ONLINE AUCTION - Warehouse Liquidation TERMS AND CONDITIONS READ CAREFULLY AND COMPLETELY - ALL AUCTIONS ARE DIFFERENT By Bidding in this Auction, All Bidders Agree to the Following Terms: 1. This is a Public Auction. Lots will begin closing in numerical order on January 25, 2017 at 9:00 AM CT. Bidders must provide a valid credit card to register to bid online. Inspection time: Monday January 23, 2017 from 12:00 noon until 3:00 PM Auction Site: 3201 Nafta Parkway, Brownsville, TX 78526 2. Payments must be made with a Bank Wire Transfer or a Cashier's Check delivered to auction office in Austin, TX no later than Friday January 27th. Payment will not be accepted at the auction site. Contact auction office [(512)261-3838] for Bank Wire Instructions. At the end of the auction, an invoice will be emailed to each buyer confirming winning bids and total amount due. Payments must be received in auction office no later than Friday, January 27th. If paying with a Cashier's Check, it must be sent overnight to: Jones Swenson Auction Marketing, 900 RR 620 South. Ste. C101, PMB 200, Austin, TX 78734. Funds from a Bank Wire Transfer must also be confirmed by Friday January 27th. Once paid, a paid invoice will be emailed to buyer. Auction staff will contact buyers by telephone at the end of the auction bidding to confirm form of payment. Buyers should be available by cell phone (or other phone number provided at registration). If buyer cannot be contacted within two hours after the auction has ended, Auctioneer reserves the right to declare their bids void and re-sell the items to a back-up bidder. A paid invoice is required to remove purchases. No items may be removed until payment is made in full. 3. A 15% Buyers' Premium will be added to each item purchased. 4. Sales tax will be charged unless the buyer provides a signed resale certificate. Bidders should send their resale certificate to auctioneer before bidding is complete; otherwise you will be charged sales tax. Please fax your resale certificate to (512) 261-9886 or email it to info@JonesSwenson.com. Without a certificate, sales tax will be charged. Contact auctioneer if you cannot find the correct Resale & Exempt Certificates. 5. All items in the auction are being sold, "as is, where is" without warranties or guarantees of any type and with all faults. AUCTIONEER AND SELLER EXPRESSLY DISCLAIM AND EXCLUDE THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. Bidders should rely solely on their own inspection of all items prior to the sale and should satisfy themselves as to the usefulness and value of each item. Any statement in the description regarding the items to be sold should be considered a guide and guide only. Any error in description does not relieve the buyer or his/her agent of their responsibilities. 6. Removal of purchases will be January 30th & 31st, 2017 from 9am - 5pm only. If you cannot remove your purchases on these days, do not bid. Pallet Racking will be removed by appointment starting February 1st and must be removed by February 22, 2017. Buyers assume all responsibility for packing, removal, transportation and handling of purchases. AUCTIONEER DOES NOT OFFER THESE SERVICES. NO SHIPPING IS AVAILABLE. If you cannot be on site in person for removal, plan to send a representative. There are loading docks and ramp to exterior ground level available. Please come prepared. If you cannot remove your purchases under these rules, DO NOT BID. Any concerns regarding removal should be addressed to Auctioneer prior to bidding. 7. If you choose not to inspect the merchandise prior to bidding, do no complain about the condition. Auctioneer recommends that everyone inspect before you bid. 8. Seller, Auctioneer and buyer expressly agree that Buyer is responsible for and agrees to indemnify Seller, Auctioneer and their respective affiliates for any and all damages (whether based on contract, tort, warranty, negligence, strict liability or any other legal theory, and including special, incidental and consequential damages), losses, expenses, attorneys' fees, court costs, etc., that arise out of or result from the removal, possession or use of any items purchased at auction, or any other claim regarding the use or possession of any asset purchased at auction. 9. Auctioneer and Seller are not responsible for any internet connection problems that may occur during the auction. Bidders should understand that sometimes connection or delay problems do occur. Auction lots will not be re-sold or brought back up for bidding because of internet problems. If you have issues with bidding, please contact HiBid directly (352) 414-1947. 10. For questions, please contact auction office: (512)261-3838 or Info@JonesSwenson.com 11. All buyers must acknowledge and accept these Terms and Conditions provided at the time of online registration. Web: www.JonesSwenson.com Email: info@JonesSwenson.com Office: 512-261-3838 W. Scott Swenson, Texas Auctioneer #7809 Proud Members of the Texas & National Auctioneer Associations