56' Sea Ray Sedan Bridge Yacht / 2001 Chrysler Pt Cruiser / 1998 Chevy Astro VanAuction by: Worley AuctioneersOnline Bidding Only
Began: Thursday, February 25, 2010 at 5:54 PM EST Ended: Monday, March 22, 2010 at 2:00 PM EST DetailsClick on any image to view larger.
A link to download the condition report for the listed 2002 SEA RAY 56' Sedan bridge Yacht as provided by Platinum Yacht Sales has been added to the navigation window on the right side of this page!!! Bank Asset Auction On-Line Auction Ordered Sold by FDIC Selling Assets for: Citizens State Bank BID NOW!!! AUCTION CLOSING DATE:Monday March 22nd @ 2pm Please Contact The Auction manager With Any Questions Or COncerns That You May have: Josh Newell 513.348.6978 Josh@worleyauctions.com Penny Worley 513.310.2596 penny@worleyauctions.com Auction Highlights: 2002 56' SEA RAY SEDAN BRIDGE YACHT ENGINES: T-MAN 2840LE4 V10 (T10) FEATURES: STORED IN INSIDE WAREHOUSE SLEEPS SIX - TWO HEADS (EACH WITH SHOWER) - - FWD DECK SUNPAD - FABRICA CARPET UPGRADE AFT COCKPIT FULL BENCH - WATER FILTRATION SYSTEM AUTOPILOT, RAYPILOT ST - RADAR RL80C W/ OPEN ARR ULTRAWOOD INTERIOR FINISH - TRANSFORMER SHORE PWR I DSS SATELLITE SYSTEM - SEA RAY NAVIGATOR - BLACK CANVAS OPTION -TEAK COCKPIT AND SWIM PLATFORM - CUSTOM FABRIC UPGRADES - BLACK GRANITE GALLEY FLOOR - CUSTOM COCKTAIL TABLE - AURORA DINETTE TOP - BAR STOOLS - 120 VOLT / 60 CYC LE ELECTRIC MUCH MUCH MORE!!!!
Auction Terms
Auction Closing Date: Monday March 22nd @ 2pm Vehicle Removal Will Be Tuesday March 23rd Between the Hours Of 10am and 1pm. INSPECTIONS:The buyer is expected to attend all preview and inspections. Inspection dates are provided for the purpose of inspecting the items for sale. The bidder shall rely on their own inspections and not any description provided by the auctioneer, Owner or their agents written or verbal.All Items are being sold as is where is with no warranty expressed or implied. REGISTRATION DEPOSIT: Worley Auctioneers requires a $100 registration deposit by Credit Card prior to bidding in order to participate in any auction. The $100 is NOT CHARGED, it is merely held by your Credit Card Company for the length of up 3 to 7 days. The $100 is Authorized Only, if you make purchases on an auction you will not be charged, this is a complete seperate transaction and you will have no charges against your account. This however may show up as a pending transaction on your account. This is an Industry Standard Practice among Internet Auctions. BUYERS PREMIUM: A 15% buyer's premium will be added to each purchase. If you bid $100.00 at check out you will be charged $115.00. IMPORTANT: This is an ONLINE ONLY AUCTION PLEASE DO NOT BID if you are unable to remove your items during the scheduled removal times NO refunds or chargeback's will be granted due to a lack of removal at the designated times. After the scheduled removal, items will be considered abandoned and you will be charged a removal fee for dispose of your items. WE DO NOT SHIP PAYMENT: The Payment For The 56' Sea Ray Yacht Will Be By Wire Transfer Only. This Payment Is Due By 5:00pm On Tuesday March 23rd. The Payment For The Vehicles Will Be By Credit Card - Visa / Master Card / Discover / American Express This Will Be Collected Automatically At The End Of The Auction TIME OF PAYMENT: Payment For The Sea Ray Yacht Must Be Collected Before Any Items Are Received. If a Credit Card Is Being Used The Card Will Be Charged At The End Of The Auction. Wire Transfers Must Be Received Before Items Can Be Removed. TAX: No Tax Will Be Collected. Tax Will Be Paid Upon Registration.
USE CAUTION: Please be aware that bidders sometimes increase their own bid to price an item out of reach of other bidders. You should immediately review your bids once submitted. If you mistakenly increase your own bid, place your bidder number in the bid field, or make a typo you must immediately contact our office by email use the contact sheet on our website (we must have your request in writing). We will not reverse bids after the auction has closed no exceptions. BUYBACKS ON BEHALF OF SELLERS: In the event that a seller withdraws an item from an online auction prior to the close of the auction, Rasmus may leave the withdrawn item on the catalog and buy the item back on behalf of the Seller in order to establish Rasmus's earned commission and buyer's premium STAGGERED CLOSING: The online auction closes 10 items per minute This feature will close the bidding on intervals. This feature works great with the auto-extend feature to closely emulate a 'live' auction. DYNAMIC CLOSING: The closing time of an item is automatically extended an additional 5 minutes whenever a bid is placed within the last 5 minutes of the item's closing time. Thus, if an item is set to close at 2:00pm, and a bidder places a bid on the item at 1:58pm, the item's closing time will be extended to 2:03pm. If another bid is placed at 2:01pm, the item's closing time will be extended to 2:06pm, and so on. BID NOTIFICATION: If you have been outbid you will be notified by email ONLY UNTIL the last day of the auction --- starting at midnight EST the night before the ending of the auction notices are not sent. To quickly review your bids and see if you have won you can utilize the 'review bids' feature. Items that they have been outbid on will be clearly marked CAUTION: For demonstration purposes various equipment may be joined. Do not assume a lot consists of more than one item simply because they are connected or pictured together. Please inspect the lot numbers and read the descriptions. WARRANTY & CONDITION OF ITEMS SOLD: All items are sold "AS IS, WHERE IS, with NO WARRANTY expressed or implied by the lot number affixed to the item. without any implied or expressed warranty. Keep in mind that these items are used and may have light surface scratches and or dents / dings. Preview is suggested in order to gauge the condition of each piece. Descriptions are believed to be accurate but not guaranteed. When you are not certain of the condition or use of an item please bid accordingly. You are bidding on the described item not the photo. REMOVAL OF ASSETS FROM SALES SITE: Bidders are responsible for their own removal. Removal shall be at the expense, liability, and risk of the bidder. Purchases will be released upon presentation of a paid email receipt. Only a Worley Auctioneers Third Party Release Form will constitute proof of delivery of items. It is important to ensure that movers or anyone picking up items on a bidder's behalf have that bidder's third party release form at the pickup location. NOITEMS WILL BE RELEASED WITHOUT A PAID EMAIL RECEIPT OR A THIRD PARTY RELEASE FORM ABANDONMENT: Any item NOT picked up and/or paid for by the close of the removal period set forth at the head of these Terms and Conditions will be considered abandoned. IMPORTANT! The Auctioneer will have the option of reselling, removing, storing or disposing of items not picked up and/or paid for during the removal period set forth at the head of these Terms and Conditions. Bidders agree to pay all deficiencies and legal, collection, transportation, storage, and disposal expenses associated with delinquent accounts or abandoned items. Bidders further agree that bidders will not charge back items which are not picked up during the removal times set forth at the head of these Terms and Conditions. IMPORTANT! The Auctioneer will have the option of reselling, removing, storing or abandoning, at the expense and risk of the purchase, items not paid for and/or removed within the specific time. The buyer agrees to pay all deficiencies, legal, collection; transportation and storage expenses associated with delinquent accounts or abandoned items. CHOOSE WISELY: We want ever y one to get a good deal and most will. However, when you bid on the wrong item or decide an item is not suited for your intended use, our clients are not willing to assume the cost of your mistakes. When in doubt about condition, completeness or suitability for intended use, please bid accordingly. LIABILITY: Auctioneers and Sellers liability shall be limited to the refund of bidders purchase price. LIMITATIONS: The above-stated Conditions of Sale cannot be altered except in writing by The Auctioneer Please Read Carefully Below, By Participating In This Auction You Agree To Comply By The Following Agreement Set By The F.D.I.C. Purchaser Eligibility Certification By participating in this auction you agree that none of the following applies. Please read carefully to the terms listed below before you bid! The purpose of the Purchaser Eligibility Certification is to identify Prospective DEFINITIONS Affiliated Business Entity. An Affiliated Business Entity of a Prospective Purchaser Associated Person. An Associated Person of a Prospective Purchaser who is an Prospective Purchaser. Contractor. A Contractor is any individual or entity that has submitted an offer to the Delinquent Obligation. A Delinquent Obligation is any debt or duty to pay money to Failed Institution. A Failed Institution is any bank or savings association that has been FDIC. FDIC means the Federal Deposit Insurance Corporation, whether acting in its Prospective Purchaser. A Prospective Purchaser is any individual or entity that has made or intends to make an offer to purchase assets of a Failed Institution from the FDIC. For all purposes of this Certification, an "entity" includes any entity with a legally independent existence, including, without limitation, a trustee; the beneficiary of at least a 25% share of the proceeds of a trust; a partnership; a corporation; an association; or any other organization or society. Substantial Loss. A Substantial Loss is (i) any debt or duty to pay money to the FDIC or a Failed Institution that has an outstanding balance of more than $50,000 and that is more than 90 days past due; (ii) an unpaid final judgment of more than $50,000 regardless of whether it is forgiven in a bankruptcy proceeding; (iii) a deficiency balance following a foreclosure sale of ELIGIBILITY CERTIFICATION A. FDIC Employees. The Prospective Purchaser is not an FDIC employee, the spouse of an FDIC employee, or the minor child of an FDIC employee. B. Delinquent Obligors. Neither the Prospective Purchaser nor any of its Affiliated Business Entities has a Delinquent Obligation. Under certain circumstances, the < p>C. FDIC Contractors. Neither the Prospective Purchaser nor any of its Affiliated Business Entities is a Contractor that has performed services within the past three years relating to any of the assets that the Prospective Purchaser might buy, unless the contract for services allows for the purchase of such assets. Under certain circumstances, the certification required in this paragraph may be waived. For more information about the
D. Officers or Directors of Failed Institutions. Neither the Prospective Purchaser nor any of its Associated Persons has ever been an officer or director of a Failed Institution or of an affiliate of a Failed Institution who (1) has participated in a material way in one or more transactions that caused a Substantial Loss to any such Failed Institution; and (2) in connection with such Substantial Loss has been found by a court or administrative tribunal, or alleged in a judicial or administrative action brought by the FDIC or any E. Debarment from Participation in the Affairs of a Failed Institution. Neither the Prospective Purchaser nor any of its Associated Person(s) has been removed from, or F. Pattern or Practice of Defalcation. Neither the Prospective Purchaser nor any of its Associated Person(s) has borrowed money or guaranteed loans in more than one transaction with the intent to cause a loss or with reckless disregard for whether such transactions would cause a loss to any financial institution insured by the FDIC, where these loans, in the aggregate, caused a Substantial Loss to one or more Failed Institutions. G. Convicted of Certain Crimes. Neither the Prospective Purchaser nor any of its Associated Person(s) (1) has been convicted of committing or conspiring to commit any offense under Section 215, 656, 657, 1005, 1006, 1007, 1014, 1032, 1341, 1343 or 1344 of Title 18 of the United States Code affecting any Failed Institution; and (2) has defaulted on any debt or duty to pay money (including any guaranty) owed to the FDIC or any Failed Institution to such an extent that a judgment has been rendered in favor of the FDIC or the property securing the debt has been foreclosed on. H. If Seller Financing Is Used. Neither the Prospective Purchaser nor any of its Associate Persons (1) has defaulted on any debts or duties to pay money (including any guaranty) to the FDIC or a Failed Institution that, in the aggregate, exceed $1,000,000, to such an extent that a judgment has been rendered in favor of the FDIC or the property securing the debt has been foreclosed on; and (2) has made any fraudulent misrepresentations in I. Transactions Structured to Circumvent this Certification. Neither the identity nor form of the Prospective Purchaser, nor any aspect of the contemplated transaction, has been created or altered with the intent, in whole or in part, to allow an individual or entity who otherwise would be ineligible to purchase assets from the FDIC to benefit directly or indirectly from the proposed transaction. Notice Concerning Legal Action PRIVACY ACT STATEMENT ESTIMATED REPORTING BURDEN Directions/Map![]() |
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56' Sea Ray Condition Report


