AUCTION TERMS & CONDITIONS : This is an ONLINE ONLY AUCTION. After close of sale the successful bidder with pay 15% Down and sign Purchase contract within 24 hours after the bidding is closed. Closing will be within 30days after the Auction at Whitworth Law in Camden, Tennessee. Buyer will pay half the closing attorney fees and all recording and state convayance taxes. If Buyer wishes to have the property surveyed , it will be a cost to the buyer. BUYERS PREMIUM: A 5% buyer premium will be added to the total of the last bid as a charge to the buyer. Down Payment of 15% may be paid with CASH or Check.(NOTE) A Credit Card processing fee will be charged if paying with CREDIT CARD. ALL SALES ARE AS IS. If the buyers fails to sign the purchase contract and pay the down payment witin 24 hours of close of the Auction. The buyers Credit Card will be processed for the down payment and forfeited by the buyer for breach on contract. Registration authorizes Keith Arnold Realty & Auction to charge the winning biders credit or debit card for the amount of the down payment. ADDITIONAL TERMS & CONDITIONS APPLY. ****Please read the following in its entirety:**** 1. Refresh Bidding: Refresh our screen constantly during the closing minutes of the bidding, or View the "Live Catalog" 2. Bidding Increments: Keith Arnold Realty & Auction auction may have different bidding increments. The software will calculate the next bid amount before submitting the bid. 3. Agency: Keith Arnold Realty & Auction, Agents and Representative are agents for the Seller. 4. Auction Ending: Keith Arnold Realty & Auction Online Auctions are times events and all bidding will close at a specified time. Keith Arnold Realty & Auction Online Auctions also have an auto-extend feature. Any bid place in the final five(5) minutes of a auction, the auction ending will be automatically extended five (5) minutes from the time the bid was placed. Exampe: if an auction is scheduled to close at 6pm receives a bid at 5:59, the close time will automatically extend to 6:04. The auto extend feature remains active until no further bids are received within a five (5) minute time frame. 5. Time Increase or Decrease: Keith Arnold Realty & Auction may increase or decrease the extended time amount at any time during the auction until the close of bidding. 6. Outbid Notification: Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, please placea max bid or constantly monitor the auction ar closing of bidding. Sometimes email notifications can be delayed. 7. Property Information & Inspection: Keith Arnold Realty & Auction is not responsible for any missing or incorrect listing information. Keith Arnold Realty & Auction has attempted to provide accurate descriptions. However, it is the bidder's responsibility to conduct any inspections to determine the condition and feasibility of the bidder's intended use. Descriptions that are provided by Ridgely Auction and Realty are provided in good faith and are matters of opinion. 8. Auctioneer's Descretion: Keith Arnold Realty & Auction has full descretion to mofify the date and time , order, and details of the auction for any reason or no reason at all, including but not limited to tecnical issues, emergencies, and convenience of Keith Arnold Realty and Auction reserves the right to modify, change or remove unsernames at any time. 9. Server & Software Technical Issues: In the event that there are technical difficulties related to the server, software or any other online auction-related technoligies, Keith Arnold Realty & Auction reserves the right to extend bidding continue the bidding, or close the bidding. Neither the company providing the software nor Keith Arnold Realty & Auction shall be held responsible for a mised bid or the failyre of the software to function property for any resaon. Email notifications may be sent to registered bidder with updated information as deemed necessary by Keith Arnold Realty & Auction. 10. Terms: 15% OF THE FINAL BID PRICE REQUIRED (REAL ESTATE) as non-refundable earnest money in the form of a certified check, cash or wire transfer within 24 hours of the close of auction, with the balance of the purchase price due within 30 day at closing. Purchaser shall be responsible for all wire transfer fees . Closing will be as specified in the Contract for Sale of Real Estate agreement. ONLINE ONLY AUCTION is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by Bidder and or Buyers are registration. Buyer may obtain financing, but said financing is in NO WAY CONTINGENT upon Buyer's obligation to close on the transaction by the closing date stated in the Contract FOR SALE.. 11. CONTRACT FOR SALE OF REAL ESTATE: The contract is required to be fully and correctly completed, WITHOUT and modifications and properly signed within 24 hours of Auction closing between 8 am -5pm the next business day. 12. CLOSING: Property is to be closed within 30 days after the auction. NO EXTENTIONS. Be prepared to close. 13. CLOSING COSTS: Seller and Buyer shall pay closing fee and document preparation fee. Seller shall also pay for any cost incurred by Keith Arnold Realty & Auction , as agreed upon in the Auction Contract, Seller shall pay no closing cost for Buyer, including any lender's fees of recording fees unless otherwise agreed to in the contract. 14. PROPERTY CONDITION : Buyer specifically acknowledges herein that the property is being purchased "AS IS" with all faults and that neither the Seller nor Keith Arnold Realty & Auction, makes any warranties or representations, expressed or implied, as to the habitability, condition, square footage, acreage or boundary lines of the property conveyed herein. 15. HOLD HARMLESS: Buyer and or Bidder agrees to hold harmless and indemnify Keith Arnold Realty & Auction and its agents, Owner, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fee, etc... 16. DISPUTES: Any dispute between Keith Arnold Realty & Auction, its Agents or Representatives and the Buyer (s) will be tried in court of jurisdiction in Benton County, Tennessee. By bidding on any item, buyer agrees to all terms and conditions, set forth. EACH PARTY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ( TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHT IT MAY HAVE TO A RRIAL BY JURY OF ANY DISPUTE ARISING UNDER OR RELATING TO THIS AGREEMENT AND AGREES THAT ANY SUCH DISPUTE SHALL BE TRIED BEFORE A JUDGE SITTING WITHOUT A JURY. 17. AUCTION BIDDER AND/OR BUYERS DEFAULT: Successful Bidder and or Buyer not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. In the event a winning Bidder and or Buyer fails to submit the signed Contract For Sale of Real Estate and Earnest money deposit, the winning Bidder and or Buyer shall pay to Keith Arnold Realty & Auction, as damages, an amount equal to the Buyer's premium and commission percentage, as set forth in said Contract, and any and all expenses incurred by the said Keith Arnold Realty & Auction, for said auction. Should Buyer's earnest money check be returned for any reason whatsoever, this shall constitute an item of default, and in addition to the remedies previously stated hereinabove, Buyer shall also pay an additional pernalty of five percent ( 5%) of the earnest money check to Keith Arnold Realty & Auction. Buyer shall also pay a reasonable attorney's fee and costs incurred in the collection of these monies owned by Buyer as a result of Buyer;s defaulty. Buyer shall also pay the Seller any damages caused by said breach of contract, including attorney's fee and costs. This shall not be prelude the Seller from suing for specific performance of the Contact of Sale, in assition to said damages/ It is specifically understood and agreed by and between the Seller and Keith Arnold Realty & Auction, that in the event the Buyer should default in the terms of this Contract in any manner whatsoever, that the earnest money, or sufficient sums therefor, shall be paid first to the agent for the Buyer's premum or commision percentage, and the balance, if any , to the Seller. Any disputes will be tried in court of jurisdiction in Benton County Tennessee. Keith Arnold Realty & Auction reserves the right to sell to the next highest Bidder and or Buyer does not comply with the rems of the sale. By bidding on the property, buyet agrees to all terms and conditions set forth. The contract is required to be fully and correctly completed, without any modifications and property signed. A contract that is incomplete, incorrect, or modified in any respect, is considered to be in default. 19. AUCTION CONCELLATION: Bid Rejection: Keith Arnold Realty & Auction reserves the right to reject any and all bids for any reason. Keith Arnold Realty & Auctionreserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed. 20. TITLE: Purchaser is responsible for purcasing title insurancde if desired. 21. DEED: Seller will provide a free and clear deed to the property. 22. POSSESSION: Possession will be given at closing. 23. REAL ESTATE TAXES AND CLOSING COST: ULESS OTHERWISE STATED IN THE CONTRACT FOR SALE OF REAL ESTATE, all taxes will be prorated to day of closing using the most current available year's tax amount. HOA fees and condominium assessments, if any, will be prorated up to the date of closing. The purchaser will pay all other closing costs associtated with the purchaser's side of the sale, including locat and sstate recording fees and any coust associated with the purchaser's loan. 24. EASEMENT: Subject to any and all easements of record whether recorded or not recorded. 25. ZONING: This property is subject to any and all zoning state or local zoning ordinances if any. 26. AGREAGE & AERIAL PHOTOS: Parcel dimensions and acresages are based on legal descriptions. Aerial photos are for illustration purposes only and not surveyed boundary line. 27. BIDDER VERIFICATION: The identity of all bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Keith Arnold Realty & Auction will reject the registration, and bidding activity will be terinated. The Seller and Keith Arnold Realty & Auction reserve the right to preclude any person from bidding. 28. BIDDER RESPONSIBILITIES: Bidder responsibilities include, but are not limited to: Bidder agree to keep their usernamne and password confidential, as they are responsible for ANY and ALL activity invoving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. Auction company employees and/or auction company may bid on auction. We gather aggregate information from the website which may include but is not limited to : number of page visitors, most vistied pages, and any and all correspondence. 29. GUARANTEE AGREEMENT: By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees earnest money payment to Keith Arnold Realty & Auction.

Great investment property: HOUSE & LOT within 2 Blocks of BETHEL UNIVERSITY in Mckenzie Tennessee.