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Online Only Absolute Estate AuctionLake Area Cottage & Detached Boat Garage on a Double Lot

116 Horseshoe Drive
Russell Springs, KY 42642

Start: May 14, 2017 | 12:02 AM

End: May 30, 2017 | 6:00 PM

At The Top of The Hill at Alligator II Boat Dock on Beautiful Lake Cumberland! Online Only Absolute Estate Auction! No Minimums! No Reserves! Property Sells Regardless of Price! Bidding Ends Tuesday, May 30th at Approximately 6 PM CDT Lake Area Cottage & Detached Boat Garage on a Double Lot - Having a Seasonal, Semi-Lake View! Auction Held for The Timouthy Frasure Estate Location: 116 Horseshoe Dr. Russell Springs, KY. (Top of the Hill @ Alligator II) Google Map Link: 36.989969, -84.929700 Directions: From Russell Springs, KY, Take Hwy 80 East approx. 2 miles, then right onto Hwy 910 & go 3 miles, then right onto Hwy 76 & go 4.6 miles, then right onto Hwy 1383 & go 2 miles & look for Horseshoe Drive on the left. Auction Banners Posted. HOW TO BID: BID ONLINE NOW BY CLICKING THE ONLINE BIDDING LINK AT: www.GoldenRuleAuction.com PLEASE FOLLOW THE PROMPTS TO REGISTER BY CLICKING THE ONLINE BIDDING LINK & OBTAINING A USER NAME & PASSWORD ALONG WITH SECURED CREDIT CARD REGISTRATION FOR AUTHENTIFICATION. THEN GET READY TO BID! You can manually bid each time or conveniently use the Maximum Bid feature & let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid. Open House: Saturday, May 27th, from 4 to 6 PM CDT This lake area home with detached boat garage is located at the top of the hill at Alligator II Marina. It features a seasonal or semi-lake view and is located on a dead-end loop in the beautiful Lake Cumberland Area. The property features an affordable weekend retreat with the main level offering 2 bedrooms, 1 bath, open living area-kitchen-dining -living room combination with fireplace. Property has an added sun porch on the back that measures 8 ft. x 26 ft. The basement is semi-finished with another living area, additional bath and utility area. House has county water, central heat & air, septic/sewer and more! Property also has a large detached garage that measures approximately 24 ft. x 26 ft., has concrete floor, electric, overhead door. This makes an ideal storage for boats, jet skis, or other necessities. It is conveniently located and has easy access to the lake! Don’t miss this property! Nearby Attractions: Just over the hill to Lake Cumberland and Alligator II Marina, KOA Campground nearby, plus other nearby boat ramps!!! Terms: Real Estate: Non-refundable 10% deposit to be made to Golden Rule-Wilson Real Estate & Auction #2, LLC Escrow within 48 hours of auction close via cashier’s check, personal check, wire transfer; and balance due with deed on or before 30 days from auction date. No contingencies- IF YOU CAN’T CLOSE, DON’T BID. A ten percent buyer’s premium will be added to the final bid to determine the final sales price. Property taxes pro-rated on day of closing. Property to be transferred with a good insurable General Warranty Deed. Purchaser responsible for own title search if desired. If you are the winning bidder, auction company reserves the right to charge the credit card used at registration, plus any fees. Golden Rule – Wilson Real Estate & Auction #2, LLC’s (Hereinafter referred to as Golden Rule – Wilson, LLC) Online Auctions are timed events and all bidding will close at specified time. Golden Rule – Wilson’s online auctions also have an auto extend feature. If a bid is placed in the final 5 minutes of an auction, the close of the auction will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame. All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed. All item descriptions are believed to be accurate to the best of our knowledge & ability; however, they are not guaranteed. All property is expressly sold ‘AS, IS”. There SHALL be no grounds for any claim, refund, adjustment, charge back, etc. All description information has been gathered from sources which we believe to be reliable but are not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Golden Rule – Wilson, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor GOLDEN RULE – WILSON, LLC, SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Golden Rule – Wilson, LLC. Any dispute between Golden Rule – Wilson, LLC its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Russell County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth. AGENCY: Golden Rule – Wilson, LLC Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Golden Rule – Wilson, LLC and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. Golden Rule – Wilson, LLC reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time. Auction company employees and/or auction company may bid on and purchase auction items. BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Golden Rule – Wilson, LLC auctions. If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify the Auctioneer immediately. For additional information, contact Golden Rule – Wilson LLC, Auctioneers at 270-866-6600. TIME IS OF THE ESSENCE in regard to all auction terms. Auctioneer’s Note: Buy your own little piece of paradise in the beautiful Lake Cumberland area! Remember this online auction ending Tuesday, May 30th, at approx 6 P.M. CDT – GET ONLINE & GET BIDDING, TODAY! by Attractions: Just over the hill to Lake Cumberland and Alligator II Marina, KOA Campground nearby, plus other nearby boat ramps!!!

From Russell Springs, KY, Take Hwy 80 East approx. 2 miles, then right onto Hwy 910 & go 3 miles, then right onto Hwy 76 & go 4.6 miles, then right onto Hwy 1383 & go 2 miles & look for Horseshoe Drive on the left. Auction Banners Posted.