FAB EQUIPMENT BANK FORECLOSURE AUCTION

by Block Auction Company

Feb 28, 2012 11am CT (5pm GMT) Live Webcast Auction

Important Information

Terms and Conditions

BLOCK AUCTION TERMS AND CONDITION OF THE SALE: These terms are subject to amendments and modifications announced by the Auctioneer at the time of the auction. Any person participating in the auction shall be bound by the following terms and conditions. The Auctioneer does not warrant the accuracy, genuineness, authenticity, description, weight, count or measure of any listings specified herein.

All bidders must register immediately upon entering the site. Everything will be sold to the highest bidder or bidders for cash in accordance with the Auctioneer?s Terms and Conditions. Payment in full is required by 03/01/2012 at 3:00 PM CENTRAL STANDARD TIME. No pick-up of merchandise shall be made until items have been paid for. All payments may be made by cash, certified check, company check with a bank letter of authorization guaranteeing irrevocable payment to Block Auction, or major credit card. There will be a 5% convience fee charged for all credit card usage.

International Buyers - a 25% deposit of your expected purchases must be received no less than 24hrs. prior to auction.

A 10% Buyer's Premium will apply for ALL Sales. All sales are final, on an ?As is?, ?Where is?, ?In Place?, ?With all faults? basis with no conditions or warranties, whether expressed, implied, statutory or otherwise, including without limitation, warranties or conditions as to title, description, fitness for purpose, quantity, merchantability, state conditions, location or otherwise. By submitting a bid, the buyer/bidder affirms he has inspected all items before bidding. Purchasers shall be deemed to have relied entirely upon their own inspection and investigations.

Removal of Paid Equipment must be complete by 03/02/2012. If needed special arrangment for removal can be made by contacting Paul Colvin Jr. @ 479-790-5513