Real Estate Terms: Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer�s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. Sales are subject to Seller approval. By bidding you are entering into a binding agreement. M&M Title Company will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before March 22nd, 2024. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.** Thank you for participating in this Powell Auction & Realty LLC Online Auction. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders. New Bidders, please Pre-Register, we will have to approve you to Bid!

4 Building Lots in Rock Harbor and Lone Mountain Shores � New Tazewell, TN 37825 ONLINE ONLY REAL ESTATE AUCTION Building lots in beautiful Norris Lake subdivisions BIDDING BEGINS TO CLOSE: Wednesday, February 21st at 12:00PM � Noon (ET) LOT 410 � Mystic Star Drive � Rock Harbor Wooded seasonal lakefront lot Approx. 0.95+/- acre Rock Harbor II, Section I subdivision Located in a dockable zone � would have to go through the application/approval process with TVA Norris Lakefront community offers lake access, playground, putting greens, volleyball & basketball courts, and covered marina with slips Ability to apply for a covered boat slip ($325 per year per vessel), kayak rack ($50 per year per vessel), jet ski lift ($200 per year per vessel), and trailer/RV parking ($300 per year per trailer/RV) HOA Fee: $375 per year Claiborne County Parcel/Tax ID: 124K B 030.00 Current yearly property taxes: $113.00 per year LOT 455 � Silver Trail � Rock Harbor Wooded lot Approx. 1.00+/- acre Rock Harbor II, Section II subdivision Norris Lakefront community offers lake access, playground, putting greens, volleyball & basketball courts, and covered marina with slips Ability to apply for a covered boat slip ($275 per year per vessel), kayak rack ($50 per year per vessel), and jet ski ramps ($150 per year per vessel) HOA Fee: $315 per year Claiborne County Parcel/Tax ID: 124O A 004.00 Current yearly property taxes: $115.50 per year LOT 461 � Smokey Quartz Boulevard � Rock Harbor Cleared lot Lake views Approx. 0.62+/- acre Rock Harbor II, Section I subdivision Norris Lakefront community offers lake access, playground, putting greens, volleyball & basketball courts, and covered marina with slips Ability to apply for a covered boat slip ($275 per year per vessel), kayak rack ($50 per year per vessel), and jet ski ramps ($150 per year per vessel) HOA Fee: $315 per year Claiborne County Parcel/Tax ID: 124I A 093.00 Current yearly property taxes: $115.50 per year LOT 359 � Morning Glory Road � Lone Mountain Shores Large wooded lakefront lot Approx. 1.9+/- acres Over 300' of water frontage Lone Mountain Shores 5B subdivision Norris Lakefront community offers lake access, clubhouse, boat launch, 2 community boat docks, private marina with boat slips, and lakeside picnic area HOA Fee: $330 per year Claiborne County Parcel/Tax ID: 132M B 034.00 Current yearly property taxes: $237.00 per year