AUCTION TERMS: All of the Mortgaged Property shall sell to the highest bidder, "AS IS, WITH ALL FAULTS, WITH NO REPRESENTATIONS OR WARRANTIES OF ANY KIND," subject to easements, rights of way, covenants, permits, reservations and restrictions of record, title defects, superior liens, environmental hazards, unpaid real estate taxes (delinquent and current, with all penalties and interest as of the date of closing on the sale of the property after confirmation of the sale by the Vermont Superior Court), and municipal liens, if any. A deposit shall be paid at the time of the public sale of $10,000 in the form of cash, a bank treasurer's check, or certified funds. The deposit is subject to forfeiture. Plaintiff is authorized to require the purchaser (other than the mortgagee) to sign a no contingency Purchase and Sale Agreement (other than subject to confirmation by the Court) at the time of the Public Sale. See JUDGMENT AND DECREE OF FORECLOSURE BY JUDICIAL SALE for further information.