• Due diligence materials (environmental, survey, title, contract, etc.) available under cover of CNRA.

• See “Closing Costs” paragraph of the Contract for additional closing costs associated with this property.

· Shared Element Disclosure.  Buyer acknowledges and understands that Property has a shared access with appurtenant/adjacent neighbors. Buyer agrees to keep open and unobstructed for its use therein.

• Flood Plain Disclosure.  Buyer acknowledges and understands that the Property may lie in a flood zone. Buyer is purchasing the Property as-is, where-is, and accepts all responsibility at buyer's sole expense for any remediation, fees, or terms required as a result of the Property being within a flood plain.

· Wetlands Disclosure. This Property may contain protected wetlands area.  Buyers should investigate this issue to confirm that anticipated uses of the Property will be allowed by zoning authorities. Due to lot size, wetlands restrictions and configuration, special permission may be required from the zoning authority prior to any construction on the Property. Buyer accepts responsibility for inspections and discovery of applicable land use and zoning regulations and agrees to comply with all regulatory requirements regarding use and remediation. Buyer is purchasing the Property as-is, where-is, and is responsible for all costs, improvements, and remediation therein.  Buyer further acknowledges and understands that neither the Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of said Property herein. New owner will need to pay a fee to develop this parcel or obtain a DEP permit to create wetlands elsewhere.

• Buyer acknowledges that Bank of America employees and their spouse, domestic partners, dependent children and business entities in which an employee has an interest are prohibited from purchasing the properties.

• No Buyer Broker compensation will be offered

• 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.

• 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.

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

Real property, in the City/Town of Belfast, County of Waldo, and State of Maine. Being that real property, situated in the City of Belfast, County of Waldo, and State of Maine, described as follows: A certain of lot or parcel of land situate in Belfast in the County of Waldo and State of Maine, being a part of lot No. 35 and 36 in the First Division of lots and part of lot No. 7 in the Second Division of lots and bounded and described as in the follows, to wit: Beginning on the north side of the Augusta Road, so called, near the ledge in said road at the southerly end of where an old stone wall formerly stood at the southeasterly corner of the fairgrounds of The New Belfast Fair, so called; thence running North 11° East thirty (30) rods in the line of what was formerly an old stone wall to a stake; thence North 6° 45' East sixty (60) rods to a stake in the northeasterly corner of said fairgrounds, said point is the southeasterly corner of the premises conveyed from Fred A. Johnson to H. C. Buzzell by deed dated November 24, 1945, and recorded in the Waldo County Registry of Deeds in Book 456, Page 261; thence northerly and in the easterly line of the land conveyed from Fred A. Johnson to H. C. Buzzell one hundred fifty (150) feet to the northeasterly corner thereof; thence at a right angle with the northerly line of said Belfast  fairgrounds to a point two hundred (200) feet easterly of the northwesterly corner of the premises conveyed from Fred A. Johnson to H. C. Buzzell by deed aforedescribed; thence southerly and on a line parallel to the easterly line of the Johnson to Buzzell parcel and continuing southerly on a line parallel to the easterly bound of the fairground lot, so called, as described in the deed from George L. Slipp to the New Belfast Fair to the southerly line thereof, thence South 85° 30' East forty (40) rods more or less, to a stake at the northwesterly corner of the entrance to said fairgrounds; thence South 11° West thirty (30) rods to said road; thence easterly by said road four (4) rods to the point of beginning. 

Also conveying a certain lot or parcel of land situate in Belfast in the County of Waldo and State of Maine, bounded and described as follows, to wit: Beginning at the southwesterly corner of the premises conveyed from George L. Slipp to The New Belfast Fair by deed dated May 19, 1924, and recorded in the Waldo County Registry of Deeds in Book 358, Page 63; thence northerly and in said westerly bound and passing through its northwesterly corner and continuing on in the westerly line of land conveyed from Fred A. Johnson to H. C. Buzzell by deed dated November 24, 1945, and recorded in the Waldo County Registry of Deeds in Book 456, Page 261, to the northwesterly corner thereof; thence easterly and in the northerly line thereof two hundred (200) feet to a point; thence southerly and on a line parallel to the westerly bound of the premises conveyed by Fred A. Johnson to H. C. Buzzell and George L. Slipp to The New Belfast Fair to the southerly line thereof; thence westerly and in said southerly line two  hundred (200) feet to the point of beginning.

EXCEPTING from the above the parcel of land conveyed by Bracebridge Corporation to the  Inhabitants of the City of Belfast dated February 9, 2005 and recorded in said Registry in Book 2722, Page 90, described as follows: Beginning at an iron pin on the right of way of State Route 3 at the southeasterly corner of land now or formerly owned by New England Pizza LLC; thence proceeding northeasterly along land now or formerly owned by said New England Pizza LLC and land now or formerly owned by Charles L. and Florence A. Boynton to an iron pin a distance of five hundred thirteen and thirty-hundredths (513.30) feet on a bearing of north twelve degrees fifty minutes twenty seconds east (N. 12° 50' 20" E); thence southeasterly along land now or formerly owned by Bracebridge Corporation to an iron pin a distance of sixty five and seventy-six hundredths (65.76) feet on a bearing of south seventy nine  degrees fifty-six minutes east (S 79° 56' 00" E); thence southwesterly along land now or formerly of Ren-Bro Incorporated, Charles L. Boynton and Bangor Savings Bank to an iron pin a distance of five hundred ten and six-hundredths (510.06) feet on a bearing of south twelve degrees fifty minutes twenty seconds west (S 12° 50' 20" W); thence along the State highway right of way a distance of sixty six and no-hundredths (66.00) feet on a bearing of north eighty two degrees forty four minutes and thirty eight seconds west (N 82° 44' 38" W) to the point of beginning. 

TOGETHER WITH the right of way reserved by Bracebridge Corporation, its successors and assigns, for all purposes of a right of way, including without limitation vehicular and pedestrian ingress, egress and regress, and the installation, maintenance, repair and replacement of utility services and
conduits, over the entire parcel conveyed by Bracebridge Corporation to the Inhabitants of the City of Belfast dated February 9, 2005 and recorded in said Registry in Book 2722, Page 90, subject to the provisions therein.

ALSO TOGETHER WITH the rights of way and easements reserved by Bracebridge Corporation in its Corporate Warranty Deed to DownEast Wholesalers, Inc. dated March 25, 2004 and recorded in Book 2574, Page 134 of the aforesaid records. The rights and easements over and upon each of the Drainage Easement Premises and the Access Easement Premises are subject to the provisions contained within the aforementioned Deed.