PAYMENT IS DUE BY 3pm! LATE BIDDERS WILL BE CHARGED A $25 LATE FEE. If payment is not made, you will Forfeit the vehicle and be banned from all future Auctions. TERMS OF SALE Cash or Credit 10% Buyer's Premium, $25.00 minimum under $250 15% Buyer's Premium with Credit Card $5.00 Online Inovice fee for all succeful online bidders. Driver's license required for entering the yard All vehicles sold AS-IS, WHERE-IS, NO GUARANTEES state or implied - Keys announced but not guaranteed VEHICLES MAY BE ADDED OR DELETED WITHOUT NOTICE You have the right and duty to inspection Preview: Friday, May 6th from 3pm to 6pm AKST List accuracy not warranted - including typos All bidders must be registered to bid. $10 day bid or $30 for Annual (Each bidder is allowed one guest) $5 Invoice fee for all internet bidders. $25.00 minimum bid per unit Please remember amount of buyer's premium when bidding. Vehicles must be PAID FOR by 3 p.m. day of the sale and REMOVED by 5 p.m. unless arranged otherwise. APD will be notified (vehicle will be towed) if left past Sunday and Bidder will be BANNED from future auctions. If not removed, buyer will be charged $25.00 per day starting today No mechanic work prior to removal. No previews once Auction has started. Any customer found wandering through the yard will be given ONE friendly warning. The second offense will get the customer banned from future auctions, no questions asked. For Haul out rates please contact Fred's Towing. Fred's and Grubstake are not responsible for accidents BANNED BIDDER POLICY: ** YOU BID IT, YOU BOUGHT IT!! ** People that do not pay are banned INDEFINITELY, Units are then subject to immediate resale Security cameras and security personnel are in effect AT ALL TIMES Stay on called number - no cutting the bid … AND NO SMOKING REPLACEMENT PAPERWORK: $500.00 for the whole packet (including Bill of Sale) - DON"T LOSE IT! *** ABSOLUTELY NO LARGE PURSES OR BAGS IN THE YARD AT ANY TIME!!! *** By entering Fred's Towing Impound Yard at 641E 57th Place Anchorage, AK 99518 you hereby agree to abide by and follow all of the terms and policies described below as well as all instructions or request made by employees, agents or any persons acting on behalf of Fred's Towing and Recovery (FTR). Failure to comply with these terms and policies or the directions, requests or instructions of a representative of FTR will result in you being asked to leave the yard immediately and may, at our discretion, result in vou bein!!banned from biddin!! on the current or anv /all future auctions. DISCLAIMER: ALL PERSONS ENTERING OUR YARD DO SO AT THEIR OWN RISK Yard conditions may include snowy, slippery,and/or icy surfaces,oily or wet surfaces,brush,and/or uneven ground. Hazardous items may be present including, but not limited to: broken glass, damaged automobile parts,fluids and chemicals,sharp/contaminated objects inside or outside vehicles,heavy items or equipment which may not be stable or secured, ropes,cables, chains or other trip hazards. Caution should be used to avoid standing in the path of moving vehicles or trucks.Chains,tow straps,cables or other items may break or vehicles may not be secured on towing equipment,trailers, dollies etc. Vehicles or parts of vehicles (including but not limited to engines,tires,axels etc.) may catch fire, break apart or otherwise fail. Children under the age of 18 must be accompanied by an adult at all times. Fred's Towing & Recovery LLC and its agents, representatives,sub-contractors or employees will not be held responsible or liable for any injuries or damage to private or commercial vehicles entering our impound yard or vehicles purchased at auction.Fred's Towing & Recovery LLC will not be held responsible or liable for any actions or negligence perpetrated by members of the general public, including but not limited to: persons entering the yard to preview vehicles, buyers,agents or other individuals acting on behalf of buyers or potential-buyers,other towing companies hired by buyers or previous owners to remove their vehicles, previous owners of vehicles or agents/individuals acting on their behalf,or unauthorized persons entering our yard without our knowledge or consent. IMPOUND PREVIEW POLICIES o VISITORS ARE NOT PERMITTED TO BRING WEAPONS OF ANY KIND ONTO THE PROPERTY o ARMED SECURITY STAFF MAY BE PRESENT AT ANY TIME o ONLY VEHICLES CURRENTLY LISTED FOR AUCTION MAY BE INSPECTED o ANYONE CAUGHT OPENING/REACHING INTO A VEHICLE (INCLUDING PICKUP BEDS, TRAILERS ETC) NOT CURRENTLY SCHEDULED FOR AUCTION WITHOUT THE EXPRESS PERMISSION OF A STAFF MEMBER WILL BE IMMEDIATELY ASKED TO LEAVE THE YARD AND MAY BE PERMANENTLY BANNED o NO ITEMS OF ANY KIND ME BE REMOVED FROM INSIDE/OUTSIDE OR ON ANY VEHICLE o NO ITEMS OR PARTS OF ANY KIND MAY BE REMOVED FROM OR TAKEN OFF ANY VEHICLE o PERSONS REMOVING PARTS OR ITEMS FROM ANY VEHICLE THEY DO NOT OWN OR HAVE NOT PURCHASED WILL BE BANNED AND MAY BE REPORTED TO LAW ENFORCEMENT AND/OR PROSECUTED o JUMPING OR ATTEMPTING TO START A VEHICLE DURING PREVIEW IS PERMITTED ONLY WITH PERMISSION AND WITH A STAFF MEMBER PRESENT o NO "OUTSIDE" OR "TRY OUT" KEYS MAY BE INSERTED INTO THE IGNITION OR DOOR OF ANY VEHICLE o ATTEMPTING TO START/TURN THE IGNITION A VEHICLE WITH THE WRONG KEY CAN CAUSE DAMAGE THE IGNITION OR VEHICLE AND WILL NOT BE ALLOWED IMPOUND AUCTION & VEHICLE PURCHASE/CLAIM POLICIES o VEHICLES SHALL BE CLAIMED AT 641E.57TH PLACE ANCHORAGE,AK o ALL VEHICLES ARE SOLD AS IS,WHERE IS & ARE NOT PARKED IN ORDER LISTED. o VEHICLES MAY BE ADDED OR DELETED AT ANY TIME o THERE WILL BE A $500 FEE ADMINISTRATION FEE CHARGED FOR LOST PAPERWORK o BUYERS HAVE UNTIL THE TUESDAY IMMEDIATELY FOLLOWING THE AUCTION TO BRING ANY PAPERWORK ERRORS OR ISSUES TO THE ATTENTION OF FRED'S TOWING FOR CORRECTION.REQUESTS TO CORRECT PAPERWORK ERRORS AFTER THAT DAY WILL BE CONSIDERED ON A CASE-BY-CASE BASIS.NO PAPERWORK CORRECTIONS WILL BE DONE AFTER 60 DAYS FROM THE DATE OF THE AUCTION. o ALL VEHICLES MUST BE PAID FOR PRIOR TO ANY ACTIVITIES OR REMOVALS AND THE BUYER MUST SHOW THEIR RECEIPT IN ORDER TO CLAIM THEIR VEHICLE o BUYERS WILL NOT BE PROVIDED WITH THEIR BILL OF SALE OR SIGNED TITLES WILL NOT BE PRESENTED WITH TITLE UNTIL THE VEHICLE IS CLAIMED AND READY TO BE REMOVED FROM THE IMPOUND YARD o UNLESS PRE-ARRANGED &APPROVED BY FTR,VEHICLES NOT REMOVED BY SPM ON TUESDAY FOLLOWING THE AUCTION WILL INCUR STORAGE FEES OF $25/DAY & MAY BE RESOLD OR DISPOSED OF WITHOUT PRIOR NOTICE TO THE BUYER o PURCHASED VEHICLES MAY NOT BE PARKED ON THE STREET **NO EXCEPTIONS** o TRASH/CONTENT REMOVAL IS NOT ALLOWED INSIDE YARD OR ON THE STREET OUTSIDE YARD. o VEHICLES MUST LEAVE OUR YARD ON A TOW TRUCK,DOLLY,TRAILER OR BE DRIVEN OUT UNDER THEIR OWN POWER. VEHICLES WILL *NOT* BE PLACED ON THE STREET o BUYERS WHO LEAVE VEHICLES ON THE STREET OR CULDESAC NEAR OUR YARD FOR MORE THAN 24 HOURS WILL BE BANNED FROM AUCTIONS INDEFINITELY AND THE VEHICLE($) WILL BE REPORTED TO APD FOR IMPOUND o JUMP STARTS,FUELING OR AIRING FLAT TIRES WILL BE PERMITTED WITH PERMISSION o ABSOLUTELY NO MECHANICAL WORK ALLOWED **INCLUDING ATIEMPTS TO BYPASS VEHICLE IGNITION** o ANYONE CAUGHT DAMAGING THE STEERING COLUMN OR IGNITION MECHANISM WILL BE ASKED TO LEAVE THE YARD & *ALL* OF THEIR PURCHASES WILL BE FORFEIT SUBJECT TO RESALE OR DISPOSAL. o BUYER MUST LEAVE *ALL* KEYS AT OUR OFFICE UNTIL THEY ARE READY TO CLAIM THE VEHICLE. **THIS INCLUDES KEYS MADE/PURCHASED BY THE BUYER** **IMPORTANT** IFA VEHICLE PURCHASED FROM FRED'S TOWING & RECOVERY IS RE-IMPOUNDED "'ANYWHERE* IN THE STATE OF ALASKA AS AN ABANDONED/ILLEGALLY PARKED VEHICLE WITHIN 1 YEAR OF PURCHASING AND/OR REMOVING IT FROM OUR IMPOUND YARD, THE BUYER OF SAID VEHICLE WILL BE BANNED FROM FUTURE AUCTIONS UNLESS THEY HAVE RE-TITLED THE VEHICLE IN THEIR NAME OR SOLD/TRANSFERRED IT TO ANOTHER PARTY AND HAVE PROPERLY NOTIFIED THE STATE OF ALASKA DEPARTMENT OF MOTOR VEHICLES OF THE NAME & VALID ADDRESS OF THAT PARTY. IF FRED'S TOWING & RECOVERY IMPOUNDS A VEHICLE THAT HAS BEEN SOLD AT "'ANY* IMPOUND AUCTION WITHIN THE PAST YEAR & IT HAS NOT BEEN RE-TITLED OR DMV HAS NOT BEEN LEGALLY NOTIFIED OF THE SALE OR TRANSFER OF SAID VEHICLE,THE BUYER WHO PURCHASED & ABANDONED OR FAILED TO TITLE OR LEGALLY TRANSFER SAID VEHICLE WILL NOT BE PERMITIED TO BID AT ANY FRED'S TOWING & RECOVERY AUCTIONS. By attending and/or participating in this auction, you have agreed to be bound by these terms and conditions and by any additional or modified terms or conditions announced by the auctioneer. Internet bidders have additional Terms and Conditions Identification - All bidders are required to have a bidder's number provided by Grubstake Auction Company (Grubstake). Addition to or Withdrawal from Sale - Grubstake reserves the right to withdraw from sale any of the goods listed or to sell at this auction goods not listed. Grubstake also reserves the right to group multiple lots into one or more selling lots or to subdi­vide lots into two or more selling lots. Grubstake reserves the right to sell any or all of the goods listed in bulk. Inspection - It is the bidder's responsibility to inspect the goods during the inspection period provided prior to auction. Bidders on vehicles are responsible for compliance with the emission regulations for their area. Bidder's failure to inspect goods will not constitute grounds for any claim for damages, adjustment, cancellation of purchase or any other remedy. Condition of Goods - All goods are sold as is, where is, without express or implied warranties and without recourse against Grubstake or the seller. There is no guarantee, warranty or representation, expressed or implied, as to quality, kind, character, quantity, weight, size, description or fitness for any use or purpose of any sale goods. Bidders are responsible for the security of their purchases immediately after the award is made. Sale by Estimated Count, Measure, or Weight - Where goods are to be sold by estimated count, measure, or weight, the suc­cessful bidder will be billed for and required to pay for the estimated count, measure, or weight. If, when delivered, short­age exists the purchaser will receive a refund at the rate of purchase. If there is an excess, the purchaser is required take and pay for this excess at the rate of purchase. Reserve - The auctioneer reserves the right to reject any and all bids. The auctioneer reserves the right to bid on behalf of the seller or on his own behalf, staff, absentee, and/or Internet. The auctioneer reserves the right to start the opening bid. Disputes Between Bidders - If any dispute arises between two or more bidders, the auctioneer may render a decision or may immediately put the lot up for sale again and resell to the highest bidder. The decision of the auctioneer shall be final and abso­lute. Time and Manner of Payment - Successful bidders agree to pay the purchase price accordance with the bid. The full purchase price on all lots sold to the same buyer must be paid on the day of sale and before removal of any of the goods. At Grubstake's option and with prior arrangement, payment may be accepted after the day of sale. A $25.00 fee will be charge for this service. Compliance with Terms of Sale - In default of payment of purchase price in full within the time specified, Grubstake may retain all monies received as liquidated damages in addition to all other remedies allowed by law. No claims will be allowed. Goods not paid for or removed within the time specified may be resold at public or private sale without further notice and any deficiency, together with all expenses and charges of resale, will be charged to the defaulting purchaser. Title - Title to goods sold shall transfer to the purchaser when full and final payment is made. Vehicle or property title paperwork will be provided to purchaser as soon as practical following the auction. Purchasers are responsible for the paperwork provided, a fee will be charged for replacement paperwork. Removal - Removal shall be at the expense, liability and risk of the purchaser. Purchaser agrees to indemnify and hold harm­less both consignor and Grubstake against any damage caused by acts of the purchaser and/or his agents. Grubstake is not re­sponsible for goods not removed within the time specified, and shall have the option of removing and storing any goods not removed at the expense and risk of the purchaser. Non delivery Responsibility - Grubstake is an agent only and shall not, in any event, be liable for non delivery, whether such non delivery results from seller's decision to withdraw the goods from the sale or for other reasons. In the case of non delivery, Grubstake will return the purchaser's deposit or payment on the nondelivered lot should the purchaser be entitled to it. Records - The record of sale kept by Grubstake is final in the event of any dispute. Personal and Property Risk - Persons attending during preview, sale or removal of goods assume all risks of injury or loss to person and property and specifically release Grubstake from liability therefore. Neither Grubstake nor its principals shall be liable by reason of any detect or condition on which the sale is held. Agency - Grubstake is acting as agent only and is not responsible for acts of its principals. Change of Terms and Conditions - Grubstake reserves the right to change the terms and conditions of sale by announcement, written or oral, prior to or during the auction. Auctioneer's Note: Everything sells "AS IS WHERE IS," with no warranties implied or expressed. Neither the auctioneer nor owners shall be liable for any incor­rect description, fault or defects. Everything positively sells to the highest bidder unless stated prior to or during auction. Auctioneer is not responsible for accidents or stolen property Checkout/Storage Fees: Check out dates are times are normally the day of auction or the next business day. At set times - if you cannot make it at the scheduled times for check-out and pickup be prepared before you bid to make arrangements for someone else with the paid receipt to do it for you or plan on paying the storage fees build it into you bid. We are closed most weekends and Holidays. After the allotted checkout time, you will get charged a $25 per day storage fee or 10% whichever is greater until your original purchase amount is exceeded then you will no longer own the items by forfeit, abandonment nor will you receive any refund, furthermore additional fees may apply for Rolling Stock. Payment DUE - late fees apply per lot for both late payment and late pickup