PLEASE NOTE THERE ARE TWO AUCTION LOCATIONS. LOTS 1- 77 WILL BE SOLD AT 11:00 A.M. AND LOTS 78-93 WILL BE SOLD AT 1:00 P.M. THE FIRST AUCTION IS LOCATED AT 267 SAW MILL RIVER ROAD, ELMSFORD, NY THE SECOND AUCTION IS LOCATED AT 300 EXECUTIVE DRIVE, ELMSFORD, NY THE LOCATIONS ARE ONE MILE FROM EACH OTHER PLEASE VISIT 267 SAW MILL RIVER ROAD, ELMSFORD, NY FOR REGISTRATION FOR BOTH AUCTIONS. FOR INSPECTION, PLEASE ALSO VISIT 267 SAW MILL RIVER ROAD SO WE CAN ACCOMPANY YOU TO 300 EXECUTIVE DRIVE SHOULD YOU WISH TO INSPECT ITEMS THERE AS WELL. TERMS AND CONDITIONS OF SALE These terms and conditions of sale (the “Terms and Conditions of Sale”) are being promulgated in connection with the auction sales (the “Sale”) of the Debtor’s assets (the “Assets”). The Sale of the Assets is to take place on Tuesday, August 25, 2020 @ 11:00 a.m. at 267 Saw Mill River Road, Elmsford, NY 10523 and on Tuesday, August 25, 2020 @ 1:00 p.m. at 300 Executive Blvd., Elmsford, NY 10523 (the “Premises”). The seller of the Assets is Newtek Small Business Finance, LLC (the “Seller”). The auctioneer (the “Auctioneer”) is: Victor M. Moneypenny, MYC & Associates, Inc. (“MYC”), 1110 South Avenue, Suite 22, Staten Island, NY 10314, tel. (347) 273-1258, www.myccorp.com. The Assets will be sold free and clear of any and all liens, security interests, claims and encumbrances, with said liens, security interests, claims and encumbrances, if any, to attach to the net proceeds realized from the sale, in their order of priority. The Assets may be sold or withdrawn from sale without prior notice. In case of dispute on the knockdown of a lot, the Auctioneer reserves the right to put up the lot and resell immediately to the highest bidder. The Auctioneer reserves the right, in his sole discretion, to require a deposit in cash or certified check of up to 25% of the amount of any bid, and to increase the amount of required deposit if the Auctioneer deems it necessary. In case any such required deposit shall not be made, the Auctioneer reserves the right to put up the lot and resell immediately to the highest bidder. The Auctioneer reserves the right to require all final settlements to be in cash or certified check only before the Assets purchased are removed from the Premises by a bidder. Catalog description of the Assets is not guaranteed to be correct and should be independently verified. The description of the Assets is subject to errors and omissions. Therefore, any bidder should examine the Assets prior to any bidding as no allowance will be made and no refund will be given for any error or inconsistencies in the description. Every lot is sold in an “as is, where is” condition regardless of what the description in the catalog may be. No guarantees are made, either expressed or implied. The Assets are subject to examination before purchasing. No claim of any kind whatever, except shortage in count, will be allowed, and all such claims must be made before goods leave the premises as no claims will be allowed afterward. Any purchaser is to remove the Assets at his or her own risk and cost. No goods will be delivered during the Auction. Payment in FULL must be made by Thursday, August 27, 2020 @ 5:00 p.m. All of the goods purchased that are not removed by 5:00 p.m. on Friday, August 28, 2020, whether or not payment has been tendered, may be resold at any time thereafter without further notice at the loss, risk and expense for the account of the purchaser. The Seller and the Auctioneer will not be responsible for any goods left on the premises after said date. The record of sale kept by the Auctioneer must be accepted by the buyer as absolute and final. The Seller and the Auctioneer reserve the right to reject any bids made for the Assets at the Sale. The Auctioneer reserves the right to modify these Terms and Conditions of Sale at the Sale or thereafter. By making an online bid you agree to having read these Terms and Conditions of Sale and agree to be bound by them.