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not be withdrawn until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

