REAL ESTATE AUCTION TERMS 3720 McEntire Rd Pine Bluff, AR 71611 Terms: At the conclusion of the auction, the high bidder will immediately sign a purchase agreement for their bid plus the 10% buyer premium and submit $10,000 earnest money in the form of cash, cashier's check or good personal or Company check. Seller will have 48 hrs to accept or reject the bid. When accepted and signed by the seller, this agreement becomes the purchase contract. Buyer Premium: A 10% buyer premium will be added to the final bid price to determine the contract price. Example: $60,000 bid price + (10%) $6000 = $66,000 contract price Down Payment/Earnest Money: With purchase agreement, Bidder will submit $10,000 to be deposited and escrowed in Orrell Auctions & Real Estate PLLC's Trust Account. Balance of purchase price required in approximately 30 -45 days at closing. Down payment will be credited to buyer at closing. If you cannot close you will forfeit your down payment. Warranties & Contingencies: 1. Property sells "as is" with no warranties from the seller other than good title. Inspections should be conducted before the auction. If you bid, you are agreeing that you are satisfied with the Property in its current condition at the price you bid. 2. Financing: Property sells with no contingencies for financing, and no financing is offered by the seller. Financing should be arranged before bidding. If you cannot pay the balance at closing, you will lose your down payment/earnest money. Title: Seller will guarantee good title at closing by providing Owner's Title Insurance and a Warranty Deed free of all liens and encumbrances but subject to any easements of record. Closing will be in approximately 30 - 45 days from auction. Seller pays 1/2 closing fee, 1/2 Revenue Stamps, Owner's Policy of Title Insurance, deed preparation. Buyer pays 1/2 closing fee, 1/2 Revenue Stamps, deed recording fee and any other expenses generated by Buyer, including, but not limited to, Loan Policy of Title Insurance, hazard insurance premiums, survey, Buyer's attorney fees, and any other fees associated with Buyer's loan, if any. Property taxes will be prorated as of the date of closing. Orrell Auctions & Real Estaste PLLC - 870-723-9116

Real Estate Auction 3720 McEntire Rd - Pine Bluff, AR 71611 Live Bidding On Site - Tue. July 9th at 2PM House & 4.18 acres on bank of Bayou Bartholomew - 2488 sq ft wood frame w/ metal roof- 3 bed - 2 bath - 2 car garage - 304 sq ft front porch - 30 x 60 rigid frame shed Viewing: By appointment, call Dink Webb 870-543-0882 or view at 1 PM day of auction. For more info call D L "Dink" Webb 870-543-0882 AALB#62 Terms: At the conclusion of the auction, the high bidder will immediately sign a purchase agreement for their bid plus the 10% buyer premium and submit $10,000 earnest money in the form of cash, cashier's check or good personal or Company check. Seller will have 48 hrs to accept or reject the bid. When accepted and signed by the seller, this agreement becomes the purchase contract. Buyer Premium: A 10% buyer premium will be added to the final bid price to determine the contract price. Example: $60,000 bid price + (10%) $6000 = $66,000 contract price Down Payment/Earnest Money: With purchase agreement, Bidder will submit $10,000 to be deposited and escrowed in Orrell Auctions & Real Estate PLLC's Trust Account. Balance of purchase price required in approximately 30 -45 days at closing. Down payment will be credited to buyer at closing. If you cannot close you will forfeit your down payment. Warranties & Contingencies: 1. Property sells "as is" with no warranties from the seller other than good title. Inspections should be conducted before the auction. If you bid, you are agreeing that you are satisfied with the Property in its current condition at the price you bid. 2. Financing: Property sells with no contingencies for financing, and no financing is offered by the seller. Financing should be arranged before bidding. If you cannot pay the balance at closing, you will lose your down payment/earnest money. Title: Seller will guarantee good title at closing by providing Owner's Title Insurance and a Warranty Deed free of all liens and encumbrances but subject to any easements of record. Closing will be in approximately 30 - 45 days from auction. Seller pays 1/2 closing fee, 1/2 Revenue Stamps, Owner's Policy of Title Insurance, deed preparation. Buyer pays 1/2 closing fee, 1/2 Revenue Stamps, deed recording fee and any other expenses generated by Buyer, including, but not limited to, Loan Policy of Title Insurance, hazard insurance premiums, survey, Buyer's attorney fees, and any other fees associated with Buyer's loan, if any. Property taxes will be prorated as of the date of closing. For more info call D L "Dink" Webb 870-543-0882 AALB#62 Orrell Auctions & Real Estate PLLC 870-723-9116 AALB#1947