AUCTION TERMS: You are buying this property as an on-going business opportunity which includes the business and real estate. However, the liquor license is not included in the sale and is available for purchase privately through the seller after the auction. This is an open outcry on-site auction on the property. For registration to become a bidder you must (1) register the day of sale with your driver's license (2) present the specified $50,000 non-refundable down payment, either in cash or bank check made out to Everest Title Co. Should you not be the highest accepted bidder you will receive your deposit back immediately. The high accepted bidder's deposit will be retained and used as earnest money to be credited towards the price of the property. Buyer will have 45 days or less to close through Everest Title Co. A 5% buyers premium will be added to the final bid. Preliminary title work has been started by Everest Title Co. and will close thru Everest Title Co. The purchaser will receive a General Warranty Deed. Taxes will be prorated until the day of close. This auction is being conducted by: Rosen & Co. Inc. Listing Realtor: Sheila Rosen-Schiff, Auctioneer/Realtor: Ross "Buddy" Barton III.