GENERAL TERMS<br>
TONY HARRISON ESTATE AUCTION<br>
7446 HWY. 45E. ~ MARTIN, TN.<br>
SATURDAY ~ JULY 1ST, 2017 ~ 10 A.M.<br>
MARTIN, TN 38237<br>
<br>
THIS IS A LIVE AUCTION WITH PRE-AUCTION BIDDING.<br>
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PRE-AUCTION BIDS ARE ACCEPTED ON REAL ESTATE MOBILE HOMES AND TRAVEL TRAILERS. BIDDING WILL NOT CLOSE UNTIL THE FALL OF THE HAMMER AT THE LIVE AUCTION. NO PRE-AUCTION BIDDING ON PERSONAL PROPERTY, SHOP TOOLS AND INVENTORY. PRE-AUCTION BIDS WILL BE ENTERED DURING THE LIVE AUCTION.<br>
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PRE-AUCTION BIDDERS CAN ENTER THEIR MAX BID TO BE ENTERED AT THE LIVE AUCTION.<br>
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ALL BIDDERS ON-LINE MUST BE PRE-APPROVED BY ALEXANDER AUCTIONS & REAL ESTATE SALES. CALL ALEXANDER AUCTIONS & REAL ESTATE SALES AT (731) 587-4244.<br>
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1. ALEXANDER AUCTIONS & REAL ESTATE SALES HAS BEEN COMMISSIONED BY L.C CAVIN, EXECUTOR TO SELL THIS PROPERTY TO THE HIGHEST BIDDER. <br>
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2. REAL ESTATE IS LOCATED AT TWO DIFFERENT LOCATIONS.<br>
<br>
GATEWAY TRAILER COURT AND 10.88 ACRES<br>
7446 HWY. 45E, MARTIN, TENNESSEE 38237<br>
1. REAL ESTATE OFFERED IN 3 TRACTS & COMBINATIONS ACCORDING TO SERATT SURVEYING PLAT.<br>
2. WEAKLEY COUNTY TAX MAP 99 PARCEL 8.00<br>
<br>
DEED REFERENCE: D.B. 413, P.G 591 &; D.B. 41, P.G. 1226; WEAKLEY COUNTY REGISTER’S OFFICE - 14TH CIVIL DISTRICT.<br>
3. 12 MOBILE HOMES OFFERED SEPARATE AND COMBINED WITH REAL ESTATE.<br>
<br>
<br>
SHADY GROVE TRAILER COURT AND 1.073 ACRES<br>
1265 ELM STREET, MARTIN, TENNESSEE 38237<br>
1. PROPERTY OFFERED IN 1 TRACT.<br>
2. WEAKLEY COUNTY TAX MAP 79; PARCEL 38.00 IN MARTIN CITY LIMITS.<br>
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3. DEED REFERENCE: D.B. 189, P.G. 329 WEAKLEY COUNTY REGISTER OFFICE, 2ND CIVIL DISTRICT.<br>
4. MOBILE HOMES OFFERED SEPARATE AND COMBINED WITH REAL ESTATE.<br>
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3. PROPERTY SURVEYED BY SERATT SURVEYING, LLC., 7750 NEW HOME ROAD, MARTIN, TN 38237. <br>
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4. TERMS ON REAL ESTATE: 15% DOWN DAY OF AUCTION. BALANCE DUE WITHIN 30 DAYS UPON DELIVERY OF DEED. PAYABLE IN CASH, CASHIERS CHECK, OR PERSONAL CHECK WITH CURRENT BANK LETTER OF GUARANTEE MADE TO ALEXANDER AUCTIONS & REAL ESTATE SALES REQUIRED BY ALL PERSONS NOT PERSONALLY KNOWN BY AUCTION COMPANY. <br>
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5. 2017 TAXES PRO-RATED DATE OF CLOSING CALCULATED ON THE 2016 TAXES.<br>
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6. A 10% BUYER’S PREMIUM WILL BE ADDED TO THE FINAL BID ON THE REAL ESTATE TO REACH THE TOTAL SALES PRICE AND CONTRACT PRICE.<br>
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7. POSSESSION OF PROPERTY WITH DEED TRANSFER AT CLOSING. <br>
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8. REAL ESTATE CLOSING: REAL ESTATE CLOSING WILL BE HELD AT THE UNGER & GODWIN LAW OFFICE AT 405 S. LINDELL ST., MARTIN, TENNESSEE 38237. LANGDON S. UNGER, JR. ATTORNEY FOR THE TONY HARRISON ESTATE.<br>
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9. ALEXANDER AUCTIONS & REAL ESTATE SALES AND ALL AGENTS WORKING AT THIS AUCTION ARE ACTING AS AN AGENT FOR THE SELLER.<br>
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10. PURCHASERS AND PURCHASER’S REPRESENTATIVES HAVE HAD THE OPPORTUNITY TO INSPECT THIS PROPERTY AND WILL AGREE TO ALL BIDS AND PURCHASE SAID PROPERTY AS A RESULT OF THEIR INSPECTION.<br>
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11. ALEXANDER AUCTIONS & REAL ESTATE SALES AND SELLER HAS NOT MADE, DOES NOT MAKE, AND EXPRESSLY DISCLAIMS, ANY WARRANTIES, REPRESENTATIONS, COVENANTS OR GUARANTEES, EXPRESSED OR IMPLIED, OR ARISING OUT BY OPERATION OF LAW, AS TO THE MERCHANTABILITY, HABITABILITY, QUANTITY, QUALITY OR ENVIRONMENTAL CONDITION OF THE PROPERTY OR ITS SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR PARTICULAR USE.<br>
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12. THE PURCHASER DOES HEREBY ACKNOWLEDGE THAT THE SUBJECT PROPERTY IS PURCHASED AT PUBLIC AUCTION AND THAT A PREREQUISITE TO BIDDING IS THAT THE REAL ESTATE IS PURCHASED ABSOLUTELY “AS IS” WITH NO WARRANTY WHATSOEVER AS TO THE CONDITION OF THE SAME.<br>
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13. NO ONE SHOULD MAKE A BID THAT HE/SHE DOES NOT WANT TO HONOR OR IS NOT FINANCIALLY ABLE TO HONOR. <br>
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14. NO PURCHASE IS CONTINGENT ON FINANCING, APPRAISALS, PROPERTY OR HOME INSPECTIONS OR ANY OTHER CONTINGENCIES. <br>
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15. TRAILERS WILL BE OFFERED SEPARATE TO BE REMOVED AND COMBINED WITH REAL ESTATE.<br>
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16. IN THE EVENT ANY TRAILERS SELLS SEPARATE FROM REAL ESTATE, PURCHASER SHALL HAVE SIXTY DAYS FROM THE DATE OF THE AUCTION TO REMOVE THE TRAILER FROM THE PROPERTY.<br>
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17. TRAILERS SELLING SEPARATE FROM THE REAL ESTATE MUST BE PAID IN FULL FOR ON AUCTION DAY.<br>
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18. MINIMUM BID ON ANY TRAILER TO BE REMOVED IS $150.00 OR MORE. <br>
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19. TRAILERS SELLING FOR $750.00 OR LESS REQUIRE A $500.00 DEPOSIT UNTIL THE HOME IS REMOVED.<br>
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20. ALL ELECTRICAL SERVICES, INCLUDING POLES, WIRING AND JUNCTION BOXES ARE TO REMAIN WITH THE REAL ESTATE.<br>
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21. ELECTRICAL BOXES ATTACHED TO TRAILER HOMES REMAIN WITH THE TRAILER HOME.<br>
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22. ALL TRAILERS NEED REPAIRS. NO REPAIRS WILL BE MADE BY SELLER.<br>
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23. NO TRAILER CAN BE BURNED, SCRAPPED OR DISMANTLED ON THE PROPERTY.<br>
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24. PROPERTY AND IMPROVEMENTS ARE BEING SOLD IN THEIR PRESENT CONDITION “AS IS”. NO IMPROVEMENTS WILL BE MADE. THERE ARE NO WARRANTIES OR GUARANTEES EXPRESSED OR IMPLIED AS TO CONDITION OR FITNESS FOR USE. THE WARRANTIES OF HABITABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND PARTICULAR USE ARE EXPRESSLY EXCLUDED.<br>
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25. ALEXANDER AUCTIONS, EXECUTOR, AND SELLERS WILL NOT BE RESPONSIBLE TO THE PURCHASER(S) OF THE REAL ESTATE FOR ANY DAMAGE OR THE CONDITION OF THE REAL ESTATE AFTER THE REMOVAL OF ANY TRAILERS.<br>
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26. ANY INFORMATION SUPPLIED IN THE TERMS AND CONDITIONS CONCERNING THE PROPERTY INFORMATION AND TAX AMOUNTS ARE SUPPLIED TO ACCOMMODATE THE PURCHASER(S). IT IS THE PURCHASER’S SOLE RESPONSIBILITY TO HAVE COMPLETED THEIR OWN DUE DILIGENCE SURVEY, RESEARCH, INSPECTION, CHECKING AND BID ACCORDING TO THEIR DUE DILIGENT SURVEY AND RESEARCH.<br>
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27. FAILURE TO PAY THE BALANCE DUE WILL REQUIRE YOU TO FORFEIT YOUR EARNEST MONEY AND BECOME SUBJECT TO ALL TERMS IN THE CONTRACT.<br>
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28. PROPERTY SELLS SUBJECT TO EXISTING EASEMENTS.<br>
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29. PROPERTY SELLS SUBJECT TO ANY CITY, COUNTY, STATE OR SUBDIVISION ZONING REGULATIONS OR RESTRICTIONS THAT EXIST.<br>
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30. PURCHASERS SHOULD CONTACT THEIR ATTORNEY TO COMPLETE THEIR TITLE OPINION IMMEDIATELY FOLLOWING THE AUCTION. CONTRACT DOES NOT PROVIDE FOR AN EXTENSION DUE TO AN ATTORNEY FAILING TO COMPLETE TITLE WORK OR YOUR LOAN CLOSING NOT BEING SET UP IN TIME TO MEET THE THIRTY (30) DAY CLOSING PERIOD. CONTACT YOUR ATTORNEY IMMEDIATELY!<br>
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31. COMPLIANCE WITH THE TERMS OF SALE: IN DEFAULT OF PAYMENT OF BILLS IN FULL WITHIN THE TIME ANNOUNCED FOR THIS AUCTION, THE AUCTIONEER IN ADDITION TO ALL OTHER REMEDIES ALLOWED BY LAW MAY RETAIN ALL MONIES RECEIVED AS DEPOSIT OR OTHERWISE, AS LIQUIDATED DAMAGES. LOTS NOT PAID FOR WITHIN THE TIME SPECIFIED HEREIN MAY BE RESOLD AT PUBLIC OR PRIVATE SALES WITHOUT FURTHER NOTICE. ANY RESULTING DEFICIENCY TOGETHER WITH ALL EXPENSE AND COSTS OF RE-SALE WILL BE THE RESPONSIBILITY OF THE DEFAULTING PURCHASER. <br>
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32. OPEN HOUSE TUESDAY JUNE 27TH; 3:00 P.M. – 6:00 P.M. MOBILE HOMES AND TRAVEL TRAILERS ARE OPEN AND AVAILABLE FOR YOUR INSPECTION WITHOUT AN AUCTION REPRESENTATIVE.<br>
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33. BIDDERS WHO BID OFF-SITE AND ARE NOT PRESENT AT THE LIVE AUCTION OR PREVIEW UNDERSTAND AND ACKNOWLEDGE THAT THEY MAY NOT BE ABLE TO INSPECT AN ITEM AS WELL AS IF THEY EXAMINED IT IN PERSON. IT IS THE BIDDER’S RESPONSIBILITY TO DETERMINE CONDITION, AGE, GENUINENESS, VALUE OR ANY OTHER DETERMINATIVE FACTOR.<br>
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34. ALEXANDER AUCTIONS & REAL ESTATE SALES IS PROVIDING INTERNET PRE-AUCTION AND LIVE BIDDING AS A SERVICE TO BIDDER. BIDDER ACKNOWLEDGES AND UNDERSTANDS THAT THIS SERVICE MAY OR MAY NOT FUNCTION CORRECTLY THE DAY OF THE AUCTION. UNDER NO CIRCUMSTANCES SHALL BIDDER HAVE ANY KIND OF CLAIM AGAINST ALEXANDER AUCTIONS & REAL ESTATE SALE OR ANYONE ELSE IF THE INTERNET SERVICE FAILS TO WORK CORRECTLY BEFORE OR DURING THE LIVE AUCTION. ALEXANDER AUCTIONS & REAL ESTATE SALES WILL NOT BE RESPONSIBLE FOR ANY MISSED BIDS FROM ANY SOURCE. INTERNET BIDDERS WHO DESIRE TO MAKE CERTAIN THEIR BID IS ACKNOWLEDGED SHOULD LEAVE THEIR MAXIMUM BID 24 HOURS BEFORE THE AUCTION BEGINS.<br>
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35. ALL TIE BIDS WILL BE SETTLED FROM THE AUCTION STAND BY THE AUCTIONEER AND HIS DECISION WILL BE FINAL. THE AUCTIONEER WILL HAVE THE RIGHT TO RE-OPEN THE BID BETWEEN ALL BIDDERS.<br>
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36. ANY INDIVIDUAL ATTENDING THE AUCTION OR WORKING AT THE AUCTION HAS THE RIGHT TO BID AND PURCHASE THE PROPERTY.<br>
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37. AUCTIONEER AND SALES MANAGEMENT RESERVE THE RIGHT TO BID OR EXECUTE ANY ABSENTEE OR OTHER BIDS THAT ARE TURNED IN TO THEM.<br>
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38. ALEXANDER AUCTIONS & REAL ESTATE SALES WILL NOT BE RESPONSIBLE FOR ANY MISSED BIDS OR UNEXECUTED BIDS FROM ANY SOURCE. <br>
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39. ALL INFORMATION USED IN THE ADVERTISING AND PROMOTION OF THIS AUCTION HAS BEEN OBTAINED FROM PUBLIC RECORDS AND OTHER SOURCES DEEMED TO BE LIABLE AND ARE BELIEVED TO BE TRUE AND CORRECT. NO WARRANTIES ARE MADE TO THIS EFFECT.<br>
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40. EACH BUYER IN MAKING A BID DOES HEREWITH AGREE TO COMPLY WITH THE TERMS AND CONDITIONS AS HEREIN STATED AND AS OTHERWISE SET FORTH. THE FAILURE OR DEFAULT BY A SUCCESSFUL BUYER TO FULLY COMPLY WITH THE TERMS AND CONDITIONS HEREIN WILL BE TREATED AS A IMMEDIATE BREACH AND THE DEPOSIT AS MADE RETAINED AND APPLIED TOWARD ANY DEFICIT IN ADDITIONAL COSTS OR CHARGES AS INCURRED TO EFFECT THE RESALE OF THAT PROPERTY A PRIVATE OR PUBLIC SALE. THERE SHALL BE NO FURTHER NOTICE REQUIRED TO THE BUYERS ONCE A DEFAULT HAS OCCURRED. THE OBLIGATION OF THE BUYER SHALL BE FOR COST AS INCURRED PLUS ANY DEFICIT INCLUDED ARISING FROM THE BUYER’S DEFAULT.<br>
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41. ALL BIDDERS AGREE TO AND ACCEPT THESE TERMS AND CONDITIONS AND AGREE TO BID ACCORDING TO THESE TERMS.<br>
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42. PROPERTY IS BEING SOLD SUBJECT TO THESE TERMS, SPECIFIC TERMS, AND ANY OTHER TERMS ANNOUNCED AT THE AUCTION. THESE TERMS WILL BE ATTACHED TO THE SALES CONTRACT FOR FUTURE REFERENCE.<br>
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43. ALL ANNOUNCEMENTS MADE FROM THE AUCTION STAND WILL TAKE PRECEDENCE OVER ANY PREVIOUS ANNOUNCEMENTS OR STATEMENTS.<br>
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WE APPRECIATE YOU INTEREST IN THIS AUCTION AND WE WILL BE GLAD TO ANSWER ANY QUESTIONS YOU MAY HAVE. <br>
<br>
Alexander<br>
AUCTIONS & REAL ESTATE SALES<br>
MARVIN E. ALEXANDER CAI – LIC. 9, FL 107<br>
239 University Street &#61566; P. O. Box 129 ~ MARTIN, TN 38237<br>
Office: (731) 587-4244) Cell: (731) 225-7368<br>
Email: [email protected]<br>
SEE OUR WEBSITE: www.alexanderauctions.com<br>
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EXHIBIT “MULTI PARCEL AUCTION RULES'<br>
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1. ALL BIDDERS AGREE TO REMAIN AT THE AUCTION UNTIL ALL LOTS ARE EITHER DECLARED SOLD INDIVIDUALLY OR IN COMBINATIONS OR THE SALE OF ANY OR ALL TRACTS ARE REJECTED.<br>
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2. ALL BIDS ARE TO REMAIN ACTIVE AND LIVE THROUGHOUT AUCTION.<br>
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3. ALL LOTS WILL BE OFFERED INDIVIDUALLY, IN COMBINATIONS, AND AS A WHOLE.<br>
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4. PURCHASER(S) CAN BID ON ANY COMBINATION OF TRACTS.<br>
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5. PURCHASER(S) SHALL BE ALLOWED TO BID ON ANY TRACT WHEN THEY ARE OFFERED INDIVIDUALLY OR AT ANY TIME THEREAFTER, REGARDLESS IF THEY ARE INVOLVED IN A COMBINATION OR NOT UNTIL THE END OF THE AUCTION.<br>
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6. A BIDDER COULD BE PUT OUT OF THE WINNING POSITION BY A COMBINATION BID OR RAISED INDIVIDUAL BIDS AND THEN A BIDDER CAN COME BACK INTO THE WINNING POSITION WHEN SOMEONE ELSE RAISES OTHER LOTS OR OTHER COMBINATION BIDS ARE MADE.<br>
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7. MINIMUM BID RAISES TO MAKE A NEW COMBINATION OF LOTS SHALL BE AT LEAST $500.00 OR 2% WHICHEVER IS GREATER.<br>
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9. A BIDDER CAN BID AND RAISE THE SALES PRICE ON ANY INDIVIDUAL LOT LISTED ON THE BOARD OR ANY COMBINATION LISTED ON THE BOARD AT ANY TIME AFTER THEY ARE OFFERED INDIVIDUALLY EVEN THOUGH THE AUCTIONEER MAY NOT BE ASKING FOR A BID ON THAT PARTICULAR LOT. THESE BIDS MAY BE LESS THAN THE MINIMUM RAISE STATED ABOVE BECAUSE THIS IS CONSIDERED TO BE HEADS UP BIDDING AND EACH INDIVIDUAL HAS THE SAME OPPORTUNITY.<br>
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10. TO MAKE A BID AND RAISE A BID AS STATED IN THE PREVIOUS NUMBER TURN YOUR BID INTO ONE OF THE RING PERSONNEL ALONG WITH YOUR BIDDER NUMBER SO THEY CAN BE ENTERED AND RECORDED.<br>
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11. THE COMPUTER WILL CALCULATE ALL INDIVIDUAL BIDS AND COMBINATION BIDS ARE IN THE WINNING POSITION DURING THE AUCTION. WHEN SOMEONE MAKES A HIGHER BID ON ALL THE LOTS AND ACREAGE AND THE BIDDING CEASES, THAT BID IS ENTERED IN THE COMPUTER.<br>
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12. THE AUCTIONEER WILL THEN ASK FOR RAISES ON INDIVIDUAL LOTS AND COMBINATIONS. WHEN INDIVIDUAL BIDS AND COMBINATION BIDS ARE RAISED AND THEY TOTAL MORE THAN THE TOTAL COMBINATION BID. ANYONE RAISING ALL THE LOTS AND ACREAGE MUST MAKE A BID ABOVE THE NEW TOTAL. WHEN THIS HAPPENS THE PROCESS STARTS ALL OVER.<br>
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13. IT IS POSSIBLE IN THIS AUCTION TO HAVE A TIE AMONG BIDDERS AT THE END OF THE AUCTION. IN THE EVENT NONE OF THE PURCHASERS WILL INCREASE THEIR BID, MARVIN E. ALEXANDER AND SELLERS SHALL MAKE THE DETERMINATION OF THE FINAL PURCHASER/PURCHASERS CONSIDERING THE TOTAL MONEY SPENT BY AN INDIVIDUAL AND/OR POSSIBLY THE TOTAL NUMBER OF LOTS PURCHASED.<br>
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MULTIPLE BIDDERS OR BY ONE BIDDER, THE MULTI-PAR PROGRAM TRACKS EACH INDIVIDUAL BID AND EACH COMBINATION TO REACH THE HIGHEST TOTAL.<br>
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SPECIFIC TERMS<br>
TONY HARRISON ESTATE AUCTION<br>
7446 HWY. 45E. MARTIN, TN.<br>
<br>
GATEWAY TRAILER COURT AND 10.88 ACRES<br>
7446 HWY. 45E, MARTIN, TENNESSEE 38237<br>
WEAKLEY COUNTY TAX MAP 99, PARCEL 8.00<br>
<br>
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1. WEAKLEY COUNTY TAXES. FARM SHOP & MOBILE HOME PADS - $230.00. <br>
MOBILE HOME TAXES $273.00 <br>
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2. SOME TRAILERS MAY BE LIVABLE: SOME REQUIRE MAJOR REPAIRS.<br>
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3. EACH TRAILER PURCHASED SEPARATE FROM LAND FOR $750.00 OR LESS BEFORE BUYER’S PREMIUM REQUIRES A $500.00 SECURITY DEPOSIT UNTIL TRAILER AND REMNANTS FROM THE PROPERTY ARE REMOVED. ALEXANDER AUCTIONS WILL BE THE ESCROW AGENT. <br>
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4. SECURITY DEPOSITS WILL BE REFUNDED WHEN TRAILER AND ANY DEBRIS IS REMOVED AND PROPERTY AND OTHER IMPROVEMENTS ARE NOT DAMAGED.<br>
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5. ALEXANDER AUCTIONS, THE EXECUTOR AND SELLERS HAVE NO KNOWLEDGE ABOUT THE CONDITION OF THE PARK AND IMPROVEMENTS OTHER THAN WHAT YOU CAN BE MADE BY VISIBLE INSPECTION.<br>
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6. ALEXANDER AUCTIONS HAS NO KNOWLEDGE ABOUT THE NUMBER OF SEPTIC TANKS AND FIELD LINES, ELECTRIC WIRING, BOXES AND POLES CONDITION, WELL CONDITION, OR UTILITY WATER LINES.<br>
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7. TRAILERS ARE SOLD WITHOUT TITLES, (BILL OF SALE ONLY), AND SELL AS SALVAGE HOMES. <br>
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8. PURCHASER MUST PAY FOR ALL COSTS TO REMOVE ANY TRAILER AND IS TO BE REMOVED.<br>
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9. UTILITY PIPES UNDER TRAILER ARE TO BE DISCONNECTED ABOVE GROUND AND LEFT INTACT.<br>
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10. SOME TRAILERS HAVE WHEELS AND AXLES AND SOME MAY NOT HAVE WHEELS AND AXLES. <br>
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11. SECURITY DEPOSITS WILL NOT BE REFUNDED IF THE TRAILER IS NOT REMOVED WITH IN 60 DAYS FROM AUCTION DATE.<br>
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12. SECURITY DEPOSITS WILL BE REFUNDED WHEN TRAILER AND ANY DEBRIS IS REMOVED PROVIDED PROPERTY AND OTHER IMPROVEMENTS ARE NOT DAMAGED.<br>
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13. TRACT 3: THE EAST PORTION OF THIS TRACT WAS USED AS A SEWAGE LAGOON FOR NUMBER OF YEARS WHEN LAGOONS WERE LEGAL.<br>
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14. DECKS PORCHES AND AIR UNITS ARE PART OF THE TRAILER AND MUST BE REMOVED.<br>
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15. ANY FURNITURE, PERSONAL PROPERTY & ITEMS NOT SOLD SEPARATE AT AUCTION WILL REMAIN WITH THE TRAILER AND MUST BE REMOVED WITH THE TRAILER.<br>
<br>
SPECIFIC TERMS<br>
TONY HARRISON ESTATE AUCTION<br>
SHADY GROVE TRAILER PARK<br>
1265 ELM STREET, MARTIN, TENNESSEE 38237<br>
WEAKLEY COUNTY TAX MAP 79, PARCEL 38.00<br>
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1. PROPERTY LOCATED WITH IN THE CITY LIMITS OF MARTIN. <br>
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2. MARTIN ZONING: PROPERTY IS LOCATED IN A R-1 ZONE. <br>
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3. ANY SINGLE WIDE TRAILER REMOVED CANNOT BE REPLACED WITH A NEW SINGLE WIDE.<br>
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4. ALEXANDER AUCTIONS HAS NO KNOWLEDGE OF ANY RESTRICTIONS ON THE LOT.<br>
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5. CITY SEWER IS AVAILABLE: CITY OF MARTIN DOES NOT HAVE RECORDS INDICATING IF THE TRAILERS WERE EVER CONNECTED TO THE SEWER.<br>
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6. TRAILERS NEED REPAIR AND SOME REQUIRE MAJOR REPAIRS.<br>
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7. EACH TRAILER PURCHASED SEPARATE FROM LAND FOR $750.00 OR LESS BEFORE BUYER’S PREMIUM REQUIRES A $500.00 SECURITY DEPOSIT UNTIL TRAILER AND REMNANTS ARE REMOVED FROM THE LOT. ALEXANDER AUCTIONS WILL BE THE ESCROW AGENT. <br>
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8. SECURITY DEPOSITS WILL BE REFUNDED WHEN TRAILER AND ANY DEBRIS IS REMOVED PROVIDED PROPERTY AND OTHER IMPROVEMENTS ARE NOT DAMAGED.<br>
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9. ALEXANDER AUCTIONS, THE EXECUTOR AND SELLERS HAVE NO KNOWLEDGE ABOUT THE CONDITION OF THE PARK AND IMPROVEMENTS OTHER THAN WHAT CAN BE MADE BY VISIBLE INSPECTION<br>
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10. ALEXANDER AUCTIONS HAS NO KNOWLEDGE ABOUT THE NUMBER OF SEPTIC TANKS AND FIELD LINES, ELECTRIC CONDITION, WELL CONDITION, OR UTILITY WATER LINES.<br>
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11. TRAILERS ARE SOLD WITHOUT TITLES, (BILL OF SALE ONLY), AND SELL AS SALVAGE HOMES. <br>
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12. PURCHASER MUST PAY FOR ALL COSTS TO REMOVE ANY TRAILER AND ALL REMNANTS TO BE REMOVED.<br>
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13. UTILITY PIPES UNDER TRAILER ARE TO BE DISCONNECTED ABOVE GROUND AND LEFT INTACT.<br>
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14. SOME TRAILERS HAVE WHEELS AND AXLES AND SOME MAY NOT HAVE WHEELS AND AXLES. <br>
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15. SECURITY DEPOSITS WILL NOT BE REFUNDED IF THE TRAILER IS NOT REMOVED WITH IN 60 DAYS FROM AUCTION DATE.<br>
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16. DECKS PORCHES AND AIR UNITS ARE PART OF THE TRAILER AND MUST BE REMOVED.<br>
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17. ANY FURNITURE, PERSONAL PROPERTY & ITEMS NOT SOLD SEPARATE AT AUCTION WILL REMAIN WITH THE TRAILER AND MUST BE REMOVED WITH TRAILER.
TONY HARRISON ESTATE AUCTION<br>
7446 HWY. 45E. ~ MARTIN, TN.<br>
SATURDAY ~ JULY 1ST, 2017 ~ 10 A.M.<br>
MARTIN, TN 38237<br>
<br>
THIS IS A LIVE AUCTION WITH PRE-AUCTION BIDDING.<br>
<br>
PRE-AUCTION BIDS ARE ACCEPTED ON REAL ESTATE MOBILE HOMES AND TRAVEL TRAILERS. BIDDING WILL NOT CLOSE UNTIL THE FALL OF THE HAMMER AT THE LIVE AUCTION. NO PRE-AUCTION BIDDING ON PERSONAL PROPERTY, SHOP TOOLS AND INVENTORY. PRE-AUCTION BIDS WILL BE ENTERED DURING THE LIVE AUCTION.<br>
<br>
PRE-AUCTION BIDDERS CAN ENTER THEIR MAX BID TO BE ENTERED AT THE LIVE AUCTION.<br>
<br>
ALL BIDDERS ON-LINE MUST BE PRE-APPROVED BY ALEXANDER AUCTIONS & REAL ESTATE SALES. CALL ALEXANDER AUCTIONS & REAL ESTATE SALES AT (731) 587-4244.<br>
<br>
1. ALEXANDER AUCTIONS & REAL ESTATE SALES HAS BEEN COMMISSIONED BY L.C CAVIN, EXECUTOR TO SELL THIS PROPERTY TO THE HIGHEST BIDDER. <br>
<br>
2. REAL ESTATE IS LOCATED AT TWO DIFFERENT LOCATIONS.<br>
<br>
GATEWAY TRAILER COURT AND 10.88 ACRES<br>
7446 HWY. 45E, MARTIN, TENNESSEE 38237<br>
1. REAL ESTATE OFFERED IN 3 TRACTS & COMBINATIONS ACCORDING TO SERATT SURVEYING PLAT.<br>
2. WEAKLEY COUNTY TAX MAP 99 PARCEL 8.00<br>
<br>
DEED REFERENCE: D.B. 413, P.G 591 &; D.B. 41, P.G. 1226; WEAKLEY COUNTY REGISTER’S OFFICE - 14TH CIVIL DISTRICT.<br>
3. 12 MOBILE HOMES OFFERED SEPARATE AND COMBINED WITH REAL ESTATE.<br>
<br>
<br>
SHADY GROVE TRAILER COURT AND 1.073 ACRES<br>
1265 ELM STREET, MARTIN, TENNESSEE 38237<br>
1. PROPERTY OFFERED IN 1 TRACT.<br>
2. WEAKLEY COUNTY TAX MAP 79; PARCEL 38.00 IN MARTIN CITY LIMITS.<br>
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3. DEED REFERENCE: D.B. 189, P.G. 329 WEAKLEY COUNTY REGISTER OFFICE, 2ND CIVIL DISTRICT.<br>
4. MOBILE HOMES OFFERED SEPARATE AND COMBINED WITH REAL ESTATE.<br>
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3. PROPERTY SURVEYED BY SERATT SURVEYING, LLC., 7750 NEW HOME ROAD, MARTIN, TN 38237. <br>
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4. TERMS ON REAL ESTATE: 15% DOWN DAY OF AUCTION. BALANCE DUE WITHIN 30 DAYS UPON DELIVERY OF DEED. PAYABLE IN CASH, CASHIERS CHECK, OR PERSONAL CHECK WITH CURRENT BANK LETTER OF GUARANTEE MADE TO ALEXANDER AUCTIONS & REAL ESTATE SALES REQUIRED BY ALL PERSONS NOT PERSONALLY KNOWN BY AUCTION COMPANY. <br>
<br>
5. 2017 TAXES PRO-RATED DATE OF CLOSING CALCULATED ON THE 2016 TAXES.<br>
<br>
6. A 10% BUYER’S PREMIUM WILL BE ADDED TO THE FINAL BID ON THE REAL ESTATE TO REACH THE TOTAL SALES PRICE AND CONTRACT PRICE.<br>
<br>
7. POSSESSION OF PROPERTY WITH DEED TRANSFER AT CLOSING. <br>
<br>
8. REAL ESTATE CLOSING: REAL ESTATE CLOSING WILL BE HELD AT THE UNGER & GODWIN LAW OFFICE AT 405 S. LINDELL ST., MARTIN, TENNESSEE 38237. LANGDON S. UNGER, JR. ATTORNEY FOR THE TONY HARRISON ESTATE.<br>
<br>
9. ALEXANDER AUCTIONS & REAL ESTATE SALES AND ALL AGENTS WORKING AT THIS AUCTION ARE ACTING AS AN AGENT FOR THE SELLER.<br>
<br>
10. PURCHASERS AND PURCHASER’S REPRESENTATIVES HAVE HAD THE OPPORTUNITY TO INSPECT THIS PROPERTY AND WILL AGREE TO ALL BIDS AND PURCHASE SAID PROPERTY AS A RESULT OF THEIR INSPECTION.<br>
<br>
11. ALEXANDER AUCTIONS & REAL ESTATE SALES AND SELLER HAS NOT MADE, DOES NOT MAKE, AND EXPRESSLY DISCLAIMS, ANY WARRANTIES, REPRESENTATIONS, COVENANTS OR GUARANTEES, EXPRESSED OR IMPLIED, OR ARISING OUT BY OPERATION OF LAW, AS TO THE MERCHANTABILITY, HABITABILITY, QUANTITY, QUALITY OR ENVIRONMENTAL CONDITION OF THE PROPERTY OR ITS SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR PARTICULAR USE.<br>
<br>
12. THE PURCHASER DOES HEREBY ACKNOWLEDGE THAT THE SUBJECT PROPERTY IS PURCHASED AT PUBLIC AUCTION AND THAT A PREREQUISITE TO BIDDING IS THAT THE REAL ESTATE IS PURCHASED ABSOLUTELY “AS IS” WITH NO WARRANTY WHATSOEVER AS TO THE CONDITION OF THE SAME.<br>
<br>
13. NO ONE SHOULD MAKE A BID THAT HE/SHE DOES NOT WANT TO HONOR OR IS NOT FINANCIALLY ABLE TO HONOR. <br>
<br>
14. NO PURCHASE IS CONTINGENT ON FINANCING, APPRAISALS, PROPERTY OR HOME INSPECTIONS OR ANY OTHER CONTINGENCIES. <br>
<br>
15. TRAILERS WILL BE OFFERED SEPARATE TO BE REMOVED AND COMBINED WITH REAL ESTATE.<br>
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16. IN THE EVENT ANY TRAILERS SELLS SEPARATE FROM REAL ESTATE, PURCHASER SHALL HAVE SIXTY DAYS FROM THE DATE OF THE AUCTION TO REMOVE THE TRAILER FROM THE PROPERTY.<br>
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17. TRAILERS SELLING SEPARATE FROM THE REAL ESTATE MUST BE PAID IN FULL FOR ON AUCTION DAY.<br>
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18. MINIMUM BID ON ANY TRAILER TO BE REMOVED IS $150.00 OR MORE. <br>
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19. TRAILERS SELLING FOR $750.00 OR LESS REQUIRE A $500.00 DEPOSIT UNTIL THE HOME IS REMOVED.<br>
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20. ALL ELECTRICAL SERVICES, INCLUDING POLES, WIRING AND JUNCTION BOXES ARE TO REMAIN WITH THE REAL ESTATE.<br>
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21. ELECTRICAL BOXES ATTACHED TO TRAILER HOMES REMAIN WITH THE TRAILER HOME.<br>
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22. ALL TRAILERS NEED REPAIRS. NO REPAIRS WILL BE MADE BY SELLER.<br>
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23. NO TRAILER CAN BE BURNED, SCRAPPED OR DISMANTLED ON THE PROPERTY.<br>
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24. PROPERTY AND IMPROVEMENTS ARE BEING SOLD IN THEIR PRESENT CONDITION “AS IS”. NO IMPROVEMENTS WILL BE MADE. THERE ARE NO WARRANTIES OR GUARANTEES EXPRESSED OR IMPLIED AS TO CONDITION OR FITNESS FOR USE. THE WARRANTIES OF HABITABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND PARTICULAR USE ARE EXPRESSLY EXCLUDED.<br>
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25. ALEXANDER AUCTIONS, EXECUTOR, AND SELLERS WILL NOT BE RESPONSIBLE TO THE PURCHASER(S) OF THE REAL ESTATE FOR ANY DAMAGE OR THE CONDITION OF THE REAL ESTATE AFTER THE REMOVAL OF ANY TRAILERS.<br>
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26. ANY INFORMATION SUPPLIED IN THE TERMS AND CONDITIONS CONCERNING THE PROPERTY INFORMATION AND TAX AMOUNTS ARE SUPPLIED TO ACCOMMODATE THE PURCHASER(S). IT IS THE PURCHASER’S SOLE RESPONSIBILITY TO HAVE COMPLETED THEIR OWN DUE DILIGENCE SURVEY, RESEARCH, INSPECTION, CHECKING AND BID ACCORDING TO THEIR DUE DILIGENT SURVEY AND RESEARCH.<br>
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27. FAILURE TO PAY THE BALANCE DUE WILL REQUIRE YOU TO FORFEIT YOUR EARNEST MONEY AND BECOME SUBJECT TO ALL TERMS IN THE CONTRACT.<br>
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28. PROPERTY SELLS SUBJECT TO EXISTING EASEMENTS.<br>
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29. PROPERTY SELLS SUBJECT TO ANY CITY, COUNTY, STATE OR SUBDIVISION ZONING REGULATIONS OR RESTRICTIONS THAT EXIST.<br>
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30. PURCHASERS SHOULD CONTACT THEIR ATTORNEY TO COMPLETE THEIR TITLE OPINION IMMEDIATELY FOLLOWING THE AUCTION. CONTRACT DOES NOT PROVIDE FOR AN EXTENSION DUE TO AN ATTORNEY FAILING TO COMPLETE TITLE WORK OR YOUR LOAN CLOSING NOT BEING SET UP IN TIME TO MEET THE THIRTY (30) DAY CLOSING PERIOD. CONTACT YOUR ATTORNEY IMMEDIATELY!<br>
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31. COMPLIANCE WITH THE TERMS OF SALE: IN DEFAULT OF PAYMENT OF BILLS IN FULL WITHIN THE TIME ANNOUNCED FOR THIS AUCTION, THE AUCTIONEER IN ADDITION TO ALL OTHER REMEDIES ALLOWED BY LAW MAY RETAIN ALL MONIES RECEIVED AS DEPOSIT OR OTHERWISE, AS LIQUIDATED DAMAGES. LOTS NOT PAID FOR WITHIN THE TIME SPECIFIED HEREIN MAY BE RESOLD AT PUBLIC OR PRIVATE SALES WITHOUT FURTHER NOTICE. ANY RESULTING DEFICIENCY TOGETHER WITH ALL EXPENSE AND COSTS OF RE-SALE WILL BE THE RESPONSIBILITY OF THE DEFAULTING PURCHASER. <br>
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32. OPEN HOUSE TUESDAY JUNE 27TH; 3:00 P.M. – 6:00 P.M. MOBILE HOMES AND TRAVEL TRAILERS ARE OPEN AND AVAILABLE FOR YOUR INSPECTION WITHOUT AN AUCTION REPRESENTATIVE.<br>
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33. BIDDERS WHO BID OFF-SITE AND ARE NOT PRESENT AT THE LIVE AUCTION OR PREVIEW UNDERSTAND AND ACKNOWLEDGE THAT THEY MAY NOT BE ABLE TO INSPECT AN ITEM AS WELL AS IF THEY EXAMINED IT IN PERSON. IT IS THE BIDDER’S RESPONSIBILITY TO DETERMINE CONDITION, AGE, GENUINENESS, VALUE OR ANY OTHER DETERMINATIVE FACTOR.<br>
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34. ALEXANDER AUCTIONS & REAL ESTATE SALES IS PROVIDING INTERNET PRE-AUCTION AND LIVE BIDDING AS A SERVICE TO BIDDER. BIDDER ACKNOWLEDGES AND UNDERSTANDS THAT THIS SERVICE MAY OR MAY NOT FUNCTION CORRECTLY THE DAY OF THE AUCTION. UNDER NO CIRCUMSTANCES SHALL BIDDER HAVE ANY KIND OF CLAIM AGAINST ALEXANDER AUCTIONS & REAL ESTATE SALE OR ANYONE ELSE IF THE INTERNET SERVICE FAILS TO WORK CORRECTLY BEFORE OR DURING THE LIVE AUCTION. ALEXANDER AUCTIONS & REAL ESTATE SALES WILL NOT BE RESPONSIBLE FOR ANY MISSED BIDS FROM ANY SOURCE. INTERNET BIDDERS WHO DESIRE TO MAKE CERTAIN THEIR BID IS ACKNOWLEDGED SHOULD LEAVE THEIR MAXIMUM BID 24 HOURS BEFORE THE AUCTION BEGINS.<br>
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35. ALL TIE BIDS WILL BE SETTLED FROM THE AUCTION STAND BY THE AUCTIONEER AND HIS DECISION WILL BE FINAL. THE AUCTIONEER WILL HAVE THE RIGHT TO RE-OPEN THE BID BETWEEN ALL BIDDERS.<br>
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36. ANY INDIVIDUAL ATTENDING THE AUCTION OR WORKING AT THE AUCTION HAS THE RIGHT TO BID AND PURCHASE THE PROPERTY.<br>
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37. AUCTIONEER AND SALES MANAGEMENT RESERVE THE RIGHT TO BID OR EXECUTE ANY ABSENTEE OR OTHER BIDS THAT ARE TURNED IN TO THEM.<br>
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38. ALEXANDER AUCTIONS & REAL ESTATE SALES WILL NOT BE RESPONSIBLE FOR ANY MISSED BIDS OR UNEXECUTED BIDS FROM ANY SOURCE. <br>
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39. ALL INFORMATION USED IN THE ADVERTISING AND PROMOTION OF THIS AUCTION HAS BEEN OBTAINED FROM PUBLIC RECORDS AND OTHER SOURCES DEEMED TO BE LIABLE AND ARE BELIEVED TO BE TRUE AND CORRECT. NO WARRANTIES ARE MADE TO THIS EFFECT.<br>
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40. EACH BUYER IN MAKING A BID DOES HEREWITH AGREE TO COMPLY WITH THE TERMS AND CONDITIONS AS HEREIN STATED AND AS OTHERWISE SET FORTH. THE FAILURE OR DEFAULT BY A SUCCESSFUL BUYER TO FULLY COMPLY WITH THE TERMS AND CONDITIONS HEREIN WILL BE TREATED AS A IMMEDIATE BREACH AND THE DEPOSIT AS MADE RETAINED AND APPLIED TOWARD ANY DEFICIT IN ADDITIONAL COSTS OR CHARGES AS INCURRED TO EFFECT THE RESALE OF THAT PROPERTY A PRIVATE OR PUBLIC SALE. THERE SHALL BE NO FURTHER NOTICE REQUIRED TO THE BUYERS ONCE A DEFAULT HAS OCCURRED. THE OBLIGATION OF THE BUYER SHALL BE FOR COST AS INCURRED PLUS ANY DEFICIT INCLUDED ARISING FROM THE BUYER’S DEFAULT.<br>
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41. ALL BIDDERS AGREE TO AND ACCEPT THESE TERMS AND CONDITIONS AND AGREE TO BID ACCORDING TO THESE TERMS.<br>
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42. PROPERTY IS BEING SOLD SUBJECT TO THESE TERMS, SPECIFIC TERMS, AND ANY OTHER TERMS ANNOUNCED AT THE AUCTION. THESE TERMS WILL BE ATTACHED TO THE SALES CONTRACT FOR FUTURE REFERENCE.<br>
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43. ALL ANNOUNCEMENTS MADE FROM THE AUCTION STAND WILL TAKE PRECEDENCE OVER ANY PREVIOUS ANNOUNCEMENTS OR STATEMENTS.<br>
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WE APPRECIATE YOU INTEREST IN THIS AUCTION AND WE WILL BE GLAD TO ANSWER ANY QUESTIONS YOU MAY HAVE. <br>
<br>
Alexander<br>
AUCTIONS & REAL ESTATE SALES<br>
MARVIN E. ALEXANDER CAI – LIC. 9, FL 107<br>
239 University Street &#61566; P. O. Box 129 ~ MARTIN, TN 38237<br>
Office: (731) 587-4244) Cell: (731) 225-7368<br>
Email: [email protected]<br>
SEE OUR WEBSITE: www.alexanderauctions.com<br>
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EXHIBIT “MULTI PARCEL AUCTION RULES'<br>
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1. ALL BIDDERS AGREE TO REMAIN AT THE AUCTION UNTIL ALL LOTS ARE EITHER DECLARED SOLD INDIVIDUALLY OR IN COMBINATIONS OR THE SALE OF ANY OR ALL TRACTS ARE REJECTED.<br>
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2. ALL BIDS ARE TO REMAIN ACTIVE AND LIVE THROUGHOUT AUCTION.<br>
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3. ALL LOTS WILL BE OFFERED INDIVIDUALLY, IN COMBINATIONS, AND AS A WHOLE.<br>
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4. PURCHASER(S) CAN BID ON ANY COMBINATION OF TRACTS.<br>
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5. PURCHASER(S) SHALL BE ALLOWED TO BID ON ANY TRACT WHEN THEY ARE OFFERED INDIVIDUALLY OR AT ANY TIME THEREAFTER, REGARDLESS IF THEY ARE INVOLVED IN A COMBINATION OR NOT UNTIL THE END OF THE AUCTION.<br>
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6. A BIDDER COULD BE PUT OUT OF THE WINNING POSITION BY A COMBINATION BID OR RAISED INDIVIDUAL BIDS AND THEN A BIDDER CAN COME BACK INTO THE WINNING POSITION WHEN SOMEONE ELSE RAISES OTHER LOTS OR OTHER COMBINATION BIDS ARE MADE.<br>
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7. MINIMUM BID RAISES TO MAKE A NEW COMBINATION OF LOTS SHALL BE AT LEAST $500.00 OR 2% WHICHEVER IS GREATER.<br>
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9. A BIDDER CAN BID AND RAISE THE SALES PRICE ON ANY INDIVIDUAL LOT LISTED ON THE BOARD OR ANY COMBINATION LISTED ON THE BOARD AT ANY TIME AFTER THEY ARE OFFERED INDIVIDUALLY EVEN THOUGH THE AUCTIONEER MAY NOT BE ASKING FOR A BID ON THAT PARTICULAR LOT. THESE BIDS MAY BE LESS THAN THE MINIMUM RAISE STATED ABOVE BECAUSE THIS IS CONSIDERED TO BE HEADS UP BIDDING AND EACH INDIVIDUAL HAS THE SAME OPPORTUNITY.<br>
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10. TO MAKE A BID AND RAISE A BID AS STATED IN THE PREVIOUS NUMBER TURN YOUR BID INTO ONE OF THE RING PERSONNEL ALONG WITH YOUR BIDDER NUMBER SO THEY CAN BE ENTERED AND RECORDED.<br>
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11. THE COMPUTER WILL CALCULATE ALL INDIVIDUAL BIDS AND COMBINATION BIDS ARE IN THE WINNING POSITION DURING THE AUCTION. WHEN SOMEONE MAKES A HIGHER BID ON ALL THE LOTS AND ACREAGE AND THE BIDDING CEASES, THAT BID IS ENTERED IN THE COMPUTER.<br>
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12. THE AUCTIONEER WILL THEN ASK FOR RAISES ON INDIVIDUAL LOTS AND COMBINATIONS. WHEN INDIVIDUAL BIDS AND COMBINATION BIDS ARE RAISED AND THEY TOTAL MORE THAN THE TOTAL COMBINATION BID. ANYONE RAISING ALL THE LOTS AND ACREAGE MUST MAKE A BID ABOVE THE NEW TOTAL. WHEN THIS HAPPENS THE PROCESS STARTS ALL OVER.<br>
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13. IT IS POSSIBLE IN THIS AUCTION TO HAVE A TIE AMONG BIDDERS AT THE END OF THE AUCTION. IN THE EVENT NONE OF THE PURCHASERS WILL INCREASE THEIR BID, MARVIN E. ALEXANDER AND SELLERS SHALL MAKE THE DETERMINATION OF THE FINAL PURCHASER/PURCHASERS CONSIDERING THE TOTAL MONEY SPENT BY AN INDIVIDUAL AND/OR POSSIBLY THE TOTAL NUMBER OF LOTS PURCHASED.<br>
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MULTIPLE BIDDERS OR BY ONE BIDDER, THE MULTI-PAR PROGRAM TRACKS EACH INDIVIDUAL BID AND EACH COMBINATION TO REACH THE HIGHEST TOTAL.<br>
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SPECIFIC TERMS<br>
TONY HARRISON ESTATE AUCTION<br>
7446 HWY. 45E. MARTIN, TN.<br>
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GATEWAY TRAILER COURT AND 10.88 ACRES<br>
7446 HWY. 45E, MARTIN, TENNESSEE 38237<br>
WEAKLEY COUNTY TAX MAP 99, PARCEL 8.00<br>
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1. WEAKLEY COUNTY TAXES. FARM SHOP & MOBILE HOME PADS - $230.00. <br>
MOBILE HOME TAXES $273.00 <br>
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2. SOME TRAILERS MAY BE LIVABLE: SOME REQUIRE MAJOR REPAIRS.<br>
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3. EACH TRAILER PURCHASED SEPARATE FROM LAND FOR $750.00 OR LESS BEFORE BUYER’S PREMIUM REQUIRES A $500.00 SECURITY DEPOSIT UNTIL TRAILER AND REMNANTS FROM THE PROPERTY ARE REMOVED. ALEXANDER AUCTIONS WILL BE THE ESCROW AGENT. <br>
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4. SECURITY DEPOSITS WILL BE REFUNDED WHEN TRAILER AND ANY DEBRIS IS REMOVED AND PROPERTY AND OTHER IMPROVEMENTS ARE NOT DAMAGED.<br>
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5. ALEXANDER AUCTIONS, THE EXECUTOR AND SELLERS HAVE NO KNOWLEDGE ABOUT THE CONDITION OF THE PARK AND IMPROVEMENTS OTHER THAN WHAT YOU CAN BE MADE BY VISIBLE INSPECTION.<br>
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6. ALEXANDER AUCTIONS HAS NO KNOWLEDGE ABOUT THE NUMBER OF SEPTIC TANKS AND FIELD LINES, ELECTRIC WIRING, BOXES AND POLES CONDITION, WELL CONDITION, OR UTILITY WATER LINES.<br>
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7. TRAILERS ARE SOLD WITHOUT TITLES, (BILL OF SALE ONLY), AND SELL AS SALVAGE HOMES. <br>
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8. PURCHASER MUST PAY FOR ALL COSTS TO REMOVE ANY TRAILER AND IS TO BE REMOVED.<br>
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9. UTILITY PIPES UNDER TRAILER ARE TO BE DISCONNECTED ABOVE GROUND AND LEFT INTACT.<br>
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10. SOME TRAILERS HAVE WHEELS AND AXLES AND SOME MAY NOT HAVE WHEELS AND AXLES. <br>
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11. SECURITY DEPOSITS WILL NOT BE REFUNDED IF THE TRAILER IS NOT REMOVED WITH IN 60 DAYS FROM AUCTION DATE.<br>
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12. SECURITY DEPOSITS WILL BE REFUNDED WHEN TRAILER AND ANY DEBRIS IS REMOVED PROVIDED PROPERTY AND OTHER IMPROVEMENTS ARE NOT DAMAGED.<br>
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13. TRACT 3: THE EAST PORTION OF THIS TRACT WAS USED AS A SEWAGE LAGOON FOR NUMBER OF YEARS WHEN LAGOONS WERE LEGAL.<br>
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14. DECKS PORCHES AND AIR UNITS ARE PART OF THE TRAILER AND MUST BE REMOVED.<br>
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15. ANY FURNITURE, PERSONAL PROPERTY & ITEMS NOT SOLD SEPARATE AT AUCTION WILL REMAIN WITH THE TRAILER AND MUST BE REMOVED WITH THE TRAILER.<br>
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SPECIFIC TERMS<br>
TONY HARRISON ESTATE AUCTION<br>
SHADY GROVE TRAILER PARK<br>
1265 ELM STREET, MARTIN, TENNESSEE 38237<br>
WEAKLEY COUNTY TAX MAP 79, PARCEL 38.00<br>
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1. PROPERTY LOCATED WITH IN THE CITY LIMITS OF MARTIN. <br>
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2. MARTIN ZONING: PROPERTY IS LOCATED IN A R-1 ZONE. <br>
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3. ANY SINGLE WIDE TRAILER REMOVED CANNOT BE REPLACED WITH A NEW SINGLE WIDE.<br>
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4. ALEXANDER AUCTIONS HAS NO KNOWLEDGE OF ANY RESTRICTIONS ON THE LOT.<br>
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5. CITY SEWER IS AVAILABLE: CITY OF MARTIN DOES NOT HAVE RECORDS INDICATING IF THE TRAILERS WERE EVER CONNECTED TO THE SEWER.<br>
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6. TRAILERS NEED REPAIR AND SOME REQUIRE MAJOR REPAIRS.<br>
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7. EACH TRAILER PURCHASED SEPARATE FROM LAND FOR $750.00 OR LESS BEFORE BUYER’S PREMIUM REQUIRES A $500.00 SECURITY DEPOSIT UNTIL TRAILER AND REMNANTS ARE REMOVED FROM THE LOT. ALEXANDER AUCTIONS WILL BE THE ESCROW AGENT. <br>
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8. SECURITY DEPOSITS WILL BE REFUNDED WHEN TRAILER AND ANY DEBRIS IS REMOVED PROVIDED PROPERTY AND OTHER IMPROVEMENTS ARE NOT DAMAGED.<br>
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9. ALEXANDER AUCTIONS, THE EXECUTOR AND SELLERS HAVE NO KNOWLEDGE ABOUT THE CONDITION OF THE PARK AND IMPROVEMENTS OTHER THAN WHAT CAN BE MADE BY VISIBLE INSPECTION<br>
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10. ALEXANDER AUCTIONS HAS NO KNOWLEDGE ABOUT THE NUMBER OF SEPTIC TANKS AND FIELD LINES, ELECTRIC CONDITION, WELL CONDITION, OR UTILITY WATER LINES.<br>
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11. TRAILERS ARE SOLD WITHOUT TITLES, (BILL OF SALE ONLY), AND SELL AS SALVAGE HOMES. <br>
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12. PURCHASER MUST PAY FOR ALL COSTS TO REMOVE ANY TRAILER AND ALL REMNANTS TO BE REMOVED.<br>
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13. UTILITY PIPES UNDER TRAILER ARE TO BE DISCONNECTED ABOVE GROUND AND LEFT INTACT.<br>
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14. SOME TRAILERS HAVE WHEELS AND AXLES AND SOME MAY NOT HAVE WHEELS AND AXLES. <br>
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15. SECURITY DEPOSITS WILL NOT BE REFUNDED IF THE TRAILER IS NOT REMOVED WITH IN 60 DAYS FROM AUCTION DATE.<br>
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16. DECKS PORCHES AND AIR UNITS ARE PART OF THE TRAILER AND MUST BE REMOVED.<br>
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17. ANY FURNITURE, PERSONAL PROPERTY & ITEMS NOT SOLD SEPARATE AT AUCTION WILL REMAIN WITH THE TRAILER AND MUST BE REMOVED WITH TRAILER.