All bidders must register their name, address, and telephone number in order to receive a bidding number.

Auction staff will be at the sale site approximately one hour prior to sale time.  The successful bidder will be required to sign an Earnest Money Receipt and Purchase Agreement at the close of the real estate auction. 
A total deposit of 10% of the purchase price will be required.  Those funds will be placed in the Steffes Group Auction Trust Account as good faith money until closing.

Purchasers who are unable to close because of insufficient funds will be in default and the deposit money will be forfeited.

Balance of the purchase price must be paid in full with cashier’s check at closing on or before Friday, May 6, 2022.

Seller will provide up-to-date date abstracts at their expense and will convey property by Warranty Deed.

Prior to closing, SELLER at SELLER’S expense and election shall furnish to Buyer either: (i) an abstract of title updated to a current date, or (ii) an ALTA title insurance commitment for an owner’s policy of title insurance in the amount of the purchase price. Seller shall provide good and marketable title. Zoning ordinances, building and use restrictions and reservations in federal patents and state deeds, existing tenancies, easements and public roads shall not be deemed encumbrances or defects

2022 Taxes to be paid by the BUYER. Subsequent taxes and or special assessments, if any, to be paid by buyer. Real Estate Taxes are subject to reassessment under new owner.

Closing Agent Fee will be shared equally between Buyer and Seller.

Please note the bidding will not close and property will not be sold until everyone has had the opportunity to make his or her highest and best bid.

The auction sale is for registered bidders and their guests.  All bidding is open to the public and the property is offered for sale to qualified purchasers without regard to sex, race, color, religion, natural origin, or handicap.

THE PROPERTY WILL BE SOLD AS IS WITH NO WARRANTIES EXPRESSED OR IMPLIED.

THE PROPERTY WILL BE SOLD SUBJECT TO OWNER CONFIRMATION.

PROPERTY SOLD WITHOUT WARRANTY
All dimensions and descriptions are approximations only based upon the best information available and are subject to possible variation.  Sketches may not be drawn to scale and photographs may not depict the current condition of the property. Bidders should inspect the property and review all the pertinent documents and information available, as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker or Auctioneer, their Employees or Agents. The property will be sold AS IS and without any warranties or representations, express or implied.

SUCCESSFUL BIDDER
The successful bidder of the property shall be determined by competitive bidding. Should any dispute arise between bidders, the auctioneer shall have the right to make the final decision to either determine the successful bidder or to re-offer the property that is in dispute.  The auction will be recorded and the auctioneer’s records shall be conclusive in all respects.

CLOSING
The successful bidder will be required, at  the close of the auction, to complete the Earnest Money Receipt and Purchase Agreement.  A sample contract is included in this Prospectus.  Balance of the purchase price must be paid in full at closing. Closing will take place at a professional closing company mutually agreeable to both Buyer & Seller.

SELLER’S PERFORMANCE
The Seller has agreed to the terms of the sale as published.  However, the Broker and Auctioneer make no warranties or guarantees as to the Seller’s performance.

AGENCY DISCLOSURE
Steffes Group, Inc. is representing the Seller.

POSSESSION
Possession will be at closing unless otherwise agreed to in writing and agreeable by buyer and seller.

MINERAL RIGHTS
All mineral rights, if any, held by Seller will be transferred upon closing.  However, the Seller does not warrant the amount or adequacy of the mineral rights.

ENVIRONMENTAL DISCLAIMER
The Seller, Broker and Auctioneers do not warrant with respect to the existence or nonexistence of any pollutants, contaminants or hazardous waste prohibited by federal, state or local law.  Buyer is responsible for inspection of the property prior to purchase for conditions including but not limited to water quality, and environmental conditions that may affect the usability or value of the property.  No warranties are made as to the existence or nonexistence of water wells on the property, or the condition of any wells.

EASEMENTS AND SURVEY
The property to be sold is subject to any restrictive covenants or easements of record and any results that an accurate survey may show.  

BIDDING PROCEDURE
As a buyer you have two objectives to accomplish:

Purchasing the property.

Purchasing the property at a price you can afford.

How is this accomplished?

Estimate comparative value.

Experienced buyers always decide what to pay before the bidding begins.

Inspect the property carefully. 

Compare with other properties available in the area. 

Check the selling price of previously sold properties.

Discuss your buying plans with a lender.  Have your financing arrangements made in advance.  

This sale is not subject to financing.

AVOID OVER OR UNDER BIDDING

Always bid on a property toward a price.  

Establish that price before the bidding begins.  By doing this you will avoid getting caught up in the auction excitement and pay a price that is too high for the market or one that you cannot afford.  It will also make you confident to bid to your established fair market value.  Many bidders who do not plan ahead end up with regrets after the auction because they were too nervous or uncertain about their judgment to bid.

THE BIDDING STRATEGY

Research and know the value of the property.

Have your financing arranged before the auction.

Establish your highest and best bid before the bidding begins.

Make your bids promptly to force other bidders up or out without delay.

DUNN COUNTY, ND LAND AUCTION
1,224+ ACRES

Land Located: From Richardton, ND, north 22 miles to 15th St SW, 4.5 miles east to 83rd Ave SW. Tract 1 & 2 follow 83rd Ave SW north to 12th St SW, 4.5 miles west to Hwy 8, north on Hwy 200, past Halliday 7 miles then south to 8th St SW, east 1 mile

AUCTIONEER’S NOTE:  This auction sale includes over 1,200 acres of productive accessible farmland.  All of this land is available to farm for the 2022 growing season!  Hunters, looking for a tract of land to hunt with great income potential? Take a look at Tract 4. Tracts 1-8 will be sold choice with the privilege. Tract 9 features a 45,000 bu. grain bin and will be sold lump sum. Please join us live in person or virtually online for this opportunity to buy a portion of, or all this land!

TUESDAY, MARCH 22, 2022 AT 10:00AM MST

Auction Location: TownePlace Suites, 240 29th St W, Dickinson ND 58601

DUNN COUNTY, ND

Description: Section 10-144-93 & Sections 5, 6, 17, & 18 All in 143-91

Total Acres:1,224+

Cropland Acres:  1,124.50+

To Be Sold in 9 Tracts!

TRACT 1:

Description: W1/2SW1/4 Section 10-144-93

Total Acres:80+

CRP Cropland Acres: 78.19+

     78.19 Acres @ $38.15 or $2,983 annually. Expires 9/30/2026

PID #: Part of 03-6939-000

Soil Productivity Index: 73

Soils: Belfield-Grail clay loams (52%), Flaxton-Williams complex (15%), Lefor fine sandy loam (8%)

Taxes (2021): $403.27 (Includes part of T2)

TRACT 2:

Description: E1/2SW1/4, W1/2SE1/4, SW1/4NE1/4, SE1/4NW1/4 All in Section 10-144-93

Total Acres:240+

Cropland Acres:  220.83+

PID #’s: 03-6938-000 & part of 03-6939-000

Soil Productivity Index: 72

Soils: Belfield-Grail clay loams (33%), Morton-Farland silt loams (21%), Amor-Shambo loams (14%)

Taxes (2021): $851.93 (includes T1)

TRACT 3:

Description: SE1/4 Less 6.5AC Bin Site Section 6-143-91

Total Acres: 153+ Subject to survey

Cropland Acres:  137+

PID #: 03-5665-000 (includes T9)

Soil Productivity Index: 78

Soils: Williams-Bowbells loams (27%), Belfield-Morton silt loams (21%), Arnegard loam (12%)

Taxes (2021): $627.21 (Includes T9)

TRACT 4:

Description: SW1/4 Section 5-143-91

Total Acres:160+

Cropland Acres:  148.55+

PID #: 03-5650-000

Soil Productivity Index: 71

Soils: Arnegard loam (20%), Vebar-Parshall fine sandy loams (18%), Vebar-Tally fine sandy loams (14%)

Taxes (2021): $519.55

TRACT 5:

Description: NE1/4NW1/4 & Lot 1 Section 18-143-91

Total Acres:77.92+

Cropland Acres: 74.71+

PID #: 03-5714-000

Soil Productivity Index: 83

Soils: Williams-Bowbells loams (58%), Williams loam (25%), Arnegard loam (14%)

Taxes (2021): $261.38

TRACT 6:

Description: NE1/4 Section 18-143-91

Total Acres:160+

Cropland Acres:  149.22+

PID #: 03-5713-000

Soil Productivity Index: 84

Soils: Williams-Bowbells loams (39%), Arnegard loam (18%), Williams loam (17%)

Taxes (2021): $542.28

TRACT 7:

Description: E1/2NW1/4 & 106.06AC in NE1/4 Section 17-143-91

Total Acres:186.06+

Cropland Acres:  164+

PID #: 03-5708-001 & 03-5707-000

Soil Productivity Index: 71

Soils: Williams loam (37%), Williams-Bowells loams (28%), Sen-Chama silt loams (17%)

Taxes (2021): $576.57

TRACT 8:

Description: SW1/4 Section 17-143-91

Total Acres:160+

Cropland Acres:  152+

PID #: 03-5709-000

Soil Productivity Index: 71

Soils: Williams loam (39%), Williams-Bowbells loams (36%), Williams-Zahl loams (10%)

Taxes (2021): $425.68

TRACT 9:

Description: 6.5AC Bin Site in Section 6-143-91

Total Acres: 6.5+ Subject to survey

PID #: part of 03-5665-000

Taxes (2021): $627.21 (Includes T3)

Includes: Brock 45,000+/- bu. bin, constructed in 2019, full floor air, (2) Brock Guardian Series LP heaters, & 15 hp. fans, side stair pkg., Grain Saver unloading auger w/10 hp. power head. Roughrider Electric power provider for 1 phase, 220v power. Electric panel w/110v/220v hookups and room for future expansion. (2) 500 gal. leased propane tanks

Please Note: Hopper bins are excluded and will be removed prior to July 15, 2022.

TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 45 days.

For a detailed Buyer’s Prospectus with complete terms and conditions contact Max Steffes at Steffes Group, 701.237.9173 or 701.212.2849

Timothy & Rebecca Eckelberg, Owners