Cumberland County Farm Land Auction Saturday, October 17, 2015 Time: 11:00AM EST/ 10:00AM CST Mt Vernal Baptist Church Road Rockwood, TN 37854 Office: Knoxville Agent: Kenny Phillips Cumberland County Farm Land Auction REAL ESTATE AUCTION Saturday, October 17th at 11:00AM EST/ 10:00AM CST Mt Vernal Baptist Church Road Cumberland County, TN Approx 46.37 +/- Acres Beautiful Pasture and Farm Land, Pond and Creek Frontage Offered as Individual Tracts and Combinations Parcel/ Tax ID: 132 032.00 and 144 043.00 TRACT 1: Approx. 15.46 +/- Acres Total Pond Gently Rolling Pasture Land TRACT 2: Approx 16.91 +/- Acres Woods and Pasture Land TRACT 3: Approx. 14.00 +/- Acres Woods and Pasture Land Bank representatives will be onsite with favorable financing options available. For pre-approval, contact John Davis at Progressive Savings Bank at 423-346-6635. DIRECTIONS: I-40 to Westel Road Exit. Head North onto Westel Road. Continue onto Westel at the fork in the road. Turn Left onto Mt Vernal Baptist Church Road. Pass the church on the right to the property entrance. Look for the Auction Signs! TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately 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. The balance is to be paid in full at the deed closing within 30 days. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder's behalf. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Exemption will be a part of the sales contract.