BY REGISTERING TO BID, YOU ARE AGREEING TO ALL OF THE FOLLOWING
TERMS AND CONDITIONS.

1.Purchases must be paid for within 48 hours after the auction. Payments can
be in the form of Cashier?s Check made payable to Credit Management
Association and overnighted to Attn: Auction Division, 40 E. Verdugo Ave.,
Burbank, CA 91502 or Wire Transfer: American River Bank, 520 Capital Mall,
Suite 100, Sacramento, CA 95814, CMA Auction Account # 510707693, AB #
121140263. NO EXCEPTIONS. All bidding and invoicing will be in US Dollars
($); the above approved forms of payment must be made in US currency.
PLEASE REFERENCE THIS AUCTION AND YOUR BUYER NUMBER ON ANY
PAYMENTS. ALL INVOICES MUST BE PAID IN FULL BY TBD.

2. Credit Card is required for registration, but cannot be used for purchases.

3. A Buyer?s premium of 15.5% of the bid price will be added to the price of
each item purchased. The buyer?s premium for each sale will also be
announced at the time of the auction. Taxes are calculated AFTER the buyer?s
premium. Note: Buyer?s premium online generally differs from onsite. The
Buyer?s Premium percentage will be posted on the website.

4. ALL SALES ARE FINAL. NO EXCEPTIONS. The condition of the merchandise
being offered varies. Buyer understands and agrees: (1) that any description
or sample of the merchandise given or furnished by Auctioneer is solely for
identification and does not create any warranty, expressed or implied, that the
merchandise actually conforms to such description or sample; (2) that all
merchandise is purchased and accepted by Buyer ?AS IS?, ?IN PLACE? and
?WITH ALL FAULTS, KNOWN AND UNKNOWN.? CREDIT MANAGEMENT
ASSOCIATION (?AUCTIONEER?) MAKES NO WARRANTIES OR GUARANTEES
WHATSOEVER WHETHER WRITTEN, ORAL OR IMPLIED AS TO QUALITY,
QUANTITY, CONDITION, LOCATION, USEABILITY, SALEABILITY, WEIGHT,
MEASUREMENT, YEAR, MODEL, MECHANICAL CONDITION, PERFORMANCE,
FITNESS FOR A PARTICULAR PURPOSE OR OTHER SPECIFICATIONS.
MANUFACTURERS WARRANTIES MAY
BE IN EFFECT. NO SALE SHALL BE INVALIDATED AND AUCTIONEER SHALL HAVE
NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER
CONTAINED IN A CATALOG, ADVERTISEMENT OR OTHERWISE. Descriptions
have been prepared for guide purposes only and shall not be relied upon by
Buyer for accuracy or completeness. By submitting a bid, Buyer/Bidder affirms
it has inspected all items or has waived its right to do so prior to bidding.
Buyers
shall be deemed to have relied entirely upon their own inspections and
investigations.

5. Buyers will be charged all applicable taxes unless SATISFACTORY PROOF OF
EXEMPTION is provided to Auctioneer. If satisfactory proof is not provided,
Buyer will pay all applicable taxes to Auctioneer. Proof must be provided
PRIOR to removal of purchases. No taxes will be refunded once the purchasers
have left the site. Proof of exemption, subject to approval by Auctioneer,
includes VALID RESELLER?S PERMITS, STATE-ISSUED LETTERS OF EXEMPTION,
BILLS OF LADING provided by shipper for OUT-OF-STATE SHIPMENTS only,
and any other documents as governed by applicable local, state, and federal
laws deemed acceptable at Auctioneer?s sole discretion. Taxes are calculated
AFTER the buyer?s premium.

6. All articles will be sold to the highest bidder conforming to the bid process.
Auctioneer reserves the right to sell articles by individual group lots and ?En
Bloc? as he deems appropriate. Auctioneer reserves the right to group,
reduce, add to or delete lots. Auctioneer reserves the right to sell on behalf of
third parties, its own account or on the account of others. In the event there is
a dispute between two or more claims of entitlement as the successful bidder,
Auctioneer reserves the right to re-auction the item in dispute. Auctioneer
shall regulate all matters relating to the conduct of the auction and his
decision shall be final and binding on all bidders. Auctioneer shall be entitled
to make changes in (the composition of) the lots or to withdraw them, up until
the last moment before the sale, refuse bids without having to state the
reason, in which case the previous bidders shall be bound to their bids, and to
correct himself. Auctioneer reserves the right to sell subject to reserve and to
purchase for its own account or of others, whether by verbal or written proxy,
all subject to prior sale. All sales shall be concluded on the fall of the hammer
or as indicated by Auctioneer and no buyer may thereafter revoke his bid.

7. Any announcements made on the day of the auction take precedence over
catalog or other previously announced or documented information, but do not
alter in any way the basic terms and conditions of sale. Credit Management
Association reserves the right to correct any mistakes or typographical errors
made by itself or on its behalf in any of its announcements or documents.

8. No checkout will be permitted during the auction sale. All invoices must be
paid in full before merchandise will be released from the premises. Unless
Auctioneer determines otherwise at its sole discretion, checkout will begin on
the day following the auction sale. Quantities must be checked before removal
of purchases. No allowances will be made for claims or shortages once items
are removed from the auction premises. Unless Auctioneer determines
otherwise at its sole discretion, no item, no matter how small or how far the
purchaser has to travel, may be removed until the close of the auction sale.
Where available, documents of transfer, including motor vehicle ownership
documents, will be provided within 30 days following the auction or as soon
thereafter as such documents are available. Credit Management Association
makes no warranties that such documents will be available. Any available
titles shall not pass to Buyer until full payment is received.

9. All property must be paid for and picked up in the time frames announced
by Auctioneer at time of sale. If not, the merchandise will be deemed
abandoned and Buyer will lose right, title or interest Buyer may have acquired
and the merchandise shall revert and repossess to Auctioneer without further
notice to Buyer and Buyer?s deposit will be forfeited. No purchaser may
assign, transfer, or dispose of his rights in any article purchased before he
has paid the purchase price in full.

10. If any applicable conditions are not complied with by Buyer, then, in
addition to any other remedies available to Auctioneer, including and without
limitation, the right to hold Buyer liable for the total purchase price,
Auctioneer may, at its option, (a) cancel the sale, retaining all payments made
by Buyer, including any deposit made, as liquidated damages and/or (b) resell
the merchandise at public auction in which event Buyer will be liable for the
cost of removing and reselling the abandoned merchandise, for any deficiency
between Buyer?s original purchase price and subsequent resale price,
Auctioneer?s commission, interest rates (a minimum of 1.5% per month or
18% per annum), legal fees, moving and storage (a minimum of $2.00/sq.ft.
per month) and all other expenses related to the disposal or reselling of the
abandoned property. In addition, Auctioneer may retain any merchandise
purchased at auction by a defaulting Buyer as collateral security for Buyer?s
obligations to Auctioneer.

11. Buyer is solely responsible to provide any personnel, equipment or
materials needed to pick up purchases and shall assume all responsibility for
the removal of any item of property purchased at the sale and any and all
risks associated with such removal including, without limitations, the
responsibility for providing LICENSED AND BONDED professionals to ensure
proper water, gas and/or power disconnection, disassembly, removal and
loading and full financial responsibility for any damage or liability to persons
or property resulting from any negligent act or omission of Buyer or Buyer?s
employees, agents and/or representatives during pick-up and removal. CMA
does not provide packing or shipping services.

12. Buyer agrees that in the event purchased merchandise contains any
environmental hazards, toxic waste or other type of hazardous material in any
form whatsoever, Buyer shall provide evidence that Buyer or its
representatives are licensed for such removal and shall comply with all
applicable local, state and/or federal rules, laws and regulations. Auctioneer,
its agents or representatives will not be responsible for its containment,
storage or removal.

13. Persons in attendance during the inspection, sale or removal of
merchandise assumes all risks of damage or loss to persons, property, or
merchandise and shall exercise proper precautions at all times for the
protection of persons and property and shall comply with all safety and health
requirements as directed by Auctioneer, and local, state and federal
regulations. Auctioneer, its agents, its employees and representatives shall
not be liable by reason of any defect in or about the condition of the premises
on which the auction is held. Buyer specifically releases Auctioneer, its agents
and representatives from all liability thereof.

14. All risks of loss shall pass to Buyer at the time of payment. If Auctioneer is
unable to deliver an article sold to Buyer due to fire, theft or any other
reasons whatsoever, Auctioneer shall reimburse Buyer for all monies paid to
Auctioneer in respect to the article and Auctioneer shall have no further
liability to the purchaser arising from or relating to such loss, including
without limitation any damages for loss of profits.

15. In no event shall Auctioneer?s liability to Buyer exceed the purchase price
actually paid. A buyer?s claim shall be limited to the amount paid for the
merchandise, and shall not extend to any obligation; risk; liability; right;
claim; remedy for loss of use, revenue or profit; liability of Buyer to any third
party; personal injury; or any other direct, indirect, incidental or consequential
damages. Auctioneer is acting as an agent only and is not responsible for its
clients.

16. Buyer agrees to indemnify, defend and hold harmless Auctioneer and its
agents and representatives, from any and all demands, claims, losses,
damages and liabilities (including attorney?s fees) asserted against, resulting
to or imposed upon Auctioneer resulting from the negligence of Buyer or
his/her employees, agents and representatives, while in, at or about the
auction premises during inspection, sale or removal of merchandise.

17. Credit Management Association shall have the right to make image and
audio video recordings of the auction, to use said recordings at its own
discretion, and if deemed appropriate to make them public. Participants give
their permission by participating in the auction.

18. The bidder?s paddle is nontransferable. All bids made by the holder of the
paddle will be Buyer?s responsibility. A successful bid at auction constitutes a
legally binding contract of sale. Auctioneer reserves the right to refuse any
applicant the privilege of bidding or attending the auction and may revoke
such privilege of bidding or attending the auction AT ANY TIME.

19. This sale transaction shall be governed by and construed in accordance
with local laws of the State of California, USA. If any provision of these Terms
and Conditions shall be held invalid, illegal, unenforceable or inoperative, the
balance of Terms and Conditions shall remain in full force and affect as if
such provisions had not been included. These Terms and Conditions with any
amendments or modifications expressly made by Auctioneer at the time of
the auction constitute all the terms and conditions with respect to the sale of
articles at this auction. There are no representatives, warranties, terms,
conditions, undertakings or collateral agreements except as herein provided.

ALL SALES ARE FINAL! NO REFUNDS OR EXCHANGES!
INVOICES MUST BE PAID IN FULL WITHIN 48 HOURS.CHECK OUT IS BY
APPOINTMENT ONLY! PLEASE CALL 818-652-8053 TO SCHEDULE
APPOINTMENT.