TERMS: FOR ALL PROPERTIES- A 10% non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. This property is being sold as is without contingencies financial or other, so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% Buyers Premium auction for in person bidding, 15% for online bidding. Information deemed reliable but not guaranteed. Announcements made day if sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. NOTICE** For online bidding In order to qualify to bid you must Escrow by wire transfer $10,000.00 in US funds to Kennedy Real Estate & Auction's Escrow account to be eligible to bid online for the Real Estate being offered in this auction. These funds will be held in our escrow as good faith payment. If you are not the successful bidder, these monies will be refunded to you by Wednesday, September 1, 2021. Please call our office 865-908-8611 to make arrangements. Transfers must be made no later than Thursday, August 26, 2021 at 5:00 PM (EST). NO EXCEPTIONS! Kennedy Real Estate & Auction will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication's, before, during or after the auction. Kennedy Real Estate & Auction Co will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auction company's sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the item. In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder. NOTICE: Under U.S. c4582 (d) the purchaser of a single-family residence has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint hazards. August 18, 2021 begins this ten (10) day period. Auctioneer presents all information in brochures, catalogs and other advertisements from sources believed to be accurate, and are not representations of the Auctioneer. Therefore, prospective buyers are urged to inspect the properties to their own satisfaction. The Auctioneer is an agent only and does not represent the buyer.

INCOME PRODUCING PROPERTIES!!! 31+/- Acres offered intracts or as a whole. 5885 Rutledge Pike, Rutledge, TN. SALE #1 1. Lot 1 is 14.65 +/- level acres producing $810.00 monthly. Improved with 4 mobile home sites, 3 rented pads & 1- 16x80 owned. Beautiful tract with room for future improvements. Approx. 180ft of Hwy frontage on Hwy 11W. 2. Lot 2 is 1.02+/- level acres producing $695.00 monthly. Improved with Historic early 1900's rustic log home with lots of potential. Residential or commercial, with lots of covered porches, well house, fronting Hwy 11W approx. 284ft. 3. Lot 3 is 5.02+/- level acres improved with barn & mobile home site. Open meadow excellent for future development. Fronts Hwy 11W approx. 50ft and existing Elizabeth Ln approx. 645ft. 4. Lot 4 is 5.01 unimproved acres with excellent building sites & views for future development. Fronts Hwy 11W approx. 50ft and existing Elizabeth Ln approx. 587ft. 5. Lot 5 is 5.667 acres across Hwy 11W. This tract is unimproved with creekfront, it corners Hwy 11W and Bluff Rd, fronting the waters of Richland Creek approx. 560ft, Bluff Rd approx. 445ft & Hwy 11W approx. 610ft. Utility water runs along Rutledge Pike, Hwy 11W. Beautiful views from this property, level and easy drive to Rutledge, Dandridge, Morristown, Jefferson City & Knoxville. SALE #2 171 Hillview Ave, Knoxville, TN Shown by Appointment only- Produces $600.00 monthly. Water, sewer & gas available. All within the Knoxville City Limits, just off Rutledge Pk, 2 minutes from the I-40 / Rutledge Pk exchange. DIRECTIONS: TO SALE 1- From Rutledge City Hall take US 11W South appx. 5.3 mi to sale site. From the Rutledge Pk Exit off I-40- take Rutledge Pk exit toward Rutledge Hwy (11W) Travel North appx. 24 miles to sale site. TO SALE 2- Just off Rutledge Pk exchange, take Hwy 11W appx. 3/10 of a mile toward Rutledge, then 3/10 of a mile to left onto Ault Rd, follow 300ft, slight left to property straight ahead. NOTICE** For online bidding In order to qualify to bid you must Escrow by wire transfer $10,000.00 in US funds to Kennedy Real Estate & Auction's Escrow account to be eligible to bid online for the Real Estate being offered in this auction. These funds will be held in our escrow as good faith payment. If you are not the successful bidder, these monies will be refunded to you by Wednesday, September 1, 2021. Please call our office 865-908-8611 to make arrangements. Transfers must be made no later than Thursday, August 26, 2021 at 5:00 PM (EST). NO EXCEPTIONS!