The property in today's sale will be offered by PBR as agent for the Consigner according to the following terms and conditions.

1. Identification - All purchasers are required to have a bidder Number to bid giving full name and address.

2. All property is sold "As Is" and all sale are final. Property is open to thorough public inspection and is the bidder's responsibility to determine condition, etc.

3. Though all description and commentary are believed to be correct, neither PBR or Consigner makes any warranties or representations of any kind with respect to the property, and in no event shall be held responsible for having made or implied any warranty of description, genuineness, authorship, attribution, provenance, period, culture, source, origin, condition, etc.

4. A bid by any person shall be conclusive proof that the person has made himself acquainted with these conditions of sale and has agreed to be bound by them.

5. The buyer shall be the highest bidder. Should a tie or dispute arise between two bidders, the auctioneer may, at his discretion, re-open the bidding between the high bidders until property is sold.

6. To maintain the continuity of the sale, it shall be the duty of the auctioneer to advance the bidding at his own discretion and may reject a normal or fractional advance, should it, in his estimation, prove injurious to the sale.

7. In the case upon which there may be a reserve price, the auctioneer shall have the right to bid on behalf of the Consignor, or Consignor may wish to bid personally, or by Agent. However in all cases, full commissions are due and payable to PBR without distinction or preference shown to such Consignor or Agent should he become the successful bidder.

8. Time of payment - All bids must be paid in full before leaving the premises on the day of sale.

9. Prior to removal of purchases, payment must be made in cash, or by other means as announced by the auctioneer before the sale. Unless exempt by law, the purchaser shall pay and all applicable taxes.

10. Upon the fall of the auctioneer's hammer, and/or when the auctioneer say "sold", title on the property shall pass to the highest bidder, who there upon assumes full risk and responsibility. All property shall be removed from the premises by the purchaser at his own risk and expense within the time period announced by the auctioneer, and if not so removed, may be sent by PBR to storage facility, for the account, risk, and expense of the purchaser.

11. PBR shall, as a courtesy, undertake to make execution bids for responsible parties in their absence, yet reserves the right to decline to do so and in no case shall be responsible for failure to do so. Please leave payment in amount of bid with accompanying name and address. The difference between the sale price and the bid, or the whole payment, if the bid fails, it will be returned at once. Removal of merchandise shall be accordance with other conditions listed herein.

12. PBR reserves the right to withdraw any item before or during the sale.

13. Neither Auctioneer nor Consignor shall be liable for any personal injury on the premises where sale shall be held.

14. If the foregoing conditions or any other applicable conditions listed herein are not complied with, in addition to other remedies available to PBR and the Consignor by law, including, without limitations, the right to hold the purchaser liable for the bid price, the auctioneer, at his option, may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser or (b) re-sell the property publicly or privately, and in such event the purchaser shall be liable for payment of any deficiency plus all costs, including storage, the expenses of both sales, PBR commissions at its regular rate and all other charges due here under, and incidental damages.

15. Removal - Removal shall be at the expense, liability, and risk of the purchaser. Purchaser will be delivered only on presentation of paid bill. PBR shall not be responsible for goods not removed within the time specified, and shall have the option of removing and storing at the expense and risk of the purchaser and article purchased , but not paid for and removed within the specified time. non-delivery responsibility PBR shall not in any event, be liable for non-delivery or for any other matter or thin, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said It, should the purchaser be entitled to it.

16. Claims - No claims will be allowed after goods are removed from the premises.

17. All verbal announcements take precedence at time of sale.