With the possibility of large online participation, the auction will be conducted live, February 6th, 2010 rather than stopping at a specific time. ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER PRINTED AND INTERNET MATERIAL. Terms will be $10,000 deposit by cashiers check or certified funds in order to be approved to bid online. Funds may be sent via wire transfer. Please contact Michael Harris at 270-247-3253 for wire transfer account information. Funds sent via cashiers check or certified funds should be sent FedEx overnight to meet the deadline of 5:00 PM Central Time Wednesday, February 3rd 2010 to be eligible to bid. Please overnight certified funds or cashiers check made payable to Harris Real Estate & Auction Escrow to: Harris Real Estate & Auction 3855 State Route 45 North Mayfield, Kentucky 42066 Attn: Michael Dale Harris If not successful bidder funds will be returned via overnight delivery in 3 to 5 business days. REAL ESTATE TERMS: Successful Bidder must enter into a real estate purchase contract and Deposit 15% Down NON-REFUNDABLE due by 12:00 PM Central Time on Monday, February 8th 2010 by wire transfer. The balance is due on or before 30 days from Date of Auction. Internet Buyer's Premium of 11% will be added to all bids and included in the contract sale price. Make all financial arrangements prior to the sale. Taxes will be prorated for 2010. An auction real estate purchase contract is available by contacting Michael Harris at 270-247-3253 or email harrisauctions@bellsouth.net All funds will be placed in a Harris Real Estate & Auction Escrow Account until closing. Jurisdiction of Law shall be State of Tennessee Law. Venue will be in Sevier County, Tennessee. Tennessee Firm #4537, Tennessee License #5624