TERMS AND CONDITIONS:

BUYER'S PREMIUM: A 7 percent buyer premium will be added to the high bid to determine the contract sales price on the real estate.

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.

TERMS AND DOWN PAYMENT: The down payment on the real estate shall be $40,000 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 35 days.

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 “as is” both surface and subsurface.

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

TAXES: 2017 Real Estate Taxes will be prorated between buyer and seller as of closing date.

DEED: The purchaser shall receive a General Warranty Deed.

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 “as is” 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

IF BIDDING ONLINE REFRESH YOUR SCREEN CONSTANTLY DURING THE AUCTION.

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.

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.

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.

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