Lot # : 1 - BUYERS PREMIUM AND CC FEES

All property is sold as is, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidders responsibility to determine condition, age, genuineness, value or any other determinative factor. Klaassen Auction may attempt to describe the merchandise in advertising, on the internet and or at a live auction but makes no representations. In no event shall Klaassen Auction be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. It is the Bidders responsibility to determine condition, age, genuineness, value or any other determinative factor. This is not an absolute auction unless specifically stated in the auction heading. Specifically, but without limitation, Auctioneer makes no representation or warranty that any of the lots conform to any standard in respect of safety, pollution or hazardous material, or fit for any particular purpose. The Auctioneers, sellers, or any member of their staff make no guarantee as to the authenticity, of any particular age, year of manufacture, model, make, mileage, hours, condition, or defect of any lot or item being sold. Bidders are encouraged to make their own physical inspection and rely solely on that inspection before bidding. Failure to inspect does not negate that Bidders responsibility to perform under the auction terms and conditions. You acknowledge that you have the right and responsibility to inspect the item(s) personally, or to have a third party representative inspect the item(s) for you. REMOVAL OF PROPERTY / SHIPPING TERMS: All items can be shipped. We deliver delicate or bulk items to a professional packing and shipping store where the items will be professionally packed, insured and shipped. The cost of using professionals is high but we use them to ensure that your items are handled properly and with the utmost of safety. Shipping available to US addresses only for this auction. Some non-delicate items may be shipped by our own staff to keep your costs lower where possible. Insurance required for at least amount of purchase or shipper minimum. All packing, shipping and insurance costs will be paid by buyer. Merchandise and default and or remaining at auction site after pickup date will be considered forfeited merchandise and will become the possession and property of Klaassen Auction and the purchaser will be charged any and all costs to remove, sell or dispose of items. The purchaser will also be charged an additional $20.00 per item disposal fee. No refunds will be given. ADDED TERM: $25 staffing fee for pickup after the advertised date and time, only by appointment during business hours and within 72 hours after advertised pickup. All property remaining after that time may be subject to forfeit at the discretion of the auction company. We charge $10 on our end per invoice for packaging, materials and labor, and choose the most economical rate between USPS, FedEx and UPS and required insurance (this is in addition to the $10 we charge on our end). PAYMENT OPTIONS: accepted forms of payment for this auction are CREDIT CARD ONLY OR wire option for items over $2,500. There will be a 3.5% electronic fee on all credit card purchases. Only VISA, MasterCard, American Express or Discover are accepted. Purchaser grants a security interest in purchased items. If, for any reason, payment is not made in full, Klaassen Auction has the right to repossess items, even from private property. Wire instructions provided to winning bidders after auction and can be requested by contacting 712-754-3500 during business hours. PAYMENT TERMS: Sales tax, when applicable, will be charged on both the purchase price and buyers premium. (No sales tax for this auction). Taxes, fees, shipping, handling, insurance, storage and security charges are Buyers expenses, and will be calculated and rendered due at the sale of the property. Payment must be made in full by the Buyer, immediately upon the completion of the auction by VISA, MasterCard, American Express or Discover. If you are from another country other than the US, you must pay in US funds. If action is necessary to enforce the terms of this agreement, purchaser agrees to pay attorney fees and costs associated with collection or action. Interest on overdue amounts will be paid by purchaser at a rate of 2% per month/24% annual, or at such other maximum rate allowed by law. BUYERS PREMIUM: A Buyers premium will be charged on each purchase. A buyers premium, an advertised percentage of the high bid or flat fee added to the high bid will be added to the high bid and become part of the purchase amount at settlement. Buyer agrees to these provisions and will pay the applicable buyers premium. 20% per item buyer premium with $200 max per item. VIEW: Preview Date/Time Inspection is November 15 from 11 AM to Noon. All items are at the building located at 120 Ninth Street in Sibley, Iowa. AUCTION TERMS & CONDITIONS VERY IMPORTANT! READ CAREFULLY BEFORE YOU ATTEMPT TO BID. ONCE YOU BID, YOU WILL BE BOUND LEGALLY BY THE FOLLOWING TERMS AND RULES THAT ARE STATED HERE. TERMS GENERAL TERMS: All prospective buyers must be at least 18 years old and are required to register prior to bidding. By placing a bid, the bidder acknowledges he has received, read, and understands and agrees to be bound by the terms and conditions of the auction. The bidder whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company they represent, both jointly and severally agrees to indemnify and save harmless Auctioneer and its officers, directors, emplyees, agents, attorneys and its consignors, from any and all actions, causes of action, suits, damages, costs, and losses of any nature, including injury and death, arising from the purchase or use of any items, or the attendance or participation of bidder, his/her agents or employees, at the auction and/or on the auction site whether before, during, or after the auction. Auctioneer reserves the right to periodically change the terms and conditions of the Agreement, which shall be effective immediately upon posting. It is the Bidders responsibility to review any and all changes made to these terms and conditions prior to bidding on property. Auctioneer reserves the right to add or withdraw property from the auction, and/or regroup items. Auctioneer reserves the right to sell property absolute or with reserve, at Seller discretion. The Seller does have the right to make the final bid and the Auctioneer does have the right to bid on behalf of the Seller. The auctioneer reserves the right to open the bid as the result of a tie bid or discrepancies in the bid. Bidder must submit information found to be current, complete, and accurate for proper identification. Auctioneer does not sell or rent this information. Auctioneer uses email mailing lists to notify customers about online and live auctions. Customers who do not wish to be notified should contact the office of the Auctioneer and request removal from the email mailing list. Bidder is responsible for security of his/her bidding number/user name and password, and any and all bids placed under the assigned number/ID. Auctioneer should be notified immediately if Bidder believes number and/or password have been compromised. Auctioneer reserves the right to terminate registration, deny any person for any reason permission or access to bid, to reject any and all bids, and to suspend or ban Bidder from bidding, at Auctioneers sole discretion. Bidder registration is not transferable or assignable. Read the descriptions of each lot and view photographs carefully. If you have any questions call Klaassen Auction at 712-754-3500. Using YOUR knowledge and experience, form your own opinion of the property and bid accordingly. If you are in doubt, DO NOT BID. BIDDING IN THE ONLINE AUCTION: Once you are registered and have your User Name & Password, you may place bids as soon as a lot opens for bidding. Your bids are FINAL and constitute a binding contract. Please be aware that lots will close at various times and possibly different days and may be extended. You are responsible for monitoring these close times. Please bid early to avoid disappointment. Bidder acknowledges that hardware malfunctions, software malfunctions, viruses, and similar issues do occur and are beyond the knowledge, scope, and control of Auctioneer. We are NOT responsible for your system malfunctions, connection to the internet or your e-mail client stopping any of our e-mails to you in regard to bid confirmations and/or outbid notifications. An invoice will be sent to your registered e-mail address within 24 hours following the conclusion of the auction. This auction has what is called an "auto-extend" feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 3 minutes of the auction, the bid on lot(s) will extend an additional 3 minutes. The bidding will extend in 3 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 3 minutes. The auction company may, at their discretion, adjust the auto-extend time increment. Auction company employees and/or auction company may bid on auction items. This auction will be a timed online auction with bidding closing as the items are closed. NO CHARGEBACKS - Buyer agrees to the following - no chargebacks returns refunds shall be filed with the bank or credit card company. Any requests should be directly to the auction house by calling 712-754-3500 or emailing sales@klaassenrealty.com. Buyer agrees refunds will be issued solely at the discretion of the auction house on a case by case basis. Issuing a chargeback against Klaassen Auctions will result in suspended bidding privileges. Buyer agrees to the following - make sure you bring the proper loading vehicle or trailer and adequate labor. For extremely heavy equipment, we recommend a professional equipment mover. Buyer agrees not to engage in unsafe practices and agrees the auctioneer has the right to stop any unsafe practices. AUTHENTICITY - buyer agrees that Klaassen Auctions cannot verify fake items. Buyer agrees that there are no refunds, warranties or returns if items are purchased and later discovered as fake. If you are not confident items are authentic or genuine, DO NOT BID. We are not free authenticators and do not warranty items. NOTICE: For bidders who are new to our website and are unknown to our company, we will likely ask you for more information to verify your identity for purchases exceeding $500. In the event that we can not verify your shipping address with your identity, we will require wire transfer. *Bidding will open on November 5. *Preview of items from 11 to Noon on November 15. *Bidding will begin closing on November 19 at 5 PM local. *Pickup will be on November 23 from 9AM to Noon. *Terms: CREDIT CARD ONLY. All sales final.