Method of Payment: Cash, if obtaining financing have financing prearranged prior to Auction, bidding is not contingent upon lender inspection or appraisal. a nonrefundable earnest money deposit of 10% of the sale price will be required day of the sale with the balance due with in 30 days of the auction.

Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site. The seller reserves the right to accept or reject any bids.

Title: The Seller will provide the Buyer with an Owners Policy of Title Insurance in the amount of the purchase price.

Survey: The property will be not be surveyed. If the Buyer or Buyers lender requires a survey it will be at the sole cost of the Buyer. A survey will be provided for the Private Easement.

Taxes: The Real Estate taxes will be pro-rated to the day of final closing.

Possession: Possession will be given to the Buyer the day of final closing.

Closing Fee: The closing fee as charged by the title company; shall be split 50:50 between the Buyer and Seller.

Liquor License: Buyer shall pay the cost associated with the transfer of the liquor license.

Private Easement: Seller shall grant Buyer a Private Easement to the access and parking area illustrated.

Property Condition: The property will be selling "As-Is" and "Where-Is" with NO warranty being expressed or implied as to the physical condition of the property, available permits or specific zoning.

Agency: The Steffen Group its agents are representing the Seller exclusively in this transaction.

Disclaimer and Absence of Warranties: All information contained in the brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.