

| POWELL AUCTION & REALTY |

| Terms:Call Office to Inspect Real Estate 865-938-3403 Special Note & Buyer's Premium Fee: A buyer's premium of 10% will be added to the final bid amount on each property sold at this auction. The bid amount plus the buyer's premium equals the final purchase price. Properties may be withdrawn without notice. Buyer will be required to put 10% of contract price down or $2,500 whichever is greater. The down payment may be in form of a personal or business check or cash. This is a cash sale and is not contingent on the buyer's ability to obtain financing. Closing: All properties must be closed on or before 30 days after the auction Seller makes no warranties or representations, expressed or implied, written or oral, with respect to the state of title of any of the properties, the title company, or of the correctness or completeness of the information contained in the commitment for title insurance. Seller shall pay all current ad valorem taxes and condo fees assessed against the property up to the date of closing. For a complete copy of Terms & Conditions please call (865) 938-3403 or visit us online at www.powellauction.com |