AUCTION TERMS 1. REGISTRATION: Bids will be accepted from registered bidders only. You MUST REGISTER at cowley1.com PRIOR TO BIDDING online. There is a one time $1.00 credit card registration/verification fee which allows access to the Auction Platform (AUCTION FLEX). Pre-paid Credit Cards are Not Accepted. A drivers License is required for registration if bidding Live, onsite. 2. AUCTION SALE: All bidders are responsible to independently verify the age, functionality, model, description, opearbility and condition of all items,and should inspect items before bidding. Individual appointments will be considered at the option of the Auction Company. Sold is its' "AS IS CONDITION" with any and all faults, in its condition at time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation and evaluation with respect to the items they wish to bid on, as they deem necessary or appropriate. ALL SALES ARE FINAL. 3. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER ONLY. 4. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning the auction sale. 5. BIDDING: PRE-SET Bid Increments for this Auction will be as follows: BIDS UP TO: INCREMENTS: Reserve $99.500 $100,000 $500.00 $ 9,999,999 $ 1,000.00 This is a Live Webcast Auction. The, onsite bidders, will be bidding against online bidders. The pace of the auction will be determined by the Auctioneer. 6. BUYER'S PREMIUM & SALES TAX: A BUYER PREMIUM of 4.00% will be charged on all items purchased. The BUYER'S PREMIUM will be added to the high bid to determine the final sale price. 7. PAYMENT: Deposit the same day of sale by wire transfer, credit card, cashiers check or pre-approved personal or business check made payable to Cowley Auction Company. Any returned checks, including those for insufficient funds, will subject to a fee of $50.00 and buyer/bidder will be responsible for any additional bank fees incurred to recoup the amount owed. If paying with a credit card, total purchase amount is subject to a 3.75% processing/clearing charge. ANY CHECKS ARE TO BE MADE PAYABLE TO: COWLEY Real Estate. 30 day closing on Real Estate. 8. REMOVAL OF ITEMS PURCHASED: N/A 9. INVENTORY LIST: N/A 10. ASSUMPTION OF RISK: Bidders entering upon the Property for the purpose of inspection or item removal, shall do so at their own risk. Auction company and seller assume no risk for bodily injury or damage to personal property. 11. WEBSITE: Visit cowley1.com for additional photos and other information. 12. GENERAL: The information contained here is subject to verification by all parties viewing it. No liability for its accuracy or any errors or omissions is assumed by Seller or the Auction Company.