PLEASE DO NOT BID UNTIL YOU HAVE READ THESE TERMS AND CONDITIONS OF SALE. TERMS FOR ONSITE AND ONLINE ARE STATED! LOT 7 IS NOT THE CITY OF WINSTON SALEMS IT IS INDIVIDUALS ONLINE BUYERS PAYMENT TERMS: Auction company will accept payment by Wire Transfer, Visa and Master card. PLEASE NOTIFY YOUR BANK PRIOR TO USING ANY CREDIT/DEBIT CARDS (VISA AND MASTERCARD ONLY) TO AVOID ANY DELAYS IN PROCESSING! For wiring instructions call 336-789-2926, ask for Susan, Leslie or Melanie. All successful online buyers must be available at the conclusion of the sale to make payment arrangements. All wire transfers must be scheduled with your bank on Monday, May 1st, 2017 before 12:00 PM EST to insure payment is transferred to Rogers Auction Trust Account by Tuesday May 2nd by 11:00am. After 48 hours Credit Card on file at time of registration will be charged if payment arrangements have not been otherwise made. ONSITE BUYERS PAYMENT TERMS: WHEN REGISTERING AT REGISTRATION TABLE ON SITE YOU MUST PRESENT A VALID DRIVERS LICENSE. Payment is to be made directly to Rogers Realty & Auction Co from the buyer on the same day as the auction. PAYMENT TERMS INCLUDE CASH, CASHIERS CHECK, CERTIFIED CHECK, PRE-APPROVED BANK LETTER OF GUARANTEE STATING THE AMOUNT TO BE COVERED BY THE CHECK AND DEBIT/CREDIT CARD (VISA AND MASTER CARD ONLY.)PLEASE NOTIFY YOUR BANK PRIOR TO USING ANY CREDIT/DEBIT CARD FOR PAYMENT IN ORDER TO AVOID DELAYS IN PROCESSING! See sample letter. If buyer does not pay in allotted time they will be banned from future City of Winston Salem Auctions. All items will be sold 'AS-IS' where is with all faults if any. Rogers Realty & Auction Co nor the City of Winston Salem (Seller) make any warrantee whatsoever. A 10% BUYERS PREMIUM will be added to all bids. IF PAYING BY CREDIT CARD 13%. PREVIEW: April 28th, 2017 9:00AM until 3:00PM EST. We strongly encourage online and onsite bidders to preview the assets being sold. All sales are final. No refunds will be given under any circumstances. No exceptions! Photos for online viewing and descriptions of rolling stock are not guaranteed to be correct. Buyer is responsible for determining the condition of all assets. Descriptions may change up to sale day! IT IS THE DUTY OF THE BIDDER TO PRESENT THEIR BID TO THE AUCTIONEER AND NOT THAT OF AUCTION SUPPORT STAFF, AUCTION RINGMAN, AUCTION BID ASSISTANTS, OR THE AUCTIONEER. Item Pick Up Schedule All articles, items or vehicles shall be removed from the sale area by the owner at their expense immediately following the auction. Buyers are responsible for all removal, loading, moving and hauling of all purchases. The auction company and/or the City of Winston do not have any way of loading vehicles/equipment. All items must be removed within 2 business days following the auction. Customers may remove items the day of the auction until 4:00pm, and May 1st and 2nd from 8AM til 4:00PM. REMOVAL TERMS: Equipment must be paid for in full prior to removal. Drivers are required to have paid receipt for load out. No Exceptions! IF YOU CAN NOT REMOVE ITEMS WITHIN ALLOTED TIME DO NOT BID! THIS IS FOR ONLINE AND ONSITE BIDDERS! Rogers Realty & Auction Company and the City of Winston will not provide loading or transportation. Buyer is responsible for all costs for loading and transportation. Rogers Realty & Auction Co., Inc. 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 Rogers Realty & Auction Co., Inc., City of Winston or anyone else working with online connections if the Internet service fails to work correctly before or during the live auction. Rogers Realty & Auction Co., Inc. and the City of Winston will not be responsible for any missed bids from any source. Rogers Realty & Auction Co., Inc. and the City of Winston reserves the right to withdraw or re-catalog items in this auction. RECORDS: The records of bookkeeper are final in case of a misunderstanding over the bid price for online and onsite. Auction will be taped. TYPE OF AUCTION: All items will be sold absolute. Buyer acknowledges that he/she has read and understands terms and conditions and will abide by all terms and conditions of sale. All items are sold AS IS, WHERE IS with no guarantees or warranties. Rogers Realty & Auction Co., Inc. and the City of Winston, NC, will not be responsible for any guarantees or warranties or for the genuineness of the description of the items purchased. CATALOG: The City of Winston Salem, NC, reserves the right to add or remove any vehicle or piece of equipment, whether listed or printed in the brochure. Although statements printed in the program and those made by the auctioneer have come from what is thought to be reliable sources, purchaser must understand he/she is buying property entirely upon his/her own examination and opinion. The auction company and city is not responsible for accuracy of descriptions including, but not limited to, make, model, horsepower, MPG, serial numbers, engine type, condition or mileage. Descriptions may be changed up to auction day. No property may be removed from premises before making settlement in full day of sale. All sales will be conducted according to applicable state laws. All articles, items or vehicles shall be removed from the sale area by owner at their expense immediately following the auction. Buyers are responsible for all removal, loading, moving and hauling of all purchases. Auction company and/or the City of Winston Salem does not have any way of loading vehicles/equipment. TITLES: will be mailed within 10 days of sale date by USPS mail. Titles will not be given to the buyer on site. Any announcements made at sale regarding the condition of vehicles or other items being auctioned supersedes descriptions made in program. Rogers Realty and Auction Co., Inc. reserves the right to refuse to register or to accept a bid from any person, corporation, partnership, joint venture, or other legal entity, which for any reason does not meet the sale terms. Subject to satisfactory payment by purchaser, at the fall of the auctioneer's hammer, ownership of item, articles or vehicle passes to the bidder designated by auctioneer saying 'sold' or otherwise declaring completion of sale. Thereupon the new owner assumes full responsibility for property purchased and agrees to the terms of the sale and further agrees to immediately sign a confirmation on the purchase price. ANY ANNOUNCEMENTS MADE DAY OF SALE SUPERSEDES PRINTED MATERIAL/WEBSITE INFORMATION. UNIFORM COMMERCIAL CODE: Section 2-328 of the UCC provides federal law regarding a sale by auction. The code reads that a sale by auction is complete when the auctioneer so announces by the fall of hammer or in other customary manner. A bid is a legal binding contract between bidder and auctioneer. Reopening a bid is at the sole discretion of the auctioneer. Failure to complete a payment in good faith, stopping payment on checks or refusing to pay for goods or assets purchased at auction may result in legal action against the buyer. TECHNICAL PROBLEMS: The auction company provides online bidding as a convenience for those that cannot attend the live auction. The auction company will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the auction company. The auction company reserves the right to extend bidding, delay bidding, continue with live bidding, or cancel bidding, without any notice to online bidders. DEFAULT OR DELAY: If the buyer does not pay in full for any reason they will be banned from attending auctions! The auction company reserves the right to reclaim and resale any assets not paid for by the online buyer. Should the resale price be lower than the defaulted buyer's price, Seller and/or Auction Company reserves the right to seek the difference from the initial online buyer. All fees for collection, court fees, or attorney fees will be the responsibility of the original buyer that caused the default. All sales are final. No refunds are given. DISCLAIMER: The auction company provides data, advertising, maps, that is believed to be correct but it is not guaranteed. Bidder's should rely on their own inspections and due diligence prior to bidding. Everything sells strictly AS IS. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, condition, age, color, or value of the merchandise or real property sold online. Buyer agrees that buyer may not cancel their purchase for any reason. - See more at: http://rogersauctiongroup.com BUYER ACKNOWLEDGEMENT: Buyer acknowledges that he/she has read, understands, and will abide by all terms and conditions of sale. - See more at: www.RogersAuctionGroup.com - NCAL#685. METHOD OF SALE: LICENSES: NC Firm #685, VA Firm # 2, SC Firm #1874