GRADE STAKE POINTING MACHINE

All bidders and other persons attending sales agree that they have read and have full knowledge of these terms and agree to be bound thereby. BIDDER acknowledges that an auction site is a potentially hazardous area. Every person at the auction site before, during and after the auction sale shall be deemed to be there at his own risk. NOTE: All bidders are bound by their signature on the Bidder’s Registration. Please read these Terms carefully. Auctioneer reserves the right to refuse any applicant for a bidding card the privilege of bidding at this auction sale and to revoke such privilege at any time. AGENCY - The auctioneer is acting as agent only and is not responsible for the acts of its principals or consignors. CONDITION OF ARTICLES SOLD - The auctioneer is not responsible for the correct description, genuineness, authenticity of, or defect in any lot, and makes no warranty in connection therewith. No sale will be set aside for allowance made on account of any incorrectness, error in cataloging, or any imperfection not noted. No deduction allowed on damaged articles, all goods being exposed for public exhibition, and sold "as is" and without recourse. THIS LISTING IS ONLY A GUIDE AND MAY NOT BE ACCURATE IN ANY WAY. EVERY ITEM WILL SELL “AS IS” “WHERE IS”. PLEASE INSPECT THE EQUIPMENT PRIOR TO BIDDING. ALL SALES ARE FINAL. TERMS - COMPLETE PAYMENT SALE DAY - Payment for all items must be made IN FULL on Sale Day in Cash, or guaranteed funds when accompanied by a Valid Bank Letter guaranteeing payment. At the time of complete settlement, you will receive a paid sales receipt. You or your trucker must present paid receipt for release of equipment from the sale site. ***As of September 20, 2002 Buyers will be assessed a $100.00 Conveyance Fee on ALL motor vehicles & vessels (I.E. trucks, trailer, vans, pickups, boats, etc.). This conveyance fee DOES NOT apply to construction equipment (I.E. backhoes, excavators, dozers, compressors, welders, etc.)*** TITLES: NO TITLES GIVEN DAY OF SALE Auction company shall provide a title or paperwork to be able to register motor vehicles and/or trailers. Auctioneer reserves up to 21 business to deliver such. In the event we are unable to provide paperwork within a 21 day period, the buyer may return the said item at their expense and receive a refund of the purchase price. If a vehicle, truck and/or trailer is clearly marked “No Title”, then a title will not be provided. Printed titles and/or Certificates of Origin will not be guaranteed on Construction Equipment (i.e. Backhoes, Loaders, Compressors, etc.) Buyers of All construction equipment, other than vehicles, trucks and trailers will receive an auctioneer’s notarized Bill of Sale. DISPUTE BETWEEN BIDDERS - If any dispute arises between two or more bidders the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer's decision shall be final and absolute. At Knockdown (when it is sold to a high bidder) the equipment or vehicle becomes the sole responsibility of the new purchaser. RECORDS - The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute. SALES TAX will be charged in state where applicable percentage announced at sale time. Sales Tax on motor vehicles may be paid direct to DMV upon registration. It will be necessary on day of sale to execute a Certificate of Resale for all purchases by dealers. Failure to furnish this information will require payment of the sales tax. REMOVAL - All purchases must be removed no later than as announced. No lot can, on any account, be removed during sale. Removal shall be at the expense, risk and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. Any purchases not removed the day of the sale become the sole responsibility of the purchaser. Auctioneer shall not be responsible for goods not removed within time allowed. Auctioneer is not responsible for stolen or damaged lots prior to or after sale unless removal is prohibited by Auctioneer. Buyer is responsible for removing & loading of equipment purchased. NOTE: Items NOT removed from the auction site within the announced time become the property of the auction company and expenses incurred to be billed to the purchaser. ADDITIONAL TERMS AND CONDITIONS - The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced prior to the auction.