There is a 13% Buyer's Premium added to the selling price of all items, however there is a 3% Discount for paying cash or certified check or wire transfer. There is an additional 3% Buyer's Premium added to the selling price of all items purchased by internet bidding, which is a fee charged to the auctioneer by Proxibid. This fee is passed on to the customer as a direct cost of providing live internet bidding. We accept no checks, unless the check is accompanied with a bank letter of guarantee. Payment must be made by Tuesday, February 19, 2008 at 5:00 p.m., otherwise the merchandise will revert to the property of the Seller or the Auctioneer. The winning bidder not paying for their merchandise will be turned over to Proxibid and their collection agency. All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection on the day of the auction only, beginning at 8:00 a.m. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Lawler Auction Company may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Lawler Auction Company be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Lawler Auction Company shall endeavor to describe in detail each item and any pertinent information about it. Lawler Auction Company will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase. Lawler Auction Company is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Lawler Auction Company or anyone else if the Internet service fails to work correctly before or during the live auction. Lawler Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Lawler Auction Company reserves the right to withdraw or re-catalog items in this auction. All items must be removed from the auction site by Friday. February 22, 2008 at 4:00 p.m. Loading and handling of the items is the responsibility of the customer. Lawler Auction Co. or the Seller is not responsible to assist in the loading of any item purchased. Loading and transportation remains the sold responsibility of the Buyer. No item may be removed until the item is fully paid for. Access to Barksdale Air Force Base is restricted, therefore Buyer must understand that federal regulations regarding the entry onto the base be adhered to at all times. A government issued photo identification card is required upon entering the base. The driver of all vehicles must provide security with driver's license, registration of the vehicle, and proof of insurance at the gate. All customers must use the Industrial Drive Gate ONLY! All vehicles and trailers are subject to search. Do not attempt to bring firearms onto the base, even if they are in your vehicle. We suggest that you come early, as there may be security delays at the gate. This BIDDER CONTRACT entered into between the Bidder whose name is signed below and Lawler Auction Co. "Auctioneer", who is currently doing business at 7781 La. Highway 1 North, (Caddo Parish, Louisiana). Bidder agrees that this is a binding contract and that the terms listed below shall govern this auction and he/she agrees with them and will honor these terms. Additional terms may be posted at the registration table or announced from the auction block which are just as binding as the below listed terms. Full Payment: All items must be paid for before the Bidder leaves the auction site. Nothing may be removed until such items are fully paid for. Payment for items must be made in the form of cash, certified funds, cashier's check, or money order. A personal or business check may only be accepted as payment if accompanied by a Bank Letter Of Guarantee, and only if approved by Auctioneer or cashier prior to the auction. All purchases are subject to state and local sales tax laws. Bidder agrees not to stop payment or disallow a check for any reason whatsoever. Bidder is responsible for reimbursement to the Auctioneer for any expenses incurred for the collection of a returned check plus a $50 administrative fee or double the amount of the check, whichever is greater. Credit Card payments will be accepted. Furthermore, all credit card purchases are final and Bidder agrees not to disallow or dispute any credit card charges after they have been accepted on the day of the auction. No Warranty. Bidder understands that there is NO WARRANTY or guarantee of any kind whatsoever on any item sold. All items are sold "as is", "where is" without guarantees of any kind, expressed or implied! The descriptions of items appearing in advertisements prior to the auction and from the auction block are believed to be correct. Nevertheless, neither those descriptions nor any oral statements made by the owner (or his agents or officers) or the Auctioneer (or his agents or officers) concerning any item shall be construed as a warranty, either expressed or implied. The Auctioneer strongly recommends that the Bidder examine and inspect items closely before bidding on any item. The Bidder hereby agrees to accept any item the way that it is. Auctioneer is acting as the Agent for the Seller. The auctioneer, Lawler Auction Co., its employees, and subcontractors are acting as the "Agent" for the seller. Any disputes over titles or other ownership provisions is between the Buyer and the Seller. Buyer agrees to hold harmless and indemnify the Auctioneer, Lawler Auction Co., its employees, subcontractors, its agents, and employees from any claims or damages which might result from any auction. It is the sole responsibility of the Buyer to have conducted prior inspection of the seller's rights to sell, to inspect UCC filings (if any) on the equipment to be auctioned, and to inspect the ownership records of said equipment. Automobile Titles must be picked up from Lawler Auction Co., 7781 Hwy. 1 North, Shreveport, Louisiana, anytime after the following Friday after the auction. Buyer must call ahead and make an appointment to make sure someone is at the office, as the office is not always staffed. No titles will be mailed through the U. S. Mail. The Buyer may choose to have the titles sent via FedEx, provided that they Buyer pays a $20 fee in advance to Lawler Auction Co. (Multiple titles can be sent by FedEx at no additional charge). If Lawler Auction Co. accepts a check, titles will NOT be available until 15 working days have past. Safety Precautions should be made before removing any item from the auction site. The Auctioneer strongly suggests that the Bidder have any item, especially vehicles, examined by a qualified mechanic or qualified technician, prior to driving any purchased vehicle from the auction site. Some vehicles sold through the auction may or may not be suitable or mechanically safe to operate on the roadway, therefore the Bidder understands that any vehicle purchased through the auction should be inspected by a qualified person prior to driving any vehicle purchased. Disputes. The auctioneers of the sale shall designate the winning bidder after each item is auctioned. If a dispute arises between two or more bidders, the auctioneers have the right to reopen the bidding. The auctioneers designation of the buyer shall be final. Absentee Bids are gladly accepted by the Auctioneer. In accordance with Louisiana Law, the Auctioneer may bid on behalf of others who are not present, at the Auctioneer’s discretion. Buyer's Responsibility. After a Bidder has won the bid with his/her high bid, they have become the new owners of the item(s), even though they may not have paid for the item yet. The item(s) becomes the full and sole responsibility of the Buyer at this point, and the Buyer assumes all risk of loss and damage. Buyer's should guard their items accordingly. Lawler Auction Co. shall not be liable for theft, fire vandalism, or acts of God for items left at the auction site, regardless of when item(s) are picked up from the sale site. Items to be removed timely. Any item left on auction site shall be removed within five (5) business days, or sooner if posted at the registration table. It is the sole responsibility of the Bidder to load and remove his/her items from the auction site. Auctioneer shall not be required to provide a fork lift or any other means of loading, as such responsibility is that of the Bidder. The ownership of any item left on the auction site after five (5) business days may revert back to the Auctioneer, and the items may be disposed of accordingly. Injury or Damage: Bidder acknowledges responsibility for any personal injury or property damage caused by Bidder or his agent, and further agrees to hold Lawler Auction Co. (its agents, officers, owners, or customers) harmless from any personal injury to himself or his agents, family, guests, and any property damage incurred on auction site or auction premises. Bidder hereby acknowledges that Lawler Auction Co. may expel any person from the auction site for any reason whatsoever. If the Auctioneer requests that a bidder be removed, he must pay for his items, pick up his items and leave the auction site. An expelled Bidder may not return to any auctions conducted by Lawler Auction Co. for any reason whatsoever without written consent. Violators will be prosecuted with criminal charges. Reasons for suspension or expulsion may include, but not be limited to: failure to pay for items in any auction before leaving the auction site; returned checks, derogatory statements made about merchandise or auction patrons by a Bidder, disorderly conduct, failure to comply with auction rules, smoking in prohibited areas, or selling and trading on auction property without going through the auctioneer, unauthorized distribution of literature or flyers, or for bid rigging practices. Vehicle Liability Insurance: No vehicles shall be driven from Auction Facility unless legal liability insurance had been obtained.