In order to settle the estates of Art Stip and Milo Stip the following land will be sold at public auction. Auction location Davison County Fairgrounds, 3200 West Havens – 1 ¾ miles west of Ramada Inn, Mitchell SD (heated all purpose Bldg) on:

It is our distinct pleasure to offer the public this large outstanding line-up of mostly all tillable land located in high producing counties of South Dakota many of which have commanded top rental rates. All tracts will be sold from the Fairgrounds, - Mitchell SD location and will be sold individually and not tied together. The Stip Brother Farm headquarters will be the first tract sold with the Sanborn County Land being the last tracts offered.

TRACT ONE: 160-ACRES LAKE COUNTY (ORLAND TWP)

LOCATION: From Pizza Ranch in Madison, SD go 7-miles south on 454^th Ave

Legal: SE ¼ of Sec. 12-105-53

Commonly known as 23989 - 454^th Ave

Madison, SD 57042

This tract consists of 160-acres of highly improved turn-key grain operation with two Ranch style homes, 2-heated shop buildings, 730,000 bushel grain storage plus ample machine storage space.

HOMES:

1995 Ranch Style 3-bedroom 3-bath custom made home, 2508 sq ft main floor. Carpet and Tile floors, great room with fireplace, attached 2-stall garage, custom oak cabinetry, outstanding home. No basement – crawl space.

1963 Ranch Style 3-bedroom home with full basement 1672 sq ft living area in need of updating. Attached 2-stall garage.

SHOP BUILDINGS

1999 American Co. 60’ X 100’ steel span, full cement floor, radiant heat, 16’ X 30’ OH door and 13.5’ X 20’ OH door, cement approaches. Both doors have auto openers.

Atlantic Co. 50’ X 100’ steel span, full cement floor, radiant heat, 15’ X 24’ OH Door, 13.5’ X 20’ OH Door. Light Green in Color. Both doors have auto openers.

GRAIN STORAGE:

2-Brock 90,000 bu. bins 3-Chief 18,000 bu. bins

3-Brock 70,000 bu. bins 6-Chief 11,000 bu. bins

4-American 50,000 bu. bins Behlen 20,000 bu. dryer (needs work)

Drymor Continous Flow grain dryer with Hopper Bin

COLD STORAGE

Morton 60’ X 80’ pole shed w/16’ X 27’ sliding doors

56’ X 180’ Metal Pole machine shed, dirt/gravel floor with 2-16’ X 30’ Bi-Fold Doors (electric

operated)

Huskee 52’ X 160’ Metal Pole Machine Shed, partial cement floor with grain liner

40’ X 96’ Cattle pole shed

2-Stave silos with covered feed delivery system, large concrete lots

31.73 acres in building site and cattle yards

122.94 acres tillable balance in RROW

Production Index of 80. Soils include Huntimer silty clay loams, Whitewood loams

Egan Wentworth loams and others. Great Producer!

Annual Taxes $9,573.00. If you are looking for a turn-key grain operation check this property out.

LOCATION: Located at the Junction of 243^rd ST and 455^th Ave or from the Junction of 243 St. and Hwy. 19 go 1 ½ miles west (south side of the road)

                    Legal: The NW ¼ of Section 32, 105-52

                    156.81 acres tillable balance in RROW

Production Index of 73. Soils include Egan-Beadle Complex, Huntimer loams, Badus and Worthing loams.

                    Annual Taxes are $1976.82

             TRACT THREE: 160-ACRES LAKE COUNTY (WINFRED TWP)

LOCATION: From Junius, SD go 4-miles south (west side of the road) or at the Junction of 448^th Ave and 238^th St.

LEGAL: The SW ¼ of the NE ¼ and the N ½ of the SE ¼ and the SW ¼ of the SE ¼ of Section 36-106-54

154.01 acres tillable, 3.46 acres in low-spot balance in RROW

Production Rating of 81. Soils include Egan-Wentworth, Huntimer loams, Egan-Beadle, Wentworth-Egan loams and others

This tract is T-shaped has excellent soil ratings good eye appeal

Annual Taxes are $2030.24

TRACT FOUR: 158.21 ACRES LAKE COUNTY (WINFRED TWP)

   

LOCATION: From Winfred,SD on Hwy. 81-34 go 1-mile east (south side of the road) or at Junctions of 444^th Ave and Hwy. 81-34

LEGAL: The NE ¼ of Section 8-106-54

150.10 acres tillable balance in RROW

Production Index of 67. Soils include Clarno-Ethan loams, Lamo silty loams, and Whitewood loams. This Tract is rented to the Larry Weber Family for 2010 crop @ $150. per acre.

Annual Taxes are $1688.06

TRACT FIVE: 159.51 ACRES LAKE COUNTY (CLARNO TWP)



LOCATION: From Tract 3 directly to the south or From Junius, SD go 4-miles south (on the west side of the road). Or located at the Junction of 448^th and 238^th St.

LEGAL: NE ¼ of Section 1-105-54

143.36 acres tillable, 8.25 acres in waterways and balance in RROW

Production Index of 70. Soils include Egan-Wentworth, Beadle Clay loam, Egan-Ethan Complex, Clarno-Ethan loams, Whitewood clay loams, and others.

Annual Taxes are $1715.94

TRACT SIX: 160-ACRES LAKE COUNTY (FARMINGTON TWP)

   

LOCATION: From Ramona, SD west side go ½ mile south, 1-mile west, 1 ½ miles south (west side of the road) or Junction of 228^th St and 449^th Ave

LEGAL: SE ¼ of Section 7-107-53

159.82 acres tillable and the balance in RROW

Production Index of 75. Soils include Egan-Viborg loams, Whitewood silty loams, Egan-Beadle complex, Egan-Wentworth loams, Worthing loams and others

Annual Taxes are $1906.60

TRACT SEVEN: 2-ACRES LAKE COUNTY (NUNDA TWP)

LOCATION: From the SW corner of Nunda SD go 3-miles south on 359^th Ave and ¼ mile west on 226^th ST. (north side of the road).

LEGAL: The West 252.2’ of the East 1542.5’ of the South 345’ in the SE ¼ of Section 35-108-52

2-acres with a 1 ½ story home, NEEDS WORK. Lake County Zoning Director gave approval for a new home site. Gravel road to the south. Not all trees included with the property. Milo Stip Estate owner

Annual Taxes are $76.70

TRACT EIGHT: 320.5 ACRES McCOOK COUNTY (RAMSEY TWP)



LOCATION: Located at the Junctions of 246^th St and 454^th Ave or approx. 8-miles NE of Montrose SD

LEGAL: The E ½ of Section 13-104-53

292.15 acres tillable 16.79 acres in waterways and low-spots, balance in RROW

Production Index of 60. Soils include Egan-Ethan Complex, Baltic silty loams, Whitewood silt loams, Ethan-Betts loams and others.

Annual Taxes are $6,672.92

TRACT NINE: 160-ACRES MINER COUNTY (REDSTONE TWP)



LOCATION: From Carthage, SD go 3-miles west turn south on 421^st Ave for 1-mile then west on 223^rd St for 1-mile (located on south side of the road). Junction of 223^rd St. & 420^th Ave.

LEGAL: The NE ¼ of Section 20-108-58

155.69 acres tillable balance in RROW

Production Index of 78. Soils include Clarno-Bonilla loams, Clarno-Stickney-Tetonka and Crossplain Tetonka complex. Milo Stip Estate owner

Annual Taxes are $1665.22. Lays well has some low spots in the NE corner. There is no road bordering to the east. Fence post marks the boundary line between Tract 9 and 10.

TRACT TEN: 320-ACRES MINER COUNTY OFFERRED IN TWO TRACTS (REDSTONE TWP)



LOCATION: Directly to the east of Tract Nine or from Carthage, go 3-miles west, turn south on 421^st Ave for 1-mile turn west on 223^rd St. for ½ mile south side of the road

LEGAL: The West ½ of Section 21-108-58

313.03 acres tillable balance in RROW

Production Index of 76. Soils include Clarno-Bonilla, Clarno-Stickney-Tetonka Complex, Crossplain-Tetonka, and others. Milo Stip Estate owner

Annual Taxes are $3271.12. Has good gravel road on north and south sides. Dead road on the west side and is farmed through the right of way. Offerred as the North 160 (10A) or the South 160 (10B) or the combination. No boundary line exists between the two tracts.

TRACT ELEVEN: 160-ACRES MINER COUNTY (MINER TWP)



LOCATION: From Fedora, SD go 2-miles north turn west on 231^st go 2-miles located on the north side of the road. Dead miles from the 3-other directions. Junction 231^st & 419^th Ave.

LEGAL: SE ¼ of Section 30-107-58

FSA map shows 157.8 aces tillable

Production Index 59. Soils include Houdek-Dudley-Tetonka, Clarno-Bonilla, Bon loam, and Durrestein, and others. This Tract is rented for 2010 to Dan Voneye for $ 75. per acre.

Annual Taxes are $1428.40. Road removed on east side no boundary line marked. Channeled waterway through the middle with 2-stock dams. Wheat crop in 2009

TRACT TWELVE: 160-ACRES MINER COUNTY (ROSWELL TWP)



LOCATION: From Roswell, SD go east on Hwy 34 for 3-miles turn south on 429^th Ave for 4-miles, land is on the west side of the road. Junction of 429^th & 237^th St.

LEGAL: NE ¼ of Section 35-106-57

153.29 acres tillable, 1.67 acres in low spots balance in RROW.

Production Index 56. Soils include Houdek-Dudley-Tetonka, Crossplain-Tetonka, and Tetonka

Annual Taxes are $1299.62.

TRACT THIRTEEN: 160-ACRES MINER COUNTY (HOWARD TWP)



LOCATION: From the east side of Howard, SD go south on 435^th Ave for 5-miles, turn west on 238^th St for 2 ½ miles property on north side of the road. Junction 238^th St. & 432^nd Ave.

LEGAL: SW ¼ of Section 33-106-56

155.80 acres tillable, stock dam located in the SW corner

Production Index 65. Soils include Clarno-Stickney-Tetonka, Houdek-Dudley-Tetonka, Crossplain-Tetonka and Worthing soils

Annual Taxes are $1628.90

TRACT FOURTEEN: 145.85 ACRES HANSON COUNTY (PLEASANT TWP)



LOCATION: From Emery, SD go NW on Hwy. 262 for 3-miles (property on the north side of the Highway). Junction 426^th Ave. & Hwy 262

LEGAL: NE ¼ of Section 20, except South of the Railroad and less Lot H-2 in 102-57

143.45 acres tillable balance in RROW

Production Index 78. Soils include Clarno loams, Clarno-Davison, Tetonka, Clarno-Ethan, and others. This Tract is rented to Chris Weber for 2010 @ $ 110. per acre.

Annual Taxes are $1911.58. Irregular in shape from the highway, excellent soils

TRACT FIFTEEN: 160-ACRES HANSON COUNTY (TAYLOR TWP)



LOCATION: From the west edge of Emery, SD go south 2-miles to 263^rd St turn west for 4 ½ miles (property located on the north side of the road). Or at Junction of 263^rd St. and 425^th Ave.

LEGAL: SW ¼ of Section 5-101-57

155.25 acres tillable balance in RROW

Production Index 74. Soils include Hand loams, Clarno loams, Chaska and Tetonka loams and others

Annual Taxes are $2050.48. Has waterway passing through the middle divides into two fields

TRACT SIXTEEN: 477.25 ACRES DAVISON COUNTY (BADGER TWP)





LOCATION: From Loomis, SD Ethanol Plant go 4 miles west to 401^st Ave. then south 1 mile (property located on the east side of the road). At the Junction of 401 Ave and 248^th St.

LEGAL: The N ½ of Section 29-104-61 and the SE ¼ of 29 except Triangular Tract, which is half of the South 800’ of the West 300’ in 104-61

387.15 acres tillable, 81.59 acres in pasture and trees, balance in RROW

Production Index of 60. Soils include Enet, Blendon, Houdek-Prosper, Betts-Ethan, Bon Loam, Clarno-Houdek, Tetonka, Prosper, Chaska and others

Annual Taxes $3828.62. This property will be offered as 3-quarters or the entire tract. 16C SE ¼ has Firesteel Creek passing through, excellent hunting prospects. Dead road to the east provides for secluded, quiet place to fish or hunt.

16A NW ¼ 160-acre

16B NE ¼ 160-acres

16C SE ¼ 157.25 acres

TRACT SEVENTEEN: 80-ACRES DAVISON COUNTY (BADGER TWP)



LOCATION: From Loomis, SD go ½ mile south (property on the east side of the road). Or at the junction of 248^th St. and 405^th Ave

LEGAL: The W ½ of the NW ¼ of Section 25-104-61

77.27 acres tillable balance in RROW

Production Index 67. Soils include Hand-Davison, Fedora loam, Blendon loam and Enet.

Annual Taxes are $659.18. All tillable tract of land

TRACT EIGHTEEN: 93.05 ACRES SANBORN COUNTY (BUTLER TWP)



LOCATION: From Letcher, SD go 5-miles east turn south on Hwy 37 for 2 ½ miles (on the west side of the road). Junction of Hwy. 37 and 244^th St.

LEGAL: The SE ¼ of Section 33 except Lot A, including Lot A1, A2, and A3 of Moody’s 1^st add. and except Lot H-2 in 105-60

93.48 acres tillable

Production Index 72. Soils include Houdek-Stickney, Tetonka-Davison-Clarno, and Tetonka soils.

Annual Taxes are $897.37. Highly productive land with Hwy. 37 frontage mostly all one soil type

TRACT NINETEEN: 160-ACRES SANBORN COUNTY (BUTLER TWP)



LOCATION: From tract 18 go 1-mile west (north side of the road) or at the Junction of 244^th St. and 407^th Ave.

LEGAL: The SW ¼ of Section 32, 105-60

154.18 acres tillable balance in RROW

Production Index 80. Soils include Houdek-Prosper, Tetonka, and Houdek-Stickney loams.

Annual Taxes are $1680.94, all tillable lays well, good soil ratings

All tracts have had the fences removed, ditches mowed and are clean. All tracts are identified with a Wieman Auction sign and tract number. You may view these properties at your convenience or visit www.wiemanauction.com for further information or buyers packet. Or call 1-800-251-3111 and a packet can be mailed out containing the aerial and soil maps, FSA base and yields, and other pertinent information. At closing, buyers will receive full possession for the 2010 crop year with the exception of Tracts 4, 11 and 14. They are subject to existing lease for 2010 crop year.

All tracts will be sold by the acre and times the amount of acres on file with the courthouse. Tracts 1-13 the Lake, McCook and Miner County Land will be offered from 10:00 a.m. to 2:00 P.M. The balance of the Tracts 14-19 will be offered and sold from 2:00 until the last tract is sold. No Buyer Premium at our auctions. Everyone’s welcome to attend.

Cash sale on all tracts with 15% down payment (non-refundable) the day of the sale with the balance on or before February 1^st 2010. Owners title insurance to be used with the cost split 50-50 between the buyer and seller. Personal Representatives Deed to be granted. All 2009 taxes will be paid by the seller. All tracts except 4, 11, 14 are able to be farmed or leased for the 2010 crop year. All tracts are being sold subject to all restrictions, easements, and reservations on public record. Also being sold subject to the personal representative’s confirmation.

Wieman Land & Auction Co. Inc.                                                             Morgan Theeler LLP

Marion, SD 800-251-3111                                                                             Closing Attorney’s

Gary & Rich Wieman Land Brokers                                                         605-996-5588  Mitchell SD

Kevin, Mike, and Ryan & Derek Wieman BA                                         Mr. Jack Theeler

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Last modified: 01/30/10