10% BUYER'S PREMIUM - TERMS & CONDITIONS PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING. IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS, PLEASE DO NOT BID. BY BIDDING ON THIS AUCTION, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE ITEMS(S) UNDER THE FOLLOWING TERMS AND CONDITIONS: General Terms of the Auction: Information is subject to change. All lots are sold as is, where as, with all faults, imperfections and errors of description. Due diligence is the responsibility of the bidder/buyer. All sales are final. No credit card charge backs will be allowed. Purchases may be removed upon receipt of payment in full. Buyers assume complete responsibility for care of each purchase at time of sale. We reserve the right to refuse service to anyone. All statements made prior to the sale of any item take precedence over written material and any prior verbal statements. The auction company is not responsible for accidents, thefts, errors or omissions. 1. Catalog: Lincoln Crum Auctions has put forth every effort in preparing the catalog for this auction to provide accurate descriptions of all items. All property is sold 'as-is' and it is the bidder's responsibility to determine the exact condition of each item. Printed statements or descriptions by staff are provided in good faith and are matters of opinion. Bidders are encouraged to attend the scheduled inspection or preview days if available. 2. Buyer's Premium & Sales Tax: There is a 10% buyer's premium added to your total purchase. Please factor this into your bidding, whether in-person or online! Sales tax will be collected on the total, if applicable. 3. Registration: In order to better serve our customers, all bidders must provide their name, address, daytime phone number, and email address at which they can be contacted. This is to ensure good communication between Lincoln Crum Auctions and the bidder throughout any transactions. For online bidding, we require you to register with a credit/debit card. The card information is kept confidential and is not automatically charged when you are a successful bidder. Lincoln Crum Auctions reserves the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to Lincoln Crum Auctions or in their sole opinion detrimental to Bidding Activity, then Lincoln Crum Auctions reserves the right to delete the bidder from bidding or unilaterally change the username with notification to the Bidder. 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. 4. Bidding: The auctioneer shall be the final judge in all bidding disputes and shall name a bidder as the purchaser. The auction company shall not be held responsible for any 'missed' bids. By bidding on any item, the bidder shows acceptance of the terms of the auction. Our online auctions move quickly! If you are online and interested in an item, bid quickly. 5. Payments: We accept cash, checks, Visa, MasterCard, American Express and Discover cards or wire transfer. If the buyer chooses to pay by credit/debit card, there will be an additional 3% buyer's premium applied. There is no additional buyer's premium if payment is made with cash or check. Any transaction necessary to collect insufficient funds will have a $50 fee imposed. If you are a successful bidder, you will receive an email detailing the date(s) and location where you may pick up your items, or have them shipped. At that time you may choose to pay for your purchase using the credit/debit card we have on file or pay by cash or check. A 3% buyer's premium is applied to all credit/debit purchases. There is no additional buyer's premium if purchase is made with cash or check. After the pick-up date(s) if not contacted by the buyer to make shipping arrangements, credit/debit card will be charged. Your credit/debit card will be charged for your purchases, plus buyer's premiums, any taxes and premium for charge to card. Each transaction necessary to collect insufficient funds will have a $50 fee imposed. 6. Pickups: It is the buyer's responsibility to review their purchases and their condition before removing items from the premises. 7. Shipping: The auction company, through the United States Postal Service or the local United Parcel Service store, can arrange packing and shipping. Packing and shipping costs are the responsibility of the buyer and will be quoted by the UPS Store before shipping. It is the buyer's decision to insure purchased items. Our first priority is to deliver your new purchase in excellent condition. If you wish to ship your items as opposed to picking up your items, you must notify Chris (chris@lincolncrum.com) or Tammie (tammie@lincolncrum.com) within 24 hours upon receipt of your invoice. 8. Missing Items: We document the contents of each package. If we have missed an item in your shipment our documentation will show that. Please notify us within 2 business days of receiving the package if you think something is not included. If our documentation shows it was not packed, we will forward it immediately at our cost. We are not responsible for boxes opened by anyone other than the owner. Please check the entire box and packaging for contents. DO NOT discard the original shipping box and packaging if you think something is missing or damaged. 9. Unpaid Balances: The purchaser agrees to pay all reasonable attorney fees and costs incurred by the auction company in the collection of funds. The purchaser also 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. Any debt collection or dispute proceedings will be heard in Clark County, Indiana. 10. Technical Issues: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Lincoln Crum Auctions reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Lincoln Crum Auctions, shall be held responsible for the failure of the software to function properly for any reason. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.

Online Only Stated Reserve Auction! The reserve is set at $50,000. A 10% buyer's premium will be added to the high bid to determine the final selling price. Auction bidding will take place at http://LincolnCrum.HiBid.com. This sprawling ranch is ready for updates and renovation. There are 3 bedrooms, a family room, and living and dining rooms along with an eat-in kitchen, 1 1/2 baths, and a detached 18'x18' garage. The yard is fenced with chainlink. Fantastic location with proximity to the East End bridge and a great investment. 10% down (non-refundable) due auction day, balance by 12/31/2022. No contingencies on appraisal, inspection, or financing. TERMS A 10% buyers premium will be added to the high bid to determine the final selling price. Taxes prorated to the date of closing. Possession upon closing. Seller will provide deed and clear title search, buyer will pay all other cost associated with the closing. A nonrefundable earnest money deposit equal to 10% of the high bid will be collected immediately following the auction closing. This auction is not contingent upon appraisal, inspections, or financing. The deposit can be paid in the form of cash, check or wire transfer. This is a stated reserve auction, once the high bid reaches $50,000 plus the 10% buyer's premium the auction format will switch to an absolute auction, selling to the winning bidder upon the closing of the bids online. ATTENTION REALTORS/BROKERS: Earn a 2% co-op commission for registering your buyer if they are the winning bidder. You must register your buyer with Lincoln Crum who can be reached at 812-282-6043 or lincokn@lincolncrum.com. Auction ends on Sunday, December 11th at 6 PM. Open house will be held Wednesday, November 23rd from 10 AM to 12 noon, on location (or by appointment.) For more information please email lincoln@lincolncrum.com or call our office at 812-282-6043.