SEALED BID AGREEMENT
By Order of AmSouth Bank
1995 Caterpillar 330L Excavator
288 West 7th Street
Orlando, Fl
Bid Deadline: Tuesday, March 20, 2001 by 3:00 P.M. E.T.

Date Submitted: ___________________________________________

Purchaser’s: __________________________Company Name: _____________________

Address: ________________________________________________________________

______________________________________________________________________

Tel: _____________________Fax: ___________________E-Mail: _________________

Bid Price                     +                      10% Buyers Premium            =            Total

$___________                                    $_______________                            $___________

Terms & Conditions

  1. The sealed bid must be received by Moecker Auctions, Inc. no later than 3:00 p.m. on Tuesday, March 20, 2001.  Sealed bids may be sent regular mail, overnight delivery or hand delivered, they must be received by the above date and time.  Please send to: Moecker Auctions, Inc., 6861 S.W. 196th Ave., Suite 200, Ft. Lauderdale, Fl 33332, (954) 252-2887.
  2. A 10% Cashier’s Check deposit must accompany any bid made payable to Moecker Auctions, Inc.
  3. Balance will be due and payable in cashier’s check or wire transfer to Moecker Auctions, Inc. no later than 5:00 p.m., on Thursday, March 22, 2001.
  4. There will be a 10% Buyer’s Premium added to the Final Bid Price.
  5. The Excavator must be removed from the premises no later than 5:00 p.m., Friday March 23, 2001.
  6. All sales are final!  Everything is sold in as is, where is condition, without warranty, representation or recourse by or against Seller and or its Agent.
  7. Sales tax, where applicable, will be collected in accordance with Florida State laws.
  8. Any individual who makes a payment in cash in an amount of $10,000.00 or more will be required to provide information requested and sign IRS Form 8300.
  9. All parties agree that once the Executed Sealed Bid is received, it cannot be altered by telephone, facsimile, etc.
  10. If Purchaser fails to perform this agreement his deposit shall be forfeited.
  11. There shall be no exceptions to any part of this agreement.

    IN ACCEPTANCE OF THESE ABOVE TERMS AND CONDITIONS SELLER AND PURCHASER HERETO AFFIX THEIR SIGNATURES

    ____________________________________                ___________________________________
    Purchaser                                                                             Seller