1. Rothrock Auction LLC, hereafter referred to as the "Auction Company", is an agent for the sellers. Bidders will be referred to as "You", "Bidders", and "Bidder". Successful bidder is referred to as "Buyer".

1.1 LETTER OF PRE-APPROVAL / BANK LETTER OF CREDIT: Before your registration and bidding is approved, you may be required to provide the Auction Company with a bank letter of credit or pre-approval. If a letter is required, you will be contacted by the Auction Company for this information. Your bank letter of credit or pre-approval can be emailed to rothrockauction@gmail.com.

2. The winning bidder will provide a 10% deposit as a non-refundable down payment in the form of a personal check, cashier's check, or wire transfer payable to "Rothrock Auction LLC R/E Escrow" no later than 24 business hours from the close of this auction. The buyer and seller agree to enter into a purchase agreement following the auction by signature.

3. A 3% buyer's premium is added to the final bid amount to establish the final selling price. This real estate is sold with reserve, the final say being given to the seller.

4. The Auction Company is not responsible for incorrect or missing listing information. The Auction Company has attempted to provide accurate information. However, it is the bidder's responsibility to conduct any inspection to determine condition. Bidders should complete their own due diligence prior to bidding.

5. A winning bidder is required to sign a real estate purchase agreement with in 24 business hours of the completion of the auction.

6. The seller will pay the Seller's portion of the closing fee and document prep fee per standard Illinois real estate transaction practice. The buyer will pay the buyer's portion of the closing fee and the document prep fee. The seller will pay no closing cost for the buyer, including any lender fee's, unless otherwise agreed to in the contract for the sale of real estate.

7. The buyer acknowledges here in that the property is being sold "As Is" with all faults, and neither the seller nor the Auction Company make any warranties or representations, expressed or implied, as to the conditions, square footage, acreage or boundary lines of the real property conveyed herein.

8. The Auction Company reserves the right to reject any, and all bids for any reason. The Auction Company reserves the right to cancel this auction or remove any lot prior to the close of bidding.

9. All bids are subject to seller confirmation unless noted "Absolute".

10. This property is subject to any and all easements and restrictions of record. The property is subject to all state and local zoning ordinances.

11. Buyer will be given a General Warranty Deed unless otherwise noted.

12. Possession is recieved upon closing. Closing will take place within 45 days following the auction.

13. Property taxes are prorated through the day of closing.

14. The identity of all bidders will be verified. If a complete verification is not possible, the bidder and the bidding activity will be terminated.

15. All bidders must be 18 years of age or older. You agree all information you provide during the registration process will be true and accurate.

16. You agree that if any of the information associated with your bid number changes at any time prior to, during, or after the auction, you will notify us of the change. You can call us at 618-442-5257 or send us an email at rothrockauction@gmail.com.

17. Due diligence is the responsibility of the bidder/buyer. Printed statements or descriptions by staff are provided in good faith and are matters of opinion.

18. The Auction Company reserves the right to accept bids in any increment in the best interest of the Seller. The Auction Company reserves the right to reject the bidding of any person whose conduct, actions, or adverse comments is not in the best interest of the Seller(s).

19. You agree that the auctioneer will be the sole authority regarding the identification of the winning bidder. The auctioneer will be the final judge of disputes.

20. This auction is subject to a soft close or bid extension.

21. Any claim or controversy out of or relating to the Terms & Conditions, or to any breach thereof, will be settled either (1) Richland County, Illinois' Small Claims Court if the claim in questions amounts to less than $10,000 or (2) by means of arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association if the claim in question amount to more than $10,000. You agree that all claims will be litigated or arbitrated on an individual basis and will not be consolidated with any made by another party. Venue in every case will be in Richland County, Illinois. You agree that judgements awarded will be applied to and collected from you personally or corporately. Should any party file an article contrary to this paragraph, the counterparty may recover reasonable legal fees and costs. Further, if you bring a claim against the Auctioneer and do not prevail, you agree to reimburse the Auctioneer for all legal fees.

22. The Auction Company assumes no liability for site malfunction. You understand that this auction is online-only and relies on devices and programs that may malfunction without warning. You agree that the Auction Company will not be liable for any error or inconvenience that may be the result of such a malfunction.

23. The seller's interest mineral rights are transferred to the buyer, whatever that may be. It is a bidder's responsiblity to research mineral rights. The Auction Company nor the Seller make any guarantees to mineral rights with the property.

The Wabash Valley Service Company is offering this 7 +/- acres for auction. This location has approx. 2.5 acres of gravel, a 40' x 60' pole barn building with concrete floors and overhead heat, and a 24' x 32' office building with a functional restroom and ample office space. There are several concrete pads and a scale. The property is set up with water, sewer, single-phase power, and 3-phase power. The property can be accessed by IL State Route 1 and IL State Route 142, a prime commercial location.