15% BUYERS PREMIUM WILL BE ADDED TO EACH SUCCESSFUL BID All newspaper or other publications and all oral and verbal statements as to advertising made by owners of said property and by McCarter Auction, Inc., or any agent of said company, or by James C. Cates, are hereby revoked. This is an Absolute Auction - All Sales are Final. The highest bid plus a 15% Buyers Premium will be the total sales price. All successful bidders will be required to sign a note for the deposit amount, in addition to deposit paid day of sale VIA CASH, GOOD CHECK, WIRE TRANSFER, OR CREDIT CARD. CREDIT CARD PAYMENT ONLY UP TO $1,000 AND ANY BALANCE ABOVE $1,000 TO BE PAID VIA CASH, GOOD CHECK OR WIRE TRANSFER. Note shall become null and void when buyer shall complete all requirements for closing as set out in their contract. ALL ONLINE BIDS ON THIS AUCTION START WEDNESDAY, MARCH 3, AT 10:30 AM EDT AND WILL BEGIN ENDING ON MONDAY MARCH 8 AT 6:00 PM EDT. AUCTION END TIMES: McCarter Auction, Inc. Online Auctions are timed events and all bidding will close at specified time. McCarter Auction, Inc. Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04. The auto extend feature remains active until no further bids are received within a 5 minute time frame. ALL PROPERTIES IN THIS SALE EXTEND IF ANY ONE OF THEM IS EXTENDED. McCarter Auction, Inc. reserves the right to adjust the auto extension time period. THE FINAL SALE OF PROPERTIES USING INTERNET BIDS/MAX BIDS WILL DETERMINE THE WINNING BIDDERS OF PROPERTIES AS ADVERTISED. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Auction Sales Contract. A 15% buyer’s premium will be added to the bid price on all properties to determine the final contract price. McCarter Auction Inc has the sole authority to resolve any bidding disputes as they may arise. McCarter Auction Inc is providing internet/online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the ending day of the auction. Under no circumstances shall Bidder have any kind of claim against McCarter Auction Inc or anyone else if the internet service fails to work correctly before or during the ending of the auction. McCarter Auction Inc will not be responsible for any missed bids from any source. REMEMBER, this is an Absolute Auction and all sales are final. Do not bid unless you are prepared to pay appropriate deposit and meet all conditions to close as set out in your contract. Bidders must be ready, willing and able to PICK UP ITEMS ON SITE THERE WILL BE NO SHIPPING. Please do not bid unless prepared to do so. 15% BUYERS PREMIUM TO BE ADDED TO EACH SUCCESSFUL BID ANY PERSONAL PROPERTY LEFT ON PROPERTY AFTER CLOSING REMAINS WITH THE PROPERTY. FAMILY HAS UNTIL REAL ESTATE CLOSING TO REMOVE PERSONAL PROPERTY ITEMS IMPORTANT NOTES: DUE TO THE NATURE OF THIS SALE AND ITEMS, THERE WILL BE THREE PICKUP AREAS-- LARGER ITEMS LIKE FURNITURE, COKE MACHINES, VENDING MACHINES, AND OTHER ITEMS WILL BE AT CLOVER HILL (ADDRESS AND PICKUP DATES EMAILED TO WINNING BIDDERS), DELOZIER AUCTION IN MARYVILLE, AND A SELECT FEW ITEMS AT MCCARTER AUCTION IN SEVIERVILLE. THERE WILL BE MORE THAN ONE PICKUP DATE TO ACCOMMODATE BUYERS) 25 ITEMS WILL CLOSE EVERY 5 MINUTES, HOWEVER, IF ANY ONE ITEM IS RECEIVING ACTIVE BIDDING, THAT ITEM WILL REMAIN OPEN UNTIL ALL BIDDING HAS ENDED.