Transport Auction Guide

208 ACRES OF GOOD BARE CROP LAND IN RICE CO. MN. 116.5 ACRES IN ERIN TWP & 92.24 ACRES IN WELLS TWP. ALL IN RICE CO. MN. RURAL FARIBAULT, MN.  SELLING IN 3 SEPARATE PARCELS.

THE CARLANDERS SHALL OFFER 2 VERY GOOD FARMS IN 3 SEPARATE PARCELS AT PUBLIC AUCTION

AUCTION LOCATION: 530 WILLOW AVE FARIBAULT, MN 55021 (THE FARIBAULT CHAMBER OFFICE)

FRIDAY September 10^TH, 2010

10:00 A.M.

“GOOD RICE CO. MN. FARMLAND”

TO BE OFFERED IN 3 SEPARATE PARCELS

PARCEL 1

** 92.46+/- ACRES OF BARE CROPLAND PART OF THE W ½ OF THE SW ¼ OF SECTION 28, WELLS TWP RICE CO. MN.**

~ AREA: 92.46+/- ACRES WITH APPROX. 78+/- ACRES OF CROPLAND

~ RICE CO. F.S.A. REPORT FARM #1702 TRACT #2235 AND FARM #4928 : 78 ACRES OF CROPLAND, 23.80 CORN BASE W/CC YIELD OF 116, 12.1 SOYBEAN BASE W/CC YIELD OF 27, 4.2 WHEAT BASE W/CC YIELD OF 37

~ C.R.P. 27.80 ACRES: 20.1 ACRES WITH A PAYMENT OF $1487 WHICH EXPIRES IN 9/30/2018 AND 7.7 ACRES WITH A PAYMENT OF $826 WHICH EXPIRES IN 9/30/2017

~ MAJOR SOILS: ANGUS LOAM, HAMEL LOAM, LESTER LOAM

~ CURRENTLY THERE ARE A FEW ACRES IN PASTURE WITH FENCE

~ THIS FARM WOULD MAKE A GREAT ADDITION TO ANY FARM OPERATION

PARCEL 2

** 86.5+/- ACRES OF BARE CROPLAND PART OF SECTION 35 ERIN TWP RICE CO. MN.**

~AREA: 86.5+/- ACRES

~ RICE CO. F.S.A. REPORT: 33.3 ACRES OF CROPLAND, 29.7 ACRES CORN BASE W/128 CC YIELD, 3.6 SOYBEAN BASE W/33 CC YIELD

~ RICE CO. PLANNING INDICATES 2 BUILDING ENTITLEMENTS ON SAID PARCEL

~ GOOD HUNTING AND CLOSE TO SHIELDS LAKE

~ ZONED: AG NON-HOMESTEAD, HST. RUR. VAC. LAND

PARCEL 3

** 30+/- ACRES OF BARE CROPLAND IN PART OF SECTION 35 ERIN TWP RICE CO. MN. **

~ AREA: 30+/- ACRES

~ RICE CO. F.S.A. REPORT: 22.13 ACRES CROPLAND, 7.27 ACRES OF C.R.P., 14.5 CORN BASE W/128 CC YIELD. C.R.P. PAYMENT OF $746 WHICH EXPIRES 9/30/2018

~ THIS PARCEL WOULD MAKE A GREAT ADDITION TO PARCEL 2 OR A GREAT STAND ALONE PARCEL WITH INCOME FROM CROPLAND RENTS AND C.R.P. PAYMENT AND GOOD HUNTING

~ CALL FOR INFORMATION PACKET OR STOP BY ANY OF THESE 3 GOOD PARCELS AND WALK AROUND TO INSPECT FOR YOURSELF

TERMS: $10,000 DOWN THE DAY OF AUCTION PER PARCEL WHICH IS NONREFUNDABLE IF BUYER FAILS TO CLOSE AND PAY SELLER IN FULL. THE BALANCE IS DUE AND PAYABLE IN FULL TO THE SELLER ON OR BEFORE OCTOBER 25, 2010 AT WHICH TIME THE BUYER SHALL RECEIVE A MARKETABLE TITLE. ALL REAL ESTATE TAXES DUE IN 2010 SHALL BE PRORATED TO DATE OF CLOSING. ALL PARCELS SHALL SELL AS-IS WITH NO REPRESENTATION BY SELLER OR ANY OF THEIR AGENTS. A 5% BUYERS FEE APPLIES TO THIS REAL ESTATE AUCTION. THIS 5% BUYERS FEE SHALL BE ADDED ABOVE AND BEYOND THE FINAL BID PRICE TO EQUAL FULL PURCHASE CONTRACT PRICE. ALL BIDDER(S)/BUYER(S) SHALL HAVE THEIR FINANCES IN ORDER.

RICE COUNTY ABSTRACT HANDLING ALL CLOSINGS FOR SELLER

JOHN R. CARLANDER, SELLER

MATT MARING AUCTION CO. INC.

MATT MARING, LIC.#25-28

KEVIN MARING, LIC.#25-70

~ 1-507-789-5421 ~

~ 1-800-801-4502 ~

CHARLIE SINNWELL, LIC.#20-01