TERMS AND CONDITIONS:

Real Estate Buyer Premium: A 7% buyer premium will be added to the high bid to determine the contract price on the real estate.

Personal Property Buyer Premium: A 10% buyer premium will be added to each high bid of the personal property to determine the contract price of the personal property.

Terms and Down Payment: The down payment on the real estate shall be 10% of the contract sales price in the form of cash or good check (with proper identification) or certified funds due at the conclusion of the auction. The closing shall be within 45 days. Possession will be 10 days after closing.

The property is sold without contingencies of any type such as further inspections, usability, or the ability of the buyer to secure financing, and subject to any valid easements. All property is sold Â“as isÂ” both surface and subsurface.

The auctioneer shall control the bid increments, which may be changed during the auction at his/her discretion.

Taxes: Real Estate Taxes will be prorated between buyer and seller as of closing date.

Deed: The purchaser shall receive either a General Warranty Deed or a
Special Warranty Deed, depending of the situation.

Possession:With Deed

Inspection: The real estate may be viewed prior to the auction date by appointment with Thomas R. Hunt Auctioneers, and will be available for inspection one hour before sale time on the day of the auction. Prospective buyers are advised to inspect the property to their satisfaction as it will be sold Â“as isÂ” with no warranties expressed or implied.

Who May Bid: Any qualified bidder, including the auctioneer and any of the auctioneer's agents, may bid. Likewise, the auctioneer may,under Kentucky law, reject the bid from any bidder deemed unqualified or unfit to bid.

AGENCY: Thomas R. Hunt Auctioneers, Inc. Agents and Representatives are agents of the Seller. Buyer and/or Bidder agrees to hold harmless and indemnify Thomas R. Hunt Auctioneers, Inc and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

Auctioneers Note: All information contained in this brochure and all related materials should be verified by all interested parties. All interested bidders are responsible for conducting their own independent inspections and tests. Information contained herein was obtained from sources deemed to be reliable. However, neither the Auctioneers, Agents, nor Sellers shall be responsible for any errors or omissions herein. Announcements made the day of the sale shall take precedence over any prior advertising or other information

PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED IN THE PURCHASE CONTRACT. PLEASE READ AND REVIEW THE CONTRACT THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE CONTRACT FOR SALE OF REAL ESTATE, DO NOT BID.

AUCTION END TIMES:
Thomas R. Hunt Auctioneers, Inc., Real Estate Online Auctions are timed events and all bidding will close at specified time. Thomas R. Hunt Auctioneers, Inc Real Estate Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction will automatically extend the end time for a period of 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend to 6:04. The auto-extend feature remains active until no further bids are received within a 5 minute time frame.

REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING

SERVER & SOFTWARE
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Thomas R. Hunt Auctioneers, Inc reserves the right to extend bidding, continue the bidding, or close the bidding.
NEITHER THE COMPANY PROVIDING THE SOFTWARE nor THOMAS R. HUNT AUCTIONEERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Thomas R. Hunt Auctioneers, Inc

Any dispute between Thomas R. Hunt Auctioneers, Inc its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Warren County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.

Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Thomas R. Hunt Auctioneers, Inc will e-mail documents to be executed and said documents should be faxed or e-mailed back to Thomas R. Hunt Auctioneers, Inc within 48 hours of the end of the auction. Successful bidders not executing and returning contracts with earnest money deposit within 48 hours will be considered in default. Any and all inspections that a buyer may want must be done at buyerÂ’s expense prior to the close of the online bidding. Thomas R. Hunt Auctioneers, Inc Agents, Representatives or Employees may bid.

Title: As specified in the Contract for Sale of Real Estate.

Deed: As specified in the Contract for Sale of Real Estate.

Possession: As specified in the Contract for Sale of Real Estate

Real Estate Taxes and Closing Cost: All taxes will be prorated between the buyer and the seller for the year in which the closing occurs.

The purchaser will pay all other closing costs associated with the purchaserÂ’s side of the sale, including local and state recording fees and any cost associated with the purchaserÂ’s loan.

Easements: Subject to any and all easements of record.

Zoning: This property is subject to all state and local zoning ordinances.

Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete
verification is not possible, Thomas R. Hunt Auctioneers, Inc will reject the registration, and bidding activity will be terminated. The Seller and Thomas R. Hunt Auctioneers, Inc reserve the right to preclude any person from bidding if there is any question as to the personÂ’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local, state, and federal laws. Violations will result in termination of web site use privileges.

Agency: Thomas R. Hunt Auctioneers, Inc Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Thomas R. Hunt Auctioneers, Inc and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

NEW DATA, CORRECTIONS AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an Â“AS IS, WHERE ISÂ” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Thomas R. Hunt Auctioneers, Inc Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Thomas R. Hunt Auctioneers, Inc. Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Thomas R. Hunt Auctioneers, Inc. are final. Any dispute between Thomas R. Hunt Auctioneers, Inc. its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Warren County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.

Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneerÂ’s knowledge. The information is being provided for the bidderÂ’s convenience and it is the bidderÂ’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its Â‘as-isÂ’ condition with no warranties expressed or implied.

For additional information, contact Thomas R. Hunt Auctioneers, Inc at 1-270-782-2299.

486 Collett Lane