TERMS & CONDITIONS
AUGUST 8, 2013
SUBJECT TO AUTO EXTEND BIDDING FEATURE
EQUIPMENT AUCTION LIQUIDATION OF TRI-CHEK SEEDS BANKRUPTCY CASE NUMBER 12-11409 STEVE WALLACE, TRUSTEE
1754 NORWELL DRIVE AUGUSTA, GA
Friday, July 26th from 11:00AM-4:00PM Friday, August 2nd from 11:00AM-4:00PM
Personal Property Bidding Increments
Range Minimum Range Maximum Increment
$10.00 $20.00 $2.00
$20.00 $100.00 $5.00
$100.00 $500.00 $10.00
$500.00 $1,000.00 $25.00
$1,000.00 $2,000.00 $50.00
$2,000.00 $5,000.00 $100.00
$5,000.00 $10,000.00 $250.00
$10,000.00 $50,000.00 $500.00
All items sell “as is, where is” with no guarantees or warranties express or implied. All purchases are considered verified by the purchaser as to grade and authenticity. The purchaser will rely solely on his/her judgment in any purchase.
Payment: The successful Purchaser(s) will make payment in full at the close of the auction in the form of cash, cashier’s check, credit card, money order or wire transfer. A 10% Buyer’s Premium will be added to the bid price to obtain the contract price. Sales tax of 8% will be charged on all applicable purchases.
Dealers buying for resale may be exempt from paying sales tax if the dealer provides their sale tax resale number and executes the sale tax exemption form.
Possession of the personal property will be granted upon final payment. NO EXCEPTIONS.
Auction End Times: All Rowell Auctions, Inc. Online Real Estate Auctions are timed events.
Example: Rowell Auctions, Inc. Online Only Auctions have an auto extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 10:00 a.m. receives a bid at 9:59 a.m., the close time of the auction automatically extends to 10:04 a.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. Rowell Auctions reserves the right to adjust the auto extension time period.
Auction bid ending time is subject to automatic extend feature.
Buyer’s Premium: A 10% Buyer’s Premium will be added to the bid price to determine the final sales price.
Buyer’s Premium Example: Bid Price: $10,000.00 Plus 10% Buyer’s Premium: $1,000.00 Sales Tax: 8% $880.00 Total Sales Price: $11,880.00
Personal Property Purchase Retrieval: All items are available for retrieval as follows:
Retrieval Location: 1754 Norwell Drive
Retrieval Times: August 12, 2013 9:00AM-5:00PM August 13, 2013 9:00AM-5:00PM August 14, 2013 9:00AM-5:00PM
If you are unable to retrieve on these dates please schedule an appointment to retrieve items by calling Mark Manley or Forrest Horne at (229) 985-8388.
Shipping: Items are available for retrieval as listed above. If a purchaser wishes to have items shipped, all packing and shipping charges will be at the purchaser’s expense. (Onsite retrieval encouraged)
In order to retrieve purchases, a paid invoice must be presented at pickup location by purchaser or their representative. NO EXCEPTIONS.
ADDITIONAL AUCTION TERMS
Rowell Auctions, Inc. reserves the right to use Lots 2 and 3 (Caterpillar Model GC25K Forklifts) for load out purposes. These items will be available for retrieval August 16, 2013 at 12:00PM. Lots 25-46 (warehouse shelving) will not be available for retrieval until August 14, 2013 at 12:00PM.
Rowell Auctions reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller.
All items are subject to prior sale or removal from the auction.
Inventory counts are not guaranteed. While every effort has been made to provide an accurate count for each offering, actual quantities may vary slightly. All items are sold by the lot not by the count. (Onsite inspection is highly recommended before bidding)
On identical items offered in multiple lots, the photos used for advertising purposes are representative in nature and may not be the actual lot. (Onsite inspection is highly recommended before bidding)
Various lots have damage attributed to rodents as would be common in a warehouse facility without active periodic extermination services. All items sell “As-Is.”(Onsite inspection is highly recommended)
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as buyer’s agent.
Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold 'AS IS' with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
THANK YOU FOR ATTENDING OUR AUCTION!
In Augusta on Interstate 20 take exit 199 (Washington Road). Travel South on Washington Road for 2.6 miles. Continue on John C. Calhoun Expressway 2.6 miles to 12th Street. Turn right onto 12th Street and travel 8/10 miles to Laney Walker Blvd. Turn left onto Laney Walker Blvd and travel 9/10 miles to Arthern Road. Bear right onto Arthern Road and take the first right onto Nowell Drive. The auction site is on the right. Watch for Auction Signs!