Online bidders must have online bidder registration documents & deposits delivered to Auctioneer at least 48 hours prior to the auction. This will allow for processing your online registration approval. Visit www.JJManning.com for complete online bidding terms & forms AUCTIONEER’S DISCLAIMER The following information is provided to you as a matter of convenience only, and no representation or warranty, expressed or implied, is made as to its accuracy or completeness. Prospective purchasers of the auction property are responsible for conducting such due diligence of their own as they consider appropriate, prior to bidding at the auction sale. All information contained within this Property Information Package was derived from reliable sources and is believed to be correct, but is not guaranteed. Buyers shall rely entirely on their own judgment and inspection. Announcements from the Auction Block will take precedence over any previously printed material or any other oral statements made. TERMS & CONDITIONS Terms of Sale: 10% deposit per property of which Ten Thousand Dollars ($10,000.00) per property must be presented in cash, certified or bank check. Remainder of the 10% deposit in cash or personal check at the time and place of sale. Balance in 30 days. A. Make the certified deposit check(s) payable to yourself. If you are the successful bidder, you will endorse the check to the Escrow Agent. B. Closing will take place on or before 30 days from the auction unless otherwise agreed upon by Seller, in writing. C. A Buyer's Premium of TEN PERCENT (10%) will be added to the high bid. Their sum will constitute the Total Purchase Price. See Buyer's Premium explanation elsewhere in this Bidder Information Package. D. The properties are being sold "as is, with all faults". We encourage you to attend one of the previews and thoroughly inspect the properties. You must to rely on your own inspection and judgment when bidding on these properties. E. The properties are NOT being sold with a financing contingency, so we recommend that you pre-qualify yourself with your lending institution before bidding at the auction sale. This will allow you to bid with confidence! F. Other terms, if any, to be announced at the auction sale. Steps to bid online: Print out 3 copies of the Purchase & Sale agreement(s) P&S Agreements found in the PIP located at www.jjmanning.com. NOTE: Adobe Acrobat Reader software must be installed on your computer in order to view & print these documents. You can download the free sofware on Adobe's website. TWO Obtain a certified check for $10,000.00 payable to Jerome J. Manning & Co., Inc., Escrow Agent. THREE Sign all (3) copies of the Purchase & Sale agreement. Send these documents to: Jerome J. Manning & Co., Inc. Attn: Online Bidding Dept. 179 Old King's Highway Yarmouthport, MA 02675 (508) 362-1074 FOUR Once received, you will be contacted by a Jerome J. Manning & Co., Inc. representative. The Manning representative will give you a password which will allow you to bid online during the auction on www.proxibid.com FIVE Click the "Register" button on the sale posting on www.proxibid.com. SIX Bid on the property online on auction day using your password ONLINE HIGH BIDDER INSTRUCTIONS: ONE If you are the high bidder on the property, congratulations! TWO You will immediately be notified by email that : A. You are the high bidder B. Your pre-signed Purchase & Sale agreements will now be executed. C. You must wire transfer the additional deposit, required to bring your total deposit to 10% of the total sale price. THREE Wire transfer instructions will be emailed to you. FOUR Once the full deposit is recieved, you will be emailed a copy & mailed an original of the executed Purchase & Sale Agreement. FIVE Closing is to take place on or before 45 days from the auction. NOTE In the event your purchase price is not accepted by seller, your full deposit and signed P&S's will be returned via overnight delivery. All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. JJManning.com Auctioneers may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall JJManning.com Auctioneers 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. JJManning.com Auctioneers shall endeavor to describe in detail each item and any pertinent information about it. JJManning.com Auctioneers 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. JJManning.com Auctioneers 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 JJManning.com Auctioneers or anyone else if the Internet service fails to work correctly before or during the live auction. JJManning.com Auctioneers 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. JJManning.com Auctioneers reserves the right to withdraw or re-catalog items in this auction.