BUYER'S PREMIUM: A 10% Buyer's Premium will be added to the winning bid to determine the contract selling price for real estate. AUCTION LOCATION: Online Only- www.BidKentucky.com Bidding ends on Wednesday, March 17, 4:00pm OPEN HOUSES: 03/06/2021- 10:00am-2:00pm (signup required) 03/13/2021- 10:00am-2:00pm (signup required) or by private showing. TERMS & CLOSING: Purchaser shall make a non refundable down payment of 15% of final sale price at the conclusion of the auction of in the form of cash, certified check, cashier's check, or good personal check secured by purchaser's personal demand note payable to the RE/MAX 100. Balance to be paid for a general warranty and insurable title on or before April 19, 2021. Possession with deed. In the event BUYER fails to perform according to the terms of this contract, the down payment shall be forfeited as partial liquidated damages, and not as a penalty, without affecting any of SELLER'S further remedies. PRE-AUCTION OFFERS: Seller will consider any pre-auction offer. BUSINESS ASSESTS: All remaining personal property, equipment, websites, name rights, recipes to be included with the sale. Coca-Cola items, tea/coffee makers and downstairs dishwasher are leased through Gordon Foods and Water softener is leased through Echo-Lab and not included with the real estate. The Whistle Stop Restaurant Family Favorites Cookbook is not included. REAL ESTATE PRORATIONS: Real estate taxes to be prorated to date of delivery of Deed on property. ONLINE BIDDING PROCESS: Auction Professionals of Kentucky Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 4:00 p.m. receives a bid at 3:59 p.m., the close time of the auction automatically extends to 4:05 p.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING!