I. Release and Indemnification:
By agreeing to the terms on this auction, the bidder hereby releases and indemnifies International Machinery Exchange, Benelact Dairy, Bidspotter.com and their officers, employees, principals and agents from any and all liability and claims whatsoever, in any way associated with visits to and inspections of real and personal property located at the auction site of Benelact Dairy, located at 2320 Renaissance Blvd. Sturtevant, WI 53177, International Machinery Exchange at 214 N. Main St.
Deerfield, WI 53531 or any other location where machinery
may be stored, by the undersigned or the undersign?s
officers, employees, principals or agents.

The undersigned understands that neither
International Machinery Exchange, nor Bidspotter.com is the
owner of Benelact Dairy and, as such, has no
responsibility nor liability with regard to the premises.
This release and indemnification shall continue to
be in effect for all visits of the undersigned, its
employees, principals or agents from this date through
December 30, 2012.

II. Buyer?s Premium:
The undersigned acknowledges that the auction is
subject to 15% Buyer?s Premium on all successful bids.
Payments by credit card will further be subject to an extra
5%. Purchasers from Wisconsin will be further responsible for a state sales tax of 5.10% unless a tax exempt status is established. Payment must be received by IME within 72
hours of receipt of invoice for successful purchases. Any
payments for winning bids not received by Nov. 15, 2012 may
be subject to sale cancellation and assessment of additional costs not less than the 15% Buyer's Premium.

III. Terms of Removal:
(1). PURCHASERS?S RISK: All purchases made at this
sale are at the purchaser?s risk as soon as the bidding
period ends, the product is announced as sold by
Bidspotter.com and the email invoice is sent. All machinery, equipment, merchandise and other items (the "Goods") are sold on an "AS IS/WHERE IS" basis. The Auctioneer and principal(s) shall have no liability for any loss or damage to the items for any reason whatever after the bidding period ends and the product is announced as sold. Removal will be supervised and no removal or shipping is allowed until invoices are paid in full.

(2). CLAIMS: No claims will be allowed after the
removal of goods from the sale of the premises.

(3). AUCTIONEER AND PRINCIPAL(S) LIABILITY: The
Auctioneer shall not, in any event, be liable for non-
delivery or for any other matter, to any purchaser of any
lot, other than for the return to the purchaser of the
deposit or sum paid on said lot, should the purchaser be
entitled thereto. Neither the Auctioneer nor its
principal(s) shall be held liable with respect to any item
sold in any greater amount than that paid by the purchaser
and, in all instances, the higher bid shall be accepted by
both the buyer and principal(s) as the value against which
all claims for loss or damage shall lie.

(4). All items may be subject to a pre-priced
loading cost. This is the cost for Loading/Removal and is
posted on the description for each lot. This cost covers the removal of the items and preparation for shipping. It does not cover any shipping costs. This extra loading cost WILL NOT be subject to the Buyer's Premium and will be invoiced separately from the winning bid notice. The seller will handle all invoicing, packaging and loading of sold items.

Skidding only is considered w/ loading fees, if additional
crating is needed further costs will apply and be specified. However, it is the buyer's responsibility to arrange for pickup/shipping. Contact Paul at 608-764-5481 or by email at p.nehring@imexchange.com prior to the auction for shipping estimates. International buyers can receive a proposal for container loading and transport to anywhere in world. Estimates for international buyers will be available by request anytime. Container loading may be subject to additional cost. Buyers will have up to 15
days to arrange for shipping. Payment by credit card of any
loading or shipping costs will be subject to a 5% fee, which will be added to the total.

(5). Removal of all items from their location and/or all shipping fees, shall be at the expense, risk and
liability of the purchaser. ALL REMOVAL WILL BE HANDLED BY
THE SITE APPROVED RIGGERS, BY ARRANGED SCHEDULE OR
APPOINTMENT ONLY. All shipments must be arranged for and
scheduled before Nov. 26, 2012, unless specific alternatives have been arranged. Certain hand carry items may be removed by buyer with scheduled appointment. No buyer or buyer's representative may load or remove any lot with a Loading Fee specified.

IV. Additional Information:
All registered bidders will be subject to approval
and will require a credit card for registration purposes.

Payment for all winning lots MUST be received within 72
hours of closing or the buyer will risk forfeiture of the
items. Credit Cards are accepted as payment, however any
credit card payments will be subject to a 5% fee as noted in the terms and conditions above.

V. Payment Terms:
Company checks are acceptable and must be made out to
"International Machinery Exchange". If successful bidders
would prefer to pay by wire transfer, please contact Elaine
at 608-764-5481 for wire transfer instructions. Payment
must be made within 72 hours of receipt of invoice.

VI. Catalog / Bidders List:
All items are listed with descriptions and photos,
Identified by Lot #(number). This catalog is a guide only.
The auctioneer believes each lot has been accurately
described, however, makes no warranty or guarantee,
expressed or implied, as to the accuracy of the information
in this catalog. Inspection is welcomed.