TERMS AND CONDITIONS - READ CAREFULLY AND COMPLETELY Starting bid of $125,000 or BEST OFFER. Seller is looking for an offer to sell this house AS SOON AS POSSIBLE. All auction terms and conditions apply. This is a 10% Buyer’s Fee auction. Successful high bid plus the 10% Buyer’s Fee shall equal the total price offered. 10% of total purchase price will be required as earnest money upon acceptance of the Sales Contract. Closing within 30-45 days of auction. Property sells “AS IS”, “WHERE IS”, No Contingencies, No Exceptions. BIDDING REQUIREMENT: Bank Letter of Guarantee/Validation of Sufficient Funds is required to be on file with United Country Jones Auction & Realty prior to being approved for bidding. 1. Online Only Auction-Bidding extended until Friday, May 23, 2014 @ 3:00 P.M. (Central Time). Approval to bid at this auction is subject to United Country Jones Auction & Realty receiving a Bank Letter of Guarantee/Validation of Funds. Starting bid to be $125,000 or BEST OFFER. Seller is looking for an offer to sell this house AS SOON AS POSSIBLE. All auction terms and conditions apply. 2. This is a 10% BUYER’S FEE AUCTION. Successful high bid price plus a 10% BUYER’S FEE equals the total price offered. 10% of the total purchase price will be required as earnest money upon acceptance of the Sales Contract. Closing with 30-45 days of auction. Property sells AS IS, WHERE IS, No Contingencies, No Exceptions. 3. Qualification for financing must be approved prior to approval for bidding and prior to the sale. Bank Letter of Guarantee/Validation of Sufficient Funds is required to be on file with United Country Jones Auction & Realty prior to being approved for bidding. You are responsible for the cash at closing within 30-45 days of auction. 4. The successful highest bidder is required to pay 10% of the total purchase price as earnest money. Upon accepted offer, all earnest money becomes non- refundable. 5. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the successful bidder by the auctioneer. Upon the close of the auction the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by United Country Jones Auction & Realty by end of business or 5:00 P.M. (Central Time), Friday, May 23, 2014.Contract to Purchase may be hand delivered, faxed, or scanned and emailed. In the event the buyer refuses to sign the Contract to Purchase and tender the earnest money deposit the auctioneer may resell the property. The original buyer shall be responsible for any damages and expenses for resale and collection, including reasonable attorney’s fees. The only condition under which the earnest money and prepaid closing shall be refunded is if the seller fails to confirm or accept the bid or is unable to deliver clear title. If buyer refuses for any reason to close, the earnest money and prepaid fees will be forfeited. All earnest money, less incurred expenses, will be given to the seller. Upon acceptance of the Contract to Purchase by both parties, the earnest money becomes non-refundable. 6. 10% of the total purchase price as earnest money will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing 30-45 days of auction. Possession shall be given at closing. 7. The sale will be subject to existing zoning, ordinances, roads, restrictions of record and easements of record. Real Estate taxes for the year of closing will be prorated to the date of closing. Seller will provide and arrange for all title evidence. All contracts will be prepared by the listing broker to be entered into the date of the auction. Seller will convey title by warranty deed free and clear of all liens and encumbrances. Any zoning or use permits, if needed, will be at the buyer’s expense. Seller has the right to accept, reject or counter any offer. 8. United Country Jones Auction & Realty has been contracted as an agent of the seller to offer this property AS IS, WHERE IS with no warranties to buildings, wells or septic systems. Requirements to meet DILHRs energy code are the responsibility of the buyer. 9. This information is from sources deemed reliable but no warranty or representation is made to its accuracy. Any information on this auction is subject to verification and no liability for errors, omissions or changes is assumed by United Country Jones Auction & Realty as an agent of the seller or the seller. 10. Under no circumstances shall bidder have any kind of claim against United Country Jones Auction & Realty as an agent of the seller, seller, or anyone else if the internet service fails to work correctly. 11. This property sells AS IS, WHERE IS condition without warranty of any kind, expressed or implied. Buyers should verify the information to their satisfaction. Make all inspections and financing arrangements prior to the end of the bidding. 12. All buyers must acknowledge and accept the Terms and Conditions provided at the time of online Registration. Bank Letter of Guarantee/Validation of Funds required for approval to bid at this auction. 13. Auctioneer is licensed by the Wisconsin Department of Licensing & Regulation. 14. This property is offered for sale to qualified purchasers without regard to perspective purchasers race, color, sex, marital status, religion or national origin.