United Country Real Estate and Auction Services, LLC Two Miranova Place, Suite 900 Columbus, Ohio 43215 740-965-1208 OR 614-206-1135 Seller: Reality Enterprises, LLC TERMS AND CONDITIONS Pursuant to the pre-auction sale bills and applicable law, THESE TERMS AND CONDITIONS REPLACE AND SUPERSEDE ALL PRIOR TERMS AND CONDITIONS OF ANY NATURE, WHETHER WRITTEN, VERBAL, OR OTHERWISE. IT IS THE BIDDER’S RESPONSIBILITY TO BE FAMILIAR WITH THESE TERMS AND CONDITIONS. By registering for this auction and placing a bid, bidder acknowledges that these terms and conditions have been disclosed to bidder, and bidder agrees to be bound by these terms and conditions. Property sells subject to owner confirmation day of sale. 1. Buyer to pay a Twenty-Five dollars (25,000) NONREFUNDABLE earnest money deposit of the purchase price upon execution of the purchase agreement, to be applied on the purchase price at closing, or retained by Seller if the closing does not occur. Earnest money deposit shall be presented in the form of a personal or bank check. Balance of purchase price is due in cash at closing which shall occur on or before August 17, 2015. Real estate taxes shall be prorated to the day of closing based upon the most recent available tax rate and valuation. Seller will pay for conveyance fee, owner’s policy of title insurance from a title agency of Seller’s choosing, Seller's portion of title agency closing fee not to exceed $150.00, and deed preparation only. Seller will pay no other closing costs. 2. All real property and the house and all improvements are selling in their present “AS IS” condition with no warranties expressed or implied by Seller or Seller’s agent. No representations have been made by Seller or Seller’s agent with regard to fitness of the real property or house or improvements for a particular use or any particular Buyer’s development plans. It is Buyer’s responsibility to have any inspection Buyer desires completed prior to auction. It is the Buyer’s responsibility to pay for and obtain any and all due diligence inspections and inquiries as to feasibility of Buyer’s intended development plans prior to bidding. United Country Real Estate and Auction Services, LLC, and all agents associated, represent only the Seller in this transaction. Successful Buyers shall sign an agency disclosure form acknowledging that United Country Real Estate and Auction Services, LLC and its associated agents are working on behalf of the Seller. 3. All prospective Buyers who desire to participate in the auction must register the day of sale and prior to bidding on property, and must then provide such personal information as requested by the auctioneer. Realtor cooperation is welcome, you must register your clients 48 hours prior to sale on agency disclosure no exceptions. 4. Seller has specifically reserved the right to have the auctioneer determine the minimum bid advancement that will be accepted from all bidders. The auctioneers will handle any disputes at the time of the auction and all decisions will be final. 5. Each successful bidder will be required to immediately execute the posted purchase contract, and deposit the earnest money described hereinabove. The Auctioneer and/or the Attorney for the estate/trust reserve the right to demand satisfactory written evidence of the authority of an agent to enter a bid or to execute a purchase contract on behalf of another party. 6. Please view the posted title commitment for any questions on easements, rights of way, leases etc. 7. Any personal property left on the grounds of the real estate as of the date of closing becomes the property of the buyer of the real estate. 8. Terms and conditions announced the day of auction shall take precedence over any prior terms and conditions. 9. All reports and letters made available are from third-parties and are the representations of those third parties. The information contained within the reports and letters is deemed reliable but not warranted by seller or auctioneer. 10. Possession of main house and buildings are at time of closing. Possession of tenant house is subject to tenants’ rights. United Country Real Estate and Auction Services, LLC BONDED – LICENSED BY THE OHIO DEPARTMENT OF AGRICULTURE