REAL ESTATE SALE TERMS AND CONDITIONS YARYAN Orchard, September 30, 2020. DaweCo Machinery LLC dba DaweCo Auctions, henceforth called DaweCo Auctions or DaweCo; 1. CONDITIONS OF SALE: The terms and conditions for this sale are set forth in the Purchase and Sale Agreements which will be executed by successful bidders upon the close of the Auction. Copies of the Purchase and Sale Agreements are available for inspection prior to this event by contacting: Shauna Johnson Phone: (509) 868-9382 Email: shauna.johnson@exprealty.com 2. AUCTION PROCEDURE: Auctioning as three (3) separate lots for each parcel and as one (1) lot for all 3 parcels. All High or winning bids will be subject to sellers' approval. All bidding will be done through online bidding with a soft or dynamic auction close, which may extend the auction closing time. 3. BIDDER REGISTRATION REQUIREMENTS: This Auction is for registered bidders. ALL BIDDERS, must provide sufficient evidence to the Seller and Broker that they have adequate funds and/or financing to close on the offered property. Bidders must register their name, address, and telephone number with DaweCo Auctions, providing photo I.D. (i.e. driver's license); and $10,000 bidder deposit, in cashier's check(s) made payable to DaweCo Auctions. (All checks except for the successful bidder(s) will be returned within 10 Days.) The Seller, Auction Company and/or Broker reserve the right to refuse admittance to or expel anyone from the premises for interference with auction activities, nuisance, canvassing or any other reasons. 4. TERMS: 6% buyers premium will be added to the bid amount as the purchase price. Cash at closing October 15, 2020. 5. EARNEST MONEY: At the conclusion of the auction the high bidder will be required to sign Purchase and Sale Agreement and deposit with Robert S Delaney PLLC 3132 E 18th Ave Spokane, WA 99223 as an initial earnest money deposit, a sum equal to ten percent (10%) of the Sale Price for the property. The bidder deposit will be credited against the purchaser's Earnest Money Deposit obligation under the Purchase & Sale Agreement. Broker will accept bank wire, certified check or pre-approved personal or business checks with bank letter of guarantee as payment of the earnest money deposit. 6. RIGHT TO ACCEPT OR REJECT: This property is being offered for sale subject to Seller acceptance. In order to become the winning bidder for the Property, a bidder must meet or exceed an undisclosed price acceptable to the Seller, have the highest bid, and such bid must be accepted by the Seller. The Seller may withdraw a Property at any time prior to the announcement of the completion of the sale by the Auctioneer. Auctioneer is not acting as an agent for any bidder in any capacity and is acting exclusively as the Seller's auction agent. Seller reserves the right to accept or reject any and all offers for any reason, however, the sole purpose of this auction is to sell the properties. Please come prepared to purchase at the auction. 7. PROPERTY INFORMATION: Property information such Preliminary Title Report, Plat Maps, Law of Real Estate Agency and other property specific information may be available by contacting Shauna Johnson Phone: (509) 868-9382 Email: shauna.johnson@exprealty.com. 8. CONFIRMATION OF BID: ONLINE AUCTION. Your Bid is your acceptance. Following Auction Close and Seller Confirmation of Acceptance. Successful bidders will be required to compete Purchase Agreement. 9. EARLY POSSESSION: Any request for early possession requires an earnest money deposit increase of $100,000 prior to possession of the Property by the Purchaser. 10. LEASE: There are no current leases on the property. 11. PERSONAL PROPERTY: The sale of this property includes no personal property all personal property including Orchard Equipment and Estate items will be sold through online Auction. 12. CLASSIFICATION: The tax roll indicates that this tract has been designated as Farm & Agricultural land pursuant to RCW 84.34. A sale of said land or removal of the designation for other reasons may subject the land to the lien of an additional tax and penalty. NOTE: In the event that the classification is to continue, and to expedite the closing of the contemplated transaction, the purchaser hereunder may be required to submit to Spokane County Assessor, a farm management plan for approval and a copy of such approval be submitted to Escrow prior to the date of closing. Failure to do so may cause delays in the closing process. 13. ENVIRONMENTAL DISCLAIMER: Seller and DaweCo Auctions do not warrant or covenant with Buyer(s) with respect to the existence or nonexistence of any pollutants, contaminants, or hazardous waste prohibited by federal, state or local law or claims based thereon arising out of the actual or threatened discharge, release, disposal, seepage, migration or escape of such substances at, from or into the demised premises. Buyer is to rely upon its own environmental audit or examination of the premises. 14. CLOSING: The sale transactions must close October 15, 2020 unless extended in writing by the Seller with possession transferring at closing. Sales will be closed by Robert Delaney PLLC 3132 E 18th Ave Spokane, WA 99223. 15. CLOSING COSTS AND PRORATIONS: Purchaser of the property shall pay 50% of closing costs associated with the transaction (see purchase and sale agreement for details). 2020 real estate taxes will be prorated at closing. 16. ADDITIONAL TERMS AND CONDITIONS: All dimensions and descriptions are approximations only based on the best information available and are subject to possible variation. Bidders should inspect the property and also review all of the pertinent documents and information available from DaweCo Auctions as each bidder is responsible for evaluating the property and shall not rely upon the Seller or DaweCo Auctions. The Seller, DaweCo Auctions or their agents assume no liability for errors or omissions. The property herein is being sold subject to federal, state and county laws, ordinances and regulations which may affect the property and its use, including all conditions, restrictions and limitations and other matters of record. The property is being sold on an "AS IS, WHERE IS" basis and without any warranties or representations, expressed or implied. No claim will be considered for allowance, adjustment or rescission based upon failure of the property to correspond to any particular standard or exception. Broker, at his sole discretion, reserves the right to accept a personal check from a pre-qualified bidder in-lieu of a cashier's check. Seller and/or DaweCo Auctions have the right to postpone or cancel the auction, in whole or in part, to add or delete properties, at their sole discretion, and to modify or add any terms and conditions of sale and to announce such modifications or additional terms and conditions either prior to or at the auction. Announcements made at the auction will take precedence over printed matter. 17. AGENCY DISCLOSURE: DaweCo Auctions is representing the Seller and will be paid by the Seller. Each purchaser will be required to acknowledge such agency. 18. SELLER'S PERFORMANCE: The seller has agreed to the terms of the sale as published. However, the Broker makes no warranties or guarantees as to the Seller's performance. All properties are being offered for sale to qualified purchasers without regard to the prospective purchaser's sex, race, color, religion or national origin. 19. FAILURE TO CLOSE: In the event that the successful bidder fails to close for any reason, the Earnest Money shall be non-refundable and Seller shall have default rights as set forth in the Purchase and Sale Agreement. 20. CHATTEL PROPERTY: This sale of real estate does not include any chattel property. 21. INDEMNITY AND RELEASE OF ALL CLAIMS: Buyer(s) will release and fully indemnify Seller against any and all claims resulting out of the possession, occupancy, or control of the property after the Buyer takes possession of the property. 22. LEGAL DESCRIPTION: Auction Tract is being sold by legal description, not acres. INFORMATION: Information was gathered from reliable sources and is believed to be correct as of the date this material is published, however, this information has not been independently verified by sellers or auctioneers. Its accuracy is not warranted in any way. There is no obligation on the part of Sellers or Auctioneer to update this information. ALL ANNOUNCEMENTS MADE AT THE AUCTION TAKE PRECEDENCE OVER ALL ADVERTISING. The sellers do not have any liabilities whatsoever for any oral or written representations, warranties or agreements relating to the property except as expressly set forth in the Auction Sale Agreement. There is no obligation on the part of the Sellers to accept any backup bids in the event the high bid falls through. BY BIDDING, THE PURCHASER AGREES TO BE BOUND BY THE TERMS AND CONDITIONS HEREIN AND AS STATED IN THE PURCHASE AND SALE AGREEMENT. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, DaweCo Machinery LLC. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor DAWECO MACHINERY LLC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by DaweCo Machinery LLC.