Schuster Repair & Towing Liquidation: Real Estate & Equip

by Aumann Auctions, Inc.

When

June 18, 2015 Thursday, June 18th at 6 PM Central

Where

Turn Key Business: Schuster Repair & Towing Company Liquidation 706 W. Johnson Pocahontas, IL

How

Online Only

Notes

VIEW ALL ON SAT. JUNE 13 9:00AM - 12NOON. Complete liquidation of Schuster Repair and Towing in Pocahontas, IL -turn key business - be in business for yourself and CASH FLOW ON DAY 1! Commercial real estate, busy telephone number, service trucks, tools and equipment. ALL SELLING SEPARATELY AND REGARDLESS OF PRICE! Buy just one or any combination you choose with CONVENIENT ONLINE ONLY BIDDING! Bidders: please read all info below! 10% Buyer's Premium

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Starting Time

May 19, 2015 12:00 PM


Starting Time

May 19, 2015 12:00 PM


INCREDIBLE OPPORTUNITY!: Commercial Location, Ongoing Business, Service Trucks, Tools and Equipment

ALL SELLING SEPARATELY! Bid on one or any combination you choose!  CONVENIENT ONLINE-ONLY BIDDING!

Rich & Cassie Schuster have decided to retire and will be selling their ENTIRE business!  The Schusters have been serving the Pocahontas area since 1990 and have an excellent business that you can step right into.  Everything will be selling SEPARATE & ABSOLUTE!  There is a 10% Buyer’s Premium added to all winning bids for real estate and personal property.

  • Commercial Real Estate 4,400 sf on +/- 1 acre
  • Ringing Telephone Number and Contacts - CASH FLOW FROM DAY 1
  • 2 Separate Service Trucks
  • Shop FULL of Tools and Equipment 

Note to Bidders:  YOU WILL NEVER HAVE AN OPPORTUNITY LIKE THIS - WE ARE SELLING A SOLID BOOK OF BUSINESS BUILT FOR YOU BY THE SCHUSTERS WITH OVER 30 YEARS OF DEDICATION TO CUSTOMERS AND HARD WORK. Please take the time to read all information, view the attached documents above under "VIEW DOCUMENTS", and let us know if you have questions because, we are aware this sounds too good to be true. 

OPEN HOUSE: Saturday, June 13th, from 9:00 AM - 12 Noon

REAL ESTATE

High Visibility from I-70 & Just Off Hwy-40 - Automotive Service Building on Approximately 1 acre at 706 West Johnson Street, Pocahontas, Bond County, Illinois

*SEE AERIAL AND TAX MAPS BY CLICKING "VIEW DOCUMENTS" ABOVE

Zoned “M-1”, Manufacturing, Village of Pocahontas.   This allows for business uses such as warehouses, automotive buildings, service buildings, and other industrial uses. Tax Parcel Number: 07-12-04-222-001 – Automotive Repair Building: 1.04 acres

To view Bond County Tax Maps and Aerial Map with approximate property lines, click on the View Documents link under the Auctioneer’s Notes at close to the top of this page. 

The 4,400sf Service Building was built in 1990, Wood Framed, Metal Skin, Metal Skin Walls, Cement Floor, Fully Insulated with a ceiling height of 15 feet.  There are 3 Overhead Doors:  1 is Semi truck height and the other is regular truck height. 

The interior layout includes

  • Small office area (approximately 15ft X 10ft) with paneled walls & vinyl floor
  • 2 restrooms (one has a shower stall)
  • Mezzanine area above the office and restrooms used for storage now
  • Flush-mounted florescent light fixtures
  • Ceiling fans
  • 3 suspended heating units
  • Water heater
  • Additional utility sink by the steps to mezzanine area

Rock paved drive and parking on the north side of the building and concrete drive on the south side of the building.  Exterior lights and fencing.

Property Tax ID number:  07-12-04-222-001.  Property taxes $2,020.01.  

According to flood map number 170697, FIPS Code 17005, and Census Tract 9515.00, this property is located in an area that is NOT in a flood prone area.

10% Buyer’s Premium Added To The Winning Bid

 

SERVICE TRUCKS

(1) International 1996 Niva Star 4700 Roll Back Truck  

(2) Chevrolet 1994 K3500 4X4 3/4-Ton Pick Up With Astoria Service Bed

WINNING BIDDERS WILL PICK UP ALL ITEMS SATURDAY, JUNE 20 FROM 9AM-3PM

10% Buyer’s Premium Added To The Winning Bid

 

BUSY RINGING PHONE NUMBER AND GOOD WILL

Richard and Kacinda Schuster have been in business since 1990 in this spot.  They have an excellent reputation and cash-flowing business.  This contact/customer list and telephone number will be busy for repairs and service from Day 1.  If you are in the tire, semi-truck repair, car repair or towing service business, you need this number to ring for you.  How often have you had the chance to purchase a wave of additional business? 

10% Buyer’s Premium Added To The Winning Bid

 

EQUIPMENT, TOOLS, INVENTORY, SIGNS, FIXTURES

Snap On Tire Mount Machine with bead breaker - up to 24" Purchased in 2012 -- Works good.; Snap On Tire and Wheel Balancer - 115 Volt - up to 24" Purchased in 2012 -- Works good.; Rim Clamp Tire Mount Machine - up to 20" Works fine; Coats Tire and Wheel Balancer - up to 20" - 110 Volt Works fine; Duro and Company Small Car Lift -- Mid Rise -- 110 Volt Works fine; Miller Rough Neck Portable Welder 12 Horse Engine & Generator Fair Condition; Robinair Cooltech Vehicle Air Conditioner Diagnostic System & Recovery -- 134A Refrigerant with accessories (O rings, UV light, leak detector, orfice tube, 2 bottles of AC flush solvent) Currently in service;  FS Curtis Air Compressor 7 1/2 Horsepower. 220 Volt Currently in service.; Snap On Modis Ultra Diagnostic System for Vehicles -- Multi function diagnostic platform with integrated software suite: including OEM - specific & global OBD-II scan tool, guided component tests, lab scope, graphicing multi meter, vehicle ID and data records, platform configuration tools. Purchased in 2014.  Updates are current through 2015;  Snap On Mig Welder with cart-- 140 Amp, 110 Volt (tank not included) Currently in service.; Skat Blast Sand Blast cabinet 27" x 34" blasting area Works good; Branick Coil Spring Compressor - Table Top Mount ; Carolina Industrial 30 ton shop press Works good; Guardian Power Products Floor model Drill Press - 12 speed & includes vice Wired direct - no switch; Snap On Tool Box with 5 drawers with lock/key - 26"W x 15"D x 17"T ; Soap parts washer -- 220 Volt/Single Phase Purchased in 1996 Iron Table - Heavy Duty 46" x 27" x 33" with wood top.; Karcher Hot water pressure washer 110 Volt Works good; Long Ram 3 ton transmission jack--single stage Currently in service.; 1000 lbs transmission jack -- two stage Currently in service.; OTC Hub Grappler Kit ; Lincoln 30 gallon grease pump on cart Currently in service.; Bolt bin with contents (misc bolts/nuts/washers);  35" x 21" x 12" Metal Stair way framing;  82" x 25 1/2" x 54" 4 Jack Stands ; Napa Battery Charger Works good; Air tank bead setter; 2 metal tables, misc lug wrenches ; Gaither 5 piece tire tool set ; Matco & Others 1 7/8 to 4 1/8 sockets (most are 3/4 drive) ; Metal work table and contents: 28" x 72" x 34" Contents: old solder irons, hardware bins, & pipe fittings) 2 metal drawer cabinets and 1 Gates hose cabinet (includes contents-- misc nuts and hoses) ; Metal work table: 29" x 42" x 34" (No contents) ; Blue Ridge Equipment Cherry picker - mid sized;  AMMCO Single phase high performance Brake Lathe Currently in service.; Pneumatic Lift Currently in service.; Engine Stand Currently in service.; Dayton Band Saw Needs blade.; Gas Caddy with rubber tires; Lincoln Arc Stick Welder -- 225 Amp with 4 partial containers of welding rod Currently in service.; Dayton Industrial bench grinder Currently in service.Vise - 6 inch. Very Heavy Welding Table: 36" x 42" x 34". Made from 3 sections of 12" C Channel and 4 4" pipes;  Mikita & Black/Decker Mikita Cut off Saw & Black/Decker 9" Grinder. Includes blades and grinder attachments on wall. Extension cords, welding rod, Rigid pipe wrenches, C clamps, and misc;  Paramo Heavy duty vice Misc gear pullers Metal work table with contents (Not included: vice, radio, or oil): 73" x 28 1/2" x 34" Several gallons of Extended Life Truck Antifreeze 2 Metal office desks - one measures 33" x 59" and the other measures 30" x 60". Both have double drawers and a middle pull out drawer

WINNING BIDDERS WILL PICK UP ALL ITEMS SATURDAY, JUNE 20 FROM 9AM - 3PM

PARTS CABINETS & GARAGE ADVERTISING

Monroe Light up plastic sign 15 1/2" x 26 1/2" ; Giant Metal Tire Sign 30’ L ; Borg Warner Parts cabinet includes contents: 30" x 30" x 14" deep (has key) Nice condition; Champion Spark plug cabinet includes contents: 26 1/2" x 30" x 10" Nice condition; Filko Parts cabinet includes contents: 30" x 38" x 12 1/2" (no key) Nice condition; Filko Parts cabinet includes contents: 30" x 38" x 12 1/2" (has key) Nice condition; Guaranteed Tune Up Parts cabinet includes contents: 32" x 31" x 12 1/2" (no key) Fair Condition; Metal drawer unit with contents (lug and lug nuts) & misc items on top Good Condition; Guaranteed Parts Metal cabinet with contents: 32" x 31" x 13" (no lock) Fair Condition; Assortment of carburetors (Holley, Delco-Remy, Monojet, Quadrajet, Zenith) Pile of miscellaneous inner tubes (some are new) Carburetors, manifolds, starters, alternators, V8 headers, & misc. (Quadrajet, & Holley) Corner shelf of items and on floor (U clamps, misc parts) Misc lights, inner tubes, light trim, & clamps. Most are new in package.New inner tubes, 2 Toyota used computers, misc parts (2 shelves) 3 shelves of misc new inner tubes (sizes: 4.10/3.50, 15X6.00, 11LR15/16, 11L-14 and more) Misc filters, light bar, radio, and more;  Borg Warner Metal cabinet with keys & contents: 30" x 30" x 14". (Distributor caps and misc) ; Borg Warner Tune Up Parts cabinet with key and contents: 32"x 40" x 16". Ignition parts;  Filko Metal cabinet with contents (spark plugs): broken lock assembly with no key. 30" x 34" x 11" ; Filko Metal cabinet with contents (no key). 30"x 34" x 11". Spark plugs and ignition parts;  Wurth Metal parts bin. New in box. 22 1/2" x 34" x 8 1/2" ; Walker Muffler Clock/Sign - 15" x 37" and misc brackets Needs cleaning; Anco Wiper blade metal display cart with contents: 22" x 24" x 42" ; Bridgestone Bridgestone Embossed Sign - still in the crate. 24" x 119" Paint is cracking.; Rennoco Oil Tank with reel and gallon gauge. Does not include items on top. Currently in service.; Rayvestos Metal cabinet with contents;  Wagner Light bulb display cabinet and includes bulbs;  Rockhill Water outlet gasket display with gaskets;  Rockhill Automotive Hose Clamps display with clamps. Automotive Fuses, thermostats, and Napa oil filters ; CR Seals & Bearings Seal and bearing display with contents;  Tru-Torque Metal cabinet full of U joints

WINNING BIDDERS WILL PICK UP ALL ITEMS SATURDAY, JUNE 20 FROM 9AM - 3PM

HARDWARE, ENGINES, RACKING AND MORE!

Kohler 10-12?? Horsepower Motor It is free/loose.; Semi Truck Bed - Storage Container: 8’ x 40’ (no contents included) No wheels, is currently setting on the ground.; 2 Iron Tire Racks -- 9’ x 29" x 8’ (no contents included) ; Mostly stainless steel tire rack -- 10’ x 19" x 98". No contents included;  Scrap Iron pile includes: 12" x 10’ I beam, C channel, iron pipe stand ; Misc iron pipe scrap with racking. Angle iron, I beam, and pipe scrap with racking;  Portable Tire Rack: 50" x 68" x 80" ; Iron Tire Rack: 29" x 101" x 96" ; Iron Tire Rack: 29" x 106" x 96" ; Pallet Rack Shelving: 48" x 104" x 12’ ; Pallet Rack Shelving: 48" x 104" x 12’ ; Iron pile-- misc (4’ x 7’) ; Wix & Fleetguard Misc group of filters Gas cans (metal & plastic), conduit bender, yellow revolving lights, 1 ATV tire Oil drain pan, tire chains, misc metal, 15" trailer rim, misc scrap metal;  Scrap Lot: Reese hitches & misc starters, & alternators, 2 large clevus ; Metal table, bolt bin, 3 metal tool boxes, bolts, nuts, & washers;  Wheel barrow, 2 metal bolt bins, tool boxes, and misc. Metal cart with contents;  2 Metal Shelving Racks with contents - hardware bins. Each rack measures 4’ x 18" x 85";  Gates 60+ flat & serpintine belts. Belt hook and gauge included. Engine Stand and a Barrel Stand Torch set with gauges & hose with cart (Tanks are NOT included). 2 wheel hand cart;  2 Barrel pumps, misc angle iron, flat steel, and stainless steel brackets. Currently in service.2 Step ladders: 1 Wooden - 8 Ft. and 1 Fiberglass - 12 Ft. 4 Squirrel cage fans. 2 with motors and 2 without motors. Metal work table (29" x 42") with contents (drill bits, 2 small fenders, alternators and more) but does NOT include spring compressor;  Maxx Air High Velocity Fan -- 30" Works; Rhino Various Easy Flex Brake Lines, fittings, and display. Oil Catch Can on cart with pressured drain. Currently in service.Oil Catch Can on cart with no pressured drain Currently in service.Mechanics Step with work tray & Mechanics work station with pull out drawer (30" x 34" x 43"). No contents included. Currently in service.; Gates Belt Drive Alignment Tool ; Snap On Compression Gauge Set ; Star Products Fuel Injection Pressure Test Set Deluxe Hubcap Wheel Lock Removal Kit & OTC SST Sensor Tester Well used; Whistler Vehicle Stethoscope and an electronic bore scope ; Innova & Catmaster 2 Electronic sensors. 1 - Innova 3110 and 1 - Catmaster 02 Tester. Rear Disc Brake Caliber Tool & 2 other plastic tool cases ?? ; Wurth Electrical ends and connectors in metal cases ; Performance 2 speed electric heat gun & assorted E clips Metal work table: 29" x 42" x 34". Does not include contents;  Rockford Parts washer & Oil Pump on cart 24" Short Pedestal Fan & winch with cable ; Matco 4 cases: 3 are Matco with assortment of tools, hoses, & farrels;  Chevrolet 305 engine with transmission. Ran good when taken out;  Chrysler 272 engine with transfer case;  Chevrolet 350 engine - 4 bolt main with intake and heads;  Chevrolet 400 transmission with gear drive transfer case. Good when it came out. Also comes with drive shafts;  Chevrolet 350 engine. 14010201 Motor Number ; Chevrolet 350 engine. 8932388 Motor Number;  Chevrolet 305 engine;  Chevrolet 350 engine. Roller Cam Motor;  Chevrolet 350 engine. 3970014 Motor Number ; Ford C3 Transmission ; Chevrolet Spicer 5 speed transmission. 3152 Model. New Process transfer case. 205 Transfer Case ; Ford 390 engine. Ran when it came out of truck but needs overhauled;  GM Rally 3 GM Rally Wheels 9 Used Tires - Assorted sizes/brands 7 Used Tires - Assorted sizes/brands. 11 Used Semi Tires Fair to Good Tread; Napa/Black Hawk 2 pneumatic bottle jacks - 20 tons. Air over hydaulic. 1 - Napa and 1 - Black Hawk Both work.Metal cart with contents. Includes: Chicago Pneumatic 1" air impact with several impact sockets, misc tire removal tools, short handled sledge, and air hose. Currently in service.; Tech Tire repair cabinet with contents;  Branick Tire Spreader and accessories Lot of pneumatic tools, 1/2" air impact, air grinder, air die grinder. Currently in service.5 misc semi tires. Some with rims;  Misc tool lot: Includes bolt cutters, hand pipe threader, hammer pullers, valve remover, and other shop tools;  Snap On Wall mount hose reel with 20 ft. of hose Currently in service.; Semi Wheels - Total of 7 Contents of Tire Rack -- Various sizes of tires, total of 12. All tires in Semi trailer and some rims;  Reading Utility Truck Bed - 8 foot Well used; Chain link Fencing Lot with posts, big gate, and accessories;  Chicago Pneumatic/Blu Point Chicago Pneumatic 1" air impact, Blu Point 1/2" air impact, Chicago Pneumatic 1/2" air impact, with several impact sockets and hose adapters. Located inside Red Truck; Misc Tools and oil filters. Includes: bottle jack, tire tool, short sledge hammer, funnel, battery jumper cables, misc lubricants, & misc fuel fittings. Located inside Red Truck; Misc Tools, lights, fittings, air hose, & gas can Located inside Red Truck

WINNING BIDDERS WILL PICK UP ALL ITEMS SATURDAY, JUNE 20 FROM 9AM - 3PM

PLEASE READ AND REVIEW THE REAL ESTATE TERMS AND THE PERSONAL PROPERTY TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS PLEASE DO NOT BID.

BY BIDDING ON THE REAL ESTATE AND/OR THE PERSONAL PROPERTY, BIDDER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE PROPERTY UNDER THE FOLLOWING TERMS AND CONDITIONS:



REAL ESTATE TERMS:

UPON CONCLUSION OF THE AUCTION: The Winning Bidder will be emailed a Real Estate Contract to print and required to fully and correctly complete and properly sign without any modifications and return the completed, signed contract to Aumann Auctions, Inc. by email, fax, certified mail or delivered in person by 4:00 PM of the day following the auction. Along with the completed, signed contract, the Winning Bidder will be required to send the specified non-refundable earnest money deposit as stated in the property description. The earnest money deposit for the 1.04 acre parcel with the building is $10,000.00. This non-refundable earnest money deposit will be held in escrow until closing and that amount will then be credited to the Buyer as part of the purchase price of the property. Wire transfer instructions and escrow agreement forms will be provided to the Buyer along with the contract after the auction. Purchaser shall be responsible for all wire transfer fees.



Successful bidder not executing and returning the completed contract and earnest money deposit by 4:00 PM the day after the auction will be considered in default. Such default by the Successful Bidder will result in that Bidder’s liability to both the Seller and Aumann Auctions, Inc. Seller shall have the right to (a) declare this contractual agreement cancelled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the property either publicly or privately with Aumann Auctions, Inc. and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding costs of the property, the expenses of both sales, legal and incidental damages of both the Seller and Aumann Auctions, Inc. In addition, Aumann Auctions, Inc. also reserves the right to recover any damages separately from the breach of the Buyer.



Both the Successful Bidder and Seller shall indemnify Aumann Auctions, Inc. for and hold harmless Aumann Auctions, Inc. from any costs, losses, liabilities, or expenses, including attorney fees resulting from Aumann Auctions, Inc. being named as a party to any legal action resulting from either Bidders or Sellers failure to fulfill any obligations and undertakings as set forth in this contractual agreement.



REAL ESTATE TERMS:

• BUYER’S PREMIUM: At the conclusion of the bidding a 10% Buyer’s Premium will be added to the winning bid to determine the total purchase price of the property.

• DATE OF CLOSING: The closing will take place within 30 days from the date of the auction and as specified in the Contract for Sale of Real Estate. All taxes will be prorated to the day of closing.

• NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyers financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding.

• TITLE: Buyer is entitled to and the Seller will provide clear, insurable title for property upon full payment.

• ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.

• AERIAL PHOTOS, Images and Drawings: are for illustration purposes only and not surveyed boundary lines unless specified.

• AGENCY: Aumann Auctions, Inc. is the Agent and Representative of the Seller.

• CONDITION OF PROPERTY: Property is sold 'AS IS, WHERE IS' condition. Aumann Auctions, Inc, the Sellers nor their representatives, agents, or employees make express or implied warranties or representations of any kind. Each potential bidder is responsible for

conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property prior to bidding on the subject property. All information presented in the brochure, website, and all other mediums is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors, or omissions is assumed by the Seller, Aumann Auctions, Inc. or their Agents or Representatives. Buyer and or

Bidder agrees to hold harmless and indemnify Aumann Auctions, Inc. and their Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

• DISCLAIMER: All information included herein was derived from sources believed to be correct, but is not guaranteed. NEW DATA, CORRECTIONS, and CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

• DISPUTES: Any dispute between Aumann Auctions, Inc or the Sellers or their Agents or Representatives and the Buyer(s) will be (a) arbitrated in Montgomery County, IL or (b) tried in a court of jurisdiction in Montgomery County, Illinois at the discretion of both the Seller and Aumann Auctions, Inc.





BIDDING AND REGISTRATION INFORMATION



BIDDER VERIFICATION: Bidding rights are provisional, and if identity verification is questionable, Aumann Auctions, Inc. has the right to reject the registration, and bidding activity will be terminated. The Seller and Aumann Auctions, Inc. reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to Aumann Auctions, Inc. or in their sole opinion detrimental to Bidding Activity, then Aumann Auctions, Inc. reserves the right to delete the bidder from bidding or unilaterally change the username with notification to the Bidder. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.



YOUR BID ON THIS AUCTION INDICATES BOTH AN UNDERSTANDING AND AN ACCEPTANCE OF THE TERMS OF THIS CONTRACTUAL AGREEMENT BETWEEN YOURSELF AND BOTH THE SELLER AND AUMANN AUCTIONS, INC. AND THAT YOU, AS THE BIDDER, ARE PREPARED TO PURCHASE THE PROPERTY UNDER THE TERMS AND CONDITIONS OF THIS AUCTION.



PERSONAL PROPERTY TERMS:

1. CATALOG: Aumann Auctions has put forth every effort in preparing the catalog for this auction to provide accurate descriptions of all items. All lots are sold AS-IS, WHERE-IS, with all faults, imperfections and errors of description. Due diligence is the responsibility of the bidder/buyer. Printed statements or descriptions by staff are provided in good faith and are matters of opinion.

2. PICK UP AND PAYMENTS: WINNING BIDDERS WILL PICK UP ITEMS ON SATURDAY, JUNE 20, 2015 FROM 9:00AM - 3:00PM. There is a 10% Buyers Premium added to your total purchase. All sales are final. No credit card charge backs will be allowed. No cash discounts are applicable. All accounts must be settled at the conclusion of the auction. We accept Cash, Checks, Certified Funds, Visa & MasterCard ONLY. If paying by credit card, you will be charged for your purchases, plus buyer's premiums, plus a 5% Credit Card Fee and any applicable taxes. NOTHING will be charged to your card until a purchase is made. Only Pickup bidders may pay by check or cash. Note: Checks may be processed the day of the auction; be sure to have adequate funds in your account. Each transaction necessary to collect insufficient funds will have a $25 fee imposed plus the liability of Default of Buyer below.

3. DEFAULT OF BUYER: Successful bidder not paying for items within 3 days of the date of the auction will be considered in default. Such default by the Successful Bidder will result in that Bidders liability to both the Seller and Aumann Auctions, Inc. Seller shall have the right to (a) declare this contractual agreement cancelled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the items either publicly or privately with Aumann Auctions, Inc. and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding/transporting/storage costs of the items, the expenses of both sales, legal and incidental damages of both the Seller and Aumann Auctions, Inc.

4. The buyer is responsible for arranging their own shipping arrangements through a third party provider. Aumann Auctions, Inc. does not provide a shipping service to buyers. Items purchased must be picked up by the shipper or the buyer the day of the scheduled and posted pickup date and time.

In addition, Aumann Auctions, Inc. also reserves the right to recover any damages separately from the breach of the Buyer. The purchaser agrees to pay all reasonable attorney fees and costs incurred by Aumann Auctions, Inc. in the collection of funds. The purchaser also agrees that a storage/handling fee of 2% per month be added to the balance of any unpaid balance due Aumann Auctions, Inc. and any other costs or losses incurred by the Buyers failure to adhere to these terms. Any debt collection or dispute proceedings will be litigated or arbitrated in Montgomery County, Illinois at the option of both the Seller and Aumann Auctions, Inc.

Both the Successful Bidder and Seller shall indemnify Aumann Auction, Inc. for and hold harmless Aumann Auctions, Inc. from any costs, losses, liabilities, or expenses, including attorney fees resulting from Aumann Auctions, Inc. being named as a party to any legal action resulting from either Bidders or Sellers failure to fulfill any obligations and undertakings as set forth in this contractual agreement.



MAXIMUM BID: When you bid your maximum bid, the current bid price does not automatically advance to your maximum bid. Another bidder has to bid to increase the current price and the computer will automatically bid up to your maximum in the increments specified.

AUCTION END TIMES: Aumann Auctions, Inc. online only auctions are timed events and all bidding will close at specified time. However, our auctions also have an 'Auto Extend' feature. Any bid placed on any lot within the final 5 minutes of an auction results in all lots in the auction automatically extending 5 additional minutes. The bidding will extend in 5 minute increments on all lots from the time the last bid is placed until there are no more bids, and all lots sit idle for 5 minutes. Therefore, the auction will not close until all bidding parties are satisfied and no one can be outbid at the last seconds without having another opportunity to bid again.

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

CONDUCT OF THE AUCTION: Conduct of the auction and increments of bidding are at the direction and discretion of Aumann Auctions, Inc. Aumann Auctions, Inc. reserves the right to reject any and all bids for any reason and also reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding. All decisions of Aumann Auctions are final.

Conducted By

Aumann Auctions, Inc.

1-888-282-8648

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