25 Acres Old Hwy 19 S Road Schley County, Georgia Parcel Number: 25301610004

TERMS AND CONDITIONS The following Terms and Conditions apply to all properties offered in this auction. Golden Shield Real Estate Team, LLC, hereinafter “Auctioneer”, shall be construed to apply to parent company (Golden Shield Essentials), affiliated companies, all officers, principals, employees, coop brokers and their agents or agents and/or any other representatives hired or contracted with the Auctioneer. Anyone participating in the auction by registering for the auction, placing a bid or bidding on behalf of another person or entity with a Power of Attorney shall hereafter be referred to as a “Bidder”. This is an Online Only Auction, by registering to bid on the internet you acknowledge that you have read and understand the terms and conditions of this auction and that you agree to abide by all terms and conditions as stated below. All auction properties sell “as is, where is” with any and all faults expressed or implied and with no guarantees or warranties either expressed or implied. Descriptions of the auction properties are believed to be correct and accurate and are provided from sources we deem to be reliable but are not guaranteed by the seller nor Golden Shield Real Estate Team, LLC. Bidders must rely solely on their own judgment as to condition, age, style, size and accuracy of descriptions prior to placing a bid. Where possible Golden Shield Real Estate Team will provide a Seller’s Disclosure on properties. By placing a bid, purchasers acknowledge and agree to all terms of the auction and agree not to retract their bid. Bidders that cannot satisfy the terms of the auction should not bid. All auction purchases are considered to have been verified by the purchaser as to condition, grade and authenticity prior to the purchaser placing their winning bid Important Closing & Earnest Money Reminder from Golden Shield Real Estate Team, LLC This auction is a cash sale not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding, and specified in the attached Contract for Sale of Real Property. Per the Contract for Sale of Real Property, ‘time is of the essence’; you should proceed to closing immediately upon acceptance of your offer. You must close the transaction on or before the date of 7/23/22. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve—you may be declared in breach of the contract, forfeit all earnest money deposits made, and could be additionally liable for any and all costs incurred by the seller and Golden Shield Real Estate Team, LLC, in a subsequent resale of the property. In the event a winning bidder fails to submit the signed “Contract for Sale of Real Property” and earnest money deposit as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. All administrative fees are nonrefundable. Additional default remedies are reserved by the Seller and Golden Shield Real Estate Team, LLC, as provided in the Auction Terms & Conditions and the “Contract for Sale of Real Property”. Bid with confidence, but please do not delay your closing! Helpful Tips to Keep in Mind Before & During Your Bidding Process 1) Bidding confirms you’ve inspected the property and read and agreed to the terms of sale in the Contract for Sale of Real Property — DO NOT BID unless you have done this! 2) Golden Shield Real Estate Team, LLC, reserves the right to remove or cancel the bids and or bidding privileges of the party at any time deemed not to be in the best interest of the seller. 3) All properties are sold “as-is” without any post auction inspections or repairs. 4) You must make an earnest money deposit and execute the Contract for Sale of Real Proper-ty within 24 hours of receipt of your contract package from Golden Shield Real Estate Team, LLC 5) You must close on the transaction on or before the date stipulated in the Contract for Sale of Real Property —there are no financing or inspection contingencies, or other delays allowed. 6) You are not allowed possession of the property until after closing. NO EXCEPTIONS. 7) You will also be responsible for all of the closing costs. (Please refer to Contract for Sale of Real Property). 8) All properties are subject to prior sale or removal from the auction. 9) Again, please read and review the terms and conditions of the Contract for Sale of Real Property. It is the document that controls this auction. FREQUENTLY ASKED QUESTIONS Is this an Absolute Auction or does it require the seller to approve the winning bid? On a property selling at Absolute Auction, the property listing will indicate the property sells at Absolute Auction which means the seller agrees to sell this property for the highest bid received during this Auction. A contract is made at the bid closing between the seller and the winning bidder. All other Auctions are subject to seller confirmation/approval of the final bid price. This method allows the seller to reserve the right to accept or decline any bid placed on the property. With either method our sellers are highly motivated to sell. The seller has elected to use the auction method to reduce their time in the market and convert the property to immediate cash. Can I use bank financing? Yes, however, there are no contingencies to these sales (i.e., financing, appraisal, repairs or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. Each property is being sold for cash “as-is, where-is” with a specific closing deadline specified in the Contract for Sale of Real Property. Can I use my own attorney/title company to examine title? Yes, however, the Contract for Sale of Real Property will govern the sale, specifically the designated Closing Attorney will conduct the closing and the buyer will pay said closing fees as indicated. Buyer may seek representation from other sources at their own expense. Am I responsible for the property before closing? No. DISCLAIMER Contract for Sale of Real Property: Each property is offered under the specific terms provided in the contract. The Contract for Sale of Real Property is available at www.goldenshieldrealestateteam.com. Please read and review the contract thoroughly prior to bidding on the property. If you have not read and reviewed the Contract for Sale of Real Property, Please Do Not Bid! Golden Shield Real Estate Team, LLC, has the sole authority to resolve any bidding disputes as they may arise. Auction End Times: All Golden Shield Real Estate Team, LLC, Online Real Estate Auctions are timed events and subject to extended bidding due to bidding activity. Golden Shield Real Estate Team, LLC, reserves the right to adjust the auto extension time period. Example: Golden Shield Real Estate Team, LLC, Online Real Estate Auctions have an auto extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes in addition to the time remaining on the auction clock at the time the bid was placed. Example: If an auction scheduled to end at 4:00 p.m. receives a bid at 3:59 p.m., the close time of the auction automatically extends to 4:05 p.m. The auto-extend feature remains active until no further bids are received on the entire bidding group of properties within the 5-minute time frame. Golden Shield Real Estate Team, LLC, reserves the right to adjust the auto extension time period. Bidder Verification: The identity of all bidders will be verified, bidding privileges are provisional, and if complete verification is not possible, Golden Shield Real Estate Team, LLC, reserves the right reject the registration, and bidding activity is subject to termination. Terms: At the close of the auction, successful bidder will be emailed the contract package to execute and return to Golden Shield Real Estate Team, LLC. Successful bidder will deposit 10% of the contract price as earnest money in the form of cashier's check or bank wire transfer with Golden Shield Real Estate Team, LLC, within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Contract for Sale of Real Property”. Should a property sale for $2500.00 or less the entire contract price, which is inclusive of the 10% buyer’s premium is due with execution of contract. Purchaser shall be responsible for all wire transfer fees. Buyer's Premium: A 10% Buyer’s Premium will be added to the bid price to determine the final contract price. 10% Buyer's Premium Example: Bid Price: $100,000.00 Plus 10% Buyer's Premium: $10,000.00, Total Contract Price: $110,000.00 Inspection: Each Bidder is encouraged to inspect the property prior to Bidding. Open houses will be posted for all properties or contact the coop broker for scheduled inspection times or for an appointment. Where no listing agent is identified, contact the auctioneer for information on how to obtain access to a property. If a property is identified as “Occupied” contact the auctioneer or listing agent to see if times are available for inspection and do not disturb the tenant. Broker Participation: Broker Participation is encouraged by the Auctioneer. A commission of 2% of the highest accepted bid (before adding a buyer’s premium) will be paid to any qualified licensed real estate broker that holds a current and valid license in the state where the property is located. Commissions will only be paid at closing. In order to qualify the broker must submit the Broker/Bidder Participation Form, prior to the bidder placing a bid or by 3:00 P.M. eastern time on the day preceding the auction, whichever comes first. UNDER NO CIRCUMSTANCE WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. A bidder is only allowed to be registered by one broker. Property Due Diligence Terms: All property is being sold “As-Is, Where-Is” with all faults and is selling subject to any existing restrictions, conditions, easements, zoning, property owners associations fees and all matters that may be reveled in a current survey, inspection and/or title examination. No warranty is expressed or implied as to the improvements, soil, environmental, wetlands, zoning or any other matters. The Auctioneer reserves the right to cancel the auction at any time, add properties or delete properties without notice. The seller reserves the right to reject any bid unless the property is selling “Absolute”. The Seller and their agents reserve the right to place bids on the property up to the Seller’s reserve. Any acceptance of a winning bid maybe rescinded by the Seller, in the seller’s sole discretion, for any reason prior to the Purchase and Sale Agreement being executed by the Seller, unless selling “Absolute”. Neither the Auctioneer nor Seller will be responsible for any omissions or errors related to this auction, these terms and conditions, the Purchase and Sale Agreement and/or the closing documents. All bidders shall carefully review, inspect, analyze, perform any test or other necessary due diligence prior to bidding. Bidders shall make their own determination as to the accuracy of any due diligence or information provided by the Auctioneer or Seller. No personal property will be conveyed unless specifically denoted in the Purchase and Sale Agreement. Auctioneer cannot guarantee the performance of the seller or seller obligations on any transaction. The terms of the Purchase and Sale Agreement shall prevail in the event of any inconstancies between the terms and conditions of the auction, announcements, communications by the Auctioneer and/or the Purchase and Sale Agreement. The Auctioneer is not responsible for any technical issues, missed bids or bids placed after the closing of the auction. The Auctioneer reserves the right, in its sole discretion, to revoke the bidding privileges of any bidder at any time for any reason. Technology Disruptions: Auctioneer will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) breakdown, disruption, or failure of a Bidder's internet connection, computer, or system, or (iii) otherwise. Auctioneer may, but will not be required to, continue, suspend, delay, extend, reschedule, or close the Auction because of disruptions caused by technology failures, even after bidding has commenced. Failures by Online Auction Platform Provider and its Affiliates or Contractors: Auctioneer may use an Online Auction Platform Provider to facilitate the Auction. Under no circumstances will Auctioneer be liable for any failure of the Online Auction Platform Provider to perform all or any of its obligations, or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations. Disclosure: As detailed in Rule 55-10-.01 (3) of the Georgia Auctioneers Commission: Any auction sale is, without requirement of announcement at any time, presumed to be with reserve unless the property is in explicit terms put up at absolute auction. According to Rule 55-10-.01 (4)(b) Golden shield Real Estate Team, LLC, and our sellers hereby give notice that bids may be made by the seller, or upon the seller’s behalf, at any auction with reserve. Contracts: Contract Packages will be sent by e-mail to the successful high bidder at the conclusion of the auction. Successful high bidder must execute and return the package back to Golden Shield Real Estate Team, LLC, along with the required earnest money deposit within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable. Auction Administrative Fee: In the event a winning bidder fails to submit the signed "Contract for Sale of Real Property" and the earnest money deposit as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by Seller and Golden Shield Real Estate Team, LLC. and the as provided in the Auction Terms & Conditions and the "Contract for Sale of Real Property". All administrative fees are non-refundable. Closing: Time being of the essence, the sale shall be closed on or before the date of 7/23/22. The purchaser will pay for all closing costs associated with the transaction. Please refer to the Contract for Sale of Real Property, it is the document that governs the sale. Agency Disclosure: In all transactions, Golden Shield Real Estate Team, LLC, is acting as agent for the seller, not as buyer's agent. Golden Shield Real Estate Team, LLC, reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time. At auctions with reserve, the seller and/or auctioneer reserves the right to bid on the Seller’s behalf. On all auctions, auctioneer reserves the right to bid on auctioneer’s behalf as permitted by law. Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidder for the bidder's convenience and it is the responsibility of the bidder to determine that information contained herein is ac-curate and complete. Any reliance on the contents shall be solely at the bidder’s risk. Bidder must conduct and rely solely upon their own investigations and inspections. The property is being sold "AS IS" with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. ADDITIONAL TERMS The On-Line Auction Platform of Golden Shield Real Estate Team, LLC, (GSRET) supplied for our customers, is for the auctioning of listed properties by GSRET and other co-op real estate brokers. GSRET is a traditional real estate broker / auctioneer. We offer a service for our clients for the expressed purpose of digital marketing and auction services to sell real property. GSRET, nor any of our affiliated companies, do not hold title to the property listed on the auction platform unless specifically noted in the description of the properties. You as purchaser acknowledge and agree that the Purchase Contract agreement which will be signed if you are the winning bidder is a contract between you (purchaser), GSRET and seller, and it expressly does not govern any other transaction between you and any other third-party vendors or brokers. You as customer (Bidder) are responsible for inputting and maintaining all correct contact information on our auction platform when registering for GSRET on-line auction, which includes names, phone numbers, physical address, and email address. Bidders release GSRET (and its affiliates, service providers, third party vendors, partners, parent company, co-branders, licensed agents, co-op brokers, payment processing partners, officers, directors, employees, contractors) form all damages, losses, liabilities, cost of expense, arising out of any disputes between you and any other user, buyer broker, or bidders third party vendor (inspector, appraiser and the like) relating to your bidding and purchasing on GSRET auction platform or property purchases. Purchasers / Bidders agree to indemnify and hold GSRET (and its affiliates, service providers, partners, parent company, co-branders, licensed agents, co-op brokers, payment processing partners, officers, directors, employees, contractors) harmless from any and all damages whether direct or indirect, incidental, consequential, or otherwise, from loss, liability, cost and expenses, fees, claims, or suits from you the purchaser or any one which purchaser has given your GSRET credentials and allowed them to bid on GSRET auction platform. Purchaser also understands that if bidder credentials have been passed to a third party and third-party bids using purchaser’s credentials that GSRET will hold the registered purchaser responsible for the earnest money payment, signing of contract, and closing on the purchase. GSRET may at their sole discretion, terminate your password, account, and any other part of your bidding privileges without notice. GSRET also, may remove and discard all bidder content without notice. Should GSRET close your account we will notify you of this action. GSRET reserves the right to change the terms and conditions on any property, by posting an update version at any time during the auction process. GSRET’s Auction Platform is not intended for access or use by children, or anyone under the age of 18 years of age. By accessing the GSRET auction platform, you represent that you have the legal capacity to enter into this agreement and to fulfill all obligations of the terms, deposit earnest money, sign contract, and have the funds in which to close the real estate transaction All bidders agree that upon bidding, you are acknowledging that you are expressing your interest in a particular property or properties, and that you have the capacity to execute a contract and fulfill all the terms of the contract, of which a sample is made a part of each property on the auction platform. All bidders acknowledge that GSRET is providing information gathered from public sources (property record cards, deeds, plats, and the like) and have also supplied a copy of “Sellers Disclosure” for each residential property where possible. We believe all information is accurate and complete to the best of our knowledge. GSRET strongly encourages each purchaser / bidder to do their own due diligence. We do not solicit property inspectors to inspect the properties before auction. Each bidder is relying on their on their own judgement before bidding and not GSRET. All properties are offered “AS IS.” GSRET assumes no liability for any error, omission, interruption, deletion, defect, delay, in operation or transmission, hardware or network failure, or alteration thereof. Purchaser / bidders understand that if you download any material regarding the use of the results of the auction platform you do so at your own risk. Each winning bidder agrees to have the ability to enter either a physical or electronic signature on all documents sent to or from GSRET and return to GSRET the same manner in which they have received. THANK YOU FOR PARTICIPATING IN OUR AUCTION!