TERMS AND CONDITIONS The auction will be conducted by Huisman Auctions, Inc., and Hasco Auto Sales (Auctioneer) on behalf of the owners of the property, referred to as the Seller. The term Auctioneer shall include, but is not limited to, any and all of its agents, employees, representatives, officers, and directors. The auction shall be governed by the terms set forth herein (the Agreement) and any pre-auction announcements. All prospective buyers must be at least 18 years old and are required to register with Huisman Auctions, Inc. prior to bidding. Using the bid number or placing a bid shall be conclusive proof that the bidder acknowledges he/she has received, read and understands and agrees to be bound by the terms and conditions of the auction either on the bidders agreement or posted at the auction facilities. The Auction will be conducted by offering the items per lot, unless otherwise announced by the Auctioneer. Each lot or item is the subject of a separate sale. Auctioneer reserves the right to include in the auction any item and the right to withdraw any item. Auctioneer may combine, subdivide, regroup or reorganize any items. The bidder offering the highest bid accepted by the Auctioneer shall be the purchaser of the offered lot, and no purchaser shall retract his bid once the Auctioneer says sold. Any dispute arising as to any bidding shall be settled by Auctioneer at his sole discretion, and Auctioneer may put the lot in dispute up for sale again. Auctioneer reserves the right to refuse any bid, which it considers to be an insignificant advance over the preceding bid. If a dispute arises after the sale of any item, the Auctioneer’s records shall be deemed conclusive in all respects. All sales are final! Any price discrepancy that requires audio verification will have a charge of $25.00 per lot, to be paid at time of discrepancy. If buyer price was right, the $25.00 will be refunded along with any price difference. It is the responsibility of each bidder to make sure that Auctioneer is aware of his or her intent to place a bid. As the high bidder at the auction, as recorded by the Auctioneer, buyer hereby makes an irrevocable offer to purchase the item identified by Auctioneer. Auctioneer disclaims any liability for damages, whether direct, indirect, consequential, or incidental, resulting from bids not spotted, executed, or accepted. Bidders should also be careful to bid on the correct item and ensure that his/her bid is for the amount intended. Auctioneer is not responsible for errors in bidding, and Buyer hereby releases Auctioneer and waives any and all claims for bidding errors. The Auction Catalogue has been prepared as a guide, and should be used as a guide only. Although the descriptions are believed to be correct, its accuracy cannot be guaranteed. No sale shall be invalidated, nor shall Auctioneer be liable as a result of defects or inaccuracies of any lot. Buyer acknowledges that he/she has been provided the opportunity to inspect the property before bidding on and purchasing same. Buyer either has inspected the property or elected not to inspect the property at Buyer's sole discretion. Buyer is solely responsible for determining the condition of any property. Buyer represents and warrants that he/she is relying solely on Buyer's own investigation and inspection of the property and not on any information provided or to be provided by the Auctioneer. 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. Huisman Auctions shall endeavor to describe in detail each item and any pertinent information about it. Huisman Auctions will not be responsible for any errors or omissions in the description of the merchandise. Huisman Auctions 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 Huisman Auctions or anyone else if the Internet service fails to work correctly before or during the live auction. Huisman Auctions 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 pre-bidding feature and leave their maximum bid 24 hours before the auction begins. Huisman Auctions reserves the right to withdraw or re-catalog items in this auction. ALL SALES ARE FINAL. All items sold AS IS - WHERE IS without any guarantees or warranty expressed or implied, statutory or otherwise of any nature whatsoever in respect of the lots offered at the auction. Specifically, but without limitation, Auctioneer makes no representation or warranty that any of the lots conform to any standard in respect of safety, pollution or hazardous material, or fit for any particular purpose. The Auctioneers, sellers, or any member of their staff make no guarantee as to the authenticity, of any particular age, year of manufacture, model, make, mileage, hours, condition, or defect of any lot or item being sold. Bidders are encouraged to make their own physical inspection and rely solely on that inspection before bidding. Failure to inspect does not negate that Bidder's responsibility to perform under the auction terms and conditions. Any shortages of lots must be brought to attention, before removal from auction site. The Auctioneer, at his/her sole discretion, may reject, disqualify or refuse any bid believed to be fraudulent, illegitimate, not in good faith, made by someone who is not competent, or made in violation of this Agreement or any applicable law. Payments Upon making payment for an item, no stop payment of funds will be honored. Any stop payment order of a check, or issuing a check which is returned marked insufficient funds?, shall be deemed by the parties to be prima facie evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud. (Note: Bidder deposit non-refundable upon non-payment of merchandise.) Interest on overdue accounts will be paid by the purchaser at maximum rate allowed by law. State and local sales tax will be assessed and collected on all purchases unless legal exemption documentation is provided at the time of sale in the form of a Resale Certificate or a Bill of Lading (must be provided at time of payment). MOTOR VEHICLE PURCHASES A $55 document processing fee will be charged for every DMV purchase, whether sold independently or grouped into one Lot and regardless of purchasers intended use of the purchase. Current smog fees will be charged to all applicable vehicles. California law does not provide for a ?cooling off? or other cancellation period for vehicles. Therefore you cannot later cancel a contract simply because you change your mind, decide the vehicle costs too much, or wish you had acquired another vehicle. Huisman Auctions, Inc. must offer a 2-day cancellation option. Should you wish to exercise this option, you must purchase the right to return certain motor vehicles under $40,000 by 8:00 a.m. of the second day after the auction. This cancellation option applies only to vehicles purchased for personal use: it does not apply to motorcycles, off-road vehicles, recreational vehicles, or vehicles sold for business or commercial use. To exercise this option, you must inform Hasco Auto Sales personnel the day of the auction and wait until auction is complete to have vehicle inspected prior to taking possession. The cost for purchasing this cancellation option is as follows: Purchase Price Cost of Option Restocking Fee $0 - $5,000 $75.00 $100.00 $5,001 - $10,000 $150.00 $200.00 $10,001 - $30,000 $250.00 $250.00 $30,001 - $40,000 $ 1% $500.00 The amount is non-refundable and the purchaser will also be charged a restocking fee. The vehicle must be returned in same condition and the mileage must not exceed the (250) permitted miles otherwise the option is void. If vehicle is returned, Buyer will also forfeit their $300 Auction Deposit. Some vehicles may be sold pursuant to vehicle code 24007.5, subsection (a) paragraph (2) and may only be available to licensed motor vehicle dealers and dismantlers. Some commercial trucks will be offered for sale to out of state buyers only as regulated by the California Air Resources Board requirements for State of California. Items sold for export out of California will be accompanied with a certificate of title and a VIN Stop filed with California Department of Motor Vehicles. Buyers must be registered with Huisman Auctions, Inc. prior to bidding and must provide out of state address and driver’s license. Purchasers of items sold for export outside of California will be required to sign VIN Stop and out of state delivery declaration before the item can be removed from the sale site. Mileage: Any mileage in the catalog or announced is for references only. No guarantees are made to mileage unless otherwise stated. Vehicle Disclaimer Definitions: Title In Transit: All paperwork for this vehicle is not currently in the possession of the Huisman Auction's DMV office. Title holders have 10 business days after the day of the auction to provide all proper paperwork. Purchaser must pay all fees and complete all paperwork the day of the auction (Internet buyers are given 1 business day). If the paperwork is not provided in 10 business days, the purchaser has the option to cancel the contract on that item only. Dealer or Out of State Buyer Only: You must be a licensed auto dealer or have an out of state residence to purchase this vehicle. Proof must be provided the day of the auction. Out of state buyers will need to provide an out of state address to which the paperwork will be mailed. You may not pick up paperwork for a Dealer or Out of State Only vehicle. Fees: Any fees posted either in the catalog or on the vehicle are due to California DMV. These fees do not apply if you take the vehicle out of California. Please see "Lost Title Form" below for exceptions. Also, certain bankruptcy or lien sale fees are still applicable with no regard for which state you reside. If you have questions, please inquire Before you purchase the vehicle. Lost Title Form: The California title to this vehicle has been lost and a replacement must be applied for from the CA DMV. Any CA DMV fees due must be paid before a replacement title will be issued. Bill of Sale Only: No paperwork for this item will be provided. Your paid invoice is your Bill of Sale. ABSOLUTELY NO refunds or changes will be made because of a buyer's failure to understand terms. PLEASE read and make sure to understand all disclaimers before you purchase a vehicle. REMOVAL OF ITEMS Check out of items will be Monday, December 19, 2011 to Thursday, December 22, 2011 from 8:00am – 12:00pm; and 1:00pm to 5:00pm. The office and yard will be closed Friday, December 23, 2011. Removal of all items shall be the sole responsibility of the purchaser. Loading assistance is provided as a courtesy; however, purchaser assumes all risk and responsibility for loading and removal of purchases. Auctioneer reserves the right to require proof of adequate insurance coverage from any purchased items requiring dismantling, rigging or hot cutting. Purchaser agrees to indemnify and save harmless both, consignor and Auctioneer, its officers, directors, employees, against any damage caused by the acts of purchaser. All items must be removed from the auction facility as per announced auction day, unless otherwise stated. If for any reason purchaser fails to remove any purchase within the time specified, the purchase shall be deemed abandoned, and Auctioneer at its sole discretion may resell or dispose of the items. Purchaser may be liable for any rent incurred or damages suffered by Auctioneer because of purchaser’s failure to remove any item. Failure to remove items may result in a rental/storage fee of not less than $25 per item per day. If for any reason, Auctioneer is unable to make available or deliver any purchase or clear title to the same, or documentation required in respect of any purchase, whether before or after delivery, Auctioneer's sole liability shall be the return of monies paid in respect of such purchase upon its return by purchaser. Any such purchase shall be returned to the place of sale. Purchaser is responsible for insuring his purchases immediately. Huisman Auctions, Inc. shall not be responsible for loss, damage, or theft of any purchase. Purchaser shall not be entitled to remove any item from the auction facility until all his purchases are paid for in full including all applicable taxes and fees. Bidder acknowledges that an auction site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the auction site, at any time, shall be there at his own risk without notice of the condition of the premises and the activities thereon and bidder shall so advise his agents, employees and be held responsible for any minors with him/her. No person shall have any claim against Auctioneer, its officers, directors, agents, employees, principals, for any injuries sustained, nor for damages to or loss of property, which may occur from any cause whatsoever. No photographs, tape recording and/or video recordings of any type are permitted without the express written prior approval of Auctioneer. It is understood, however, that Auctioneer, including its agents, representatives, may be taking pictures and video for future commercials or advertisements. The use of a photograph or video with Buyer's image or likeness is hereby authorized. If any provision of this Agreement is declared or determined to be null, void, inoperative, illegal or invalid for any reason, the validity of the remaining parts, terms or provisions will not be affected thereby and they will retain their full force and effect, and said null, void, inoperative, illegal or invalid part, term or provision will not be deemed to be part of this Agreement. Each party to this Agreement acknowledges that it has read, or has had the opportunity to read, the terms provided herein. The parties agree that this Agreement reflects the terms as agreed to by the parties hereto. In the event a term or terms is considered ambiguous, neither party hereto, nor their respective counsel, will be considered the draftsperson of this agreement for the purpose of causing the terms of this Agreement to be construed against a party hereto. The parties hereto acknowledge and agree that this Agreement is made and entered into in the State of California, and will be in all respects to be interpreted, enforced and governed under the internal laws (and not the conflicts of laws) of the State of California. In the event that the parties hereto, or any one of them, litigate any actual or potential breach of this Agreement, the parties hereto stipulate and agree to jurisdiction and continuing venue for any such action in the County of Sacramento, State of California. All rights granted herein are personal and exclusive to the registered bidder, and may not be assigned or transferred to another person or entity, by operation of law or otherwise. Any attempt to assign or transfer any such rights shall be void and unenforceable. No third party may rely on any benefit or right conferred herein or granted to any bidder. HUISMAN AUCTIONS, INC. All Rights Reserved 2010