All Tracts As a Whole-115.329 acres [BIDDING BY THE DOLLAR]

EXHIBIT “B”TERMS AND CONDITIONSMarc & Stacie TodinoRome, Floyd County, GASaturday, May 16th at 10:00 AMThese “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “B”, which will prevail over this document and any other agreement between the Buyer and Seller.CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Marc A Todino & Stacie Todino (Seller) TO SELL AT AUCTION (2) Home, Improvements, and 115.329 acres of real estate located in Floyd County, GA.All property is selling “AS IS, WHERE IS” and WITH ALL FAULTS, IF ANY”, without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental conditions, including, but not limited to, any hazardous substances, hazardous waste, petroleum, or petroleum by-products concerning the property, are given by the Auctioneer or Seller. Neither the Auction Company nor the Seller makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction that they have inspected the Property and are not relying on any warranty or representation of the Seller, Auctioneer, or any agent thereof. For compliance with Section 1018 of the Residential Lead-Based Paint Hazard Reduction Act of 1992, interested purchasers have had a ten-day (10) day inspection period prior to the auction for assessment of possible lead-based paint hazards.We require all bidders to register and obtain a bid number in order to participate in the bidding process. All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during, or after the auction.The Seller has the right, at their sole discretion, to add or withdraw all or any portion of the property before the auction’s opening announcement on Saturday, May 16th at 10:00 am. This property is Selling Subject to Owner Confirmation, reserving the right to hold ALL offers open until Monday, May 18th at 5:00 pm.CONVEYANCE: Property will be conveyed by a Limited Warranty Deed with title insurance available at the Purchaser’s expense.RESERVATIONS & RESTRICTIONS: ALL Personal Property, Livestock, and Equipment, inside & outside the homes, are reserved. The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, easements, Floyd County regulations, any existing rights of way, and all other matters now of public record. The Property is selling subject to a mutually exclusive ingress & egress and utility driveway easement along the existing drive on Tracts 2, 3 & 4 as shown on the below-mentioned survey. A portion of this property lies in the 100-year floodplain as depicted by the survey mentioned below.ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 10% of the Contract Sales Price as earnest money in the form of a cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.DEFAULT: In the event a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided below in the Terms and Conditions.PAYMENT: A 10% Buyer’s Premium on Real Estate will be added to the Bid Price on all real estate today to arrive at the final purchase price. The purchaser will be required to sign a Sale Contract and pay a non-refundable earnest money deposit equal to 10% of the Contract Sales Price immediately following the Auction. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close under the original contractual terms, the deposit WILL be forfeited and retained by the Seller and Auctioneer as liquidated damages in addition to any other legal remedies available to the Seller and Auctioneer. SURVEY: We are selling this property according to a registered boundary survey performed by Elbert Angel, GRLS #1742, and the property is selling subject to Floyd County Planning & Engineering Final Approval. Any acreage adjustments will be handled at closing. A survey fee of $1,500 for Tracts #1 & 3 and $5,000 for Tracts #2 & 4 will be due and collected today. The accuracy of the survey is the sole liability of the surveyor and the Purchaser, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey.CLOSING: Closing shall take place within 30 days of sale date in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Ted Corwin with Brumlow, Corwin and Delashmit. We encourage you to contact Audra or Vicki in Mr. Corwin’s office as soon as possible to discuss the closing – 706.237.9944.CLOSING COSTS: The Seller will provide a Limited Warranty Deed at closing and pay their share of the 2026 prorated property taxes. If, for some reason, the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser’s Earnest money deposit will be returned.All other costs, including but not limited to Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before May 15, 2026.TAXES: The 2026 Real Estate property taxes will be prorated as of Closing. If any additional taxes are assessed resulting from the change of use by the purchaser, they will be the responsibility of the Purchaser. Both Parties, Buyer & Seller, reserve the right to enter and engage in a 1031 Tax Free Exchange with NO financial consequences to the other Party.AGENCY: The Auctioneer is acting as agent for the Seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms or conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced, and/or distributed information. Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.TECHNICAL SOFTWARE ISSUES: NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR THE AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Dempsey Auction Company provides online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Dempsey Auction Company or anyone else if the internet service fails to work correctly. Dempsey Auction Company will not be responsible for any missed bids from any source.METHOD of SALE: DAC reserves the right to offer the property in any way we see fit to obtain the seller the most money.Dempsey Auction Company is the “Listing and Selling Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller.NOTE: This auction is being recorded by audio in its entirety for legal purposes.I have received, read, understand, and agree to the information in these “Terms and Conditions,” which will become a part of the sales contract and will hereafter be Exhibit “B”.