480 acres barnes county nd land auction

R & D Auction, Inc.

21 August, 2018 12:00 pm

Land Location -

12 Miles north of Oriska, ND, on Highway 32 to 22nd St & a 1/2 mile east to Tract 3.  12 Miles north of Oriska, ND, on Highway 32 to 21st St. & go 1 mile east to Tract 1 & Tract 2.

** 480 Acres in close proximity to each other **

** Selling in 3 seperate tracts **

Tract 1 – NE¼ of Sec. 22 T142N R56W

Tract 2 – NW¼ of Sec. 22 T142N R56W

Tract 3 – NE¼ of Sec. 28 T142N R56W

Bid Procedure –

Written bids will be received at the office of Farmers National Company, 12290 Valley Rd., Lisbon, ND 58054, until 5:00 PM, on Tuesday, August 21, 2018.  Bids should be submitted by price per deeded acres x 160 acres per tract for the total dollar amount.  Those submitting the 7 highest written bids on each tract will be notified and invited to participate in oral bidding to be held at 10:00 AM on Thursday, August 23, 2018, Valley City, ND.  Auction venue will be announced to invited participants after bid opening.  Seller reserves the right to reject any and all bids and to modify bidding requirements at their discretion.  

Terms of Sale & Closing –

Terms of the sale are cash with no contingencies.  The successful bidder(s) will be required to sign a purchase agreement and provide a 10% earnest money check with the balance due at closing on or approximately October 1, 2018.  Seller will furnish a continued abstract of title evidencing marketable title.  The cost of escrow closing services will be shared equally between buyer and seller.

For more information, contact:

Dale Haugen

Farmers National Company

12290 Valley Rd

Lisbon, ND  58054

DHaugen@FarmersNational.com

(701) 680-2395 (Cell)

(701) 973-2106 (Office)

Notes:

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. R & D Auction, Inc. , agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.