ADDENDUM A REAL ESTATE AUCTION TERMS & CONDITIONS 1. PROPERTY TO BE SOLD WITH A 10% BUYER'S PREMIUM WHICH WILL BE ADDED TO THE SALE PRICE OF THE PROPERTY. An example is if you bid $100,000 we would add $10,000 to your bid price making your contract price $110,000. 2. Anyone who can meet the conditions of cash at closing with no contingency of the sale is eligible to bid and purchase the property. This includes any and all Auctioneers, Real Estate Agents and Brokers, including family and friends of the Owner, auctioneer or Real Estate Broker. 3. In all Real Estate Auctions conducted by BLOCK REALTY & AUCTION MANAGEMENT GROUP, Block Realty & Auction Management Group represents the Seller in the Real Estate transaction. 4. Real Estate Auction participation is offered on the phone or may be offered by webcast to Absentee bidders. The absentee bids may be presented live by a representative of BLOCK REALTY & AUCTION MANAGEMENT GROUP up to the Absentee Bidder's maximum bid. 5. The successful bidder will be required, upon conclusion of the auction, to immediately sign an Arkansas Real Estate Purchase Agreement outlining the specific terms and conditions of the sale. 6. The successful bidder will be required, upon conclusion of the Auction, to immediately provide good funds/ Non-Refundable Deposit Money in the form of Cash, Cashiers Check, or Personal Check for $20,000. Check will be deposited immediately to the Auction Company Escrow. Deposit Money is NON-REFUNDABLE if buyer fails to close for ANY reason including failure to obtain financing. 7. This Real Estate Auction is an Undisclosed reserve Bid Auction as defined by the National Auctioneers Association. The Seller will have the right to accept or decline the highest bid at the conclusion of the auction process. The seller retains the right to have others bid on their behalf, up to, and including, the reserve amount. 8. The closing date will not be later than 30 days from acceptance of the Real Estate Contract. The balance of the purchase price is due in cash at closing. 9. The Buyer will pay all costs necessary to close the transaction except for real estate taxes as stated in the separate contract. Seller to guarantee clear and marketable title. 10. Property is sold AS-IS. Seller shall furnish a general warranty deed conveying marketable title. 11. All taxes and special assessments currently due plus any prorated portion used by Seller will be paid by the Seller or adjusted at closing. 12. No warrantees are expressed or implied by the Seller or BLOCK REALTY & AUCTION MANAGEMENT GROUP, including its Real Estate Agents, Staff, and Auctioneers regarding the property or its use, any improvements, or regulations, laws, or ordinances. Buyer needs to satisfy self, PRIOR TO AUCTION, that property satisfies their requirements. 13. The conduction of the auction and increments of bidding are at the discretion of the Auctioneer. Any announcements made by the Auctioneer at the time of the sale take precedence over any previous notices. 14. Property is auctioned as a Cash sale. Buyers must have secured funds prior to bidding. 15. Buyer must satisfy self of property condition PRIOR to Auction and bidding process. Seller provides no guarantee of Appraisal or Condition. 16. Buyer must also completely satisfy self of any boundaries, easements, restrictions, covenants, conditions prior to bidding. 17. Auctioneer is a licensed real-estate Agent and Broker. Sale is offered in Conjunction with Bordertown Auctions, Dennis Huggins, Licensed Oklahoma Real Estate Agent.

Real Estate Auction 71682 S 4737 Road, Westville, OK 74965 Auction Date: Thursday, December 12, 2024, at 1:00 PM This is your chance to own a versatile and charming property nestled on 1.66 serene acres in the picturesque town of Westville, Oklahoma. Featuring a 2-bedroom, 2-bathroom brick home and a detached garage complete with a 380 sq. ft. 1-bedroom, 1-bathroom apartment, this property offers endless potential for a variety of uses. Property Highlights: 1.66 Acres: Plenty of room for outdoor living, gardening, or future improvements in a peaceful rural setting. Main Home: Approx. 1,400 sq.ft. Sturdy and well-maintained brick construction with 2 spacious bedrooms, 2 full bathrooms, and a functional, inviting layout. Detached Garage: Generous space for vehicles, equipment, or hobbies. 380 Sq. Ft. Apartment: Includes 1 bedroom, 1 bathroom, and a private entrance�perfect for guests, rental income, or a home office. Discover Westville, Oklahoma: Westville is a small town with big charm, located in the heart of Adair County. Known for its welcoming community and beautiful surroundings, Westville offers a slower pace of life while being conveniently close to the Arkansas border. The town�s quaint downtown area is dotted with local businesses, and the rolling hills and open fields surrounding it provide a stunning backdrop for outdoor activities like hiking, fishing, and hunting. Westville is an ideal place for those looking to enjoy the peacefulness of country living without sacrificing access to nearby cities. The friendly atmosphere and strong sense of community make it a wonderful place to call home. Auction Details: Date: Thursday, December 12, 2024 Time: 1:00 PM Location: On-site at 71682 S 4737 Road, Westville, OK This property offers the perfect combination of comfortable living, potential rental income, and plenty of outdoor space to make your own. Whether you're a homeowner, investor, or someone seeking a peaceful retreat. This is a Must See Property!