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If your system is powered on, it will ask you to power off the system.
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Go back and attempt to 'upload' the BIOS file again in Step 2, it will 'Upload Firmware' for about 2-3 minutes, getting stuck at 70% for a majority of it.
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Once 'Upload Firmware' completes, and you regain screen activity and see 'FW Update Mode' graphic displaying in the bottom-left, it will also prompt 'Step 3' to 'Update'; displaying both your 'Existing' and 'New' Version.
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It takes about a minute at 0%, then it will progress all the way to 100% in 4-5 minutes, system will power back on near 100% and will stay on 100% for about 2-3 minutes until it kicks you off IPMI to re-login.
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At this login screen below, it looks odd, because it is. It might state 'invalid username/password' on the first time, and redirect you to the 'normal' looking login screen again.
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Successfully updated BIOS Firmware Version.
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