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

GENERAL RULES AND INFORMATION

*Register on this site to bid online only. If you will be physically coming to the
sale, you must register at the auction in person, rather than online. If you are
registering online, please include a fax number or email address that your
invoice can be sent to.

******All sales in U.S. dollars only!!******

*All descriptions are believed to be correct, but no guarantees or warranties are
made by auctioneer as to nomenclature or age. Everything sold on an "as is"
basis.

*Please remember that a bid is a verbal contract; once you become the
successful bidder, you must pay for your items. If you find that the riggers you
contact are charging you high fees, that doesn?t mean that you can abandon
your items. Once you win, you are responsible for paying.

*A deposit of 25% (of what you actually bid on or intend to bid on) in cash,
cashier?s check, credit card account authorization, company check or company
purchase order is required of each bidder. In the case of a credit card account
authorization, your account number must be entered as part of the process of
registering to bid. If you do not have a credit card, please call our office at
323-851-2008 and make arrangements to overnight a check to our office in
order to bid.

***FULL AND FINAL PAYMENT MUST BE MADE IN CASH, CASHIER?S CHECK, WIRE
TRANSFER OR COMPANY CHECK (with specifically worded bank letter) ONLY. ***
PAYMENT MUST BE MADE, OR WIRE INITIATED, BY CLOSE OF BUSINESS THE DAY
AFTER THE SALE. Credit card authorization and company checks (not
accompanied by bank letters) are for deposit only, and in the case of company
checks (not accompanied by bank letters), will be returned to you once full
payment in cash, cashier?s or wire transfer is made.

*If you plan on using a company check for payment, it MUST be accompanied by
a bank letter worded EXACTLY thus: "This letter is being written to confirm that
{Enter name} Bank agrees to IRREVOCABLY GUARANTEE check number {x},
written from the account of {buyers? name} for an amount up to {amount higher
than what is successfully bid on at auction}." If your bank letter does not
conform to this template, IT WILL NOT BE ACCEPTED.

*INTERNET BUYERS PREMIUM IS 15% OF HAMMER PRICE.

SALES TAX
ALL SALES WILL BE SUBJECT TO LOCAL SALES TAX

Rossville, IL Sales Tax: 6.5%

*For Manufacturers: You may be eligible to fill out Form ST-587, if you can
stipulate that the items you?re purchasing will be used primarily in the
manufacturing or assembling of tangible personal property for wholesale or
retail sale or lease. The form must be completely filled out and signed, and it
can be found here: https://www.revenue.state.il.us/taxforms/sales/ST-587.pdf

Alternatively, you may pay the sales tax initially, and then receive a refund once
you provide us with a Bill of Lading demonstrating that the items crossed state
lines via a common carrier. In this case, the Bill of Lading must be provided
with 21 days of the sale to qualify you for a refund.

Either document may be faxed to 818-933-0782, or handed in at the sale site.

*For Resellers: Those doing business in Illinois may provide us with a
completely filled in and signed Form CRT-61.

If you are a reseller from outside of Illinois, you must pay the sales tax initially.
Then, you may provide us with a signed Bill of Lading from a common carrier
stating that the items you purchased crossed state lines. Again, this Bill of
Lading must be signed, not a document created by computer and emailed, and
it must be created by the rigger, not the purchaser. Additionally, it must be
remitted to our office within 21 days of the sale. After that date, we cannot
guarantee a refund.

Either document may be faxed to 818-933-0782, or handed in at the sale site.

***IMPORTANT***In ALL cases, without exception, if you cannot furnish us with
the required tax exemption proof BEFORE payment is made, then you MUST pay
the tax. If you can furnish us with the required documentation after payment is
made, but within 21 days of the sale, a refund will be promptly issued. There
are NO exceptions to this. If you make a wire transfer to us, or obtain a
cashiers? check, without including the tax and before giving us the required
documents, you will not be allowed to remove any equipment until the situation
is corrected. Obviously, if you are relying on a Bill of Lading for tax exemption,
you will not be able to provide copies of documents until after the items are
moved, and so please be aware of this rule when making payment. Also, we
remit the sales tax we collect to the appropriate tax agencies on a monthly
basis, so if you take longer than 21 days to get tax exemption proof to us, it
will be too late: we will not take steps to try and retrieve your sales tax from the
department of revenue once the taxes are turned in.

***If we have any doubts as to the veracity of tax exemption claims, we reserve
the right to refuse tax exemption status.***

LOT REMOVAL
Removal of lots is entirely the responsibility of the bidder. We do not package,
load or ship. It is up to you to hire a rigger or otherwise provide for the
removal of your items.

IMPORANT: Due to buyers being lax about removing their items in a timely
fashion, we are implementing a $500 per day fee for entry into the facility every
day past the time allotted for check out.


GOOD LUCK AND HAPPY BIDDING!