REAL ESTATE AUCTION TERMS 9200 Meadowood Ln Pine Bluff. AR Summary of Real Estate Auction Terms: The property sells with clear title, "as is", by legal description. Seller to provide Warranty Deed and title insurance. Property will sell subject to Sellers approval of final bid. 10% buyer premium. $5000 down as earnest money on day of auction, balance due at closing in 30 - 45 days. Announcements made auction day take precedence over any previous oral or printed announcements. Terms: At the conclusion of the auction, the high bidder will immediately sign a purchase agreement for their bid plus the 10% buyer premium and submit $5000 earnest money in the form of cash, cashier's check or good personal or Company check. Seller will have 48 hrs to accept or reject the bid. When accepted and signed by the seller, this agreement becomes the purchase contract. Buyer Premium: A 10% buyer premium will be added to the final bid price to determine the contract price. Example: $60,000 bid price + (10%) $6000 = $66,000 contract price Down Payment/Earnest Money: With purchase agreement, Bidder will submit $5000 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. Warranties & Contingencies: 1. Property sells "as is" with no warranties from the 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. 2. Financing: Property sells with no contingencies for financing, and no financing is offered by the seller. Financing should be arranged before bidding. If you cannot pay the balance at closing, you will lose your down payment/earnest money. 3. Survey: a recent survey was completed by Burke Surveying LLC on Sept 26, 2018 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. Orrell Auctions & Real Estaste PLLC - 870-723-9116

3 Bedroom – Central Heat & Air – Slab Foundation – Very nice 1 acre lot with lots of trees – Country Living – 1435 Sq Ft – Built in 1992 Viewing: 1pm Day of Auction or by appointment Call Dink Webb 870-543-0882 Terms: 10% buyer premium added to final bid determines contract price. $5000 down day of auction with balance due in approximately 30 days D L "Dink" Webb 870-543-0882 AALB#62 Orrell Auctions & Real Estate PLLC AALB#1947