* DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, all available due diligence materials, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

* DO NOT bid unless you've reviewed all due diligence materials and agree to be bound by the Contract and all other Terms of Sale and disclosures.

* BUYER ACKNOWLEDGES RECEIPT OF CURRENT LEASE AGREEMENTS AND AGREES TO BE BOUND BY SAME. UPON EXPIRATION OF CURRENT LEASE AGREEMENTS BUYER ACCEPTS RESPONSIBILITY FOR EVICTION, LEASE OR RENTAL NEGOTIATION, OR OTHER REMEDIATION, AS BUYER FINDS NECESSARY IN ORDER TO CLARIFY LEGAL OCCUPANCY STATUS. BUYER AGREES TO HOLD SELLER, WILLIAMS & WILLIAMS, AND ITS AGENTS HARMLESS FROM ANY AND ALL RESULTS THEREIN. BUYER ACKNOWLEDGES AND UNDERSTANDS CURRENT SECURITY DEPOSIT HELD AND ANY RENT PAID IN THE MONTH OF CLOSING, IF ANY, WILL BE PRORATED AT CLOSING.

* All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

* Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located.

* Property Tax Disclosure Summary: Buyer Should Not Rely On The Seller's Current Property Taxes As The Amount Of Property Taxes That The Buyer May Be Obligated To Pay In The Year Subsequent To The Purchase. A Change Of Ownership Or Property Improvements Triggers Reassessments Of The Property That Could Result In Higher Property Taxes. If You Have Any Questions Concerning Valuation, Contact Property Appraiser's Office For Information.

* Square Footage/Acreage Disclosure. The source of the square footage or acreage represented for the property is from public record. Buyer understands and acknowledges that square footage or acreage measurements of a property can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, survey, etc.). Buyer shall be solely responsible for satisfying that the size and/or square footage or acreage of the property is acceptable to the Buyer.

* Personal Property Not Included. Only title to the real estate is being conveyed. Personal property may be present, but is not included in the auction. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.

* Zone, Code, and Use Disclosure. Buyer acknowledges that the Property shall be purchased "AS-IS, WHEREIS, WITH ALL FAULTS." The Property may be subject to city, village, and/or county code or zoning violations, and Buyer accepts the property subject to any such violations. Buyer agrees to conduct an independent search of all property records in the city, county, and/or village prior to bidding and has bid accordingly. Buyer shall be responsible for any and all required remediation of the property, if any. Buyer shall not rely on any information provided by the Seller or Williams & Williams regarding the status of any code or zoning violations, and shall base its decisions on its independent inspection. Buyer also acknowledges that the property may be subject to city, village, and/or county occupancy regulations and requirements which may impact the current and/or future use of the properties. Buyer acknowledges that the seller and Williams & Williams make no warranties of any nature, express or implied, as to the permitted uses of the property, and any prohibition of buyer's intended use of the property shall not be a grounds for terminating the contract.

* Well Potability Disclosure. Neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this Property. Buyer is purchasing the Property as-is, where-is.

* Wastewater Treatment Disclosure. The Property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the Property as-is, where-is with no warranties or assertions by Seller, Williams & Williams, or their agents as to the condition thereof. The Property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at Buyers expense.

* Pictures may not reflect specific parcel, entire parcel, or current conditions of any structures that are present.

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF SIGNAL HILL, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA AND IS DESCRIBED AS FOLLOWS: LOTS 3, 4, 5, 6, 7, 8, 9 AND 10 IN BLOCK 2 OF TRACT NO. 4826, IN THE CITY OF SIGNAL HILL, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 53, PAGE 22 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THE INTEREST IN THE OIL, GAS, HYDRICARBONS AND OTHER MINERALS ON OR UNDER SAID LAND RESERVED IN DEED FROM HEREFORD BERRY AND MINIE F. BERRY, HIS WIFE, DATED MARCH 18, 1922 RECORDED IN BOOK 819, PAGE 327 OF OFFICIAL RECORDS, UPON THE TERMS AND CONDITIONS THEREIN SET FORTH, TOGETHER WITH RIGHTS OF ENTRY, AND OTHER RIGHTS OR EASEMENTS, IN CONNECTION THEREWITH. ALSO EXCEPT FROM SAID LOT 4, ALL OIL, MINERAL AND CARBOHYDRATE SUBSTANCES, AS RESERVED IN THE DEED FROM SRENA REISS, A WIDOW, RECORDED APRIL 27, 1928 IN BOOK 27036, PAGE 214 OF OFFICIAL RECORDS. ALSO EXCEPTING AND RESERVING FROM LOT 3, ALL OIL, GAS AND OTHER HYDROCARBON SUBSTANCES IN OR UNDER SAID LOT 3, WITH NO RIGHT OF ENTRY UPON THE SURFACE OF SAID PREMISES, AS RESERVED IN THE DEED FROM MAUDE A, MORATH, A WIDOW, JOHN W. HANCOCK AND BERNICE W. HANCOCK, HUSBABD AND WIFE, RECORDED MAY 29, 1952 IN BOOK 39051, PAGE 260 OF OFFICIAL RECORDS.