Governors Club TC

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13 Colonel Winstead Dr. Brentwood, TN 37027 The Governors Club – PH2 LOCATED IN WILLIAMSON CO., TN SELL1NG AT AUCTION ON June 30, 2011 @ 4:00 P.M. TERMS. CONDITIONS. AND ANNOUNCEMENTS AGENCY DISCLOSURE: RealtyTrust Auctioneers, LLC represents the Sellers of this property. ATTORNEY:

Seller will furnish a General Warranty Deed on property at closing …(Guarantee Clear, Fee Simple, Insurable Title)

AUCTION REGISRTATION AND TERMS: To register to bid, a $100,000 certified check made payable to the bidder or personal check along with bank letter of guarantee will be required. A ten percent (10%) earnest money payment will be due immediately after being declared the buyer. The registration fee is applied against the ten percent earnest money payment. You will be required to sign the contingency free Purchase and Sale Agreement provided by RealtyTrust Auctioneers, LLC. The balance is due in cash at closing within thirty (30) days. You may register to bid at any time during preview or on auction day from 12:00 noon until 3:30 p.m. CST. The bidding begins promptly at 4:00 p.m. CST. Registration must be completed and proof of funds required for bidding. ADDITIONAL COSTS: Buyer will pay (½) one-half attorney's closing fee (approx. $750.00) and recording fee of Buyer’s Warranty Deed. TAXES: The 2011 property taxes to be pro-rated date of closing. Any back taxes paid by seller. (Est. 2010 Taxes of record $19,621.00 annually ASSOCIATION FEE: The Governors Club monthly association fee is $225.00, and will be pro-rated at closing CLOSING: Closing will be held on or before July 29, 2011 @ Gullett Sanford Robinson & Martin, PLLC @ 315 Deaderick Street - Ste.# 1100 Nashville Tennessee 37238 (615) 244-4994 (Catherine H. Gwyn, Attorney). NOTE: The buyer does not have the right to extend the closing date past July 29, 2011. POSSESS ION: Date of Deed, plus (30) thirty days ADDITIONAL CONDITIONS OF SALE: (1) Property will be selling by Deed Description; no survey has been conducted for the purpose of this sale (2) Property will be selling subject to all matters shown and/or recorded in public records of Williamson Co. (3) Property is selling "AS IS" without any warranties or representations being expressed or implied as to the fitness, use, habitability, merchantability, shape, size, quality, quantity, condition, age, environmental impacts, and/or hazardous and subsurface conditions, by the sellers nor their agents. No termite inspection being provided. (4) Property is selling subject to matter shown in preliminary Title commitment (provided) (5) Buyers Premium: A five percent (5%) buyer premium will be added to the high bid to determine final purchase price (6) Property will be selling subject to owner confirmation.


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