Adrian, MN 56110(Nobles County)

Property 3 & 4 Location: From the North Edge of Adrian, MN go North on State HWY 91 for 4 miles to 200th St then go 2 1/4 miles East on 200th St to Property 3. Property 4 lies directly adjoining Property 3 to the South. Property 3 is in the Southeast corner of the intersection of 200th St. and Durfee Ave.

Property 5 & 6 Location: From the South Edge of Wilmont, MN go South on Fellows Ave (34) for 3/4 Mile to Property 5. Property 6 lies directly adjoining Property 5 to the West. Property 5 is in the Northwest corner of Fellows Ave & 170th St.

Property 7 Location: Located Directly Adjacent to the North of the new Worthington Intermediate School or from the intersection of HWY 35 (250th St) & North Crailsheim Road on the West side of Worthington go South on North Crailsheim Road for approx. 1/2 mile to the property. Property is located on the West side of North Crailsheim Road.

Property 8 Location: From the East edge of Wilmont, MN go 1 1/2 mile East on 13 to Jones Ave then at that intersection continue going Southeasterly on 25 for 3/4 mile to the land. Land is located in the Northwest corner of the intersection of 25 and King Ave. (West of King Ave).

Property 9 Location: From the West side of Fulda, MN go 3 miles West on 16th St (2) to 200th Ave then go 1 1/2 mile South on 200th Ave to the curves then continue around the curves on 1st St on to Nystrom Ave. to the land. Land is located in the Southwest corner of the intersection of Nystrom Ave and 1st St.

Auction of the Properties will be held at the Worthington, MN Fairgrounds (Nobles County Fairgrounds) 1600 Stower Dr., Worthington, MN.

Land Auction Date: October 31, 2023 10:30 A.M.

Auctioneers Note: When can you honestly say was the last time that you had the opportunity to purchase this magnitude of land in Nobles County, MN? The answer to that is probably never before as land offerings of this magnitude and quality are rarely available! If you go back generations rarely does anyone say that they wished they had not purchased the land they did! The age old saying is Dont Wait To Buy Land, Buy Land & Wait. Our company is honored to represent Paul & Ruth in selling this tremendous offering of Nobles County, MN farmland! The Rensink family is the true definition of an American success story! Paul & Ruths father and mother, who were Lawrence & Elaine Rensink, worked many hours in their businesses including their hardware store, Rensink Hardware in Ashton, IA, to build this legacy of land to pass on to their children! Begin establishing your own familys legacy today by attending this auction and purchasing one or several or all of these tracts of Nobles County, MN farmland!

Abbreviated Legal Description of Property 1: Tract 1 (Legal only) in the SE1/4 of Section 33, TWP 103N, Range 42W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 1: According to the survey, this property contains 80.87+/- gross acres. According to FSA/Survey, this property contains approx. 75.96+/- tillable acres with the remainder in road and ditch and a grass waterway. This farm has a corn base and soybean base combined with Property 2 with a PLC yield of 149bu on corn and PLC yield of 43bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P12B-Everly, P29A-Rushmore, P12C2-Everly, P43A-Wilmonton. According to Agri-Data this tillable land has a productivity index rating of 92.1 and an estimated average county CER rating of 70.07(Currently combined with Property 2 with the Nobles County Assessor). This tract of land offers a tremendous opportunity to purchase a farm with road on only 1 side with great access and topography and soil ratings! This property if purchased in conjunction with Property 2 offers the opportunity to purchase a contiguous 161.74+/- acre tract!

Abbreviated Legal Description of Property 2: Tract 2 (Legal only) in the SE1/4 of Section 33, TWP 103N, Range 42W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 2: According to the survey, this property contains 80.87+/- gross acres. According to FSA/Survey, this property contains approx. 73.52+/- tillable acres, approx. 1.80 acres of CRP with an annual payment of $408.00 With a contract ending 9/30/2032 (Buyer will receive 10-1-2024 CRP payment and all future payments), with the remainder in road and ditch. This farm has a corn base and soybean base combined with Property 1 with a PLC yield of 149bu on corn and PLC yield of 43bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P12B-Everly, P29A-Rushmore, P12C2-Everly, P3A-Biscay, P43A-Wilmonton, 1024A-Havelock. According to Agri-Data this tillable land has a productivity index rating of 89.2 and an estimated average county CER rating of 70.07(Currently combined with Property 1 with the Nobles County Assessor). Do not pass up the opportunity to purchase this fantastic farm! This property if purchased in conjunction with Property 1 offers the opportunity to purchase a contiguous 161.74+/- acre tract!

Abbreviated Legal Description of Property 3: Tract 1 (Legal Only) in the NW1/4 of Section 28, TWP 103N, Range 42W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 3: According to the survey, this property contains 82.32+/- gross acres. According to FSA/Survey, this property contains approx. 75+/- tillable acres with the remainder in road and ditch and a grass waterway. This farm has a corn base and soybean base combined with Property 4 with a PLC yield of 158bu on corn and PLC yield of 41bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P12B-Everly, P31A-Spicer, P43A-Wilmonton, P29A-Rushmore, P7A-Comfrey. According to Agri-Data this tillable land has a productivity index rating of 93 and an estimated average county CER rating of 74.78 (Currently combined with Property 4 with the Nobles County Assessor). This is a very nice tract of farmland with excellent topography and great access from a hard surface road! If purchased in conjunction with Property 4 this property offers the opportunity to purchase a contiguous 161.11+/- acre tract!

Abbreviated Legal Description of Property 4: Tract 2 (Legal Only) in the NW1/4 of Section 28, TWP 103N, Range 42W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 4: According to the survey, this property contains 78.79+/- gross acres. According to FSA/Survey, this property contains approx. 75.5+/- tillable acres with the remainder in road and ditch and a grass waterway. This farm has a corn base and soybean base combined with Property 3 with a PLC yield of 158bu on corn and PLC yield of 41bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: P43A-Wilmonton, P12B-Everly, P31A-Spicer, P7A-Comfrey, P29A-Rushmore, 1024A-Havelock. According to Agri-Data this tillable land has a productivity index rating of 92.9 and an estimated average county CER rating of 74.78 (Currently combined with Property 3 with the Nobles County Assessor). This is a very nice tract of farmland with excellent topography and great access from a hard surface road! If purchased in conjunction with Property 3 this property offers the opportunity to purchase a contiguous 161.11+/- acre tract!

Abbreviated Legal Description of Property 5: Tract 4(Legal Only) in the SE1/4 of Section 2, TWP 103N, Range 42W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 5: According to the survey, this property contains 80+/- gross acres. According to FSA/Survey, this property contains approx. 76.35+/- tillable acres with the remainder in road and ditch. This farm has a corn base and soybean base combined with Property 6 with a PLC yield of 181bu on corn and PLC yield of 46bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include L140-Ocheda, L133A-Waldorf, L150A-Prinsburg, L88A-Lura, L136A-Crooksford, L135A-Okabena: . According to Agri-Data this tillable land has a productivity index rating of 91.4 and an estimated average county CER rating of 73.14 (Currently combined with Property 6 with the Nobles County Assessor). This is an excellent tract of farmland with 1/2 mile rows! This is a very desirable farm! This farm does have some drainage tile line installed!

Abbreviated Legal Description of Property 6: Tract 3(Legal Only) in the SE1/4 of Section 2, TWP 103N, Range 42W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 6: According to the survey, this property contains 67.21+/- gross acres. According to FSA/Survey, this property contains approx. 66.32+/- tillable acres with the remainder in road and ditch. This farm has a corn base and soybean base combined with Property 5 with a PLC yield of 181bu on corn and PLC yield of 46bu on soybeans. The tillable farmland is classified as NHEL. The predominant soil types of the land include: L135A-Okabena, L140A-Ocheda, L136A-Crooksford, L150A-Prinsburg, L134B-Clarion-Crooksford, L133A-Waldorf, L144A-Chetomba, L146A-Glencoe, L111A-Nicollet. According to Agri-Data this tillable land has a productivity index rating of 95.2 and an estimated average county CER rating of 73.14 (Currently combined with Property 5 with the Nobles County Assessor). This farm would make an excellent addition to your current operation or an excellent investment!

Abbreviated Legal Description of Property 7: The South 1/2 of the NE1/4 of Section 21, TWP 102N, Range 40W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 7: According to the survey, this property contains 79.78+/- gross acres. According to FSA/Survey, this property contains approx. 70.75+/- tillable acres, approx. 3.20 acres of CRP with an annual payment of $544.00 With a contract ending 9/30/2034 (Buyer will receive 10-1-2024 CRP payment and all future payments), with the remainder in road and ditch. This farm has a corn base of 36.40 acres with a PLC yield of 149bu and a soybean base of 34.30 acres with a PLC yield of 45bu. The tillable farmland is classified as NHEL. The predominant soil types of the land include: L83A-Webster, L79B-Clarion, L85A-Nicollet, L146A-Glencoe, L78A-Canisteo. According to Agri-Data this tillable land has a productivity index rating of 94.3 and an estimated average county CER rating of 77.57. Farmers, Investors and Entrepreneurs this tract of land is one that you will want to pay attention to! This farm offers endless opportunities to either continue to farm this land or for future development potential as this tract of land is located directly adjacent to the City Limits of Worthington, MN and also directly adjacent to the brand new Intermediate School in Worthington, MN! Whenever you have the opportunity to purchase land next to a city it is something that you should not take lightly! If you choose to purchase this tract of land with the future potential this land could offer it is a decision that future generations would thank you for and something you will not regret! Land in this close of proximity to Worthington, MN is not often available!

Abbreviated Legal Description of Property 8: The Southeast 1/4, North and East of Highway in Section 5, TWP 103N, Range 41W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments if any.

General description of Property 8: According to the survey, this property contains 80.21+/- gross acres. According to FSA/Survey, this property contains approx. 55.66+/- tillable acres, approx. 16.69 acres of grassland with the remainder in road and ditch. This farm has a corn base of 28.50 acres with PLC yield of 156bu and a soybean base of 26.80 acres with a PLC yield of 45bu. The tillable farmland is classified as NHEL. The predominant soil types of the land include: L135A-Okabena, L78A-Canisteo, L146A-Glencoe, L152B-Lowlein-Round, L136A-Crooksford, L85A-Nicollet, L133A-Waldorf, L83A-Webster, L79B-Clarion. According to Agri-Data this tillable land has a productivity index rating of 93.4 and an estimated average county CER rating of 58.68. Do not miss out on the opportunity to purchase this tract of land!

Abbreviated Legal Description of Property 9: The NE1/4 of Section of Section 6, TWP 104N, Range 40W, Nobles County, MN. Subject to all public roads and easements of record. Sold subject to any & all drainage taxes and special assessments.

General description of Property 9: According to the survey, this property contains 141.92+/- gross acres. According to FSA/Survey, this property contains approx. 134.79+/- tillable acres with the remainder in road and ditch and a county ditch. This farm has a corn base of 65.55 acres with a PLC yield of 165bu and a soybean base of 65.55 acres with a PLC yield of 44bu. The tillable farmland is classified as NHEL. The predominant soil types of the land include: L83A-Webster, L85A-Nicollet, L146A-Glencoe, L152B-Lowlein-Round, L133A-Waldorf, L78A-Canisteo, L135A-Okabena, L157A-Lowlein, L79B-Clarion, L140A-Ocheda, 113-Webster, 130-Nicollet. According to Agri-Data this tillable land has a productivity index rating of 93 and an estimated average county CER rating of 75.88. This tract of farmland does have extensive county drainage tile line installed! Do not pass up the opportunity to purchase this farm as land in this area is not always available!

Method of sale: All of the properties will be offered in the choice method. The top successful bidder of each round of choice will have the option to select the tract of their choice. The top successful bidder of each round of choice may only select one of the tracts in each round of choice with the exception of if there are two tracts remaining which are directly adjacent to each other then the top bidder of that round of choice may select those two adjacent tracts. If the tract is not adjoining to another tract that is still available then the top bidder will only be permitted to select one tract for that round of choice. After a tract is sold in the round of choice it will not be available again to bid on. Once a tract is sold it will remain sold. There will be no combination of tracts of offered. Auction will be held at the Worthington, MN Fairgrounds (Nobles County Fairgrounds) 1600 Stower Dr., Worthington, MN.

Taxes: The current Real Estate Taxes according to the Nobles County treasurer are as follows: approx. $5,152.00 per year combined on Property 1 & 2, approx. $5,222.00 per year combined on Property 3 & 4, approx. $5,090.00 Per year combined on Property 5 & 6, approx. $3,576.00 per year on Property 7, approx. $2,322.00 per year on Property 8, approx. $5,834.00 per year on Property 9. Seller shall pay the 2023 RE taxes due in the calendar year 2023 which were based on the 2022 tax assessment. Buyer shall be responsible to pay the RE taxes due in the calendar year 2024 which were based on the 2023 tax assessments and all future taxes.

Possession: Full possession will be March 1, 2024. This land is available to farm for the 2024 crop year.

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit which will be payable to Winter Abstract & Title, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day when the seller will provide marketable title to the property. Closing days shall be as follows: Properties 1, 2, 3, 4, 8 & 9 will all close on December 14, 2023, Properties 5, 6 & 7 will all close on January 4, 2024. Owners title insurance policy and closing fees will be split 50/50 between the buyer and seller. Abstracts will not be provided. Closing will be conducted by Winter Abstract & Title. These farms are being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary, and any new fencing if any will be the responsibility of the purchaser pursuant to MN statutes. If buyer delays closing penalties will apply. All buyers are encouraged to do buyers due diligence. Buyers of properties with CRP will be required to assume the current CRP contracts and will be responsible for any midterm maintenance if any. Buyers of properties with CRP will receive the 10-1-2024 CRP payment. Seller will retain the 10-1-2023 CRP payment. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneer and Real Estate broker is representing the sellers. Tom Whorley Attorney For Sellers

Rensink Family Farm- Owner