15% Buyers Premium, 6% VA Sales Tax Auction Terms & Condition BE SURE TO ADD OUR EMAIL TO YOUR CONTACT LIST SO YOU RECEIVE ALL NOTICES AND INVOICES. Every auction lot is sold "as is, where is, with all faults known or unknown" without warranty or guarantee of any kind. Inspections of lots are provided by photos or special preview before and during the online auction. Bidders are asked not to bid on or purchase any item or a lot they have not inspected to their complete satisfaction as ALL SALES ARE FINAL. NO REFUNDS OR RETURNS. REMOVAL OF BIDS Bidding on an item is a contract. Once you place a bid you have told UCABC/HI-BID, "YES PLACE MY BID", additionally, you have taken the high bid away from someone else. You cannot back out of a bid you placed AS IT AFFECTS EVERY OTHER BIDDER ON AN ITEM Photos of items sometimes contain features of other inventory. While UCABC makes all effort to photograph each lot in full, you are bidding on the description. DISCLAIMER: All information was gathered from sources deemed reliable and is provided as a courtesy of United Country--A.B. Cole & Associates LLC. It is the responsibility of the bidder to verify all information to their satisfaction. All information is subject to change. At the request of the auction company, this auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf. In accordance with UCC 2-328, this auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder. By Registering for this auction, Bidder recognizes and accepts these TERMS as a CONTRACT TO PURCHASE. Registration on-line with a valid Credit Card (Visa/MasterCard/AMX/Discover). Your card will be charged $1 for verification only and will be applied to purchase or reimbursed if no purchases are made. Declined Credit Cards: Any bidders with credit cards that are declined will be charged a $25 processing fee to run another credit card - NO EXCEPTIONS! 1. Please note: All bidders and others attending and participating in this auction whether in person, by internet, or by any other means, agree that they have read and fully understand these terms and agree to be bound thereby. 2. RESERVE The auctioneer reserves the right to reject any and all bids. 3. WARRANTY All merchandise is sold "as is, where is". There are no warranties expressed or implied and no guarantees. All sales are final. Please inspect items when available and bid accordingly. UCABC assumes no liability for owner guarantee. 4. RESPONSIBILITY Purchaser assumes complete responsibility for items at time the items closes. It is the sole RESPONSIBILITY of the Internet bidder to be familiar with the Internet bidding process. Questions or issues arising while bidding should be addressed prior to close of sale with UCABC 5. PAYMENT Complete payment in full required day of auction. Nothing shall be removed from premises before settlement. Title passes when purchasers funds clear. For CC users, a pre-auction authorization shall be performed to establish available credit. Nothing will be charged to your credit card until a purchase is made. 6. CLAIMS No claims will be allowed after close of on-line bidding. Any purchased items remaining after 30 days will be deemed abandoned and ownership returned to seller. 7. RECORDS The record of sale kept by the Auctioneer and Accounting Staff will be taken as final in the event of any dispute. 8. PERSONAL AND PROPERTY RISK Persons attending during exhibition, sale or removal of goods assume all risks of damage of, or loss to, personal property and specifically releases the auctioneer from liability therefore. Neither the auctioneer nor his principal shall be liable by reason for a defect in, or condition of, the premises on which the sale is held. If you register for someone else or allow someone else to use your bid number and password, you are responsible for all lots purchased and charges made against that bid number. Safeguard your bid number and password. 9. AGENCY The Auctioneer is acting as agent only, and is not responsible for acts of its principals. UCABC and its sellers assume no risk, liability or responsibility for the authenticity of the authorship of any property identified in this catalog. All property is sold AS IS, WHERE IS, and with NO WARRANTY and neither UCABC nor the sellers makes any warranties or representations of any kind with respect to property. Statements in the catalog or made at the sale, bill of sale, invoice or elsewhere shall not be deemed an assumption of liability, warrant, representation as the description, genuineness, attribution, provenance or condition of the property. Prospective bidders should inspect the property before bidding to determine its condition, size and whether or not it has been repaired or restored. UCABC and the sellers make no representation or warranty as to whether the purchaser acquires any reproduction rights in the property. Descriptions are believed to be accurate but not guaranteed. 11. BUYERS PREMIUM A 15% buyers premium will be added to each purchase. If you bid $100.00 at check out you will be charged $115.00 (Unless otherwise noted in the specific event items). 12. We reserve the right to withdraw any property before sale. 13. Unless otherwise announced by the auctioneer, all bids are per lot as numbered in the catalog. 14. On the fall of the auctioneers hammer or pronouncement of "sold" in any form or manner, title to the offered lot will pass from Seller to the highest bidder acknowledged by the auctioneer, subject to all the conditions set forth herein, and such bidder thereupon assumes full risk and responsibility therefore. We reserve the right to impose a late charge of 1 1/2% per month on the total purchase price if payment is not made in accordance with all of the conditions set forth herein. All property must be removed from the premises by the purchaser at his expense in the timely manner previously set forth. If any applicable conditions herein are not complied with by the purchaser in addition to other remedies available to us and the Seller by law, including with limitation the right to a) hold the purchaser liable for the total purchase price, we at our option may either cancel the sale, retaining as liquidated damages all payments made by the purchaser of b) resell the property at public auction, and the purchaser shall be liable for any deficiency costs, including handling charges, the expenses of both sales, or commission on both sales at option. Payment will not be deemed to have been made in full until we have collected funds 15. INTERNET BIDDING Any auction where Internet bidding/live auction is used, UCABC shall not be held liable for electronic bids not sent, received, or executed. BIDDING: All bidders are required to register on-line in order to bid. You must have available balance on your credit card for your online purchases. WHEN YOU BID ON ANY ITEM, YOU ARE ENTERING INTO A BINDING CONTRACT. IF YOUR BID IS THE WINNING BID ON ANY ITEM(S), YOUR CREDIT CARD WILL BE CHARGED FOR EACH AND EVERY ITEM PURCHASED AND YOU WILL BE REQUIRED TO PICKUP YOUR ITEMS. When the auction closes, your credit card will be charged for your purchases and an invoice emailed to you. You will need this printed invoice in order to pick up your purchases. 16. BUYERS CONTRACT Your Internet bids are a contract and you are responsible for honoring them.The internet bidder agrees and acknowledges that all purchases made from this auction website will be charged to their credit card on the day of the auction. 17. TECHNICAL DIFFICULTIES If technical difficulties occur during the closing of an abcole.com sale we reserve the right to extend the closing times/dates as needed. 18. CANCELLATION UCABC reserves the right to: cancel, suspend, extend, or reschedule an individual item and or event. 19. PREVIEW Most events feature a preview, inspection or open house at some point prior to the conclusion of the auction. Approximately, 40% of the bidders attend the preview. When an event does not feature a preview, bidders should carefully consider the descriptions, photos, details and terms of sale, then bid accordingly. UCABC reserves the right to make changes to the event catalog, inspection, removal or closing times. 20.AUCTION CLOSE Each auction will end at a specified time. However, we use an auto-extend feature. With this feature, the bidding will remain open on any item that has received a bid within the last 1 minute. Once 2 minutes has lapsed without any bidding activity the bidding on the item will be closed. If there is more than one item in an auction the items will have staggered ending times. Each item will close 30 seconds after the previous unless extended bidding occurs as mentioned above. 21. PAYMENT At the conclusion of the event your credit card on file will be automatically charged for the entire amount of your purchases. Accepted forms of payment include Visa/ MasterCard/AMEX/DISC. You must have available balance on your credit card for your online purchases. Declined Credit Cards: Any bidders with credit cards that are declined will be charged a $25 processing fee to run another credit card - NO EXCEPTIONS! A paid invoice will be sent to the e-mail address in your bidder profile. IMPORTANT: If you use multiple e-mail addresses, make note of your registered e-mail address. Only the address provided at registration is sent notifications, alerts and final invoices. 22. BID NOTIFICATION: If you have been outbid you will be notified by email until the close of the sale. To quickly review your bids and see if you have won you can utilize the ?review bids? feature. Items that you have been outbid on will be clearly marked. WINNING BIDDER NOTIFICATION: You will be contacted by email ONLY (you are responsible for checking your e-mail). If you feel you have won an item and have not received an email you must notify our office within 12 hours of end of aucition. If you do not receive a paid e-mail invoice then you did not win any items during the online auction. The auctioneer will have the option of reselling, removing, storing or abandoning, at the expense and risk of the purchaser items not paid for and or removed within the specific time. The buyer agrees to pay all deficiencies, legal, collection, transportation and storage expenses associated with delinquent accounts or abandoned items. Any purchased items remaining after 30 days will be deemed abandoned and ownership returned to seller. 23. ITEM IDENTIFIED BY DESCRIPTION Always bid on the item description. Only use the photographs as a guide. For demonstration purposes, equipment may be joined and photographed together. Do not assume a lot consists of more than one item simply because they are connected or pictured together. You are bidding on the item as described Please take advantage of the onsite inspection and read the descriptions. Please notify our customer service team if you believe an item is incorrectly photographed 24. ON-LINE ONLY BIDDING Only online bids can be made. We do not accept written, oral, email or telephone bids. 25. BIDDING ERRORS After you submit your bids, you are presented with a verification page. Please confirm your bids prior to proceeding. If after the confirmation page you mistakenly increase your own bid, place your bidder number in the bid field, or make a typo, you must immediately notify our customer service team. It is the sole RESPONSIBILITY of the Internet bidder to be familiar with the Internet bidding process. Questions or issues arising while bidding should be addressed prior to close of sale. 26. REMOVAL OF BIDS Bidding on an item is a contract. Once you place a bid you have told UCABC/HI-BID, "YES PLACE MY BID", additionally, you have taken the high bid away from someone else. You cannot back out of a bid you placed AS IT AFFECTS EVERY OTHER BIDDER ON AN ITEM. DISCLAIMER: All information was gathered from sources deemed reliable and is provided as a courtesy of United Country--A.B. Cole & Associates LLC. It is the responsibility of the bidder to verify all information to their satisfaction. All information is subject to change. PLEASE READ: At the request of the auction company, this auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf. In accordance with UCC 2-328, this auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder. By signing registering for this auction you give ABCole & Associates permission to add your name to their mailing list. You may unsubscribe at any time. Announcements made day of auction take precedence over all distributed material whether printed or electronic. Questions and Contact Information Please call 757-539-9866 or email imbid1@abcole.com for more information about the auction. Problems with or questions about Internet bidding should be directed to admin@abcole.com

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