EXHIBIT “A”

TERMS AND CONDITIONS

SUGAR CREEK FARMS CAMPGROUND

Eatonton, Putnam County, GA

Saturday, May 7^th @ 11:00 AM

These “Terms and Conditions” supersede all other printed and oral statements and will be attached to and become a part of the Real Estate Sales Contract as Exhibit “A”, which will prevail over this document and any other agreement between the Buyer and Seller.

CONDITIONS OF SALE: Dempsey Auction Company (Auctioneer/Broker) has entered into a contract with Oconee Properties, Inc (Seller), TO OFFER AT ABSOLUTE AUCTION, (40) parcels of real estate located in Sugar Creek Farms Campground, Eatonton, Putnam County, GA.

All property, real and personal, is selling “AS IS, WHERE IS” and being conveyed by Seller as provided for below. It is offered for sale and sold “AS IS and WITH ALL FAULTS, IF ANY” without representation or warranty of any kind as to their condition. No warranties, either statutory or otherwise, expressed or implied, including those as to the fitness for a particular use or purpose, habitability, merchantability, or environmental condition including, but not limited to, any hazardous substances, hazardous waste, petroleum or petroleum by-products (collectively Hazardous Materials), concerning the property are given by the Auctioneer or Seller. Neither the Auction Company nor the Auctioneer makes any representation concerning the property whatsoever. All bidders acknowledge and agree by their participation in the Auction, that he/she has inspected the Property and is not relying on any warranty or representation of the Seller, Auctioneer, or any agent thereof.

We require all bidders to register and obtain a bid number in order to participate in the bidding process.

All decisions of the Auctioneer will be final, including the increments of bidding, disputes among bidders, or any other issues that might arise before, during or after the auction.

The Seller has the right, at their sole discretion, to add or withdraw all or any portion of the property before the auction on Saturday, May 7^th @ 10:00 AM. This property is Selling at ABSOLUTE AUCTION, REGARDLESS OF PRICE.

CONVEYANCE: All real property will be conveyed by Limited Warranty Deed with title insurance available at the purchaser's expense.

RESERVATIONS & RESTRICTIONS: The real estate will be sold subject to any and all restrictions, public utilities, encroachments, zoning ordinances, easements, Putnam County regulations, protective covenants, any existing rights of way and all other matters now of record or shown on attached plat/tax maps.

SUGAR CREEK FARMS CAMPGROUND: There is NO community water service to the lots on Big Bass St and as per HOA Bylaws, there will be NO water run to these lots. Power has not been run along Big Bass St. IF Buyer joins the HOA, they will be subject to any and all regulations of record for the Association.

ONLINE PURCHASERS’ PAYMENT: At the close of the auction, successful bidders of the real estate will be emailed the contract package to execute and return to Dempsey Auction Co. Successful bidders will deposit 20% of the Contract Price as earnest money in the form of cashier’s check or bank wire transfer with Dempsey Auction Co within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Terms and Conditions”. Purchaser shall be responsible for all wire transfer fees. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). Buyers of the personal property shall pay in full at the conclusion of the auction. All Administrative Fees are non-refundable.

DEFAULT: In the event, a winning bidder fails to submit the signed “Sales Contract” and deposit earnest money as provided in the pre-stipulated Terms and Conditions, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Dempsey Auction Co and the Sellers as provided in the Terms and Condition and the Sales Contract.

PAYMENT: A 10% Buyer’s Premium will be added to the Bid Price on all real estate and personal property today to arrive at the final purchase price. The purchaser will be required to sign the Real Estate Sales Contract and pay a non-refundable earnest money deposit equal to 20% of the final purchase price immediately following the Auction upon acceptance. This payment may be made with either a personal or company check. This deposit will be held in a non-interest-bearing escrow account under the control of Dempsey Auction Co. No disbursements will be made from this escrow account until closing or otherwise in accordance with this agreement. In the event the purchaser fails to close and pay his/her balance when due, the deposit may be retained by the Seller and Auctioneer as liquidated damages in addition to any other remedies available to the Seller and Auctioneer.

SURVEY: No surveys were performed for this auction, however there is a prior survey of record recorded in the office of the Clerk of Superior Court of Putnam County, GA in Plat Book #10, Page #198; and the property is being conveyed by legal description contained within the actual deed of record in Office of the Clerk of Superior Court of Putnam County. The accuracy of the recorded survey is the sole liability of the original Surveyor, and the Purchaser does hereby release the Seller and Dempsey Auction Co from all liability in all matters concerning the survey and staking of said lots.

CLOSING: Closing shall take place within 30 days of auction, in accordance with the Real Estate Sales Contract, or on a date mutually agreed upon by the Seller and Purchaser(s) in writing. The closing attorney is Mr. Jay Dell, JV Dell, PC located at 1040 Founders Row, Suite B, Greensboro, GA 30642. We encourage you to contact Mr. Dell’s office as soon as possible to discuss the closing – 706.453.4800.

CLOSING COSTS: The Seller will pay their share of the prorated property taxes and provide a Limited Warranty Deed at closing. If for some reason the Seller is unable to convey good and marketable title to the property, unless otherwise noted, the Purchaser(s) Earnest money deposit will be returned.

All other costs including, but not limited to, Attorney’s Closing Fees, Recording and Handling Fees, Deed Transfer Taxes, Title Search, Title Insurance, Loan Origination Fees, etc., will be at the Purchaser’s expense.

POSSESSION: Purchaser(s) will be granted possession of real estate at closing, on or before June 6, 2022

TAXES: The 2022 Real Estate property taxes will be prorated to the date of closing.

AGENCY: The Auctioneer is acting as agent for the seller only in this transaction and is to be paid a fee pursuant to a separate written agreement between seller and the Auctioneer. The Auctioneer is not acting as an agent for the purchaser in this transaction. Any third-party broker is not a sub-agent of the Auctioneer.

BUYER’S NOTE: Dempsey Auction Company and the Seller reserve the right to amend any terms of conditions of the auction by announcing such amendments prior to or during the auction. All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller or the Auctioneer. The Auctioneer makes no warranty or guarantee as to the correctness and completeness of any information. Personal on-site inspection of the property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer, or earnest money after its opening tender. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information.

METHOD of SALE: DAC reserves the right to offer the property any way we see fit to obtain the seller the most money.

Dempsey Auction Company is the “Agent of the Seller”, and our fiduciary duties of loyalty and faithfulness are owed to the Seller, OCONEE PROPERTIES, INC.

NOTE: This auction is being recorded by audio in its entirety for legal purposes.

I have received, read, understand, and agree to the information in these “Terms and Conditions” which will become a part of the sales contract and will hereafter be Exhibit “A”.

40 RECREATIONAL LOTS LAKE OCONEE, EATONTON, PUTNAM CO, GA ABSOLUTE AUCTION