FARMLAND FOR SALE BY SEALED BID
Half section of farmland for sale, 7 miles North of Litchville, ND, just off Barnes Co. Road 11 (blacktop between Litchville and I-94). Soil productivity index of 63.9 on 290 tillable acres (from 2020 FSA documentation). NO wildlife easements. Available to farm for 2021 growing season. Owners: Dale Rienstra, Elaine Daily, Jeffrey Rienstra, and Michelle Rienstra Trust.
S1/2 of Section 14, Township 138, Range 60, Barnes County, ND, less rights of way.
290 tillable acres
Productivity index: 63.9
Hamerly-Tonka complex (22%)
Overly-Nahon silt loams (19%)
Barnes-Buse loams (17%)
Barnes-Buse-Langhei loams (14%)
Barnes-Svea loams (11%)
NO WILDLIFE EASEMENTS
Ready to farm for 2021!
Bidding Instructions - Terms of Sale
The property will be sold as one parcel by private written bids. All bids must be for the total dollar amount for the parcel, not per acre.
Bids should be filed, in a signed writing, by sealed envelope at: JAMES VALLEY LAW, PLLC, PO Box 1925, Jamestown, ND 58402, no later than Tuesday, December 8, 2020 at 10:00 a.m.
All bids will be privately opened by Sellers' attorney on December 8, 2020 at 10:00 a.m. The high bidder will be notified if their bid is accepted or rejected within four (4) days of the bid opening. If the high bid is accepted, Buyer must submit an earnest money down payment for ten percent (10%) of the sales price upon execution of the Purchase Agreement; balance due at closing within sixty (60) days. Failure to make full payment of the purchase price for the land at closing will constitute a forfeiture of Buyer's earnest money deposit as liquidated damages.
Sellers will furnish an up‑to‑date abstract of title, Warranty Deed, and guarantee of marketable title. All real estate taxes for the calendar year 2020 and prior years will be paid by Sellers.
Sellers reserve the right to reject any and all bids.
To obtain a bidding packet or for more information, contact Kelsey A. Krapp, Attorney for Sellers, at PO Box 1925, Jamestown, ND 58402, (701) 252-1800, firstname.lastname@example.org.