AUCTION < PULLMAX 10' X 1/2" INITIAL PINCH BENDING ROLL. INSPECTION: Wednesday, March 30 9:00 A.M. to 4:00 P.M. & Morning of Sale

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1 AUCTION MAJOR STEEL FABRICATION AND ERECTION COMPANY Featuring: Bending Rolls, Pressbrake, Shear, Beam Line, Beam Cambering Machine, Ironworkers, Saws, Welding Manipulators & Positioner, Tank Turning Roll Sets, Welding Machines, Air Compressors, Sand Blast Equipment, Overhead Bridge Cranes, Jib Cranes, (5) Rough Terrain Cranes, (9) Forklifts up to 20,000-lb. cap., Pickup Truck, Truck Tractors & Trailers, More! PLUS: Real Estate to Be Auctioned Subject to Confirmation of the High Bid (See Page 7). < PULLMAX 10' X 1/2" INITIAL PINCH BENDING ROLL PACIFIC 300 T. X 14' HYDRAULIC PRESSBRAKE At the Premises of CARPCO OF TEXAS, INC West US Hwy. 82 NEW BOSTON (Texarkana Area) TEXAS (See Directions on Back Page) AUCTION DATE: THURSDAY MARCH 31 10:00 A.M. INSPECTION: Wednesday, March 30 9:00 A.M. to 4:00 P.M. & Morning of Sale PIRANHA 90 T. HYDRAULIC IRONWORKER BUYER S PREMIUM: 15% ON-SITE 18% WEBCAST On-Site Bidding in New Boston, TX or Bid Via Webcast at 3 AVAILABLE GALION 15 T. CAP ROUGH TERRAIN CRANE INGERSOLL RAND MDL. VR90B TELEHANDLER FORKLIFT Read Partial Terms and Conditions on Back Page of Brochure Sale Conducted By: GALION 15 T. CAP ROUGH TERRAIN CRANE Ron Moore, Texas Lic. #7314 HOUSTON DALLAS ST. LOUIS Headquarters: 1304 Langham Creek Drive, Suite 454 Houston, Texas PHONE: (713) FAX: (713) pmi@pmi-auction.com WEBSITE:

2 < PACIFIC 300 T. X 14' HYDRAULIC PRESSBRAKE CARPENTER STEEL CUSTOM BEAM CAMBERING SYSTEM 300 T. CAPACITY < LODGE & SHIPLEY 12' X 1/2" SHEAR PULLMAX 10' X 1/2" INITIAL PINCH BENDING ROLL BUFFALO NO. 2 VERTICAL ANGLE BENDING ROLL CONTROLLED AUTOMATION CNC ANGLE PUNCH AND SHEAR LINE 2 HYDRAULIC PRESSBRAKE PACIFIC MDL , 14' x 5/16" bending cap., 12'-6" dist. btwn. housings, foot pedal control, S/N PRESSBRAKE DIES WIDE SELECTION IN VARYING LENGTHS, INCL. DIE HOLDERS, 4-WAY DIES, BUILD-UP DIE, VARIOUS PUNCHES. SHEAR LODGE & SHIPLEY 1/2" X 12' MDL. 0812SL, 30" extended gap, ball roller tbl., 4' L.H. squaring arm, ball roller pallet in front, foot pedal control, S/N INITIAL PINCH BENDING ROLLS PULLMAX (DOMNARVET) 10' X 1/2" MDL. PV5, pwr. rear roll adj., drop end, S/N NIAGARA, 3'L. x 4" dia. rolls, wire bending grooves, Catalog No. 349, S/N 522. VERTICAL ANGLE BENDING ROLL BUFFALO FORGE NO. 2, 5" x 5" x 3/8" angle cap., 16" dia. x 7" thk. roll, manual adj., retrofitted w/30 HP unitized hyd. roll drive and directional valve control, S/N CNC ANGLE PUNCH & SHEAR SYSTEM CONTROLLED AUTOMATION, approx. 6" x 6" x 1/2" cap., 50' cap. V-roller infeed tbl., 30 HP hyd. pwr. supply system, dbl. cut angle shear, V-roller outfeed unit, PC based control system, S/N N.A. HYDRAULIC 3-PUNCH BEAM LINE WHITNEY MDL. 790, manual adj., 100 T. cap. flange punches, 100 T. cap. web punch, 30 HP unitized drive system, 49' x 40"W. outfeed conveyor, 54" infeed conveyor w/(2) hyd. lift travelling cross 53'L. infeed conveyors, chain driven travelling lift car w/pneu. lift system, S/N HYDRAULIC PUNCHES PEDDINGHAUS HYDRAULIC C-FRAME PUNCH SET, approx. 100 T. cap., punch no. 1 18" throat depth, punch no. 2 24" throat depth, share a common hyd. system: 30 HP unitized hyd. pump and reservoir unit, foot pedal control. WHITNEY PORTABLE PUNCH SET, approx. 100 T. cap., web and flange punch set w/hyd. pwr. supply. POWER TEAM PORTABLE PUNCH SET w/unitized pwr. supply. HYDRAULIC BEAM CAMBERING MACHINE CARPENTER STEEL/CUSTOM 300 T., twin hyd. rams, unitized 20 HP hyd. pwr. supply system, directional valves, outboard clamping rams, roller bed tbl.

3 < PIRANHA 90 T. HYDRAULIC IRONWORKER TRENNJAEGER PMC-8 COLD SAW AUCTION DATE: THURSDAY MARCH 31 10:00 A.M. MARVEL MDL. 81A7/M3M/M5 VERTICAL BANDSAW PEDDINGHAUS C-FRAME PUNCHES HYDRAULIC IRONWORKER PIRANHA 90 T. MDL. P4, 6" x 6" x 5/8" angle shear, 2" round bar shear, joystick control, brake attach., coping attach., S/N COLD SAW TRENNJAEGER MDL. PMC-8, (2) hyd. hold-downs, 24" blade, 8" max. cutting ht., S/N GD307. BANDSAWS MARVEL MDL. 81A7/M3M/M5 VERT. BANDSAW, 70' x 40"W. idler infeed conveyor, (3) 17'L. cross conveyors, chain driven motion w/pneu. lift, 10' outfeed conveyor, S/N E2074. WELLS 10" x 18" MDL. 54G HORIZONTAL BANDSAW, 1" blade, fabricated steel stand, S/N 815. RUBAN 8" X 12" MDL. UE-812 HORIZONTAL BANDSAW, 3/4" blade, S/N OPTICAL SHAPE CUTTING MACHINE KOIKE MDL. IK1200J, 49" max. cutting width, approx. 20' max. cutting length, electronic eye tracer, multiple oxy. fuel burning heads, slat type burning tbl., S/N GAP FRAME PRESS CLEVELAND 90 T. CAP. MDL. 50G-54 DOUBLE CRANK, adj. ht. bed, 24" F-B x 78" R-L, dual palm button operation, air clutch and brake, 8" stroke, 3" adj., 40 SPM, S/N MISCELLANEOUS FABRICATING EQUIPMENT ERCOLINA SUPER BENDER PIPE AND TUBE BENDER, new 2006, foot pedal control, S/N JANCY MDL. AL100 UNIVERSAL PIPE NOTCHING GRINDER, 4" x 76" belt, 4 HP motor, fabricated steel stand. RIDGID MDL. 535 PIPE THREADER, cut-off and self-opening die head, fabricated stand. HAUSFELD NO. 2 BAR BENDER, fabricated stand, large assortment of dies. ADDITIONAL MACHINES BEING ADDED SEE CATALOG. ENGINE LATHE STANDARD MODERN 20" X 80" MDL. 2820, 3.15" spndl. hole, inch/metric thdng., spds.: 27 1,600 RPM, taper attach., 15" dia. 3-jaw chuck, 14" dia. 4-jaw chuck, Trav-A-Dial, S/N RADIAL ARM DRILL CINCINNATI GILBERT 4' X 11", spds.: 5 1,800 RPM, approx. 7-1/2 HP drive motor, pwr. clamping and elevation, L-base, box tbl., S/N MISCELLANEOUS MACHINES BALDOR MDL. BC10 PEDESTAL GRINDER, 1 HP motor, fabricated steel stand. DELTA 6"W. HORIZONTAL/VERT. BELT SANDER, tilting tbl. ADDITIONAL MACHINES BEING ADDED SEE CATALOG. INSPECTION: Wednesday March 30, 9:00 A.M. to 4:00 P.M. & Morning of Sale WHITNEY 3-PUNCH HYDRAULIC BEAMLINE < CINCINNATI GILBERT 4' x 11" RADIAL ARM DRILL 3

4 2 AVAILABLE ARONSON 6 X 6 WELDING MANIPULATOR At the Premises of CARPCO OF TEXAS, INC West US Hwy. 82 NEW BOSTON (Texarkana Area) TEXAS (See Directions on Back Page) PANDJIRIS 3,000-LB. CAP WELDING POSITIONER NELSON STUD WELDING SYSTEM (2) RANSOM 60 T. CAP. TANK TURNING ROLL SETS WELDWIRE 20 T. CAP. TANK TURNING ROLL SET 4 WELDING MANIPULATORS ARONSON 6 X 6, 110 v., pwr. up and down, variable spd. on arm, NA3 head and control. PRESTON EASTON 6 X 6 ON PUSHCAR, 110 v., pwr. up and down, variable spd. on arm, NA3 head and control. TANK TURNING ROLL SETS (2) RANSOM 60 T. CAP. DRIVE AND IDLER SETS, variable spd., AC controls. WELDWIRE 20 T. CAP. DRIVE AND IDLER SET, variable spd., 13" wide tires. (4) PANDJIRIS MDL ,000-LB. CAP. DRIVER AND IDLER SETS, pendant control. WELDING POSITIONER PANDJIRIS 3,000-LB. CAP, pwr. tilt, pwr. rotation, adjustable base, 480 v., 30 x 30 tbl. STRUCTURAL STEEL CONVEYORS HUGE ASSORTMENT OF H.D. PWR. AND IDLER ROLLER CONVEYORS some w/cross conveyors, most is 48"W. in 18' sections, on fabricated steel legs. STUD WELDERS NELSON MDL. 101 SERIES STUD WELDER, stud welding gun, various attachs., S/N SMD ERICO JONES MDL. AC200 STUD WELDER, stud welding gun, S/N WELDING MACHINES LINCOLN IDEALARC MDL. TM500/500 TIG WELDER, sgl. phase, S/N LINCOLN IDEALARC MDL. DC400 WELDER, v., 100% duty cycle, S/N AC (4) MILLER MDL. SR400 DC WELDERS, S/N N.A. (3) MILLER MDL. CP300 WELDERS, v., 100% duty cycle, S/N KE695066, S/N N.A., S/N N.A. (2) LINCOLN MDL. CV300 WELDERS, v., S/N U , 100% duty cycle, S/N U , 60% duty cycle and Lincoln LN7 wire feeder. LINCOLN MDL. SHIELDARC SA250-D3.152 WELDER, diesel engine, welding lead, sgl.-axle trailer mount, S/N A LINCOLN MDL. SP-200 MIG WELDER, v., 60% duty cycle, wire feed unit, tractor, S/N ADDITIONAL WELDERS BEING ADDED SEE CATALOG. VIEW OF MILLER WELDING MACHINES SAMPLE VIEW OF POWER ROLLER CONVEYORS RAW MATERIAL HUGE ASSORTMENT OF HEAVY WALL SQUARE AND RECTANGULAR TUBING; I-BEAMS of all sizes; CHANNEL IRON; ANGLE IRON. AIR COMPRESSORS WORTHINGTON ROLLAIR MDL. 200 ROTARY SCREW, 200 HP drive, air cooled, skid mtd., portable transport frame, S/N N.A. INGERSOLL RAND MDL. 30T RECIPROCATING, 20 HP motor, on 90 gal. horiz. tank. QUINCY MDL RECIPROCATING, 15 HP motor, S/N

5 200 HP SAMPLE VIEW OF RAW MATERIALS WORTHINGTON ROTARY SCREW AIR COMPRESSOR PORTABLE AIR COMPRESSOR INGERSOLL-RAND MDL. HP750, 750 CFM, Cumins Mdl. 6CTA8 diesel engine, tandem-axle trailer, S/N N.A. SANDBLAST EQUIPMENT (3) SAND STORAGE HOPPERS, various capacities. (2) CLEMCO SANDBLAST POTS, 2,600-lb. cap. w/ wheeled base, hoses and guns. HAND & POWER TOOLS (2) JANCY SLUGGER MAX4X4 ENGINEERING MDL. USA3/4 H.D. MAGNETIC BASE DRILLS; JANCY SLUG- GER MDL. USA5 MAGNETIC BASE DRILL; HOUGEN HOLLYMATIC MAGNETIC BASE DRILL w/large qty. of rotobroach bits; BOSCH HAMMER DRILL KIT; SKIL HAMMER DRILL KIT; BLACK & DECKER 3/4" HAM- MER; SKIL 1/2" H.D. ELECTRIC DRILL; DEWALT AND MILWAUKEE 3/8" HAND-HELD ELECTRIC DRILLS; (2) MAKITA MDL. LC " CUT-OFF SAWS; MILWAUKEE 8" METAL CUTTING SAW; (2) SKIL WORM DRIVE HAND SAWS; (2) MILWAUKEE PORTABLE BANDSAW UNITS; (9) 6" RIGHT ANGLE GRINDERS; MILWAUKEE STRAIGHT GRINDER; TRUMPF MDL HAND-HELD PLANISHING TOOL; ASSORTED JACK HAMMERS; PNEUMATIC CHISELS; PIPE WRENCHES; ANCHOR 5 T. CAP. X 48' SPAN OVERHEAD BRIDGE CRANE RIDGID AND TOLEDO PIPE THREADING HEADS; TAP AND DIE SETS; ADJ. FORGED C-CLAMPS; KANT TWIST CLAMPS; HYDRAULIC PORTABLE PULLERS AND STRAIGHTENING EQUIPMENT; SKIDMORE WILHELM MDL. MS BOLT TEST UNIT, 126,000-lb. cap., in case, S/N 15763; HILTI PWR. CAULKING UNIT; GREENLEE HYDRAULIC CONDUIT BENDER SET w/dies; ASSORTED COME- ALONGS; BOLT CUTTERS; LARGE RENFROE PLATE CLAMPS of various sizes; SHACKLES; KOIKE MDL. IK-12MAX3 TRACK TORCH w/track and cutting head; AIRCO RADIOGRAPH MDL. 108 TRACK TORCH w/track; ASSORTED WELD GAUGES AND OXY. FUEL CUTTING HEADS; KOIKE PORTABLE CUTTING TORCH; THERMALARC MDL. PAK44 PLASMA CUTTER. MISCELLANEOUS SHOP & WAREHOUSE EQUIPMENT HUGE ASSORTMENT OF FASTENERS INCL. NUTS, BOLTS, WASHERS, STUDS, J BOLTS, H.D. CASTERS AND TURNBUCKLES some new in case; (3) AIRMASTER 36" FLOOR AIR CIRCULATORS; (2) 48" SQ. BOX FANS; PHOENIX MDL. 300 DRY ROD ELECTRODE OVEN; CHAIN BINDERS; SANDBLAST HOODS; PROPANE HEATERS; LARGE SELECTION OF WELDING WIRE FLUX AND WELDING ROD. OVERHEAD BRIDGE CRANES ANCHOR CRANE AND HOIST 5 T. X 48' SPAN, approx. 20' under hook, top running, sgl. girder, Shawbox 5 T. cap. underhung wire rope hoist, pendant control, 3-way pwr. motions. P&H 5 T. X 48' SPAN, approx. 20' under hook, top running, sgl. girder, P&H 5 T. cap. underhung wire rope hoist, pendant control, 3-way pwr. motions. COLUMN-MOUNTED JIB CRANES (4) CUSTOM 2 T. X APPROX. 14' REACH, CM 2 T. cap. elec. chain hoist. ROLLING FRAME SINGLE-LEG GANTRY JIB CRANES (2) 2 T. X 30' SPAN, approx. 12' ht. under hook, Spacemaster 2 T. cap. elec. chain hoist. MISCELLANEOUS MATERIAL HANDLING EQUIPMENT SHAWBOX 7-1/2 T. CAP. ELECTRIC WIRE ROPE HOIST; SHAWBOX 5 T. CAP. ELECTRIC WIRE ROPE HOIST; BOTTOM DROP CRANE HANDLE CONCRETE BUCKET, approx. 2 cu. yd., tubular steel construction; GALION FLYBOOM w/sgl.-axle transport trailer. SANDBLAST EQUIPMENT AND PORTABLE AIR COMPRESSOR PARTIAL VIEW OF POWER TOOLS ROLLING FRAME JIB CRANE 5

6 3 AVAILABLE GALION 15 T. CAP. ROUGH TERRAIN CRANE TAYLOR 20,000-LB. DIESEL FORKLIFT WINDHAM 10,000-LB. ROUGH TERRAIN FORKLIFT PETTIBONE MULTIKRANE 20 ROUGH TERRAIN CRANE HYDRAULIC ROUGH TERRAIN CRANES (3) GALION 15 T. CAP., Detroit diesel engine, 3-section hyd. boom, outriggers, S/N 7373, S/N 6054, S/N ION 12 T. CAP., Detroit diesel engine, 3-section hyd. boom. PETTIBONE 12.5 T. CAP. MDL. 20, Detroit diesel engine, 3-section hyd. boom, rough terrain tires, S/N FORKLIFTS TAYLOR 20,000-LB. CAP. MDL. Y-20-WOM, diesel engine, 2-stage mast, 102" forks, 78"W. fork carriage, S/N WINDHAM PWR. LIFTS 10,000-LB. CAP. MDL. WFDF10-79, gasoline engine, 10', 4,000-lbs. above 10', 3-stage mast, 48" forks, 72"W. fork carriage, rough terrain tires, S/N NISSAN 8,500-LB. CAP. MDL. YGF03A40TVSD33, diesel eng., 3-stage mast, side shifter, S/N 99070L2810. YALE 4,000-LB. CAP. MDL. GLP040AFNUAV062, new 2003, 62" standard mast, 90" lift ht., LPG, solid pneumatic tires, 42" forks, S/N B810N02987A. (3) YALE 3,000-LB. CAP. MDL. GLP030AFNUAV062, as new as 2003, 62" standard mast, 90" lift ht., LPG, solid pneumatic tires, 42" forks, S/N B810N03408A (2003), S/N B810N02353Z (2002), S/N A810N06445Y (2001). TELEHANDLERS GRADALL MDL. 534DS-45, Cumins diesel engine, 45' max. lift, Mdl ,000-lb. cap. fork attach., rough terrain tires, S/N INGERSOLL-RAND MDL. VR90B, 36' reach, 9,000-lb. cap., fork attach., S/N PERSONNEL LIFTS CONDOR MDL SELF-PRO- PELLED SCISSOR LIFT, 31' platform ht. SNORKEL WILDCAT 800-LB. CAP. MDL. SL20 SELF-PROPELLED SCIS- SOR LIFT, extendable pulpit, S/N GRADALL MDL. 534DS-45 TELEHANDLER FORKLIFT NISSAN 8,500-LB. CAP. FORKLIFT 6 On-Site Bidding in New Boston, TX or Bid Via Webcast at CONDOR MDL SCISSOR LIFT INGERSOLL RAND MDL. VR90B TELEHANDLER FORKLIFT

7 < INTERNATIONAL EAGLE SLEEPER TRACTOR KENWORTH SLEEPER TRACTOR < FLATBED EQUIPMENT TRAILER FORD F-250 PICKUP TRUCK TRACTORS EAGLE NAVISTAR MDL. 9900I6X4, new 2001, 52,000-lb. G.V.W.R., sleeper cab, Fuller trans., twin sleeper cab, Odo: 995,000 miles, AR License No. K VIN 2HSCHRSR01C KENWORTH, new 1992, sleeper cab, tandem-axle, S/N LXKADR9X0 N TRAILERS (3) ALTHEA FLATBED TRAILERS, wood deck, landing gear, tandem-axle, toolboxes, AR License No. PT100977, AR License No. PT100974, AR License No. PT (no tool box). CUSTOM GOOSENECK TRAILER, approx. 18'L., tandem-axle. 18'L. EQUIPMENT TRAILER, tandem-axle, drop tail design. PICKUP TRUCK FORD F-250 PICKUP TRUCK, 2002, diesel, crew cab, 3/4 T., S/N LFTNW21F62ED239. FORD F-550 FLATBED TRUCK FLATBED TRUCK 2002 FORD MDL. F-550, pwr. stroke V8 diesel engine, auto. trans., 12' steel bed, gooseneck hitch, Odo: 261,942 miles, AR License No. C71704, VIN 1FDAF56F02ED REAL ESTATE TO BE SOLD SUBJECT TO OWNER S CONFIRMATION OF THE HIGH BID TO BE OFFERED IMMEDIATELY PRIOR TO THE START OF THE EQUIPMENT AUCTION. NO BUYER S PREMIUM ON REAL ESTATE. BROKER PARTICIPATION. ACREAGE: total acres (more or less) located at 1935 West US Hwy. 82, New Boston, TX Property is physically located 800' from I-30 on US Hwy. 82. MAIN BUILDING: 100'W. x 600'L. x 29' eave ht. Building is modular span w/center line columns. Building has (2 each) 650' long 7.5 T. top running crane systems. 480 v. electrical service 800-amps. BUILDINGS ATTACHED TO MAIN BUILDING: 49'W. x 78'L. single slope lean-to which includes tool room, break room, mechanic s office, plant manager s office, and records room. 24'W. x 44'L. concrete block restroom and shower facility. DETACHED MAIN OFFICE: 3,750 sq. ft. pre-engineered metal building 50'W. x 75'L. w/architectural glass lights. Includes foyer w/reception area, (2 each) private offices, (5 each) workspace cubicles, accounting office, kitchen area, and large conference room. 7

8 P.O. Box Houston, TX PUBLIC INVITED AUCTION DATE: THURS. MARCH 31 10:00 A.M. DATED MATERIAL PLEASE DELIVER MAJOR STEEL FABRICATION AND ERECTION COMPANY Featuring: Bending Rolls, Pressbrake, Shear, Beam Line, Beam Cambering Machine, Ironworkers, Saws, Welding Manipulators & Positioner, Tank Turning Roll Sets, Welding Machines, Air Compressors, Sand Blast Equipment, Overhead Bridge Cranes, Jib Cranes, (5) Rough Terrain Cranes, (9) Forklifts up to 20,000-lb. cap., Pickup Truck, Truck Tractors & Trailers, More! PLUS: Real Estate to Be Auctioned Subject to Confirmation of the High Bid (See Page 7). AUCTION NEW BOSTON (Texarkana Area), TEXAS ASSOCIATION OF MACHINERY AND EQUIPMENT APPRAISERS ATTENTION: PLANT MANAGER OR EQUIPMENT BUYER Presorted First Class Mail U.S. Postage PAID Eugene, Oregon Permit No. 17 DIRECTIONS FROM TEXARKANA REGIONAL AIRPORT: Exit airport using Four States Fair Parkway. Merge onto I-30 W and proceed approx. 26-1/2 miles. Take the US-82 Exit 199 toward De Kalb/Clarksville and proceed about 1/2 mile. Turn left onto US-82 East toward New Boston. Proceed approx. one mile to the sale site on the right, 1935 West US Hwy. 82, New Boston, Texas Watch for auction signs. LODGING Holiday Inn Express & Suites...(877) North Center Street, New Boston, Texas Best Western Inn & Suites... (870) Crossroads Parkway, Texarkana, Arkansas Hampton Inn Texarkana...(870) Crossroads Parkway, Texarkana, Arkansas UNABLE TO ATTEND? Bid on-line in real time at TO PARTICIPATE YOU MUST: 1. Register at Use the link to BidSpotter on PMI s website calendar. DO IT NOW. 2. Either send wire transfer, or, overnight delivery service a cashier s check deposit in the amount of $3,000 (U.S. Bidders) or $10,000 (Foreign Bidders) to: Plant & Machinery Inc Langham Creek Drive, Suite 454, Houston, TX Wire transfer instructions can be found at pmi-auction.com You must be registered and have your deposit in the hands of Plant & Machinery, Inc. at least 24 hours prior to the start of the auction. Failure to register and/or failure to send your deposit to Plant & Machinery, Inc. may disqualify you from bidding. DON T WAIT. If you need assistance, don t hesitate to call (713) ALL WEBCAST BIDS ARE SUBJECT TO AN 18% BUYER S PREMIUM. FINANCE YOUR AUCTION PURCHASE Conserve Your Cash & Increase Your Bidding Power AuctionLea$e Provides M&E Financing With Approvals from $5,000 to $999,000 (800) Apply Online: A 15% Buyer s Premium Will Apply On-site. (No Buyer s Premium on Real Estate.) An 18% Buyer s Premium Will Apply to Webcast Bids. See Above Rules for Participation. Everything will be sold to the highest bidder or bidders for cash in accordance with the auctioneer s Customary Terms of Sale, copies of which will be posted on the premises. ALL PAYMENTS MUST BE MADE BY CASH, CASHIER S CHECK, WIRE TRANSFER OR COMPANY CHECK WITH BANK LETTER GUARANTEEING PAYMENT TO PLANT & MACHINERY INC. Here is an example of what your letter should be: Mr. Customer Name is a customer of this bank. This bank will guarantee unqualified payment to PMI on the account listed herein up to the amount of $. This letter is good until April 30, In default of payment of bills in full within the time therein specified, the Auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. All items must be removed by the time announced at the start of the sale. Lots not paid for and/or removed within the time allowed may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charge of resale, will be charged to the defaulting purchaser. The buyer acknowledges that he or an agent has inspected all of the assets upon which he will be bidding and/or does purchase. Buyer agrees to accept assets purchased AS IS, WITH ALL FAULTS AND WITH REMOVAL AT BUYER S RISK AND EXPENSE. THE AUCTIONEER EXPRESSLY DISCLAIMS ON THE PART OF THE AUCTIONEER AS AGENT AND THE SELLER, ANY WARRANTY AS TO FITNESS OR QS PARTIAL TERMS & CONDITIONS USABILITY OF ALL THE ASSETS, AND THE BUYER EXPRESSLY WAIVES ANY CLAIM IN RESPECT TO ANY POSSIBLE FUTURE USE OF ANY ASSET PURCHASED FOR ANY PURPOSE WHATSOEVER. The buyer does hereby assume and does agree to indemnify and hold the auctioneer harmless from any future claim which shall pertain to the fitness or use of that asset as being purchased. Riggers, movers, electricians and buyers performing work at the Auction Site must provide PMI with evidence of insurance. The insurance coverage must be at a level acceptable to PMI and to the seller. PMI reserves the right to withdraw items, alter the order of the sale, accept bids from the seller, and group lots as it may deem appropriate. This auction may include consignment items. Although all information has been obtained from sources deemed reliable, the auctioneer and seller make no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained, or contained in our catalog. It is for this reason that buyers should avail themselves of the opportunity to make inspection prior to the auction. Although it is not likely, auction sales are subject to cancellation or postponement. Kindly contact auctioneer prior to attendance. These terms and conditions may be modified or supplemented by language in the catalog available at the sale site or by announcement at the start of the sale. Bidders should be attentive to those announcements and to the catalog language.