REAL ESTATE AUCTION

REAL ESTATE TERMS. 3% Buyer’s Premium $7,500 Down Due on day of Sale in cash, Certified Check or Cashier’s Check or check

acceptable by the undersigned, with a balance to be paid within 45 days. Time is of the essence. Credit portion to bear interest at

the rate of 0% per annum from the date of sale to date of settlement, and to be secured to the satisfaction of the undersigned, or to

pay the full purchase price at the time of sale, at the option of the purchaser. If not settled within 45 days interest shall be charged

at the rate of 6% per annum from the date of sale to the date of settlement. In the event settlement does not occur before 60 days,

the down payment shall be considered forfeited and the property will be resold at the expense and risk of the purchaser. The resale

of the property does not limit the seller to further avail themselves of any additional legal or equitable remedies resulting from the

failure to consummate the purchase. Time is of the essence All Title papers, documentary stamps, recording costs and any and all

other costs which shall be deemed necessary to transfer the title of the property shall be at the expense of the purchaser. The seller

will convey good and marketable title or such title as can be insured by a title insurance company licensed in the State of Maryland.

In the event the title insurance company charges a special premium, that cost shall be borne by the seller. In the event a good &

marketable title or special insured title cannot be delivered the seller(s) shall have 90 days from the date of notification from the

buyer to correct the flaw. If the flaw is not corrected the only recourse of the purchaser shall be the return of the down payment

and the seller and the auctioneer shall be held harmless. Any and all other cost of settlement and transfer of the title shall be paid

by the buyer. This property is being sold in “AS IS” condition. Neither the sellers nor the Auctioneer shall accept any responsibility

for any Municipal, State or Federal Environmental Violations, to our knowledge none exist at this time. The Seller makes no

warranty of any kind whatsoever regarding the physical condition, physical description or suitability for a particular or general

purpose, either expressed or implied. The Seller may reject any and all bids, however, it is the intent of the Seller to sell said

property. The auctioneer reserves the right to deny a specific individual or group the right to bid. All information in this ad has

been obtained from sources deemed to be reliable. However, neither the sellers nor the auctioneer accept any responsibility for any

inaccuracies. The Buyer will be required to sign a contract of sale. The amount of the contract shall be for the bid price plus the

buyer’s premium. This amount will become the purchase price. The buyer shall also be required to sign a confessed judgment note

for the amount of the purchase price less the down payment. The contract and note shall be signed personally by the Buyer, unless

the Seller and Auctioneer agree to a different arrangement prior to the sale. The Buyer may sign the contract note personally as

well as Corporately, LLC or Partners. Each entity shall be responsible for the full amount of the debt. Purchasers may reassign the

contract, however, reassignment does not release them from liability.