TERMS AND CONDITIONS FOR ONLINE AUCTIONS AND USER AGREEMENT: Bidders and Auctioneer agree that the terms and conditions set forth below shall govern this online auction. All registration information provided by Bidders to Auctioneer shall be current, complete and accurate. Bidders must be 18 years of age or older. Bidders agree to not use any device, software or routine to interfere or attempt to interfere with the proper functioning of this online auction sale. Bidders acknowledge that this online auction is conducted electronically and that the Auctioneer and other parties to the online auction will therefore of necessity rely on hardware and software that may malfunction without warning. To proceed with bidder registration (Register to Bid), Bidder must first agree to the following Terms and Conditions and User Agreement listed on this page. ELIGIBILITY: Our services are available only to individuals who can enter into legally binding contracts under applicable law. Without limiting the foregoing, our services are not available to minors. If you are a minor, you may use our services only in conjunction with your parent or legal guardian. If you do not qualify, please do not use our services. Further, your account and user ID may not be transferred or sold to another party. If you are registering as a business entity, you represent that you have the authority to bind such entity to this agreement. IMPLIED WARRANTY/DISCLAIMER: Information that is used or shared by Auctioneer in connection with this online auction that has been provided by Auctioneers client, the Owner/Seller, is believed to be true and correct. Auctioneer, its owners, agents and other representatives, are not responsible for any misleading information that is provided in connection with this online auction sale. Auctioneer is not responsible for any claims related to lots. YOUR INFORMATION: You are solely responsible for providing accurate information that will be used to identify you to this online auction system, to deliver notices to you and to allow the Auctioneer to contact you. IF YOUR CONTACT INFORMATION CHANGES, then you are responsible for updating it. The Auctioneer will not be responsible for lost, delayed or misdirected notices in the event you do not update your information in a timely manner. Your personal identifying information will be protected as per D & M ASSOCIATES, LLC privacy policy, which is incorporated by reference into this Agreement. Auctioneer may refuse to provide services to anyone at any time in its sole discretion. You will be suspended or permanently banned from this site if you provide false information when registering, such as false name or false contact information. You will also be permanently banned from this site if you are the successful Bidder in an online auction and do not honor your auction bid. Our use of email addresses is strictly for contacting Bidders and Owners/Sellers; any use of this private information by anyone else or for any other reason is strictly prohibited. DESCRIPTION OF INFORMATION: The Auctioneer believes the descriptions of lots appearing in this online auction sale and in advertising prior to this online auction sale to be correct. Nevertheless, neither those descriptions nor any oral statements made by Owner/Seller or Auctioneer concerning any lot shall be construed as a warranty either expressed or implied. "LOTS ARE SOLD AS IS - WHERE IS AND WITH ALL FAULTS". BIDDER ACKNOWLEDGES THAT ALL LOTS were/are AVAILABLE for inspection PRIOR TO the online auction sale and, by these terms; Auctioneer and Owner/Seller strongly encourage Bidder to carefully inspect each lot in which Bidder has any interest. Bidder relied solely on personal inspection and not on information listed on this site or otherwise provided by Auctioneer or Owner/Seller. If Bidder failed to inspect any lot, this failure to inspect, or otherwise be fully informed as to the nature, quality, condition, quantity and size of the lot, will not constitute grounds for any claim, adjustment, refund, termination of the contract for sale, or refusal to close the sale. These written terms constitute the final expression of the parties' agreement and are a complete and exclusive statement of the terms of the contract for sale, or refusal to close the sale. The IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND ALL OTHER WARRANTIES, EITHER EXPRESSED OR IMPLIED, ARE SPECIFICALLY EXCLUDED from this contract for sale and this transaction and shall NOT apply to the merchandise that is the subject of this sale and this transaction. The Auctioneer is not responsible for the actions the Owner/Seller and the Buyers take before, during, and after the online auction sale, typographical errors, misprints, loss of merchandise/money, damage or failure of equipment due to visits to this site. Use of this site is at Bidders own risk and all content is presented "As is-where is” with all faults. Specific terms regarding auction location, lot descriptions, payment terms, shipping and delivery, insurance and other important information is located on the first page of this site. BIDDING: Bidding is done in increments and will vary by lot according to the current price. You are encouraged to bid the maximum amount you are willing to pay for the lot (Maximum Bidding). Be aware that you may be outbid minutes before the close of the online auction and may not have the opportunity to enter another bid. You will, therefore need to monitor the auction activity to stay fully informed. In the event of a tie, the earlier bid will be considered the winning bid. When bidding ends, all sales shall be considered final. There are no exchanges or refunds absent express statement to the contrary expressed herein. A bid by any person shall be deemed conclusive proof that such person is familiar with the Terms and Conditions of Use and Auction Rules and that the Bidder agrees to be bound by them. Auctioneer will however offer: Staggered Closing: The online auction closes 3, 5 or10 items per minute. This feature will close the bidding on intervals. This feature works great with the auto-extend feature to closely emulate a 'live' auction. TIMED CLOSING: The closing time of an asset is automatically extended an additional 5 minutes whenever a bid is placed within the last 5 minutes of the asset's closing time. Every transmission over the internet travels a different route and can be delayed by a variety of factors, including the Bidder's OWN COMPUTER. The time lapse between submission of a bid and its registration can vary by several seconds. Bids are queued by Auctioneer's host computer in the order received. Bid positions are awarded on a first come first served basis. Bids are TIME STAMPED by the host computer with the time received. To be accepted, bids must be received by the host computer prior to closeout. In the event of malfunction by Auctioneer's host computer, the online auction will be stopped. If the malfunction has not affected the sale prior to the malfunction, the lots will be considered sold. Auction of any remaining lots will be completed upon correction of the malfunction. Bidding of the remaining lots will be open, with no bid positions awarded upon resumption of the auction. Any malfunction by the Bidder's computer or Internet service provider is not the Auctioneer's responsibility. Placing a bid is a binding contract between you and the Owner/Seller, and the bid cannot be retracted. Once a Bidder places a bid, and the bid is the high winning bid, the Bidder will be obligated to buy the lot at the said price indicated. Placing a bid on this online auction site, and winning, then not paying for the lot is illegal in most states, and prosecution can result. The Owner/Seller of property sold through this online auction site reserves the right to reject any and all bids. As a Bidder, you are responsible for any bids placed by you or a designated representative under your bidding number and password. The security of your Bidder information is your sole responsibility and the Bidder will be responsible for any and all bids placed under the assigned number. If, at any time, you feel that your Bidder number and password have been compromised, due to lack of security on your part, you must notify Auctioneer immediately. Bidders agree that when using the Maximum Bid feature on our online auction Web Site they will use it according to the terms and condition applicable to that feature. Please note that when using the Maximum Bid feature, if you are the current high Bidder and you want to change your Maximum Bid, you will be required to place a new bid in the increment designated for that lot in order to raise your Maximum Bid, which may cause you to raise your last high bid by one bid increment. You as a Bidder understand and agree to how the Maximum Bid feature works if you choose to use it. BUYERS PREMIUM: The use of a “Buyer’s Premium” will be implemented at any time. The Buyer’s Premium will be added to the hammer price of each lot to be paid by the buyer as part of the purchase price. The Buyer’s Premium may vary from 5% to 15%. It is the Seller/Owner’s choice to use a Buyer’s Premium. The Buyer’s Premium will be advertised on the Home Page, Auction Page and in all media advertising. BID RETRACTIONS: There are no bid retractions. ALL BIDS ARE NON-CANCELLABLE - ONCE SUBMITTED. Once a bid is made and confirmed, it cannot be retracted. When a bid is made you manifest your intent and ability to buy the lot at the bid price. A false or fraudulent bid may result in legal action. Any winning Bidder who refuses to purchase the lot may be banned from all future online auctions. Despite efforts to avoid the withdrawal of lots from the online auction sale after they are listed, it may sometimes be necessary to withdraw lots; therefore, the Owner/Seller reserves the right to do so at any time before or during the online auction sale. OPENING MINIMUM BID: D & M Associates will set an opening minimum bid. Once the Opening Minimum Bid is met, the lot item will sell “unreserved”. The Opening Minimum bid protects the Seller/Owner from low ball bids only. i.e.; .05 cents. .01 cents, etc. Owner/Seller has the right to set an opening minimum bid. LIMIT OF LIABILITY: In no event shall the Auctioneer be liable for lost profits or any special, incidental, or consequential damages whatsoever arising out of or in connection with any sale or transaction. Auctioneer reserves the right to reject or void bids, whether winning or not, that Auctioneer deems not to have been made in good faith, or that are restricted, prohibited, or taxed due to local laws. Auctioneer is the one and only judge regarding the determination of winning bidders, and the single deciding authority if disputes should arise, and accepts no liability for any errors or omissions. Auctioneer reserves the right to reopen bidding on any disputed bids or ties. Auctioneer reserves the right to postpone or cancel a sale without notice; if it is determined that such action is appropriate for whatever reason IS Auctioneer's sole discretion. Auctioneer will neither have liability nor obligation to the intended bidders as a result of any withdrawal, cancellation, or postponement of any sale. TITLE AND DELIVERY: Title passes to the high Bidder at the end of the allotted bidding time for each lot. All risk of death, damage, or injury to each lot becomes the Buyer's risk upon the end of the allotted bidding time. Each Buyer, following his or her purchase, will receive an Acknowledgment of Purchase via EMAIL outlining the details of the transaction including payment, settlement and final terms. All Bidders' will be responsible for their own removal of purchased items. All winning bidders will be responsible for their own labor, trucks, trailers, ramps, hand tools, tools, wrapping, boxes, and any other means of removing items from the auction facility. REGISTRATION, TITLE PAPERS: Registration and title papers shall be delivered from the Owner/Seller to the Buyer within 45 days of the Buyer's payment clearing the bank or acceptance of final payment. The Owner/Seller is responsible for the transfer of registration papers. The Auctioneer assumes no responsibility for registration transfers. PAYMENT: Payment for purchases must be made payable to D & M Associates, LLC, unless otherwise noted in the specific online auction's terms and conditions. Buyer must acknowledge and agree not to retract the purchase offer. Buyer shall be responsible for making arrangements for delivery of merchandise. All bids are in US dollars; all settlements will be paid in US dollars. AUTHORIZED AGENTS: Persons acting as agents must so indicate by a letter or email. DEFAULT OF PURCHASE: If any person shall purchase a lot and fail to pay for it in the manner described above, the Owner/Seller shall have, in addition to all other legal rights, the right to resell the lot, or, at Owner/Seller's option, bring an action for specific performance, in which event the defaulting Buyer agrees to pay all costs of such suit, together with all reasonable attorney's fees and expenses. In the event of a resale, the defaulting Buyer agrees to pay all costs of resale, plus any deficiency between the original purchase price and the total price upon resale. If Buyer brings a lawsuit against Auctioneer and does not prevail, Buyer will reimburse Auctioneer for all reasonable legal fees and expenses incurred in connection with said suit. INDEMNIFICATION: Bidders and Owner/Seller agree to indemnify and hold this online auction site, its owner, and its parents, subsidiaries, affiliates, officers and employees, harmless from any claim or demand, including reasonable attorney's fees, made by any third party due to or arising out of Bidders and Owner/Sellers use of the online auction service, the violation of these terms of service, the infringement of the service using Bidder's computer, or of any intellectual property or other right of any person or entity. LEGAL COMPLIANCE: You shall comply with all applicable domestic and international laws, statutes, ordinances, and regulations regarding your use of our online auction service and your bidding on, listing, purchase, solicitation of offers to purchase and sell lots. NO AGENCY: You and Owner/Seller and D & M Associates, LLC are independent contractors, and no agency, partnership, joint venture, employee-employer, or franchiser-franchisee relationship is intended or created by this Agreement. ARBITRATION: Any legal controversy or legal claim arising out of or relating to this Agreement or our online auction services, excluding legal action taken by D & M Associates, LLC to collect our fees and/or recover damages for, or obtain an injunction relating to, D & M Associates, LLC online auction site operations, intellectual property, and our online commercial arbitration rules of the American Arbitration Association. Any such controversy or claim shall be arbitrated on an individual basis, and shall not be consolidated in any arbitration with any claim or controversy of any other party. The arbitration shall be conducted in Lewistown, Montana, and judgment of the arbitration award may be entered by any court having jurisdiction thereof. Either you or D & M Associates, LLC may seek interim or preliminary injunctive relief from a court of competent jurisdiction in Lewistown, Montana necessary to protect the rights or property of you or D & M Associates, LLC pending the completion of arbitration. Should either party file an action contrary to this provision, the other party may recover reasonable attorney's fees and costs. GENERAL: This Agreement shall be governed in all respects by the laws of the State of Montana; as such laws are applied to agreements entered into and to be performed entirely within with in Montana between Montana residents. Bidders expressly consent to jurisdiction over any dispute(s) that may arise hereunder or related hereto in the State of Montana and venue in Bozeman, Montana. We do not guarantee continuous or uninterrupted, or secure access to our online auction services and operation of our online auction site may be interfered with by numerous factors outside of our control. If any provision or portion of a provision of this Agreement is held to be invalid or unenforceable for any reason, such provision or portion of a provision shall be struck and the remaining provisions shall be enforced. You agree that this Agreement and all incorporated agreements may be automatically assigned by D & M Associates, LLC, in our sole discretion, to a third party, in the event of a merger or acquisition. Headings are for reference purposes only and in no way define, limit, construe, or describe the scope or extent of such section. Our failure to act with respect to a breach by you or others does not waive our right to act with respect to subsequent or similar breaches. D & M Associates, LLC provides a venue and mechanism to bring Buyers and Owner/Seller together over the Internet. Since we do not participate in the physical transaction between Buyers and Owners/Sellers, we do not have any control or assume any responsibility for the quality, safety, or legality of the lots advertised, the truth or accuracy of the listings, the right or ability of the Owners/Sellers to sell lots or the right or ability of Buyers to buy lots. Additionally we do not have control over whether Buyers or Owners/Sellers actually complete the transaction. Because user authentication on the Internet is difficult, we cannot confirm the identity of Bidders and we take no responsibility for the validity of each Bidder and/or bid. By using the Service, you acknowledge that D & M Associates, LLC cannot possibly authenticate Bidders validity, and in the event of a dispute between Bidders, you release Burns Auctions and Appraisal, LLC, our partners, employees, and agents from claims, demands, and damages (actual or consequential) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. D & M Associates, LLC may amend these terms and condition at any time by posting the amended terms on our Web Site. The amended terms shall automatically be effective 10 days after they are initially posted on our Web Site. These terms and conditions will be reviewed and revised every 6 months beginning January 15, 2012. PRIVACY POLICY: You must submit personal information at the time of registration to bid on this auction site. We will never give or sell your information to any outside company. The information you provide us with will only be used by US, the auction company and the Owner/Seller that you purchase items from, to maintain records for the auction sales and to aid us in providing service to you. This online auction site contains links to other sites. We are not responsible for the privacy practices or the content of OTHER Web Sites. YOUR CONSENT: By using our Web Site, you are consenting to the collection and use of this information by this auction company. We use email mailing lists to notify our customers and online and live auctions. If your email or other registration information changes; please notify us immediately. If you are receiving a particular mailing and wish to discontinue receiving future mailings, simply forward the received email to us and we will promptly remove your name from our list.