| Auctioneer will receive bids from any registered bidder. |
| It is at the Auctioneers discretion to accept any bid over the prior bid. |
| This property is being sold in "as is, where -is" condition with no contingencies other than those stated in the sales contract, or those stated or offered by the Seller or Auctioneer. Broker and Auctioneer make no representation as to the condition of the property. |
| The successful bidder must: a) Tender the required deposit to the Auctioneer. b) Execute the sales contract. c) Pay all closing costs allowed under state law including transfer taxes and the Seller's HER GARP fee. d) Settle within 30 days of the auction. |
| A 10% Buyer's Premium ($2,000.00 minimum) will be added to the total bid price and included in the total contract price. This Buyer's Premium does not imply an agency relationship between Auctioneer and the buyer. |
| Bidders will be identified by number rather than by name in order to expedite the auction. |
| The Auctioneer's decision is final in the event of a dispute over any auction matter. |
| All rights, privileges and powers reserved or granted to Auctioneer in these Terms of Auction shall be deemed reserved and granted to Broker Auctioneer's employees, representatives, and any sellers the Auctioneer represents. |
| In order for a commission to be paid to a buyer's agent, the agent must be present at the auction and provide a buyer-agency disclosure to the auctioneer prior to the start of the auction. |
| Announcements made the day of auction may take precedence over these Terms of Auction or other printed material. M&J Auctions and Mike Brandly, Auctioneer are licensed by the Ohio Department of Agriculture, and bonded in favor of the State of Ohio. |