LOCATION: Vehicles are Located @ 1021 Casino Center Drive, Robinsonville, MS

IMPORTANT INFORMATION / PLEASE READ BEFORE BIDDING.

GENERAL TERMS OF THE AUCTION

10% buyer's premium

ALL PROPERTY IS SOLD AS IS WHERE IS WITH NO WARRANTY, EXPRESSED, WRITTEN OR IMPLIED and ALL SALES ARE FINAL: Taylor Auction & Realty, Inc. has put forth every effort in preparing the catalog for this auction in regard to disclosing seller’s facts associated with items prior to the close of sale. Seller requires all Purchasers will be required to sign a Release, Waiver of Liability, Assumption of Risk and Indemnity Agreement on ALL Vehicles Purchased. No sales tax will be assessed on any titled vehicle. Tax on titled vehicles will be paid in the county where you title the vehicle in your name.

ALL PROPERTY IS SOLD and ALL SALES ARE FINAL .Property is open to thorough public inspection. Due Diligence is the responsibility of the bidder. It is the Bidder’s responsibility to determine nature, condition, age, genuineness, value, state of title or any other decisive factor on each item purchased. Taylor Auction & Realty, Inc. may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. Printed statements or descriptions by staff are provided in good faith and are matters of opinion. In no event shall Taylor Auction & Realty, Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off-site understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. Taylor Auction & Realty, Inc. will not be responsible for any errors or omissions in the description of the merchandise. Bidder agrees that everything is sold as is and that they may not return any item they purchase. There shall be no returns or exchanges.

PAYMENT TERMS:

All accounts must be settled at the conclusion of the auction. We request payment made in full day of pickup. We prefer CASH, CERTIFIED CHECK OR WIRE TRANSFER. We will not be accepting credit cards in regard to this auction. Bidders will be charged a 10% Buyers Fee. A 3% surcharge will apply if we have to run your credit card on file for non-payment.

FURTHER PAYMENT INSTRUCTION:

Electronic bank transfers for final payment of purchases must originate from an account of the registered buyer or the business the buyer represents. The transfer must include the bidder number and the invoice number.

ITEMS TO BE PICKED UP: Friday May 4th 10:00 AM to 4:00 PM

Removal will be 5 Business Days from the end of the auction.

If you are unable to remove the vehicles until later, please call us at 662.226.2080. If we concur, you are not intending to remove the items in a timely manner and/or bring payment; your credit card will be charged the amount due. In addition, a storage fee of $20.00 a day will be charged to your credit card. If buyer does not pick up items or make payments up to date on merchandise, the buyer will be flagged for all MarkNet auctions. This includes all auction companies that are a part of the www.MarknetAlliance Organization.marknetalliance.com. This means, you will not be able to bid on any online auction of the forty-five auction companies associated with MarkNet Alliance.

GENERAL TERMS AT REGISTRATION:

All bids are subject to acceptance by the AUCTIONEER/AUCTION COMPANY. No bid shall be deemed a valid bid until accepted by the Auctioneer. If you are the successful bidder, you agree to pay the amount of your bid plus all taxes and premiums in accordance with all written or oral terms and conditions of the auction. Winning high bidders will be notified by email when all items in the auction have closed. Bidders are responsible for checking their email to receive notification that they have won a lot(s).

By placing a bid, you agree to all of the terms and conditions which may be set forth by each individual auction company and expressly acknowledge and affirm that you have read and are familiar with the terms and conditions of each individual auction company as well as each terms and conditions of each individual auction.

The Auctioneer/ Auction Company has the sole discretion to advance the bidding, lower the starting bids and may reject any and all bids which in the Auctioneer’s sole discretion does not advance and/or injurious to the auction, including but not limited to minimal suspicious and/or suspect advances. The Auctioneer shall have sole discretion in deciding the successful bidder in the event of a bidding dispute. All sales are final upon the determination of the successful bidder by the auctioneer. By placing a bid, you acknowledge that your bid is a legally binding offer to purchase the item or property being auctioned. Times shall be of the essence. Taylor Auction & Realty, Inc. reserves the right to withdraw or re-catalog items in this auction.

NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON.

Taylor Auction & Realty, Inc. is providing online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Taylor Auction & Realty, Inc. or anyone else if the internet service fails to work correctly. Taylor Auction & Realty, Inc. will not be responsible for any missed bids from any source.

Time Increase or Decrease:

In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Taylor Auction & Realty, Inc., reserve the right to extend bidding, continue the bidding, or close the bidding or increase of decrease the extended time amount at the end of the auction.

MAX BIDS:

Internet bidders who desire to make certain their bids are acknowledged should use the internet bidding feature and leave their maximum bid. When you bid your max, the current bid price doesn't automatically go to your max bid. Someone else has to bid to increase the current price and the computer will automatically bid up to your max in the increments specified.

REFRESH YOU SCREEN:

Please remember to REFRESH your screen to find out if you have been outbid. To refresh your screen, you need to click on `RESET CATALOG` or REFRESH ALL for the whole page to refresh or use the refresh button on your browser. This is most important at the end of the auction. YOU MUST REFRESH THE SCREEN TO KEEP THE TIME ACCURATE.

EXTENDED BIDDING:

This auction features EXTENDED BIDDING on all lots! Any lot that receives a bid within FIVE minutes of the Scheduled Closing Time will extend the auction on all lots. We choose this feature in case a customer missed a bid on a like item i.e. a vehicle, they could bid on another like item/ lot during the extended bidding time. All bids will remain open until there are no bids placed for FIVE minutes. If you have questions please call us 662-226-2080.

SOLE AND EXCLUSIVE VENUE & JURISDICTION OF ALL DISPUTES:

Any and all claims, including debt collection and all other disputes of any kind, nature, or character whatsoever arising from this auction sale shall be brought in the appropriate court of Grenada County, Mississippi, and shall be governed by the laws of the State of Mississippi; Seller, Bidder and Buyer each individually and collectively by virtue of participating in the Auction conducted by Taylor Auction & Realty, Inc. do hereby irrevocably agree to submit themselves and any claims to the jurisdiction and venue of the courts of Grenada County, Mississippi, and the laws of the State of Mississippi, which shall be the sole venue and jurisdiction for the resolution of any claims between them and Taylor Auction and Realty, Inc. regardless of the nature or location of the property sold/purchased or the physical location of the Auction. The successful purchaser agrees to pay any and all reasonable attorney fees and costs incurred by the Auction Company, the seller and/or their servants, agents or employees in the commencement or defense of any actions hereunder as well as in the collection of any obligations hereunder. The purchaser agrees that a fee of 2% per month be added to the balance of any unpaid balance due the Auction Company and any other costs or losses incurred by the purchaser’s failure to adhere to these terms.

HOLD HARMLESS:

Buyer and or bidder agrees that Taylor Auction and Realty, Inc. is a representative of the Seller and agrees to hold harmless and indemnify Taylor Auction & Realty, Inc. and its Agents, Owner, Directors, Employees and its Representatives from any and all claims, demands, expenses, damages which bidder/buyer may claim on account of or any way growing out of said auction and to look solely to the Seller for any remedy demanded.

BIDDER ACKNOWLEDGMENT:

Bidder acknowledges that no relationship of any nature or type, agent, employee, independent contractor or otherwise is created between bidder and auctioneer, affiliated auction companies, affiliated software companies and/or any servant, agent or employee of the same by bidder’s participation in this auction. Bidder acknowledges and agrees that Auctioneer is acting solely as the agent for the seller in this auction.

BIDDER RESPONSIBILITIES:

Bidder responsibilities include, but are not limited to: 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.

Guaranty Agreement in regard to bidding for a business entity: By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment to Taylor Auction & Realty, Inc. and completion of the transaction.

By bidding on any item, the bidder shows acceptance of the terms of the auction.

DISCLAIMER:

All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold; with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.

By bidding on any item, the bidder shows acceptance of the terms of the auction.

Benny Taylor CAI AARE CAGA

Taylor Auction & Realty, Inc.

INFORMATION IS SUBJECT TO CHANGE

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