COLLATERAL BID FORM

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This form MUST be either mailed, faxed, or hand delivered to the Sidney Federal Credit Union collections department at the following address:

SIDNEY FEDERAL CREDIT UNION
PO BOX 198
SIDNEY, NY 13838

Collections Department Fax Number: 563-9203

Bids may NOT be submitted by E-Mail or any other electronic means. If you have any questions regarding this form or the bidding process, please contact the Sidney Federal Credit Union Collections department at (607) 561-7376.

I (we) hereby submit a bid of $____________ on the ________________________________ being sold by Sidney Federal Credit Union.

It is hereby agreed that I (we) shall accept the above property "as is," and hold the Sidney Federal Credit Union free from any guarantee, either expressed or implied, to the condition of the property. THIS IS TO INCLUDE THE UNDERSTANDING THAT OBTAINING THE CERTIFICATE OF ROADABILITY ON A MOTOR VEHICLE SHALL BE SOLELY MY (OUR) RESPONSIBILITY.

Bids are accepted until the date and time listed on the Repossessed Collateral For Sale list. All bids are opened at the same time.  The collateral is sold to the highest bidder.  Sidney Federal Credit Union reserves the right to accept or reject any bids on the repossessions.

It is hereby further agreed that if this bid is accepted by Sidney Federal Credit Union, I (we) shall be prepared to reimburse Sidney Federal Credit Union the full amount of the bid upon being awarded the sale.

NEW YORK STATE SALES TAX WILL BE PAID BY THE PURCHASER.
 
DATE:_________________________

SIGNATURE:_________________________
(please print your name and address)

NAME:______________________________

ADDRESS:___________________________

____________________________________

ZIP CODE:___________________________

TELEPHONE #:_______________________


SFCU, "Dedicated to superior service, anytime, anywhere!".