Auction Terms: GENERAL ONLINE AUCTION TERMS & CONDITIONS

Specific and or Additional
Terms For Certain Auctions and lots May Apply!

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.

• Auction End Date and
Time:October 19, 7:00 PM

• Auction Pick-Up Removal:October 20,5:00-6:30
PM

Pick-Up Times are strongly enforced: Any items remaining after the
designated pick-up time will be forfeited and the purchaser will be charged a $ 20.00
Non-Removal Fee as well as all disposal costs. Repeated tardiness and or failure to
remove items will result in revocation of bidding privileges on all of our bidding
platforms. Furthermore you the purchaser are responsible to furnish all labor for the
removal of your items. If you are unable to secure the manpower for removal please do
not bid.

• Preview/Pick-Up Location:436 Apollo Sidney, Ohio
45365

• Preview Date:October 18,5:00-6:00 PM

• Buyers
Premium:12%

• Payment: The credit card on file will be charged for your total
purchases including any buyers premium or stated additional fees. Large ticket
purchases over $ 5,000.00 may be settled for with CASH, personal or corporate check
with letter of verified bank letter of guarantee. No item will be released or
transferred until payment has posted to our account. No charge backs are
allowed.

• Shipping: Vondenhuevel Auctioneers use third party shippers and
movers. For a fee of $ 10.00 per invoice we will deliver your small items to the
Local UPS Store for packaging and Delivery. Buyer shall assume all costs for
packaging and delivery. To receive a quote before bidding please contact the Sidney
UPS store at 937-498-0015

ALL OF OUR ONLINE AUCTIONS FEATURE BOTH A
MAX BID OPTION AS WELL AS A SOFT CLOSE.

“A MAX BID” may be placed on
any item and the computer will bid on your behalf, thus eliminating the need to
“babysit” your bids. This option is highly recommended so you do not miss out on the
item you are bidding on for any reason.

“THE SOFT CLOSE” feature which
means any bid received in the final minutes of the auction will auto extend bidding
on that particular item or lot by 5 minutes thus allowing a backup bidder the
opportunity to raise their bid. In the event you do not use the MAX BID feature and
you are out bid you will be notified via e-mail or text that you have been outbid and
will have the opportunity to raise your bid.

TERMS

GENERAL TERMS: The auction will be conducted by
Vondenhuevel Auctioneers on behalf of the owners of the property, referred to as the
Seller. Auctioneer is not responsible for the acts or representations of Seller. The
auction shall be governed by the terms set forth herein (the agreement), and any
additional terms and conditions that are posted concerning the specific property. The
Agreement constitutes a valid, binding contract between individuals participating in
the auction with the intent to purchase property, referred to as the Bidder or Buyer,
and Seller/Auctioneer. The term Bidder or Buyer shall include, but not limited to,
the individual or the company represented by the individual and any and all of its
agents, employees, representatives, officers, and directors. Auctioneer is not
responsible for statements made by the Bidder, Buyer, or other parties. 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. The act of submitting a bid shall constitute Bidder acceptance of each and
every term and condition contained herein, any additional terms and conditions posted
with the property, and any changes made within the full agreement. All persons
attending, inspecting or removing property assume all risks whatsoever of damage or
loss to person and property and specifically release the Auctioneer from all
liability. Auctioneer is not liable by reason of any defect in, or condition of, the
property or the premises on which the preview/sale is held. Auctioneer is released
for any claims to actual damage to the property sold and/or consequential damages
that may result from the sale of defective property.

DISCLOSURES/NO
WARRANTY: There is no warranty offered, expressed or implied, by Vondenhuevel
Auctioneers or Sellers for any property. All property is sold AS-IS, WHERE-IS, and
with all faults and defects therein. ALL SALES ARE FINAL. All information provided is
believed to be correct but NO warranty as such is either expressed or implied,
including but not limited to the merchantability or fitness for a particular purpose.
Bidder is solely responsible to determine condition, age, authenticity, value or any
other determinative factor. Bidder inspection of the property prior to submitting a
bid is strongly recommended. 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 Sellers 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. Buyer assumes full responsibility of
property at time of purchase, and all risk of loss and damage to property. All titles
will be assigned to buyer. NO OPEN TITLES.

BIDDER REGISTRATION: Bidder
must be 18 years of age or older, and are required to register for the auction. In
registration, 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.

BIDDING: Bidder must register to participate in the auction. Read the
descriptions of each lot and view photographs carefully. If you have any questions
call 937-538-6231. If you visit the viewing location, please personally inspect the
property on which you intend to bid during the date(s) indicated in the details per
item. Using YOUR knowledge and experience, form your own opinion of the property and
bid accordingly. If you are in doubt, DO NOT BID. All items are sold AS-IS this is an
AUCTION and all SALES ARE FINAL. Bids cannot be retracted and are binding contracts
between Bidder and Auctioneer/Seller. Bidder is accountable to be informed about
property and associated costs before bidding. A maximum bid can be placed on
property. A maximum bid is kept confidential, and Bidder authorizes Auctioneer to
place bids on his/her behalf up to the amount of the maximum bid. Upon sale of
property, identifying information and purchase amount will be posted for a designated
period of time. All questions or disputes must be resolved immediately; no changes or
adjustments will be made at a later date. Auctioneer reserves the right to reopen
bidding. Auctioneer decisions will be final.

BUYERS PREMIUM: A Buyers
premium of 12% will be charged on each purchase Unless otherwise stated. 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.

PAYMENT TERMS: Sales tax, when applicable, will be charged on
both the purchase price and buyers premium. 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, Discover,
American Express, Cash, Wire Transfer, Certified Check, Cashiers Check, or
Personal/Company Check with Irrevocable Bank Letter of Guarantee. Upon making payment
for property, no stop payment of funds will be honored, Any stop payment order of a
check, or giving a check which is returned marked insufficient funds, shall be deemed
by the parties to be a prima facie evidence of fraud existing at the time the
transaction was consummated and shall be construed by the parties as intent to
defraud. If you are from another country other than the US, you must pay in US funds.

REMOVAL OF PROPERTY / SHIPPING TERMS: Buyer assumes full
responsibility of property at time of purchase, and all risk of loss and damage to
property. Property will not be removed from sale premises until payment in full has
been received. Pick-Up Times are strongly enforced: Any items remaining after the
designated pick-up time will be forfeited and the purchaser will be charged a $ 20.00
Non-Removal Fee as well as all disposal costs. Repeated tardiness and or failure to
remove items will result in revocation of bidding privileges on all of our bidding
platforms. Furthermore you the purchaser are responsible to furnish all labor for the
removal of your items. If you are unable to secure the manpower for removal please do
not bid, all methods of lifting, towing, and/or hauling are the Buyers
responsibility. Packing and shipping costs are the responsibility of Buyer and shall
be conducted by a third party of choice. The final day of removal will be posted with
property information. Any and all property not removed by Buyer by the final day of
removal will revert back to the Auctioneer/ Seller, and may be resold at auction or
disposed of in any other manner that seems to be suitable.

CHOICE OF
LAW: The law of the State of Ohio governs this agreement any dispute arising from the
terms of this auction shall be brought in a court of Shelby County
Ohio.

ADDITIONAL NOTE: The following are property specific Terms &
Conditions that are posted online with the individual property information and will
override any likewise terms stated in this Agreement.

- Buyers
Premium

- Sale Date and Time (Beginning and Ending)

- Inspection
Location, Dates, and Times

- Final Date of Removal

- Shipping
Arrangements

- Special Notes/Comments/Announcements

ONLINE
BIDDING INFORMATION

If you are participating in an online auction, the
following additional terms will apply to the Auction Terms & Conditions set forth
above:

OBTAINING A USER NAME & PASSWORD: Click on BUYER LOGIN on our
Home Page and then CREATE NEW ACCOUNT. Follow the instructions. If you need
assistance feel free to contact us at 937-538-6231

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.

All lots for the on-line auctions shall be paid
in full using the registered credit card at the conclusion of the auction unless you
contact the auction company before the end of the auction to make other arrangements.
An invoice will be sent to your registered e-mail address within 24 hours following
the conclusion of the auction.

Thank You for participating in this auction.

Joe Chester Auction.