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Agder Twp 01.0019.000 Maxply Farmland Holdings GP David & Barbara Rodahl WD 1/12/2017 W1/2 NW1/4 Sec 17 T-155 R-42 # Acres 80 # Till Acres 77 # CRP Acres 0 $169,636 $100,100 Agder Twp 01.0026.000 Maxply Farmland Holdings GP David & Barbara Rodahl WD 1/12/2017 NE1/4 less 15 ac Sec 18 T-155 R-42 # Acres 145 # Till Acres 134 # CRP Acres 0 $296,864 $203,100 Alma Twp 02.0110.000 02.0111.000 CAP Investment Partnership LLLP Leonard Nowacki Etal WD 2/7/2017 NW 1/4 & NE 1/4 SW 1/4 Sec 21 T-156 R-47 # Acres 200 # Till Acres 195 # CRP Acres 0 $750,000 $663,000 Augsburg Twp 03.0141.000 Keith Szczepansli etal The Szklarski Trust WD 12/14/2017 11 ac woods NW1/4, NW1/4 NE1/4 (less.) Sec 35 T-158 R-47 # Acres 197 # Till Acres 177 # CRP Acres 0 $224,900 $224,900 Big Woods Twp 04.0145.000 04.0144.001 Christian Erickson William & Renate Harrison WD 12/15/2017 1/18/2017 $2,120 1/18/2017 $2,047 3/14/2017 $3,750 12/22/2017 $1,142 12/20/2017 # Acres 120 # Till Acres 115 # CRP Acres 0 N1/2 NE 1/4, SE 1/4 NE 1/4 Sec 27 T-156 R-50 $312,000 $322,000 $2,600 Page 1 of 10

Big Woods Twp 04.0145.001 Christian Erickson William & Lisa McKinney WD 12/15/2017 SW1/4 NE1/4, W1/2 SE1/4 T-156 R-50 # Acres 120 # Till Acres 114 # CRP Acres 0 $312,000 $322,300 Bloomer Twp 05.0056.000 Patrick Osowski Verla Stuart Revocable Trust TD 8/24/2017 E1/2 SE1/4 Sec 11 T-156 R-49 # Acres 80 # Till Acres 78 # CRP Acres 0 $234,000 $265,200 Cedar Twp 07.0032.000 Raymond & Cynthia Rybakowski Smith-Stromgren Family Rev Trust TD 4/14/2017 S 1/2 SE 1/4 Less 14.76 ac Sec 6 T-157 R-42 # Acres 65 # Till Acres 58 # CRP Acres 0 $56,916 $55,300 Comstock Twp 09.0183.000 Trudy Beret Erickson Douglas & Mary Safar WD 4/28/2017 Property Type Ag w/ Outbldgs Use change Ag to Res E1/2 SW1/4 SE1/4 Sec 35 T-155 R-46 # Acres 20 # Till Acres 13 # CRP Acres 0 $37,000 $41,600 Eckvoll Twp 14.0007.003 Hunter McMillin Orlin & Amanda Ostby WD 2/7/2017 12/20/2017 $2,600 8/29/2017 $2,925 5/10/2017 $876 6/19/2017 $1,850 5/1/2017 # Acres 122 # Till Acres 114 # CRP Acres 0 $180,000 $182,400 $1,475 SE 1/4 Sec 2 T-156 R-40 Less 36 ac Page 2 of 10

Eckvoll Twp 14.0054.000 Jayce & Emily Olson Michael & Angela Mickelson WD 12/26/2017 1/4/2018 Property Type Ag w/ House 1.25/0 = 572 sq ft, 1/0 = 820 sq ft, Detached = 384 sq ft NE 1/4 NW 1/4 (less E 8 ac ) Sec 25 T-156 R-40 # Acres 50 # Till Acres 41 # CRP Acres 0 $110,000 $166,300 YrBlt: 1973 StHgt: 1.25/0 Garage: 1 Det Excel Twp 16.0025.001 BRAF Farmland Holdings GP Phil Kvalvog WD 2/1/2017 $2,200 2/8/2017 S1/2 NW1/4 & Lots 3 & 4 Sec 4 T- 155 R- 43 less 34 ac of lots 3 & 4 # Acres 147 # Till Acres 146 # CRP Acres 0 $332,955 $178,200 Excel Twp 16.0026.000 52.0015.000, 52.0017.003 BRAF Farmland Holdings GP Ray & Kathi Kvalvog WD 2/1/2017 # Acres 159 # Till Acres 146 # CRP Acres 0 N1/2 SW1/4 Sec 4 T-155 R-43 & Part of SW1/4 SW1/4 & Part of SE 1/4 SW1/4, & Part of NE1/4 $322,045 Holt City $197,900 Excel Twp 16.0153.003 Steve & Amy Olson Jayson & Mary Jo Ottesen WD 2/28/2017 unqualified pre-foreclosure sale S1/2 NE1/4 T-155 R-43 # Acres 80 # Till Acres 79 # CRP Acres 0 $112,000 $126,400 Foldahl Twp 17.0035.000 Thomas & Carol Tulibaski Darrel & Joyce Qualley WD 4/28/2017 $2,265 2/16/2017 $2,025 3/28/2017 $1,400 8/1/2017 # Acres 10 # Till Acres 10 # CRP Acres 0 $15,000 $17,000 $1,500 NE 1/4 NE 1/4 NE 1/4 Sec 7 T-156 R-46 Page 3 of 10

Foldahl Twp 17.0036.000 Thomas & Carol Tulibaski Ronald & Sandra Qualley WD 4/27/2017 NW 1/4 NE 1/4 NE 1/4 Sec 7 T-156 R-46 # Acres 10 # Till Acres 10 # CRP Acres 0 $15,000 $17,000 Foldahl Twp 17.0037.000 Thomas & Carol Tulibaski RLDR Farms WD 4/28/2017 SW 1/4 NE 1/4 NE 1/4 Sec 7 T-156 R-46 # Acres 10 # Till Acres 10 # CRP Acres 0 $15,000 $17,000 Foldahl Twp 17.0038.000 Thomas & Carol Tulibaski John Qualley etal WD 4/28/2017 SE1/4 NE1/4 NE1/4 Sec 7 T-156 R-46 # Acres 10 # Till Acres 10 # CRP Acres 0 $15,000 $17,000 Grand Plain Twp 19.0019.000 19.0022.000 David & Susan Philipp Constance Philipp PerRep 2/9/2017 Property Type Ag w/ Outbldgs SE 1/4 Sec 20 & SW 1/4 Sec 21 T-155 R-41 # Acres 320 # Till Acres 312 # CRP Acres 0 bldgs old & in poor cndtn, Sale is relative but above market and not an extremely close relative $819,450 $614,400 Grand Plain Twp 19.0020.000 Scott & Kimberly Philipp Constance Philipp PerRep 2/9/2017 8/1/2017 $1,500 8/1/2017 $1,500 8/1/2017 $1,500 2/22/2017 $2,561 2/22/2017 # Acres 160 # Till Acres 154 # CRP Acres 0 Sale is relative but above market price and not an extremely close relative SW 1/4 NE1/4, SE1/4NW1/4 & E1/2NE1/4 Sec 21 T-155 R-41 $380,550 $294,900 $2,378 Page 4 of 10

Grand Plain Twp 19.0024.000 19.0024.002 19.0025.001 Faculty Road (MN) GP John Frahm WD 5/16/2017 # Acres 466 # Till Acres 455 # CRP Acres 0 N 1/2 NE 1/4, S 1/2 SW 1/4, S 1/2 SW 1/4, S 1/2 NE 1/4, N 1/2 SW 1/4 except 10 ac Sec 22 T- $1,024,553 $857,000 Grand Plain Twp 19.0029.000 19.0027.001 Faculty Road (MN) GP John Frahm WD 5/16/2017 S1/2 less 10 ac Sec 23, SW 1/4 Sec 24 T-155 R-41 # Acres 470 # Till Acres 462 # CRP Acres 0 $1,041,837 $877,800 Grand Plain Twp 19.0030.000 Faculty Road (MN) GP John Frahm WD 5/16/2017 All of Sec 25 T-155 R-41 # Acres 634 # Till Acres 624 # CRP Acres 0 $1,413,745 $1,185,600 Grand Plain Twp 19.0035.000 George Hall John Frahm WD 3/2/2017 1031 Exchange N1/2 NE 1/4 Sec 27 T-155 R-41 # Acres 75 # Till Acres 72 # CRP Acres 0 $165,000 $136,800 Grand Plain Twp 19.0079.000 Faculty Road (MN) GP John Frahm WD 5/16/2017 5/31/2017 $2,199 5/31/2017 $2,217 5/31/2017 $2,230 3/16/2017 $2,200 5/31/2017 Property Type Ag w/ Outbldgs # Acres 160 # Till Acres 156 # CRP Acres 0 $353,116 $301,100 $2,207 3 2700 bu bins NW 1/4 Sec 36 T-155 R-41 Page 5 of 10

Moylan Twp 28.0096.000 Adirondack Farmland Holdings GP John Schwenk WD 12/13/2017 W 1/2 NW 1/4, W 1/2 SW 1/4 Sec 20 T-155 R-40 # Acres 160 # Till Acres 158 # CRP Acres 0 $347,270 $300,200 Moylan Twp 28.0129.000 28.0128.003 Adirondack Farmland Holdings GP John Frahm WD 12/7/2017 N1/2 NW1/4 (Less.) & S1/2 NW1/4 Sec 28 T-155 R-40 # Acres 148 # Till Acres 143 # CRP Acres 0 $324,075 $273,300 Moylan Twp 28.0130.000 Adirondack Farmland Holdings GP John S Frahm WD 12/4/2017 N1/2 SW 1/4 Sec 28 T-155 R-40 # Acres 80 # Till Acres 79 # CRP Acres 0 $174,000 $150,100 New Folden Twp 30.0173.000 Joel Mattson Leonard & Anita Blazejewski CD 9/26/2017 12/21/2017 $2,170 12/14/2017 $2,190 12/14/2017 $2,175 10/6/2017 Property Type Ag w/ House # Acres 169 # Till Acres 145 # CRP Acres 0 $355,000 $360,800 $2,101 Ag with outbldgs StHgt: 1/0 Garage: 2 Det Govt Lot 2, SE1/4 NW1/4 and E1/2 SW1/4 less @ 4 ac Sec 30 T-156 R-44 New Solum Twp 32.0261.003 32.0280.003 Douglas & Deborah Reierson Pearl Johnson WD 12/8/2017 12/11/2017 # Acres 88 # Till Acres 86 # CRP Acres 0 $100,000 $103,800 $1,136 Parts of Sec 3 and 4 T-154 R-44 Page 6 of 10

New Solum Twp 32.0289.000 Pierce Investments LLC Dale Crisp Etal WD 10/19/2017 W 1/2 Sec 5 T-154 R-44 # Acres 326 # Till Acres 326 # CRP Acres 0 $244,500 $277,100 Oak Park Twp 33.0004.000 Scott Field Bruce Overlid Etal WD 3/15/2017 NW 1/4 NW 1/4 Sec 1 T-155 R-50 # Acres 40 # Till Acres 37 # CRP Acres 0 $102,000 $118,400 Oak Park Twp 33.0184.005 Fred Holter Hilton & Ruby Hjelle WD 3/7/2017 Govt Lot 4 less prt S of twp rd & easterly 66' Sec 30 T-155 R-50 # Acres 30 # Till Acres 29 # CRP Acres 0 $51,170 $75,400 Sinnott Twp 36.0094.000 36.0095.000 Raymond & Katherine Kvalvog Marilyn Gearge Estate PerRep 4/20/2017 Lots 1 & 2 and NE 1/4 SW 1/4 Sec 19 T-158 R-48 # Acres 124 # Till Acres 119 # CRP Acres 0 $320,000 $345,100 Sinnott Twp 36.0096.000 36.0097.000 Raymond & Katherine Kvalvog R Duane Hendricks WD 5/15/2017 10/24/2017 $750 4/4/2017 $2,550 4/19/2017 $1,706 5/19/2017 $2,581 5/22/2017 # Acres 42 # Till Acres 37 # CRP Acres 0 $99,900 $107,300 $2,379 NW 1/4 SW 1/4 Sec 19 T-158 R-48 Page 7 of 10

Spruce Valley Twp 37.0041.000 Homes & Lands LLC Barbara Bergeron WD 8/15/2017 N1/2 S1/2 NE 1/4 Sec 7 T-157 R-43 # Acres 40 # Till Acres 39 # CRP Acres 0 $11,000 $33,200 Spruce Valley Twp 37.0131.003 David & Karleen Thompson Kevin & Beth Halme WD 11/21/2017 # Acres 300 # Till Acres 293 # CRP Acres 82 SW 1/4 NW/4, E1/2 NW1/4, NE1/4SE1/4 & NE1/4 (Less part of W1/2) Sec 22 T-157 R-43 $392,600 $315,700 Tamarac Twp 38.0050.004 Lance & Dana Woinarowicz Alvern Benson WD 6/15/2017 Part of the N1/2 Sec 9 T-157 R-48 # Acres 52 # Till Acres 13 # CRP Acres 0 $45,000 $75,000 Valley Twp 40.0102.000 Jared & Kristie Moe Thelma Franzman Etal WD 2/14/2017 Property Type Ag w/ House N1/2 NW1/4 Sec 25 T-156 R-39 less.6 ac for Hwy ROW # Acres 80 # Till Acres 67 # CRP Acres 0 $80,000 $135,600 YrBlt: 1936 StHgt: 1.25/B Garage: Vega Twp 41.0082.000 John & Linda Aarstad Ronald Hickman Etal WD 5/3/2017 8/24/2017 $275 12/1/2017 $1,309 7/11/2017 $865 5/8/2017 $1,000 5/4/2017 # Acres 73 # Till Acres 72 # CRP Acres 0 $215,000 $244,800 $2,945 with crv 32714 partial interest E 1/2 SW 1/4 Sec 13 T-155 R-49 less @ 7.42 ac Page 8 of 10

Viking Twp 43.0020.000 Brandon & Sadie Gornowicz Dennis & Brenda Johnson WD 8/25/2017 6 ac wds on parcel Govt Lot 4 Sec 5 T-155 R-44 # Acres 40 # Till Acres 31 # CRP Acres 0 $100,000 $60,700 Viking Twp 43.0118.000 Oliver Urdahl Triple RT Inc WD 8/17/2017 Property Type Ag w/ House Hse in fair to poor condition NW 1/4 Sec 24 T-155 R-45 # Acres 160 # Till Acres 100 # CRP Acres 0 $152,000 $202,000 YrBlt: 1895 StHgt: 1.25/0 Garage: West Valley Twp 46.0039.000 Jason & Erin Blazejewski Lucille Haugen WD 9/12/2017 Lot 3 & NE1/4 SW1/4 Sec 7 T-157 R-45 # Acres 80 # Till Acres 79 # CRP Acres 0 $75,000 $75,100 West Valley Twp 46.0064.000 46.0058.000 James & Christine Jacobson Neil Anderson Etal WD 9/14/2017 NE 1/4 (less @ 5 ac) Sec 11 & W1/2 SW1/4 (Less @ 5.344 ac) Sec 10 T-157 R-45 # Acres 230 # Till Acres 188 # CRP Acres 0 $184,500 $243,400 Wright Twp 48.0058.003 Aaron Blazejewski Lucille Haugen WD 9/12/2017 8/28/2017 $2,500 8/18/2017 $950 9/13/2017 $938 11/16/2017 $802 9/13/2017 # Acres 148 # Till Acres 134 # CRP Acres 14 $150,000 $161,900 $1,014 NE 1/4 less part thereof Sec 12 T-157 R-46 Page 9 of 10

Wright Twp 48.0067.000 Aaron Blazejewski Sheila Bielski Trust TD 5/11/2017 NW1/4 SW1/4, SW1/4 NW1/4 Sec 13 T-157 R-46 less.8 acres # Acres 79 # Till Acres 77 # CRP Acres 0 $75,200 $71,700 Stephen City 56.0425.007 Alex Anderson Douglas & Robyn Wonnenberg WD 10/4/2017 6/6/2017 $952 10/10/2017 Property Type Ag w/ Outbldgs # Acres 0 # Till Acres 0 # CRP Acres 0 $200,000 $195,900 #Div/0! Farm Shop and Hopper Bins Auditor's Subdivision City of Stephen Page 10 of 10