Shepherd Auctioneers LLC - Auction Information - Terms and Conditions Auction Terms & Conditions: Shepherd Auctioneers LLC retains the right to govern goods and services sold to clients and to maintain the level and integrity of our business. Shepherd Auctioneers LLC has the right to terminate the auction at any time; withdrawal from sale of any item; to sell at this auction items not listed; to group one or more lots into one or more selling lots or to subdivide into two lots or more selling lots. Shepherd Auctioneers LLC also reserves the right to sell all of the times listed in bulk. Payment: A.) All payments will be required at the time of pick-up. Buyers may pay using a credit card or with cash. B.) Buyer's Premium is 10% Online C.) Buyer specifically waves the right to dispute or deny payment for any purchases made with a credit card. D.) No items will be removed until they have been paid for. Buyer is responsible for removal of all purchased goods. All items that are transported in the back of a pickup truck or on a trailer are required to sign Shepherd Auctioneers LLC liability waiver prior to removing items. No abandonment of purchased items is allowed. All abandoned items will be sold for storage and moving fees. E.) There will be a 4% fee if Buyer is paying with a credit card. F.) Sales tax will be applied to all purchases when applicable. Loading Equipment: A.) Buyer is responsible for their own removal of all items. Please bring any packing material and boxes that you may need. Please bring assistance to move heavy items to your vehicle and any tools for dismantling. Pick Up Of Items: **There will be NO SHIPPING available of items from this auction** A.) All items must be picked up on the scheduled pick-up date. B.) Outside of the Frankton location, all items must be picked up on the scheduled pick-up times. If they are not, they will be considered abandoned and become the possession of Shepherd Auctioneers LLC with no refund issued to the Buyer. C.) Frankton Location: Any item remaining in our building 7 days after the scheduled auction pick up will be considered abandoned and become the possession of Shepherd Auctioneers LLC and no refund will be issued to the Buyer. No Liability: A.) Shepherd Auctioneers LLC assumes no liability for your purchases. The buyer assumes and does agree to indemnify and hold the auction company and seller harmless from any future claim that shall pertain to fitness or use of the asset being purchased. B.) Persons attending during exhibition, sale or removal of goods assume all risks of damage or loss to person and property and specifically release and indemnify Shepherd Auctioneers LLC from liability therefore. Neither Shepherd Auctioneers LLC nor his principal or seller shall be liable by reason of any defect in or condition of the premises in which the sale is held. Consigners & Bidders: 1.) All consignors must fill out a contract with Shepherd Auctioneers LLC, sign forms and abide by our terms listed. 2.) All bidders must register for bidder's numbers using property ID or proper information. 3.) Any employee of Shepherd Auctioneers LLC may bid at any auction if they wish to purchase an item. 4.) All items become the sole responsibility of the purchaser when the auctioneer confirms your bid as the successful winner. Shepherd Auctioneers LLC are not responsible for lost or stolen items. 5.) If there is any dispute between two or more bidders, Shepherd Auctioneers LLC or it's auctioneer, may decide the successful bidder. The decision of Shepherd Auctioneers LLC or it's auctioneer, shall be final and absolute. Loss of Bidding Privileges: A.) If you have failed to pay for an item, your bidding privileges will be revoked. Your privileges may be restored by paying for the item or repaying for the loss of the revenue due to the items not having been sold and by placing a credit card on permanent file whereby future purchases will automatically be charged. Delinquent Accounts: A.) The bidder that has not paid for, or has not removed their items from the auction site, will be subject to the cost of storage, trucking, re-sale, deficiency balances, collection fees, and any legal fees for recouping a loss due to the bidder's negligence. Reserves: A.) Any and all items that Shepherd Auctioneers LLC agrees to sell are subject to a reserve as per Indiana State Auction Law. Documents: A.) All documents must be completed in full by buyers and sellers. For Example: Death Certificates, Letters of Authority, Creditor Leins, and UCC's when purchasing vehicles, firearms, etc. B.) All gun buyers are required to pay for their firearm at our location and provide a copy of their Driver's License. All firearms will continue to stay in the possession of the owners and will be taken to a licensed FFL (Federal Firearms Licensing) Dealer. The FFL Dealer's information will be provided to the Buyer when the firearm has been paid for. The Buyer will make arrangements with the FFL Dealer to complete Buyer's background check and pick up of firearm. Buyer will pay the FFL Dealer a separate fee to complete this process. If Buyer does not pass a background check, Buyer will forfeit the price paid and the firearm! Compliance With the Terms of Sale: A.) In default of payment of bills in full within the time announced for this auction Shepherd Auctioneers LLC in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. B.) Shepherd Auctioneers LLC is in complete accordance with Indiana statutes and Indiana Administrative codes, Title 25, Title 812, Department of Revenue Tax Bulletin #20, and Reference IC 6-2-4. Warranties: A.) Everything is sold "AS IS/WHERE IS" with no warranties, representation or guarantees expressed, implied or otherwise given. All sales are final. Conditions of Items Sold: A.) All information is believed to be accurate, but Shepherd Auctioneers LLC shall not be responsible for the correct description, authenticity, genuineness of or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloging or any imperfection not noted. No deduction will be allowed on damaged articles as all goods are being exposed for public exhibition are sold "as is" and without recourse. Shepherd Auctioneers LLC requires any and all buyers to preview and make your own opinion of conditions. Auctioneers have the right to refuse service or eject any person obstructing the auction process. The record of sale kept by Shepherd Auctioneers LLC, the audio tape of the auction and the bookkeeper records will be taken as final in the event of any dispute. Richard Shepherd, Auctioneer # AU12200040 Shepherd Auctioneers LLC, Auction Company # AC32200011

We are honored to be chosen to sell items from the Ray Estate (Elwood, IN), Lausch Family (Cicero, IN) as well as other consignors. This is an ONLINE ONLY auction. To place your bids, please visit the following link: https://shepherdauctioneers.hibid.com -AUCTION STARTS: Thursday, June 1, 2023 -AUCTION PREVIEW: Thursday, June 8, 2023 from 6 p.m. - 8 p.m. est. The preview will be at the Shepherd Auctioneers LLC facility. IF the preview time does not work for you, please reach out to us and we will do our best to accomodate you. -AUCTION ENDS: Friday, June 9, 2023 at 8 p.m. est -PICK UP DATE: Sunday, June 11, 2023 from 12 p.m. - 4 p.m. est, We accept CASH and CREDIT CARDS only upon pick up. If you pay with a credit card, you will be charged a 4% credit card fee. 7% Sales Tax will be collected for this auction. There will be NO SHIPPING of any items from this auction. If you have any question, please contact us. Thank you.