157.27 Acres M/L with 157.27 tillable acres carrying a Productivity Index of 83.7 Tract 3: 160.77 Acres M/L with 160.17 tillable acres carrying a Productivity Index of 86.5 Tract 4: 160.07 Acres M/L with 160.07 tillable acres carrying a Productivity Index of 89.3 Tract 5: 158.00 Acres M/L with 158.00 tillable acres carrying a Productivity Index of 85.9 Tract 6: 160.00 Acres M/L with 156.23 tillable acres carrying a Productivity Index of 85.9 Improvements Tract 1 has drain tile on the north 10 acres m/l and the east 10 acres m/l.7 Tract 2 has drain tile on the entire tract. All Tracts have had surface ditching done to maintain and improve drainage All tracts have had surface ditching done to maintain and improve drainage