REAL ESTATE TERMS & CONDITIONS As Is, Non contingent transaction. Buyer to all due dilegence prior to the auction date. Buyer will execute purchase and sale contract at completion of auction and make a $50,000 nonrefundable doenpayment no later than the monday following the auction. Sale is not contingent on appraisal, inspection or financing. Buyer can have inspection and appraisal done prior to auction and may use financing but MUST close in 30 days. Use the time prior to the auction to complete all due diligence. Welcome to our Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms, please call our office. If you are being represented by an agent we are paying broker participation IF your agent registers using the broker participation form available on the auction site. Please note that all broker participation forms must be filled out completely and received no later than 48 hours prior to the close of the auction. Broker participation is 3% of the winning bid. Example: Winning bid of $100,000 = $3000 broker participation paid to broker at closing. This property will be sold subject to the owner's confirmation, which means the owner has the ability to reject or accept the final bid. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make a nonrefundable deposit $50,000. Payment may be made by personal check; cashier's check, wire transfer or cash. The balance is to be paid in full at closing within 30 days. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing but the auction is not contingent upon it. The contract will not be contingent upon financing, inspections or any other contingencies. Auction and its auctioneers and agents are representing the sellers as the sellers' agents. Blackwell Realty and Auction gives notice that the auctioneer or agent can bid on behalf of the seller upto the reserve price. 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 and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Tennessee Residential property exemption notification and lead-based paint disclosure will be a part of the sales contract. Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Wilson, State of Tennessee and any action brought by either party shall be brought in the Courts of the State of Tennessee. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Tennessee govern the parties agreement and their rights attended thereto. Buyer agrees that any legal filed action will take place within the county of Anderson, City of Lebanon, State of Tennessee. If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 48 Hours after you are the winning bidder. Blackwell Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.

ONE OF A KIND PROPERTY-1403 Stewarts Ferry Pike Hermitage, TN. 3000+/- SqFt 4 Bedroom 2 1/2 bath home attached to a 960+/- SqFt Shop. Very successful boat repair business for 40+ years in this location. 180+ feet of road fronrage on Old Hickory Blvd and 250+ feet on Stewarts Ferry Pike. LIVE AND ONLINE BIDDING AUG 10th at 10am CST-www.bidblackwell.com For more information or for showings contact Auctioneer Shane McCarrell at 931-302-4717 OR Auctioneer Christine Sawyers 615-995-5095. Extraordinary Multi-Use Opportunity: 1403 Stewarts Ferry Pike, Hermitage, TN. Don't miss this rare chance to acquire a versatile property with coveted CN zoning in the heart of Davidson County. Located at 1403 Stewarts Ferry Pike in Hermitage, Tennessee, this 1.44+/- acre corner lot offers unparalleled potential for commercial, residential, and short-term rental development. Key Features: - Prime CN zoning in Davidson County - 1.44+/- acre corner lot - Steps from Percy Priest Lake - Less than a mile from boat ramp - Existing 4-bedroom, 2.5-bath home (3,000+/- sq ft) - Attached 960+/- sq ft two-bay shop with large carport - Detatched 2 Car Garage - 30' x 180' boat/equipment storage with 9 bays - Additional multi-use buildings and structures This property presents a unique investment opportunity, combining the benefits of it's strategic location near Percy Priest Lake with the flexibility of its valuable zoning. The existing structures provide immediate income potential, while the generous lot size allows for future expansion or redevelopment. Whether you're envisioning a thriving commercial enterprise, a residential complex, or a lucrative short-term rental business, this property's CN zoning opens doors to a wide range of possibilities. Its proximity to Percy Priest Lake adds recreational appeal and potential for water-related businesses. Don't let this chance slip away to own a multi-use property with hard-to-find zoning in one of Davidson County's most desirable areas. Place your bid now and unlock the potential of 1403 Stewarts Ferry Pike! $50,000 Non-Refundable downpayment per home due within 48hrs of the close of auction. Purchase and sale agreement to be executed at completion of auction. Feel free to do all due diligence ahead of time, this is a contingent free transaction. Please look at the sample purchase and sale agreement included at the link below so that you are familiar with the document you will be required to execute at completion of the real estate auction. https://blackwellrealtyandauction.com/wp-content/uploads/BLANK-PURCHASE-and-SALE-AGREEMENT_FILL_-IN_THE_BLANKS.pdf https://blackwellrealtyandauction.com/wp-content/uploads/BW-Broker-Participation-Form.pdf