LENDER OWNED AUCTION MANUFACTURING/DISTRIBUTION WAREHOUSE COMPLEX

Tuesday, June 14 - 11:00 am 1200 Bruce Street Crookston, MN  56716

65,000± Sq. Ft. 3 Buildings on 8.5 Acres of Land Located in the Crookston Industrial Park 371,114 sq. ft. at the intersection of Bruce and 3rd Avenue Southwest 41,490 Sq. Ft. Paved Parking Lot for 80 Cars Security Fence • City Utilities • Zoned Heavy Industrial Property is Like New • Excellent Layout for Multiple Tenants! Pre-Auction Offers for the Entirety will be accepted until Tuesday, May 24. Auction will be held OnSite! TRACT 1: Building A 38,600 Sq. Ft. Building Includes 5,000 Sq. Ft. 2nd Story Offices/Locker Room/Break Room Built in 1985 120’ x 280’ Precast Concrete Building 20’ Ceiling 24’ Walls 5” Concrete Floors 23,000 Sq. Ft. Production Space with Non-Load Bearing Partition at 160’ Storage, Design and Tooling Space Sprinkler System Two 2-Ton Overhead Cranes 2 Overhead Doors 1 Loading Dock TRACT 2: Building B 21,500 Sq. Ft. Heated 120’ x 179’ Steel Building 18' Sidewalls, 21' Center Built in 1994 5” Concrete Floors Primary Use Finishing, Shipping/Receiving Four Overhead Doors with a Double Loading Dock Bathrooms/Break Room 500 Sq. Ft. Office on Second Floor TRACT 3: Building C 4,800 Sq. Ft. Pole Building 60’ x 80’ with 15’ Ceiling Built in 2000 Primary Use Unheated Storage Single Overhead Door 200 Amp Electrical Built-In Storage Racking on Sidewalls TRACT 4: 2 Development Lots Two Development Lots on 3± Acres to be Sold Together as One Lot TRACT 5: Entirety Purchase of Tracts 1-4 TRACT 6: Wind Turbine Non-Operational Wind Turbine to be Removed Installed in 1987 80 kW If not sold separately, the wind turbine will be included with Building A. Buildings A, B, C, Two Development Land Lots, and Wind Turbine to be Sold as Separate Tracts or as an Entirety. Property will sell whichever way brings the highest dollar. INSPECTIONS: Monday, May 9 • noon - 5 pm Monday, May 23 • noon - 5 pm Monday, June 13 • noon - 5 pm Tuesday, June 14 • 9 am - 11 am Broker Participation is welcome, but not required. A 2% Commission will be paid to the licensed broker who registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.

Payment Info: 8% Buyer Premium. Persons must show $25,000 Certified Deposit at time of registration to obtain a bidding number. $25,000 Minimum Certified Deposit due on day of Sale, with a deposit equal to 10% due within 2 business days, and balance due at closing within 30 days. Deposits are non-refundable. Deposit to bid on wind turbine only is not needed. Payment on wind turbine is due within 24 hours.

Full Terms: Selling Subject to Owner Confirmation. Dan Rust, Rust, Stock, Rasmusson & Knutson, P.A. is handling the closing. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number. Principal Auctioneer Tyler Maas #55-145. Diane Maas, President.

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