Terms of the sale are cash, check, or other terms agreed to in writing between seller, buyer, and sale manager payable immediately upon
conclusion of the sale before animals will be moved. Sale Manager reserves the right to require a certified check as settlement before releasing any
cattle. Buyer hereby grants to Seller/Sale Manager a security interest in the livestock purchased to secure the payment of the purchase price, and
Buyer further authorizes Seller/Sale Manager to file any necessary documents with any Secretary of State or other governmental entity necessary
to perfect such security interest.