(c) Bidding Guidelines: Bidding, whether in person, by agent, absentee bid, telephone, or internet, constitutes a bidder's acceptance of these conditions. In such case, Moran's will look to the third party for payment.

Registered bidders accept personal liability to pay the purchase price, including the buyer's premium plus all applicable charges, unless Moran's agrees in advance that the bidder is acting as agent on behalf of an identified third party acceptable to Moran's. Moran's may require identification and financial references in advance of buyer eligibility. (b) Buyer Registration: Prospective buyers must register with Moran's before bidding. The auctioneer may be recorded (visually, aurally or otherwise) and all participants consent to such recording. (a) Admission: The auction is open to the public, though Moran's reserves the right to refuse admission or participation to anyone at any time. The absence of a condition report does not imply than an item is free from defects or restoration, nor does a reference to particular defects imply the absence of others. Condition reports are offered as a courtesy and are typically published in Moran's catalogue or can be made available upon request.

(c) Property Sold 'As Is': Neither Moran's nor the seller provides any guarantee in relation to the nature of the property, or to any errors or omissions in the catalogue or supplemental material apart from the Limited Warranty stated below. Though buyers are not legally required to inspect lots prior to purchase, failure to do so may constitute a waiver of complaint that an item was not delivered in a condition equal to the existent condition at the auction. (b) Buyer's Responsibility: Buyers are responsible for determining to their own satisfaction the true nature and condition of any lot prior to bidding. Prospective buyers are strongly encouraged to personally examine any property in which they are interested. In many cases, particular lots can be examined in advance by private appointment. (a) Public Preview: All property is available for inspection by public preview during the day of auction.

The contract for the sale of the property is therefore made between the seller and the buyer. Except as otherwise stated, John Moran Auctioneers Moran's) acts as agent for the seller.

Remington pat. nov 15th 1864 17