126 ACRES HORSE/LIVESTOCK/HOBBY FARM WITH EXISTING BUILDING SITES, BARE CROPLAND, WOODLAND & POND

TO BE OFFERED IN MULTI-PARCEL AUCTION

THE NELSON'S HAVE LIVED AND ENJOYED THIS BEAUTIFUL FARM RANCH FOR 20+ YEARS AND ARE RETIRING TO ARIZONA, THEREFOR YOU WILL HAVE A RARE OPPORTUNITY TO PURCHASE PART OR ALL OF THIS FANTASTIC PROPERTY

AUCTION LOCATION: 22151 GARFIELD AVE MORRISTOWN, MN 55052(PARCEL 1)

DIRECTIONS FROM FARIBAULT, MN. WEST ON STATE HWY 60 TO WARSAW, NORTH ON FAREWELL AVE .5 MILE, WEST ON 230 STREET .5 TO GARFIELD, NORTH ON GARFIELD AVE .8 MILE

SAT. SEPT 6, 2008

10:00 A.M. SHARP

FARIBAULT / MORRISTOWN AREA !!!

WARSAW TOWNSHIP SECTION 7, RICE CO. MN

126 ACRES PICTURE PERFECT HOBBY FARMS WITH 2 EXISTING BUILDING SITES, BARE LAND, WOODED LAND W/ POND AND BUILDING ENTITLEMENTS

TO BE OFFERED IN 5 SEPERATE PARCELS. BID/BUY ANY COMBINATION TO SUIT YOU

** IN SECTION 7 WARSAW TOWNSHIP, RICE CO MN **

** PARCEL 1 **

** 15.22 ACRE BUILDING SITE W/ NEWER 3+ BEDROOM HOME, NEWER 2 STORY LIVESTOCK BARN, NICE MACHINE SHED, PASTURE, HIGH TENSILE FENCE, MANY TREES, BEAUTIFUL VIEW, MUST SEE!!!, MOVE IN CONDITION **

** PHYSICAL ADDRESS: 22151 GARFIELD AVE MORRISTOWN MN. ** P.I.D.#14.07.2.25.002 ** AREA: 15.22 ACRES (JUST SURVEYED) ** 1808+/- SQUARE FOOT SPLIT LEVEL HOME BUILT IN 1975 ** 3+ BEDROOM, 2 BATH, CENTRAL AIR, FORCED AIR, L.P. GAS FURNACE W/ CORN BURNER ADD ON FURNACE ** STAINLESS STEEL DOUBLE OVEN RANGE, DISH WASHER, SIDE BY SIDE REFRIG., WASHER & DRYER ** PERMANENT SIDING, NICE DECK, 250 GALLON L.P. TANK ** KNOTTY PINE 4 SEASON ROOM W/ GREAT VIEW ** LIVESTOCK BARN, 36'X76' WITH HAY MOW, 200 AMP., WATER FOUNTAINS, OFFICE, SEVERAL SERVICE DOORS, OFFICE WITH HEAT, WATER, BUILT IN 1991 ** STEEL MACHINE SHED, 104'X52', 14' SIDE WALLS AND 24'X14' SLIDING DOOR, 100 AMP. SERVICE ** 3= GOOD GRAIN BINS WITH 10,000 BUSHEL TOTAL STORAGE ** 6" CASED WELL APPROX. 90' DEPTH ** SEPTIC TANK W/ DRAIN FIELD ** HIGH TENCILE FENCE, MANY STEEL TUBE GATES ** APPROX. 10 ACRES OF PASTURE **

** PARCEL 2 **

** 3.00 ACRES WITH 2000 28'X66' 3 BEDROOM MANUFACTURED HOME AND 2000 32'X48' SHED, WOODED, GREAT VIEW **

** PHYSICAL ADDRESS: 22033 GARFIELD AVE MORRISTOWN, MN ** P.I.D.#14.07.2.25.003 ** AREA: 3.00 ACRES ** 2000 YEAR 28'X66' MANUFACTURED HOME, 3 BEDROOM W/ DECKS ** CENTRAL AIR, ALL MAJOR APPLIANCES ** 2000 YEAR 32'X48' STEEL SHED W/ 12'X10' OVERHEAD DOOR ** 2000 YEAR 90'X6" CASED WELL ** 2000 YEAR SEPTIC SYSTEM ** NICE MATURE WOODED LOT WITH FANTASTIC VIEWS **

** PARCEL 3 **

** 14.06 ACRES OF WOODED LAND WITH NICE POND, BUILD YOUR DREAM HOME ON THIS ACREAGE **

** ACCESS: OFF OF FAREWELL AVE ** AREA: 14.06 ACRES (JUST SURVEYED) ** NICE FARM POND ** MANY MATURE TREES **

** PARCEL 4 **

** 47.75 ACRES OF GOOD BARE CROPLAND **

** AREA: 47.75 ACRES (JUST SURVEYED) ** ALMOST ALL LAND IS TILLABLE ** RICE CO. FSA REPORT, 91.3 DCP CROPLAND AND 64.5 ACRES OF CORN BASE, 4.6 ACRES OF SOYBEAN BASE ** PARCEL 4 IS IN 2 DIFFERENT QUARTER SECTIONS AND EACH QUARTER SECTION HAS A 1/2 T.D.R. ** FSA REPORT IS ON ENTIRE FARM **

** PARCEL 5 **

** 45.86 ACRES OF GOOD BARE CROPLAND **

** AREA: 45.86 ACRES (JUST SURVEYED) ** ALMOST ALL TILLABLE ** RICE CO. FSA REPORT, 91.3 DCP CROPLAND AND 64.5 CORN BASE AND 4.6 SOYBEAN BASE. THIS IS COMBINATION WITH PARCEL 4 **

THIS IS YOUR OPPORTUNITY TO PURCHASE ANY SINGLE PARCEL OR THE COMPLETE FARM

OPEN HOUSE DATES:

WED. AUG 13                 6:30-7:30 P.M.

SUN. AUG 17         11:00 A.M.- 1:00 P.M.

WED. AUG 27                   6:30-7:30 P.M.

SUN AUG 31        11:00 A.M.-1:00 P.M.

FOR MORE PHOTOS GO TO WWW.MARINGAUCTION.COM

TERMS: $10,000.00 DOWN PER PARCEL THE DAY OF AUCTION WHICH IS NONREFUNDABLE IF BUYER FAILS TO CLOSE. THE BALANCE IS DUE AND PAYABLE IN FULL ON OR BEFORE OCT. 10, 2008. ALL PARCELS SELL AS-IS, WHERE-IS WITH NO WARRANTY OR GUARANTEE EXPRESSED OR IMPLIED BY SELLER OR ANY OF THEIR AGENTS. ALL REAL ESTATE DISCLOSURES AVAILABLE THE DAY OF AUCTION. ALL REAL ESTATE TAXES DUE AND PAYABLE IN 2008 SHALL BE PAID BY SELLERS. BUYER PAYS THERE AFTER. BIDDERS/BUYERS ARE TO HAVE THEIR FINANCING IN ORDER BY AUCTION TIME. BIDDERS/BUYERS ARE TO INSPECT ANY OR ALL PARCELS AND RELY ON THEIR OWN INSPECTIONS. A 5% BUYERS FEE APPLIES TO THIS REAL ESTATE AUCTION WHICH SHALL BE ADDED ABOVE AND BEYOND FINAL BID PRICE TO CONSTITUTE FULL PURCHASE CONTRACT PRICE.

KEITH & SUSAN SWINGEN NELSON, OWNERS

MATT MARING AUCTION CO., INC

MATT & KEVIN MARING, LIC.#25-28, #25-70 REGISTERED WISCONSIN LIC.#2200-052 KENYON, MN ** 1-507-789-5421 OFFICE ** 1-800-801-4502 0FFICE ** 1-507-271-6280 CELL **

CHARLIE SINNWELL, LIC.#20-01, KASSON, MN ** 1-507-634-2991 **