Terms for the following properties: Parcel 1 - 5805 & 5801 Wormack St. - each with 50 x 120 lot - 3 bedroom, central heat & air, car shed ( this is owners personal living home) Parcel 2 - 1710 Norman - four 50 x 120 lots and a rented 2 bedroom mobile home Parcel 3 - 5807 Wormack - 50 x 120 lot and a rented 2 bedroom mobile home Parcel 4 - 5813 Wormack - two 50 x 120 lots with hook ups - 1 space is rented Parcel 5 - vacant 50 x 120 lot with hookups and easement Terms: Property sells "as is" with no other warranties from 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. Buyer Premium: A 10% buyer premium will be added to the final bid price to determine the contract price. Ex: $100,000 bid price + (10%) $10,000 = $110,000 contract price At the conclusion of the auction the high bidder will immediately sign a purchase agreement for their bid plus the 10% buyer premium. Down Payment/Earnest Money: Along with the purchase agreement, Bidder will submit $5000 down day of auction as earnest money on house or mobile home - $1000 down on vacant lots in the form of cash, cashier's check or certified good personal or company check 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. Financing: Property sells with no contingencies for financing, and no financing is offered by the seller. Financing should be secured before bidding. If you cannot pay the balance at closing, you will lose your down payment/earnest money. "Subject to Sellers Approval" - Seller will have 48 hrs. to accept or reject the high bid. When accepted and signed by the seller, this agreement becomes the purchase contract. 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. D L "Dink Webb 870-543-0882 AALB#62 Orrell Auctions & Real Estate PLLC - 870-723-9116 AALB# 1947

INVESTMENT RENTAL PROPERTY REAL ESTATE AUCTION Wed. July 31st at 2PM 5805 Wormack St - Pine Bluff, AR Income producing for several years - Owners have moved out of town Will sell separately or all together Parcel 1 - 5805 & 5801 Wormack St. - each with 50 x 120 lot - 3 bedroom, central heat & air, car shed ( this is owners personal living home) Parcel 2 - 1710 Norman - four 50 x 120 lots and a rented 2 bedroom mobile home Parcel 3 - 5807 Wormack - 50 x 120 lot and a rented 2 bedroom mobile home Parcel 4 - 5813 Wormack - two 50 x 120 lots with hook ups - 1 space is rented Parcel 5 - vacant 50 x 120 lot with hookups and easement Viewing: 1 pm day of auction or call D L "Dink" Webb 870-543-0882 for appointment Terms: Property sells "as is" with no other warranties from 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. Buyer Premium: A 10% buyer premium will be added to the final bid price to determine the contract price. Ex: $100,000 bid price + (10%) $10,000 = $110,000 contract price At the conclusion of the auction the high bidder will immediately sign a purchase agreement for their bid plus the 10% buyer premium. Down Payment/Earnest Money: Along with the purchase agreement, Bidder will submit $5000 down day of auction as earnest money on house or mobile home - $1000 down on vacant lots in the form of cash, cashier's check or certified good personal or company check 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. Financing: Property sells with no contingencies for financing, and no financing is offered by the seller. Financing should be secured before bidding. If you cannot pay the balance at closing, you will lose your down payment/earnest money. "Subject to Sellers Approval" - Seller will have 48 hrs. to accept or reject the high bid. When accepted and signed by the seller, this agreement becomes the purchase contract. 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. D L "Dink Webb, Auctioneer 870-543-0882 AALB# 62 Orrell Auctions & Real Estate PLLC Jimmy Orrell, Auctioneer/Broker 870-723-9116 AALB# 1947