Real esate Terms & Conditions: 1) DESCRIPTION: The property being sold is described as: Tract A: 6.43 acres with 2700+/- SQFT multi-level home, in Warren county Kentucky. Property borders Bowling Green city limits, zoned AG and has a new survey. Located at 1200 N. Sunrise. Bowling Green, KY 42101, described in Deed Book 989, Page 368 Warren County, KY Clerks office. Tract B: Tract B: Gently rolling, vacant land 4.71 acres, in Warren county Kentucky. Property borders Bowling Green city limits, zoned AG and has a new survey. Located at Rhoades Ln. Bowling Green, KY 42101, described in Deed Book 989, Page 368 Warren County, KY Clerks office. 2) BIDDER REGISTRATION: This property is being sold at ONLINE ONLY AUCTION. In order to bid online, each bidder must register to bid at: Americanlandandfarm.Hibid.com. Each bidder must supply a valid credit card for registration purposes. By completing registration to bid, you have indicated your ability to purchase & make your earnest money deposit at. American Land & Farm, LLC reserves the right to refuse to register any person for any auction. Bidder agrees any bid submitted using the online bidding services shall constitute a FIRM offer to purchase and shall not be cancelled or retracted for any reason. The conduct of the auction and increments of bidding are at the direction and discretion of American Land & Farm, LLC and their auctioneers. American Land & Farm, LLC and their auctioneers have the right to preclude any person from bidding and/or to reject any bid if there is any question as to: 1) The credentials of the person attempting to bid 2) Whether the bid is made in good faith, and/or whether the bid is otherwise made in accordance with all applicable laws, terms, conditions and restrictions. All decisions of American Land & Farm, LLC and their auctioneers are final. 3) AUCTION METHOD: The Real Estate described above will be sold in two tracts. Real Estate selling to the highest. 4) BUYER'S PREMIUM: A 10% (ten percent) Buyer's Premium will be added to the highest bid to determine the Real Estate Contract price. Example: High Bid: $100,000 Buyer's Premium (10%) $10,000 Real Estate Purchase Contract Price $110,000 5) AGENCY: American Land & Farm, LLC and its representatives are representing the Seller. 6) EARNEST MONEY DEPOSIT: A 10% earnest money deposit of the Real Estate contract price is required on the day of the auction. This earnest money deposit will be held by American Land & Farm, LLC in their Escrow deposit account. 7) PURCHASE CONTRACT: The winning bidder of the Real Estate will be required to sign and agree to the Terms and Conditions of the Real Estate Purchase Contract. The Terms and Conditions of the Purchase Contract are non-negotiable and any failure or refusal to immediately sign the Purchase Contract will be a violation of the bidder agreement. American Land & Farm, LLC and seller shall be entitled to all remedies available including monetary damages. The terms of the signed contract shall govern the sale and shall supersede all prior communications, negotiations, discussions, representations, brochures or any other information regarding the real estate, regardless of when the communication or material were made. 8) TITLE: The Seller will furnish an unencumbered Warranty deed free and clear of any liens. A title opinion will be the expense of the buyer. Should the buyer want title insurance, it will be the full responsibility and expense of the buyer. 9) FINANCING: This auction sale is not contingent upon the buyer obtaining financing. All financial arrangements are to be made PRIOR TO BIDDING at the auction. By the mere act of bidding, the bidder makes a representation and warrants the bidder has the ability to pay the contract price and perform the contract. 10) CLOSING: This auction sale closing shall occur on or before August 15, 2021 at a location agreeable to both the Seller and Buyer. The balance of the purchase price will be paid at closing in the form of a certified check or wire transfer satisfactory to the closing agent. Except as otherwise provided in the contract, the Seller shall pay for the deed preparation and deed tax. Any loan, financing fees or closing cost shall be paid by the Buyer. 11) PROPERTY TAXES: Payment of the 2021 property taxes shall be prorated between the Seller and Buyer to date of closing. 12) POSSESSION: Possession of the Real Estate will be delivered at closing. 13) SURVEY: Seller will provide a new survey and deed description of the real estate being conveyed. It will be the Buyer's responsibility to pay for all recordings of the plat and deed. 14) DUE DILIGENCE and INSPECTIONS: Each potential bidder is responsible for conducting, at their own risk, any independent inspections, investigations, inquiries and due diligence concerning the real estate PRIOR TO BIDDING. The purchase contract and sale are not contingent upon any inspections, appraisals, financing or any other contingencies. Each potential bidder shall be responsible for any property damage caused by any inspections or investigations. Any invasive testing is prohibited without prior written consent of the seller. The Real Estate is being sold subject to the restrictions and easements recorded or unrecorded. Any declarations of covenants, easements, bylaws, association bylaws, leases, plats and restrictions will apply, including but not limited to federal, state or local laws and zoning regulations and requirements. Real Estate is being "SOLD AS IS, WHERE IS" with faults, and without any warranty or guarantee to the quantity, quality, character, conditions, surface or subsurface, size or kind, covenants, easements, regulations, restrictions, mineral rights, or any specific purpose or use of the property. Personal Property Terms & Conditions: 1) BIDDER REGISTRATION: The personal property, lots, & equipment is being sold at auction by ONLINE AUCTION ONLY. In order to bid on the lots, each bidder must register to bid at: Americanlandandfarm.Hibid.com and each bidder must supply a valid credit card for registration purposes. By completing registration to bid, you have indicated your ability to purchase & make your payment at or prior to the date stated in the terms and conditions. Bidder accepts full responsibility for the assigned bidder registration and shall make all attempts to prevent abuse of the useof the bidder and any use of the bidding services by a minor or any other unauthorized party. **IF YOU NEED ASSISTANCE WITH REGISTRATION TO BID OR DO NOT WISH TO BID ONLINE PLEASE CALL AJ WOOSLEY 270.999.8172 and we will be glad to assist** 2) BUYER'S PREMIUM: A 10% (Ten Percent) Buyer's Premium will be added to the highest bid to determine the purchase price. 3) KENTUCKY SALES TAX: A 6% sales tax will be added to each purchase unless a tax exemption form is provided. Example: Bid Price: $100 10% Buyers Premium $10 6% Sales Tax $6.6 _______________________ Total Invoice $116.60 4) METHOD OF PAYMENT ACCEPTED: For this ONLINE ONLY AUCTION, a VALID credit card, CASH, or GOOD CHECK will be accepted. All bids and payments must be U.S. dollars. CREDIT CARD: Credit card payments will be accepted PRIOR to pick up only and must be paid through HIBID ONLY! If you choose to pay by credit card, you agree to pay a 4% surcharge in addition to the other charges. Example: Bid Price $100 10% Buyers Premium $10 6% KY Sales Tax ($110 x .06) $6.60 _________________________________ Total $116.60 CREDIT CARD CHARGE 4% $4.67 _________________________________ Total Invoice $121.27 American Land & Farm, LLC reserves the right to refuse to register any person for any auction. Bidder agrees any bid submitted using the online bidding services shall constitute a FIRM offer to purchase and shall not be cancelled or retracted for any reason. The conduct of the auction and increments of bidding are at the direction and discretion of American Land & Farm, LLC and their auctioneers. American Land & Farm, LLC and their auctioneers have the right to preclude any person from bidding and/or to reject any bid if there is any question as to: 1) The credentials of the person attempting to bid. 2) whether the bid is made in good faith, and/or whether the bid is otherwise made in accordance with all applicable laws, terms, conditions and restrictions. All decisions of American Land & Farm, LLC and their auctioneers are final. - All items purchased are the responsibility of the buyer immediately upon purchase. It is the Buyer's responsibility to load and transport the items purchased. A forklift & driver will be available for larger items on the days specified as pick up dates & times ONLY. If the items purchased are not picked up by the specified times noted in this agreement, the Buyer's credit card will be charged for the items and the items may be resold to another bidder. - NO shipping, packaging or delivery offered. All items are pick up only. - Clerks and cashier's will be available onsite of the pick-up dates only. CASH, CHECKS and CARDs only on pick up date. A PAID receipt must be presented prior to removal of any item from the premises. - All BIDS and SALES ARE FINAL and subject to the terms and conditions of sale. All items are sold "AS IS, WHERE IS", with no warranty expressed or implied. 5) DISCLAIMERS: As a material part of consideration for your access to online bidding services, you acknowledge and agree, American Land & Farm, LLC cannot and does not guarantee uninterrupted or secured access to online bidding services or American Land & Farm, LLC's website or bidder information, auction registrations or that bids will be transmitted or received in a timely fashion. Bidder agrees to hold American Land & Farm, LLC harmless for any interruptions in online bidding or your inability to access or effectively use online bidding services or American Land & Farm, LLC website. American Land & Farm, LLC offers no guarantee or warranty of any kind regarding the online bidding services or any property or lot offered at auction. American Land & Farm, LLC makes no warranty of merchantability or fitness for any particular purpose of any property or lot offered. In no event shall American Land & Farm, LLC, be held liable for consequential or incidental damages of any kind, including but not limited to, any lost profits, arising out of or in connection with this agreement and /or the use or attempted use of online bidding services. Furthermore, American Land & Farm, LLC reserves the right to suspend, postpone or cancel any auction and/or to suspend or cancel access to online bidding services with respect to this auction. 6) INDEMNIFICATION: You agree to indemnify and hold harmless American Land & Farm, LLC and its employees, agents, affiliates, successors, officers, directors, assigns, and owners, from and against any and all loss, liability, claim, action, cost and/or expenses (including attorney fees), resulting from, and arising out of or relating to your breach of and/or failure to comply with any term, condition, restriction, representation and/or warranty set forth in this agreement. 7) TERMINATION: American Land & Farm, LLC reserves the right to terminate your access to online bidding services on this auction at any time without notice and for any reason. Without limiting the fore going, American Land & Farm, LLC may terminate your access to online bidding services for this auction or American Land & Farm, LLC's website if it is used in any manner unacceptable to American Land & Farm, LLC or if American Land & Farm, LLC determines you are in breach of this agreement, or if American Land & Farm,LLC is unable to verify or authenticate any bidder information. 8) NOTICES AND USES OF BIDDER INFORMATION: Unless you opt out, American Land & Farm, LLC may also use your email address and bidder information to send you additional information about American Land & Farm, LLC's services, including auctions and listings. You may opt out of receiving any additional information by sending an email to americanlandandfarm.com.