Lot-Packaged Drills in (1) Box

Terms & Conditions:

-There is a 18% Buyer’s Premium applied to on-line bidders who purchase at this sale.

-NOTICE: ALL BIDDERS AND OTHER PERSONS BIDDING AT THIS SALE AGREE THAT THEY HAVE READ AND HAVE FULL KNOWLEDGE OF THESE TERMS AND AGREE TO BE BOUND THEREOF!

-IDENTIFICATION - All purchasers are required to give their full name, company name, permanent address (NO PO BOXES WILL BE APPROVED), phone number and signature.

-TERMS: The buyer does hereby assume and does agree to indemnify and hold the auctioneer and seller harmless from any future claim which shall pertain to the fitness or use of the asset as being purchased.

REMOVAL - No lot can, on any account, be removed during the auction sale. Removal is at the expense, risk and liability of the purchaser. Purchases will be released only upon presentation of paid bill. The auctioneer will not be responsible for items not removed within the time allowed, but does have the option to remove and store, at the risk and expense of the purchaser, any article purchased but not paid for and removed within the time limit mentioned earlier. It is the responsibility of the buyer to completely remove any article purchased by him and should any part of any such article be abandoned, the buyer will be liable for any expense involved in its removal.

Removal will begin WEDNESDAY October 30-November 1, 8am to 4 pm, Monday-Friday-November 4-15, 8am-4pm

Inspection BY APPOINTMENT ONLY, Call to Schedule an Inspection

MANNER OF PAYMENT – All bills must be paid immediately after the end of the sale (Receiving your winning notice/invoice from Bidspotter). We will accept your company check under the following conditions a.) The check is certified at time the of purchase b.) You submit a letter from your bank at time of purchase, guaranteeing unqualified payment of your check. All checks for balances due are to be made payable to the order of: LEE STEVENS MACHINERY INC.. All checks are to be cashiers or certified funds, Company checks with a Bank Guarantee, NO PERSONAL CHECKS WILL BE ACCEPTED!

Lee Stevens Machinery ACH/Wire Transfer information will be on your winner notification.

The full purchase price, on all lots purchased, must be paid prior to the removal of any of the lots.

Cash is Accepted at Checkout

-EXAMPLE BELOW:

Please show this letter to your bank.

To: Lee Stevens Machinery, Inc. Wixom, Mi

Mr. (Customer Name) of (Company Name) is a customer at this bank. This bank will guarantee irrevocable, unqualified payment for full face value stated on this letter to Lee Stevens Machinery for checks drawn on (account number) for an amount up to $_____.00. This letter is Valid for seven (7) days and for the (Name of Auction) ONLY.