Sealed Bid Auction Package

Sealed Bidder Package

Helping Sellers Meet Buyers Since 1957

LOUISIANA AUCTIONEERS ASSN., INC.

LAA

SEALED BID AUCTION J.A.H. ENTERPIRSES dba HENDERSON AUCTIONS

BID AGREEMENT NAME: ___________________________________________________________________________ BUSINESS NAME: __________________________________________________________________ MAILING ADDRESS: ________________________________________________________________ CITY_____________________________________STATE________________ ZIP CODE: _________ HOME: _______________________ WORK: ____________________ CELL: __________________ DRIVERS LICENSE: ______________________________ SOCIAL SECURITY OR EIN#: ____________________________ Henderson Auctions is accepting sealed bids for the real estate and moveable assets at the New Village Institute, Blairsville, Pennsylvania until Friday, July 26 at 2:00pm CST. Any bids arriving after this deadline will not be accepted. Please refer to www.hendersonauctions.com for detailed information on the real estate and moveable assets. The sealed bid must include earnest funds of $100,000 to be considered. Payment must be in the form of a certified check made payable to Henderson Auctions. If an acceptable bid in the sealed bid auction is received and accepted by the seller, the 5-day online only auction will not proceed. The accepted sealed bid will be notified by Monday, July 29, 2024, at 3:00pm CST. The winning bidder is required to send 10% of the sealed bid amount via certified funds by August 1, 2024 (made payable to Henderson Auctions) The $100,000 earnest funds and 10% down payment will be applied to the purchase price at closing. If the 10% down payment is not received by the deadline of Thursday, August 1, 2024, the online only auction will go live on Monday, August 5, 2024. Non-winning bidders in sealed bid auctions will receive their funds within five business days. Successful Bidder/Buyer will be required to close on the real estate and moveable assets by December 2, 2024. Buyer will designate an acceptable closing agent within 10 days of notice of award. If Buyer fails to designate a closing agent, Seller may elect to designate the closing agent. Buyer and Seller will each pay his traditionally assigned share of the closing costs. The sealed bid is to be sent to Henderson Auctions, ATTN: NVI SEALED BID, 13340 Florida Blvd., Livingston, LA 70754. The sealed bid is to include all forms completed and signed along with earnest funds of $100,000. I certify that I have read this sealed bid auction document carefully and agree to abide by all the terms and conditions contained or referenced herein: Name: _____________________________ __________________________________________ (Buyer) (Print address above) Telephone #: _________________ Email: ________________________ Date: _______________ Signature: _________________________________________

SEALED BID AUCTION J.A.H. ENTERPIRSES dba HENDERSON AUCTIONS

BID SHEET

(Must be completed and attached to the Bid Agreement Form)

Bid Amount $

Real estate and moveable assets at the New Village Institute Blairsville, Pennsylvania

$

_____________________________________________________________________ DOLLARS

I certify that I have read this sealed bid auction document carefully and agree to abide by all the terms and conditions contained or referenced herein:

Name: _____________________________ __________________________________________ (Buyer) (Print address above) Telephone #: _________________ Email: ________________________ Date: _______________ Signature: _________________________________________

SEALED BID AUCTION J.A.H. ENTERPIRSES dba HENDERSON AUCTIONS

BIDDER CHECKLIST

(Must be completed and attached to the Bid Agreement Form)

Completed Bidder Agreement Form Completed Bid Sheet $100,000 Earnest Money Funds Completed Bidder Checklist

Documents Available Upon Request (Contact Tricia Ory at tricia@hendersonauctions.com): • Feasibility Study • Phase 1 Building 1 - Lease Info: This property is being sold subject to the terms of a lease with an existing tenant. Upon transfer of title, the buyer will become the Lessor and will assume the rights, responsibilities, and benefits outlined in the Lease Agreement. Any deposits or rents advanced from the Lessee to the current owner will be transferred to the new owner at closing.

• Real Estate Appraisal • Movables Appraisal

I certify that I have read this sealed bid auction document carefully and agree to abide by all the terms and conditions contained or referenced herein:

Name: _____________________________ __________________________________________ (Buyer) (Print address above) Telephone #: _________________ Email: ________________________ Date: _______________ Signature: _________________________________________

LEASE AGREEMENT