This property situated lying and being in the 4th Civil District of Meigs County, Tennessee and being 1.81+/- Acres being better known as Lot 1 of the Doris Trowbridge Subdivision, being more particularly described in Warranty Deed Book V5, Page 250, offered for sale online starting March 12, 2020 and Live commencing at approximately 10:30 a.m., March 28, 2020, by Kennedy Real Estate and Auction Co. LLC. This property is being sold by recorded plat. All newspaper and/or written advertisements and verbal statements made by the owners or the Auction Company are hereby revoked and the sale is made solely on the following terms and conditions: This property is being sold as is where is. Possession will be given at closing. Closing with the purchasers will take place at the discretion of the Auction Company, at the offices of the closing attorneys. The closings will take place on or before 30 days from date of sale. This property is being sold free and clear of any and all encumbrances except for the 2020 real property taxes will be pro-rated at closing. Kennedy Real Estate & Auction Co LLC makes no representations to the Real Estate. There have been no inspections of any kind on this property. The buyer is asked to make his own inspection on the real estate being sold and Kennedy Real Estate & Auction Co. LLC makes no guarantees. This property is being sold "AS IS WHERE IS", and the buyer is accepting the property with all faults with no financing, inspections or other contingencies. The Auction company represents the Seller only and does not inspect the property on the buyers/ bidder's behalf. This sale is a 10% Buyers Premium sale. This amount will be added to the final bid price to determine the final sales price. This property is being sold subject to items shown on the plat, any setbacks, any and all utility and drainage easements, any and all rules and regulations of the State of Tennessee and the Meigs County planning and zoning commissions. The purchaser of the Home will be the person recognized by the auctioneer as having made the last and highest bid prior to the tract being announced sold and any disputes or tie bids will be settled by the Auctioneer. Purchasers closing costs on a cash sale shall be the purchaser's document preparation fees, plus all recording fees which will be done by the closing agent at the purchaser's request. Such as the Warranty Deed and any other documents necessary to grant you clear & marketable title to property. Closing costs on a terms sale shall be all purchaser's closing fees, plus loan documents, and a mortgage release fee and all recording fees for Warranty Deed and Deed of Trust. Title examination reports or Title Ins. are available through the office of Valley Title Services, 200 Decatur Pike, Athens, TN, at buyer's expense. Each purchaser will be required to sign a purchase contract and post a 10% deposit. The remainder of the purchase price shall be due in cash at closing. The purchaser of the tract will also be required to sign a promissory note for the full purchase price which will become null and void after the purchaser has fulfilled all legal and financial obligations to close this sale. Terms: A 10% non-refundable deposit of the contract price will be required day of sale. Closing will take place within 30 days from sale day. Information deemed reliable, but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. The failure of any purchaser to fully close on or before the closing date shall result in the forfeiture of any and all deposits as liquidated damages. By signing a purchase contract, each purchaser is acknowledging that they have read or heard the reading of this statement of sale and have seen restrictive covenants (or received a copy of them if any), have seen and reviewed the plat; and that they understand all the terms and conditions under which this property is being offered for sale. A good search of the public record has been performed, but for any unforeseen circumstances, the Sellers cannot grant clear & marketable title, all deposits will be refunded. Purchaser and Sellers/ Seller's Agents will be held harmless from this transaction. This statement of sale is signed by Leslie G. Kennedy, for and on behalf of Kennedy Real Estate and Auction Co. and the owner to be read aloud at the commencement of the auction sale. This statement of sale will be incorporated in the purchase contract and the Buyer will sign a copy of the foregoing. BY: Kennedy Real Estate and Auction Co. ___________________________ ___________________ LESLIE G. KENNEDY, AUCTIONEER BUYER ___________________ BUYER ___________________ DATE

A beautiful 3300+/- sq./ft, 4 bedroom, 3 1/2 bath home situated on 1.81 acres fronting Watts Bar Lake. Large Master suite on main floor with private bath, jacuzzi, stand up shower and large walk in closets. Spacious floor plan, vaulted ceiling in living roomwith stone floor to ceiling fire place. Open kitchen with a tremendous view of Watts Bar Lake. A large pantry adjoins the formal dining area. Foyer with formal living room to one side and a beautiful staircase leading you up stairs to an open balcony overlooking the livingroom and fireplace. The second floor features 3 additional bedrooms and two full baths with a game room with a wet bar. the home also has a large attached 3 car garage with a big finished bonus room above and a private access from the garage. Heated and cooled partitioned into two rooms. An additional 2 car detached garage gives you another area for your cars, boats or toys, it also has a storage area above. There are front and back concrete porches, a backyard area overlooking Watts Bar Lake, and a great place to grill. The front yard is fenced for privacy and great for children or pets. There is also a 2013 Bentley Encore 240 Cruise, pontoon boat with 150 Mercury motor & trailer. Selling live only A fish & ski boat , inboard/ outboard drive Chevy 350 engine, with trailer. Selling live only Ashley leather couch & loveseat • Coffe table • (2) End tables • Ashley king 4 post bed with metal canopy • Night stands • Chest • Mirror dresser • Standing jewelry box • Foosball table - All Personal property selling live only.