Home & Detached Garage on 0.91 Ac±

ONLINE BANKRUPTCY AUCTION: HOME & DETACHED GARAGE on 0.91 Ac±

All items closed

Auction Manager

Sam Tays

(931) 260-8352

samtays@taysauctions.com

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Home & Detached Garage on 0.91 Ac±

Bidding is closed.
High Bid:	$110,800.00
A max bid is the highest amount you are willing to pay for an auction item. In response to other bids, the auction system will automatically increase your bid in the smallest increment possible (up to your max bid amount) in order to maintain your lead position. To get a max bid you simply enter the maximum amount you are willing to pay into the bid form just as you would any other bid. If your bid is more than one bidding increment above the current high bid you will get a max bid unless another bidder has a max bid in place that is higher than the amount you enter. At the end of the auction, the winning bidder pays only the lowest winning bid possible. That means that you can win an auction item at a price less than your max bid amount. Your max bid amount is kept confidential from other bidders. You can lower or delete a max bid by entering a lower amount. Note: After watching hundreds of auctions and talking to thousands of bidders, we think using max bids in your bidding strategy works best for most people. It eliminates some of the pressure and reduces the risk of "sniping", where other bidders slip in slightly higher bids in the last seconds of bidding. ' > Your Max Bid:	NA
Bidding Ended:	Tue, May 28 10:33:14 am CT
High Bidder:	27367
Bid Increment:	$100.00
Starting Bid:	$1.00
Item Location:	2783 Hillwood St, Monterey, TN 38574
Item has been viewed 3,181 times.

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Item Description
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Video
Bid History (265 bids)
Documents (4)

Contact Sam Tays at (931) 260-8352 or samtays@taysauctions.com

GENERAL INFORMATION

Postal Address: 2783 Hillwood St. Monterey, 38574
County: Putnam
Directions: From I-40 E take exit 301 for US-70N toward Monterey/Jamestown. Turn West onto US-70N W for 0.1 miles. Turn right onto Industrial Dr. and continue straight onto Hillwood St. for 2.1 miles and the property will be on your right.
Buyers Premium: A 10% Buyer's premium will be added to the final bid to determine the contract sales price.

LAND INFORMATION

County Tax ID: Putnam County Tax Map 078E, Group B, Control Map 078E, Parcel 012.00.
Lot Size: 0.91 Acres±. See Previous Deed in 'Auction Documents' section.
Easements: Subject to a 15' Sewer Line Easement to the Town of Monterey. See Previous Deed & Sewer Easement in 'Auction Documents' section.
Encroachments: Any of record see Survey in 'Auction Documents' section.
Mineral Rights: Unknown. An oil, gas, and mineral title search has not been performed on this property.
Additional Info: Subject to common interest in Monterey Lake. See Previous Deed in 'Auction Documents' section.

HOME INFORMATION

Area: 1,680± sq. ft. (per tax records)
Year Built: 1976
Stories: Single story home with unfinished walk-out basement
Features - Interior:
- 3 Bedrooms
- 2 Full baths
- Washer and dryer hookups located in utility room off of kitchen
- Appliances include: None
- CH&A- Gas heat furnace
- 40 gallon electric water heater
Features - Exterior:
- Metal roof
- Vinyl siding
- 20' x 20' two car detached garage with storage room
- Covered side deck
- Screened in front deck
- 12' x 10' shed

UTILITIES

Electricity: Service is installed by Volunteer Energy Co-Op call customer service at 931-839-2217 for more information on applicable set-up & deposit fees.
Water: Service is installed by the City of Monterey call customer service at 931-839-3770 for more information on applicable set-up & deposit fees.
Natural Gas: Service is installed by the Middle Tennessee Natural Gas call customer service at 1-833-438-6864 for more information on applicable set-up & deposit fees.
Sewer: Service is installed by the City of Monterey call customer service at 931-839-3770 for more information on applicable set-up & deposit fees.

TAXES

2024 taxes will be prorated to date of deed.
Back taxes and Greenbelt rollback taxes (if any) will be paid by the Seller.
2023 Taxes
- County = $743.00

Consignor Name: John C. McLemore, Trustee, U.S. Bankruptcy Court Mid. TN. Dist. Case # 23-02093-CW2-7

Bid Date	Bid Amount	Bidder
May 28, 2024 - 10:28:14 AM	$110,800.00	i27367
May 28, 2024 - 10:28:14 AM	$110,700.00	i27957
May 28, 2024 - 10:23:22 AM	$110,105.00	i27957
May 28, 2024 - 10:23:22 AM	$110,005.00	i27367
May 28, 2024 - 10:18:25 AM	$107,103.00	i27957
May 28, 2024 - 10:18:25 AM	$107,003.00	i27367
May 28, 2024 - 10:13:59 AM	$105,101.00	i27957
May 28, 2024 - 10:11:04 AM	$105,001.00	i27367
May 28, 2024 - 10:11:04 AM	$105,000.00	i27957
May 28, 2024 - 10:09:35 AM	$102,202.00	i27957
May 28, 2024 - 10:09:35 AM	$102,102.00	i27367
May 28, 2024 - 10:08:58 AM	$100,401.00	i27957
May 28, 2024 - 10:08:58 AM	$100,301.00	i27367
May 28, 2024 - 10:06:43 AM	$100,100.00	i27367
May 28, 2024 - 10:01:59 AM	$100,000.00	i27957
May 28, 2024 - 10:01:59 AM	$99,999.99	i27367
May 28, 2024 - 10:00:41 AM	$90,700.01	i27957
May 28, 2024 - 10:00:41 AM	$90,600.01	i27367
May 28, 2024 - 9:58:37 AM	$90,500.00	i27957
May 28, 2024 - 9:58:37 AM	$90,400.00	i21417
May 28, 2024 - 9:58:33 AM	$90,300.00	i27957
May 28, 2024 - 9:58:33 AM	$90,200.00	i21417
May 28, 2024 - 9:58:10 AM	$90,100.00	i27957
May 28, 2024 - 9:58:10 AM	$90,000.00	i21417
May 28, 2024 - 9:57:57 AM	$87,100.00	i27957
May 28, 2024 - 9:57:57 AM	$87,000.00	i21417
May 28, 2024 - 9:57:46 AM	$85,700.00	i27957
May 28, 2024 - 9:57:46 AM	$85,600.00	i21417
May 28, 2024 - 9:57:42 AM	$85,500.00	i27957
May 28, 2024 - 9:57:42 AM	$85,400.00	i21417
May 28, 2024 - 9:57:36 AM	$85,300.00	i27957
May 28, 2024 - 9:57:36 AM	$85,200.00	i21417
May 28, 2024 - 9:57:29 AM	$85,100.00	i27957
May 28, 2024 - 9:57:29 AM	$85,000.00	i21417
May 28, 2024 - 9:57:18 AM	$83,100.00	i27957
May 28, 2024 - 9:57:18 AM	$83,000.00	i21417
May 28, 2024 - 9:57:03 AM	$80,100.00	i27957
May 28, 2024 - 9:57:03 AM	$80,000.00	i21417
May 28, 2024 - 9:56:44 AM	$77,100.00	i27957
May 28, 2024 - 9:56:44 AM	$77,000.00	i21417
May 28, 2024 - 9:56:30 AM	$75,100.00	i27957
May 28, 2024 - 9:56:30 AM	$75,000.00	i21417
May 28, 2024 - 9:54:43 AM	$70,600.00	i27957
May 28, 2024 - 9:54:43 AM	$70,500.00	i27914
May 28, 2024 - 9:38:48 AM	$70,100.00	i27957
May 28, 2024 - 9:38:48 AM	$70,000.00	i21417
May 28, 2024 - 9:31:51 AM	$65,900.00	i21417
May 28, 2024 - 9:31:51 AM	$65,800.00	i24443
May 28, 2024 - 9:31:16 AM	$65,700.00	i21417
May 28, 2024 - 9:31:16 AM	$65,600.00	i24443
May 28, 2024 - 9:29:52 AM	$65,500.00	i21417
May 28, 2024 - 9:29:53 AM	$65,400.00	i24443
May 28, 2024 - 9:28:46 AM	$65,200.00	i21417
May 28, 2024 - 9:28:23 AM	$65,100.00	i25832
May 28, 2024 - 9:28:09 AM	$65,000.00	i21417
May 28, 2024 - 9:28:10 AM	$65,000.00	i25832
May 28, 2024 - 9:28:01 AM	$64,500.00	i21417
May 28, 2024 - 9:28:01 AM	$64,400.00	i25832
May 28, 2024 - 9:27:57 AM	$64,300.00	i21417
May 28, 2024 - 9:27:57 AM	$64,200.00	i25832
May 28, 2024 - 9:27:46 AM	$64,100.00	i21417
May 28, 2024 - 9:27:46 AM	$64,000.00	i25832
May 28, 2024 - 9:27:27 AM	$63,400.00	i25832
May 28, 2024 - 9:27:17 AM	$63,300.00	i21417
May 28, 2024 - 9:27:17 AM	$63,200.00	i25832
May 28, 2024 - 9:26:47 AM	$63,100.00	i21417
May 28, 2024 - 9:26:47 AM	$63,000.00	i25832
May 28, 2024 - 9:26:37 AM	$62,800.00	i21417
May 28, 2024 - 9:26:37 AM	$62,700.00	i25832
May 28, 2024 - 9:26:33 AM	$62,600.00	i21417
May 28, 2024 - 9:26:33 AM	$62,500.00	i25832
May 28, 2024 - 9:26:24 AM	$62,300.00	i21417
May 28, 2024 - 9:26:24 AM	$62,200.00	i25832
May 28, 2024 - 9:26:19 AM	$62,100.00	i21417
May 28, 2024 - 9:26:19 AM	$62,000.00	i25832
May 28, 2024 - 9:26:06 AM	$61,600.00	i21417
May 28, 2024 - 9:26:06 AM	$61,500.00	i25832
May 28, 2024 - 9:25:54 AM	$61,200.00	i21417
May 28, 2024 - 9:25:54 AM	$61,100.00	i25832
May 28, 2024 - 9:25:50 AM	$61,000.00	i21417
May 28, 2024 - 9:25:50 AM	$60,900.00	i25832
May 28, 2024 - 9:25:32 AM	$60,800.00	i21417
May 28, 2024 - 9:25:32 AM	$60,700.00	i25832
May 28, 2024 - 9:24:45 AM	$60,600.00	i21417
May 28, 2024 - 9:24:45 AM	$60,500.00	i27957
May 28, 2024 - 7:04:52 AM	$60,200.00	i27957
May 25, 2024 - 11:04:15 PM	$60,100.00	i25832
May 25, 2024 - 11:03:53 PM	$60,000.00	i27957
May 25, 2024 - 11:03:54 PM	$60,000.00	i25832
May 25, 2024 - 11:03:42 PM	$59,300.00	i27957
May 25, 2024 - 11:03:42 PM	$59,200.00	i25832
May 25, 2024 - 11:03:36 PM	$59,100.00	i27957
May 25, 2024 - 11:03:36 PM	$59,000.00	i25832
May 25, 2024 - 11:03:20 PM	$57,300.00	i27957
May 25, 2024 - 11:03:20 PM	$57,200.00	i25832
May 25, 2024 - 11:03:16 PM	$57,100.00	i27957
May 25, 2024 - 11:03:16 PM	$57,000.00	i25832
May 25, 2024 - 11:03:11 PM	$56,900.00	i27957
May 25, 2024 - 11:03:11 PM	$56,800.00	i25832
May 25, 2024 - 11:03:06 PM	$56,700.00	i27957
May 25, 2024 - 11:03:06 PM	$56,600.00	i25832
May 25, 2024 - 11:03:02 PM	$56,500.00	i27957
May 25, 2024 - 11:03:02 PM	$56,400.00	i25832
May 25, 2024 - 11:02:57 PM	$56,300.00	i27957
May 25, 2024 - 11:02:57 PM	$56,200.00	i25832
May 25, 2024 - 11:02:53 PM	$56,100.00	i27957
May 25, 2024 - 11:02:53 PM	$56,000.00	i25832
May 25, 2024 - 11:02:48 PM	$55,900.00	i27957
May 25, 2024 - 11:02:48 PM	$55,800.00	i25832
May 25, 2024 - 11:02:43 PM	$55,700.00	i27957
May 25, 2024 - 11:02:43 PM	$55,600.00	i25832
May 25, 2024 - 11:02:39 PM	$55,500.00	i27957
May 25, 2024 - 11:02:39 PM	$55,400.00	i25832
May 25, 2024 - 11:02:34 PM	$55,300.00	i27957
May 25, 2024 - 11:02:34 PM	$55,200.00	i25832
May 25, 2024 - 11:02:29 PM	$55,100.00	i27957
May 25, 2024 - 11:02:29 PM	$55,000.00	i25832
May 25, 2024 - 11:02:06 PM	$53,100.00	i27957
May 25, 2024 - 11:02:06 PM	$53,000.00	i25832
May 25, 2024 - 11:02:00 PM	$52,900.00	i27957
May 25, 2024 - 11:02:00 PM	$52,800.00	i25832
May 25, 2024 - 11:01:53 PM	$52,700.00	i27957
May 25, 2024 - 11:01:53 PM	$52,600.00	i25832
May 25, 2024 - 11:01:42 PM	$52,500.00	i27957
May 25, 2024 - 11:01:42 PM	$52,400.00	i25832
May 25, 2024 - 11:01:27 PM	$52,300.00	i27957
May 25, 2024 - 11:01:27 PM	$52,200.00	i25832
May 25, 2024 - 8:49:16 PM	$52,100.00	i27957
May 25, 2024 - 8:49:16 PM	$52,000.00	i19616
May 25, 2024 - 12:51:49 PM	$51,200.00	i19616
May 25, 2024 - 12:51:49 PM	$51,100.00	i3227
May 25, 2024 - 12:51:22 PM	$50,101.00	i3227
May 25, 2024 - 12:51:22 PM	$50,001.00	i19616
May 25, 2024 - 12:50:41 PM	$45,100.00	i3227
May 25, 2024 - 12:50:41 PM	$45,000.00	i19616
May 25, 2024 - 12:49:54 PM	$40,100.00	i3227
May 25, 2024 - 12:49:54 PM	$40,000.00	i19616
May 25, 2024 - 12:48:56 PM	$35,500.00	i3227
May 25, 2024 - 12:48:56 PM	$35,400.00	i19616
May 24, 2024 - 4:36:58 AM	$35,300.00	i3227
May 23, 2024 - 9:44:06 PM	$35,200.00	i27957
May 22, 2024 - 1:41:23 PM	$35,100.00	i27932
May 22, 2024 - 1:41:20 PM	$35,000.00	i9097
May 22, 2024 - 1:41:21 PM	$35,000.00	i27932
May 22, 2024 - 1:41:16 PM	$34,900.00	i9097
May 22, 2024 - 1:41:16 PM	$34,800.00	i27932
May 22, 2024 - 1:41:13 PM	$34,700.00	i9097
May 22, 2024 - 1:41:13 PM	$34,600.00	i27932
May 22, 2024 - 1:41:09 PM	$34,500.00	i9097
May 22, 2024 - 1:41:09 PM	$34,400.00	i27932
May 22, 2024 - 1:41:03 PM	$34,300.00	i9097
May 22, 2024 - 1:41:03 PM	$34,200.00	i27932
May 22, 2024 - 12:24:45 PM	$34,100.00	i9097
May 22, 2024 - 12:24:45 PM	$34,000.00	i27932
May 22, 2024 - 12:23:20 PM	$33,300.00	i27932
May 22, 2024 - 12:23:20 PM	$33,200.00	i9097
May 21, 2024 - 5:54:39 PM	$33,100.00	i27932
May 21, 2024 - 5:54:20 PM	$33,000.00	i21417
May 21, 2024 - 5:54:21 PM	$33,000.00	i27932
May 21, 2024 - 5:53:46 PM	$32,100.00	i21417
May 21, 2024 - 5:53:46 PM	$32,000.00	i27932
May 21, 2024 - 5:53:22 PM	$30,700.00	i21417
May 21, 2024 - 5:53:22 PM	$30,600.00	i27932
May 21, 2024 - 5:53:12 PM	$30,500.00	i21417
May 21, 2024 - 5:53:12 PM	$30,400.00	i27932
May 21, 2024 - 5:36:33 PM	$30,300.00	i21417
May 21, 2024 - 5:36:33 PM	$30,200.00	i27932
May 18, 2024 - 5:30:00 PM	$30,100.00	i27932
May 17, 2024 - 10:29:17 PM	$30,000.00	i27931
May 17, 2024 - 10:29:18 PM	$30,000.00	i27932
May 17, 2024 - 10:28:50 PM	$28,500.00	i27931
May 17, 2024 - 10:28:50 PM	$28,400.00	i27932
May 17, 2024 - 10:27:06 PM	$28,300.00	i27931
May 17, 2024 - 10:27:06 PM	$28,200.00	i27932
May 17, 2024 - 8:48:25 PM	$28,100.00	i27931
May 17, 2024 - 8:48:25 PM	$28,000.00	i27907
May 15, 2024 - 6:34:28 AM	$26,300.00	i27907
May 15, 2024 - 6:34:00 AM	$26,200.00	i27307
May 15, 2024 - 6:34:01 AM	$26,200.00	i27907
May 12, 2024 - 12:42:21 PM	$26,100.00	i27307
May 12, 2024 - 12:42:21 PM	$26,000.00	i23559
May 11, 2024 - 5:12:47 AM	$25,151.00	i27307
May 11, 2024 - 5:12:47 AM	$25,051.00	i27833
May 11, 2024 - 5:12:35 AM	$23,300.00	i27833
May 11, 2024 - 5:12:35 AM	$23,200.00	i27307
May 11, 2024 - 5:12:27 AM	$23,100.00	i27833
May 11, 2024 - 5:12:27 AM	$23,000.00	i27307
May 11, 2024 - 5:12:18 AM	$20,300.00	i27833
May 11, 2024 - 5:12:18 AM	$20,200.00	i27307
May 11, 2024 - 5:12:14 AM	$20,100.00	i27833
May 11, 2024 - 5:12:14 AM	$20,000.00	i27307
May 11, 2024 - 5:12:01 AM	$16,600.00	i27833
May 11, 2024 - 5:12:01 AM	$16,500.00	i27307
May 11, 2024 - 5:11:57 AM	$16,400.00	i27833
May 11, 2024 - 5:11:57 AM	$16,300.00	i27307
May 11, 2024 - 5:11:54 AM	$16,200.00	i27833
May 11, 2024 - 5:11:54 AM	$16,100.00	i27307
May 11, 2024 - 5:11:44 AM	$16,000.00	i27833
May 11, 2024 - 5:11:44 AM	$15,900.00	i27307
May 11, 2024 - 5:11:41 AM	$15,800.00	i27833
May 11, 2024 - 5:11:41 AM	$15,700.00	i27307
May 11, 2024 - 5:11:37 AM	$15,600.00	i27833
May 11, 2024 - 5:11:37 AM	$15,500.00	i27307
May 11, 2024 - 5:11:34 AM	$15,400.00	i27833
May 11, 2024 - 5:11:34 AM	$15,300.00	i27307
May 11, 2024 - 5:11:31 AM	$15,200.00	i27833
May 11, 2024 - 5:11:31 AM	$15,100.00	i27307
May 11, 2024 - 5:11:27 AM	$15,000.00	i27833
May 11, 2024 - 5:11:27 AM	$14,900.00	i27307
May 11, 2024 - 5:11:23 AM	$14,800.00	i27833
May 11, 2024 - 5:11:23 AM	$14,700.00	i27307
May 11, 2024 - 5:11:20 AM	$14,600.00	i27833
May 11, 2024 - 5:11:20 AM	$14,500.00	i27307
May 11, 2024 - 5:11:16 AM	$14,400.00	i27833
May 11, 2024 - 5:11:16 AM	$14,300.00	i27307
May 11, 2024 - 5:11:11 AM	$14,200.00	i27833
May 11, 2024 - 5:11:11 AM	$14,100.00	i27307
May 11, 2024 - 5:11:07 AM	$14,000.00	i27833
May 11, 2024 - 5:11:07 AM	$13,900.00	i27307
May 11, 2024 - 5:11:03 AM	$13,800.00	i27833
May 11, 2024 - 5:11:03 AM	$13,700.00	i27307
May 11, 2024 - 5:10:57 AM	$13,600.00	i27833
May 11, 2024 - 5:10:57 AM	$13,500.00	i27307
May 11, 2024 - 5:10:38 AM	$12,300.00	i27833
May 11, 2024 - 5:10:38 AM	$12,200.00	i27307
May 11, 2024 - 5:10:28 AM	$11,600.00	i27833
May 11, 2024 - 5:10:28 AM	$11,500.00	i27307
May 11, 2024 - 5:10:15 AM	$11,300.00	i27833
May 11, 2024 - 5:10:15 AM	$11,200.00	i27307
May 11, 2024 - 5:10:05 AM	$10,900.00	i27833
May 11, 2024 - 5:10:05 AM	$10,800.00	i27307
May 11, 2024 - 5:09:59 AM	$10,700.00	i27833
May 11, 2024 - 5:09:59 AM	$10,600.00	i27307
May 11, 2024 - 5:09:48 AM	$10,500.00	i27833
May 11, 2024 - 5:09:48 AM	$10,400.00	i27307
May 9, 2024 - 10:12:26 AM	$10,250.00	i27833
May 9, 2024 - 10:12:26 AM	$10,150.00	i27100
May 9, 2024 - 10:07:43 AM	$10,050.00	i27833
May 9, 2024 - 10:07:43 AM	$10,000.00	i27100
May 9, 2024 - 10:07:24 AM	$5,055.51	i27100
May 9, 2024 - 10:07:24 AM	$5,005.51	i27833
May 9, 2024 - 9:18:49 AM	$4,150.00	i27100
May 9, 2024 - 9:18:49 AM	$4,100.00	i22165
May 9, 2024 - 9:18:46 AM	$4,050.00	i27100
May 9, 2024 - 9:18:46 AM	$4,000.00	i22165
May 9, 2024 - 9:18:43 AM	$3,950.00	i27100
May 9, 2024 - 9:18:43 AM	$3,900.00	i22165
May 9, 2024 - 9:18:40 AM	$3,850.00	i27100
May 9, 2024 - 9:18:40 AM	$3,800.00	i22165
May 9, 2024 - 9:18:37 AM	$3,750.00	i27100
May 9, 2024 - 9:18:37 AM	$3,700.00	i22165
May 9, 2024 - 9:18:34 AM	$3,650.00	i27100
May 9, 2024 - 9:18:34 AM	$3,600.00	i22165
May 9, 2024 - 9:18:30 AM	$3,550.00	i27100
May 9, 2024 - 9:18:30 AM	$3,500.00	i22165
May 8, 2024 - 1:02:42 PM	$3,450.00	i27100
May 8, 2024 - 1:02:42 PM	$3,400.00	i26368
May 8, 2024 - 1:01:26 PM	$3,150.00	i27100
May 8, 2024 - 1:01:26 PM	$3,100.00	i26368
May 8, 2024 - 6:35:29 AM	$510.00	i27100
May 8, 2024 - 6:35:29 AM	$500.00	i17371
May 8, 2024 - 6:35:10 AM	$22.00	i17371
May 8, 2024 - 6:35:10 AM	$20.00	i27100
May 7, 2024 - 2:30:35 PM	$2.00	i17371
May 7, 2024 - 2:17:11 PM	$1.00	i27100

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Inspection:	Auction Preview Thursday, May 23, 2024 from 2:00PM to 4:00PM C.T.
Bidding Starts:	Tuesday, May 7, 2024 at 10:00:00 am CT
Bidding Ends:	Tuesday, May 28, 2024 between 10:00:00 am and 10:33:14 am CT See individual items for exact closing times.

Inspection:

Auction Preview

Thursday, May 23, 2024 from 2:00PM to 4:00PM C.T.

Bidding Starts:

Tuesday, May 7, 2024 at 10:00:00 am CT

Bidding Ends:

Tuesday, May 28, 2024 between 10:00:00 am and 10:33:14 am CT
See individual items for exact closing times.

2783 Hillwood St, Monterey, TN 38574 (1)

Please make sure you have read the terms of this auction before bidding.

Bidding Starts: Tuesday, May 7, 2024 at 10:00:00 am CT

Bidding Ends: Tuesday, May 28, 2024 at 10:33:14 am CT

Extended Bidding: Each item in this auction is subject to a Soft Close, meaning any bid arriving within the last 5 minutes of the item’s closing time, extends the time that item is open by 5 minutes.

Location: 2783 Hillwood St, Monterey, TN 38574

Auction Preview

Thursday, May 23, 2024 from 2:00PM to 4:00PM C.T.

PAYMENT METHODS
20% Down of the total sales price will be required within three (3) business days of the total contract sales price to the Escrow Agent.

Buyer's Premium: There is a 10% Buyer's Premium in effect for this auction.

DISCLAIMERS

All items are sold "as-is" and "where-is" with no warranties expressed or implied. There are no refunds or exchanges. Please bid accordingly.

Auction Agreement: By submitting a bid in this auction, bidders agree to be bound by the terms and conditions of the sale as follows:

Bankruptcy Auction: The property will sell to the highest bidder and is contingent upon Court Confirmation.

Response to Inquiries: For any questions / inquiries submitted to Tays Realty & Auction, LLC by phone (931-526-2307), email (bidding@taysauctions.com) or facsimile (931-520-7761) after regular office hours of Monday-Friday, 8:00 AM to 5:00 PM C.S.T., a staff member of Tays will respond within 24 hours after the receipt of the communication. Communications directed to any other phone numbers or emails may experience a longer response time.

Auction Ending – Real Estate: Beginning at the stated closing time, the auction software will conclude bidding for the auction lots with the following exception: if a bid is placed in the last 5 (5) minutes remaining for any of the auction lots, bidding for that lot will remain open for an additional five (5) minutes. Example: Auction ending time is 10:00 AM. A bid is made at 9:56 AM. The bidding is then extended to 10:01 AM.

Auction Ending with Timed Ending - Real Estate: 'Timed Ending' is a feature where the Auction Ending time for multiple lots is linked together. Should a bid be placed on any lot in the last five (5) minutes remaining, bidding for ALL lots within that 'Timed Ending' will remain open for an additional five (5) minutes. The lots that are contained within any 'Timed Ending' will be indicated in the Description field by a 'TIMEDENDING' in the bottom right of the field. Example: Auction ending time is 10:00 AM. A bid is made at 9:56 AM on at least one of the 'Timed Ending' lots. The bidding is then extended to 10:01 AM for ALL lots within that 'Timed Ending'.

Outbid Notification: Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. After auction begins to close, bidders may find out if they have been outbid by clicking the “Review Bids” button at the bottom of each page. Items the bidder is no longer winning will be marked with a red indicator.

Buyer’s Premium: A 10% Buyers Premium will be added to the final bid to determine contract price.

Agreement of Purchase and Sale: The purchaser(s) shall execute an agreement of purchase and sale, in the form provided by the auctioneer, without modification, immediately after being declared the high bidder.

Payment: The purchaser(s) shall pay an amount equal to 20% of the total contract sales price to the Escrow Agent within three (3) business days. The Escrow Agent shall accept the following forms of payment: wire transfer or cashier’s check. There may be a fee associated with payment of the deposit or purchase money by wire transfer. Contact the Escrow Agent if you intend to pay this way.

Escrow Agent: The deposit, earnest and purchase monies in respect of the property shall be paid to and deposited with the escrow agent listed in the Escrow Agreement (see Auction Documents section).

Deed: Seller shall provide a Bankruptcy Trustee’s deed.

Title Insurance: Purchaser may purchase title insurance from the Escrow Agent at purchaser’s cost.

Closing: A Cash Closing will be handled by the BUYERS closing agent, and at the BUYERS expense. A Closing involving Financing will be handled as required by the BUYERS Lending Institution and at the BUYERS expense. Taxes shall be prorated to the date of closing. The balance of the purchase price shall be paid at or before closing. Closing shall take place on or before 30 days after end of auction, unless otherwise stated in the Sales Contract (see Auction Documents section). The Escrow Agent will schedule and conduct the closing.

Closing Costs: At closing, Seller shall pay for its escrow and closing fees and all of the costs for preparation of all documents to convey the property. At closing, purchaser shall pay for its escrow and closing fees, any and all recording fees, and all other sale, financing or closing fees as required.

Cash Sale: This is a cash sale and is not contingent on purchaser’s ability to obtain financing.

Possession: Purchaser will receive possession at closing.

As-Is Sale: The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the purchaser shall specifically agree that the seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon. The property is selling subject to anything an accurate survey or personal inspection of the property may reveal, including any existing rights-of-way, easements or claims to easements, encroachments, rights or claims of parties in possession, restrictive covenants and easements, flood zones, zoning or subdivision regulations, building codes, governmental agencies regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any. The purchaser shall have satisfied himself as to the location and condition of the property, and all descriptions thereof, before bidding. All information contained in the brochure and all promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, etc., was provided by the seller or obtained from public record and is believed to be correct; however, neither the seller nor the auctioneer makes any guarantee or warranty as to the accuracy or completeness of such information.

Easements: Sale of the property is subject to any and all easements of record.

Survey: The property will be conveyed according to the existing legal description from the previous and last conveyance unless stated that a new, current or existing survey is available.

Agency: Tays Realty & Auction, LLC and its representatives are exclusive agents of the Seller and are agents of no other party to this transaction.

Equal Opportunity Clause: All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchaser’s race, color, religion, sex, familial status, national origin, or physical handicap.

Online Auction Bidding Software Disclaimer: This is an “As-Is” Site. You accept that you use the Site to your own risk and without any guarantees or promises from Tays Realty & Auction, LLC or its Sellers. This includes the functionality and operation of the Site. Tays Realty & Auction, LLC does not guarantee that the Site will be operational 100% of the time. Tays Realty & Auction, LLC does not guarantee that you will always be able to access the auctions listed on the Site. The Site is usually available 24 hours a day, 7 days a week. However, we retain the right to make the Site unavailable from time to time for any reason. Therefore:

-Tays Realty & Auction, LLC shall not be liable for any damages arising from any interruption, suspension, or termination of the Site.

-Tays Realty & Auction, LLC, in its sole discretion, may:

--Terminate or suspend access to any bidder for any reason to our Site.

--Terminate or suspend any bidder's registration to bid and bidder account. Bidders guarantee that the information they supply to Tays Realty & Auction, LLC is accurate. Users agree to indemnify and hold Tays Realty & Auction, LLC harmless from any lawsuit based on users’ negligence or activities.

--Suspend bidding on any individual lot and/or all lots in any auction at any time.

--Extend the bidding ending date & time for any individual lot and/or all lots in any auction at any time.

Seller: Selling by order of John C. McLemore, Trustee, U.S. Bankruptcy Court, Mid. TN. Dist. Case#23-02093-CW2-7

Information contained herein believed to be correct but not guaranteed. Announcements made day of auction or published / distributed on the taysauctions.com prior to the stated online auction ending time take precedence over previously published material and oral statements.

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Real Estate (1)