REAL ESTATE AUCTION

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TERMS FOR REAL ESTATE AUCTION

TAX MAP

Taylor timber evaluation

Timber evaluation page 2

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SPECIAL COMMISSIONER'S SALE

REAL ESTATE AUCTION

FARM INCLUDING SUBSTANTIAL MARKETABLE TIMBER

142+/- AC-HONAKER, RUSSELL COUNTY, VA

THE HATTIE LEE TAYLOR ESTATE

LEWIS CREEK RD-APPROX 2 MILES FROM HONAKER TOWN LIMITS

SAT, APRIL 3, 2010, 11:00 A.M.

(AUCTION CONDUCTED OFF SITE AT

THE RUSSELL CO CONFERENCE CENTER (BEHIND WENDY'S)

139 HIGHLAND DR, LEBANON, VA)

SELLING AS A WHOLE BY THE BOUNDARY. TAX MAP 77R264, ACCT 10975. WILL BOOK 47, PAGE 908.

A most desirable property with significant timber value (over 450,000 board ft) which encompasses approx half the farm with the balance in meadow and pasture. A restorable original log house (2 STORY) is situated on the farm along with additional out buildings. YOUR INSPECTION ALONG WITH THAT OF YOUR PROFESSIONAL IS INVITED. PROPERTY BEING SOLD SUBJECT TO APPROVAL BY THE CIRCUIT COURT OF RUSSELL COUNTY.

REFERENCE IS HEREBY GIVEN THAT A SMALL FAMILY CEMETARY EXISTS ON THE SUBJECT PROPERTY.

Auction Terms

TEN PERCENT (10%) OF FINAL BID REQUIRED FOR ESCROW DEPOSIT AT CONCLUSION OF AUCTION. BALANCE DUE UPON APPROVAL BY THE CIRCUIT COURT OF RUSSELL COUNTY, WITHIN APPROXIMATELY THIRTY(30) DAYS. RANDALL EADS, SPECIAL COMMISSIONER.

AUCTION CONDUCTED OFF SITE (BEHIND WENDY'S OFF E MAIN ST)AT THE RUSSELL COUNTY CONFERENCE CENTER,

139 HIGHLAND DR, LEBANON, VA

AUCTION PROPERTY LOCATED ON LEWIS CREEK RD, HONAKER, VA

REFERENCE IS HEREBY GIVEN THAT A SMALL FAMILY CEMETARY IS ON THE SUBJECT PROPERTY.

Directions/Map

ENTERING HONAKER FROM ROSEDALE VIA RT 80, TURN LEFT ONTO COX TOWN ROAD (DIRECTLY ACROSS FROM THE ENTRANCE TO PUTNAM BYPASS), CONTINUE ON COX TOWN ROAD 4/10'S MILE. TURN LEFT ONTO LEWIS CREEK ROAD. PROPERTY BEGINS IN APPROXIMATELY TWO MILES OVERLOOKING THE CLINCH RIVER.

SPECIAL COMMISSIONERS SALE

Details

Auction Terms

Directions/Map