Auction Date:August 8,2020 at 10:00 am property will be sold ON SITE Location: on site at the Twin Oaks Bar and Grill 5242 Slanting Bridge Rd, Denver, NC 1. All buyers must register and obtain a bidder number prior to the auction. Bidders registering at the auction have accepted and will abide by all auction rules and terms of the sale state herein and in the purchase and the sale agreement contract. 2. Top Team Auctions, (Auctioneer /Broker) is acting exclusive as agent for the seller. All buyers hereby agree to be self-represented by a real estate agent or broker in which no sub-agency is being offered by the auctioneer or the broker. 3. Although every effort has been made to confirm the property information as shown from sources deem to be reliable however cannot be guaranteed. All property sell in the "AS IS/WHERE lS" condition with any and all faults. No warranty, expressed or implied, is being made as to improvements, soilcondition, utilities, environmental, wetlands, easements, restrictions or zoning etc. The seller, auction company and broker assume that the purchaser has inspected the property prior to bidding and is relying solely on his/hers own investigation of the property and NOT on any information provided by or on behalf of the seller, Auctioneer, and/or the broker. 4. A]1O% Buyers premium will be added to the highest bid to determine the final contract Price/Total Purchase Price. Example: For every a S1OOO bid price, a buyer's premium of 5100 will be added for a total contract price of 51100. 5. A deposit of 1O% of the final contract price will be required today upon execution of the Real Estate sales contract which will be immediately following the auction. All deposits are NonRefundable and will be held in Esrow account with Todd Wolfwrust Attorney. Deposits will be credited toward the total purchase price at closing. Balance shall be due at closing on or before "45 days from August 8,2020. 5. At Closing, purchaser shall pay for the deed preparation, recording fees, and all other cost that may be involved in closing the sale (title search, financing cost, other closing cost.) Should the purchaser desire an Owner's policy of Title lnsurance it shall be at purchase/s option and expense. 7. The sale of this property is NOT contingent upon buyer's ability to obtain financing. This sale, as in all cases with Top Team Auctions is contingent upon seller's ability to deliver €lear title 8. AII properties will be sold (Subject to seller confirmation) which means the seller has established an unpublished, minimum selling price and is under no obligation to sell the property unless the "Reserve Amount" is met and/or exceeded. 9. All announcements made the day of sale take precedence over any prior written or verbal material. 10. All properties are estimates +/-. Auction Company and/or broker is not responsible for errors and omissions. The undersigned has read, agrees and accepts all Terms and Conditions of Sale