Chippewa Co Farmland – Online Only Auction – 162.68 Surveyed Acres of Farmland in Havelock Twp – Bidding Opens November 4th, 2024 at 8 AM

Chippewa Co Farmland – Online Only Timed Auction

Bidding Opens Monday, November 4th, 2024 at 8 AM

Bidding Closes Tuesday, November 12th, 2024 at 2 PM

162.68 Surveyed Acres, 150.07+/- Tillable (FSA) Acres, 4.13 CRP Acres, CPI=94.7, located in the SE1/4 of Section 20 of Havelock Twp, Chippewa Co.

Legal Description:  The SE1/4 of Section 20, Twp 118, Range 39, Havelock Twp, Chippewa County (PID #05-020-4000)

Land Location:  Between Clara City & Montevideo: At the intersection of Highway 7 & County Road 6 (1st Ave SE), go north on County Road 6 for four miles, turn east onto 10th St SE, go 0.5
miles to SW corner of the land.

• 150.07+/- Tillable (FSA) Acres
• 4.13 CRP Acres- CRP Contract Will Be Assumed By The Buyer
• This Farm Has Tile & an Outlet for Drainage
• Productive Farm with a CPI=94.7
• This Land Has Been Surveyed

There is a lease on the farm for 2025. The new buyer will assume the lease, and payment in the amount of $325 per tillable acre will go to the new buyer. The new buyer will be able to farm the
land in 2026 and after.

Lloyd & Frances Priebe Farm; Priebe Family, Owners

Auctioneer’s Notes: We are honored to present the Priebe Family Farmland for sale by auction. It’s not often that land of this quality comes to the open market. This land has tile, drains well
& has an outlet. With a CPI of 94.7, you can be sure that this farm will produce very well. The Priebe Family has treasured this land for over 50 years. Here’s your chance to add prime tillable
acres to your farming operation or investment portfolio. This will be an online only auction with bidding opening on Monday, November 4th at 8 AM. Bidding will close on Tuesday, November
12th at 2:00 PM. You will not want to miss this auction! Go to FladeboeLand.com to watch the drone video, view aerial photos and review the farm informational packet. Questions? Call or
text Kristine at 320-212-9379 or email her at Kristine@FladeboeLand.com or Glen at 651-208-3262 or email him at Glen@FladeboeLand.com.

Auction Terms: The successful bidder will pay down $75,000 as earnest money on auction day in the form of a cashier’s check. The non-refundable check should be made out to Fladeboe Land Trust Account. The successful bidder will enter into a non-contingent, AS-IS purchase agreement on auction day. Buyer’s premium will apply. Final price will be calculated by the number of deeded acres as per the survey. There is a lease on the farm for 2025. The new buyer will assume the lease, and payment in the amount of $325 per tillable acre will go to the new buyer. The new buyer will be able to farm the land in 2026 and after. Closing will be executed on or before December 27th, 2024, with attorney Spencer Kvam in Granite Falls, MN. Announcements made in the bidding terms prior to the auction take precedence over other printed material. For info packet call or text Kristine at 320-212-9379 or email her at Kristine@FladeboeLand.com or Glen at 651-208-3262 or email him at Glen@FladeboeLand.com.