All bidding and payments are in US Dollars. All funds are to be made payable(personal or corporate check, cashier check, or money order are all acceptable) to STEERBIDDER, 308 Ilion Ave, Chariton, IA 50049; contact Ashlynn Rosa, 515-360-3229, to confirm payment arrangements. Full payment must be received before any lots can leave the property. YOUR CREDIT CARD USED TO REGISTER WILL NOT BE AUTOMATICALLY CHARGED. YOU ARE GIVEN THE OPTION TO SEND PAYMENT. If paying via PAYPAL, an additional 3% processing fee must be applied. Transportation/Shipping costs will be in addition to sale price and will be coordinated with the sellers.

Payment and/or payment arrangements must be coordinated within 1 week of the sale date. Credit card payments will be assessed a 3% fee.

INVOICING: An invoice with payment instructions will be sent to each buyer's registered email address within 24 hrs of the sale ending. If an invoice is not received, please call Ashlynn Rosa 515-360-3229.

DELIVERY OF PURCHASES AND FEES: Each buyer is responsible to coordinate delivery OR shipping and buyer is to cover all cost of shipping. Purchases may be picked up after full payment is received.

CONDITIONS: Any person placing bids on items in this auction agrees to these terms and conditions and understands that, by placing bids, they are entering into a binding contract between themselves and the seller(s) and that they will be held financially responsible for their actions.

Placing a bid is a binding contract between you and the Owner/Seller, and the bid cannot be retracted. Once a Bidder places a bid, and the bid is the high/winning bid, the Bidder will be obligated to buy the lot at the said price indicated. Placing a bid on this online auction site, and winning, then not paying for the lot is illegal in most states, and prosecution can result.

The Owner/Seller of property sold through this online auction site reserves the right to reject any and all bids.

As a Bidder, you are responsible for any bids placed by you or a designated representative under your bidding number and password. The security of your Bidder information is your sole responsibility and the Bidder will be responsible for any and all bids placed under the assigned number. If, at any time, you feel that your Bidder number and password have been compromised you must notify Auctioneer immediately.

Bidders agree that when using the Maximum Bid feature on our online auction web site they will use it according to the terms and conditions applicable to that feature. Please note that when using the Maximum Bid feature, if you are the current high Bidder and you want to change your Maximum Bid, you will be required to place a new bid in the increment designated for that lot in order to raise your Maximum Bid, which may cause you to raise your last high bid by one bid increment. You, as a Bidder, understand and agree to how the Maximum Bid feature works if you choose to use it.

BID RETRACTIONS: There are no bid retractions. ALL BIDS ARE NON-CANCELLABLE ONCE SUBMITTED. Once a bid is made and confirmed, it cannot be retracted. When a bid is made you manifest your intent and ability to buy the lot at the bid price. A false or fraudulent bid may result in legal action. Any winning Bidder who refuses to purchase the lot may be banned from all future online auctions.

Despite efforts to avoid the withdrawal of lots from the auction sale after they are listed, it may sometimes be necessary to withdraw lots, therefore, the Owner/Seller reserves the right to do so at any time before or during the sale.

ADDITIONAL INFORMATION

HORSE RACE STYLE CLOSING FORMAT FOR THIS SALE! WHEN TIME EXPIRES, ALL LOTS ARE DECLARED SOLD!

ORIGINAL ENDING TIME: 8 PM CST WITH EXTENDED BIDDING TO FOLLOW. EXTENDED BIDDING WILL CONTINUE UNTIL THERE IS NO BIDDING FOR 4 MINUTES.

With this option, all lots will close simultaneously. A few benefits to this style of auction - Buyer has the CHOICE to switch to any lot in the offering if he is outbid on his current choice; buyer does not have to deal with the "seller's order" of sale because all lots are offered and bid on simultaneously; and the buyer has true choices and more time to make decisions.

Extended Bidding means that the auction is not declared closed until there have been FOUR minutes of inactivity on this sale. If there is any bidding during the inactivity period, the auction is extended until there is no bidding for FOUR minutes during the inactivity period. You can always check the time remaining, the information appears under each lot. For this sale, the extended bidding period is 4 minutes.

**Example 1: Auction closes at 6 PM. There is no bidding from 5:56 PM to 6 PM. All lots are declared closed and the sale ends at 6 PM.

**Example 2: Auction closes at 6 PM. There is a bid placed at 5:57 PM. Auction is extended by 4 minutes. No more bidding occurs. All lots are declared closed and the sale ends at 6:01 PM.

**Example 3: Auction closes at 6 PM. There is a bid placed at 5:57 PM. Auction is extended by 4 minutes until 6:01 PM. Another bid is placed at 6:00 PM. No more bids are placed. All lots are declared closed and the sale ends at 6:04 PM.

Bidding can be done here online. For assistance with your online bidding call Ashlynn Rosa 515-360-3229 or Chris Rosa 641-203-1686.

To Bid: click on ALL ITEMS above after the catalog is posted, scroll to the lot you want to place a bid and/or max bid on, place a bid, then scroll to the bottom of the page and insert your bidder number and password and follow the screens and finalize your bids.

Maximum bidding is a feature you may use during the duration of the auction. This allows you to place a private maximum bid that only you will know and allow the computer to bid on your behalf when another bidder places a bid on the same lot you were seeking.

All lots are sold as is. Bidder understands that all lots were available for viewing prior to the online auction sale, Steerbidder and owner/seller strongly encourage bidder to carefully inspect each lot in which bidder has any interest. It is at the bidders discretion to inspect and/or review all information provided to make an informed choice regarding purchase. Failure to inspect, or otherwise be fully informed as to the nature, quality, condition, quantity and size of the lot, will not be grounds for any claim, adjustment, refund, termination of the contract for sale. Animals are sold as is with no implied guarantee of soundness, disposition, fertility, etc.

SMITH CATTLE COMPANY FC 12/28/24