TERMS & CONDITIONS OF REAL ESTATE AUCTION: Non-refundable down payment day of auction, Properties #1 & #2 require $25,000.00 each; Properties #3 & #4 require $10,000.00 each. The successful bidder shall enter into a non-contingent “As Is” purchase agreement on the day of auction prepared by David L. Veo Realty, Broker and pay non-revocable down payment to be held in escrow. The balance will be due at closing, approximately 30-45 days. Closing will be conducted by Seller's closing agent of choice. The seller will furnish marketable title to said property. The Real Estate will be considered sold when all parties have signed the purchase agreement. Bidding increases will be in such increments at the sole discretion of the auctioneer. Property is not subject to prior sale and is sold “as is” with owner confirmation. This property will be sold by its legal description. All announcements made by the auctioneer take precedence over any previous advertising or oral statements. Jokela Auction Co. and David L Veo Realty represent the seller in this transaction. Square footage dimensions and acreage amounts are based upon information provided by the seller and are believed to be correct; however, purchaser shall bear the responsibility to confirm all calculations prior to the auction. All information contained in this brochure was derived from sources believed to be correct but is not guaranteed. Jokela Auction Co. & David L. Veo Realty are not responsible for errors or omissions. BUYERS PREMIUM: 6% Buyers Premium will be added over and above the high bid. This will equal the total contract price. Payment is due at conclusion of auction. Accepted forms of payment are wire transfer or credit card only for internet bidders. Contact auction company at 218-538-6508 for wire transfer details. If paying by credit card, actual processing fee will be assessed.

WE WILL NOT ALLOW OR ACCEPT ANY CREDIT CARD CHARGE BACKS. Minnesota sales tax laws apply. 6.875% MN sales tax where applicable. 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. Jokela Auction Co. and David L. Veo Realty may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. In no event shall Jokela Auction Co. or David L. Veo Realty 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. Jokela Auction Co. or David L. Veo Realty shall endeavor to describe in detail each item and any pertinent information about it. Jokela Auction Co. and David L. Veo Realty will not be responsible for any errors or omissions in the description of the merchandise. Bidder agrees that everything is sold "As-Is" and "Where-Is" and that they may not return any item they purchase. Jokela Auction Co. and David L. Veo Realty 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 Jokela Auction Co. or David L. Veo Realty or anyone else if the internet service fails to work correctly before or during the live auction. Jokela Auction Co. and David L. Veo Realty 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. Jokela Auction Co. and David L. Veo Realty reserves the right to withdraw, re-catalog or change selling order on items in this auction. Purchaser is responsible for all document transfer fees. Preview of items is essential. Jokela Auction Co. makes no representation of accuracy of mileage or hour meter readings. Minnesota sales tax laws apply. Jokela Auction Co. is a licensed dealer, all titles will be transfered by our office. Transfer fees, document fees, registration fees, plate fees will be added to buyers high bid, All items will be taxed per state law, if you are exempt please contact auction company at 218-538-6508 and we will adjust accordingly. Please call in advance if you have questions.