The following is a summary of the Terms and Conditions for this online auction for real estate located at and/or identified as 0 Slade Rd. Cambridge, Ohio 43725 (the “Property”) Parcels 80002357002 and portions of 80001852000 and 80002275000 being approximately 35 acres.

Bidder agrees to abide by these Terms and Conditions of the online auction. This auction has an undisclosed reserve price. If the highest bid meets or exceeds the reserve price, the highest bidder will execute the real estate purchase agreement. The real estate purchase agreement is available for review prior to bidding on the "documents" page. No revisions to the real estate purchase agreement will be permitted. By bidding at this auction, Bidder agrees and confirms that Bidder understands and agrees to all of the following:

All bids remain legally binding for 24 hours after the auction's conclusion.

This auction begins closing on December 27^th, 2023 at 5 pm; however, bidding will remain open on this property until 5 minutes have passed without receiving a bid. Auctioneer reserves the right to shorten this time.

You are NOT bidding by the acre. You are bidding to pay a lump sum dollar amount for each parcel.

If your bid is accepted, you are obligated to buy the Property, and you agree to pay the total purchase price, which includes your bid, a 10% buyers premium, and half of the fees charged by the title company to close the transaction. Buyer shall also pay for half of the cost of an Owner's Policy of Title Insurance.

The successful Bidder at auction will be required to tender a non-refundable deposit in the amount of 10% of the final purchase price (including buyer's premium) by electronic transfer or other method specified by the Auctioneer within one business day after the conclusion of the auction. Failure to tender the earnest money deposit will be a default.

The Property sells in its AS-IS condition. Sellers will not make any repairs or give any concessions for repairs or remedies to any defects discovered. Each Bidder or buyer is responsible for conducting his or her own due diligence on the Property before bidding.

The sale is not contingent upon a satisfactory inspection. Any desired inspections of the Property must be completed prior to bidding.

The winning Bidder is welcome to finance their purchase; however, the sale of this property is not contingent upon the winning Bidder’s ability to secure financing. Bidders seeking financing should contact a lender for pre-qualification prior to bidding.

Buyer assumes any responsibility for an appraisal gap.

The sellers do not own the mineral rights. The purchase of this property will not be contingent upon any mineral rights transferring to the buyer.

The sale of the property requires a new boundary survey that will be completed prior to closing at the Sellers expense.

The final purchase price will be determined on a per-acre basis by the new survey.

Closing shall occur on or before January 26^th, 2024

The sellers will provide a general warranty deed to the Property.

Northwest Title will be performing closing. (Krista McKee 740-994-4466)

Bidder acknowledges that a review of a copy of the real estate purchase agreement, property disclosures, and title search is available for bidders' review prior to bidding.

Any Bidder must be at least 18 years of age.

In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, auctioneer reserves the right to extend bidding, pause the bidding, continue the bidding, or close the bidding. Neither the company providing the software nor the auctioneer shall be held responsible for a missed bid or the failure of the software to function properly for any reason.

Auction announcements or postings take precedence over anything previously stated or printed.

Should Bidder fail to abide by these Terms and Conditions, Auctioneer and/or Sellers may commence proceedings to recover actual damages, including reasonable attorneys’ fees to enforce them.

Buyers agents are welcome and appreciated. To receive a 3% sales commission, Buyers agent must email Agency Disclosure Statement within 24 hours of the auction's conclusion to the auctioneer. Agency Disclosure Statement must be signed by the Buyer. If Buyer makes contact with the auctioneer regarding the auction property, registers for auction, or places a bid prior to the auctioneer receiving a fully-executed Agency Disclosure Statement, no commissions will be paid. No commissions will be paid on any buyers premiums. Buyers agent is prohibited from bidding on buyers behalf.

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