SEALED BID FORM M.V. CISCO

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SEALED BID FORM M.V. CISCO For sale is the Motor Vessel Cisco. Originally built in 1951 in Sturgeon Bay, the vessel was rebuilt on Beaver Island, MI in 2006, where is currently located. More information about the vessel and copy of the 2008 survey are included in the following pages of this document. Many interior renovations and furnishing updates have been made since the 2008 survey. Serious bidders are encouraged to inspect the vessel in person. The vessel is in running and operational condition, and is currently in the water and located at 26035 Main St., Beaver Island, MI 49782. For more information or to schedule a time to inspect the vessel, please contact Jon Kuiper at jkuiper@orbitbid.com or 616-560-4992. This is a sealed bid asset sale only. All bids must be submitted on this Sealed Bid Form. The submission period of sealed bids offers for this sale will close on Tuesday, May 15, 2019 at 5:00 pm. Be sure to submit your top bid. The seller reserves the right to accept the highest and/or best offer, or reject any and all bids, based on their sole discretion, at any point in the sale process. Seller reserves the right at any time to extend the sale. Upon acknowledgment of being chosen as the winning bidder, the winning bidder shall be the purchaser and shall pay Orbitbid.com, Inc. in full via wire transfer of funds within 5 business days thereafter. Winning bidder shall have 30 days for proper removal of the vessel. To schedule a time to inspect the vessel, or for more information, please email Jon Kuiper at jkuiper@orbitbid.com or call 616-560-4992. A 10% Buyers Premium will be added to the Sealed Bid Amount. Sealed Bid Amount (in U.S. Dollars): Buyer s Premium (Additional 10% of Sealed Bid Amount): Grand Total Bid Amount: (6% MI state sales tax will be collected on top of Grand Total Bid Amount if required by State and Federal Law.) If Awarded, Buyer is responsible for removal of the vessel and accepts all responsibility and liability for removal. If for any reason buyer fails to remove the vessel within the time specified, unless otherwise negotiated, the seller shall have the right but not the obligation, in its sole discretion, to resell, discard or remove and store said purchase at buyer s sole risk and expense, without waiving any rights that Auction Co. or seller may have against buyer. The vessel sells as is, where is. Page 1 of 9

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ENGINE ROOM CUMMINS 855 TURBO & Z.F. TRANSMISSION LESS THAN 2000 HOURS EACH 20 KW DETROIT 8½ KW ONAN DIESEL FIRE PUMP WASH DOWN PUMP 500-GALLON STAINLESS FRESH WATER TANK 300-GALLON GREY WATER TANK W/ PUMP NEW RAYCOR FILTER SYSTEM BENCH W/ VICE (2) HYDRAULIC STEERING SYSTEMS HOT WATER BOILER W/ HEAT THROUGHOUT ELECTRICAL PANELS 55-GALLON LUBE OIL TANK 20-GALLON ELECTRIC HOT WATER HEATER AIR COMPRESSOR (2) 800-GALLON FUEL TANKS IN HULL BATTERY CHARGERS BACK DECK W/ CANOPY PALFINGER CRANE & CONTROLS (2) WINCHES (1) CAT HEAD WASH DOWN HOSE DINGY WITH 25 HP MERCURY REAR STEERING, THROTTLE & SHIFT RUDDER ROOM 300-GALLON STAINLESS SEWAGE TANKS STERN ANCHOR LINE W/ELECTRIC COILER KAHLENBERG 48 X 48 STAINLESS PROPELLER STAINLESS SHAFT GALLEY MICROWAVE COOK TOP REFRIGERATOR STEREO SYSTEM CUSTOM TABLE CHAIRS DOUBLE SINK ENGINE TEMPERATURE AND OIL PRESSURE GAUGES UPDATED EQUIPMENT LIST Page 7 of 9

(CONTINUED) PILOT HOUSE LLEBROC BANDERA HELM CHAIR SPOTLIGHT HAILER (2) ICOM RADIOS FLOSCAN FUEL FLOW METER KAHLENBERG AIR HORN FOG SIGNAL RADAR PLOTTER SPERRY AUTO PILOT JOG STEER WHEEL STEER ENGINE GAUGES 40-HP HYDRAULIC BOW THRUSTER HEAD HYDRO ANCHOR SYSTEM RAYMARINE C-120 CLASSIC MULTI-FUNCTION DISPLAY CHARTPLOTTER W/ GPS DSM-300 SOUNDER MODULE 5-KW OPEN ARRAY ANTENNA RADIO & SEPARATE DEPTH DISPLAY RUDDER ANGLE INDICATOR T.V. EPIRB LIFT RAFT LONSEAL FLOORING (PILOT HOUSE, GALLEY & LOWER CABIN) CUSTOM SCHUYLER RUBBER FENDERING ON RAIL FISH HOUSE FIRE EXTINGUISHER SINK & FAUCET HYDRAULIC CAT HEAD CABINETS HOT WATER HEAT FORWARD BUNK AREA HEAD, SHOWER & SINK (4) BUNKS NEW CUSTOM MATTRESSES CLOSETS & CABINETS WATER TIGHT DOOR STERN BUNK ROOM (2) BUNKS NEW CUSTOM MATTRESSES CABINETRY T.V. HEAD, SHOWER & SINK Page 8 of 9

By my signature below, I certify that I have read this bid solicitation document carefully and agree to abide by all of the terms and conditions contained or referenced herein: (Printed name of bidder) (Address of bidder) (Phone #, include area code) (Email address) (Date) (Signature of bidder) All sealed bids must be submitted via email or fax. Email to: Jon Kuiper at jkuiper@orbitbid.com Fax to: 616-261-4989 (Attn: Jon Kuiper) For questions, and to confirm our receipt of your sealed bid submission, please call Jon Kuiper at 616-560- 4992. When submitting your bid, please be sure to include all pages of this Sealed Bid Form. Page 9 of 9