US MARSHALS SERVICE SEIZED PROPERTY.
Two-story motel on approx 19ac lot. 5,360+/- sf with 8 bedrooms and baths. Built in 1985. Includes 8 parking spaces and separate office building.
Details
Real estate forfeited under laws enforced by the United States Department of Justice and its investigative agencies including the DEA, FBI and ATF.
Note: The service fee for this property will be paid by the seller.
Directions:
From Hwy 550/Main St and Hwy 160/Hindman Bypass: North to Hwy 80. East to property.
To receive the property information package, please complete, sign, and return the
confidentiality and non-reliance agreement to Williams & Williams.
View auction schedule for all Kentucky sales
Directions From Your Location
Reference
212523 00-1346-KS-JN/02-2010
Broker Licences
Motel 80 Hindman, KY 41822
A TRACT OF LAND AND IMPROVEMENTS SITUATED ON MONTGOMERY CREEK, KNOTT COUNTY, KENTUCKY, AND DESCRIBED AS FOLLOWS:
TRACT NO. 1;
BEGINNING AT THE MOUTH OF BARLOW BRANCH; THENCE RUNNING TO A ROCK MARKED X DOWN THE BRANCH; THEN UP THE POINT WITH MARINDA SHEPHERD'S LINE TO A ROCK, MARKED X; THENCE UP THE SPUR TO THE TOP OF THE MAIN SPUR TO A CHESTNUT OAK TREE; THENCE WITH THE MAIN SPUR AND LUCINDA PATRICK'S LINE TO THE TOP OF A KNOB TO A MARKED ENCUMBER; THENCE DOWN THE POINT AS IT MEANDERS TO A ROCK, MARKED X; THENCE DOWN THE HILL TO A MARKED WHITE OAK; THENCE DOWN THE HILL TO A ROCK MARKED X; THENCE DOWN THE HILL TO A HORNBEAM; THENCE A STRAIGHT LINE DOWN THE HILL TO THE CREEK;THENCE DOWN THE CREEK TO THE BEGINNING, CONTAINING 20 ACRES, MORE OR LESS.
TRACT NO 2:
BEGINNING ON A MARKED ROCK AT THE BARLOW BRANCH AND UP THE BRANCH WITH ROBERT TERRILL AND DOROTHY TERRILL'S LINE TO LEONARD CREECH'S LINE; THENCE WITH LEONARD CREECH'S LINE TO ALONZO ROBERT'S LINE TO A LARGE BLACK WALNUT TREE; THENCE UP THE HILL WITH SAID ROBERT'S LAND TO THE TOP OF THE HILL TO A MARKED ROCK; THENCE DOWN THE HILL WITH LEE CONLEY'S LINE TO THE BEGINNING, CONTAINING 5 ACRES, MORE OR LESS.
IT IS UNDERSTOOD THAT FIVE (5) ACRES OF THE ABOVE PROPERTY ON NEW ROUTE 80, PURCHASED BY THE KENTUCKY DEPARTMENT OF TRANSPORTATION, ARE SPECIFICALLY EXCLUDED FROM THIS DEED WITH A MORE ACCURATE AND COMPLETE DESCRIPTION OF SAID PROPERTY BEING RECORDED IN DEED BOOK 108, PAGE 699, KNOTT COUNTY COURT CLERK'S RECORDS
A NEW SURVEY AND THE DRAFTING OF A NEW LEGAL DESCRIPTION WILL BE REQUIRED PRIOR TO THE ISSUANCE OF A TITLE POLICY.
SUBJECT TO AND TOGETHER WITH ALL EASEMENTS, RESTRICTIONS AND LEGAL HIGHWAYS, IF ANY, OF RECORD.
Motel 80 Hindman, KY 41822
BUYER ACKNOWLEDGES AND UNDERSTANDS THAT WILLIAMS AND WILLIAMS MAKES NO ASSERTATIONS TO THE COMPLIANCE STANDARDS OF SMOKE AND/OR CO2 DETECTORS TO THIS PROPERTY AND BUYER ACCEPTS RESPONSIBILITY FOR ALL INSPECTIONS FEES AND REMEDIATIONS THEREOF.
BUYER ACKNOWLEDGES AND UNDERSTANDS THAT PROPERTY HEREIN IS PARTIALLY OCCUPIED. BUYER ACCEPTS RESPONSIBILITY FOR EVICTION, LEASE OR RENTAL NEGOTIATION, OR OTHER REMEDIATION, AS BUYER FINDS NECESSARY IN ORDER TO CLARIFY LEGAL OCCUPANCY STATUS. BUYER AGREES TO HOLD SELLER, WILLIAMS AND WILLIAMS, AND ITS AGENTS HARMLESS FROM ANY AND ALL RESULTS THEREIN.
BUYER ACKNOWLEDGES RECEIPT OF AND HAS INITIALED THE FOLLOWING: ADDENDUM TO REAL ESTATE PURCHASE CONTRACT, LEAD BASED PAINT ADDENDUM, BUYER'S CERTIFICATION PACKET. BUYER RESPONSIBLE FOR ALL REMEDIATIONS AND COSTS THEREIN.
BUYER(S) UNDERSTANDS AND ACKNOWLEDGES THAT THE REAL ESTATE HEREIN CONVEYED IS OCCUPIED BY A MOBILE/MANUFACTURED HOME. SELLER WILL CONVEY WHATEVER INTEREST THEY HAVE IN THE MOBILE HOME/MANUFACTURED HOME BY WAY OF A BILL OF SALE. SELLER AND WILLIAMS & WILLIAMS HAVE NO KNOWLEDGE OF THE TITLE STATUS OF SUCH MOBILE/MANUFACTURED HOME, AND DO NOT WARRANT TITLE TO SUCH. MOBILE/MANUFACTURED HOME MAY BE ATTACHED TO THE REAL PROPERTY OR IF NOT, MAY BE DEEMED ABANDONED. BUYER ACCEPTS ALL RESPONSIBILITY FOR TITLING, REGISTERING, OR TRANSFER OF THE MOBILE/MANUFACTURED HOME AND THE DISPOSITION THEREOF, INCLUDING ANY REMEDIATIONS, PERMITS, COSTS OR FEES INCURRED FOR DISPOSITION OF SAME AND ACCEPTS THE PROPERTY “AS IS,WHERE IS”.
BUYER AGREES THAT THE LEGAL DESCRIPTION SET FORTH HEREIN IS SUBJECT TO MODIFICATION AND BUYER FURTHER ACKNOWLEDGES AND UNDERSTANDS THAT PROPERTY HEREIN WILL REQUIRE A SURVEY. BUYER AGREES TO COMPLY WITH OBTAINING THE SURVEY, AT BUYER'S EXPENSE, TO BE DONE PRIOR TO CLOSING.
BUYER ACKNOWLEDGES AND UNDERSTANDS THAT PROPERTY HEREIN MAY BE SUBJECT TO MULTIPLE CODE VIOLATIONS WITH THE CITY/COUNTY/BUROUGH AND BUYER ACCEPTS IN 'AS IS' CONDITION. BUYER ACCEPTS ALL RESPONSIBILITY FOR ANY REMEDIATIONS, FEES, OR TERMS REQUIRED BY THE AUTHORITY THEREOF, WHICH MAY OR MAY NOT INCLUDE DEMOLITION, ESCROW FEES, OR HABITATION CERTIFICATES.
SELLER WILL PAY THE AUCTION SERVICE FEE (REFERENCED IN PARAGRAPH 3 OF SECTION 4 OF THE PURCHASE CONTRACT) ON BEHALF OF THE BUYER AT THE TIME OF CLOSING.
KY RE LIC 46447 DEAN C. WILLIAMS BROKER
AUC LIC RP07019 TOMMY ASSITER AUCTIONEER
AUC LIC NP02644 MONTE W. LOWDERMAN AUCTIONEER
AUC LIC RP07297 KEVIN WENDT AUCTIONEER
AUC LIC RP07172 DANNY GREEN AUCTIONEER
AUC LIC NP06037 JAMES M. BIRDWELL AUCTIONEER
AUC LIC RP818 TOMMY BARNES AUCTIONEER
AUC LIC P1201 EDDIE BURKS AUCTIONEER
AUC LIC NP6122 C.K. SONNY BOOTH AUCTIONEER
AUC LIC RP2362 JERRY KING AUCTIONEER
AUC LIC RP 3225 JOSEPH M MAST AUCTIONEER