REAL ESTATE TERMS AND CONDITIONS Terms: 12% Buyer's Premium will be added to the high bid to arrive at total contract price. The successful bidder will be required to make a 20% down payment of the arrived at contract price on auction day and pay the balance at closing within 30 days of the auction. The down payment due on auction day will be made in the form of cash or wire transfer. Bank letter of Gauranty up to or exceeding the amount of transaction will be required to register to bid. Wire transfer must be made no later than the following Monday. Property is being sold "as is, where is" with no contingencies. Bidders should rely solely on their own due diligence and inspection of the property. All bidders must satisfy themselves as to the condition and usefulness of the property prior to sale time. The sale is not subject to the buyer's ability to obtain financing. Should the buyer default and fail to close, the buyer will lose his/her down payment. All information regarding this auction was derived from sources believed to be true and correct, but is not guaranteed. The sale of real property will be subject to owner's confirmation. Closing costs will be the responsibility of the buyer. Announcements made on auction day supersede any and all previously released information. Property is being sold "as is, where is" with no contingencies. Bidders should rely solely on their own due diligence and inspection of the property. All bidders must satisfy themselves as to the condition and usefulness of the property prior to sale time. The sale is not subject to the buyer's ability to obtain financing. Should the buyer default and fail to close, the buyer will lose his/her down payment. All information regarding this auction was derived from sources believed to be true and correct, but is not guaranteed. The sale of real property will be subject to owner's confirmation. Closing costs will be the responsibility of the buyer. Announcements made on auction day supersede any and all previously released information.