Stark County Remainder Interest Land Auction! Friday, January 14th. 11:00 AM, MT. LOCATION: ROOSEVELT GRAND DAKOTA HOTEL, 532 15TH STREET W. DICKINSON, ND. 58601 Legal description: A remainder interest in % of the East % of Section (7), T-137-N, R-99-W. West Stark Township. Stark County, North Dakota, Property consists of approximately 317.8 +l- acres of land. The purchaser is buying a % interest in this property, subject to the life estate of Bonita Reisenauer. The remainder interest being sold is subject to the Life Estate of Bonita Reisenauer, age 71, 13203 49th Street SW, Belfield, ND. The other % owner of the real estate is Bonita Reisenauer. Buyer is purchasing a l% interest in the Surface Rights Only Property to be sold/conveyed by Trustees Deed. Abstract: The holder of the ite estate Bonita Reisenauer is entitled to possession of the real estate, and all rents and income until she has passed on. Tile opinion will be the responsibility of the buyer. If they so choose. A Remainder Interest in 1% of the property is what the buyer will be purchasing. The property will become a present estate at the time of the life tenant's passing. Once the life tenant dies, the buyer will have an undivided % interest in the property described above. REAL ESTATE TAXES HAVE BEEN PAID - PER OSE, 2020 REAL ESTATE TAXES AND PRIOR YEARS HAVE ALL BEEN PAID Real Estate taxes, present and future, TERMS It is the buyer's responsibility to inspect the property and acoept the property in an "AS-IS, Where -S condition with no warranties, expressed or implied. The property is being sold subject to the Bankruptcy Trustees confirmation. Bidding will take place on a per acre basis. Minimum bid raise will be $5.00 per acre. Anyone who wishes to bid must present a $5.000.00 cashier's check payable to Helbling Auctioneers LLC. by 11:00 AM, MT. the day of the auction (unless other arrangements have been made with Helbling Auctioneers). The successful bidder will be required to sign a binding purchase agreement at the close of the auction, and their cashier's check will be deposited into Helbling Auctioneers Trust Account as eamest money. Unsuccesstul bidder's cashier's checks will be retumed at the cashier's table. Closing will take place on or before February 16th, 2022 at a time and place to be determined, at which time the balance of the purchase price must be paid. Purchasers who are unable to close by February 16th, 2022 will be in default. THIS PROPERTY IS SUBJECT TO ALL EASEMENTS OF RECORD AND IS BEING SOLD AS SURFACE RIGHTS ONLY. Contact Bob Helbling at (701) 428-3184 for further details. Aarial Map T-137-N DISTRICT PLAT R0W surety HELBLING Auctioneers 321 ND-46, Kindred ND 58051 (701) 428-3184 Stark County Remainder Interest Land Auction! Friday, January 14th. 11:00 AM, MT. LOCATION: ROOSEVELT GRAND DAKOTA HOTEL, 532 15TH STREET W. DICKINSON, ND. 58601 Legal description: A remainder interest in % of the East % of Section (7), T-137-N, R-99-W. West Stark Township. Stark County, North Dakota, Property consists of approximately 317.8 +l- acres of land. The purchaser is buying a % interest in this property, subject to the life estate of Bonita Reisenauer. The remainder interest being sold is subject to the Life Estate of Bonita Reisenauer, age 71, 13203 49th Street SW, Belfield, ND. The other % owner of the real estate is Bonita Reisenauer. Buyer is purchasing a l% interest in the Surface Rights Only Property to be sold/conveyed by Trustees Deed. Abstract: The holder of the ite estate Bonita Reisenauer is entitled to possession of the real estate, and all rents and income until she has passed on. Tile opinion will be the responsibility of the buyer. If they so choose. A Remainder Interest in 1% of the property is what the buyer will be purchasing. The property will become a present estate at the time of the life tenant's passing. Once the life tenant dies, the buyer will have an undivided % interest in the property described above. REAL ESTATE TAXES HAVE BEEN PAID - PER OSE, 2020 REAL ESTATE TAXES AND PRIOR YEARS HAVE ALL BEEN PAID Real Estate taxes, present and future, TERMS It is the buyer's responsibility to inspect the property and acoept the property in an "AS-IS, Where -S condition with no warranties, expressed or implied. The property is being sold subject to the Bankruptcy Trustees confirmation. Bidding will take place on a per acre basis. Minimum bid raise will be $5.00 per acre. Anyone who wishes to bid must present a $5.000.00 cashier's check payable to Helbling Auctioneers LLC. by 11:00 AM, MT. the day of the auction (unless other arrangements have been made with Helbling Auctioneers). The successful bidder will be required to sign a binding purchase agreement at the close of the auction, and their cashier's check will be deposited into Helbling Auctioneers Trust Account as eamest money. Unsuccesstul bidder's cashier's checks will be retumed at the cashier's table. Closing will take place on or before February 16th, 2022 at a time and place to be determined, at which time the balance of the purchase price must be paid. Purchasers who are unable to close by February 16th, 2022 will be in default. THIS PROPERTY IS SUBJECT TO ALL EASEMENTS OF RECORD AND IS BEING SOLD AS SURFACE RIGHTS ONLY. Contact Bob Helbling at (701) 428-3184 for further details. Aarial Map T-137-N DISTRICT PLAT R0W surety HELBLING Auctioneers 321 ND-46, Kindred ND 58051 (701) 428-3184