Terms and Conditions Bluebird Gardens LLC Real Estate Auction 4-7-17 CALL FOR REGISTRATION AND BIDDING RE Terms and Conditions: Bidders will be required to register and sign terms/conditions before bidding on the auction. The successful high bidder upon completion of the Real Estate Auction will complete and sign a purchase agreement - Real Estate will be selling in 8 Tracts - and render a $15,000 Earnest Money Deposit for each individual Tract (1 & 2), and $5,000 for each individual Tract (3, 4, 5, 6, 7 & 8), in the form of a cashier check, certified funds or a personal check payable to the Real Estate Auction Co/Broker. Out of area personal checks must be with the approval of the Auction Company personnel. Balance due upon closing in approx. 30-60 days on or before. A 5% Buyer's Premium applies which will be added to the final price to become the purchase price. Sale is non-contingent; failure to close will result in forfeiture of the earnest money. Buyer must secure their own necessary financing approval prior to the auction. Sale is subject to owner/lender confirmation. The property is Sold "As Is, Where Is" please inspect the property before bidding. Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to perspective buyer. Property will be surveyed by seller w/new legal descriptions/deeds prepared for each tract as needed. Farmland Tract buyers will have guaranteed opportunity to prepare and plant the cropland as needed for optimized use. (See attached)