ONLINE ONLY
March 4th at 8am- March 11th at 4pm
PROPERTY ADDRESS
Auction Lots 5-7, 20, 21, 200 & 201
174 Airport Road
Rockingham, NC
Auction Lots 181-190
713 Crawford Rd.
Ellerbe, NC
Auction Lot 15
Supply, NC
Auction Lots 22-25
Ned's Pawn Shop
Rockingham, NC
INSPECTIONS
All Auction Lots Except Auction Lot 15
March 10th and 11th form 11am-2pm or by appointment
Auction Lot 15 by Appointment Only
CHECKOUT
All Auction Lots Except Auction Lot 15
One Day Only
March 13th from 9am-3pm
Auction Lot 15 Can Be Picked Up By Appointment
PROPERTY DESCRIPTION
2015 Entegra 45B Cornerstone Coach
1973 Mercedes Benz 107 (450SL) Convertible
1931 Ford Model A
2007 Chevrolet Colorado
1988 Chevrolet Silverado 1500 4x4
2009 GMC Denali XL (Selling for the U.S. Bankruptcy Court Middle District of NC Greensboro Division Case 18-10792)
2000 Kenworth W900 Road Tractor (Selling for the U.S. Bankruptcy Court Middle District of NC Winston-Salem Division Case 19-51341C-13)
2002 Sea Pro 210 Center Console Boat
2018 Montana 360th Toy Hauler 5th Wheel Camper (Selling for the U.S. Bankruptcy Court Middle District of NC Winston-Salem Division Case 19-51341C-13)
2002 Sea Pro 210 Center Console Boat
Peter Lik Art "Island Dreams" Limited Edition 262 of 950
Framed, Under Glass, 76" x 37", Certificate of Authenticity, (Selling for the U.S. Bankruptcy Court Case 18-30688), 6.75% Sales Tax
Peter Lik Art "Enchanted Morning" Limited Edition 383 of 950
Martha's Vineyard Massachusetts, Framed, Under Glass, 56" x 43", Certificate of Authenticity
Selling for the U.S. Bankruptcy Court Case 18-30688) 6.75% Sales Tax Applies
2016 John Deere 5055E Tractor
2018 Kubota MX5200D
2004 Bobcat Skid Steer
2019 Lewis Poultry Housekeeper Model #2
2007 Lewis Poultry Housekeeper Model DB-1
2016 Lewis Poultry Housekeeper
2017 H&H Farm Machine Sprayer
2016 John Deere Gator TX 4x2
Creek View Compost Predator Windrower
2012 John Deere 5045D Tractor w/ 512 Loader Boom and Bucket
John Deere LT160 Lawn Mower
75th Anniversary Boy Scouts of America Commemorative Winchester Model 9422
75th Anniversary Boy Scouts of America Commemorative Winchester Model 9422
Wells Fargo & Co. Commemorative 30-30 Winchester Model 1894 Carbine
Chief Crazy Horse Commemorative 38-55 Winchester Model 94
Importance of Terms:
Please take the time to read the following set of terms and conditions for the online auction. When you register to bid, you will have to acknowledge that you have read these terms and conditions. If you intend to register the following items will pertain to you.
Agency:
Iron Horse Auction Company, Inc. is acting as agent of the Seller and at no time acting on behalf of the Buyer.
Buyer's Premium:
There will be a Ten percent (10%) Buyer’s Premium added to the final bid price to determine the final contract purchase price. Should the buyer pay by credit card for their purchases totaling or individually greater than $5,000.00 there will be an additional Three Percent (3%) credit card processing fee applied to the transaction totaling (13%). If you plan to pay with cash or certified funds please let our office know before this auction ends so we will not charge the credit card on file. NO CREDIT CARDS FOR TITLED VEHICLES AND TRAILERS. Sales tax applies to auction lot 20-25 & 200-201.
$25.00 FFL Transfer Fee per gun
All firearm transfers will be in strict accordance with all Federal, State and local laws. Be sure to check your country, state and local laws before bidding, If you are unable to receive, purchase or own a firearm according to your residency laws, do not bid on these items. If you bid and find out later you cannot legally own/accept delivery, the bid is still a valid contract and the buyer is still responsible for payment. All guns located at Ned's Pawn Shop in Rockingham, NC. 6.75% Sales Tax
Auction Ending:
Iron Horse Auction Company, Inc. Online Auctions are timed events and all bidding will begin to close at a specified time. Iron Horse Auction Company, Inc. online auctions also have an auto-extend feature. Any bid placed in the final ten minutes for an auction item will automatically extend the auction item ten minutes from the time the bid was placed. Example: If an auction item is scheduled to close at 3:00 and receives a bid at 2:51, the close time will automatically extend to 3:01. The auto-extend feature will continue until there is a ten-minute period without a bid being placed on each item in the auction. We will close 10 auction lots per 5 minutes.
Outbid Notification:
During this auction process, there is a chance that you will be over bid. At that time you will receive an outbid notification. The bidding software will notify bidders by email or when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections and speed, sometimes email notifications can be delayed. We are not responsible for failure of any part of the bidding process or internet bidding.
Property Information & Inspection:
Iron Horse Auction Company, Inc. is not responsible for any missing or incorrect listing information. Iron Horse Auction Company, Inc. has attempted to provide accurate descriptions; however, it is the Bidder's responsibility to conduct any inspections to determine the condition and feasibility of the Bidder’s intended use. Descriptions that are provided by Iron Horse Auction Company, Inc. are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have either personally inspected the items being sold, hired an agent to inspect the items being sold, or waived your right to inspect the items being sold. Placing a bid creates a contractual agreement to purchase the items being sold at the high bid price plus a Buyer’s Premium and any additional fees including shipping.
Auctioneer's Discretion:
Iron Horse Auction Company, Inc. has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Iron Horse Auction Company, Inc. or the Seller.
Server & Software Technical Issues:
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Iron Horse Auction Company, Inc., AuctionMethod, and the Seller reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Iron Horse Auction Company, Inc., AuctionMethod, or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Iron Horse Auction Company, Inc. may send email notifications to registered Bidders with updated information as deemed necessary.
Payment Terms:
Payment is due in full at the conclusion of the auction. No items will be released from the auction site without a valid paid invoice. NO EXCEPTIONS. THERE WILL BE A $25.00 CHARGE ON ALL DECLINED CREDIT CARDS! CREDIT CARDS WILL NOT BE CHARGED FOR INVOICES OVER $2,000.01.
Property Condition:
All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. The sale of an item is not negotiable if you are not the winning bidder of other items. If you bid on an item, you will pay and pick up that item.
Legal Interpretations:
The laws of the State of North Carolina and the United States shall interpret this document.
Disputes:
Any and all disputes, claims or causes of action arising out of or relating to the sale shall be heard in the United States Bankruptcy Court of North Carolina having jurisdiction over the case. The bidder agrees that the Bankruptcy Court shall retain the exclusive and sole jurisdiction to resolve any controversy or claim arising out of or relating to the sale or the implementation or the breach of any contract resulting from the sale. The bidder consents to the core jurisdiction of the Bankruptcy Court, to the constitutional authority of the Bankruptcy Court to enter a final judgment and agrees to waive any right to a jury trial in connection with any disputes related to or arising out of its participation in the sale.
Foreign Bidders:
The Auctioneer may disregard any bid and the Trustee may set aside any sale to a bidder who is not domiciled in the United States unless such bidder irrevocably appoints an agent for service of process in the United States to the satisfaction of the Trustee. The Auctioneer must receive notice of such appointment within 24 hours after the conclusion of the bidding.
Auction Bidder and/or Buyer Default:
The Successful Bidder and/or Buyer not attempting to settle their invoice within 48 hours of the conclusion of the auction will be considered in default and will be black-flagged in our database as a Non-Paying Bidder. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder and/or Buyer in the event the successful high Bidder and/or Buyer does not comply with the terms of the sale. By bidding on the items in the auction, the Buyer agrees to all terms and conditions set forth. By registering and placing a bid, you agree that if you happened to become a Default Bidder or Non-Paying Bidder, Iron Horse Auction Company, Inc. has the right to charge your credit card for the entire balance of your invoice. If Iron Horse Auction Company, Inc. is able to sell your item to the next highest qualified Bidder at a price lower than the auction high bid price, the Default Bidder agrees to allow Iron Horse Auction Company, Inc. to charge their credit card for the difference in their high bid price and the actual selling price to the back-up Bidder.
Auction Cancellation – Bid Rejection:
Iron Horse Auction Company, Inc. reserves the right to reject any and all bids for any reason. Iron Horse Auction Company, Inc. reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed.
Acceptance of Bid Prices:
All bids are subject to Seller confirmation. Any and all inspections that a Buyer may want must be completed at the Buyer’s expense prior to the end of the auction. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder if the winning Bidder is in default of these terms. In the event that you find yourself as a Bidder in default, you will be black-flagged as a NON-PAYING BIDDER and not allowed to participate in any further Iron Horse Auction Company, Inc. or AuctionMethod member auctions.
Possession:
Items are not released from auction sites or facilities until the Buyer has a paid invoice. The Buyer shall insure their items once they have been deemed the winning Bidder. Titles may take up to 15 business days to be received. Bidders consent that when bidding on titled vehicles under the jurisdiction of the United States Bankruptcy Court, title processing will be delayed. By registering the bidder consents the rules pertaining to title processing times set forth by the NCDMV do not apply to this transaction and understand that the Auctioneer can only provide a title once the transaction is approved by the Trustee / United States Bankruptcy Court and the title is processed by the Creditor.
Bidder Verification:
The identity of all Bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Iron Horse Auction Company, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Iron Horse Auction Company, Inc. reserve the right to refuse service to any person who we feel to be fraudulent.
Bidder Responsibilities:
Bidder responsibilities include but are not limited to: Bidders agree to keep their username and password confidential, as they are responsible for any and all activity involving their account. When using the website, you must obey any and all local, state, and federal laws. Violations will result in termination of website use privileges. We gather aggregate information from the website, which may include but is not limited to: the number of page visitors, most visited pages, and any and all correspondence.
Guaranty Agreement:
By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment in full to Iron Horse Auction Company, Inc.
Age Requirement:
All bidders must be eighteen (18) years of age or older.
Check Out:
Any items not picked up by the winning Bidder, or their preferred shipper they have hired and scheduled, after the last scheduled day of check out, will be considered forfeited and abandoned. No refunds or adjustments will be given.
Please take the time to read the following set of terms and conditions for the online auction. When you register to bid, you will have to acknowledge that you have read these terms and conditions. If you intend to register the following items will pertain to you.
Agency:
Iron Horse Auction Company, Inc. is acting as agent of the Seller and at no time acting on behalf of the Buyer.
Buyer's Premium:
There will be a Ten percent (10%) Buyer’s Premium added to the final bid price to determine the final contract purchase price. Should the buyer pay by credit card for their purchases totaling or individually greater than $5,000.00 there will be an additional Three Percent (3%) credit card processing fee applied to the transaction totaling (13%). If you plan to pay with cash or certified funds please let our office know before this auction ends so we will not charge the credit card on file. NO CREDIT CARDS FOR TITLED VEHICLES AND TRAILERS. Sales tax applies to auction lot 20-25 & 200-201.
$25.00 FFL Transfer Fee per gun
All firearm transfers will be in strict accordance with all Federal, State and local laws. Be sure to check your country, state and local laws before bidding, If you are unable to receive, purchase or own a firearm according to your residency laws, do not bid on these items. If you bid and find out later you cannot legally own/accept delivery, the bid is still a valid contract and the buyer is still responsible for payment. All guns located at Ned's Pawn Shop in Rockingham, NC. 6.75% Sales Tax
Auction Ending:
Iron Horse Auction Company, Inc. Online Auctions are timed events and all bidding will begin to close at a specified time. Iron Horse Auction Company, Inc. online auctions also have an auto-extend feature. Any bid placed in the final ten minutes for an auction item will automatically extend the auction item ten minutes from the time the bid was placed. Example: If an auction item is scheduled to close at 3:00 and receives a bid at 2:51, the close time will automatically extend to 3:01. The auto-extend feature will continue until there is a ten-minute period without a bid being placed on each item in the auction. We will close 10 auction lots per 5 minutes.
Outbid Notification:
During this auction process, there is a chance that you will be over bid. At that time you will receive an outbid notification. The bidding software will notify bidders by email or when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections and speed, sometimes email notifications can be delayed. We are not responsible for failure of any part of the bidding process or internet bidding.
Property Information & Inspection:
Iron Horse Auction Company, Inc. is not responsible for any missing or incorrect listing information. Iron Horse Auction Company, Inc. has attempted to provide accurate descriptions; however, it is the Bidder's responsibility to conduct any inspections to determine the condition and feasibility of the Bidder’s intended use. Descriptions that are provided by Iron Horse Auction Company, Inc. are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have either personally inspected the items being sold, hired an agent to inspect the items being sold, or waived your right to inspect the items being sold. Placing a bid creates a contractual agreement to purchase the items being sold at the high bid price plus a Buyer’s Premium and any additional fees including shipping.
Auctioneer's Discretion:
Iron Horse Auction Company, Inc. has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Iron Horse Auction Company, Inc. or the Seller.
Server & Software Technical Issues:
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Iron Horse Auction Company, Inc., AuctionMethod, and the Seller reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Iron Horse Auction Company, Inc., AuctionMethod, or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Iron Horse Auction Company, Inc. may send email notifications to registered Bidders with updated information as deemed necessary.
Payment Terms:
Payment is due in full at the conclusion of the auction. No items will be released from the auction site without a valid paid invoice. NO EXCEPTIONS. THERE WILL BE A $25.00 CHARGE ON ALL DECLINED CREDIT CARDS! CREDIT CARDS WILL NOT BE CHARGED FOR INVOICES OVER $2,000.01.
Property Condition:
All items in this auction are selling “AS-IS, WHERE IS” with all faults, if any. Iron Horse Auction Company, Inc. makes no representations or warranties, expressed or implied, concerning the items being sold. Descriptions of the items are believed to be correct but are not guaranteed. It is the Buyer’s responsibility to conduct any inspections prior to the auction. All due diligence periods end the date the auction is scheduled to end and prior to the end of the auction. It is possible that the property being sold is subject to local, state and federal regulatory authorities and it is the Buyer’s responsibility to ascertain if they are subject to regulation and permitting. Iron Horse Auction Company, Inc. has attempted to find or locate all information deemed material facts. Ultimately, it is the Buyer’s responsibility to inspect all aspects of the items before placing a bid. No sale shall be invalidated by the Buyer as a result of he/she not conducting their own inspection prior to placing a bid or doing due diligence. It is automatically acknowledged by placing a bid that you have personally inspected the property, hired an agent to inspect the property, or waived your right to inspect the property. The sale of an item is not negotiable if you are not the winning bidder of other items. If you bid on an item, you will pay and pick up that item.
Legal Interpretations:
The laws of the State of North Carolina and the United States shall interpret this document.
Disputes:
Any and all disputes, claims or causes of action arising out of or relating to the sale shall be heard in the United States Bankruptcy Court of North Carolina having jurisdiction over the case. The bidder agrees that the Bankruptcy Court shall retain the exclusive and sole jurisdiction to resolve any controversy or claim arising out of or relating to the sale or the implementation or the breach of any contract resulting from the sale. The bidder consents to the core jurisdiction of the Bankruptcy Court, to the constitutional authority of the Bankruptcy Court to enter a final judgment and agrees to waive any right to a jury trial in connection with any disputes related to or arising out of its participation in the sale.
Foreign Bidders:
The Auctioneer may disregard any bid and the Trustee may set aside any sale to a bidder who is not domiciled in the United States unless such bidder irrevocably appoints an agent for service of process in the United States to the satisfaction of the Trustee. The Auctioneer must receive notice of such appointment within 24 hours after the conclusion of the bidding.
Auction Bidder and/or Buyer Default:
The Successful Bidder and/or Buyer not attempting to settle their invoice within 48 hours of the conclusion of the auction will be considered in default and will be black-flagged in our database as a Non-Paying Bidder. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder and/or Buyer in the event the successful high Bidder and/or Buyer does not comply with the terms of the sale. By bidding on the items in the auction, the Buyer agrees to all terms and conditions set forth. By registering and placing a bid, you agree that if you happened to become a Default Bidder or Non-Paying Bidder, Iron Horse Auction Company, Inc. has the right to charge your credit card for the entire balance of your invoice. If Iron Horse Auction Company, Inc. is able to sell your item to the next highest qualified Bidder at a price lower than the auction high bid price, the Default Bidder agrees to allow Iron Horse Auction Company, Inc. to charge their credit card for the difference in their high bid price and the actual selling price to the back-up Bidder.
Auction Cancellation – Bid Rejection:
Iron Horse Auction Company, Inc. reserves the right to reject any and all bids for any reason. Iron Horse Auction Company, Inc. reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed.
Acceptance of Bid Prices:
All bids are subject to Seller confirmation. Any and all inspections that a Buyer may want must be completed at the Buyer’s expense prior to the end of the auction. Iron Horse Auction Company, Inc. reserves the right to sell to the next highest qualified Bidder if the winning Bidder is in default of these terms. In the event that you find yourself as a Bidder in default, you will be black-flagged as a NON-PAYING BIDDER and not allowed to participate in any further Iron Horse Auction Company, Inc. or AuctionMethod member auctions.
Possession:
Items are not released from auction sites or facilities until the Buyer has a paid invoice. The Buyer shall insure their items once they have been deemed the winning Bidder. Titles may take up to 15 business days to be received. Bidders consent that when bidding on titled vehicles under the jurisdiction of the United States Bankruptcy Court, title processing will be delayed. By registering the bidder consents the rules pertaining to title processing times set forth by the NCDMV do not apply to this transaction and understand that the Auctioneer can only provide a title once the transaction is approved by the Trustee / United States Bankruptcy Court and the title is processed by the Creditor.
Bidder Verification:
The identity of all Bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Iron Horse Auction Company, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Iron Horse Auction Company, Inc. reserve the right to refuse service to any person who we feel to be fraudulent.
Bidder Responsibilities:
Bidder responsibilities include but are not limited to: Bidders agree to keep their username and password confidential, as they are responsible for any and all activity involving their account. When using the website, you must obey any and all local, state, and federal laws. Violations will result in termination of website use privileges. We gather aggregate information from the website, which may include but is not limited to: the number of page visitors, most visited pages, and any and all correspondence.
Guaranty Agreement:
By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment in full to Iron Horse Auction Company, Inc.
Age Requirement:
All bidders must be eighteen (18) years of age or older.
Check Out:
Any items not picked up by the winning Bidder, or their preferred shipper they have hired and scheduled, after the last scheduled day of check out, will be considered forfeited and abandoned. No refunds or adjustments will be given.