TRAVERSE COUNTY, MINNESOTA LAND AUCTION
ERWIN SCHAFFER FAMILY FARMLAND IN CROKE TOWNSHIP
WRITTEN BIDS TO BE IN BY SEPTEMBER 22nd, 2010
TOP FIVE BIDDERS ON EACH PARCEL MEET AT 1:30 PM, SEPTEMBER
23rd @ EYSTER REALTY BUILDING, HIGHWAY 75, WHEATON, MINNESOTA
LOCATION: FROM WHEATON, MINNESOTA, TAKE HIGHWAY 75 FOUR MILES SOUTH TO SUBJECT PARCEL
#1, WHICH LIES ON THE EAST SIDE OF THE HIGHWAY. SUBJECT PARCELS #2 AND #3 ARE LOCATED ONE
MILE WEST AND ONE AND A HALF MILES WEST RESPECTIVELY.
******Information believed to be accurate; however, buyer's decisions must be based upon their own
examination and investigation, as broker cannot be liable for inaccurate information provided to him.******
FARMLAND FOR SALE
CROKE TOWNSHIP, TRAVERSE COUNTY, MINNESOTA
Written bids will be accepted until September 22nd, 2010 at 1:30 p.m. for the farmland located
in Croke Township, Traverse County, Minnesota described as follows:
Parcel #1: That part of the Northeast Quarter (NE1/4) of Section Fifteen (15), and also that
part of the South Half of the Southeast Quarter (S1/2SE1/4) of Section Ten (10), all in Township
One Hundred Twenty-six (126) North, Range Forty-six (46) West, lying and being east of the
Chicago, Milwaukee & St. Paul Railway Company right-of-way as now located; subject to
easements for public highways and public utility lines, if any.
LESS AND EXCEPT:
The North 380.00 feet of the North Half of the Northeast Quarter (N1/2NE1/4), Section Fifteen
(15), Township One Hundred Twenty-six (126) North, Range Forty-six (46) West, Traverse
County, Minnesota, lying Easterly of the ROW of U.S. TH No. 75, except the East 660.00 feet
thereof. Said tract of land containing 6.20 acres, more or less, subject to easements of record.
Parcel #2: The West Half of the Northeast Quarter (W1/2NE1/4) of Section Sixteen (16),
Township One Hundred Twenty-six (126) North, Range Forty-six (46) West.
Parcel #3: The Northwest Quarter of the Northwest Quarter (NW1/4NW1/4) of Section Sixteen
(16), Township One Hundred Twenty-six (126) North, Range Forty-six (46) West.
Terms of the sale are as follows:
1. Sealed bids should be submitted in writing to Eyster Realty, 201 Highway 75 North, P.O.
Box 94, Wheaton, MN 56296, on or before 1:30 p.m. on September 22nd, 2010, at which
time the bids will be opened. Bidders will submit a certified or cashier’s check in the amount
of $20,000.00, made payable to Eyster Realty Trust, with their bid on each parcel they wish
to bid on. Bidders need not be present at that time. The top five bidders on each parcel will
be notified and invited to participate in a closed oral bidding session beginning at 1:30 p.m. on
September 23rd, 2010, at the Eyster Realty Building.
2. Terms of the sale are cash. Ten percent (10%) down will be required upon acceptance of
the bid, with the balance due on or before November 3rd, 2010, the date of Closing.
3. Bids should state the total purchase price for each parcel they are interested in bidding on;
not an amount per acre.
4. Seller shall pay the taxes payable in 2010 and prior years and will furnish an up-to-date
abstract showing marketable title for each parcel.
5. Land is leased for the 2010 crop year. Seller will receive the 2010 cash rent income.
Possession will be available upon harvest of 2010 crop. Buyer may do fall tillage upon
harvest of crops.
SELLER RESERVES THE RIGHT TO REFUSE AND/OR REJECT ANY AND/OR ALL BIDS.
For more information call Lance A. Lundquist at
(320) 563-8651
EYSTER REALTY ASSOCIATION
201 Highway 75 North
P.O. Box 94
Wheaton, Minnesota 56296
PARCEL #1: Approximately 95+ Acres in Sections Ten and Fifteen (10 & 15), Croke
Township, Township One Hundred Twenty-six (126) North, Range Forty-six (46) West.
(See legal on prior page)
FSA INFO: See FSA Abbreviated 156 Farm Record at bottom of page.
SOIL PROD. INDX: 87.8 (See Soil Maps and Legends)
LAND: 88.6 Tillable Acres
2010 LEASE: Leased for the 2010 crop year.
POSSESSION: Possession available upon harvest of 2010 crop.
R.E. TAXES: $1,586.00 (Includes Ditch #41 Assessment of $13.40)
AERIAL PHOTO OF SUBJECT PARCEL #1 IN
SECTIONS TEN & FIFTEEN, CROKE TOWNSHIP
BID FORM
CROKE TOWNSHIP,
TRAVERSE COUNTY, MINNESOTA
Subject Parcel #1: That part of the Northeast Quarter (NE1/4) of Section Fifteen (15), and
also that part of the South Half of the Southeast Quarter (S1/2SE1/4) of Section Ten (10), all
in Township One Hundred Twenty-six (126) North, Range Forty-six (46) West, lying and
being east of the Chicago, Milwaukee & St. Paul Railway Company right-of-way as now
located; subject to easements for public highways and public utility lines, if any.
LESS AND EXCEPT:
The North 380.00 feet of the North Half of the Northeast Quarter (N1/2NE1/4), Section Fifteen
(15), Township One Hundred Twenty-six (126) North, Range Forty-six (46) West, Traverse
County, Minnesota, lying Easterly of the ROW of U.S. TH No. 75, except the East 660.00 feet
thereof. Said tract of land containing 6.20 acres, more or less, subject to easements of record.
I/we hereby offer $_____________________ for the above referenced farmland.
Bid is for the total price, NOT an amount per acre. I have enclosed with my bid
a Cashier’s Check for $20,000.00 (made out to Eyster Realty Trust) for each parcel
I wish to bid on. I agree to deposit ten percent (10%) earnest money on the date of
sale if I am the successful bidder.
______________________________ ________________
Signature Date
Print Name:__________________________________________________________
Address:____________________________________________________________
City:________________________ State:____________ Zip Code: ____________
Telephone Number:__________________ Cell Phone Number:_________________
Return no later than 1:30 P.M. on September 22nd, 2010 to:
EYSTER REALTY
201 HIGHWAY 75 NORTH
P.O. BOX 94
WHEATON, MINNESOTA 56296
(320) 563-8651 Office
(320) 563-8602 Fax
www.eysterrealty.com
PARCEL #2: The West Half of the Northeast Quarter (W1/2NE1/4) of Section Sixteen (16),
Croke Township, Township One Hundred Twenty-six (126) North, Range Forty-six (46) West.
FSA INFO: See FSA Abbreviated 156 Farm Record at bottom of page.
SOIL PROD. INDX: 94.0 (See Soil Maps and Legends)
LAND: 79 Tillable Acres
C.R.P. CONTRACT: 6.7 Acres, Rate of $119.60/Acre, Term is 3-01-2009 to 9-30-2023
(See Copy of C.R.P. Contract)
2010 LEASE: Leased for the 2010 crop year.
POSSESSION: Possession available upon harvest of 2010 crop.
R.E. TAXES: $1,456.00
AERIAL PHOTO OF SUBJECT PARCEL #2
IN SECTION SIXTEEN, CROKE TOWNSHIP
BID FORM
CROKE TOWNSHIP,
TRAVERSE COUNTY, MINNESOTA
Subject Parcel #2: The West Half of the Northeast Quarter (W1/2NE1/4) of Section
Sixteen (16), Township One Hundred Twenty-six (126) North, Range Forty-six (46)
West.
I/we hereby offer $_____________________ for the above referenced farmland.
Bid is for the total price, NOT an amount per acre. I have enclosed with my bid
a Cashier’s Check for $20,000.00 (made out to Eyster Realty Trust) for each parcel
I wish to bid on. I agree to deposit ten percent (10%) earnest money on the date of
sale if I am the successful bidder.
______________________________ ________________
Signature Date
Print Name:__________________________________________________________
Address:_____________________________________________________________
City:________________________ State:____________ Zip Code: ____________
Telephone Number:_______________ Cell Phone Number:_________________
Return no later than 1:30 P.M. on September 22nd, 2010 to:
EYSTER REALTY
201 HIGHWAY 75 NORTH
P.O. BOX 94
WHEATON, MINNESOTA 56296
(320) 563-8651 Office
(320) 563-8602 Fax
www.eysterrealty.com
PARCEL #3: The Northwest Quarter of the Northwest Quarter (NW1/4NW1/4) of Section
Sixteen (16), Croke Township, Township One Hundred Twenty-six (126) North, Range
Forty-six (46) West.
FSA INFO: See FSA Abbreviated 156 Farm Record at bottom of page.
SOIL PROD. INDX: 85.9 (See Soil Maps and Legends)
LAND: 38.9 Tillable Acres
2010 LEASE: Leased for the 2010 crop year.
POSSESSION: Possession available upon harvest of 2010 crop.
R.E. TAXES: $680.00
AERIAL PHOTO OF SUBJECT PARCEL #3
IN SECTION SIXTEEN, CROKE TOWNSHIP
BID FORM
CROKE TOWNSHIP,
TRAVERSE COUNTY, MINNESOTA
Subject Parcel #3: The Northwest Quarter of the Northwest Quarter (NW1/4NW1/4)
of Section Sixteen (16), Township One Hundred Twenty-six (126) North, Range
Forty-six (46) West.
I/we hereby offer $_____________________ for the above referenced farmland.
Bid is for the total price, NOT an amount per acre. I have enclosed with my bid
a Cashier’s Check for $20,000.00 (made out to Eyster Realty Trust) for each parcel
I wish to bid on. I agree to deposit ten percent (10%) earnest money on the date of
sale if I am the successful bidder.
______________________________ ________________
Signature Date
Print Name:___________________________________________________________
Address:______________________________________________________________
City:_________________________ State:____________ Zip Code: ____________
Telephone Number:_________________ Cell Phone Number:________________
Return no later than 1:30 P.M. on September 22nd, 2010 to:
EYSTER REALTY
201 HIGHWAY 75 NORTH
P.O. BOX 94
WHEATON, MINNESOTA 56296
(320) 563-8651 Office
(320) 563-8602 Fax
www.eysterrealty.com
http://eysterrealty.com 
