Absolute Online Auction Farm Machinery and Personal Property

ABSOLUTE ONLINE AUCTION

TRUCK, FARM MACHINERY AND PERSONAL PROPERTY

BIDDING ENDS JANUARY 6, 2014 AT APPROXIMATELY 2:00 P.M.

DIRECTIONS:   From Interstate 75 Exit 29 in Corbin, KY follow Highway 25E South 1 mile and turn left (North) onto Hwy 3431 / American Greeting Road.  Proceed 1/10 mile and turn left (East) onto Highway 1223 / Dorthae Road and proceed 1/2 mile to property on left.

TERMS

BUYER'S PREMIUM:  There will be a 10% Buyer’s Premium added to the winning bid.  The sum of the winning bid plus the buyer’s premium will be the sales price.

PREVIEW – MONDAY, December 30, 2013, from 4:00 p.m. until 6:00 p.m.

 Pickup/Pay Date:  Wednesday, January 8,  2014 – 12:00 noon until 6:00 p.m.

AUCTION END TIMES:

Ford Brothers, Inc.  On line Auctions are timed events and all bidding will close at specified time. Ford Brothers, Inc.  On line Auctions also have an auto extend feature.  If a bid is placed in the final 5 minutes of an auction, the close of the auction will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:05.The auto extend feature remains active until no further bids are received within a 5 minute time frame.

REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING

All property is sold in “AS IS” and “WHERE IS” condition.  ALL SALES ARE FINAL!  Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed.  Property is available for inspection at specified times and it is the bidder's responsibility to determine condition.  Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, charge back, etc.

All description information has been gathered from sources which we believe to be reliable but are not guaranteed.  Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc.  Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.

PAYMENT:  Payment will be due in full Wednesday, January 8, 2014 from  12:00 noon until 6:00 p.m.    You may pay for your items at time of pick up at the auction site.  Accepted methods of payment are cash, cashier's check or personal/business check, Visa, Mastercard (with a 3% credit card processing fee) or wire transfer.    Personal and business checks will be verified for sufficient funds before items are removed from the auction site.     All fees incurred by wired transfers will be paid by the purchaser.  All purchases that have not been paid by Tuesday, January 7th by 6:00 p.m. will automatically be charged to the credit card used at registration, with a 3% processing fee (minimum processing fee of $3).

PICK UP AND SHIPPING:   Items are to be picked up on Wednesday, January 8th from 12:00 noon until 6:00 p.m. at 2890 East Hwy 1223 / Dorthae Road, Corbin, Ky.

    Ford Brothers, Inc. absolutely DOES NOT provide shipping, shipping preparation or transportation services for any items.  Removal of items, moving, packaging, loading, transporting, shipping and shipping preparation are the sole responsibility of the purchaser.

 Any items not removed by the deadline will, at Auctioneer's discretion, be discarded or resold with proceeds retained by Auctioneer.  There will be NO REFUND to the purchaser for these forfeited items.

There will be no loading equipment at sites.  It is the responsibility of the buyer to make their own loading arrangements.

SALES TAX:  Kentucky Sales Tax (6%) will be added to the sale price.  Dealers or other exempt parties must provide proper documentation to Auctioneer before bidding.

SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.

Any dispute between Ford Brothers, Inc, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Laurel County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.

Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

Ford Brothers, Inc., reserves the right to alter this agreement at any time.  This will take place by updating this site.  Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.

Auction company employees and/or auction company may bid on and purchase auction items.

BIDDER DEFAULT:   Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Ford Brothers and all other Marknet auctions.

If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify Auctioneer immediately.

For additional information, contact Ford Brothers, Inc. Auctioneers - Realtors at 1-800-526-1637.

TIME IS OF THE ESSENCE in regard to all auction terms.