ANTIQUE TRACTOR ONLINE ONLY BIDDING

PLEASE READ AND REVIEW THE TERMS
THOROUGHLY PRIOR TO BIDDING

IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS
PLEASE DO NOT BID

BY BIDDING ON THIS AUCTION, BUYER AGREES TO ALL TERMS AND
CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE ITEM(S)
UNDER THE FOLLOWING TERMS AND CONDITIONS:

1. CATALOG: Aumann Auctions has put
forth every effort in preparing the catalog for this auction to provide accurate
descriptions of all items. All lots are sold AS-IS, WHERE-IS, with all faults,
imperfections and errors of description. Due diligence is the responsibility of the
bidder/buyer. Printed statements or descriptions by staff are provided in good faith
and are matters of opinion.

2. PAYMENTS: There is a 10% Buyer's Premium
applied to each lot. All sales are final. No credit card charge backs will be
allowed. All accounts must be settled at the conclusion of the auction. We accept
Cash, Checks, Certified Funds, Wire Transfer & Visa & MasterCard ONLY. If paying by
credit card, you will be charged for your purchases, plus buyer's premiums(if
applicable), plus a 5% Credit Card Fee and any applicable taxes. NOTHING will be
charged to your card until a purchase is made. Items can not be removed from the
auction site until payment is made in full. Bidders may pay by check or cash or wire
transfer or any other above mentioned method. Please notify our offices how you will
proceed with payment. Note: Checks may be processed the day of the auction; be sure
to have adequate funds in your account. Each transaction necessary to collect
insufficient funds will have a $25 fee imposed plus the liability of Default of Buyer
below.

3. DEFAULT OF BUYER: Successful bidder not paying for items within 3
days of the date of the auction will be considered in default. Such default by the
Successful Bidder will result in that Bidders liability to both the Seller and Aumann
Auctions, Inc. Seller shall have the right to (a) declare this contractual agreement
cancelled and recover full damage for its breach, (b) to elect to affirm this
contractual agreement and enforce its specific performance or (c) Seller can resell
the items either publicly or privately with Aumann Auctions, Inc. and in such an
event, the Buyer shall be liable for payment of any deficiency realized from the
second sale plus all costs, including, but not limited to the
holding/transporting/storage costs of the items, the expenses of both sales, legal
and incidental damages of both the Seller and Aumann Auctions, Inc.

In
addition, Aumann Auctions, Inc. also reserves the right to recover any damages
separately from the breach of the Buyer. The purchaser agrees to pay all reasonable
attorney fees and costs incurred by Aumann Auctions, Inc. in the collection of funds.
The purchaser also agrees that a storage/handling fee of 2% per month be added to the
balance of any unpaid balance due Aumann Auctions, Inc. and any other costs or losses
incurred by the Buyers failure to adhere to these terms. Any debt collection or
dispute proceedings will be litigated or arbitrated in Montgomery County, Illinois at
the option of both the Seller and Aumann Auctions, Inc.

Both the Successful
Bidder and Seller shall indemnify Aumann Auction, Inc. for and hold harmless Aumann
Auctions, Inc. from any costs, losses, liabilities, or expenses, including attorney
fees resulting from Aumann Auctions, Inc. being named as a party to any legal action
resulting from either Bidders or Sellers failure to fulfill any obligations and
undertakings as set forth in this contractual agreement.

4. PICK UP ITEMS: All
pickups are scheduled in advance. Please see the pickup time and location in the
description of the item. Items not picked up can incur both a moving and/or storage
fee (at the auction companies discretion). Watch for notes included on your invoice
and on the website in regards to pick-up. Transportation and shipping of the items
are the responsibility of the buyer. Buyer's and hired haulers need to have a PAID
copy of the invoice with them at the time of pickup in order to have items released
to them at pickup.

ONLINE BIDDERS:

BIDDING AND REGISTRATION
INFORMATION:

BIDDER VERIFICATION: Bidding rights are
provisional, and if identity verification is questionable, Aumann Auctions, Inc. has
the right to reject the registration, and bidding activity will be terminated. The
Seller and Aumann Auctions, Inc. reserve the right to preclude any person from
bidding if there is any question as to the person's credentials, mental fitness, etc.
Bidders agree to keep their username and password confidential as they are
responsible for ANY and ALL activity involving their account. If the registered
bidder's user name is offensive to Aumann Auctions, Inc. or in their sole opinion
detrimental to Bidding Activity, then Aumann Auctions, Inc. reserves the right to
delete the bidder from bidding or unilaterally change the username with notification
to the Bidder. When using the web site you must obey any and all local state and
federal laws. Violations will result in termination of web site use
privileges.

MAXIMUM BID: When you bid your maximum bid, the current
bid price does not automatically advance to your maximum bid. Another bidder has to
bid to increase the current price and the computer will automatically bid up to your
maximum in the increments specified.

AUCTION END TIMES: Aumann
Auctions, Inc. online only auctions are timed events and all bidding will close at
specified time. However, our auctions also have what is called an Auto Extend
feature. Any bid placed within the final 5 minutes of an auction results in the
auction automatically extending 5 additional minutes. The bidding will extend in 5
minute increments from the time the last bid is placed until there are no more bids,
and the lot sits idle for 5 minutes. Therefore, the auction will not close until all
bidding parties are satisfied and no one can be outbid at the last seconds without
having another opportunity to bid again.

TECHNICAL ISSUES: In the
event there are technical difficulties related to the server, software, internet or
any other online auction-related technologies, Aumann Auctions, Inc. reserve the
right to extend bidding, continue the bidding, or close the bidding. Neither the
company providing the software, nor Aumann Auctions, Inc. shall be held responsible
for a missed bid or the failure of the software to function properly for any
reason.

CONDUCT OF THE AUCTION: Conduct of the auction and increments
of bidding are at the direction and discretion of Aumann Auctions, Inc. Aumann
Auctions, Inc. reserves the right to reject any and all bids for any reason and also
reserves the right to cancel this auction, or remove any item or lot from this
auction prior to the close of bidding. All decisions of Aumann Auctions are
final.

Your bid on this auction indicates both an understanding and an
acceptance of the terms of this contractual agreement between yourself and both
Aumann Auctions, Inc. and the Seller and that you, as the Bidder, are prepared to
purchase items under these terms and conditions.

Earl Waite Minneapolis Moline Collection