TERMS & CONDITIONS OF SERCURED PARTIES SALE AT

PUBLIC AUCTION 09-59, RE: RICETTA’S COMMISSARY KITHCEN

100 INDUSTRIAL WAY, PORTLAND, ME
THURSDAY, MARCH 12, 2009 AT 10AM
TERMS: Cash, or your good check, out-of-state checks will require a Bank letter of guarantee. 10% Buyer's Premium. Please
make all checks payable to Keenan Auction Company. Complete payment due day of sale. No exceptions.

Bidding and acknowledgment will be by number only. Please register with the Clerk. Once you become a winning bidder, title
passes (UCC) and you are responsible for your own merchandise. Please watch your merchandise after you have become the
winning bidder. Auctioneer & Seller are not responsible for lost or stolen items.

SALES TAX: 5% Maine sales tax on all items. Dealers or exempt agencies must provide us with a copy of their annual resale
certificate with the clerk at time of registration. Out-of-state residents are subject to Maine sales tax.

REMOVAL OF MERCHANDISE: Items may not be removed until completion of sale and after complete payment has been made.
Complete payment must be received today. Removal is day of sale until 4PM. All items must be removed from the property
Friday, March 13th at 4PM.

DISCONNECTS: Purchaser is responsible for disconnecting any electrical, water, gas, fire protection systems, remote
refrigeration lines and removal of refrigerants for items purchased. These disconnects are to be performed within the guidelines
of industry-accepted standards and are to be performed by a qualified person. Any recovery process for refrigerants will be
conducted in observance of current guidelines, statues, laws, and policies of the federal, state, and local agencies and/or other
governing parties. Purchaser of the Walk-in Cooler/Freezer must fill in the trough in the floor with concrete suitable to the
landlord’s specifications.

WARRANTIES: While descriptions are believed to be correct, the Auctioneer and the Seller make no warranties or guarantees,
expressed or implied as to the genuineness, authenticity of, or defects in any lot, and will not be held responsible for advertising
discrepancies or inaccuracies. Purchaser acknowledges that purchaser has had the opportunity to inspect the lots and that
everything is sold on an "AS IS", "WHERE IS" basis except as expressly made in writing. No warranties are made as to the
merchantability of any item or their fitness for any purpose.

Auctioneer and Seller do not guarantee the accuracy or completeness of the information contained in this catalog. Purchasers
should verify and inspect desired items prior to bidding.

Purchaser does hereby indemnify and hold harmless Auctioneer and Seller from any and all damages and claims of any type
whatsoever, caused during the sale or arising out of the sale, or by the removal of the items purchased. Purchasers will be held
responsible for any damage they may create to the property, other items at the sale, or parties during the removal process.
If any dispute arises between two or more bidders, the Auctioneer at his sole option may put up the lot again for sale at once and
resell to the highest bidder.

The Auctioneer reserves the right to bid and to reject any and all bids including any bid, which is only a fractional advance over the
preceding bid. The Auctioneer reserves the right to group one or more lots into one or more selling lots and to add to or delete
from lots at Auctioneer's sole discretion. Absentee bids will be accepted with proper completion of bid form.

In the event the Purchaser fails to pay the whole of the purchase price within the time set forth by the Seller, and/or fails to comply
with any of the Terms and Conditions of Sale, the Seller may retain and/or recover the deposit specified as liquidated damages,
and in addition thereto, can be resold at public or private sale without further notice. Any deficiency resulting from such resale
shall be paid to the Seller by such resale and enforcement of the obligation there under. Buyer agrees to pay any and all charges
and expenses incurred by reason of any breach of the Terms and Conditions of Sale, including without limitation reasonable
attorney's fees.

PLEASE NOTE: You have signed a written binding contract agreeing to the Terms and Conditions of Sale, and understand that
any bid you make falls under the Maine Auction Law, Title II, Section 2-328 of the Uniform Commercial Code, and the Statute of
Frauds. Maine auctions are under the jurisdiction of the State of Maine Department of Professional and Financial Regulations,
Board of Licensure of Auctioneers, 35 State House Station, Augusta, Maine, 04330. If you do not agree with the Terms and
Conditions of the Sale, please return your bidding card to the clerk.

AUCTIONEERS - APPRAISERS
ONE RUNWAY RD.
Keenan SO. PORTLAND, MAINE 04106
TEL (207) 885-5100
Auction FAX (207)885-5877
ME.AUCT. LIC. #236

Company ME. R.E. LIC. #2175

Email: info@keenanauction.com