ONLINE BIDDING BEGINS: SUNDAY, JULY 25, 2021 AT 9AM LOTS START CLOSING: MONDAY, AUGUST 16, 2021 AT 1PM (STAGGERED END TIMES) * The Timed Online Auction will be utilizing a staggered end time of (3) Lots ending every (2) minutes. Extending bidding will continue into the next end time until there is no bid for a full 2 minute period. (Lots 1-3 end at 1PM, Lots 4-6 end at 1:02PM, Lots 7-9 end at 1:04PM, etc. unless the lot is in extended bidding.) TERMS: Valid credit card required to bid. US Funds: VISA/MC, WIRE TRANSFER, OR YOUR GOOD CHECK. OUT OF STATE CHECKS WILL REQUIRE A BANK LETTER OF GUARANTEE. IF YOU ARE FROM OUTSIDE THE STATE OF MAINE AND PAYING BY CHECK, BANK LETTER MUST BE SENT TO AUCTIONEERS OFFICE PRIOR TO CONCLUSION OF AUCTION ON AUGUST 16TH. LETTER CAN BE SENT TO EMAIL: INFO@KEENANAUCTION.COM OR BY FAX TO 207-885-5877. 17% Buyer's Premium. AUCTIONEER WILL CHARGE BUYER'S CREDIT CARD AT THE CONCLUSION OF THE AUCTION UNLESS BUYER CHOOSES TO WIRE TRANSFER OR PAY BY CHECK. ALL SALES ARE FINAL. In the event of a credit card charge-back, buyer will be responsible for any incurred reasonable administrative and legal fees. TRANSFER OF OWNERSHIP & RISK OF LOSS: Once you become a winning bidder, risk of loss and title transfers according to the Uniform Commercial Code (UCC) and you are responsible for your own merchandise. Please watch your merchandise after you have become the winning bidder. Auctioneer is not responsible for lost, stolen or damaged items. Until the auction has been concluded and all auctioned items paid for in full & removed in accordance with the procedures set forth below, no bidder may transfer, or agree to transfer, any item to another person or entity. Buyer is responsible for all risk of loss or damage immediately upon purchase of the vehicle or item, and Buyers should make their own insurance arrangements prior to attending the auction. Keenan Auction Company provides no such insurance and is not an insurer of any vehicle or other article offered for sale. SALES TAX: 5.5% Maine sales tax on all items. Dealers or exempt agencies must provide us with a copy of their resale certificate at time of registration. Out-of-state residents must complete form ST-A-106 “Affidavit of Exemption for Immediate Removal” from the Maine Revenue Service at time of settlement and prior to removing vehicle to their state of residency. DOCUMENT FEES: Items requiring State of Maine motor vehicle paperwork will be assessed the following document fees: $68 for titled vehicles and trailers weighing over 3,000lbs (1995 and newer) and $20 for vehicles and trailers (1994 and older). Fees will be added to your invoice. For titled vehicles, a title application will be sent directly to the state and a title will be mailed to the address that buyer lists on title application. Dealers and out-of-state buyers, doc fees will remain at $35 for titled vehicles. TITLED VEHICLES: A motor vehicle 1994 and older is exempt from a Certificate of Title in the State of Maine. Titled vehicles paid for with a check, buyer will receive title in 10 business days from the date of sale. REMOVAL OF MERCHANDISE: Items may be removed after complete payment has been made. Removal Tuesday, August 17th from 8AM until 12PM. LOCAL TRANSPORT COMPANIES: - BILLS AUTO TRANSPORT, INC. 624 RT. 202, GREENE, ME 207-946-7262 - Midnight Auto Transport, Portland, ME 207-420-8155 - Emerald Auto Transport Portland, ME (800) 585-2529 - Asheville Auto Transport, Inc. Lewiston, ME 207-782-7648 DISCLAIMER: While descriptions are believed to be correct, the Auctioneer and the Seller make no warranties or guarantees, expressed or implied as to the genuineness, authenticity of, or defects in any lot, and will not be held responsible for advertising discrepancies or inaccuracies. Purchaser acknowledges that purchaser has had the opportunity to inspect the lots and that everything is sold on an "AS IS", "WHERE IS" basis except as expressly made in writing. No warranties are made as to the merchantability of any item or their fitness for any purpose. Auctioneer and Seller do not guarantee the accuracy or completeness of the information contained in this catalog. Purchasers should verify and inspect desired items/lots prior to bidding. All statements printed in the auction catalogues; ads, brochures, signs and car cards as well as verbal statements made by the auctioneer or staff, have come from the Seller and are accepted as reliable. Auctioneer assumes no responsibility or liability for representations made by Sellers and shall have no obligation to verify or authenticate such statements or claims. Any announcements made sale day supersede printed information in the catalogues, ads, brochures, signs and car cards. DAMAGES: Buyer does hereby indemnify and hold harmless Auctioneer and Seller from any and all damages and claims of any type whatsoever, caused during the auction or arising out of the auction, or by the removal of the merchandise purchased. Buyer will be held responsible for any damage Buyer may create to the real property, other merchandise at the sale, or parties during the removal process. The Buyer, whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company Buyer represents, both jointly and severally agrees to indemnify and save harmless Auctioneer and Seller and their employees, agents, and attorneys, and real property owner from any and all actions, causes of action, suits, damages, costs, and losses of any nature, including injury and death, arising from the purchase or use of any merchandise, or the attendance or participation of Bidder, his/her agents or employees, at the auction and/or on the auction site whether before, during, or after the auction. DISPUTES: If any dispute arises between two or more bidders, the Auctioneer at his sole option may put up the lot again for sale at once and resell to the highest bidder. BIDS MAY NOT BE RETRACTED 48 HOURS PRIOR TO THE END OF THE AUCTION. BIDDING: The Auctioneer reserves the right to bid and to reject any and all bids including any bid, which is only a fractional advance over the preceding bid. LOTTING: The Auctioneer reserves the right to group one or more lots into one or more selling lots and to add to or delete from lots at Auctioneer's sole discretion. Absentee bids will not be accepted. BREACH: Because the Vehicle and assets subject to this agreement are unique, breach of this agreement is not fully remedied by monetary damages. Therefore, in addition to all rights and remedies available in law or equity, Keenan Auction Company shall have the following rights and remedies: (i) The right to an order for specific performance requiring Bidder to pay the Final Settlement Figure and take possession of the Vehicle; (ii) The right to resell, at public or private auction, any Vehicle upon fifteen (15) days written notice to Bidder and hold Bidder liable for the difference between the amount received at public or private auction and the Final Settlement Figure, plus all costs of storage and removal of the Vehicle, and all costs and expenses of sale; (iii) The right to sue for damages in the amount of the difference between the Final Settlement Figure and the fair market value of the Vehicle; and (iv) The right to rescind the sale and retain as liquidated damages any amount paid to Keenan Auction Company by Bidder. Bidder shall be limited to an action for damages against the owner of the Vehicle, without right of rescission, upon the auctioneer's call of "Sold" and Buyer shall not be permitted to maintain any action for consequential damages. In addition, Buyer agrees to pay any and all charges and expenses incurred by reason of any breach of the Terms and Conditions of Sale, including without limitation reasonable attorney's fees. CHECKS: If any check given in payment is dishonored for any reason (including but not limited to insufficient funds, stop payment or the like), Buyer agrees, whether such check is signed by Buyer as maker or endorser, that if such check is placed in the hands of an attorney for collection, to pay all reasonable attorney fees incurred, together with all court costs and associated expenses in the event suit is instituted. DEFAULT: In the event the Purchaser fails to pay the whole of the purchase price within the time set forth by the Seller, and/or fails to comply with any of the Terms and Conditions of Sale, the Seller may retain and/or recover the deposit specified as liquidated damages, and in addition thereto, can be resold at public or private sale without further notice. Any deficiency resulting from such resale shall be paid to the Seller by such resale and enforcement of the obligation there under. Buyer agrees to pay any and all charges and expenses incurred by reason of any breach of the Terms and Conditions of Sale, including without limitation reasonable attorney's fees. PLEASE NOTE: By registering for this auction you have agreed to, and are bound contractually to the terms and conditions of this sale and understand that any bid you make falls under the Maine Auction Law, Title II, Section 2-328 of the Uniform Commercial Code, and the Statute of Frauds. Maine auctions are under the jurisdiction of the State of Maine Department of Professional and Financial Regulations, Board of Licensure of Auctioneers, 35 State House Station, Augusta, Maine, 04330. If you do not agree with the Terms and Conditions of the Sale, please do not bid.