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Public notices, July 12, 2012

July 12, 2012
The Journal

PUBLISH

(July 12, 19, 26, 2012)

NOTICE OF SALE

AND CALL FOR

BIDS

Notice is hereby given

of the proposed sale

and call for bids by the

Estate of Paul

Rasmussen, Sr., on

the following real

estate, all located in

Milford Township, ap-

proximately 2.5 miles

west of New Ulm,

Minnesota and gen-

erally described as fol-

lows:

An undivided one-half

(1/2) interest in and to

the Southwest Quarter

(SW1/4), Section 22,

Township 110N,

Range 31W, Brown

County.

The property for sale

consists of: an undi-

vided one-half (1/2) in-

terest in 160 acres,

more or less; tillable

FSA acres = 115.14;

CER rating =

81.78/89.76.

The real estate is of-

fered for sale subject

to the following pro-

cedures, terms and

conditions:

1. Any buyer wishing

to purchase must sub-

mit a sealed bid speci-

fying the total amount

bid and reference the

above property. Bids

must be no less than

$337,500.00. Each

sealed bid must be ac-

companied by a certi-

fied check, cashier's

check or bank draft in

the amount of Ten per-

cent (10%) of the bid

payable to Gislason &

Hunter LLP Trust Ac-

count.

2. All bids must be

submitted and re-

ceived either by Gisla-

son & Hunter LLP,

2700 South Broadway,

New Ulm, MN 56073,

on or before 5:00 p.m.,

August 7, 2012, or by

personal delivery to

seller at Gislason &

Hunter LLP, New Ulm,

Minnesota, by 9:00

a.m., Wednesday, Au-

gust 8, 2012. Any

sealed bids received

after those times will

be rejected.

3. All those submitting

sealed bids are invited

to be present at the

Herbeck Room, Re-

creation Center, Vogel

Fieldhouse, 122 South

Garden Street, New

Ulm, Minnesota, at

10:00 a.m., on

Wednesday, August 8,

2012, by which time

and place all sealed

bids will have been ta-

bulated. All those who

have submitted sealed

bids will be given an

opportunity to increase

their previously sub-

mitted bid at that time

and place. Bids may

not be withdrawn until

the bidding process is

concluded and an Ear-

nest Money Contract

signed.

4. The successful

bidder or bidders on

the above real estate

must be prepared to

enter into an Earnest

Money Contract at the

conclusion of the bid-

ding on August 8,

2012, at which time

earnest money in the

amount of Ten percent

(10%) of the success-

ful bid price must be

paid. The balance of

the successful bid

price shall be due and

payable in cash at

closing which shall be

on or before 30 days

from the date of the

Probate Court's order

confirming the sale.

5. The property is sub-

ject to a Farm Lease

which will end De-

cember 31, 2012. No

fall tillage will be per-

formed by current

tenant or owner. Buyer

may have access to

the land after crops

are removed after the

2012 growing season

to prepare for the 2013

crops.

6. The real estate

taxes due and payable

in the year 2012 on the

1/2 interest shall be

prorated to date of

closing.

7. Seller reserves the

unqualified right to re-

ject any and all bids

and to waive any irre-

gularities in the bid-

ding.

8. Anyone desiring ad-

ditional information, a

copy of the exact legal

description on the sub-

ject property, or to

schedule a viewing

should contact Attor-

ney Reed Glawe, Gis-

lason & Hunter LLP,

2700 South Broadway,

New Ulm, MN 56073,

Telephone

507-354-3111

PUBLISH

(July 12, 19, 26, 2012)

NOTICE OF SALE

AND CALL FOR

BIDS

Notice is hereby given

of the proposed sale

and call for bids by the

Estate of Paul

Rasmussen, Sr., on

the following real

estate, all located in

Milford Township, ap-

proximately 2.5 miles

west of New Ulm,

Minnesota and gen-

erally described as fol-

lows:

The South Half of the

Northeast Quarter

(S1/2 of NE1/4), Sec-

tion 21, Township

110N, Range 31W,

Brown County.

The property for sale

consists of: 80 acres,

more or less; is sub-

ject to a RIM ease-

ment on 13.2 acres;

tillable FSA acres =

61.68; CER rating =

88.92.

The real estate is of-

fered for sale subject

to the following pro-

cedures, terms and

conditions:

1. Any buyer wishing

to purchase must sub-

mit a sealed bid speci-

fying the total amount

bid and reference the

above property. Bids

must be no less than

$345,000.00. Each

sealed bid must be ac-

companied by a certi-

fied check, cashier's

check or bank draft in

the amount of Ten per-

cent (10%) of the bid

payable to Gislason &

Hunter LLP Trust Ac-

count.

2. All bids must be

submitted and re-

ceived either by Gisla-

son & Hunter LLP,

2700 South Broadway,

New Ulm, MN 56073,

on or before 5:00 p.m.,

August 7, 2012, or by

personal delivery to

seller at Gislason &

Hunter LLP, New Ulm,

Minnesota, by 9:00

a.m., Wednesday, Au-

gust 8, 2012. Any

sealed bids received

after those times will

be rejected.

3. All those submitting

sealed bids are invited

to be present at the

Herbeck Room, Re-

creation Center, Vogel

Fieldhouse, 122 South

Garden Street, New

Ulm, Minnesota, at

11:00 a.m., on

Wednesday, August 8,

2012, by which time

and place all sealed

bids will have been ta-

bulated. All those who

have submitted sealed

bids will be given an

opportunity to increase

their previously sub-

mitted bid at that time

and place. Bids may

not be withdrawn until

the bidding process is

concluded and an Ear-

nest Money Contract

signed.

4. The successful

bidder or bidders on

the above real estate

must be prepared to

enter into an Earnest

Money Contract at the

conclusion of the bid-

ding on August 8,

2012, at which time

earnest money in the

amount of Ten percent

(10%) of the success-

ful bid price must be

paid. The balance of

the successful bid

price shall be due and

payable in cash at

closing which shall be

on or before 30 days

from the date of the

Probate Court's order

confirming the sale.

5. The property is sub-

ject to a Farm Lease

which will end De-

cember 31, 2012. No

fall tillage will be per-

formed by current

tenant or owner. Buyer

may have access to

the land after crops

are removed after the

2012 growing season

to prepare for the 2013

crops.

6. The real estate

taxes due and payable

in the year 2012 shall

be prorated to date of

closing.

7. Seller reserves the

unqualified right to re-

ject any and all bids

and to waive any irre-

gularities in the bid-

ding.

8. Anyone desiring ad-

ditional information, a

copy of the exact legal

description on the sub-

ject property, or to

schedule a viewing

should contact Attor-

ney Reed Glawe, Gis-

lason & Hunter LLP,

2700 South Broadway,

New Ulm, MN 56073,

Telephone

507-354-3111

 
 
 

 

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